|
Joined: Jan 2009
Posts: 5,190
Campfire Tracker
|
OP
Campfire Tracker
Joined: Jan 2009
Posts: 5,190 |
Was wondering if there’s any surprises - good or bad - for this year?
I would think I have everything I need by now so I’ll start checking it tomorrow. Thanks.
|
|
|
|
Joined: Apr 2001
Posts: 2,193 Likes: 1
Campfire Regular
|
Campfire Regular
Joined: Apr 2001
Posts: 2,193 Likes: 1 |
My buddy got drunk the other night and did his—he’s got 4 million coming back.
|
|
|
|
Joined: Jun 2002
Posts: 131,706 Likes: 17
Campfire Sage
|
Campfire Sage
Joined: Jun 2002
Posts: 131,706 Likes: 17 |
Was wondering if there’s any surprises - good or bad - for this year?
I would think I have everything I need by now so I’ll start checking it tomorrow. Thanks. Yep. Already spending my refund. H&R Block has a program where you get a percentage of your refund available on the same day they do your taxes. Not a loan. No interest.
|
|
|
|
Joined: Feb 2004
Posts: 440
Campfire Member
|
Campfire Member
Joined: Feb 2004
Posts: 440 |
A loooong time ago, I tried very hard at doing my own taxes and it showed that I owed the Government ... so I took my taxes to a CPA and got money back! been going to a CPA ever since and if I ever get audited, the CPA can do the explaining ....
|
|
|
|
Joined: Jan 2004
Posts: 10,309 Likes: 3
Campfire Outfitter
|
Campfire Outfitter
Joined: Jan 2004
Posts: 10,309 Likes: 3 |
Yep. Already spending my refund. H&R Block has a program where you get a percentage of your refund available on the same day they do your taxes. Not a loan. No interest. Does the gubment pay you interest on the money you loaned them over the year?
Black Cows Matter!
|
|
|
|
Joined: Jun 2002
Posts: 131,706 Likes: 17
Campfire Sage
|
Campfire Sage
Joined: Jun 2002
Posts: 131,706 Likes: 17 |
Yep. Already spending my refund. H&R Block has a program where you get a percentage of your refund available on the same day they do your taxes. Not a loan. No interest. Does the gubment pay you interest on the money you loaned them over the year? They should, shouldn't they? Seems only fair.
|
|
|
|
Joined: Aug 2005
Posts: 10,757
Campfire Outfitter
|
Campfire Outfitter
Joined: Aug 2005
Posts: 10,757 |
Took everything to the accountant, fingers crossed. Thinking things should be about the same as last year. Income, etc. was about the same. FWIW: My taxes went from owing $1500 in 2017 to getting $2500 back due to Trumps tax law revamp. Just saw where all the Dem candidates will eliminate Trump's tax reform to pay for their programs (free stuff for others).
A true sportsman counts his achievements in proportion to the effort involved and fairness of the sport. - S. Pope
|
|
|
|
Joined: Apr 2011
Posts: 151,717 Likes: 14
Campfire Savant
|
Campfire Savant
Joined: Apr 2011
Posts: 151,717 Likes: 14 |
I’m gonna have to pay, we paid in 50,000, but that won’t be enough, gonna have to come up with another 5000 probably. We have no deductions except what we give to church. I’m sure I’m supporting a couple dindu nuffins
|
|
|
|
Joined: Jan 2004
Posts: 10,309 Likes: 3
Campfire Outfitter
|
Campfire Outfitter
Joined: Jan 2004
Posts: 10,309 Likes: 3 |
Yep. Already spending my refund. H&R Block has a program where you get a percentage of your refund available on the same day they do your taxes. Not a loan. No interest. Does the gubment pay you interest on the money you loaned them over the year? They should, shouldn't they? Seems only fair. It do.
Black Cows Matter!
|
|
|
|
Joined: Jun 2002
Posts: 131,706 Likes: 17
Campfire Sage
|
Campfire Sage
Joined: Jun 2002
Posts: 131,706 Likes: 17 |
I’m gonna have to pay, we paid in 50,000, but that won’t be enough, gonna have to come up with another 5000 probably. We have no deductions except what we give to church. I’m sure I’m supporting a couple dindu nuffins They gosta have lotsa babies, don't they? Somebody gosta pay fa dat.
|
|
|
|
Joined: Jan 2012
Posts: 67,130 Likes: 30
Campfire Kahuna
|
Campfire Kahuna
Joined: Jan 2012
Posts: 67,130 Likes: 30 |
Got the turbo tax still in the package on the table, haven’t gotten all my w-2, 10-99 forms as they trickle in.
I’m in no excited hurry, I’ve been writing the sombitches a check last few years.
Fuggin homeowner’s insurance, property taxes and income taxes all hit about the same time.
No big screen tv and bbq with bitches and ‘fotys’ going on here. No negro family members dancing around
|
|
|
|
Joined: Jan 2010
Posts: 23,543
Campfire Ranger
|
Campfire Ranger
Joined: Jan 2010
Posts: 23,543 |
my income changed <3% over last year, and I'm about the same as where I was last year maybe plus or minus $300 - the difference being I was prepared for it this year. I have mine done now but I usually wait until late February to let my tax software get all the updates.
one minor thing in my state taxes - usually they ask me if I bought goods from out of state (a reference to Amazon) and if so I have to pay taxes on them. In the past I owned up to buying stuff and usually paid $200 or so in taxes. This year, I can't recall buying anything online where I didn't pay taxes for it so I said zero.
Last edited by KFWA; 02/08/20.
have you paid your dues, can you moan the blues, can you bend them guitar strings
|
|
|
|
Joined: Dec 2005
Posts: 10,285 Likes: 1
Campfire Outfitter
|
Campfire Outfitter
Joined: Dec 2005
Posts: 10,285 Likes: 1 |
Yep, wife is worth her weight in gold, she watches and figures during the year, final tally is rarely more than $50 either way............
She missed this year, $117 coming back, apparently she didn't know I was worth more after turning 65................
"...A man's rights rest in three boxes: the ballot box, the jury box and the cartridge box..." Frederick Douglass, 1867
( . Y . )
|
|
|
|
Joined: Jan 2002
Posts: 12,192
Campfire Outfitter
|
Campfire Outfitter
Joined: Jan 2002
Posts: 12,192 |
Done, paid, and saving for next year
|
|
|
|
Joined: Dec 2005
Posts: 585
Campfire Regular
|
Campfire Regular
Joined: Dec 2005
Posts: 585 |
If you're still working remember you can put up to $7000 in a Traditional IRA and get more back. We did it again this year and got another $1000 back. It's worth checking into it.
|
|
|
|
Joined: Nov 2015
Posts: 5,650
Campfire Tracker
|
Campfire Tracker
Joined: Nov 2015
Posts: 5,650 |
Have an appointment with the accountant next week. Usually have to write a check to feds and state. We will see what happens. I quit doing our own years ago.
Last edited by Heym06; 02/08/20.
|
|
|
|
Joined: Feb 2011
Posts: 5,856
Campfire Tracker
|
Campfire Tracker
Joined: Feb 2011
Posts: 5,856 |
|
|
|
|
Joined: May 2003
Posts: 31,262 Likes: 4
Campfire 'Bwana
|
Campfire 'Bwana
Joined: May 2003
Posts: 31,262 Likes: 4 |
Still waiting on investment papers, as usual. Sometimes don't get them until March. Paid hefty Fed quarterlies all year, but not yet our expected pre-payment of State. Probably will do that before we see the CPA.
Cleverly disguised as a responsible adult.
|
|
|
|
Joined: Sep 2007
Posts: 16,707 Likes: 3
Campfire Ranger
|
Campfire Ranger
Joined: Sep 2007
Posts: 16,707 Likes: 3 |
If you're still working remember you can put up to $7000 in a Traditional IRA and get more back. We did it again this year and got another $1000 back. It's worth checking into it. PM sent
The deer hunter does not notice the mountains
"I fear all we have done is to awaken a sleeping giant and fill him with a terrible resolve" - Isoroku Yamamoto
There sure are a lot of America haters that want to live here...
|
|
|
|
Joined: Feb 2003
Posts: 10,379
Campfire Outfitter
|
Campfire Outfitter
Joined: Feb 2003
Posts: 10,379 |
My wife does the taxes. I sign on the line where she tells me to.
There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self. -Ernest Hemingway The man who makes no mistakes does not usually make anything.-- Edward John Phelps
|
|
|
|
598 members (10ring1, 007FJ, 10gaugemag, 1lessdog, 219DW, 1234, 54 invisible),
2,509
guests, and
1,326
robots. |
Key:
Admin,
Global Mod,
Mod
|
|
Forums81
Topics1,192,201
Posts18,485,216
Members73,966
|
Most Online11,491 Jul 7th, 2023
|
|
|
|