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Author
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Topic: TAX Season..........
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98slowhoe 'FIFTYLX'
Uncle Frank
Member # 895
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posted
 
 
Well here we go again. So what is the damage or Goods for some of you guys? This will be my first year not getting anything back. This is also my first full year of owning a business. Kinda Pissed but oh well. I am 2K short in my Pocket this time around.
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AKA Franky Freaking 5 liter
Advanced Engine Development
SCT dealer
Dynotuning
Engine building
916*275*8212
88 4runner on 42's
Posts: 4206 | From: Folsom | Registered: Feb 2002
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PurpleNotch
CAFords OG
Member # 2902
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posted
i came out okay this year im up about 900$ ![[patriot]](graemlins/patriot.gif) but still sad about my girl ![[Frown]](frown.gif)
Posts: 3177 | From: Bay area | Registered: Jun 2003
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JohnB
Tech Moderator
Member # 969
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posted
I'm up about $2300. Gotta love havin' a kid!
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1965 Shelby Cobra
1993 Cobra
2012 F150 Raptor
2020 GT500
Posts: 6523 | From: Orlando FL/Redding CA | Registered: Mar 2002
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FasterDamnit
Bad Attitude
Member # 442
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posted
quote:
Originally posted by JohnB:
I'm up about $2300. Gotta love havin' a kid!
Go have 6 or 7 more and you can really make out! ![[Eek!]](eek.gif)
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'92 LX T5
Looked stock, went 11's 11.90 at 115mph.
'65 Mustang 347
www.fordmuscle.com
Livin' in the Carolina Pines
Posts: 2971 | From: NorCal | Registered: Sep 2001
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Gnari-Garage
CAFords OG
Member # 3164
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posted
I got about 1100 back.....
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2017 McLaren 570GT
2019 Audi S5
2017 Tundra 7" Lift, 37" Tires
Posts: 4017 | From: 916-sacramento | Registered: Aug 2003
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N8
¯
Member # 6048
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posted
No love for the 1099 folks. I own a company so I always owe. My wife came up big though. like 3k.
Posts: 11638 | Registered: Sep 2005
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98slowhoe 'FIFTYLX'
Uncle Frank
Member # 895
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posted
quote:
Originally posted by JohnB:
I'm up about $2300. Gotta love havin' a kid!
Yeah I have no Kids, Not married, and not a home owner Yet. So I get HOSED really bad.
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AKA Franky Freaking 5 liter
Advanced Engine Development
SCT dealer
Dynotuning
Engine building
916*275*8212
88 4runner on 42's
Posts: 4206 | From: Folsom | Registered: Feb 2002
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jaybquick
¯
Member # 4286
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posted
You don't even want me to get started on this Rant.
I am cutting them a check for $25,000. While I am writing the check I can't help but think about the wellfare recipients and others. ![[Mad]](mad.gif)
Got to love the Real Estate Biz.
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91 Mustang GT ET: 11.92@115
66 Mustang ET: 11.43@119
01 Audi S4 ET: 10.8@131
05 Audi S4 ET: 11.9@116
08 Audi S5 ET: 11.9@118
Posts: 416 | From: Lathrop | Registered: Mar 2004
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Yellow94GT
Mr. 60 FT
Member # 431
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posted
Home owner here. I'll be getting all my taxes back. Don't really care to share how much that is however ![[Wink]](wink.gif)
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AED
1994 GT Bucket that will likely never run
1999 SLOLEEN Twin Turbo Coyote
2008 F250 580 RWHP 1129 RWTQ
Posts: 5990 | From: Cameron Park, Ca | Registered: Sep 2001
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slidewayz94
CAFords OG
Member # 3101
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posted
came up on 3 g's ![[Big Grin]](biggrin.gif) and my tax guy told me i need to keep track of my more work related stuff to write off next year.
Posts: 4251 | From: Sac | Registered: Jul 2003
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98slowhoe 'FIFTYLX'
Uncle Frank
Member # 895
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posted
quote:
Originally posted by jaybquick:
You don't even want me to get started on this Rant.
I am cutting them a check for $25,000. While I am writing the check I can't help but think about the wellfare recipients and others.
Got to love the Real Estate Biz.
That sucks. My Tax guy has me doing quarterly payments now of 1000 each. I will be making more money this year. I was pissed at first then he reminded me that I was only paying 2k on gross earning of over 400k. That calmed me down a little.
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AKA Franky Freaking 5 liter
Advanced Engine Development
SCT dealer
Dynotuning
Engine building
916*275*8212
88 4runner on 42's
Posts: 4206 | From: Folsom | Registered: Feb 2002
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jaybquick
¯
Member # 4286
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posted
quote:
Originally posted by 98slowhoe 'FIFTYLX':
quote:
Originally posted by jaybquick:
You don't even want me to get started on this Rant.
I am cutting them a check for $25,000. While I am writing the check I can't help but think about the wellfare recipients and others.
Got to love the Real Estate Biz.
That sucks. My Tax guy has me doing quarterly payments now of 1000 each. I will be making more money this year. I was pissed at first then he reminded me that I was only paying 2k on gross earning of over 400k. That calmed me down a little.
I would have done the quarterlys but last year was a recovery year from a divorce so I needed every penny. This year I will pay the quarterlys
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91 Mustang GT ET: 11.92@115
66 Mustang ET: 11.43@119
01 Audi S4 ET: 10.8@131
05 Audi S4 ET: 11.9@116
08 Audi S5 ET: 11.9@118
Posts: 416 | From: Lathrop | Registered: Mar 2004
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ALLEYEZONMYCOBRA'SQUEEN
¯
Member # 5423
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posted
[ April 03, 2006, 05:26 PM: Message edited by: ALLEYEZONMYCOBRA'SQUEEN ]
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THE ONE AND ONLY QUEEN
WHY BE A PRINCESS?
WHEN YOU CAN BE A QUEEN!!!!
Posts: 52 | From: CALI | Registered: Mar 2005
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ALLEYEZONMYCOBRA'SQUEEN
¯
Member # 5423
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posted
I got some back and I'm going shopping.....
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THE ONE AND ONLY QUEEN
WHY BE A PRINCESS?
WHEN YOU CAN BE A QUEEN!!!!
Posts: 52 | From: CALI | Registered: Mar 2005
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Wildfire532FB
CAFords OG
Member # 1482
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posted
i think i get 12 dollars back from the state and owe 24 dollars to the feds
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./_ _ _ ___ __\
(]]]_ _ o _ _[[[)
|\_o_ __ __o_/|
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68 Fastback
84 CJ7
94 HMMWV
95 GT
03 F350
17 Fusion Hybrid
Posts: 17580 | From: 530 | Registered: Jun 2002
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88DroptopGT
¯
Member # 2535
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posted
I'm expecting $750 back but I haven't gotten it yet. ![[Cool]](cool.gif)
Goes into the TKO fund.
Posts: 3978 | From: 707 | Registered: Mar 2003
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98slowhoe 'FIFTYLX'
Uncle Frank
Member # 895
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posted
quote:
Originally posted by Cobra5.0Jeep:
i think i get 12 dollars back from the state and owe 24 dollars to the feds
Breaking the Bank on that one!
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AKA Franky Freaking 5 liter
Advanced Engine Development
SCT dealer
Dynotuning
Engine building
916*275*8212
88 4runner on 42's
Posts: 4206 | From: Folsom | Registered: Feb 2002
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Stevo
¯
Member # 972
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posted
I got $1900 back total......
$300 went to a new aviation headset
$400 went to 2 flying lessons
$450 went to groceries
The rest went to tools for my airplane build!
Posts: 1072 | From: Conroe, TX | Registered: Mar 2002
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sharkattack
¯
Member # 645
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posted
Getting back 8K and it's already spent
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1965 Fastback
03 Cobra with some stuff
Posts: 935 | From: Oakley Ca | Registered: Dec 2001
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svt306snake
¯
Member # 1967
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posted
quote:
Originally posted by 98slowhoe 'FIFTYLX':
quote:
Originally posted by JohnB:
I'm up about $2300. Gotta love havin' a kid!
Yeah I have no Kids, Not married, and not a home owner Yet. So I get HOSED really bad.
all three are check check and check = chaaaaaaa ching the only time i like the irs
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F*** TPS MOTORSPORTS F *** TPS MOTORSPORTS THEY SUCK ASS
TEAM TRUE FORGED X 2 SPONSORED
CAPITAL MUSTANG C.C.
Posts: 5841 | From: SACRAMENTO "916" YA KNOW | Registered: Oct 2002
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hidnn.o.s.
¯
Member # 1219
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posted
quote:
Originally posted by sharkattack:
Getting back 8K and it's already spent
LMFAO, You are happy about being out that 8k divided by the 12 months ![[Confused]](confused.gif)
I find it a RIOT when people are happy/brag about getting large sums back at the end of the year.
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R.I.P. Willie G. You are missed on this forum
Posts: 15950 | Registered: Apr 2002
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sharkattack
¯
Member # 645
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posted
quote:
Originally posted by hidnn.o.s.:
quote:
Originally posted by sharkattack:
Getting back 8K and it's already spent
LMFAO, You are happy about being out that 8k divided by the 12 months
I find it a RIOT when people are happy/brag about getting large sums back at the end of the year.
No, I am happy that I have a great tax guy. I could certainly change my with-holding and pay less but I'm doing just fine. Besides, I didn't pay as much as you think I did. Helps to have the write offs. Thanks for your concern though.
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1965 Fastback
03 Cobra with some stuff
Posts: 935 | From: Oakley Ca | Registered: Dec 2001
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5OHS5OH
¯
Member # 4665
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posted
quote:
LMFAO, You are happy about being out that 8k divided by the 12 months
Why would you find it funny ?
16g's for me by the way. I treat it like a goverment sponsored savings account.
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89 Convertable GT
BBK Headers, cai
Posts: 1044 | From: San Bruno | Registered: Jul 2004
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hidnn.o.s.
¯
Member # 1219
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posted
quote:
Originally posted by 5OHS5OH:
quote:
LMFAO, You are happy about being out that 8k divided by the 12 months
Why would you find it funny ?
16g's for me by the way. I treat it like a goverment sponsored savings account.
LMFAO, YOUR SAVNGS ACCOUNT
So you make the interest off that right? LMFAO
Shark knows what I'm getting at
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R.I.P. Willie G. You are missed on this forum
Posts: 15950 | Registered: Apr 2002
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sharkattack
¯
Member # 645
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posted
quote:
Originally posted by hidnn.o.s.:
quote:
Originally posted by 5OHS5OH:
quote:
LMFAO, You are happy about being out that 8k divided by the 12 months
Why would you find it funny ?
16g's for me by the way. I treat it like a goverment sponsored savings account.
LMFAO, YOUR SAVNGS ACCOUNT
So you make the interest off that right? LMFAO
Shark knows what I'm getting at
I know exactly what your getting at. Better to have it up front to invest and collect on the money. In my case, not enough to be concerned about.
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1965 Fastback
03 Cobra with some stuff
Posts: 935 | From: Oakley Ca | Registered: Dec 2001
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