And the verdict is in...
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Joined: May 2005
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From: Middle haddam,ct
Originally Posted by paivag,Apr 9 2008, 11:05 PM
Tracie and I are both good wage earners that already max out on 401k.
Any thoughts? Any CPAs here?
Any thoughts? Any CPAs here?
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Joined: Mar 2004
Posts: 7,112
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From: Mass
Originally Posted by JAMESDEAN65,Apr 11 2008, 05:42 AM
there are many taxfree bonds, also if you make more than 350k you can't deduct as much. and then there is Ira and under the bed ...no tax on the money under the bed.
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Joined: Mar 2004
Posts: 7,112
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From: Mass
Originally Posted by boltonblue,Apr 11 2008, 05:21 AM
hey jeff in a perfect world you owe 'em 9.8% of your tax bill on the 15th.
you don't get penalty and you managed to keep and use your money during the year.
you don't get penalty and you managed to keep and use your money during the year.
and deductable care expenses....might even get money back in 2008.Didn't pay estimated in 2007 either and no penalty.
Joined: Jul 2002
Posts: 37,581
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From: bolton
Originally Posted by Cubs2k,Apr 11 2008, 10:47 AM
My '08 estimated payments don't take into consideration my new coolest tax credit and deductable care expenses....might even get money back in 2008.
and deductable care expenses....might even get money back in 2008.
Joined: Dec 2002
Posts: 8,059
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From: Milford, CT
Originally Posted by Cubs2k,Apr 11 2008, 10:47 AM
My '08 estimated payments don't take into consideration my new coolest tax credit and deductable care expenses....might even get money back in 2008.
Didn't pay estimated in 2007 either and no penalty.
and deductable care expenses....might even get money back in 2008.Didn't pay estimated in 2007 either and no penalty.
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s2kjb
California - Southern California S2000 Owners
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Jul 9, 2008 11:48 AM