Author Topic: Tax Man  (Read 5984 times)

RatBastard

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Tax Man
« on: January 18, 2014, 02:55:44 pm »
Just got my tax returns completed for this year.  My refund is down a little bit form last year but still a nice little bonus...

Federal: $1,398
State: $621
FUKIT

atomic

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Re: Tax Man
« Reply #1 on: January 18, 2014, 03:17:33 pm »
Just got my tax returns completed for this year.  My refund is down a little bit form last year but still a nice little bonus...

Federal: $1,398
State: $621

This tells us nothing.  Tell us how much you made and how much total taxes you paid.

RatBastard

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Re: Tax Man
« Reply #2 on: January 18, 2014, 05:12:44 pm »
$1 / 5¢
FUKIT

grateful

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Re: Tax Man
« Reply #3 on: January 18, 2014, 05:31:10 pm »

RatBastard

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Re: Tax Man
« Reply #4 on: January 18, 2014, 06:05:45 pm »
FUKIT

grateful

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Re: Tax Man
« Reply #5 on: January 18, 2014, 06:18:52 pm »

RatBastard

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Re: Tax Man
« Reply #6 on: January 18, 2014, 06:32:37 pm »
$1 / 5¢

You're doing it wrong.


That's just the part I reported.


Cool, thanks.  I'll let my co-workers know.


Thank you...  My SSN is 123-45-6789 and my birthday is Septober 34th 3108.
FUKIT

StoneTheCrow

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Re: Tax Man
« Reply #7 on: January 18, 2014, 08:43:25 pm »
Last year may have been our best ever. Maybe $600 in returns. Would like to widdle that down just a bit lower.

RatBastard

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Re: Tax Man
« Reply #8 on: January 18, 2014, 08:46:50 pm »
Last year may have been our best ever. Maybe $600 in returns. Would like to widdle that down just a bit lower.


I am going to adjust our W-4 situation here.  The optimal tax situation from a financial point of view is, of course, to owe as close to the maximum that you can without having to pay a penalty.  Plan for the tax liability each April and invest an equivalent amount as early in the year as possible...
FUKIT

atomic

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Re: Tax Man
« Reply #9 on: January 18, 2014, 09:47:23 pm »
Last year may have been our best ever. Maybe $600 in returns. Would like to widdle that down just a bit lower.


I am going to adjust our W-4 situation here.  The optimal tax situation from a financial point of view is, of course, to owe as close to the maximum that you can without having to pay a penalty.  Plan for the tax liability each April and invest an equivalent amount as early in the year as possible...


With Savings accounts returning .01 percent annual interest and US savings bonds returning next to nothing I wouldn't worry so much about the small amount of money you are talking about.  I got back 4000 dollars last year but I am expecting less this year.   I have had to pay 5000 dollars before and let me tell you I prefer getting money back.

sweetcell

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Re: Tax Man
« Reply #10 on: January 18, 2014, 10:18:54 pm »
i come to 930.com for the financial advice.
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Julian, White Poet WARLORD

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Re: Tax Man
« Reply #11 on: January 18, 2014, 10:20:31 pm »
i come to 930.com for the financial advice.
ratBastard is actually quite spot on.
LVMH

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Re: Tax Man
« Reply #12 on: January 18, 2014, 10:23:38 pm »

RatBastard

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Re: Tax Man
« Reply #13 on: January 18, 2014, 10:42:38 pm »
i come to 930.com for the financial advice.
ratBastard is actually quite spot on.


Rat Bastard has a degree in accounting and is a CPA.
FUKIT

Yada

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Re: Tax Man
« Reply #14 on: January 18, 2014, 11:13:27 pm »