Whats your tax return going to be? $$$$

[Mr Twigbert]

The wife is still tweaking ours so the final number isn't in yet..

Last she mentioned was something like $5,400.. But that's subject to change I'm sure..

[Yooformula]

$5100 for us.

[Karps TA]

I'm @ $4400. All going to bills unfortunately.

[Crawlin]

kids and property i'm assuming helping so much.

sucks being unmarried/no kids/renter, hahahah no breaks for me :(

can I claim my dog to be a dependant? :)

[jbiscuit]

I have to go through mine once more but it looks like $4700 for me this year. Mine'll go towards the wedding etc also. No fun toys this year. :(

[jbiscuit]

kids and property i'm assuming helping so much.

sucks being unmarried/no kids/renter, hahahah no breaks for me :(

can I claim my dog to be a dependant? :)

house FTW. Paying all that interest on the mortgage nets a LARGE return. I don't miss the renting days at ALL! :banana1:

[Want_Notch]

I am at almost 8k combined so......new windows and 3/4 of our house with new siding.........

[6forwardgears]

Eleventy billion dollars.

[Mr Twigbert]

Eleventy billion dollars.

Don't act so female..

[6forwardgears]

Don't act so female..

Huh?

[Karps TA]

No kids here, atleast none I can knowingly claim, but the house sure helps a ton.

[Z28Roxy]

Like $400.

[michelle]

Wow, those are some big tax returns.

[Slow Joe]

I have to pay... Therefore I'm jealous of all that get returns...

[WickedSix]

I get all I paid into federal back...but state not so much....

[70 cutlass 442]

i think im at about $500 state and maybe $1200 federal according to turbo tax. i will be heading to the tittie bar.

[79SS]

$4800 here

[BlackViper]

you are all lucky...owning a business all i do it PAY!!

[BlackViper]

dammit.... all I do IS pay!!

Still can't edit..

[Poncho]

waiting for my W2s --- work ****ed up on them.

[DirtyMax]

Decent return this year but it's gonna be already basically spent (wedding)

[PonyKiller87]

dammit.... all I do IS pay!!

Still can't edit..

Usualy if you own a busness that is a huge benefit, unless your just raking in the money.


Interest on the house helps a ton, plus my house is a duplex so I get to right off a bunch of other stuff too(that will be awesome when I build a new garage and I can right off half of it)

Interest on student loans and home equity loans is all tax deductable too.

[Korndogg]

just got my W2's like a week ago so I have no clue what Im getting back.

[03CVLX]

just got my W2's like a week ago so I have no clue what Im getting back.


Same here, if things go like past years it will be around 400 from state and around 1500 from the feds.

[70 cutlass 442]

dammit.... all I do IS pay!!

Still can't edit..

but then agian you get all thoes "business write offs"

[theavenger333]

1600. single, non renter

[Cutlass Queen]

Not sure on mine yet all depends when I actually find time to do my taxes

[SSDude]

Not sure without a W-2 yet.

People adjust your deductions to minimize how much you get back at the end of the year. Using the IRS as a savings account is lame.:thumbsup

[lit666]

$2200 single white male, non renter, broken car, big shed and no place to put his tool.

[pOrk]

I'll be lucky if I don't have to pay. I made mostly cash last year, and 6 months of unemployment monies

[BlackViper]

alternative minimum tax........damn Democrats!!

[lit666]

alternative minimum tax........damn Democrats!!

we're screwed for the next 4 years, not that the past 8 have been ran greatly but I'm really concerned for the next 4.

[FANAT1C]

Just filed our taxes. A little above 5600. All fun money too! :D

[Cjburn]

Probably around $4K, 1/2 to the wedding, the other half to a couple retaining walls and a driveway.

[Smokey1226]

i have no idea?!?! I hope a lot, because of quite a few right offs

[Slow Joe]

Ok, does anyone here know what form to file for work related write offs... Aka Mileage, and things purchased for work necessities.

Also what form do you use, or what do you fill out on the interest on student loans...

TIA :thumbsup

[theavenger333]

student loans have a section on every single tax form from what i remember joe. go here
http://www.irs.gov

they explain every form, and what you can file when for what reasons

[scottie K]

some were bouts 6-8

[BoosTT]

around $3k. single, renter, part time student

[oneslowcamino]

$2400 Full time student, I might buy some tools or finish the EL Camino:thumbsup.

[PB86MCSS]

Any of you do your own taxes? I have every year until this year, I'm now a home owner (duplex too) there are quite a few things I'd like to not screw up on and max out my refund. I hope to get more than last year which was about $1300 total as a single renter.

[946speedz]

all you guys suck, i must have messed up my taxes this year or forgot to change my deductions on my w-2's last year, looks like we get a big refund of 200 bucks thanks to the state making us pay their greedy asses

[Crawlin]

about $2200 it looks like. definitely sucks that all those taxes go in and nothing comes out.

if I would have just put one W2 in(since i get paid out of 3 dealerships) my refund would have been double that, hahaha

[moels]

This year I get to claim 2 of my 3 kids. ( My ex and I alternate years. ) I did mine online through TaxAct as I have for the past few years. I'm getting $3546 back this year. No plans for the money as of yet, thinking about getting rid of the Contour and getting an SUV though.

[Flight_740]

I don't even want to talk about where my tax return is going this year.:fire:fire

Just another reason for me to hate the *****.:flipoff2:

[Flight_740]

This year I get to claim 2 of my 3 kids. ( My ex and I alternate years. ) I did mine online through TaxAct as I have for the past few years. I'm getting $3546 back this year. No plans for the money as of yet, thinking about getting rid of the Contour and getting an SUV though.


Dude, you should be getting more than that seriously.

[GRAMPS SS]

sorry...6500.00......pays to be old i guess.....:headbang :headbang :thumbsup

[moels]

Dude, you should be getting more than that seriously.

Why would you say that?

[Flight_740]

Because I did with one kid, renting, and being single.

Did you claim daycare? that is if you need it. mine only added about $400 to my return but it was considerably higher than yours.

[moels]

Well, it depends on what you earn and what dependents you are claiming. I claim 3 so I get more on my check and not let the gov't make interest on too much of my money.

[Yooformula]

we had a family emergency during the summer that set us back pretty much our entire refund so it will be nice to get out from under finally. too bad it only leaves a little to play with.

[Flight_740]

Well, it depends on what you earn and what dependents you are claiming. I claim 3 so I get more on my check and not let the gov't make interest on too much of my money.



Duhh, Im sorry. That makes sense. I claim a zero.

[moels]

No need to apologize man, you actually had me worried for a minute. lol

[Breecher_7]

Ugh...... Dont get me started on this. I pay a shitload into taxes and get squat back. Im so f'n tired of people getting MORE money back then they PUT IN just because they have children. Thats a crock of shit. I can see getting back WHAT you put in, but not MORE. Thats the most assanine thing in the world and it irritates me to no end. So I pay a assload of taxes all year long to get squat back but put more money in people with childrens pockets?

What the **** ever....

[moels]

I don't get back close to what I put in, so I hope you aren't bitching about normal people. I think you are referring to the degenerates that make poverty wage and depend on having kids for deductions.

[SSDude]

From: Money 101 Taxes http://money.cnn.com/magazines/moneymag/money101/lesson18/

Top things to know

In Lesson 18

1. If you get a big refund each year, you're having too much withheld from your paycheck.

In effect, you're giving the government an interest-free loan.cont.

Example::thumbsup If you are getting $3000 back you could adjust your deduction and net an extra $50 a week on your check and still have $400 come back at tax time. If you feel you can't save it, have the extra $50 auto deducted to a savings or investment account. Would you rather earn the interest on your money or let the government earn it on your money?

[SSDude]

Ugh...... Dont get me started on this. I pay a shitload into taxes and get squat back. Im so f'n tired of people getting MORE money back then they PUT IN just because they have children. Thats a crock of shit. I can see getting back WHAT you put in, but not MORE. Thats the most assanine thing in the world and it irritates me to no end. So I pay a assload of taxes all year long to get squat back but put more money in people with childrens pockets?

What the **** ever....

Agreed! You should never get more than you paid in.:thumbsup

[Breecher_7]

I don't get back close to what I put in, so I hope you aren't bitching about normal people. I think you are referring to the degenerates that make poverty wage and depend on having kids for deductions.


For the most part this hits the nail on the head.........

[GTSLOW]

waiting for my W2s --- work ****ed up on them.

I F'n hate when that happens or when they come late!

[Breecher_7]

I F'n hate when that happens or when they come late!

You should be able to log onto DFAS's website and print yours out.

[Junky Giorgio]

gotta love the HOPE CREDIT for full time college students. I get every penny I paid out back!

[Karps TA]

From: Money 101 Taxes http://money.cnn.com/magazines/moneymag/money101/lesson18/

Top things to know

In Lesson 18

1. If you get a big refund each year, you're having too much withheld from your paycheck.

In effect, you're giving the government an interest-free loan.cont.

Example::thumbsup If you are getting $3000 back you could adjust your deduction and net an extra $50 a week on your check and still have $400 come back at tax time. If you feel you can't save it, have the extra $50 auto deducted to a savings or investment account. Would you rather earn the interest on your money or let the government earn it on your money?

The problem with that I wouldn't earn any interest on it. I'd spend the extra cash AND have credit card debt. By getting a nice lump sum back I atleast have something to pay off some bills with. In theory that's a great idea. But in general practice I would bet most people would come out worse.

As for deduction for children. That doesn't bother me near as much as how much I pay in property taxes with the majority of that amount going to schools. The fact that I have a house and take pride in it and try to make it as nice as possible, should not penalize me. When a neighbor with 3 kids, but lets his property go to hell pays less to send his children to school then I sending no kids to school, that really aggravates me. Especially when all I get from it is a screwed up order from McDonalds when I go in cause the kid educated with my money is still a freaking retard and can't understand no mustard means, don't put mustard on my sandwich.

[GRAMPS SS]

Ugh...... Dont get me started on this. I pay a shitload into taxes and get squat back. Im so f'n tired of people getting MORE money back then they PUT IN just because they have children. Thats a crock of shit. I can see getting back WHAT you put in, but not MORE. Thats the most assanine thing in the world and it irritates me to no end. So I pay a assload of taxes all year long to get squat back but put more money in people with childrens pockets?

What the **** ever....


the wife and i pay a shitload into taxes thru the year as well with our incomes.........,......not our fault we get back what we do....married and 1 kid....she has 1 job...i have 2....well 1 now this year since i retired from the other...we both claim 1...this was the last year to claim the photography biz.....maybe 2008 we get less back...or we write a check....not a biggy.....hell i know others that get more back then us.....

[Reverend Cooper]

i get alot back, but i put a shitload away in 401k thats where its at.

[OxmanWI]

$1000, Renter, single (gf)

[MoCkiN U]

shit I just did mine and the wifes tonight with newly married, newborn, job changes and relocation credits.....biggest return I ever had this year!! Tons of bills to pay off and one small mustang project to pay off from winter but with so much of my money getting paid in commissions I pay a shitload of tax!! we are looking at almost $8K so I gotta look at my shit better to square that away. Got waaaay too little taken out

[Mssplayboybunie]

Ugh...... Dont get me started on this. I pay a shitload into taxes and get squat back. Im so f'n tired of people getting MORE money back then they PUT IN just because they have children. Thats a crock of shit. I can see getting back WHAT you put in, but not MORE. Thats the most assanine thing in the world and it irritates me to no end. So I pay a assload of taxes all year long to get squat back but put more money in people with childrens pockets?

What the **** ever....


I probably would agree on this to some extent if I was "childless" but that being said having a child or children you need all the money you can get!!they are expensive :stare

[SmokinRAM114]

im gettin like 1300 back. and i bought a $2300 injection pump for the ram so = gone..

[79SS]

Should have mine direct deposited tomorrow,gonna buy my wife maternity clothes,buy some fun stuff for my kids probably for their Wii,fix my truck and pay some bills cause like Katt Williams said "I got bills and s**t"

[Breecher_7]

I probably would agree on this to some extent if I was "childless" but that being said having a child or children you need all the money you can get!!they are expensive :stare


Call me a heartless bastard but I could really care less. If you need more money, get a better or another job. If your getting back WHAT you put in, great, im happy for ya, you SHOULD get back every single dime. But if you get back MORE money then you put in, thats what irratates the hell out of me.

It eats me to no end that the thousands and thousands of dollars that I pay into taxes every year go to shit I could care less about and other peoples pocket.

Very sore subject for me, i could rant on and on about this for hours.

[nitroxtreme]

I'm getting a little back.. first time in a while..wife and two kids try to end up at zero both ways..The refund will go to taxes this year,for some reason I see us getting bent over at the end of this year..

[GHOSST]

I got $4600, but Child Support raped me up down and sideways, and $3172 was credited for past due hospital bills for my son and daughter... but now there all paid off, so next year will be ok... whew:)

[Cleveland Dave]

916 but i already borrowed 900 from my dad early january to pay off some bills, etc... so i already spent it....haha

single living at home...i get no breaks.

[Karps TA]

Damn, I already got my State deposited today. Filed Sunday night, deposited 5 days later. Not bad!

[jbiscuit]

WHOA! Nice!

[Crawlin]

What's this tax credit thing that's been talked about on TV. People are getting an extra $500 back if they are under a certain income?

[Karps TA]

You won't see that check till May at the earliest. That's part of the economic stimulus package Bush is trying to pass.

[Crawlin]

ahhh yes. now what are the limits/requirements he is proposing? always gotta hope that you are "under" but don't know if I would be, haha

[Karps TA]

Really too early to say for sure. But it's like $75K for singles, $110K for couples right now. Anything over that decreases the amount you would get, have kids? that would increase it.

[theavenger333]

gotta love the HOPE CREDIT for full time college students. I get every penny I paid out back!

Hope Tax credit is only good for 2 years though, so enjoy it while you can

[GRAMPS SS]

sorry...6500.00......pays to be old i guess.....:headbang :headbang :thumbsup

oppps...the wife redid it...seems she made a mistake or 2....now were at 7250.00...she just entered it in the computer and sent it in ...should have deposit by next weekend....oh what should i buy...new walker...new wheelchair....:thumbsup

[spindler27]

uncle sam raped me this year! i claim 0 too, it pisses me off like no other when our tax money goes to all the wrong people, and we get shit back

[spindler27]

oppps...the wife redid it...seems she made a mistake or 2....now were at 7250.00...she just entered it in the computer and sent it in ...should have deposit by next weekend....oh what should i buy...new walker...new wheelchair....:thumbsup

one of those voice recorders you can walk around with, so when you think of something you need to do, you won't forget before you get around to doing it! my grandpa has one, so it should help you out:thumbsup:rolf

[07ROUSHSTG3]

just got my last 1099 in the mail. i have no idea what to expect. me and the wife both made sh!t for money last year, wife had a baby, and the stock market didn't make me no money, so should be pretty decent i figure. go to the tax guy on tuesday so until then i have my fingers crossed.