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Federal taxes

Discussion in 'Off-Topic Discussion' started by HondaGM, Jan 17, 2010.

  1. Jan 17, 2010 at 5:09 PM
    #1
    HondaGM

    HondaGM [OP] Roll Tide

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    HAS ANYBODY ELSE NOTICED HOW MUCH FEDERAL INCOME TAXES THEY HAD WITHHELD IN 2009 VS 2008.MINE ARE LESS THAN HALF,I ASK EVERYBODY WHERE I WORK TO CHECK THEIRS,SAME THING,LESS THAN HALF.I'M NOT COMPLAINING BUT I WONDER WHATS THE DEAL.....ANYBODY KNOW?:cool:
     
  2. Jan 17, 2010 at 5:10 PM
    #2
    madisonsfinest

    madisonsfinest Addicted to my DSLR

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    I was working on mine and I paid just a little bit more, but I made a few thousand more this year. So far my return is looking good
     
  3. Jan 17, 2010 at 5:13 PM
    #3
    tigerfan00

    tigerfan00 BECAUSE INTERNETS!! Staff Member

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    i dunno...BUT IS IT NECESSARY TO TYPE IN ALL CAPS????
     
  4. Jan 17, 2010 at 5:14 PM
    #4
    gupster88

    gupster88 Well-Known Member

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    x2! aint it a rule to not type in all caps?? anyway, i wouldnt know since last year was the first full year i held a full time job. i do know i am not getting squat back. it sucks being single in the US in uncle sams eyes!
     
  5. Jan 17, 2010 at 5:18 PM
    #5
    vg05

    vg05 Active Member

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    I paid 11k in taxes in 2008 and about 11.5k in 2009. same job (cut in 401k matching, no pay raise and no move during those 24 months)
     
  6. Jan 17, 2010 at 5:32 PM
    #6
    HondaGM

    HondaGM [OP] Roll Tide

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    ok,sorry i was on cap locks and did'nt notice:cool:
     
  7. Jan 17, 2010 at 5:48 PM
    #7
    Brunes

    Brunes abides. Staff Member

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    Are you talking about how much you OWE or how much you had withheld from your paycheck??
     
  8. Jan 17, 2010 at 5:50 PM
    #8
    HondaGM

    HondaGM [OP] Roll Tide

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    how much i had withheld:cool:
     
  9. Jan 17, 2010 at 6:08 PM
    #9
    Brunes

    Brunes abides. Staff Member

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    Dood- Not getting money back isn't a BAD thing. You are GOING to owe some taxes no matter who you are. The money that you get BACK isn't money that Uncle Sam is giving you-It's your money that you gave to Uncle Sam during the year above and beyond what you owed.

    If you can get to the point were you have the right amount withheld so you have to pay nothing, but get very little back...You are keeping your money as yours instead of giving Uncle Sam a free loan for a year.
     
  10. Jan 18, 2010 at 3:29 PM
    #10
    gupster88

    gupster88 Well-Known Member

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    yeah i know. i did the irs witholding calculator and it said i should have claimed 2 this year. i claimed none. im changing it to 1 but id rather get a little back than owe a lot or any.
     
  11. Jan 27, 2010 at 10:44 AM
    #11
    AvsFanTRD

    AvsFanTRD Oh gravity, thou art a heartless bitch!

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    I screwed myself with that claim number and put it a tad to high for 09'. I now owe the government and state money and not just a couple bucks. I am pissed.
     
  12. Jan 27, 2010 at 10:54 AM
    #12
    JeffRock

    JeffRock Well-Known Member

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    Why are you yelling?
    But no, I haven't noticed. I am sure my accountant will though.
     
  13. Jan 27, 2010 at 11:00 AM
    #13
    neslerrah

    neslerrah Who needs 4WD?

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    i am happy with my return. i work part time and go to school. :woot:
     
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