Iliketurtles
Posts: 8,191
Feb 14, 2012 8:32pm
S&L I'd say $750 is probably about right maybe a little more but no much.
I got back $1350 in Federal and $190 from the state.
I got back $1350 in Federal and $190 from the state.
LJ
Posts: 16,351
Feb 14, 2012 8:35pm
Ironman92;1086093 wrote:My wife and I got back $3800 in federal....hope this helps
Ya'll bros need to adjust your witholdings.ernest_t_bass;1086099 wrote:$6,600 federal. About $550 bt Ohio and Indiana. About $175 SD.
Ernest you could be brining home an extra $610/month. Using that on hooker, blow and lime powder is a better ROI than letting the .gov hang onto it.
McFly1955
Posts: 1,441
Feb 14, 2012 8:36pm
We are getting around $1500 back and have a 2nd baby on the way this year...I adjusted my allowances at work today...Ideally I'd like to owe zero and get back zero.
Laley23
Posts: 29,506
Feb 14, 2012 8:42pm
Ill be paying the IRS. Probably hold out as long as possible. This part of the year sucks, but I love have all my paycheck at my disposal during the year.
ernest_t_bass
Posts: 24,984
Feb 14, 2012 8:56pm
LJ;1086104 wrote:Ya'll bros need to adjust your witholdings.
Ernest you could be brining home an extra $610/month. Using that on hooker, blow and lime powder is a better ROI than letting the .gov hang onto it.
I like it better this way.
LJ
Posts: 16,351
Feb 14, 2012 9:00pm
Poor people savings acctsernest_t_bass;1086120 wrote:I like it better this way.
Pick6
Posts: 14,946
Feb 14, 2012 9:02pm
to be fair, he is a high school teacher.LJ;1086127 wrote:Poor people savings accts
ernest_t_bass
Posts: 24,984
Feb 14, 2012 9:12pm
LJ;1086127 wrote:Poor people savings accts
Ok?
ernest_t_bass
Posts: 24,984
Feb 14, 2012 9:12pm
Pick6;1086128 wrote:to be fair, he is a high school teacher.
Lol
chicago510
Posts: 5,728
Feb 14, 2012 9:14pm
Why exactly? You can earn some cash on $7000 in principal if you know anything about finance. Even if you don't, let it sit in a shoebox so that uncle sam isn't screwing you over.ernest_t_bass;1086120 wrote:I like it better this way.
dwccrew
Posts: 7,817
Feb 14, 2012 9:44pm
I never understood why people enjoyed letting the government hold on to their money with no interest being earned. Maybe you could let me know why you prefer that to you managing your own money and investing it into something worthwhile?ernest_t_bass;1086120 wrote:I like it better this way.
LJ
Posts: 16,351
Feb 14, 2012 9:49pm
Because the .gov is a poor people's savings acct. It's for people who cannot manage their own money. This is evidenced by those same people saying that they like getting a big return going out and blowing it all on stupid shit.dwccrew;1086193 wrote:I never understood why people enjoyed letting the government hold on to their money with no interest being earned. Maybe you could let me know why you prefer that to you managing your own money and investing it into something worthwhile?
dwccrew
Posts: 7,817
Feb 14, 2012 9:50pm
I just sell my unused money on my food stamp card to buy the stupid shit I want. Wish others would do the same.LJ;1086202 wrote:Because the .gov is a poor people's savings acct. It's for people who cannot manage their own money. This is evidenced by those same people saying that they like getting a big return going out and blowing it all on stupid ****.
W
WebFire
Posts: 14,779
Feb 14, 2012 9:54pm
It sucks that you owe less taxes?j_crazy;1086029 wrote:I'm curious what we get/owe. Got like 1800 last year. I didn't change anything, but we had another kid and tons of medical expenses for his surgery so we might get a lot more back. Which sucks.
Ironman92
Posts: 49,363
Feb 14, 2012 10:05pm
LJ;1086104 wrote:Ya'll bros need to adjust your witholdings.
Ernest you could be brining home an extra $610/month. Using that on hooker, blow and lime powder is a better ROI than letting the .gov hang onto it.
Thanks
I keep $35 extra in federal out each check ($70 a month) for my other job teaching at the local jail....but I barely worked there this year (job doesn't take any taxes)....made return a bit larger.
dwccrew
Posts: 7,817
Feb 14, 2012 10:05pm
Pretty sure he meant it sucks he's getting more back because that means he overpaid more for the year. Have you not followed the previous posts? Honest question.WebFire;1086218 wrote:It sucks that you owe less taxes?
SportsAndLady
Posts: 35,632
Feb 14, 2012 10:10pm
I took it as it sucks he's getting more money back at the expense of his kid's surgery. But I could be 150% wrong loldwccrew;1086237 wrote:Pretty sure he meant it sucks he's getting more back because that means he overpaid more for the year. Have you not followed the previous posts? Honest question.
dwccrew
Posts: 7,817
Feb 14, 2012 10:12pm
I actually thought that as well, but wasn't real sure either. Both reasons suck, but the kid thing sucks infinity times more.SportsAndLady;1086251 wrote:I took it as it sucks he's getting more money back at the expense of his kid's surgery. But I could be 150% wrong lol
Commander of Awesome
Posts: 23,151
Feb 14, 2012 10:25pm
I got back $2 from fed (almost perfect!) and $98 from local. Overall pretty close to my hope of $0.
justincredible
Posts: 32,056
Feb 14, 2012 10:29pm
Filling jointly turbotax says we're going to owe about $1300 between state and fed. We are going to see what filing separately will do overall. She put in her info and it says she'd get back $111. Before I put her info to file jointly I was set to get $260 back.
Commander of Awesome
Posts: 23,151
Feb 14, 2012 10:34pm
Justin, if your company has a payroll office or perhaps an HR if not payroll, I'd suggest talking to them, should be able to avoid owing $1,300 if you're filed correctly through them. Just a thought. Or don't I really don't give a shit.
LJ
Posts: 16,351
Feb 14, 2012 10:35pm
Just an FYI you can either file for itemized or for standard deduct when doing Married filing sep.justincredible;1086296 wrote:Filling jointly turbotax says we're going to owe about $1300 between state and fed. We are going to see what filing separately will do overall. She put in her info and it says she'd get back $111. Before I put her info to file jointly I was set to get $260 back.
justincredible
Posts: 32,056
Feb 14, 2012 10:36pm
Yeah I don't know what this means.LJ;1086310 wrote:Just an FYI you can either file for itemized or for standard deduct when doing Married filing sep.
justincredible
Posts: 32,056
Feb 14, 2012 10:37pm
My company has 4 employees. I'm not sure who does our payroll.Commander of Awesome;1086309 wrote:Justin, if your company has a payroll office or perhaps an HR if not payroll, I'd suggest talking to them, should be able to avoid owing $1,300 if you're filed correctly through them. Just a thought. Or don't I really don't give a shit.
LJ
Posts: 16,351
Feb 14, 2012 10:38pm
That means it may not even out as much as you think. You need to hire a tax planner is what I am thinkingjustincredible;1086313 wrote:Yeah I don't know what this means.