Federal Tax Returns

• jmog

  bases_loaded;1085888 wrote:I paid $5,100 and still owe $3k, payroll made a mistake apparently on my 20k bonus

  Unless it is the first time you have ever received a bonus, you should have realized the error as soon as you looked at it.
  
  Bonus's are taxed to hell, typically you would only see about 60% of a bonus after taxes (at best).
• justincredible

  

  Automatik;1085896 wrote:Same thing happened to me before I switched to Turbotax.
  
  If you don't have any dependents, property, single, etc. its the best way to go. I'm not sure how much it would cost for a professional to do, but I'm sure its more than TT.
  
  S&L I would suggest running your info on TT and H&R Blocks online system just to check for sure.

  We had a fairly difficult return last year but I did it on either TT or HRBlock's website. It said we owed the $4k. My wife decided that I must have done something wrong so I redid it. Same number. She then decided that we should go to HRBlock and have someone do our taxes for us. So we paid them ~$300 to tell us we owed...$4k. Awesome.
• Laley23

  

  Which TurboTax edition if you are an independant contractor? Ive never used it, but as far as I know the free edition and basic edition only work for a return/refund.
  
  Since I dont have taxes taken out, I always gotta figure out what I owe, and its a pain.
• Commander of Awesome

  

  SportsAndLady;1085893 wrote:Yeah I resigned, was actually losing money out there.

  That explains the weight gain. Depression of having to move back in with the folks would do it.
• jmog

  justincredible;1085908 wrote:We had a fairly difficult return last year but I did it on either TT or HRBlock's website. It said we owed the $4k. My wife decided that I must have done something wrong so I redid it. Same number. She then decided that we should go to HRBlock and have someone do our taxes for us. So we paid them ~$300 to tell us we owed...$4k. Awesome.

  I used to go to HRBlock and will never do it again. TT gets me just as much back (I hope this year, it will be close, might owe something) and I pay what, $35 for TT tops instead of $300 to go to HRBlock.
• justincredible

  

  jmog;1085915 wrote:I used to go to HRBlock and will never do it again. TT gets me just as much back (I hope this year, it will be close, might owe something) and I pay what, $35 for TT tops instead of $300 to go to HRBlock.

  Yeah, we'll never go back. My wife is now confident that I know what I'm doing so I can do them from now on. We had always done it ourselves in previous years but we had a few extra forms and a lot of deductions last year so she wanted to be safe, I guess.
• SportsAndLady

  

  Commander of Awesome;1085913 wrote:That explains the weight gain. Depression of having to move back in with the folks would do it.

  The picture you saw me in was when I was in NJ, working at my job lol idiot
  
  I gained a whopping 4 pounds since I moved out to NJ, so I don't really know what you're talking about lol
  
  I blame the 4 pounds on delicious NJ food
• Skyhook79

  

  SportsAndLady;1085918 wrote:The picture you saw me in was when I was in NJ, working at my job lol idiot
  
  I gained a whopping 4 pounds since I moved out to NJ, so I don't really know what you're talking about lol
  
  I blame the 4 pounds on delicious NJ food

  You would think with all the fap,fap,faping you claim to do the weight gain would be offset.
• SportsAndLady

  

  Skyhook79;1085979 wrote:You would think with all the fap,fap,faping you claim to do the weight gain would be offset.

  You're creepishly obsessed with me
• Skyhook79

  

  SportsAndLady;1085986 wrote:You're creepishly obsessed with me

  .*
• ernest_t_bass

  

  justincredible;1085870 wrote:My wife and I owed $4k last year. Be thankful.

  
  Wtf? Why?
• dwccrew

  

  SportsAndLady;1085858 wrote:Do you have a link to this?
  
  My dad's tax guy did mine for me..and he said this guy is really good; but it just seemed so low for me, I mean it was under 50% of what they took out while I was there.

  Did you get taxes deducted out of the commissions? If not, that could be why you feel your return is low, you owed money on the commissions. I am not close to a tax expert though. Hope this helps.
  

  Belly35;1085882 wrote:Don’t worry about it..</SPAN>
  
  This is what I’m going to do.
  
  I’m going to delay coming up with a plan or filing my taxes for the next 1000 days. Then I’m going to submit a plan that will take 10 years to pay off my taxes in the mean time I’m going to spend more so I have less to pay in the next 10 years . </SPAN>

  Bullshit alert! It'd be cool if you did though. Let us know how that goes if you have the balls to do it.
• SportsAndLady

  

  dwccrew;1085996 wrote:Did you get taxes deducted out of the commissions? If not, that could be why you feel your return is low, you owed money on the commissions. I am not close to a tax expert though. Hope this helps.
  
  
  
  Bullshit alert! It'd be cool if you did though. Let us know how that goes if you have the balls to do it.

  Yeah my commission was taxed
• dwccrew

  

  SportsAndLady;1085998 wrote:Yeah my commission was taxed

  Hmm, then it is just another case of the government fucking you once again. I am hoping just to break even, but I am guessing I'll owe a bit this year. I almost was perfect last year. Owed the federal $19 and got less than $200 back from the state. If I could make it 0, it'd be perfect.
• said_aouita

  

  Also check deductibles. If you have more then one, they are taking out less of each check so come tax time you'll get less back.
• dlazz

  I got about $24k back.
• j_crazy

  

  I'm curious what we get/owe. Got like 1800 last year. I didn't change anything, but we had another kid and tons of medical expenses for his surgery so we might get a lot more back. Which sucks.
• Fly4Fun

  

  ernest_t_bass;1085991 wrote:Wtf? Why?

  From all the $$$ he gets from this gem of a website probably.
• Terry_Tate

  

  Fly4Fun;1086031 wrote:From all the $$$ he gets from this gem of a website probably.

  Damn it, beat me by 2 minutes on making that joke. Nice.
• hasbeen

  

  I get $363 back total! I'm excited because I don't think I've ever gotten that much. I only work in summer and winter so it's badass.
• GoChiefs

  

  pnhasbeen;1086045 wrote:I get $363 back total! I'm excited because I don't think I've ever gotten that much. I only work in summer and winter so it's badass.

  
  We get a whopping $193. Of course, I filed exempt for 4 months last year.
• Midstate01

  

  Owed over 3,000 last year after getting my stock money from
  The company when I left. I owed over 2500 last year. Getting back 5,800 this year. Thank you newborn child!!!!!
• LJ

  

  Quarterly estimated payments crew?
  
  I just adjust my final quarterly payment to make sure my balance is $0.
  
  Except when the IRS was too stupid to figure out that my tax preparer accidently put my estimated payments amount on the "withheld" line rather than the "estimated payments" line. That then doubled my "account" with the IRS, causing them to send me a refund in the total amount that I had paid in. Then rejected the amount when I sent it back FIVE FUCKING TIMES. Then they decided, after finally understanding what happened, that I owed late fees and interest.
  
  Fucking morons.
  
  /rant
• Ironman92

  

  My wife and I got back $3800 in federal....hope this helps
• ernest_t_bass

  

  $6,600 federal. About $550 bt Ohio and Indiana. About $175 SD.