Tax Returns!!

I get paid pretty well and don't pay 10K in fed taxes.
More you make, more you pay. I wish I had to pay 20K a year in taxes. Means I'd make twice as much as I do now.

To the OP's question. My wife will find something to buy that has nothing to do with my truck.

 

I sure as shit am hoping I dont have to pay anything to the government. I paid those greedy bastards about 33%. Fucking tax brackets.

 

Wedding... We have been saving for months! I could have bought 2 Tacoma's!! Haha. I paid in over $30k just to Feds not to mention NY State... Hopefully there is a little left for my lift and tires!!!! Fingers crossed!!

 

wheels and tires.

 

you are planning a 60 thousand dollar wedding???

 

i'll owe a bunch; like always

 

Probably putting it toward custom bumpers and sliders designed by myself.

 

Crossing my fingers we get some back, if so saving to add on our house and paying whatever dept we still have.

 

I don't think I am going to pay taxes anymore, I'm just gonna spend it elsewhere instead.

 

I just saw the avatar that says Rubio West 2016!!!

 

Been debating paying off the Taco (less than a year on the loan), savings, or investments. Although I'd really like to throw a lift, front bumper, and winch on the truck.

 

You know you can change that if you want.

 

Nothing, I adjust so I pretty much break even.

I can save my money without Fed help.

 

I dont know this year..i dont think ill get back a whole lot.

It will probably go to my .357 purchase..lol

 

Over $13k withheld, not including my wife's withholding, hope to get something back. It is all going to our new house, hope to close in April/May this year. Some may go to paying off my truck, only owe $5500, plan to pay it off in 6 months, and just have a house bill.

Will likely owe the state of MD something, even though I let them withhold at the max amount, some how every year I either owe $10 or get $100 back...

ALready got my software, and started my refund, just waiting on the latest update, and all of my tax statements. Going to get it done early this year.




Best I ever did with breaking even was with a NJ tax return, owed them $0.05, had to send them a check for it, and paid more in postage because they wouldn't let me file online...

 

aren't you guys getting money back , actually just overpaying during the year and lending the government money @ 0 % ?

 

Hmm... Yeah. I was hoping someone on here would talk about how to set up your W4, or at least mention that you SHOULD set up your w4 differently. You know.

 

And my avatar is funny why?

 

sorry man, no offense. Just thought it was a joke is all.

 

I know that every $0.01 counts, but at current interest rates if you were getting a $2500 refund, you missed out on ~$11 of interest (assuming 0.95%, $210 put away each month for 12 months). Yes it is something, but if you owed the govt money at the end of the year because you didn't withhold enough, then most people would either not have enough in savings (if any) to pay the amount owed and get fined and pay interest, or would be upset that they had to pay anything. We all make choices, withholding more isn't as bad as a lot of the other choices people make these days.


Even at a 5% interest rate you are only missing out on $58, and we haven't seen those rates in a decade...