Thread: Life Income Taxes
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Old 01-15-2009, 04:24 PM   #11
Mr. Plow Mr. Plow is offline
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Join Date: Dec 2005
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Quote:
Originally Posted by BWillie007 View Post
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.
4 kids, mortgage interest, etc.

I'm hoping I will get that much back this year, but not sure because I think we are going to fall into a higher tax bracket.
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