Taxes

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LJ's avatar

LJ

Senior Member

16,351 posts
Feb 16, 2013 8:28 PM
sleeper;1390523 wrote:Oh my bad, $17.34 :rolleyes:
I did round wrong. $1900 split into 24 checks is $79 per check, I just rounded to 160 per month, but then still used 1900
Feb 16, 2013 8:28pm
Trueblue23's avatar

Trueblue23

BASEDgod

7,463 posts
Feb 16, 2013 8:29 PM
LJ;1390525 wrote:Yes, do you enjoy giving out 0% loans?
This post has zero relevance to anything I posted.
Feb 16, 2013 8:29pm
HitsRus's avatar

HitsRus

Senior Member

9,206 posts
Feb 16, 2013 8:29 PM
working on them this weekend.
Feb 16, 2013 8:29pm
LJ's avatar

LJ

Senior Member

16,351 posts
Feb 16, 2013 8:30 PM
Trueblue23;1390527 wrote:This post has zero relevance to anything I posted.
Does it?? Because you are using the IRS as a savings account, and they use your money as a loan. You are giving the government a 0% loan.
Feb 16, 2013 8:30pm
mcburg93's avatar

mcburg93

permaban to basement

3,167 posts
Feb 16, 2013 8:32 PM
I claim 0 most of the year so I can get a bigger return. I usually change it around october so I have extra cash for christmas. The interest I make on 100 a month really aint worth worrying about. I will be getting 1200 and will just put it into the bank for use as I see fit.
Feb 16, 2013 8:32pm
Crimson and Gray Hair's avatar

Crimson and Gray Hair

Senior Member

384 posts
Feb 16, 2013 8:32 PM
dlazz;1390456 wrote:I did mine the last week of January. Already got my return back. $200 or so.
Consult LJ on how the invest that windfall and come this time next year you'll be "Living the Life of Riley"!
Feb 16, 2013 8:32pm
Trueblue23's avatar

Trueblue23

BASEDgod

7,463 posts
Feb 16, 2013 8:33 PM
LJ;1390529 wrote:Does it?? Because you are using the IRS as a savings account, and they use your money as a loan. You are giving the government a 0% loan.
I said it is "like" a savings account. As in, similar characteristics but different in nature.
Feb 16, 2013 8:33pm
Ironman92's avatar

Ironman92

Administrator

49,363 posts
Feb 16, 2013 8:34 PM
ccrunner609;1390431 wrote:5,300 fed for me

Kids 16 and under are the best
Feb 16, 2013 8:34pm
LJ's avatar

LJ

Senior Member

16,351 posts
Feb 16, 2013 8:35 PM
Crimson and Gray Hair;1390532 wrote:Consult LJ on how the invest that windfall and come this time next year you'll be "Living the Life of Riley"!
Anything less than $500 is merely the "cost of doing business". Most are just going to use the exemptions, they will choose 4, rather than "5 and $15"
Feb 16, 2013 8:35pm
LJ's avatar

LJ

Senior Member

16,351 posts
Feb 16, 2013 8:36 PM
Trueblue23;1390533 wrote:I said it is "like" a savings account. As in, similar characteristics but different in nature.
This post has zero relevance to anything I posted.
Feb 16, 2013 8:36pm
Trueblue23's avatar

Trueblue23

BASEDgod

7,463 posts
Feb 16, 2013 8:38 PM
LJ;1390538 wrote:This post has zero relevance to anything I posted.
Next time someone starts a thread on being a condescending prick, I'll be sure to ask for your expertise.
Feb 16, 2013 8:38pm
Automatik's avatar

Automatik

Senior Member

14,632 posts
Feb 16, 2013 8:38 PM
I got a solid return.

$9.95 with freetaxusa.com It was simple and quick. I've had my state and fed both direct deposited around 2 weeks ago.

I know, I know, lending Uncle Sam a 0% loan, sheep bahhh bahhh. I dgaf. I'm going on a trip with that cashmoney. :thumbup:
Feb 16, 2013 8:38pm
sleeper's avatar

sleeper

Legend

27,879 posts
Feb 16, 2013 8:40 PM
LJ;1390526 wrote:I did round wrong. $1900 split into 24 checks is $79 per check, I just rounded to 160 per month, but then still used 1900
Alright let's just drop it. I agree with you. $1,900 back is too much.
Feb 16, 2013 8:40pm
LJ's avatar

LJ

Senior Member

16,351 posts
Feb 16, 2013 8:40 PM
Trueblue23;1390539 wrote:Next time someone starts a thread on being a condescending prick, I'll be sure to ask for your expertise.
I just tell it like it is. Sorry if that pisses you off.
Feb 16, 2013 8:40pm
Crimson and Gray Hair's avatar

Crimson and Gray Hair

Senior Member

384 posts
Feb 16, 2013 8:41 PM
mcburg93;1390531 wrote:I claim 0 most of the year so I can get a bigger return. I usually change it around october so I have extra cash for christmas. The interest I make on 100 a month really aint worth worrying about. I will be getting 1200 and will just put it into the bank for use as I see fit.
Sorry, but you are not allowed to do that!:laugh:
Feb 16, 2013 8:41pm
LJ's avatar

LJ

Senior Member

16,351 posts
Feb 16, 2013 8:42 PM
Ironman92;1390534 wrote:Kids 16 and under are the best
Yep, already took the $1000 credit off of my estimated payments and will be using it to help pay for daycare.
Feb 16, 2013 8:42pm
GoChiefs's avatar

GoChiefs

Resident Maniac

16,754 posts
Feb 16, 2013 8:43 PM
Crimson and Gray Hair;1390544 wrote:Sorry, but you are not allowed to do that!:laugh:
Where was that said? :confused:
Feb 16, 2013 8:43pm
Crimson and Gray Hair's avatar

Crimson and Gray Hair

Senior Member

384 posts
Feb 16, 2013 8:47 PM
GoChiefs;1390547 wrote:Where was that said? :confused:
I just said it - someone had to do it for his own good. He certainly doesn't look to be responsible for making his own financial decisions now does he?
Feb 16, 2013 8:47pm
Midstate01's avatar

Midstate01

Senior Member

14,766 posts
Feb 16, 2013 8:49 PM
LJ;1390437 wrote:Congrats on being horrible with your finances

Not necessarily true. In our case my going to school coupled with having a kid took our federal from 717 to 4800.
Feb 16, 2013 8:49pm
LJ's avatar

LJ

Senior Member

16,351 posts
Feb 16, 2013 8:55 PM
Midstate01;1390551 wrote:Not necessarily true. In our case my going to school coupled with having a kid took our federal from 717 to 4800.
You can still spread those credits throughout the year. I spread the child tax credit out over the year already on my wifes, and I know our daycare costs, so I already reduced everything by that amount as well.
Feb 16, 2013 8:55pm
Tiger2003's avatar

Tiger2003

Kill or be Killed

15,421 posts
Feb 16, 2013 8:59 PM
We have to pay....errrrr
Feb 16, 2013 8:59pm
Crimson and Gray Hair's avatar

Crimson and Gray Hair

Senior Member

384 posts
Feb 16, 2013 9:04 PM
Tiger2003;1390559 wrote:We have to pay....errrrr
Alrighty then! Sounds like your ducks are all in a row.
Feb 16, 2013 9:04pm
Crimson and Gray Hair's avatar

Crimson and Gray Hair

Senior Member

384 posts
Feb 16, 2013 9:06 PM
Crimson and Gray Hair;1390560 wrote:Alrighty then! Sounds like you ducks are all in a row.
...or would they be in a column?
Feb 16, 2013 9:06pm
Midstate01's avatar

Midstate01

Senior Member

14,766 posts
Feb 16, 2013 9:06 PM
LJ;1390554 wrote:You can still spread those credits throughout the year. I spread the child tax credit out over the year already on my wifes, and I know our daycare costs, so I already reduced everything by that amount as well.

Ill take the big return. Taxes taken out is money I never see any way. So the return is always nice.
Feb 16, 2013 9:06pm
LJ's avatar

LJ

Senior Member

16,351 posts
Feb 16, 2013 9:08 PM
Midstate01;1390562 wrote:Ill take the big return. Taxes taken out is money I never see any way. So the return is always nice.
But you do see that money, in the return. That is your money the government held onto. It's not a magical gift from the IRS.
Feb 16, 2013 9:08pm