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#15845790 02/28/21
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goalie Offline OP
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So, normally my wife has it down to roughly a thousand dollars back or paying in every year because, well, fuuck giving .gov a free loan.

This year, due to coronapocslypse happenings, that wasn't done.

I was worried we would owe a lot, but we're getting a larger return than usual.

The coffee is hot, the weather's warming up, and it's a beautiful morning.

😁

BP-B2

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Can’t remember last time we got a return. I’m with you, I’d rather pay in and know they didn’t get to use my money interest free.



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FN taxes, we're going to file an extension like every year.


Life is good live it while you can.
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I always pay in.

Osky


A woman's heart is the hardest rock the Almighty has put on this earth and I can find no sign on it.
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Waiting for the 1099 reclassifications on the capital gains. Been a vey good year.

IC B2

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I have been writing a check to the IRS for about the last 9 or 10 yrs.
Usually in the 4 k range.
It cost me a 75 buck penalty when I file cause of " non withholding" bullschit for their greedy dick beaters they dont receive when they want it.
It was explained nicer that that, but that is how I see it.
One yr before I retired from the civilian world.
Unca suga held 17 k in fed tax alone not including all the other taxes. And I still had to write a check for a little over 5k to em at tax time that yr.
Paid off alot of bills on that job and got myself into a position to retire for good very comfortable with a big cushion within me and khans means.
When the daughters were in the house the child tax credit allowed us to get a return, but I was also still in the military or working intial civilian jobs after my retirement from the Army.

But folks that work and pay taxes can only claim a kid under 17.
While welfarites can claim under 18 or 19 kids IIRC for EIC and child tax credit crap. I might be wrong about the under 18 or 19 child tax credit for welfarites.
Fugg em anyways...



If that aint backwards I dont know what is.


All us taxpaying types have 0 kids that are 17 or 18 I geuss living in the house going to high school I geuss.

But yet the welfarites are rewarded credits tax payers dont get.
And I am tired of paying for those who do the least but yet have the right to vote.

Thats some backwards azz schitt also.

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Originally Posted by goalie
So, normally my wife has it down to roughly a thousand dollars back or paying in every year because, well, fuuck giving .gov a free loan.

This year, due to coronapocslypse happenings, that wasn't done.

I was worried we would owe a lot, but we're getting a larger return than usual.

The coffee is hot, the weather's warming up, and it's a beautiful morning.

😁



I always try for a $0 transaction, this year $1000 back. Trying harder for next year.

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goalie Offline OP
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Originally Posted by chris_c
Originally Posted by goalie
So, normally my wife has it down to roughly a thousand dollars back or paying in every year because, well, fuuck giving .gov a free loan.

This year, due to coronapocslypse happenings, that wasn't done.

I was worried we would owe a lot, but we're getting a larger return than usual.

The coffee is hot, the weather's warming up, and it's a beautiful morning.

😁



I always try for a $0 transaction, this year $1000 back. Trying harder for next year.


Since my wife's a CPA, I don't do much in regards to filing, but she's usually pretty good at getting us close to zero.

She really, really hates giving them a free loan, and that stupid penalty you get if you have to pay more than $xxxx (even if you pay on-time) pisses her off way out of proportion to the amount.

I think that's a feature, not a bug.

😁

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Sometime Monday for us.


These premises insured by a Sheltie in Training ,--- and Cooey.o
"May the Good Lord take a likin' to you"
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Just sent in documents to the tax guy. Should know how much I have to pay shortly

IC B3

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still waiting on one 1099.


God bless Texas-----------------------
Old 300
I will remain what i am until the day I die- A HUNTER......Sitting Bull
Its not how you pick the booger..
but where you put it !!
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"Death, and taxes."


These premises insured by a Sheltie in Training ,--- and Cooey.o
"May the Good Lord take a likin' to you"
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Should have mine ready to go to CPA this week. Just got another "corrected" 1099 and a 1095 or such yesterday.

Between Vet Clinic partnership, farm partnership with my brother, farm stuff on my own, and our personal return it's a ridiculous amount of paper.


Always drink upstream from the herd...cowdoc...
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Filed last week and also thought we would owe. The old lady got laid off for 4 months this year due to covid and normally unemployment takes out the bare minimum for taxes. We ended still receiving a return so I was thrilled.

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Lawsuits, fraud, market volatility... are the risks to assets people seem to worry and focus on the most.

The IRS is probably the biggest risk to your assets.

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Paying income tax to a government that is at war with it's own citizens is a tough pill to swallow. When I was entering the job market, consensus was, "you don't get rich working for the government". That was bad information. Lol


@jameslavish

If you work 40 hrs/wk: at 5% inflation and after 5 years, you need a 28% pay raise or to work 44 more hours (*one full extra week* per month+) to make up the difference.

This is inflation
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CPA did ours yesterday. If you are eligible for any stimulus, they will deduct that from the amount that you owe. Saved me $300, yay.


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