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| Can we all just flip a finger at the IRS???? | |
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| Tweet Topic Started: Apr 14 2008, 08:56 PM (710 Views) | |
| Giddy-up | Apr 15 2008, 07:31 AM Post #16 |
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Shunnnnn the unbeliever. Shunnnnnnnnnnnnnnnn.
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I will crawl out & say I have never owed them. Last year I got $2000 back--this year will be a little less cause I made more $$$. BUT my first property tax payment is due June 1st so all my refund $$ every year goes towards paying that AND I still have to add to it. Crawling back in to hole....
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| OpticalIllusion | Apr 15 2008, 07:40 AM Post #17 |
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You're BANNED!
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See, I thought mine were wrong.... how could everyone else my age that is pretty much in the same situation (living out of parents, job, not married, no kids) always get money back and I owned. It just didnt make any sense. So this year I took my taxes to H and R Block, they said they were right. I claim 1 on my forms and take out an additional $20 each check to try to fix the owing every year thing. Once again this year I owed. The very nice lady at H&R didnt speak a whole lot of english and could only tell me to take more out, couldnt explain why I owed. The accountant for my office told me because I work so much overtime, the government is screwing me. Apparently they dont take more out immediately when you make overtime, but wait until the end of the year. So yeah, the harder you work, the more you get penalized. :angry: And just to add to all the fun, the irs is now telling me I never filed in 2004, which I know I did. They want a copy of my receipts, which I cant provide because they were in the file cabinet at my old house and my ex refuses to give them to me. The place I was working at is no longer there, and the IRS is telling me I worked another job, which I didnt. When I went to get the info for that place, its also no longer there. So Im going to have to pay them AGAIN for 2004. HOW IS THIS FAIR?!?!?! |
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| sarafina | Apr 15 2008, 07:44 AM Post #18 |
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Schooling
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After the year from hell (losing my job, going into private practice, leaving private practice, buying and selling a home in less than a year, relocating AGAIN....ow....), I'm getting a phat refund. I was FINALLY able to itemize, and it's taking a small amount of the sting out of the financial hell I was in this past year. Next year? Not so much. Sigh. I HIGHLY recommend an accountant. Worth every penny. He grinds his teeth at my horsie expenditures, but he's the man in my eyes. And funnily enough, one of my friends reminded me that an old high school buddy is now the head of the IRS. Go frickin' figure. |
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| Fenway | Apr 15 2008, 07:53 AM Post #19 |
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Guiding your way to Candy Mountain, since 1873.
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Wow! I hope you get that all straightened out. Your ex needs someone to kick him in his ass.... :angry: |
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| Nylar | Apr 15 2008, 09:30 AM Post #20 |
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We're on a bridge, Chaaaaaaaaarlie!
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This is the first year I've ever gotten a refund. It's not much, but it'll pay for some work my car needs so that I don't have to dip into the horse show fund. Last year I owed $1.00. Can someone explain the point in THAT? |
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| Buryinghill1 | Apr 15 2008, 09:46 AM Post #21 |
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You're BANNED!
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My goal is to make so much $ I would have to pay more taxes than Bill and Warren, but have enough tax breaks to actually pay none God bless the Cayman Islands
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| equest | Apr 15 2008, 10:19 AM Post #22 |
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Schooling
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i got a BIG refund. But, I bought a home last year and I deducted all the points and interest. At least it takes some of the "sting" out of knowing my home is probably depreciating in value
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| OpticalIllusion | Apr 15 2008, 11:20 AM Post #23 |
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You're BANNED!
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He needs much more then a kick in the ass, trust me. If karma ever comes back around at him, he will be hit by a mac truck and left on the side of the road to be eaten by vultures. |
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| Black Tack | Apr 15 2008, 12:27 PM Post #24 |
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You're BANNED!
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So Optical....tell us how you REALLY feel
It's ok, we hate him too. No, we don't know him, but we hate him. This year I'm hating tax time too. We have an accountant who does it all and he's great however I think hubby did a wee woppsy and we still have a bundle to pay. Yuck I can think of so many other ways to spend that money But we don't have to tally up until the end of the month. I'm assuming you guys do it today? |
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| gunnar | Apr 15 2008, 01:09 PM Post #25 |
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You're BANNED!
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Jaci, if you had known me then I would have told you not to take that 401K money! Next time give me a call my freind!! The penalties and tax make you really only get around 50% of your money, especially in a state like CA where they have their own penalty for early withdrawal! As for taxes I hate them more than any of you!! I agree that we should try to get a small refund or even owe a little! Do not let the Govt keep you money all year!! :angry: But just wait until some of you get the stimulus money!!
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| Jersey Fresh | Apr 15 2008, 01:25 PM Post #26 |
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Off visiting Candy Cave, be right back.
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| jillincolorado | Apr 15 2008, 01:39 PM Post #27 |
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You're BANNED!
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Steph...we didn't have a choice. We had to use it to pay off part of our mortgage...LONG story. We knew it would suck, but somehow it sucked less a year ago than it does now.
I do believe we made an error, but we'll find out when we send it in. We will still owe, but we did qualify for the stimulus thing, so that should take some of the sting out. :angry:
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| Lion1024 | Apr 15 2008, 01:40 PM Post #28 |
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It'll be an adventure! We're going on an adventure!
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Jersey Fresh - why do you have to account for the money your Dad gives you for plane tickets? A parent is allowed to gift a certain amount to their children with no tax penalties. IIRC (and I'm not an accountant) that amount is something like $11,000. You may want to look into that and have him do it personally rather than through his company. OI - Be careful with H & R Block. The people that they have there doing your taxes are not accountants...they are simply people who took a test and scored highly enough on it that they basically are considered qualified to use Turbo Tax. That's about the extent of it. One of my friends got royally screwed by H & R Block. |
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| OpticalIllusion | Apr 15 2008, 01:43 PM Post #29 |
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You're BANNED!
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My mom always does my taxes, but this year after she did them I just wanted them double checked just to make sure I actually owed. They said what my mom did was correct, so Im hoping they are right too. |
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| vxf111 | Apr 15 2008, 01:44 PM Post #30 |
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You're BANNED!
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I don't know how much H&R block costs, but I have a private accountant do mine. She is a terrific person, very thorough, and always comes up with good ideas I wouldn't have thought of. The bill is usually in the $15-250 range. Well worth it. I don't know, is H&R block much much cheaper (I genuinely have no clue, never even been in an H&R block)? If not, you might forget about using them and try a CPA. |
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I can think of so many other ways to spend that money

7:40 AM Jul 11