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View Poll Results: Tax back or tax bite
Jackpot!
19.23%
Got a little back
53.85%
Broke even
0
0%
Kicked in a little
3.85%
F"ING HAMMERED by the IRS
23.08%
Voters: 26. You may not vote on this poll

This years tax return

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Old 02-13-2006, 12:27 PM
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Originally Posted by handdrumman
Ended up paying in $488....... , I hate the IRS right now, paying in some extra this year so this does not happen again
just feel lucky you dont have to pay to the state
Old 02-13-2006, 12:56 PM
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I owed four bucks...jerks
Old 02-13-2006, 01:14 PM
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The ideal scenario is to owe. Getting money back simply means that the government is getting an interest only loan from you.

I will owe this year. A lot. Did very well with some real estate transactions. Won't know exactly how much until I meet with my CPA.
Old 02-13-2006, 02:39 PM
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Vital49 wrote

The ideal scenario is to owe. Getting money back simply means that the government is getting an interest only loan from you.

you are soo correct! you never get back what U paid into it, Owing IMO is the best situation if you actuaully think about it,
Old 02-13-2006, 02:43 PM
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Originally Posted by mista_sse
Vital49 wrote

The ideal scenario is to owe. Getting money back simply means that the government is getting an interest only loan from you.

you are soo correct! you never get back what U paid into it, Owing IMO is the best situation if you actuaully think about it,
yet, alot of people don't pay in a dime, and get thousand'* "back" (basically welfare)
Old 02-13-2006, 02:45 PM
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Originally Posted by mista_sse
Vital49 wrote

The ideal scenario is to owe. Getting money back simply means that the government is getting an interest only loan from you.

you are soo correct! you never get back what U paid into it, Owing IMO is the best situation if you actuaully think about it,
If you can afford it. I got enough bills as it is, without needing to pay Uncle Sam too. Did that for too many years when I was self employed.

The best scenario is to break even. But, since that'* almost impossible to figure out, I personally like to give 'em a bit too much, let 'em make some interest, and send me the change later....
Old 02-13-2006, 03:33 PM
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Sonoma_zr2 wrote

yet, alot of people don't pay in a dime, and get thousand'* "back" (basically welfare)
while I do agree with U in ways I do not agree with that, A lot of people have to work to support thier kids, The Government takes soo much that I feel It'* only right for those people to get thousands back. I have no problem with people who work, people who don't that'* another story :?
Old 02-13-2006, 03:35 PM
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Originally Posted by mista_sse
Sonoma_zr2 wrote

yet, alot of people don't pay in a dime, and get thousand'* "back" (basically welfare)
while I do agree with U in ways I do not agree with that, A lot of people have to work to support thier kids, The Government takes soo much that I feel It'* only right for those people to get thousands back. I have no problem with people who work, people who don't that'* another story :?
it'* called EIC (earned income credit) these people get income tax "refunds" alot larger than the amont taken out of their checks.
Old 02-13-2006, 03:36 PM
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Private contractor= must pay ~$2800 on $16,800. No return for me.
Old 02-13-2006, 03:57 PM
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I'm getting money back from Federal, and 3 states -MN, NE, and WI. And then there is the $1800 in per deim reimbursement money to top that all off!!!!

<<< One happy camper.


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