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  1. #1
    u wot m8 MyBaddBrah's Avatar
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    Question How Much Are you Getting Back on Your Tax Return

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    What are you buying?
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  2. #2
    Registered User Fang2's Avatar
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    I'm opening a lyft business. You can get hired if you want
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  3. #3
    ๐Ÿ’ฏ wampa's Avatar
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    bout tree fiddy
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  4. #4
    u wot m8 MyBaddBrah's Avatar
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    Originally Posted by Fang2 View Post
    I'm opening a lyft business. You can get hired if you want
    mirin
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  5. #5
    Registered User Destor's Avatar
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    I was technically employed by four different companies last year so made significant, unavoidable overpayments to two forms of automatic deductions. Iโ€™m anticipating like $4k back, maybe $5k

    Gotta get on that independent contractor time... am working with people who are making close to $200k and using business deductions to bring their taxable incomes down to like $30-40k
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  6. #6
    Somebody's daughter Retoaded's Avatar
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    get money back? lmao I don't even remember the last time.
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  7. #7
    Registered User Voidgaze's Avatar
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    Probably no more than $700. It's going straight to my savings.
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  8. #8
    ๐Ÿ‡ง ๐Ÿ‡ฎ ๐Ÿ‡น ๐Ÿ‡จ ๐Ÿ‡ญ ๐Ÿ‡ฎ ๐Ÿ‡ณ๊ง๊ง‚ DesiredUserphag's Avatar
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    Female Anti-Trump friend is getting $7k somehow. I told her to thank him. I'm getting less than $1k because I made more than I ever have which put me in a higher bracket.
    โ“…โ’ธ โ“‚โ’ถโ“ˆโ“‰โ’บโ“‡ โ“‡โ’ถโ’ธโ’บ
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    ๐•ฌ๐–Š๐–˜๐–™๐–๐–Š๐–™๐–Ž๐–ˆ๐–†๐–‘๐–‘๐–ž ๐•ฎ๐–š๐–™ ๐•ธ๐–†๐–˜๐–™๐–Š๐–— ๐•ฝ๐–†๐–ˆ๐–Š ยฎ
    ๐‘ฌ๐‘ต๐‘ป๐‘ฑ ๐‘จ๐‘ณ๐‘ท๐‘ฏ๐‘จ ๐‘ป๐‘จ๐‘ผ๐‘น๐‘ผ๐‘บ ๐‘ช๐‘ถ๐‘ด๐‘ด๐‘จ๐‘ต๐‘ซ๐‘ฌ๐‘น
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  9. #9
    u wot m8 MyBaddBrah's Avatar
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    Originally Posted by DesiredUserphag View Post
    Female Anti-Trump friend is getting $7k somehow. I told her to thank him. I'm getting less than $1k because I made more than I ever have which put me in a higher bracket.
    Made more than I ever have as well and getting much more than $7k. Depends on job and accountant.
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  10. #10
    My eyes are up here. hendrixfreak70's Avatar
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    Nice try, IRS.
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  11. #11
    Dreamer Bulk PumkinPie's Avatar
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    about a grand
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  12. #12
    Forever aBOARD guest89's Avatar
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    I owe $300.00. Which means I did it right. The government hasn't been holding onto my money interest free for a year.
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  13. #13
    لول Xinroth's Avatar
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    Owing a couple grand I think.

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  14. #14
    Constipated OffwhiteBrah's Avatar
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    Paying billlllllllls
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  15. #15
    Capitalist GordonXXX's Avatar
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    poverty mentality. you never want to get money back from the IRS. why give an interest-free loan to the government? you want to pay in as little as necessary without a penalty. and if you do get money back, consider it forced savings and save and invest it rather than plan to spend to blow it as soon as you get your dirty filthy grubby hands on it on some stupid idiotic frivolous purchase. this poverty mentality is what separates the rich from the poor and keeps the poor in an endless cycle of poverty for generations.
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  16. #16
    Proud Dad 5x10's Avatar
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    10k as of now, still waiting in the irs to release a needed real estate form

    Probably gonna owe a few gโ€™s once my real estate capital gains are factored in.
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  17. #17
    redraider86's boy toy SpermWhale's Avatar
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    Originally Posted by Fang2 View Post
    I'm opening a lyft business. You can get hired if you want
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  18. #18
    Registered User Mangino's Avatar
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    Originally Posted by wampa View Post
    bout tree fiddy
    This, $298
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  19. #19
    Unregistered Ninja MadNinjaSkills's Avatar
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    Have no idea. This is the first year I donโ€™t have an income to add. Not sure how thatโ€™s going to affect the outcome compared to previous years. Filing joint with two dependents. I guess weโ€™ll see. Whatever we get back weโ€™ll be putting away to use towards the purchase of our forever home.
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  20. #20
    Registered User Halfway's Avatar
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    Originally Posted by Retoaded View Post
    get money back? lmao I don't even remember the last time.
    Have you considered an S-corp (if you're basically a w2 dude who wants to itemize?) I got at @ 20k back every year but the tax bill kind of fuked me until we set one up.
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  21. #21
    Somebody's daughter Retoaded's Avatar
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    Originally Posted by Halfway View Post
    Have you considered an S-corp (if you're basically a w2 dude who wants to itemize?) I got at @ 20k back every year but the tax bill kind of fuked me until we set one up.
    I am part owner of an S-Corp and wife is sole owner of an LLC, so we pay quarterly and are always paying the "right" amount.
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  22. #22
    Registered User jeshelton's Avatar
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    Originally Posted by MyBaddBrah View Post
    Made more than I ever have as well and getting much more than $7k. Depends on job and accountant.
    Stepped up to Uber Black from standard Lyft? merlin
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    Registered User Halfway's Avatar
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    Originally Posted by Retoaded View Post
    I am part owner of an S-Corp and wife is sole owner of an LLC, so we pay quarterly and are always paying the "right" amount.
    Ah ok, it sounds like you're getting back all you can if you have that setup then lol, we have the same (wife has an LLC)

    Without that we'd be paying a lot more in tax, pre tax bill we got it all in one lump sum itemizing everything
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    Today's total owed:



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    At least it dropped after I put in all our donations to charity. Most likely this is going to be the final number. :/
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    Time to Work litljay's Avatar
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    Not sure. Still waiting on K1. Will probably owe something...
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    I will find out monday night. I hope 10k....if it's less I will be disappointed. The year before I took some money out of my 401k and was slaughtered with taxes. My advice, dont ever do it.

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    I owe them 4 dollars. Haha
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    Unregistered User jlick's Avatar
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    i lowered my withholdings this year so i'm only getting 1.5k back state+ federal. Thanks to the tax cuts, i've paid about 3k less in total taxes. thanks trump!
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