Texas Fishing Forum
Let's talk taxes.
Posted By: Moto-Moto
Let's talk taxes. - 04/17/17 11:18 PM
Did you owe or get a refund?
I had to pay $365 today.
Posted By: Trickster
Re: Let's talk taxes. - 04/17/17 11:26 PM
Wrote a check for about 10 times that much. Sucks
Posted By: Bee'z
Re: Let's talk taxes. - 04/17/17 11:26 PM
We find out tomorrow. It is going to suck
Posted By: Metal Man
Re: Let's talk taxes. - 04/17/17 11:28 PM
cousin with 4 different baby daddies got back 10g's
I got paid course that meant gov't had use of it all this time and didn't do anything worth a flip with it.
Posted By: Scagnetti
Re: Let's talk taxes. - 04/17/17 11:38 PM
We don’t pay taxes. Only the little people pay taxes.
Posted By: bloo_rainger
Re: Let's talk taxes. - 04/17/17 11:38 PM
Got back a little.
Posted By: Trunkful
Re: Let's talk taxes. - 04/17/17 11:40 PM
Posted By: BassFever
Re: Let's talk taxes. - 04/17/17 11:59 PM
Back about $3400
Posted By: Ghost4BH
Re: Let's talk taxes. - 04/18/17 12:00 AM
Refund .......DaHell is that?
Filed an extension
Posted By: Okie Poke
Re: Let's talk taxes. - 04/18/17 12:02 AM
Getting back $4,400. Main reason is two kids in college. Ain't no comparison in what we pay in, though. Off to work I go........
Posted By: K.D.
Re: Let's talk taxes. - 04/18/17 12:05 AM
I'm about to write a 6k check. Putting it if off as long as I can
Posted By: 9094
Re: Let's talk taxes. - 04/18/17 12:17 AM
Paid a stupid amount as usual today.
Please Trump do something about the tax code.
Posted By: Lakhota
Re: Let's talk taxes. - 04/18/17 12:35 AM
Paid today a little less this year than last year however this is of course on top of all the taxes I paid through out the year.
Posted By: Davedave
Re: Let's talk taxes. - 04/18/17 12:36 AM
Let's not talk about taxes.
Posted By: Moto-Moto
Re: Let's talk taxes. - 04/18/17 12:37 AM
Let's not talk about taxes.
Too late.
Posted By: KingwoodCat
Re: Let's talk taxes. - 04/18/17 12:39 AM
Did you owe or get a refund?
I had to pay $365 today.
Wrote a check to IRS for $5100+ last week.
Posted By: Fishspanker
Re: Let's talk taxes. - 04/18/17 12:41 AM
I think the check was $650. The main issue was the Godzilla like amount paid in prior to the check.
Posted By: Fishspanker
Re: Let's talk taxes. - 04/18/17 12:43 AM
Getting back $4,400. Main reason is two kids in college. Ain't no comparison in what we pay in, though. Off to work I go........
They appreciate the free loan.
My ultimate target is for them to owe me $1 just so they have to go thru the hassle of depositing it in my account. Closest I ever came was the owed me $131.
I got back $7100 this year. I usually about break even but I had some irregular deductions in 2016.
Posted By: Rob W.
Re: Let's talk taxes. - 04/18/17 01:03 AM
Posted By: dallasdawg
Re: Let's talk taxes. - 04/18/17 01:06 AM
Got back $1000 this year. We flip flop between getting and paying depending on a few factors.
Posted By: 1ShotNoKills
Re: Let's talk taxes. - 04/18/17 01:09 AM
Paid north of $1k
Posted By: Duck_Hunter
Re: Let's talk taxes. - 04/18/17 01:11 AM
Got back a little. Need to do something about the tax code. Flat tax or fair tax and get rid of these deductions so I'm not giving an interest free loan every year.
Posted By: ReelBusy
Re: Let's talk taxes. - 04/18/17 01:18 AM
Posted By: sdavis24
Re: Let's talk taxes. - 04/18/17 01:20 AM
Got back $200 from the feds, little more from the state
Posted By: Bee'z
Re: Let's talk taxes. - 04/18/17 01:23 AM
I am hoping to keep it under 17k this year for a change
Really helps when you set it up right the first time lol.
Posted By: Tallgrass05
Re: Let's talk taxes. - 04/18/17 01:24 AM
Paid a little state, got a little back in federal, so broke even.
Posted By: THF_BigPig
Re: Let's talk taxes. - 04/18/17 01:30 AM
Got back $4,900, that quite a bit less than prior years, blame that on my sugar mama.
I paid in about $6,000 more at the end of the year to go along with the 23,000 that I had previously paid through payroll deductions. Still feel blessed and equalled almost 18% of my annual income. Could be alot worse.
Posted By: Uncle Zeek
Re: Let's talk taxes. - 04/18/17 01:37 AM
Did you owe or get a refund?
Not really a meaningful question. The meaningful question is "What was your effective tax rate for 2016?"
Mine was zero, but only because I had a huge tax credit for all the tuition and fees I paid. Trust me, I'd rather have paid $2,000 in taxes than $22,000 in tuition.
Posted By: Alex K.
Re: Let's talk taxes. - 04/18/17 01:43 AM
Haven't had a refund in 5 years. Owe more this year than ever
Posted By: Moto-Moto
Re: Let's talk taxes. - 04/18/17 01:47 AM
Did you owe or get a refund?
Not really a meaningful question. The meaningful question is "What was your effective tax rate for 2016?"
Mine was zero, but only because I had a huge tax credit for all the tuition and fees I paid. Trust me, I'd rather have paid $2,000 in taxes than $22,000 in tuition.
Everyone else seemed to understand what I was asking.....
Posted By: Uncle Zeek
Re: Let's talk taxes. - 04/18/17 01:53 AM
Did you owe or get a refund?
Not really a meaningful question. The meaningful question is "What was your effective tax rate for 2016?"
Mine was zero, but only because I had a huge tax credit for all the tuition and fees I paid. Trust me, I'd rather have paid $2,000 in taxes than $22,000 in tuition.
Everyone else seemed to understand what I was asking.....
Oh, I know, but that's the trap that the IRS wants everyone to fall into. "How much of a refund did you get?" as opposed to "How much did you end up paying in taxes?"
Posted By: ReelBusy
Re: Let's talk taxes. - 04/18/17 01:54 AM
I am hoping to keep it under 17k this year for a change
Really helps when you set it up right the first time lol.
Filing as a Sub S helps a bunch!
Posted By: Bee'z
Re: Let's talk taxes. - 04/18/17 01:56 AM
I am hoping to keep it under 17k this year for a change
Really helps when you set it up right the first time lol.
Filing as a Sub S helps a bunch!
If the previous 2 accountants would have told me this back in 2013 I would be in a much better spot right now. Live and learn and just make it happen
Posted By: NDN98
Re: Let's talk taxes. - 04/18/17 02:52 AM
Got back $52. Usually go back and for the between paying and owing.
Posted By: grandpa75672
Re: Let's talk taxes. - 04/18/17 04:10 AM
I quit filing four years ago.
Posted By: DavidWhatley
Re: Let's talk taxes. - 04/18/17 04:20 AM
Several years ago a good friend was crying as he wrote a check for 472,000. That was on top of what he had paid quarterly. Life's a B when you make that kind of money.
Posted By: UGLYSHCTICK
Re: Let's talk taxes. - 04/18/17 10:28 AM
If it wasn't for Ag. I'd be paying. Got some back. Not near what I had to put in though.
Posted By: John175☮
Re: Let's talk taxes. - 04/18/17 11:02 AM
I paid too much for the services rendered. I get back $6k from the feds and about $200 from the State of New York for the days I worked in their state.
Posted By: Jpurdue
Re: Let's talk taxes. - 04/18/17 11:24 AM
Did you owe or get a refund?
Not really a meaningful question. The meaningful question is "What was your effective tax rate for 2016?"
Mine was zero, but only because I had a huge tax credit for all the tuition and fees I paid. Trust me, I'd rather have paid $2,000 in taxes than $22,000 in tuition.
This is exactly correct. I got back just shy of $10K this year. That doesn't make me feel any better about the amount I paid them over the course of the year which was many times that $10K.
Posted By: cocodrie
Re: Let's talk taxes. - 04/18/17 12:39 PM
Did you owe or get a refund?
Not really a meaningful question. The meaningful question is "What was your effective tax rate for 2016?"
Mine was zero, but only because I had a huge tax credit for all the tuition and fees I paid. Trust me, I'd rather have paid $2,000 in taxes than $22,000 in tuition.
This is exactly correct. I got back just shy of $10K this year. That doesn't make me feel any better about the amount I paid them over the course of the year which was many times that $10K.
Yup. I paid an enormous amount in taxes, got a refund on some stuff, but doesn't mean I'm happy about it.
Work the system, don't let it work you.
Posted By: redchevy
Re: Let's talk taxes. - 04/18/17 12:49 PM
We got ours back a month or so ago. I think it was 5-6K. They tell me every year to have less withheld, but I like the refund. How much of that 5-6k would be left if you had it in your hot little hand to spend? I'm betting not much for most people.
Posted By: RATZ
Re: Let's talk taxes. - 04/18/17 12:50 PM
we are getting back a good amount, but it could take another 6-8 weeks. Someone hacked my wife's works HR dept and got every ones SS. So when we tried to file electrically it was rejected cause someone had already filed under my wife's ss number.
we are getting back a good amount, but it could take another 6-8 weeks. Someone hacked my wife's works HR dept and got every ones SS. So when we tried to file electrically it was rejected cause someone had already filed under my wife's ss number.
Did they get a check too? Did they get caught?
Posted By: RATZ
Re: Let's talk taxes. - 04/18/17 12:58 PM
we are getting back a good amount, but it could take another 6-8 weeks. Someone hacked my wife's works HR dept and got every ones SS. So when we tried to file electrically it was rejected cause someone had already filed under my wife's ss number.
Did they get a check too? Did they get caught?
don't know just know we had to fill out an affidavit with proof of who my wife was. Had to send in copies of wife's DL, passport, and SS card
I'm real curious to know how often that is done...check written and cashed.
I had my credit card # stolen and used in Tampa to pay a water bill ($250). They knew who did it...cause they tracked my "payment". I asked if they would go after that person...they said NO.
BTW it happens daily they said. I wonder if that happens with taxes too. I bet so.
And if it's done to taxes, that means we as tax payers are paying for the "loss" to the budget.
Posted By: RATZ
Re: Let's talk taxes. - 04/18/17 01:13 PM
They also got to my bank accounts. I had to run to tyler during the OT Tourney to put some cash in the bank due to someone using our account online. Was a real pain in the A. Her company has now paid for a years worth of credit protection with experian.
Posted By: RedRanger
Re: Let's talk taxes. - 04/18/17 01:14 PM
BTW it happens daily they said. I wonder if that happens with taxes too. I bet so.
Yes, Idenity theft and taxes are usually overlooked by the IRS if it is an illegal alien. US citizen they go after, not so much for an illegal.
http://www.breitbart.com/big-government/...illegal-aliens/
They also got to my bank accounts. I had to run to tyler during the OT Tourney to put some cash in the bank due to someone using our account online. Was a real pain in the A. Her company has now paid for a years worth of credit protection with experian.
They should have enough info to know who did that. Crazy world we live in.
Posted By: Fishin' Nut
Re: Let's talk taxes. - 04/18/17 01:17 PM
Paid the state of Alabama $255 on Friday.
Posted By: MrRoachie
Re: Let's talk taxes. - 04/18/17 01:28 PM
We get a check for 6K+.
Renting the shop and the new welder were big deductions.
Plus the large charitable contributions.
Or the fact we changed CPA'S and are now using a retired 2 star General.
Posted By: 1ShotNoKills
Re: Let's talk taxes. - 04/18/17 01:40 PM
We get a check for 6K+.
Renting the shop and the new welder were big deductions.
Plus the large charitable contributions.
Or the fact we changed CPA'S and are now using a retired 2 star General.
Can I borrow a grand?
Posted By: Gitter Done
Re: Let's talk taxes. - 04/18/17 01:41 PM
Posted By: Nocona Brian
Re: Let's talk taxes. - 04/18/17 01:46 PM
Did you owe or get a refund?
Not really a meaningful question. The meaningful question is "What was your effective tax rate for 2016?"
Mine was zero, but only because I had a huge tax credit for all the tuition and fees I paid. Trust me, I'd rather have paid $2,000 in taxes than $22,000 in tuition.
This is exactly correct. I got back just shy of $10K this year. That doesn't make me feel any better about the amount I paid them over the course of the year which was many times that $10K.
That's us, and we're still no better off than before.
Posted By: DI
Re: Let's talk taxes. - 04/18/17 02:48 PM
I'm about to write a 6k check. Putting it if off as long as I can
Did that 4-7, they cashed it 4-10, they needed that money.
Posted By: TBS
Re: Let's talk taxes. - 04/18/17 03:07 PM
I have only had to pay once before, and it was just a few hundred many many years ago.
They got me this year....looks like they will get $3k +/- from me.....and I am not happy.
That's what inheritance will do for you.
Posted By: Jamoke
Re: Let's talk taxes. - 04/18/17 03:11 PM
Posted By: Emit R Detsaw
Re: Let's talk taxes. - 04/18/17 03:16 PM
They do need to fix the tax code/laws. They withhold from my military retirement check just to give it all back to me without interest. Used to be they didn't do a withholding from it, but that changed many years back.
Posted By: fouzman
Re: Let's talk taxes. - 04/18/17 03:21 PM
Blows me away that people talk personal finances (with numbers) on a public forum.
Posted By: joebass2
Re: Let's talk taxes. - 04/18/17 05:01 PM
Blows me away that people talk personal finances (with numbers) on a public forum.
Agree, and manage to change a tax thread into 'Look what I make'
Posted By: Stump jumper
Re: Let's talk taxes. - 04/18/17 05:28 PM
Did you owe or get a refund?
I had to pay $365 today.
paid $401. Glad I did not make same mistake as last year. I forgot to hit the submit return button. Glad I was getting a small refund. You can file late with no big deal as long as you are getting a refund. I was 6 weeks late and not a peep out of Uncle Sam.
Refund .......DaHell is that?
Filed an extension
That's what I did.
Posted By: lconn4
Re: Let's talk taxes. - 04/18/17 05:37 PM
I quit filing four years ago.
I just started about that same time.
Posted By: scott01
Re: Let's talk taxes. - 04/18/17 05:56 PM
Blows me away that people talk personal finances (with numbers) on a public forum.
That's exactly what I was thinking too.
Blows me away that people talk personal finances (with numbers) on a public forum.
That's exactly what I was thinking too.
Not to mention this has been posted about a month ago. I wonder if the same people replied to this one too?
Posted By: AdanV
Re: Let's talk taxes. - 04/18/17 06:25 PM
Filed in early March, received back $1500, which is less than what I got last year, which is less than I got the year before, and the year before, etc...
Posted By: Scagnetti
Re: Let's talk taxes. - 04/18/17 06:30 PM
Blows me away that people talk personal finances (with numbers) on a public forum.
Agree, and manage to change a tax thread into 'Look what I make'
Yup, some people can't pass an opportunity for a "look at me" post.
Posted By: redchevy
Re: Let's talk taxes. - 04/18/17 06:32 PM
Blows me away that people talk personal finances (with numbers) on a public forum.
Its not like they included their address dna sample ss# bank account and routing number and a free custom tailored fake ID to complete the deal.
Posted By: Urban Fisher
Re: Let's talk taxes. - 04/18/17 06:36 PM
Blows me away that people talk personal finances (with numbers) on a public forum.
Crazy right? I had to pay $6.4 million on the $26 million I made pimping last year. Good thing since the illegal drugs I sell are well illegal, I don't report my income from those sales. This year I'm going to employ illegal girls to help avoid even more taxes.
Posted By: fouzman
Re: Let's talk taxes. - 04/18/17 06:40 PM
Posted By: thrashfish
Re: Let's talk taxes. - 04/18/17 06:45 PM
No I don't want to talk taxes, but we did get back enough for one tank of gas in the car.
Posted By: DI
Re: Let's talk taxes. - 04/18/17 07:46 PM
Blows me away that people talk personal finances (with numbers) on a public forum.
Agree, and manage to change a tax thread into 'Look what I make'
Yup, some people can't pass an opportunity for a "look at me" post.
I didn't see a post that reflects any of these comments? ? ?
Posted By: Jpurdue
Re: Let's talk taxes. - 04/18/17 08:13 PM
Blows me away that people talk personal finances (with numbers) on a public forum.
Crazy right? I had to pay $6.4 million on the $26 million I made pimping last year. Good thing since the illegal drugs I sell are well illegal, I don't report my income from those sales. This year I'm going to employ illegal girls to help avoid even more taxes.
Like my High School economics professor used to say, "The wages of sin, usually go unreported."
Posted By: Moto-Moto
Re: Let's talk taxes. - 04/18/17 08:58 PM
Blows me away that people talk personal finances (with numbers) on a public forum.
It's not a big deal really.....unless you make it one.
Posted By: junk baits
Re: Let's talk taxes. - 04/18/17 09:31 PM
More taxes paid = more money made, last I checked. My goal is to make 7 zero's and pay lots of taxes and is better than the alternative.
Posted By: Moto-Moto
Re: Let's talk taxes. - 04/18/17 10:16 PM
More taxes paid = more money made, last I checked. My goal is to make 7 zero's and pay lots of taxes and is better than the alternative.
I.like your style sir.
Posted By: 9094
Re: Let's talk taxes. - 04/19/17 01:15 AM
If I get a refund my CPA is fired.
IRS don't pay any interest on my money.
Posted By: joebass2
Re: Let's talk taxes. - 04/19/17 04:32 PM
If I get a refund my CPA is fired.
IRS don't pay any interest on my money.
Neither does the bank. Back in the day when a person could get a 5-10% CD, it was really important to 'break even' at the end of the year. Now not so much.
Posted By: Roller22
Re: Let's talk taxes. - 04/19/17 05:28 PM
More taxes paid = more money made, last I checked. My goal is to make 7 zero's and pay lots of taxes and is better than the alternative.
3 years ago made too much and paid almost 5 figures. 2 years ago just a grand, and this year $500.
I like it better when I pay because it means I made more that year.