Refund!

[MannyIsGod]

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[Johnny_Blaze_47]

What the hell are you talking about?

[MannyIsGod]

A refund, obviously!

[Das Texan]

it it from the federal gummit?

[MannyIsGod]

indeed!

[Johnny_Blaze_47]

A refund, obviously!

I thought maybe the pizza guy gave back your money for the incident a few weeks back.

I just need my 1099 and I can do my taxes.

[MannyIsGod]

They pay you as a contractor? Thats a bitch, do you usually end up having to pay?

[Das Texan]

i need whatever it is that sallie may sends you...


everythign else i have, i know exactly what i'm getting, i just cant send the fucking thing off yet.


show me the fucking money damnit!

and i amended last year's for a big ole whopping 27 bucks.

thats good for a couple cases of beer though, or something fun.

[Marklar MM]

We were audited...for like 7 grand. :(

[Johnny_Blaze_47]

They pay you as a contractor? Thats a bitch, do you usually end up having to pay?

Maybe I have the wrong number...I'm talking about the form that says how much I've paid for school.

Now that you mention it, I actually did have a 1099 for contracted work last year and it indeed, was a bitch.

[MannyIsGod]

Damn, being audited must suck.

[MannyIsGod]

Yeah, when I was in sales I got a 1099 of all my commisions at the end of the year. Not fun man, not fun. Thats the onlyt ime I've had to hire an accoutant. But they were well worth it.

[Marklar MM]

Damn, being audited must suck.


LOL...The parents were. Can't say I know the feeling. But when they give so much cash to the gov, it just sucks. To my understanding, they tried to get as many write-offs as possible. Obviously, the IRS begs to differ with the amount they wrote off.

[Das Texan]

Maybe I have the wrong number...I'm talking about the form that says how much I've paid for school.

Now that you mention it, I actually did have a 1099 for contracted work last year and it indeed, was a bitch.


thats the same form i need i think.

err mine is the one that says how much i paid in interest for my student loan this year.

that and my form from the credit union showing how much i earned in interest.

granted i know exactly how much its going to be, but thats another story.

[spurschick]

:depressed I can't remember the last time I got a refund. I always have to pay.

[CharlieMac]

I hope the IRS site has a free link to Tuirbo Tax again this year.

[AlamoSpursFan]

I changed my withholding and I still got $1144 back.

Damn that Bush administration for cutting my taxes! DAMN THEM!

:lol

[Guru of Nothing]

:depressed I can't remember the last time I got a refund. I always have to pay.

Same here. I usually owe between $100 and $200 every year, and quite frankly I would not have it any other way. :elephant

[hussker]

:depressed I can't remember the last time I got a refund. I always have to pay.


Which means you actually MADE $$ in the long run...Good for you!

[2Blonde]

I changed my withholding and I still got $1144 back.

Damn that Bush administration for cutting my taxes! DAMN THEM!

:lol
I'm not sure what you're laughing about. You just loaned the government $1144 of your hard earned money interest free for one year. They should be the ones laughing.
:lmao

[Shelly]

Ya...I don't know why people are happy about refunds.

We'll owe as usual.

[Guru of Nothing]

Intaxication: Euphoria at getting a tax refund, which lasts until you realize it was your money to start with.

[Shelly]

Intaxication: Euphoria at getting a tax refund, which lasts until you realize it was your money to start with.

:lmao

Good one!

[CharlieMac]

Half empty/half full. I like thinking about how great it is to get your money back.

[scott]

I hope the $894 I lent to the Gov't last year was used for crack and lapdances for senators.

[Aggie Hoopsfan]

I'm going to have to do some work on my withholdings for 2006. I'm getting about $800 back. Fucking A.

[MannyIsGod]

Actually, most of my refund is EIC. It isn't from my withholdings.

[Shelly]

I think our accountant said we're gonna owe around $3500 this year! Awesome!

[ShoogarBear]

A five-hour old thread on taxes and no T Park?

[CharlieMac]

Actually, most of my refund is EIC. It isn't from my withholdings.

I won't qualify for that this year. Since the marriage, Jess is the breadwinner now and throws me way over the 12,000 limit. I have no idea what to expect this year with the carryover I have from 2004, school loans, a marriage credit, and some type of relief for new homeowners. I hate having my taxes prepared for 40 bucks or whatever the ridiculous fee is but it's getting tricky now. I'll probably just use Turbo Tax again and if it doesn't look right, i'll take it somewhere.

How about these people that pay 200 bucks so that they can get their 1000 dollar refund back in 2 days. That makes no sense.

[CharlieMac]

I think our accountant said we're gonna owe around $3500 this year! Awesome!

Man, my mom retired last year and took a large chunk of her retirement to pay off her bills. She was then rehired by the school district for a much higher paying job a month later. She's gonna owe some major cash this year.

[Shelly]

The one that cracked me up was for some tax service that gives you a scratch off card. If you win, they double your refund. They don't tell you that you'll get taxed on your winnings.

[MannyIsGod]

I had never qualified for EIC before. But I guess with working for non profits for almost nothing and being a full time student finally put me under 12k taxable income. I was happy :)

[ShoogarBear]

I used to owe every year when I was renting, before I bought a home. Paying the quarterly estimated taxes was a pain.

[MannyIsGod]

Oh, the services that offer that are horrible. They are super high interest loans and the people constantly go for them.

[scott]

Get a fucking job Manny - shitfaced freeloader.

[Shelly]

Manny spends all his money on booze for Jekka.

[scott]

Is income from panhandling considered taxable?

[CharlieMac]

I had never qualified for EIC before. But I guess with working for non profits for almost nothing and being a full time student finally put me under 12k taxable income. I was happy :)

I'm not sure if you're pulling out loans for school, but don't forget to use that W-2.

[Shelly]

Sheyit...I wish we could write off my husband's student loans.

[CharlieMac]

Sheyit...I wish we could write off my husband's student loans.

You can't? I figured the interest was okay to use once you're done with school.

[ShoogarBear]

I was in graduate school when they first changed the rules to start taxing TAs/RAs. There was a lot of opposition to it at the time, and the schools didn't withhold and basically said they weren't going to volunteer the information to the Govt; they'd have to come look for it. So for at least a few years in the 80s very few grad students were actually paying their taxes.

[ShoogarBear]

You can't? I figured the interest was okay to use once you're done with school.I think it may depend on the kind of loan, but most student loan interest should be deductible.

[Shelly]

You can't? I figured the interest was okay to use once you're done with school.

Not if you make over a certain income.

[MannyIsGod]

Where do you think think the refund is going? Jess already claimed it for booze.

[Jekka]

Where do you think think the refund is going? Jess already claimed it for booze.

That's right, bitch - I'm just making sure you have your priorities straight.

[Shelly]

That's right, bitch - I'm just making sure you have your priorities straight.

Make sure he splurges by buying Schlitz!

[CharlieMac]

Where do you think think the refund is going? Jess already claimed it for booze.

One of my closest friends is a manager at a certain liqour store in the SAC/Trinity area. He gets so many bottles of wine and liquor from vendors as gifts and gives them to me. Well, not the wine, he's a huge wine snob, I really wouldn't touch it either way, but it's pretty great always having free vodka and rum in the house. I'm not talking cheap shit like Skol, Bacardi or Cuervo either.

I have to use my refund for new carpet in the house. Good times.

[MannyIsGod]

Rainbow Spirits?

[CharlieMac]

Not if you make over a certain income.

Lame.

Which reminds me, I should probably look into consolidating my school loans soon.

[Guru of Nothing]

"You are pretty cute. I bet I can drink you under the table." [/How Manny Met Jekka]

[Shelly]

Lame.

Which reminds me, I should probably look into consolidating my school loans soon.

Yeah, that's a good thing to do. His are all consolidated except for one, I think.

[midgetonadonkey]

I haven't even gotten my fucking w2 yet. Bastards at TAMUCC taking their damn time sending them out.

[Das Texan]

i have the smallest amount of withholdings and i still get over 1k back.

good thing i work for myself now and will just pay those fuckers next year whatever i owe them.

[SpursWoman]

Yeah, there's nothing better than determining that you owe a couple of thousand because this year you made an extra $1,000 in overtime which reduced your EIC by about $2,500. Cuz everyone is rich and can handle that much additional debt.

:wtf

[exstatic]

I had no idea what to expect this year. I had only 7 months of income, but paid a full year's mortgage interest and taxes, and had a chunk taken out for med flex spend. I got everything (W-2, mortgage/tax statement, interest statements) Friday and Saturday, fired up Turbo Tax and... huge refund.

I can use the cash, but damn, I'm going to have to adjust the withholding.

[SpursWoman]

Me, too ... almost exactly. I didn't work the first 3 months of the year, inherited a house which I refinanced w/an equity loan....so I paid off all of my student loans (all interest deductable) and spent a fortune so far in home improvements (add'l sales tax deductions) Add all the interest & property taxes...plus daycare & the child tax credit, I got an enormous return.

For more home improvements to my Money Pit.

:spin

[ObiwanGinobili]

i still need the password for net-fidelity to import the new employers w-2 info to turbo tax. but hte estimate so far is $4800 return.... which is great sine i only loaned the gov. $1700. :lol

[SpursWoman]

i still need the password for net-fidelity to import the new employers w-2 info to turbo tax. but hte estimate so far is $4800 return.... which is great sine i only loaned the gov. $1700. :lol


No shit ... I got almost 2 times back what I paid in. I've yet to find any kind of financial institution that offers that rate of return. I felt like a loan shark. :lol

[Ginofan]

Chang's on Manny again?

I'm satisfied with my 762 I'll get back, I'm just dreading the first year I'll have to pay...I know it's comming I can feel it.

[ZStomp]

I just got my taxes done on www.taxact.com :tu

[katyon6th]

What happened to telefile!!!!!!!!

[SpursWoman]

What happened to telefile!!!!!!!!

FWIW, Turbotax.com is super-easy, and it only costs $19.95 to file electronically...you don't even have to buy the software.

[katyon6th]

FWIW, Turbotax.com is super-easy, and it only costs $19.95 to file electronically...you don't even have to buy the software.

Shiiiiit, $19.95? I qualified to file on turbotax for free! Thanks to making less than $50,000/yr.

Thanks for the info, though. :)

[Mixability]

Intaxication: Euphoria at getting a tax refund, which lasts until you realize it was your money to start with.

:tu

I like to come up even.

[SpursWoman]

Well, shit, then. More reason to use it. :lol

[SpursWoman]

:tu

I like to come up even.


That's the best way to go ... but since estimating is not an exact science, I'd rather err on the side of refund. The last thing I need is more damn bills.

:fro

[Shelly]

We don't normally have to pay that much, but since my husband received some severance pay last year, it jacked our income up.

This year will be interesting though since we're on our own now. Our accountant is having him pay himself less salary and pay himself dividends for the balance. It's just hard to figure what the right amount is so we don't get reamed come tax time. It's kinda weird paying yourself an income, though.

[tlongII]

I don't have my W-2 yet.

[N.Y. Johnny]

I just got my taxes done on www.taxact.com :tu


Hey do mine for me man! :spin

[ObiwanGinobili]

Shiiiiit, $19.95? I qualified to file on turbotax for free! Thanks to making less than $50,000/yr.

Thanks for the info, though. :)

shit no way??? noone told me about that! i use turbo tax every year, and I've been paying. dag nab it.

[AlamoSpursFan]

I'm not sure what you're laughing about. You just loaned the government $1144 of your hard earned money interest free for one year. They should be the ones laughing.
:lmao

That's what I meant about changing my withholding. I tried to get to a no-refund situation but came out $1144 ahead. Which is better than the 4-large I loaned them last year.

Actually, I'd like the tax return a friend of mine has. Dude pays SQUAT in taxes. I mean $0.00 all freaking year, nothing taken out AT ALL, and he gets well over $3,000 "back". How is that a freaking refund when you don't pay anything to start with?

[PM5K]

Why wait for your money when it's coming to you?

[sa_butta]

How quick do you get the refund on turbotax.com.

[Mixability]

That's the best way to go ... but since estimating is not an exact science, I'd rather err on the side of refund. The last thing I need is more damn bills.

:fro

I'm in charge of payroll here at work, so I can always adjust every pay period. I've just estimated according to my usual refund. I'd rather just get a tiny refund, but even if I have to pay, it should just be a small figure. :elephant

[SpursWoman]

How quick do you get the refund on turbotax.com.


You can choose direct deposit - which if done by a Wednesday evening will be funded the following Friday (10 days or so) right into your bank account.

Or a check...which takes forever. :lol

[SpursWoman]

shit no way??? noone told me about that! i use turbo tax every year, and I've been paying. dag nab it.


Me neither ... where do you get that info from? :fro

[sa_butta]

You can choose direct deposit - which if done by a Wednesday evening will be funded the following Friday (10 days or so) right into your bank account.

Or a check...which takes forever. :lolIs there another way to get a quicker refund? Even if with a different service, I need it pretty quickly.

[AlamoSpursFan]

I've used TurboTax.com for several years now and it never takes longer than like 10 days or so to get my money.

[Jekka]

Me neither ... where do you get that info from? :fro

Go to irs.gov and follow the free file link to Turbo Tax from there - you go through the process of filing as you normally would, but at the end if you meet the qualifications for a free file then they don't charge you anything.

[Shelly]

BTW, SW...Shouldn't you be married and filing jointly by this time next year???? :angel

[pache100]

I just got my taxes done on www.taxact.com :tu

That's what I have used for the past two years. I can file 1040EZ, though. I already got my refund back, little under $600.


I've used TurboTax.com for several years now and it never takes longer than like 10 days or so to get my money.

I have used TaxAct for the past two years. The refund came faster for me with them than when I used TurboTax in the past (I always hit a snag with them about something that held things up). I filed my taxes on the 13th of Jan and my refund was in my checking account on the 20th! Super fast!

[SpursWoman]

BTW, SW...Shouldn't you be married and filing jointly by this time next year???? :angel



We could be saving a lot on car insurance, too. :lol :lol




I felt kind of funny filing Head of Household this year ... even though my son pointed out that I am the oldest living here. :depressed

[AlamoSpursFan]

We could be saving a lot on car insurance, too. :lol :lol


Well, that's good news. :lol

http://img.photobucket.com/albums/v706/CaptainNick/obi-wan-geico.jpg

[ZStomp]

FWIW, Turbotax.com is super-easy, and it only costs $19.95 to file electronically...you don't even have to buy the software.


taxact.com costs $9.95 :)

[ZStomp]

That's what I have used for the past two years. I can file 1040EZ, though. I already got my refund back, little under $600.



I have used TaxAct for the past two years. The refund came faster for me with them than when I used TurboTax in the past (I always hit a snag with them about something that held things up). I filed my taxes on the 13th of Jan and my refund was in my checking account on the 20th! Super fast!

taxact.com is very easy and get the refund in 10 days or so. as long as i can use taxact..i will

[N.Y. Johnny]

taxact.com is very easy and get the refund in 10 days or so. as long as i can use taxact..i will

I can't use it. fuck :pctoss

[SA210]

taxact.com is very easy and get the refund in 10 days or so. as long as i can use taxact..i will
really, 10 days?

[ZStomp]

I can't use it. fuck :pctoss

I know. It's only for us poor folk.

[ZStomp]

really, 10 days?

Yup. Direct Deposit.

[sa_butta]

I have a question.
My wife is trying to screw me on our taxes. We were going to file married jointly, I was the bread winner in the household and my wife only worked like a month. She made only $273 for the year and no Federal taxes were withheld. Can she claim our daughter as dependent and file her taxes? Im thinking of filiing by myself and keeping the whole refund myself claiming my daughter.

[2Blonde]

I have a question.
My wife is trying to screw me on our taxes. We were going to file married jointly, I was the bread winner in the household and my wife only worked like a month. She made only $273 for the year and no Federal taxes were withheld. Can she claim our daughter as dependent and file her taxes? Im thinking of filiing by myself and keeping the whole refund myself claiming my daughter.
That 's a good question for SW. She's the accountant in here. I would guess since she only made $273 the child deduction wouldn't help or hurt her, but could benefit you. You guys just separated, right?
But again, ask SW...because I don't know crap. I'm just spouting stuff that's sounds like common sense.. :lol

[sa_butta]

Yes we separated but since she did not support the child financially how could you claim her as a dependent? She is just trying to get more money and screw me.

[SpursWoman]

Only one of you can claim her....so you'd better work it out.















Or hurry up. :lol

[sa_butta]

how can she claim her if she only made $273 and none of that money had FICA taken out?

[Shelly]

Would she even have to file if she only made that much?

http://www.irs.gov/individuals/article/0,,id=96623,00.html

[sa_butta]

The thing is she wants to file and claim her to get the money and screw me. I dont really think she has to file but my question is can she? based on that amount and that there was not federal withheld.

[2Blonde]

If you want to fight it out in court then you can probably prove that you are the one who is rightfully entitled to claim the child because you can prove you actually financially provided for and lived with the child. But That will take time and money. Like SW said, hurry and file. The first one to file generally gets it. Just file on your own without telling her and claim your daughter. But do it now before she does. Then she will be the one in the position of trying to claim she deserves to claim her. When/if you get a divorce the courts will decide all the future years. In my decree, my ex and split every other year even though my daughter lives with me. If I remember correctly it was because he thought he deserved it because he paid child support. If I had it to do over again though I wouldn't agree to that.

[SpursWoman]

She can't.

When seperated/divorcing, the IRS will allow the parents to decide between themselves who gets the exemption....the IRS will honor whatever decision you reach. Lacking a mutual agreement between the two, you must fall back on the support test...which is if you provide over half the support for the individual in question. Support includes actual expenditures, such as food, clothing, child care, etc. but also includes a portion of housing and other shared expenses.

But to save all the headaches of fighting it, I'd seriously just hurry up and file.

[sa_butta]

She can't.

When seperated/divorcing, the IRS will allow the parents to decide between themselves who gets the exemption....the IRS will honor whatever decision you reach. Lacking a mutual agreement between the two, you must fall back on the support test...which is if you provide over half the support for the individual in question. Support includes actual expenditures, such as food, clothing, child care, etc. but also includes a portion of housing and other shared expenses.And obviously I provided more than half with her only making $273, also we are not "legally" separated. Does that make any difference? And based on that is she entitled to any of the money if I file married separted?

[SpursWoman]

Nope.


Seriously, just hurry up and file it. There's no way she would win if she decides to fight you.

[2Blonde]

The thing is she wants to file and claim her to get the money and screw me. I dont really think she has to file but my question is can she? based on that amount and that there was not federal withheld.
If they didn't take out taxes, then she won't get anything back. The child exemption is credited against what you paid to the government in taxes. They don't just give her that amount of money for the child. Is that what she thinks?

[sa_butta]

If they didn't take out taxes, then she won't get anything back. The child exemption is credited against what you paid to the government in taxes. They don't just give her that amount of money for the child. Is that what she thinks?Yeah she is nuts, she doesnt even have a job right now and wants to move out and take my daughter with her. She might have found a job with her dad yesterday but, I dont know that it is a "stable income" to support my kid.

[Shelly]

Ugh..Good luck, Butta!

My husband just got 2 1099s. 1) I'm sure the have a W-9 on file, and if they don't, they should have asked for one, and 2) If they bothered to look at said W-9, they would have realized he's a corporation.

[Shelly]

Butta, you do have a SS # for your daughter, right?

[2Blonde]

If they didn't take out taxes, then she won't get anything back. The child exemption is credited against what you paid to the government in taxes. They don't just give her that amount of money for the child. Is that what she thinks?


Yeah she is nuts, she doesnt even have a job right now and wants to move out and take my daughter with her. She might have found a job with her dad yesterday but, I dont know that it is a "stable income" to support my kid.
What a freaking idiot!!! :lol

[sa_butta]

Butta, you do have a SS # for your daughter, right?absolutely

[sa_butta]

What a freaking idiot!!! :lolIm thinking of just filing married/separate and claim my daughter and screw her:lol . I dont think she is entitled to that money. She needs the money for a warrant anyways so if she does not pay that she will be in jail.

[Shelly]

absolutely


Just checking!

[SpursWoman]

If they didn't take out taxes, then she won't get anything back. The child exemption is credited against what you paid to the government in taxes. They don't just give her that amount of money for the child. Is that what she thinks?


I just did it in Turbotax real quick....she'd get an EIC refund of $94 dollars. Not the thousands I'm sure she's anticipating. I hope she didn't write checks against it already. :fro

[sa_butta]

I just did it in Turbotax real quick....she'd get an EIC refund of $94 dollars. :froThat is with the child income credit.

[sa_butta]

I just did it in Turbotax real quick....she'd get an EIC refund of $94 dollars. Not the thousands I'm sure she's anticipating. I hope she didn't write checks against it already. :froThats funny she doesnt even have any checks I already have a bank account in my own name. She has no idea whats coming to her...and it aint money.

[SpursWoman]

That is with the child income credit.



No child tax credit...that's all Earned Income Credit which is completely different. That $94 is all she would get if she filed her $273 w/no taxes taken out right now and claimed your daughter.

If you've gotten big refunds in the past (due mostly to child AND EIC credits) that may be what she's thinking she'll get just because of your daughter. I guess she's not realizing you actually have to work and put in to get any back ... even if what you get back is more than you put in. There still as to be an effort in there somewhere. :lol

:fro

[sa_butta]

No child tax credit...that's all Earned Income Credit which is completely different. That $94 is all she would get if she filed her $273 w/no taxes taken out right now and claimed your daughter.

If you've gotten big refunds in the past (due mostly to child AND EIC credits) that may be what she's thinking she'll get just because of your daughter. I guess she's not realizing you actually have to work and put in to get any back ... even if what you get back is more than you put in. There still as to be an effort in there somewhere. :lol

:fro"effort" that is a word she doesnt know. Oh man what a life, I cant wait to get away from this woman.

[Shelly]

Sounds like your ex and BigZak would make a great couple! :lol

[Vashner]

I owe money this year.. sux. I think 2-3k.