tax return thread
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From: Calgary
Originally Posted by itlynstalyn' date='Jan 21 2009, 05:50 PM
Jesus Christ, what are you doing to get all that money back if I might ask?
Being partially commission-based means that each cash out on my commissions (quarterly) gets extrapolated and I get taxed at those 4 times as though every one of my paychecks will be of that amount. That's a big contributor.
Also business expenses incurred out of my pocket, car stuff for work, etc etc.
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Originally Posted by vader1' date='Jan 21 2009, 11:02 AM
Each year I estimate what my taxes for the year will be and set my withholding accordingly.
I try to get it as close to zero as possible. It is more difficult now that I am married and my wife gets bonuses, but usually I will find I owe/am owed less than $200.
I try to get it as close to zero as possible. It is more difficult now that I am married and my wife gets bonuses, but usually I will find I owe/am owed less than $200.
Joined: Jan 2007
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From: Cincinnati, OH
i've been between $50 and $100 returned in the last two years. i've got just the right number of exemptions apparently. so, doing my taxes waits till i feel like it.. not like i'm getting a big check.
Joined: May 2002
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Looks like about $3K for me. $300 for the stimulus payment for my newborn son (wasn't born until November) and the rest mainly due to write-offs for charitable donations, cost of schooling for my daughter, purchasing a car (sales tax is deductible), and interest payments on my mortgage. I may also get a bit extra due to damage to the property during Hurricane Ike.
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From: St. Louis, MO
Originally Posted by beanseff' date='Jan 20 2009, 11:15 PM
i work for a pretty big company,and they go by the alphabet so it should come in either this week or next
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