mailin 0 #26 January 21, 2005 ahhh... good point. I look forward to getting the big amount back, cause I'm not as disciplined as I should be with the savings stuff. (lost my 401k when I left my job and now its just sitting in some fund I've lost track of ) I'll be sure to talk to my accountant lady this year - she's usually full of good ideas (like pay your taxes on time... or, no a 501c3 will not give your personal taxes a bigger cut).... hell, what do I know. Thats what I pay the professionals for JenArianna Frances Quote Share this post Link to post Share on other sites
Deuce 1 #27 January 22, 2005 Jen, seriously, if you are getting that much back, and you don't see a big change in income coming this year, when you get your new job in Atlanta increase your number of dependents (or have your husband do it). Your level of state income tax will change from RI (which is why Florida is very inviting, NO income tax! Nevada too!) If you have the stuff done via payroll deduction to your checking and saving (401K) accounts, you don't need to be disciplined. "How much is in the checking account, Honey?" "Let's go OUT to dinner!" Quote Share this post Link to post Share on other sites champu 1 #28 January 22, 2005 My withholding amounts ended up being kinda whack this year cause I graduated and started working in June. So I'm getting a decent amount of money back. Especially since I had income tax withheld on the cost of moving to California because my company paid for it directly, and it is considered income. Quote Share this post Link to post Share on other sites Amazon 7 #29 January 22, 2005 SOOO did you want to buy that PD Canopy certificate??? Quote Share this post Link to post Share on other sites BillyVance 35 #30 January 22, 2005 QuoteMe three-ther! Boo hiss. Same here... owning a house and having stocks definitely complicates things a bit. I usually get my taxes done in the last couple weeks. However, last year I was due a $1700+/- refund from Uncle Sam, but owed the state of Alabama $1400+/-... Fucking state bastards... so this year, just as soon as I get my W-2, I'm filing for federal asap to find out how much I get back, then wait for the check to come before I file for state taxes! Oh well... maybe this year I will have a chance to pre-pay my state taxes... just need to adjust my withholdings..."Mediocre people don't like high achievers, and high achievers don't like mediocre people." - SIX TIME National Champion coach Nick Saban Quote Share this post Link to post Share on other sites GravityGirl 0 #31 January 22, 2005 It's weird. When I know I'm getting a return I have my taxes done by Jan 20th. When I know I'm gonna owe, I get them done by April 15th at about 11:55pm. ~~~~~~~~~~~~~~~~~ Peace and Blue Skies! Bonnie ==>Gravity Gear! Quote Share this post Link to post Share on other sites Deuce 1 #32 January 22, 2005 QuoteIt's weird. When I know I'm getting a return I have my taxes done by Jan 20th. When I know I'm gonna owe, I get them done by April 15th at about 11:55pm. How true. Bonnie, we had a basketball game at Byron today and the girls were wondering if Jett was gonna be there. Quote Share this post Link to post Share on other sites GravityGirl 0 #33 January 23, 2005 Jett was there between 12:00 and 2:00. Me until 4:00. ~~~~~~~~~~~~~~~~~ Peace and Blue Skies! Bonnie ==>Gravity Gear! Quote Share this post Link to post Share on other sites Amazon 7 #34 January 23, 2005 QuoteWhen I know I'm gonna owe, I get them done by April 15th at about 11:55pm. Hey you can always just file the extension and put it off to August Quote Share this post Link to post Share on other sites ACMESkydiver 0 #35 January 23, 2005 QuoteWhen I know I'm gonna owe, I get them done by April 15th at about 11:55pm. I know. This year is gonna hurt. ~Jaye Do not believe that possibly you can escape the reward of your action. Quote Share this post Link to post Share on other sites skydiver30960 0 #36 January 23, 2005 Funny how in the past, when I was getting refunds, I was more than exicited to get it done quickly. But this being the first year that I'll owe, I'm finding myself somewhat less than motivated... Elvisio "deduct this" Rodriguez Quote Share this post Link to post Share on other sites Zep 0 #37 January 23, 2005 Hummm excuse my ignorance but are'nt taxes some thing you use to get from A-B Come to sunny Spain the land of the original Black money (edit spelling) joder estoy perdiendo me ingles Gone fishing Quote Share this post Link to post Share on other sites skydiverbc 0 #38 January 24, 2005 got mine and done already Quote Share this post Link to post Share on other sites Slappie 9 #39 January 24, 2005 QuoteFunny how in the past, when I was getting refunds, I was more than exicited to get it done quickly. But this being the first year that I'll owe, I'm finding myself somewhat less than motivated...Quote I've owed for the past 5 years straight. Something to do with the way I deduct during the year to get more of my pay per check. Not outrageous owes, but enough to hurt my wallet for a month or two. IRS doesn't like IOUs either... "Find out just what any people will quietly submit to and you have found out the exact measure of injustice and wrong which will be imposed upon them." Quote Share this post Link to post Share on other sites JohnnyD 0 #40 January 24, 2005 QuoteHey you can always just file the extension and put it off to August An extension only relates to the date by which you must file your returns. It does NOT increase the time you have to pay outstanding balances. Quote Share this post Link to post Share on other sites flyhi 24 #41 January 24, 2005 QuoteIf somebody is getting 3 grand back, they are making the government an interest-free loan of about $250 every month. If that money was plugged into a fund, then over the years it will add up to serious money. Except for years where the NAV of a mutual fund continually declines over the year. Then each month you are buying more shares than the previous month. So, in theory, if you let the government keep your money until the next year and then lump sum dump it in the fund at the new depressed NAV, you will have more shares than if you had dollar cost averaged the previous year. Has this ever happened? Remember 2000, 2001, and 2002? Of course, if you do that, you are betting on the market going down. If you feel that way, I guess you could just short some stocks and get the same advantage. Just don't be wrong.Shit happens. And it usually happens because of physics. Quote Share this post Link to post Share on other sites Prev 1 2 Next Page 2 of 2 Join the conversation You can post now and register later. If you have an account, sign in now to post with your account. Note: Your post will require moderator approval before it will be visible. Reply to this topic... × Pasted as rich text. Paste as plain text instead Only 75 emoji are allowed. × Your link has been automatically embedded. Display as a link instead × Your previous content has been restored. Clear editor × You cannot paste images directly. Upload or insert images from URL. Insert image from URL × Desktop Tablet Phone Submit Reply 0 Go To Topic Listing
champu 1 #28 January 22, 2005 My withholding amounts ended up being kinda whack this year cause I graduated and started working in June. So I'm getting a decent amount of money back. Especially since I had income tax withheld on the cost of moving to California because my company paid for it directly, and it is considered income. Quote Share this post Link to post Share on other sites
Amazon 7 #29 January 22, 2005 SOOO did you want to buy that PD Canopy certificate??? Quote Share this post Link to post Share on other sites
BillyVance 35 #30 January 22, 2005 QuoteMe three-ther! Boo hiss. Same here... owning a house and having stocks definitely complicates things a bit. I usually get my taxes done in the last couple weeks. However, last year I was due a $1700+/- refund from Uncle Sam, but owed the state of Alabama $1400+/-... Fucking state bastards... so this year, just as soon as I get my W-2, I'm filing for federal asap to find out how much I get back, then wait for the check to come before I file for state taxes! Oh well... maybe this year I will have a chance to pre-pay my state taxes... just need to adjust my withholdings..."Mediocre people don't like high achievers, and high achievers don't like mediocre people." - SIX TIME National Champion coach Nick Saban Quote Share this post Link to post Share on other sites
GravityGirl 0 #31 January 22, 2005 It's weird. When I know I'm getting a return I have my taxes done by Jan 20th. When I know I'm gonna owe, I get them done by April 15th at about 11:55pm. ~~~~~~~~~~~~~~~~~ Peace and Blue Skies! Bonnie ==>Gravity Gear! Quote Share this post Link to post Share on other sites
Deuce 1 #32 January 22, 2005 QuoteIt's weird. When I know I'm getting a return I have my taxes done by Jan 20th. When I know I'm gonna owe, I get them done by April 15th at about 11:55pm. How true. Bonnie, we had a basketball game at Byron today and the girls were wondering if Jett was gonna be there. Quote Share this post Link to post Share on other sites GravityGirl 0 #33 January 23, 2005 Jett was there between 12:00 and 2:00. Me until 4:00. ~~~~~~~~~~~~~~~~~ Peace and Blue Skies! Bonnie ==>Gravity Gear! Quote Share this post Link to post Share on other sites Amazon 7 #34 January 23, 2005 QuoteWhen I know I'm gonna owe, I get them done by April 15th at about 11:55pm. Hey you can always just file the extension and put it off to August Quote Share this post Link to post Share on other sites ACMESkydiver 0 #35 January 23, 2005 QuoteWhen I know I'm gonna owe, I get them done by April 15th at about 11:55pm. I know. This year is gonna hurt. ~Jaye Do not believe that possibly you can escape the reward of your action. Quote Share this post Link to post Share on other sites skydiver30960 0 #36 January 23, 2005 Funny how in the past, when I was getting refunds, I was more than exicited to get it done quickly. But this being the first year that I'll owe, I'm finding myself somewhat less than motivated... Elvisio "deduct this" Rodriguez Quote Share this post Link to post Share on other sites Zep 0 #37 January 23, 2005 Hummm excuse my ignorance but are'nt taxes some thing you use to get from A-B Come to sunny Spain the land of the original Black money (edit spelling) joder estoy perdiendo me ingles Gone fishing Quote Share this post Link to post Share on other sites skydiverbc 0 #38 January 24, 2005 got mine and done already Quote Share this post Link to post Share on other sites Slappie 9 #39 January 24, 2005 QuoteFunny how in the past, when I was getting refunds, I was more than exicited to get it done quickly. But this being the first year that I'll owe, I'm finding myself somewhat less than motivated...Quote I've owed for the past 5 years straight. Something to do with the way I deduct during the year to get more of my pay per check. Not outrageous owes, but enough to hurt my wallet for a month or two. IRS doesn't like IOUs either... "Find out just what any people will quietly submit to and you have found out the exact measure of injustice and wrong which will be imposed upon them." Quote Share this post Link to post Share on other sites JohnnyD 0 #40 January 24, 2005 QuoteHey you can always just file the extension and put it off to August An extension only relates to the date by which you must file your returns. It does NOT increase the time you have to pay outstanding balances. Quote Share this post Link to post Share on other sites flyhi 24 #41 January 24, 2005 QuoteIf somebody is getting 3 grand back, they are making the government an interest-free loan of about $250 every month. If that money was plugged into a fund, then over the years it will add up to serious money. Except for years where the NAV of a mutual fund continually declines over the year. Then each month you are buying more shares than the previous month. So, in theory, if you let the government keep your money until the next year and then lump sum dump it in the fund at the new depressed NAV, you will have more shares than if you had dollar cost averaged the previous year. Has this ever happened? Remember 2000, 2001, and 2002? Of course, if you do that, you are betting on the market going down. If you feel that way, I guess you could just short some stocks and get the same advantage. Just don't be wrong.Shit happens. And it usually happens because of physics. Quote Share this post Link to post Share on other sites Prev 1 2 Next Page 2 of 2 Join the conversation You can post now and register later. If you have an account, sign in now to post with your account. Note: Your post will require moderator approval before it will be visible. Reply to this topic... × Pasted as rich text. Paste as plain text instead Only 75 emoji are allowed. × Your link has been automatically embedded. Display as a link instead × Your previous content has been restored. Clear editor × You cannot paste images directly. Upload or insert images from URL. Insert image from URL × Desktop Tablet Phone Submit Reply 0 Go To Topic Listing
GravityGirl 0 #33 January 23, 2005 Jett was there between 12:00 and 2:00. Me until 4:00. ~~~~~~~~~~~~~~~~~ Peace and Blue Skies! Bonnie ==>Gravity Gear! Quote Share this post Link to post Share on other sites
Amazon 7 #34 January 23, 2005 QuoteWhen I know I'm gonna owe, I get them done by April 15th at about 11:55pm. Hey you can always just file the extension and put it off to August Quote Share this post Link to post Share on other sites
ACMESkydiver 0 #35 January 23, 2005 QuoteWhen I know I'm gonna owe, I get them done by April 15th at about 11:55pm. I know. This year is gonna hurt. ~Jaye Do not believe that possibly you can escape the reward of your action. Quote Share this post Link to post Share on other sites
skydiver30960 0 #36 January 23, 2005 Funny how in the past, when I was getting refunds, I was more than exicited to get it done quickly. But this being the first year that I'll owe, I'm finding myself somewhat less than motivated... Elvisio "deduct this" Rodriguez Quote Share this post Link to post Share on other sites
Zep 0 #37 January 23, 2005 Hummm excuse my ignorance but are'nt taxes some thing you use to get from A-B Come to sunny Spain the land of the original Black money (edit spelling) joder estoy perdiendo me ingles Gone fishing Quote Share this post Link to post Share on other sites
skydiverbc 0 #38 January 24, 2005 got mine and done already Quote Share this post Link to post Share on other sites
Slappie 9 #39 January 24, 2005 QuoteFunny how in the past, when I was getting refunds, I was more than exicited to get it done quickly. But this being the first year that I'll owe, I'm finding myself somewhat less than motivated...Quote I've owed for the past 5 years straight. Something to do with the way I deduct during the year to get more of my pay per check. Not outrageous owes, but enough to hurt my wallet for a month or two. IRS doesn't like IOUs either... "Find out just what any people will quietly submit to and you have found out the exact measure of injustice and wrong which will be imposed upon them." Quote Share this post Link to post Share on other sites JohnnyD 0 #40 January 24, 2005 QuoteHey you can always just file the extension and put it off to August An extension only relates to the date by which you must file your returns. It does NOT increase the time you have to pay outstanding balances. Quote Share this post Link to post Share on other sites flyhi 24 #41 January 24, 2005 QuoteIf somebody is getting 3 grand back, they are making the government an interest-free loan of about $250 every month. If that money was plugged into a fund, then over the years it will add up to serious money. Except for years where the NAV of a mutual fund continually declines over the year. Then each month you are buying more shares than the previous month. So, in theory, if you let the government keep your money until the next year and then lump sum dump it in the fund at the new depressed NAV, you will have more shares than if you had dollar cost averaged the previous year. Has this ever happened? Remember 2000, 2001, and 2002? Of course, if you do that, you are betting on the market going down. If you feel that way, I guess you could just short some stocks and get the same advantage. Just don't be wrong.Shit happens. And it usually happens because of physics. Quote Share this post Link to post Share on other sites Prev 1 2 Next Page 2 of 2 Join the conversation You can post now and register later. If you have an account, sign in now to post with your account. Note: Your post will require moderator approval before it will be visible. Reply to this topic... × Pasted as rich text. Paste as plain text instead Only 75 emoji are allowed. × Your link has been automatically embedded. Display as a link instead × Your previous content has been restored. Clear editor × You cannot paste images directly. Upload or insert images from URL. Insert image from URL × Desktop Tablet Phone Submit Reply 0 Go To Topic Listing
JohnnyD 0 #40 January 24, 2005 QuoteHey you can always just file the extension and put it off to August An extension only relates to the date by which you must file your returns. It does NOT increase the time you have to pay outstanding balances. Quote Share this post Link to post Share on other sites
flyhi 24 #41 January 24, 2005 QuoteIf somebody is getting 3 grand back, they are making the government an interest-free loan of about $250 every month. If that money was plugged into a fund, then over the years it will add up to serious money. Except for years where the NAV of a mutual fund continually declines over the year. Then each month you are buying more shares than the previous month. So, in theory, if you let the government keep your money until the next year and then lump sum dump it in the fund at the new depressed NAV, you will have more shares than if you had dollar cost averaged the previous year. Has this ever happened? Remember 2000, 2001, and 2002? Of course, if you do that, you are betting on the market going down. If you feel that way, I guess you could just short some stocks and get the same advantage. Just don't be wrong.Shit happens. And it usually happens because of physics. Quote Share this post Link to post Share on other sites
