So WTF is W-2 Wage and Tax Statement

[PM5K]

Is this a ing serious thread?

[E20]

Is this a ing serious thread?

Yeah, I know WTF taxes are, but have never done them before mainly because I'm only 19 and my Mother has claimed me and I've never gotten anything tax related in the mail for 19 years, so I don't bother myself with things I don't need to know presently, I'm now getting this and now I need to know WTF this is and so far it's the the govt. wanting to give me back 340.00 to fill out a long ass form and I have other to do, my spring semester is so brutal that I can't even get a job because of it and I don't have the time to do anything but really study. And money isn't really a problem for me.

[Extra Stout]

A FreeFile probably takes about 15 minutes.

So we've established that E20 will not be willing to work for less than $1,350 an hour.

[Extra Stout]

I can't remember whether I was that stupid when I was 19.

[E20]

Maybe you can't read/understand me Extra Stout, but I don't need the money. I'll probably give it to my mother so she can use it or maybe I'll give it to charity.


P.S
Your dry humor/sarcasm really sucks BTW.

[ehz33satx]

You have to go do your taxes. You own't know if you have to pay or if you'll get something back. And yeah its something you should NOT throw away.

Nah, Nah! You've never done your taxes before, why start now? Throw it away! Dumb

[ShoogarBear]

Long-ass?

Your 1040EZ will take about 10 minutes to fill out, tops.

Send it to me and I will fill it out and split the refund with you.

$170/10 minutes = $2 million/year. Not bad.

[ShoogarBear]

Dammit, ES. I actually had my post written 30 minutes ago, and then got a phone call.

[Shelly]

I say be like Wesley Snipes and don't file. Fight the man!

You're in CA, right? You have to file with the state too.

[Beno Udrih]

Long-ass?

Your 1040EZ will take about 10 minutes to fill out, tops.

Send it to me and I will fill it out and split the refund with you.

$170/10 minutes = $2 million/year. Not bad.

Yeah taxes especially that small don't take long to file.

[ploto]

Actually you might want to check what you are filling out when you go to work (W-4) because you probably should not have any federal income taxes taken out in the first place.

[easjer]

I can't believe that someone would seriously not take the 10 minutes it would take to fill out the e-file and get $300 for their effort.

Seriously, you have SO MUCH MONEY that you can't be bothered to do the easiest taxes you'll ever have?

I'm completely floored by this concept.

[E20]

I can't believe that someone would seriously not take the 10 minutes it would take to fill out the e-file and get $300 for their effort.

Seriously, you have SO MUCH MONEY that you can't be bothered to do the easiest taxes you'll ever have?

I'm completely floored by this concept.

Yeah I'm filling out the form and giving the proceeds to charity, I don't need that money right now. Maybe when I get a job and when filing taxes becomes a serious priority I will take it seriously.

[easjer]

Yeah I'm filling out the form and giving the proceeds to charity, I don't need that money right now. Maybe when I get a job and when filing taxes becomes a serious priority I will take it seriously.

Well good for you for a) learning how to do your taxes and b) donating the money.

[mrsmaalox]

Aren't you the one asking for help with some long-ass convoluted math problem with some imaginary as close as you can get answer that will never apply to anything you'll ever do for the rest of your life? That EZ form you can do in your sleep! It actually has the "formula" already on there and all you do is plug in the numbers and voila--no sliderule needed!

[E20]

Yeah so I decided a long time ago in this thread that I will file it get back the crummy 340 dollars and either give it to my mother or charity or wipe my ass with it. No need for anybody else to tell me to file it.

[marini martini]

File It!!!!!!!!!!!!!!!!!!!!

You want it on your SSI record, so when you hit 62, you can recieve a check in the mail for all the years you paid into it

[LuvBones]

give that money to me if you don't want it! :

[Shelly]

There's no guarantee that you'll get $300 something back. You wont know until you do your taxes.

And like I said, since you live in California, you have to file with the state. Your W-2 will show state income tax withheld as well as CA SDI. (state disability insurance)

If you don't file, it will eventually catch up to you. Every time you get a job, your employer has to let the state know that you've been hired and from there they will garnish your wages if you owe any back taxes, child support, AND vehicle registration.

[Wild Cobra]

I took a quick look at form IRS form 1040EZ. As long as other income like savings interest, etc. added to your wages is no more than $5350, you'll get the entire $339 back from the federal governemt. This is assuming your parents claim you. If you claim yourself, your income can be $8750 before to start paying taxes. 10% of anything over the $5350/$8750. Social Security, you will not get back.

[PixelPusher]

Social Security, you will not get back.

...and possibly not even after you retire.

[spursfan09]

Yeah, I know WTF taxes are, but have never done them before mainly because I'm only 19 and my Mother has claimed me and I've never gotten anything tax related in the mail for 19 years, so I don't bother myself with things I don't need to know presently, I'm now getting this and now I need to know WTF this is and so far it's the the govt. wanting to give me back 340.00 to fill out a long ass form and I have other to do, my spring semester is so brutal that I can't even get a job because of it and I don't have the time to do anything but really study. And money isn't really a problem for me.

Also you never know if you have to pay anything. what if you owe and you never file. Years from now you could be audited. I mean like the safe mature thing to do is file. Whats the big deal. You can learn how to do it yourself or you can take it somewhere and get it done. I don't see why you wouldn't want to file. I'm working and I have a brutal spring semester and I'm gonna file.

[spursfan09]

Oh and I think you are acting pretty defensive, so don't feel stupid. Last year I filed and I owed 3 dollars. I thought my dad was going to take care of that for me, but he didn't and I never paid until later the year. Let's see if that doens't come back to haunt me later.

[ShoogarBear]

I took a quick look at form IRS form 1040EZ. As long as other income like savings interest, etc. added to your wages is no more than $5350, you'll get the entire $339 back from the federal governemt. This is assuming your parents claim you. If you claim yourself, your income can be $8750 before to start paying taxes. 10% of anything over the $5350/$8750. Social Security, you will not get back.

You just robbed me of $170!

[AlamoSpursFan]

The ASF Foundation is currently accepting donations for its' Widows and Orphans Beer and Blu-Ray Fund.

Just sayin'...