Member of the Month

PartyBullshiit
March, 2024

Online

Welcome to the Newschoolers forums! You may read the forums as a guest, however you must be a registered member to post. Register to become a member today!

How much do you expect back on your tax return?

profile picture
GANDALF
Posts: 6285 - Karma: 6,433
i just did mine. i'll be getting at least 400 back roughly. so thats pretty exciting.
Mar 12 2010 7:11PM
0 0
profile picture
Shadows
Posts: 8068 - Karma: 42
enough for an ounce of weed i hope. not much.
Mar 12 2010 7:13PM
0 0
profile picture
uni-corn
Posts: 13846 - Karma: 651
-$300
Mar 12 2010 7:21PM
0 0
profile picture
Tasche
Posts: 5422 - Karma: 99
9500 first time home buyer. Go Merica.
Mar 12 2010 7:37PM
0 0
profile picture
smuggsVT
Posts: 2145 - Karma: 19
so dope. i only got like 500 this year last year i got a lot more when i wasnt in college
Mar 12 2010 8:17PM
0 0
profile picture
Sean_Mac
Posts: 46 - Karma: 10

2000$ federal 700$ state

already dropped 500 at a bootfitters and couldn't be happier

Mar 12 2010 10:36PM
0 0
profile picture
prontocuts.com
Posts: 5244 - Karma: 42
like 30$
Mar 12 2010 10:37PM
0 0
profile picture
Milksteak
Posts: 9948 - Karma: 842
I got 700. Oooooh yeeaaah
Mar 12 2010 10:39PM
0 0
profile picture
selkirks
Posts: 1978 - Karma: 59
Same. I still need to file though.
Mar 12 2010 11:04PM
0 0
profile picture
Dvacc20
Posts: 344 - Karma: 19
im gunna be honest. how do tax returns work? I have no idea, im 16 should i know? haha
Mar 12 2010 11:11PM
0 0
profile picture
skiminnesota
Posts: 9093 - Karma: 429
you should probably be getting one. assuming you worked.


in an over simplified nutshell.

you pay in taxes all year to the government. at end of year you calculate your tax liability, if that tax liability is greater than what you have paid in all year. you then owe the government money. (ie write out a check) or if your tax liability is less than what you paid in all year then you get a refund.

personally IMO its stupid to give the government way more money then you are going to be actually liable for because they are just going to set on the money and give it back to you in april with no interest.


i got back about 70 bucks this year. i wanna say the bastards kept about 500 (combined)

not to mention to make it even more tricky, some states, the peoples republic of Minnesota being one, have a state income tax IN ADDITION to the federal income tax. so they figure out how to fuck you in the ass twice with the graduated income tax.
Mar 12 2010 11:26PM
0 0
profile picture
.KYLE.
Posts: 1891 - Karma: 59
I got 38 dollars
Mar 12 2010 11:27PM
0 0
profile picture
blong131
Posts: 2193 - Karma: 59
UNDER THAT TABLE
Mar 13 2010 2:13AM
0 0
profile picture
Dustin.
Posts: 13839 - Karma: 7,704
$527 total, so I'm glad that I'm not one of the people who had Uncle Sam holding thousands of their dollars all year.
Mar 13 2010 11:34AM
0 0
profile picture
RRhighrider
Posts: 2137 - Karma: 1,105
$842, i was so stoked when i finished my taxes.
Mar 13 2010 11:56AM
0 0
profile picture
superpoluha
Posts: 1986 - Karma: 10
seven cents
Mar 13 2010 11:58AM
0 0
profile picture
Jodi
Posts: 4215 - Karma: 745
I have to pay - again. 800 bucks.
Mar 13 2010 12:00PM
0 0
profile picture
Dvacc20
Posts: 344 - Karma: 19
alright thanks a lot +K
Mar 13 2010 12:18PM
0 0
profile picture
Aaaron.
Posts: 11817 - Karma: 903
i make 100 cash a month giving guitar lessons yeahhhh
Mar 13 2010 12:25PM
0 0
profile picture
Sklar
Posts: 8863 - Karma: 31,577
umpiring little league baseball, cash money
Mar 13 2010 12:37PM
0 0
profile picture
Aaaron.
Posts: 11817 - Karma: 903
i ref youth soccer, make like 900+ over two seasons, but that doesn't go under the table.
Mar 13 2010 12:39PM
0 0
profile picture
michelle
Posts: 6290 - Karma: 428
About 1k. Pretty pumped about it.
Mar 13 2010 12:48PM
0 0
All times are Eastern (-4)