Refund of $261 from feds, paid $66 to state. Unfortunately the bill from my accountant will be abt $600.

/need to find a new accountant
//don't tell me to do my own, I don't want to...

Mrs.Sharpier: we always want to avoid the post office

Is that the place that handles physical email?

I had to pay. :(

Luckily, a lot of my income from last year was in long-term capital gains...so, the rate on that was just 15%.

eraser8: I had to pay. :(

Luckily, a lot of my income from last year was in long-term capital gains...so, the rate on that was just 15%.

Hey look another 1%-er...get him!

;)

GladGirl: Two years ago I somehow owed $20,000 in taxes. Last year and this year I owed nothing. I have no idea what was different, but I assume everything's squared away ok, cause that's what the nice Jewish fellow I pay to do my taxes tells me. Also, for anyone considering having kids for the tax break, don't. My little baby only saved me $1,000 this year, and we've spent well more than that on baby gear so far. What, do they expect us to procreate for the sheer joy of bringing new life into the world or something? that's a poor incentive.

I can only assume that the people out there that believe poor people have kids so they can get more tax breaks and more social services either have no kids of their own or have never done their own taxes if they do have kids.

Financially speaking, kids are always always always in the debits column.

eraser8: I had to pay. :(

Luckily, a lot of my income from last year was in long-term capital gains...so, the rate on that was just 15%.


Mitt?

Rent Party: Harmania: Owed the fed about $850, the state about $650. On income around $20K.

I told my girlfriend that if I can write those checks and still be a liberal, I must actually mean it.

You have an effective tax rate of 4%, given those numbers. You should be dancing in the streets after writing those checks.

You should also re-think your withholdings. Unless you like loaning out interest free money.

k00k: Mine are long done. I'm happy to say my effective tax rate is less than obama's. Although I'm sure my income is a sliver of what he made... So I'm not sure whether to say 'fark yeah!' or 'fark you...'

Give to charity. You will have even less money to spend, but it will reduce your effective tax rate.

Abe Vigoda's Ghost: You should also re-think your withholdings. Unless you like loaning out interest free money.

Except since he had to pay, he was the one being loaned the money.

I'm a procrastinator when it comes to unpleasant chores so I haven't done my taxes yet. I didn't do them yesterday, I'm not doing them today and I may not do them tomorrow.

Also, I'm Canadian so I have two extra weeks.

It should be interesting to see how my RRSP tax free account and newly purchased mutual funds will affect my tax refund this year. If I get a big refund I can put it back into the kitty, guranteeing a big refund next year, which I can reinvest ....

This retirement savings scam is something I should have learned about when I was poor and it wasn't worth my trouble to save for retirement according to investment experts who point out that when poor people save for retirement, most of it gets clawed back from their old age pensions. Experts say that there's no point in saving unless you make more than $30,000, and sadly, a lot of people do not.

And investment experts don't want your business unless you have at least a million or two, so there's not much point in investing either unless you invest in a small business of your own.

This is why poor people can't have nice things, like retirement or vacations or long-term health problems.

Filing my extension today, since Bank of America can't seem to send me a mortgage interest statement, and, since I refinanced through another company, those farkers don't allow me online access anymore.

/If it's like last year, I'll go buy some nice vodka with my $50 refund! Woot!

/Tax accountant
//The last month, and the last week and a half in particular, have been hell

impaler: Abe Vigoda's Ghost: You should also re-think your withholdings. Unless you like loaning out interest free money.

Except since he had to pay, he was the one being loaned the money.

Ok, now that I took the time to carefully read his post; why yes, I am a moron.

blockhouse: sammyk: The wife started a new job Feb 2011. She checked exempt on her W-4. 6k tax bill. This is immediately after I spent the last year getting our credit card debt down to zero.

So I ask you fellow farkers. What should her punishment be?

You should have seen this coming at the beginning of February when her W-2 showed zeros in funny places. You've had two and a half months to prepare for this eventuality and determine her punishment . . . and you turn to Fark NOW? I stand by the other commentators who have no empathy for your procrastinating ass.

Oh I noticed it when she got her W2. Hasn't been a fark tread until now and I just paid it yesterday so the anger has boiled back up to the surface.

My wife is an accountant and I haven't seen her in three and a half days so I'm getting a kick...
/that and it's very peaceful at home
//haven't done taxes since probably 1985

Danger Mouse: Rent Party: Danger Mouse: Got my $7500 back 2 months ago....into the bank!

You know you're denying yourself $625 a month in income this way?

Yes. but I much rather have my taxes taken out at a higher rate than pay at the end of the year. Yes. go ahead. yell at me. It's ok. Really.

You need help more than subbie's wife. We should all pray for you...

sammyk: The wife started a new job Feb 2011. She checked exempt on her W-4. 6k tax bill. This is immediately after I spent the last year getting our credit card debt down to zero.

So I ask you fellow farkers. What should her punishment be?

Bukkake.

tricycleracer: I had to mail in my return because my SSN had already been eFiled. Great system they've got there.

You know somebody's using your identity, right?