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Old 01-15-2009, 02:13 PM  
Lono Lono is offline
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Income Taxes
Wife and I both got our W-2's today. Getting $5001 back, not too shabby. Can finally pay the old lady's Trailblazer off. Anyone else got their's done yet?
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Old 01-15-2009, 02:38 PM   #16
Gonzo Gonzo is offline
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I loved the guy on top of the pole starting at around 3:15.
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Old 01-15-2009, 02:40 PM   #17
Mr. Plow Mr. Plow is offline
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I hoping to get around $5000-$6000 back again this year. Haven't done mine yet, but having 4 kids helps.
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Old 01-15-2009, 02:41 PM   #18
luv luv is offline
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Haven't received my W2 yet.
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Old 01-15-2009, 02:41 PM   #19
Mark M Mark M is offline
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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
~~
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Old 01-15-2009, 02:41 PM   #20
phisherman phisherman is offline
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Quote:
Originally Posted by noswad View Post
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?
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Old 01-15-2009, 02:50 PM   #21
CrazyPhuD CrazyPhuD is offline
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Originally Posted by penguinz View Post
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.
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Old 01-15-2009, 02:51 PM   #22
The Franchise The Franchise is offline
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Originally Posted by CrazyPhuD View Post
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.
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Old 01-15-2009, 02:54 PM   #23
ChiTown ChiTown is offline
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Money back? Not me.

I just paid my Q4 '08 Estimated Tax Bill that was due today. I hate Government thieves.
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Old 01-15-2009, 02:59 PM   #24
Gracie Dean Gracie Dean is offline
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Originally Posted by phisherman View Post
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
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Old 01-15-2009, 02:59 PM   #25
ChiTown ChiTown is offline
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Quote:
Originally Posted by CrazyPhuD View Post
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
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Old 01-15-2009, 03:24 PM   #26
58-4ever 58-4ever is offline
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getting 3700 back. It's a miracle.
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Old 01-15-2009, 03:30 PM   #27
BigMeatballDave BigMeatballDave is offline
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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."
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Old 01-15-2009, 03:44 PM   #28
El Jefe El Jefe is offline
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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."



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Old 01-15-2009, 04:00 PM   #29
BWillie BWillie is offline
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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.
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Old 01-15-2009, 04:21 PM   #30
BigMeatballDave BigMeatballDave is offline
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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.
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