Taxes done yet

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Belly35's avatar

Belly35

Elderly Intellectual

9,716 posts
Apr 14, 2014 6:24 AM
Paying or Get back?


I'm picking the wife and mine taxes up today....

city ... Break even
state... Break even
feds.... I will be paying out ....
Apr 14, 2014 6:24am
M

Manhattan Buckeye

Senior Member

7,566 posts
Apr 14, 2014 6:37 AM
Will send this to the politics forum most likely - tax status, we're pissed. Because of international accounting rules we literally paid a double tax for calendar year 2013. We paid the full amount in the UK which is close to 40%, but because it was only withheld and not accrued we still had to pay US tax of 28%. Deloitte says we'll get most of the 28% US back for tax year 2014, but that is a year away, and it is effectively an interest free loan to GOVCO. Assuming of course we actually get it back. And our elected leaders get by with paying only 20%. We literally wrote the biggest check in our lives (even more than our house down-payment) to feed the pigs' trough. Ridiculous.
Apr 14, 2014 6:37am
Devils Advocate's avatar

Devils Advocate

Brudda o da bomber

4,539 posts
Apr 14, 2014 7:05 AM
^^ Sounds like you hit the ever popular asshole tax. :)
Apr 14, 2014 7:05am
M

Manhattan Buckeye

Senior Member

7,566 posts
Apr 14, 2014 7:12 AM
I don't know about that, but we took it up the rear end. It is ridiculous. Hopefully we'll get it back, but not until next April. I want to kick everyone that created our tax code in the crotch. Some serious roshimbo action.
Apr 14, 2014 7:12am
like_that's avatar

like_that

1st Team All-PWN

26,625 posts
Apr 14, 2014 7:38 AM
I owed DC and the Feds money. They can GFT.
Apr 14, 2014 7:38am
ernest_t_bass's avatar

ernest_t_bass

12th Son of the Lama

24,984 posts
Apr 14, 2014 7:38 AM
We received our return back in February. Taxes have long since been done.
Apr 14, 2014 7:38am
Raw Dawgin' it's avatar

Raw Dawgin' it

Just Ain't Care

11,466 posts
Apr 14, 2014 8:23 AM
Owed 1 state $3,500, getting $4,800 back from other state and feds.
Apr 14, 2014 8:23am
TedSheckler's avatar

TedSheckler

Emporium Entrepreneur

3,974 posts
Apr 14, 2014 8:26 AM
Got a refund from Fed and State. Filed those months ago.

I owe city. Mailing the return and check today.
Apr 14, 2014 8:26am
wildcats20's avatar

wildcats20

In ROY I Trust!!

27,794 posts
Apr 14, 2014 8:28 AM
TedSheckler;1604755 wrote:Got a refund from Fed and State. Filed those months ago.

I owe city. Mailing the return and check today.
Same here.
Apr 14, 2014 8:28am
bases_loaded's avatar

bases_loaded

Senior Member

6,912 posts
Apr 14, 2014 8:32 AM
Owed $9 to city

Got $138 from state

Owed $704 to Obama
Apr 14, 2014 8:32am
Automatik's avatar

Automatik

Senior Member

14,632 posts
Apr 14, 2014 8:32 AM
Done and spent since early February.

Got an ok return from the fed, threw all of it at some debt
Apr 14, 2014 8:32am
ernest_t_bass's avatar

ernest_t_bass

12th Son of the Lama

24,984 posts
Apr 14, 2014 8:33 AM
Our total return was about $7,200. 100% spent towards CC debt, built up paying for a Masters degree.
Apr 14, 2014 8:33am
R

raiderbuck

Senior Member

1,623 posts
Apr 14, 2014 9:14 AM
Got back $1700 from the feds. No crazy tax deductions for me. Just normal w2 income.
Apr 14, 2014 9:14am
ernest_t_bass's avatar

ernest_t_bass

12th Son of the Lama

24,984 posts
Apr 14, 2014 9:24 AM
raiderbuck;1604772 wrote:Got back $1700 from the feds. No crazy tax deductions for me. Just normal w2 income.
I know the snobs on here will say I'm doing it wrong, but I don't care. I like a big tax return. Deductions last year:

- 2 kids
- 2 mortgages (interest... sucks)
- Rental home depreciation
- School loans
- School tuition
- Standard job deduction
Apr 14, 2014 9:24am
W

WebFire

Go Bucks!

14,779 posts
Apr 14, 2014 9:27 AM
ernest_t_bass;1604776 wrote:I know the snobs on here will say I'm doing it wrong, but I don't care. I like a big tax return. Deductions last year:

- 2 kids
- 2 mortgages (interest... sucks)
- Rental home depreciation
- School loans
- School tuition
- Standard job deduction
I actually enjoy making more money every check. But to each his own.

Owed some to Feds, got some back from state. Net about -$128.
Apr 14, 2014 9:27am
Heretic's avatar

Heretic

Son of the Sun

18,820 posts
Apr 14, 2014 9:51 AM
WebFire;1604779 wrote:I actually enjoy making more money every check. But to each his own.

Owed some to Feds, got some back from state. Net about -$128.
Yep, that's how I do things. Or, to better put it, will do things tomorrow. When it comes to shit like this, waiting until the last minute is the only option.
Apr 14, 2014 9:51am
Heretic's avatar

Heretic

Son of the Sun

18,820 posts
Apr 14, 2014 9:52 AM
ernest_t_bass;1604761 wrote:Our total return was about $7,200. 100% spent towards CC debt, built up paying for a Masters degree.
$7200 does not equal $20, so this confuses me.
Apr 14, 2014 9:52am
ernest_t_bass's avatar

ernest_t_bass

12th Son of the Lama

24,984 posts
Apr 14, 2014 9:53 AM
Heretic;1604787 wrote:$7200 does not equal $20, so this confuses me.
I'm not CCRunner.
Apr 14, 2014 9:53am
J

jmog

Senior Member

6,567 posts
Apr 14, 2014 10:06 AM
State-$600 return
Federal-$700 owed

Sending it all out tonight or tomorrow. I did it just about right this year, owe a net of $100.
Apr 14, 2014 10:06am
Heretic's avatar

Heretic

Son of the Sun

18,820 posts
Apr 14, 2014 11:03 AM
ernest_t_bass;1604788 wrote:I'm not CCRunner.
But you have CC debt. Which would be $20.
Apr 14, 2014 11:03am
ernest_t_bass's avatar

ernest_t_bass

12th Son of the Lama

24,984 posts
Apr 14, 2014 11:04 AM
Heretic;1604822 wrote:But you have CC debt. Which would be $20.
LOL. I'm retarded.
Apr 14, 2014 11:04am
Laley23's avatar

Laley23

GOAT

29,506 posts
Apr 14, 2014 11:26 AM
Heretic;1604787 wrote:$7200 does not equal $20, so this confuses me.
Lol'd
Apr 14, 2014 11:26am
GoChiefs's avatar

GoChiefs

Resident Maniac

16,754 posts
Apr 14, 2014 12:28 PM
Paid $400 to the feds
Got $200 back from the state
Apr 14, 2014 12:28pm
SportsAndLady's avatar

SportsAndLady

Senior Member

35,632 posts
Apr 14, 2014 12:33 PM
Got a hundred back from Illinois
Got a grand back from the Feds.

Spent it all already on alcohol, etc.
Apr 14, 2014 12:33pm
mucalum49's avatar

mucalum49

Senior Member

1,639 posts
Apr 14, 2014 12:37 PM
Got back about $1,800 total from Feds and State. Student loan interest factored into taxes helps me get back a decent return. Although I'd much rather pay then have the debt so it's whatever.

Received a CP2000 form for my year 2012 taxes. Has anyone received this? The IRS said I received $2k more from securities than I really did and they wanted to tax me $1,250 on the amended return. I have all the account statements and tax forms showing information in my favor. I was just curious if anyone else ever received this and how difficult it was to have the IRS admit the original filing was correct.
Apr 14, 2014 12:37pm