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#902721 - 02/11/08 05:07 PM Re: Taxes - do you owe or not? X
Bacon Boy Offline
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X, are you kidding?
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#902723 - 02/11/08 05:09 PM Re: Taxes - do you owe or not? X
FBH Offline
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Originally Posted By: X
Originally Posted By: Fightin BlueHen
I did my taxes last night...I'm getting a decent refund, but that's because I use it like a savings account; I don't list any dependents.


That's very odd, for a banker. Why not claim dependents and put the extra funds in a savings account during the fiscal year?


Probably because I'm pretty odd for a banker...Good luck with that $20k.
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#902724 - 02/11/08 05:12 PM Re: Taxes - do you owe or not? FBH
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Wanna loan, X?

You wouldn't have to pay it if you didn't make it...
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#902731 - 02/11/08 05:20 PM Re: Taxes - do you owe or not? X
doobydoobydoo Offline
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Originally Posted By: X
I owe $20K, help!

thats what you get for not reporting all of that income you earned as Londo Mollari from Babylon 5 at comic conn...
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#902739 - 02/11/08 05:33 PM Re: Taxes - do you owe or not? Bacon Boy
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Originally Posted By: BaconBoy
X, are you kidding?


No, please donate.

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#902741 - 02/11/08 05:35 PM Re: Taxes - do you owe or not? FBH
X Offline
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Originally Posted By: Fightin BlueHen
Originally Posted By: X
Originally Posted By: Fightin BlueHen
I did my taxes last night...I'm getting a decent refund, but that's because I use it like a savings account; I don't list any dependents.


That's very odd, for a banker. Why not claim dependents and put the extra funds in a savings account during the fiscal year?


Probably because I'm pretty odd for a banker...Good luck with that $20k.


That's what I thought, too. I just love it when my suspicions are confirmed.

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#902743 - 02/11/08 05:39 PM Re: Taxes - do you owe or not? DeeQ
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Originally Posted By: Devil Queen
Wanna loan, X?

You wouldn't have to pay it if you didn't make it...


No loan, I've got the funds to pay - unlike the hen, I save during the year to pay at tax time, versus giving money the the government and getting some back with no interest. Actually, those that owe a reasonable amount are the smart ones with those that get a refund, well - they are not the smart ones.

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#902746 - 02/11/08 05:42 PM Re: Taxes - do you owe or not? X
#Just Jay Offline
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X'ie called me smart!!!!


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#902750 - 02/11/08 05:49 PM Re: Taxes - do you owe or not? X
FBH Offline
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Originally Posted By: X
Originally Posted By: Devil Queen
Wanna loan, X?

You wouldn't have to pay it if you didn't make it...


No loan, I've got the funds to pay - unlike the hen, I save during the year to pay at tax time, versus giving money the the government and getting some back with no interest. Actually, those that owe a reasonable amount are the smart ones with those that get a refund, well - they are not the smart ones.


I just know I'd spend it if I got it in little increments every month. Since I already have 401(k), ESPP, and some other investments, my refund is usually for travel. I get it all at once, plan a few vacations, and have fun. I don't know how smart it is, but today, it works for me.
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#902763 - 02/11/08 06:03 PM Re: Taxes - do you owe or not? FBH
#Just Jay Offline
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Originally Posted By: Fightin BlueHen
... but today, it works for me.


That is all that matters.
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#902764 - 02/11/08 06:04 PM Re: Taxes - do you owe or not? FBH
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Me, too, Hen. I contribute mightily to my 401K, have a Roth and a traditional IRA, a savings account, and some mutual and stock funds. I use my refund ($3,000 this year) for vacation --- this year I'm taking 2 vacations ---- to Florida and an Alaskan cruise.
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#902770 - 02/11/08 06:12 PM Re: Taxes - do you owe or not? X
rainman Online
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Quote:
owe a reasonable amount


they already took more than a reasonable amount! anything else that I owe now is very unreasonable!
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#902803 - 02/11/08 06:55 PM Re: Taxes - do you owe or not? FBH
X Offline
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Originally Posted By: Fightin BlueHen
Originally Posted By: X
Originally Posted By: Devil Queen
Wanna loan, X?

You wouldn't have to pay it if you didn't make it...


No loan, I've got the funds to pay - unlike the hen, I save during the year to pay at tax time, versus giving money the the government and getting some back with no interest. Actually, those that owe a reasonable amount are the smart ones with those that get a refund, well - they are not the smart ones.


I just know I'd spend it if I got it in little increments every month. Since I already have 401(k), ESPP, and some other investments, my refund is usually for travel. I get it all at once, plan a few vacations, and have fun. I don't know how smart it is, but today, it works for me.


So, you lack discipline when it comes to saving for vacations, etc. right? No wonder the government keeps coming up with new programs, you require them due to your lack of discipline like so many others. Why on earth would you give funds to the government, interest free, if that is not the case?

On the other hand, perhaps you are being smart in that if Hillary or Obama get into office as POTUS they will need the extra funds for programs; you know a redistribute of wealth so its good that youve arranged to provide it up front. As for your vacations, they will be the first to go as others that are less fortunate will be going, not you, starting next year. Also, you probably should go with Single and an extra $200 per pay period to assure that sufficient funds are available for government programs in 2009 and beyond.

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#902808 - 02/11/08 06:58 PM Re: Taxes - do you owe or not? Pepper's Sister
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Originally Posted By: Pepper's Sister
Me, too, Hen. I contribute mightily to my 401K, have a Roth and a traditional IRA, a savings account, and some mutual and stock funds. I use my refund ($3,000 this year) for vacation --- this year I'm taking 2 vacations ---- to Florida and an Alaskan cruise.


Enjoy those vacations, Sister, it's the last year for stuff like that - kiss your refunds goodbye when Hillary or Obama take over, but as you sit at home, think of all the stuff that the poor and lame will be able to purchase, plus vacations and health insurance in your name - but as always, it's better to give than receive!

Hopefully, you will be able to afford the travel channel.

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#902813 - 02/11/08 07:06 PM Re: Taxes - do you owe or not? rainman
X Offline
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Originally Posted By: rainman
Quote:
owe a reasonable amount


they already took more than a reasonable amount! anything else that I owe now is very unreasonable!


Now, that's a very bad attitude, rainman. PM your address and I'll put you in contact with Hillary or Obama people - exactly what about "it takes a village" don't you understand?

You need to get with the redistribution of wealth money train program! Oh, it will stop at your house, but only to load up, no deliveries, no refunds as it appears that you've been way too personally responsible. Tone it down and perhaps there will be government program in your future.

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#902818 - 02/11/08 07:13 PM Re: Taxes - do you owe or not? X
redsfan Offline
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Normally, I am writing a small check to Uncle, and getting that amount back (roughly) from the State. This year, however, with moving expenses and relocation payments that were grossed up for federal purposes, we are getting a subtantial refund.

Good thing, because my sump pump went out last week, and I am now paying through the nose to install new equipment and dry my basement.
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#902821 - 02/11/08 07:21 PM Re: Taxes - do you owe or not? X
Mrs. Rizzo Offline
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I'm getting a refund from Federal but I have to pay in on State. That bites
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#902851 - 02/11/08 08:06 PM Re: Taxes - do you owe or not? Mrs. Rizzo
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We anticipate a small Fed refund (we don't like to lend our money to Uncle Sam) and since we live in Texas- no State filing required.

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