$94 tax return...

[Roots-type]

.....lol...smh

Thanks Big Guy!

Somehow, while paying my taxes all year and claiming zero dependents, I've managed to nearly OWE this time. I wonder how they would've justified that? At $94 we were almost there. That's the edge.

 

[13COBRA]

.....lol...smh

Thanks Big Guy!

Somehow, while paying my taxes all year and claiming zero dependents, I've managed to nearly OWE this time. I wonder how they would've justified that? At $94 we were almost there. That's the edge.

The only time I've ever received money back on taxes was when I was 20. I got $1.97 back. I still have the check.

 

[sleek98]

So you would rather over pay all year long? You can go in and have extra money withheld if you want a "BIG REFUND"

At $94 bucks that is what I shoot for with my clients, I try to get them within $100 if they are salaried and want me to help adjust their withholding.

 

[DriftwoodSVT]

I'd rather break even. I don't want to loan my money to the government for 12 months.

 

[VegasMichael]

I'm going to owe between 20-25k. Not looking forward to it.

 

[Roots-type]

The only time I've ever received money back on taxes was when I was 20. I got $1.97 back. I still have the check.

Haha that's frame worthy

So you would rather over pay all year long? You can go in and have extra money withheld if you want a "BIG REFUND"

At $94 bucks that is what I shoot for with my clients, I try to get them within $100 if they are salaried and want me to help adjust their withholding.

No, I'm not really interested in giving free loans to irresponsible politicians. But I usually get more than this and my situation hasn't changed. So it's interesting is all. My concerns are more for the people who count on this shit and over extend. But, that's the American way.

 

[13COBRA]

I'm going to owe between 20-25k. Not looking forward to it.

You need more deductions. We sold my wife's business last year, so I should fair pretty well this year.

 

[LS WUT]

Yeah I’m not to much in the good, I think $454 is my tax return lol

 

[BlckBox04]

I suppose luckily for me my stock portfolio completely tanked this year so hopefully I won’t owe any

 

[03cobra#694]

I have to stroke a check every year, and I already pay a shit load.

 

[Black Gold 380R]

I have to stroke a check every year, and I already pay a shit load.

I'm with you Brad. I HATE tax season.........

 

[Zemedici]

Started a business last year
Filing jointly with the wife

Time to play ‘is that a write off?’ lolol

 

[01yellercobra]

Last year was the first time we haven't owed in years. And that was mostly because the wife was on unemployment most of the year.

 

[KilledbyKenne]

I'd rather owe as much as I can without getting in trouble. Then the gubment is giving ME the interest free loan!

 

[Blk04L]

I'm going to hold off this year for a bit. Do not want to know what I owe until I have to pay it.

 

[DSG2003Mach1]

Started a business last year
Filing jointly with the wife

Time to play ‘is that a write off?’ lolol

just remember:

tax avoidance is good
tax evasion is bad

 

[q6543]

I’m interested to see how these 87k new agents shake down the middle class

 

[VegasMichael]

You need more deductions. We sold my wife's business last year, so I should fair pretty well this year.

Yeah but it was because of a one-time event. I sold my house last year for a nice profit but even after excluding 250k I still have six figures of gains on top of that I have to pay tax on. Now if I was married I could have excluded 500k and wouldn't owe anything.

 

[13COBRA]

Yeah but it was because of a one-time event. I sold my house last year for a nice profit but even after excluding 250k I still have six figures of gains on top of that I have to pay tax on. Now if I was married I could have excluded 500k and wouldn't owe anything.

Sounds like almost a good enough reason to get married. haha

I usually pay $15-20k a year at the end. We'll see what happens this year! It's like playing craps.

 

[VegasMichael]

I’m interested to see how these 87k new agents shake down the middle class

I believe the new IRS agents will join existing IRS agents and be focusing on earners of over 400k per annum as well as corporations and partnerships.