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!

Tax Returns

profile picture
Moosen
Posts: 4285 - Karma: 2,585
Get stoked kids!

What are you hoping to get with your return?

A new car for me!
Feb 10 2013 8:59PM
2 0
profile picture
Rachy
Posts: 4355 - Karma: 2,761
I plan to owe 6k. :)
Feb 10 2013 9:01PM
0 0
profile picture
deleted5
Posts: 14507 - Karma: 13,500
I'm geting 1.8k ;p
Feb 10 2013 9:02PM
0 0
profile picture
last_tango
Posts: 2635 - Karma: 2,665
Gas to get to Utah this fall so I can move there. Getting 2k back. Maine rapes you for taxes but at least they give you it all back.
Feb 10 2013 9:09PM
0 0
profile picture
FLBP
Posts: 1794 - Karma: 310
I got mine back, bought a 50d with a tamron lense, and with the rest I'll be making car payments and insurance payments.
Feb 10 2013 9:17PM
0 0
profile picture
fragglemuffin
Posts: 3312 - Karma: 444
I'll just be saving mine so once I move out west I'll be able to afford some new furniture.
Feb 10 2013 9:29PM
0 0
profile picture
stezybake[D]oven
Posts: 370 - Karma: 36
go fast bits for my car and maybe a shazz gun
Feb 10 2013 9:39PM
0 0
profile picture
stezybake[D]oven
Posts: 370 - Karma: 36
go fast bits for my car and maybe a shazz gun
Feb 10 2013 9:40PM
0 0
profile picture
KrazyistKarl
Posts: 1725 - Karma: 599
after i buy 15000 in RRSPs tomorrow it should bump my return up quite a bit
Feb 10 2013 9:49PM
0 0
profile picture
p-oskier
Posts: 1407 - Karma: 58
Wow, i'll prob. get mine in like 2 months.
Feb 10 2013 9:56PM
0 0
profile picture
act.resist
Posts: 8875 - Karma: 513
I DONT EVEN KNOW HOW MUCH IM GETTING BUT FUCK YEA ITS GONNA BE A LOT
Feb 10 2013 9:59PM
0 0
profile picture
Anathema
Posts: 21048 - Karma: 5,061
I hate being a part of the work force. guhhhh take my money...
Feb 10 2013 10:01PM
0 0
profile picture
fortyvalve
Posts: 1442 - Karma: 1,570
got a weak 200 bucks and used it to fund my trip to utah Wednesday so i'm stoked for that
Feb 11 2013 9:48AM
0 0
profile picture
SlimDunkin.
Posts: 2065 - Karma: 361
Just under 1500, flying myself out to boulder in two weeks
Feb 11 2013 9:50AM
0 0
profile picture
BrewskiJr
Posts: 5738 - Karma: 1,478
Saving it all. I hate filing taxes.
Feb 11 2013 9:52AM
0 0
profile picture
Ski_the_east01
Posts: 5203 - Karma: 2,304
Just got my federal return: $3,600

Got my state return last week: $155
Feb 11 2013 9:54AM
0 0
profile picture
Charlie_Kelly
Posts: 11953 - Karma: 12,292
Now this is the most wonderful time of the year. Probably will get a couple hundred which will mos certainly be going towards party favors.
Feb 11 2013 10:11AM
0 0
profile picture
seward
Posts: 5233 - Karma: 2,174
except that your tax return is based on last years taxes....
Feb 11 2013 10:40AM
0 0
profile picture
snwbrdmilf
Posts: 22441 - Karma: 2,805
A divorce. hahahaha

And hopefully save the rest :)
Feb 11 2013 10:45AM
0 0
profile picture
corona
Posts: 12752 - Karma: 32,263
oh hi there
Feb 11 2013 10:48AM
0 0
profile picture
Blake.P
Posts: 9894 - Karma: 3,585
Either a new lens for my camera or save it and put it towards a car this summer
Feb 11 2013 11:16AM
0 0
profile picture
saskskier
Posts: 4772 - Karma: 9,984
A bunch will go to student loans. I would like to pick up a decent watch though. I guess we'll see what I actually get back. Should be decent though because of graduate retention incentives.
Feb 11 2013 11:24AM
0 0
profile picture
CheddarJack
Posts: 5203 - Karma: 7,380
Saving most of it for college. Idk how much I'm getting tho, looking forward to it
Feb 11 2013 12:10PM
0 0
profile picture
KrazyistKarl
Posts: 1725 - Karma: 599
yeah, i payed over $25000 in taxes last year. I don't know how it is on the states but in Canada out tax returns are due April 30th. Deadline to buy RRSPs is February 28th.
My company doesn't match RRSP contributions so there isn't much point in me contributing monthly so I buy lump sums as well I'll be contributing my maximum of $5500 to my tax free savings account. I also donate money throughout the year and I'm getting all my tax receipts back right now. I also went to school twice this year for a total of 4 months,which will qualify me as a full time student.
So far since becoming a journeyman electrician and since the beginning of this tax year (January 1) I've already payed 4000 in taxes. I'm in the 29% braket so I do everything I can to get as much back as I can on my tax return.
Feb 11 2013 12:25PM
0 0
profile picture
KrazyistKarl
Posts: 1725 - Karma: 599
I am also going to have to find a way to leagaly tie up my money so I can qualify for interest free student loans since iI plan on pursuing a commerce degree next. But I just make too much money for that. interest free government loans should be available to everyone. I am currently saving for a 20% down payment on a house to avoid CMHCs regulations, and I'm sure if I have zero home equity and a massive debt iI should qualify for the loans. I'm going to have to sit down with the accountant and see what my options are.
Feb 11 2013 12:31PM
0 0
profile picture
grown-ninja
Posts: 3031 - Karma: 175
no idea guessing 1k-1.5k.  Who knows after capital gains and all that i might owe something-

Not sure why people get so happy about returns...congrats you just gave the govt an interest free loan. 

Well on the other hand the govt is charging me almost 7% on my student loans. 
Feb 11 2013 12:37PM
0 0
profile picture
seward
Posts: 5233 - Karma: 2,174
cool!
Feb 11 2013 1:53PM
0 0
profile picture
volvotom
Posts: 2045 - Karma: 712
I should be $1500-2000. Still have a capital loss carryover from a few years ago.
Feb 11 2013 1:58PM
0 0
profile picture
DERS.
Posts: 6299 - Karma: 1,293
$0 wohoo all the work i did last year was under da table.
Feb 11 2013 2:26PM
0 0
profile picture
1337
Posts: 31038 - Karma: 29,003
I'm reporting you!
Feb 11 2013 2:28PM
0 0
profile picture
DERS.
Posts: 6299 - Karma: 1,293
shit the IRS is knocking on my door!
Feb 11 2013 2:31PM
0 0
profile picture
ILLinoisance
Posts: 3527 - Karma: 5,398
Good. Fuck 'em.
Feb 11 2013 2:31PM
0 0
profile picture
volvotom
Posts: 2045 - Karma: 712
My friend's dad tried running his business that way. Needless to say the IRS and state FTB caught up to him. Although that was hundreds of thousands, they prioritize who they go after.
Feb 11 2013 2:34PM
0 0
profile picture
DERS.
Posts: 6299 - Karma: 1,293
yeah i dont think they care too much about my summer job working for a car detailer. plus my boss was a cop anyway. they know bout laws nd shit right?
Feb 11 2013 2:43PM
0 0
profile picture
1337
Posts: 31038 - Karma: 29,003
I'm impressed, I just left a message that some kid named DERS. on an internet forum was working under the table. They must be desperate
Feb 11 2013 2:54PM
0 0
profile picture
corona
Posts: 12752 - Karma: 32,263
yea! who needs schools and roads and healthcare and a military! fuck em!!
Feb 11 2013 3:29PM
0 0
profile picture
Kid.Kelley
Posts: 565 - Karma: 181
I only got like 300 :(
Feb 11 2013 3:32PM
0 0
profile picture
deleted5
Posts: 14507 - Karma: 13,500
There is no way you know a humanbeing so stupid he tries to run his entire business under the table. That's really hard to cover up and you will get caught.
Feb 11 2013 3:41PM
0 0
profile picture
volvotom
Posts: 2045 - Karma: 712
Yeah, ever since he told me (years before the IRS started getting after them) I explained to him that they would totally get caught. Not the smartest guy I know.
Feb 11 2013 3:52PM
0 0
profile picture
.frenchy
Posts: 18212 - Karma: 12,257
x2

And still working under the table too!
Feb 11 2013 3:53PM
0 0
profile picture
nkmo.
Posts: 3994 - Karma: 285
Should get ~1.5k

Takin a trip to Costa Rica after I graduate in May.
Feb 11 2013 4:21PM
0 0
profile picture
prosnurfer
Posts: 1842 - Karma: 83

yea but you got your 30k up front untaxed all year.  u should make a auto deposit account that takes a%/ month from your account and holds it in another account so in the end of the year you dont have to hier somone or do your taxes ull have a huge chunk of money to pull from.

my buddy had to pay 20k last year. he runs his own video production biz. 

as for me ill prob get 800 back had to pay like 5500 for last year. fuck this new 2% increase bullshit. uhhh i wish i had my own bussiness. 

im going to put it towards a new laser projector. should cover a quarter of the cost.

Feb 11 2013 5:37PM
0 0
profile picture
Blake.P
Posts: 9894 - Karma: 3,585
gonna get around 400 i think. not that much but better than nothing
Feb 11 2013 8:11PM
0 0
profile picture
SkiBum.
Posts: 3597 - Karma: 3,895
You're doing it wrong.
Feb 11 2013 8:15PM
0 0
profile picture
artfullydodged
Posts: 8358 - Karma: 1,674
Saving it. Im trying to get addicted to saving.
Feb 11 2013 8:32PM
0 0
profile picture
skiminnesota
Posts: 9093 - Karma: 429
its all going in the travel fund.
Feb 11 2013 8:43PM
0 0
profile picture
nkmo.
Posts: 3994 - Karma: 285
Pretty sure she's self employed doing web development. You usually pay 20-30% of your net income when doing freelance stuff.
Feb 11 2013 9:33PM
0 0
profile picture
pat_in_the_hat
Posts: 3019 - Karma: 2,695
i got 2700 back. kinda sad compared to how much they took out initially
Feb 11 2013 9:46PM
0 0
profile picture
JeremyClarkson
Posts: 1599 - Karma: 1,934

Just got mine today! fucking pumped. Time to get some whiskey and a pair of full tilts!!

Feb 23 2013 9:37PM
0 0
profile picture
E-Nix
Posts: 382 - Karma: 187
I think its going to be like $300-$400 back for me. Going towards new skis or a surfboard. Decisions, decisions.
Feb 23 2013 10:13PM
0 0
profile picture
PacificRimJob
Posts: 24704 - Karma: 29,687
1.2k

That with my recent bonus awards me a new car, and soon a new camera and Adobe CS6 Master Suite.


Feb 23 2013 10:22PM
0 0
All times are Eastern (-4)