ChiefsPlanet
Page 7 of 11 « First 3456 7 891011
Show 80 post(s) from this thread on one page

ChiefsPlanet (https://chiefsplanet.com/BB/index.php)
-   Nzoner's Game Room (https://chiefsplanet.com/BB/forumdisplay.php?f=1)
-   -   Money What are you going to do with your tax return money? (https://chiefsplanet.com/BB/showthread.php?t=290525)

mikeyis4dcats. 02-10-2015 06:56 PM
Quote:
Originally Posted by Fire Me Boy! (Post 11321124)
If you contribute through work, just increase your contributions.
how does that retroactively affect 2014 though?

mikeyis4dcats. 02-10-2015 06:57 PM
oh, maybe I misunderstood his post, thought he was suggesting I put money into the 401k to lower my 2014 income.

Fire Me Boy! 02-10-2015 07:06 PM
Quote:
Originally Posted by mikeyis4dcats. (Post 11321133)
how does that retroactively affect 2014 though?
You're too late for 2014. Nothing you can do now.

Fire Me Boy! 02-10-2015 07:06 PM
Quote:
Originally Posted by mikeyis4dcats. (Post 11321135)
oh, maybe I misunderstood his post, thought he was suggesting I put money into the 401k to lower my 2014 income.
No, but if you know it's going to happen again in 2015, you can prepare for it now by increasing your contribution.

mikeyis4dcats. 02-10-2015 07:09 PM
Quote:
Originally Posted by Fire Me Boy! (Post 11321146)
No, but if you know it's going to happen again in 2015, you can prepare for it now by increasing your contribution.
guess I better. I hate how my company does bonuses, they just appear and I didn't have a chance to review anything.

Fire Me Boy! 02-10-2015 07:10 PM
Quote:
Originally Posted by mikeyis4dcats. (Post 11321152)
guess I better. I hate how my company does bonuses, they just appear and I didn't have a chance to review anything.
I like mine. I don't get it until after the new year. Let's me plan all year long for it.

Psyko Tek 02-10-2015 08:33 PM
hopefully pay off the audit I had 3 years ago

Buck 02-10-2015 08:35 PM
I owe $1800

Chiefaholic 02-10-2015 08:50 PM
Just enough for my electric bill and a tank of gas..... Looks like I have to pay a little extra next year or they said I'd have to pay in.

Kidd Lex 02-10-2015 10:45 PM
Quote:
Originally Posted by DiaperBoy27 (Post 11320753)
couldn't you just increase your pre-tax contributions, like 401k or HSA, to get into a lower bracket?
Common misconception. Only the money earned beyond the new tax bracket is taxed at the higher rate. Everything under was taxed at the prior rate. It's called a progressive tax system for this very reason. It's always better to earn more.

Jiu Jitsu Jon 02-10-2015 10:56 PM
I'm going to build my own tadpole wheel. You see, when I was young my grandpa had a wheel with tadpoles nailed to it. He'd spin it around and yell "TADPOLES IS A WINNER! TADPOLES IS A WINNER!" We thought that was kind of strange, but then we had some growing up to do.

'Hamas' Jenkins 02-10-2015 11:07 PM
Pay off credit card debt from medical bills. ****ing awesome, I tell you.

Strongside 02-10-2015 11:12 PM
8 nights in Greece, 4 in Rome. (Return only paid for my flights)

WakkaWakka 02-11-2015 12:07 AM
Not 1 person has said that they're gonna buy Chiefs season tickets LMAO

Hammock Parties 02-11-2015 01:19 AM
Thinking a really high-end escort.


All times are GMT -6. The time now is 08:48 PM.
Page 7 of 11 « First 3456 7 891011
Show 80 post(s) from this thread on one page

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