ChiefsPlanet

ChiefsPlanet (https://chiefsplanet.com/BB/index.php)
-   Nzoner's Game Room (https://chiefsplanet.com/BB/forumdisplay.php?f=1)
-   -   Life Income Taxes (https://chiefsplanet.com/BB/showthread.php?t=200402)

Gonzo 01-15-2009 02:38 PM

<<<<<<<<<<<<< My little tax deduction. :)

Mr. Plow 01-15-2009 02:40 PM

I hoping to get around $5000-$6000 back again this year. Haven't done mine yet, but having 4 kids helps.

luv 01-15-2009 02:41 PM

Haven't received my W2 yet.

Mark M 01-15-2009 02:41 PM

Oh, one other huge thing for everyone:

NEVER, EVER, FOR ANY REASON, SHOULD ANYONE GET A TAX REFUND ANTICIPATION LOAN!

They are a complete ****ing ripoff, with high rates and fees, and you can get ALL of your refund in just a few weeks anyway (or sooner if you e-file).

So just don't do it.

MM
~~:shake:

phisherman 01-15-2009 02:41 PM

Quote:

Originally Posted by noswad (Post 5394003)
despite claiming Married 0 dependents and hubby getting an extra deduction because he is legally blind, we always have to pay the state around 1 grand...

we usually get back around that amount from feds....

sooooooooooo we get NOTHING usually

sigh


but at least we have good jobs

how the heck is that possible?

CrazyPhuD 01-15-2009 02:50 PM

Quote:

Originally Posted by penguinz (Post 5394019)
It would make more since to try and break even.

Nah you want to owe the government as much as possible without owing fees. Why? Just like when you get a refund back from the government you gave them an interest free loan. When you owe the government money you're getting and interest free loan from the government. If you take that money and put it in something that makes money you make out ahead. This of course depends upon a person being able to manage their finances, but really you want to owe money.

The Franchise 01-15-2009 02:51 PM

Quote:

Originally Posted by CrazyPhuD (Post 5394091)
Nah you want to owe the government as much as possible without owing fees. Why? Just like when you get a refund back from the government you gave them an interest free loan. When you owe the government money you're getting and interest free loan from the government. If you take that money and put it in something that makes money you make out ahead. This of course depends upon a person being able to manage their finances, but really you want to owe money.

Which I'm guessing a lot of people can't and they'd screw this up royally.

ChiTown 01-15-2009 02:54 PM

Money back? Not me.

I just paid my Q4 '08 Estimated Tax Bill that was due today. I hate Government thieves.

Gracie Dean 01-15-2009 02:59 PM

Quote:

Originally Posted by phisherman (Post 5394052)
how the heck is that possible?

its the way Kansas does things...something about how they take out certain things for Federal and not in state ...retirement stuff like that

I understand it, but can't expain it

I hate taxes

ChiTown 01-15-2009 02:59 PM

Quote:

Originally Posted by CrazyPhuD (Post 5394091)
Nah you want to owe the government as much as possible without owing fees. Why? Just like when you get a refund back from the government you gave them an interest free loan. When you owe the government money you're getting and interest free loan from the government. If you take that money and put it in something that makes money you make out ahead. This of course depends upon a person being able to manage their finances, but really you want to owe money.

This

Who's hands do you want your money in for a longer period of time - Yours or the Governments? Seriously, I generally laugh at people that are so excited about getting their refund checks. People act as if the Government is "Giving" them money that is theirs instead of yours. lol

58-4ever 01-15-2009 03:24 PM

getting 3700 back. It's a miracle.

BigMeatballDave 01-15-2009 03:30 PM

I think I get mine tomorrow. I'm looking to get about 1500 back. My GF should get about 3500. I'm calling it "The 50" Plasma and Blu-Ray fund."

El Jefe 01-15-2009 03:44 PM

Quote:

Originally Posted by BigChiefDave (Post 5394320)
I think I get mine tomorrow. I'm looking to get about 1500 back. My GF should get about 3500. I'm calling it "The 50" Plasma and Blu-Ray fund."




ROFL

BWillie 01-15-2009 04:00 PM

How the hell are you going to get back like 5-6 grand? You guys must have crazy deductions. I made 56K last year and from the research I've done already without my W2 and from my last pay check it looks like I'll be getting about $450 or so from federal. I even claim whatever is the most to take out of my paycheck as well, so they should be withholding quite a bit. Granted I have like no deductions because I don't have a house, no kids, no rental property, etc. Only deduction I know of is my student loan interest, which is negligible.

BigMeatballDave 01-15-2009 04:21 PM

Quote:

Originally Posted by BWillie007 (Post 5394487)
How the hell are you going to get back like 5-6 grand? You guys must have crazy deductions. I made 56K last year and from the research I've done already without my W2 and from my last pay check it looks like I'll be getting about $450 or so from federal. I even claim whatever is the most to take out of my paycheck as well, so they should be withholding quite a bit. Granted I have like no deductions because I don't have a house, no kids, no rental property, etc. Only deduction I know of is my student loan interest, which is negligible.

Children.


All times are GMT -6. The time now is 02:17 AM.

Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2025, vBulletin Solutions, Inc.