This is topic TAX Season.......... in forum General Talk at Northern California Ford Owners  .


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Posted by 98slowhoe 'FIFTYLX' (Member # 895) on :
 
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.
 
Posted by PurpleNotch (Member # 2902) on :
 
i came out okay this year im up about 900$ [patriot] but still sad about my girl [Frown]
 
Posted by JohnB (Member # 969) on :
 
I'm up about $2300. Gotta love havin' a kid!
 
Posted by FasterDamnit (Member # 442) on :
 
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!]
 
Posted by NavidR (Member # 3164) on :
 
I got about 1100 back.....
 
Posted by n8y8 (Member # 6048) on :
 
No love for the 1099 folks. I own a company so I always owe. My wife came up big though. like 3k.
 
Posted by 98slowhoe 'FIFTYLX' (Member # 895) on :
 
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.
 
Posted by jaybquick (Member # 4286) on :
 
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]

Got to love the Real Estate Biz.
 
Posted by Yellow94GT (Member # 431) on :
 
Home owner here. I'll be getting all my taxes back. Don't really care to share how much that is however [Wink]
 
Posted by slidewayz94 (Member # 3101) on :
 
came up on 3 g's [Big Grin] and my tax guy told me i need to keep track of my more work related stuff to write off next year.
 
Posted by 98slowhoe 'FIFTYLX' (Member # 895) on :
 
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. [Mad]

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.
 
Posted by jaybquick (Member # 4286) on :
 
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. [Mad]

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
 
Posted by ALLEYEZONMYCOBRA'SQUEEN (Member # 5423) on :
 


[ April 03, 2006, 05:26 PM: Message edited by: ALLEYEZONMYCOBRA'SQUEEN ]
 
Posted by ALLEYEZONMYCOBRA'SQUEEN (Member # 5423) on :
 
I got some back and I'm going shopping.....
 
Posted by Cobra5.0Jeep (Member # 1482) on :
 
i think i get 12 dollars back from the state and owe 24 dollars to the feds [Frown]
 
Posted by 88DroptopGT (Member # 2535) on :
 
I'm expecting $750 back but I haven't gotten it yet. [Cool]

Goes into the TKO fund.
 
Posted by 98slowhoe 'FIFTYLX' (Member # 895) on :
 
quote:
Originally posted by Cobra5.0Jeep:
i think i get 12 dollars back from the state and owe 24 dollars to the feds [Frown]
Breaking the Bank on that one!
 
Posted by Stevo (Member # 972) on :
 
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!
 
Posted by sharkattack (Member # 645) on :
 
Getting back 8K and it's already spent
 
Posted by svt306snake (Member # 1967) on :
 
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
 
Posted by hidnn.o.s. (Member # 1219) on :
 
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]

I find it a RIOT when people are happy/brag about getting large sums back at the end of the year.
 
Posted by sharkattack (Member # 645) on :
 
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 [Confused]

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.
 
Posted by 5OHS5OH (Member # 4665) on :
 
quote:
LMFAO, You are happy about being out that 8k divided by the 12 months
[Confused] Why would you find it funny ?

16g's for me by the way. I treat it like a goverment sponsored savings account.
 
Posted by hidnn.o.s. (Member # 1219) on :
 
quote:
Originally posted by 5OHS5OH:
quote:
LMFAO, You are happy about being out that 8k divided by the 12 months
[Confused] 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 [Confused]

So you make the interest off that right? LMFAO

Shark knows what I'm getting at
 
Posted by sharkattack (Member # 645) on :
 
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
[Confused] 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 [Confused]

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.
 
Posted by hidnn.o.s. (Member # 1219) on :
 
quote:
Originally posted by sharkattack:
I know exactly what your getting at. Better to have it up front to invest and collect on the money.
OMG, SOMEBODY GETS IT [Eek!]

[patriot]

[ April 04, 2006, 01:52 PM: Message edited by: hidnn.o.s. ]
 
Posted by Cobra5.0Jeep (Member # 1482) on :
 
quote:
Originally posted by 98slowhoe 'FIFTYLX':
quote:
Originally posted by Cobra5.0Jeep:
i think i get 12 dollars back from the state and owe 24 dollars to the feds [Frown]
Breaking the Bank on that one!
Yep i am poor now [Frown] [Razz]
 
Posted by castor (Member # 2765) on :
 
Got just enough back to pay for property tax...due last month, I believe. [patriot]

[ April 04, 2006, 02:41 PM: Message edited by: castor ]
 
Posted by 5OHS5OH (Member # 4665) on :
 
quote:
LMFAO, YOUR SAVNGS ACCOUNT
I know me, and I know my habits. I would not be able to save the dough all year. Something always comes up between the kids, the house etc. This way, I can count on a chunk at the end of the year. And like Shark says, it pays to have a great tax person. I didn't pay all that much either.
 
Posted by hidnn.o.s. (Member # 1219) on :
 
quote:
Originally posted by 5OHS5OH:
quote:
LMFAO, YOUR SAVNGS ACCOUNT
I know me, and I know my habits. I would not be able to save the dough all year. Something always comes up between the kids, the house etc. This way, I can count on a chunk at the end of the year. And like Shark says, it pays to have a great tax person. I didn't pay all that much either.
LMFAO, BRILLIANT [patriot]
 
Posted by J24I (Member # 2598) on :
 
350 for me [Cool]
 
Posted by 5OHS5OH (Member # 4665) on :
 
quote:
quote:
--------------------------------------------------------------------------------
Originally posted by 5OHS5OH:

quote:
--------------------------------------------------------------------------------
LMFAO, YOUR SAVNGS ACCOUNT
--------------------------------------------------------------------------------

I know me, and I know my habits. I would not be able to save the dough all year. Something always comes up between the kids, the house etc. This way, I can count on a chunk at the end of the year. And like Shark says, it pays to have a great tax person. I didn't pay all that much either.
--------------------------------------------------------------------------------

LMFAO, BRILLIANT
Thanks, I take care of my house and kids, everyone's Roth gets a contribution every year, my pre-tax defered comp account is healthy and it's got 23 more years to grow and I'll retire at at least 90% of my income. Pretty brillant huh ?
 
Posted by hidnn.o.s. (Member # 1219) on :
 
quote:
Originally posted by 5OHS5OH:
quote:
quote:
--------------------------------------------------------------------------------
Originally posted by 5OHS5OH:

quote:
--------------------------------------------------------------------------------
LMFAO, YOUR SAVNGS ACCOUNT
--------------------------------------------------------------------------------

I know me, and I know my habits. I would not be able to save the dough all year. Something always comes up between the kids, the house etc. This way, I can count on a chunk at the end of the year. And like Shark says, it pays to have a great tax person. I didn't pay all that much either.
--------------------------------------------------------------------------------

LMFAO, BRILLIANT
Thanks, I take care of my house and kids, everyone's Roth gets a contribution every year, my pre-tax defered comp account is healthy and it's got 23 more years to grow and I'll retire at at least 90% of my income. Pretty brillant huh ?
The fact that you are getting back what you claim to be getting back and the fact that you have to itemize your life out tells me enough, BRILLIANT [patriot]

Edit: WTF do you care what I think about you being the kind of person that needs the state to hold money as a yearly account because you cannot hold it yourself OR use that money to earn interest on OR use that money monthly to make more money with, WTF do you care what I think [Confused]

Some people need a "crutch" and some do not, no worries.

[ April 05, 2006, 06:33 PM: Message edited by: hidnn.o.s. ]
 
Posted by 5OHS5OH (Member # 4665) on :
 
quote:
LMFAO, YOUR SAVNGS ACCOUNT
You apparently do care, you laughed your ass off which tells me it had an effect on you in some way shape or form.
 
Posted by hidnn.o.s. (Member # 1219) on :
 
quote:
Originally posted by 5OHS5OH:
quote:
LMFAO, YOUR SAVNGS ACCOUNT
You apparently do care, you laughed your ass off which tells me it had an effect on you in some way shape or form.
I said "wtf do "you" care what I think?"

Be proud of your "savings" account [Wink]
 
Posted by 5OHS5OH (Member # 4665) on :
 
I am, 16g's [Whoo Whooooo!] I do need the crutch, it took me a long time to realize, I'd be a homeless poor bastard without it.

But to all the others, I do remember the days not 8 years ago when I was happy to get my 300 back. Get that house or condo or whatever people.

[ April 05, 2006, 07:03 PM: Message edited by: 5OHS5OH ]
 
Posted by hidnn.o.s. (Member # 1219) on :
 
quote:
Originally posted by 5OHS5OH:
I do remember the days not 8 years ago when I was happy to get my 300 back.
So at one point you did it "right."

[Wink]
 
Posted by 5OHS5OH (Member # 4665) on :
 
Yeah, "right" for me. I'll never know all the tricks. I have a few friends that have real dough and it seems like a full time job to manage it and keep on top of things. For the people on here paying quarterly, I know they are the ones with the loot. It never makes sense to me that the goverment says, "Hey you, you make so much god damn money, we want you to pay more because you pay the most already." Jesus, my friend got a letter from the government that basically said, Mr. So&SO, you owe us a penalty because you owe us too much. wtf? How many section 8 welfare, non-working, government tit-sucking people do we have to support in this country ? Sorry, rant off.
 
Posted by hidnn.o.s. (Member # 1219) on :
 
No worries man, best of luck [patriot]
 
Posted by cdog301 (Member # 5136) on :
 
$9,000 FED, Real estste man those schedule E's really help
$1500.00 from the state
 
Posted by cdog301 (Member # 5136) on :
 
$9,000 FED, Real estste man those schedule E's really help
$1500.00 from the state
 




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