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stanger00 01-23-2009 09:50 AM

My W2 is in and already FILED
 
i got that shit yesterday and i just filed using turbo tax took me like 15 minutes to finish everything up. im single and i dont make a lot of taxable income so i only got back 960.

HELL YEAH im stoked

Black Sunshine 01-23-2009 10:07 AM

Shit, hell, damn! I need to use that program, too. I have never gotten back more than $350. I have a full time job for almost 6 years now, too! Also, I have no kids and I am (by law) single.

I've often wondered how much more I could get back. My dad does my taxes, so I'll ask him about it.

3.8LMustang 01-23-2009 10:10 AM

nice man

last year i got back like 800 sumthing (without using turbo tax :P ) hope i get the same this year :D

Astray 01-23-2009 10:14 AM

Yeah I made more than 50k last year and I got back about 300-500, I'm going to start claiming my car as a dependant. When you said you used turbo tax... are they the ones that offer than new free online tax service or did you have to pay?

stanger00 01-23-2009 10:20 AM

turbo tax didnt find money for me, LOL. TT just allowed me to do my taxes in minutes and its retard easy which is perfect for me, LOL. just to give you an idea why my return is 960..i made 25k and paid 3000 in taxes i over paid by the amount above. i dont make much taxable income in the miltary but i get COLA, BAH, BAS, free med/den and all of that is TAX FREE.

i plan to break even next year because my cash deposit still has a nice interest rate and i could really use the 100 bucks a month to go towards that.


Originally Posted by Astray (Post 378449)
Yeah I made more than 50k last year and I got back about 300-500, I'm going to start claiming my car as a dependant. When you said you used turbo tax... are they the ones that offer than new free online tax service or did you have to pay?

i paid a prcessing fee so its not exactly free.

i claimed 0 on my w-4 so thats why i got back so much for little money. like i said i made adjustments to my w-4 so i wont get back so much. if i had a kid i would get back some mad scrill.

Lazerred6 01-23-2009 11:00 AM

I'm still waiting to get my damn w2....... ef'n hospitals with thousands of employees and slow finance department

Redrum 01-23-2009 12:00 PM

Shit I only going to get $860 back I’m single and I did use turbo tax too the federal only. i already now where its going to. The fuck-up thing my co-woker got more then me we did it using the same program.We made about the same 38k.

GDP 01-23-2009 06:47 PM

I used turbo tax too! I got back about 1800 (fed and state combined), and didnt work for 2 months-ish. The weird thing is I efiled today and it was accepted today lol, the IRS is on it like flies on shit today man lol. No state yet lol. Although they RAPED me on fees to use them lol, but I used their premium stuff.

Eaton conversion here I come!

Switch 01-23-2009 07:55 PM


Originally Posted by Black Sunshine (Post 378445)
Shit, hell, damn! I need to use that program, too. I have never gotten back more than $350. I have a full time job for almost 6 years now, too! Also, I have no kids and I am (by law) single.

I've often wondered how much more I could get back. My dad does my taxes, so I'll ask him about it.

Actually, from a finance standpoint you don't want to get back any money. The money you get back was originally yours to begin with. What you basically did was give the government an interest-free loan. If you had the correct amount of money taken out of your paycheck, you would have been able to invest the money somewhere and gotten more money back than you originally had.

BikerSk8rKid 01-23-2009 08:07 PM

Interesting, I get over $1,000, I don't know what to be exact. I don't use those places you can go to because they charge you. I get mine done from some other place where it's free no charge.

Now I want to know how much I get.

BikerSk8rKid 01-23-2009 08:09 PM


Originally Posted by Lazerred6 (Post 378455)
I'm still waiting to get my damn w2....... ef'n hospitals with thousands of employees and slow finance department

Yeah I'm waiting on mine too, but I actually thought you didn't get them until later.

GDP 01-23-2009 08:17 PM


Originally Posted by Switch (Post 378543)
Actually, from a finance standpoint you don't want to get back any money. The money you get back was originally yours to begin with. What you basically did was give the government an interest-free loan. If you had the correct amount of money taken out of your paycheck, you would have been able to invest the money somewhere and gotten more money back than you originally had.

True, but I like to look at it as forced savings lol. I cant not spend $. And also, I like to look at it, as also helping out my goverment/country.

SnTBakosFinest 01-23-2009 10:19 PM

Waiting on my last W2 from one of the companies I worked for this year. THen I'll turn those into my grandma and she'll do them.

Last year I ended up with a little over a grand.. and I didn't make much.. this year I should end up with a large chunk more.

I'm single, no kids as well..

BikerSk8rKid 01-23-2009 10:21 PM


Originally Posted by SnTBakosFinest (Post 378596)
Waiting on my last W2 from one of the companies I worked for this year. THen I'll turn those into my grandma and she'll do them.

Last year I ended up with a little over a grand.. and I didn't make much.. this year I should end up with a large chunk more.

I'm single, no kids as well..

How much do you get back usually if you work full time +? I'm still trying to figure out roughly how much I will get back. First time actually working a full year with taxes being taken out and I've had overtime.

macs03GT 01-23-2009 11:21 PM


Originally Posted by Switch (Post 378543)
Actually, from a finance standpoint you don't want to get back any money. The money you get back was originally yours to begin with. What you basically did was give the government an interest-free loan. If you had the correct amount of money taken out of your paycheck, you would have been able to invest the money somewhere and gotten more money back than you originally had.

Yeah i kind of like getting it back though.....It makes me feel all happy inside to get a check in the mail!!!! LOL i would have spent it during the year anyway so i might as well have them save it for me so i can blow it as soon as it comes in!! LOL

stanger00 01-24-2009 03:55 AM

1 Attachment(s)
sweet the IRS accepted my return and i should get my direct deposit NLT feb 6th...makes me want to do my dance with my whistle

Attachment 20182

rebelyell 01-25-2009 08:29 PM

We filed yesterday with Turbo Tax. Between us we paid over 20 grand in taxes, but at least we're gonna get a $1700+ refund this year. It will be in the bank in 5 days.. :)

we got $700 last year, and had to pay the year before that..

00blkstanggt 01-26-2009 08:37 AM


Originally Posted by Lazerred6 (Post 378455)
I'm still waiting to get my damn w2....... ef'n hospitals with thousands of employees and slow finance department

That sucks. Luckily my work, hospital as well, has the W2s up online before they send them out. Turned all of our tax stuff in to our tax guy last week. Should have everything done early this week. Will be interested to see what we get back with being married now and having a house.

jjtgiants 01-26-2009 08:54 AM

dang, I haven't received anything yet. Good thing most of you don't live in Cali cause I guess the state might give us IOU's on tax rebates cause we are so broke.

I'm not expecting to get anything back anyway. I claim too much on my pay check just to make it each month.

3.8LMustang 01-26-2009 09:16 AM

still havent got mine :(

BlueOvalFanatic 01-26-2009 03:38 PM


Originally Posted by 00blkstanggt (Post 379098)
That sucks. Luckily my work, hospital as well, has the W2s up online before they send them out. Turned all of our tax stuff in to our tax guy last week. Should have everything done early this week. Will be interested to see what we get back with being married now and having a house.

Did you buy your house between like April 2008 to present? We just bought this house last June, and get a $7500 tax credit on top of what we'd normally get. At first, it was basically like an "interest free loan" which would be paid back 500 a year, but now for a stimulus type thing, it might not have to be paid back at all! :t::D

Id love to get a supercharger for the Mustang, but I have to build a deck, and I need to buy some stuff for my other "project car".

NewMustangMan 01-26-2009 03:45 PM

Whats your other project car?
I got my W2 on friday, but am just waiting on a statement from My college

BikerSk8rKid 01-26-2009 06:40 PM


Originally Posted by 3.8LMustang (Post 379106)
still havent got mine :(

Yeah same here.

How come you guys don't get that much back? I got over $1,000 last year and I didn't even work a full year, maybe half if that. Do you get your money taken out of your check for taxes?


Originally Posted by BlueOvalFanatic (Post 379193)
Did you buy your house between like April 2008 to present? We just bought this house last June, and get a $7500 tax credit on top of what we'd normally get. At first, it was basically like an "interest free loan" which would be paid back 500 a year, but now for a stimulus type thing, it might not have to be paid back at all! :t::D

Id love to get a supercharger for the Mustang, but I have to build a deck, and I need to buy some stuff for my other "project car".

Ah decks are fun to build, I love doing it. :D

Stephen4036 01-26-2009 06:44 PM

WOOT FOR PUBLIX BAGGING MONEY!!!

too bad every cent will goto INSURANCE.. FML

BlueOvalFanatic 01-26-2009 06:58 PM

1 Attachment(s)

Originally Posted by NewMustangMan (Post 379195)
Whats your other project car?
I got my W2 on friday, but am just waiting on a statement from My college

Heres the car...Long story short- I was building the Cobra, then we bought the house. I agreed to avoid the "Cobra fund" for awhile- but not for a year. After it had been 12 months, I went and bought the red Mustang basically just to piss her off.

Bikerskaterkid- I dont know alot about it. A friend is the brains behind the operation. I have helped him build a couple, and after the holes are dug- yea, it aint that bad afterwards. LOL As for taxes, it depends on what you claim, what rate your employer pays, etc.. There are too many variances

And to Stephen- Hell yea, Go Publix! Got family in New Port Richey that have worked there for over 20 years.

BikerSk8rKid 01-26-2009 07:24 PM


Originally Posted by BlueOvalFanatic (Post 379231)
Heres the car...Long story short- I was building the Cobra, then we bought the house. I agreed to avoid the "Cobra fund" for awhile- but not for a year. After it had been 12 months, I went and bought the red Mustang basically just to piss her off.

Bikerskaterkid- I dont know alot about it. A friend is the brains behind the operation. I have helped him build a couple, and after the holes are dug- yea, it aint that bad afterwards. LOL As for taxes, it depends on what you claim, what rate your employer pays, etc.. There are too many variances

And to Stephen- Hell yea, Go Publix! Got family in New Port Richey that have worked there for over 20 years.

Yeah I do construction, almost any trade, but I don't like doing Concrete. Also depends on what kind of deck you want and what type of wood or whatever. I claimed 1 because I'm just a single kid, haha. I don't know there rates, but I make $11.50 an hour with a raise to come. All I know is we pay Taxes out of our checks, Washington pays Taxes on what they buy.

Stephen - Do you like work at Publix?

rebelyell 01-26-2009 11:12 PM


Originally Posted by BikerSk8rKid (Post 379226)
Yeah same here.

How come you guys don't get that much back? I got over $1,000 last year and I didn't even work a full year, maybe half if that. Do you get your money taken out of your check for taxes?


Ah decks are fun to build, I love doing it. :D

It all depends on how much you make vs. how much they take. You have to have the right balance of deductions from your pay vs. what you're actual taxable income is. It's a very delicate line there, and in a perfect world, you would have paid exactly as much taxes as your income predicts you should have paid. Zero, is the perfect number your reaching for as far as refund money back vs taxes paid.. But, It will never ever work like that. This ain't a perfect world, and the economy sucks right now.. :t:

BikerSk8rKid 01-27-2009 12:08 AM


Originally Posted by rebelyell (Post 379313)
It all depends on how much you make vs. how much they take. You have to have the right balance of deductions from your pay vs. what you're actual taxable income is. It's a very delicate line there, and in a perfect world, you would have paid exactly as much taxes as your income predicts you should have paid. Zero, is the perfect number your reaching for as far as refund money back vs taxes paid.. But, It will never ever work like that. This ain't a perfect world, and the economy sucks right now.. :t:

They take about $400 + out a month for taxes. Yeah I wish the economy didn't suck right now because I want to quit, haha.

00blkstanggt 01-27-2009 08:19 AM


Originally Posted by BlueOvalFanatic (Post 379193)
Did you buy your house between like April 2008 to present? We just bought this house last June, and get a $7500 tax credit on top of what we'd normally get. At first, it was basically like an "interest free loan" which would be paid back 500 a year, but now for a stimulus type thing, it might not have to be paid back at all! :t::D

Id love to get a supercharger for the Mustang, but I have to build a deck, and I need to buy some stuff for my other "project car".

We got screwed cause we got our house like March 13th 2008. It's all good though because they are just going to take that $7500 out of your tax return over the next few years.


Originally Posted by BikerSk8rKid (Post 379226)
Yeah same here.

How come you guys don't get that much back? I got over $1,000 last year and I didn't even work a full year, maybe half if that. Do you get your money taken out of your check for taxes?


Ah decks are fun to build, I love doing it. :D

It all depends on how much money you make, what deductions you have and such. When you don't make much money you usually get a lot of your taxes back.

By the way, tax guy finished our taxes and we are getting like $7K back. I'm stoked, I was assuming we'd get back around $3K or so. Now we can pay off our new AC and I don't have to worry about paying anything out of my pocket.haha

BlueOvalFanatic 01-27-2009 04:05 PM


Originally Posted by 00blkstanggt (Post 379367)
We got screwed cause we got our house like March 13th 2008. It's all good though because they are just going to take that $7500 out of your tax return over the next few years.

I dunno...They are trying to make it so it does not have to be paid back. Even if it doesnt end up happening that way, it's still not a bad deal. It would be took out over 15 years, $500 a year. Hell, if nothing else, just let it sit in the bank. If you need it, it's there, if you don't need it, use it to pay it back, and make interest off of it in the process. I believe April 1st was the starting date, but who knows what will happen. I wouldnt get my hopes up too much, but before it's over with, it could change. Afterall, they are already trying to extend the date...why couldnt they go back on the other end a little?


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