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Can someone fuckin explain to me how
- Thread starter miplank
- Start date
calveless wonder
New member
tax refunds are so stupid to begin with.
hey government, lets give you a bunch of money to leverage and gain interest off that you should have never had to begin with.
as far as your answer mitch, additional deductions that were not accounted for on their W4 is probably the reason for that, thus lowering their AGI
hey government, lets give you a bunch of money to leverage and gain interest off that you should have never had to begin with.
as far as your answer mitch, additional deductions that were not accounted for on their W4 is probably the reason for that, thus lowering their AGI
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EarthRider
Guest
you're a used car dealership, doesn't tax returns mean you sell more cars? yes?
lol...I should've been more clear.
I understand how it works...it just fuckin pisses me off. All fuckin day long this time of year I have these people come in that work shit jobs, part time, or not at all that will have 5,8, $10,000 refunds and paid nowhere near that amount in. But because they're fucking irresponsible idiots that can't seem to find where the fuck the health dept. is located for free contraception they get a big check every year.
It's fuckin bullshit, and essentially redistribution of wealth. I'm fine w/the whole getting a refund back, but it should never be more than you paid in. At that point it's no longer a refund.
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EarthRider
Guest
so you're going to keep getting richer off the gov, wtf do you care. this isn't like you mitch
and I forgot to add, they know if they give the money to the poor, it will get spent faster... just sayin
and I forgot to add, they know if they give the money to the poor, it will get spent faster... just sayin
No shit sherlock..did you figure that out all by yourself?
Of course it fuckin means the money is coming to me. Doesn't make it right.
The sad fact of the matter is most of those people i'm talking about will blow through that money in the matter of a month or two (most have it spent before they even get it).
don't you have like 2-3 kids?
your broke smoothie making ass is pry getting more than you paid in too.
fucker
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EarthRider
Guest
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EarthRider
Guest
lies!
how the fuck do they already have their returns!!!
I still haven't gotten all the effin 1099-int in yet
I still haven't gotten all the effin 1099-int in yet
calveless wonder
New member
and they're not even ngrs
So how would you solve the problem? Let the kid starve? Force them to get their tubes tied (I like that one)? Shoot them? Well, we can't pick the last one otherwise you'll be in trouble too.
Having kids is a money making venture in a "consumeristic" socialist environment.
well...my personal beliefs are that if you have a child and need some sort of gov't assistance that in order for you to recieve it you have to recieve some sort of birth control. Depo or something. Don't want the shot, then you don't get any help. I have a whole bunch of kickass ideas for shit like this, but my main point of the thread is nobody should get more back than they pay in.
Also, nobody should ever get more money back than they pay in. If you pay in $5537.21 in a year, you should not get more back than $5537.21
I never said it was govt assistance. I got off a lil my last post.
It is a form of redistribution IMO.
I agree and these ideas are not new but no human rights activist is going to allow that to happen (forced birth control or forced castration)
not really forced though if you comply and agree to it or forego bennys.
here is a idea, offer 10k to wemmin and 5k to men to get sterilized, tax free one time payment.
I'm all for that. I think it's a phenomenal idea but I don't see that actually happening
yea of course not, it would be racist and facist and george bush inspired.
i see so many wasted moronic kids these days in a pretty posh area too...loads that shoulda been swallowed
I never watch those useless pep rallies.
calveless wonder
New member
omg dialtone!!!!
I see it as unintended consequences. A noble idea fucked up by people perverting it to their own designs.
That's why I like the tubes tied or some form of unalterable birth control.
digimon7068
New member
george bush, the rich people's president, did that with refundable credits...and they're bullshit!
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Spartacus
Guest
I told the cop I have overdraft protection
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Spartacus
Guest
he didn't buy it
do not pass go
do not pass go
digimon7068
New member
refundable credit is a term of art and, by definition, is one that exceeds your taxes paid in...for your fund of useless knowledge
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Spartacus
Guest
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Spartacus
Guest
I need hep
hep me govt
hep
hep me govt
hep
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Spartacus
Guest
feeding the poor only increases their numbers
asswipe
asswipe
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Spartacus
Guest
we need to weed the savages out of the gene pool
in two hundred years we will all be red bones
no blondes either
in two hundred years we will all be red bones
no blondes either
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Spartacus
Guest
Box was crushed in delivery, but the item was packed so well it was in perfect condition when I got it!
Colonel Eric M Walters, USMC
Colonel Eric M Walters, USMC
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Spartacus
Guest
I love feedback
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Spartacus
Guest
I replied to the Colonel I'll send a marine a game for free
I have a house full of inventory to sell to marines
yo that's marketing
I have a house full of inventory to sell to marines
yo that's marketing
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Spartacus
Guest
sold my only copy of Cityfight along with Republic of Rome
im not even sure how to fucking file my taxes... friend did them for me the first time with turbo tax... Im terrified as fuck of getting audited... not sure if I should look for an actual CPA, go to H&R block, do it online, file joint, separate... so much stuff 
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Spartacus
Guest
should I just up the ante and send the colonel a 2 hundred dollar copy of
Nato Division Commander?
Nato Division Commander?
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Spartacus
Guest
im not even sure how to fucking file my taxes... friend did them for me the first time with turbo tax... Im terrified as fuck of getting audited... not sure if I should look for an actual CPA, go to H&R block, do it online, file joint, separate... so much stuff
less than 2%
flee to costa rica if you got bucks to hide
yo
get with the program
im not even sure how to fucking file my taxes... friend did them for me the first time with turbo tax... Im terrified as fuck of getting audited... not sure if I should look for an actual CPA, go to H&R block, do it online, file joint, separate... so much stuff
Do them yourself, it's not hard. File joint. I'll do them for you. Lol. Did you itemize last year? Why are you afraid of being audited?
digimon7068
New member
joint or single depends on hubby's citizenship status, not on marital status...jus' sayin'
joint or single depends on hubby's citizenship status, not on marital status...jus' sayin'
Lol yeah, that's right I forgot they were not typical.
You want something to be pissed off about?! Tell me how it's fair that my stepdaughter, who lives with my husband and I full time and was unemployed until last week, who is on food stamps and collected a grand total of about $4,500 in unemployment ($87 a week), cannot be claimed as a dependent by my husband and myself.
Yet it's fair Mitt Romney pays 1/2 the percentage of taxes that my husband and I do.
Yeah, rich people need more tax breaks
Fuck, if our tax rate was 15% my husband and I WOULDN'T BE IN DEBT (except for the mortgage). It would make that much of a difference in our weekly available cash! That's the sort of shit that would stimulate the economy!
Yet it's fair Mitt Romney pays 1/2 the percentage of taxes that my husband and I do.
Yeah, rich people need more tax breaks
Fuck, if our tax rate was 15% my husband and I WOULDN'T BE IN DEBT (except for the mortgage). It would make that much of a difference in our weekly available cash! That's the sort of shit that would stimulate the economy!
digimon7068
New member
oh and, separate only makes sense if...
1) spouse has shady tax issues that you don't want to be involved with or
2) one or both spouses has tax attributes that are subject to limitation (e.g., medical expenses not covered by insurance which are subject to 7.5% of AGI) and you can get a bigger deduction bang-for-your-buck by filing separately...however, you still have to crunch the numbers to make sure that the overall tax result is more favorable by filing separate
really? wow I didnt know that, he's a resident... see cindy this is why I'm afraid of being audited, I'm afraid I'm gonna fuck it up....joint or single depends on hubby's citizenship status, not on marital status...jus' sayin'
I dont even know what itemizing implies, why would I do it that way? this year it's a mess because we have our W2(payroll company changed so we have them from 2 dif companies), his 401k, medical bills, no kids, a mortgage (but the mortgage is not with a bank it's with a private party who I make payments to and we do pay interest)... to much shit for me to know what to do with... I saw a Jackson Hewitt and H&R Block nearby, I'm thinking I might try to do it online, but there is so much shit I dont know I'm afraid to fuck it up, or to sabotage my refund without knowing...
lol @ going to CR....
oh and, separate only makes sense if...
1) spouse has shady tax issues that you don't want to be involved with or
2) one or both spouses has tax attributes that are subject to limitation (e.g., medical expenses not covered by insurance which are subject to 7.5% of AGI) and you can get a bigger deduction bang-for-your-buck by filing separately...however, you still have to crunch the numbers to make sure that the overall tax result is more favorable by filing separate
Lol right, I used to do my sister's taxes and would always do both just to be sure.
You want something to be pissed off about?! Tell me how it's fair that my stepdaughter, who lives with my husband and I full time and was unemployed until last week, who is on food stamps and collected a grand total of about $4,500 in unemployment ($87 a week), cannot be claimed as a dependent by my husband and myself.
Yet it's fair Mitt Romney pays 1/2 the percentage of taxes that my husband and I do.
Yeah, rich people need more tax breaks
Fuck, if our tax rate was 15% my husband and I WOULDN'T BE IN DEBT (except for the mortgage). It would make that much of a difference in our weekly available cash! That's the sort of shit that would stimulate the economy!
just for commentary, 15% is the capital gains tax...the amount is lower because the arguement goes that the money has already been taxed when it was earned, then taxed again when it is invested and hence that is why you have a capital gains tax of 15%.
yep they suck regardless of who is giving them.
digimon7068
New member
You want something to be pissed off about?! Tell me how it's fair that my stepdaughter, who lives with my husband and I full time and was unemployed until last week, who is on food stamps and collected a grand total of about $4,500 in unemployment ($87 a week), cannot be claimed as a dependent by my husband and myself.
Yet it's fair Mitt Romney pays 1/2 the percentage of taxes that my husband and I do.
Yeah, rich people need more tax breaks
Fuck, if our tax rate was 15% my husband and I WOULDN'T BE IN DEBT (except for the mortgage). It would make that much of a difference in our weekly available cash! That's the sort of shit that would stimulate the economy!
most of mitt romney's income is derived from capital gains or from qualifying dividends which are taxed at favorable capital gain rates, both of these types of income are taxed at a maximum rate of 15% (for federal tax purposes)...and, the capital gain tax rate and the rule that affords special treatment for qualifying dividends were both products of the george bush regime...and, if you read the committee reports, you see that the purpose of these favorable rates and treatments was to encourage americans to invest their money and to save their money...and, while rich people generally have more money to save, the rules were intended to benefit and encourage everyone...jus' sayin'
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Spartacus
Guest
do my taxes Mary
Is the interest on my savings account taxed the same way? (we managed to collect a whole $125 in interest last year, I think, not $125k, mind you, $125). Don't they REALIZE that cash income below a certain dollar amount makes it IMPOSSIBLE to actually save anything?most of mitt romney's income is derived from capital gains or from qualifying dividends which are taxed at favorable capital gain rates, both of these types of income are taxed at a maximum rate of 15% (for federal tax purposes)...and, the capital gain tax rate and the rule that affords special treatment for qualifying dividends were both products of the george bush regime...and, if you read the committee reports, you see that the purpose of these favorable rates and treatments was to encourage americans to invest their money and to save their money...and, while rich people generally have more money to save, the rules were intended to benefit and encourage everyone...jus' sayin'
Frankly, I think if the entire household income is under $100k then you shouldn't pay a dime of tax on ANY interest you manage to accrue, you should get a fucking medal for managing to put anything away at all!
And what genius decided that earning $3,500 means you're not dependent on someone?!
digimon7068
New member
nope...only capital gains and qualifying dividends. however, you could invest in tax-free muni's (or a tax-free muni fund) and not pay any tax on your interest earnings...and, the purpose of preferential treatment for muni's is to encourage people to invest in local goverments, learning institutions etc. thus, helping relieve the federal government of some of the responsibility of funding these entity's short-falls...just make sure that they are not "private activity" bonds, as these are subject to alternative minimum tax
digimon7068
New member
The reason the money has to go into a savings account, versus long term instruments, is because I need to be able to access what little cash is in there in case of an emergency and can't afford the penalties to cash it out early. I suspect most 2+ person households in the under $100k category (if they're still paying a mortgage) don't have the week to week cash to afford long term investmentsnope...only capital gains and qualifying dividends. however, you could invest in tax-free muni's (or a tax-free muni fund) and not pay any tax on your interest earnings...and, the purpose of preferential treatment for muni's is to encourage people to invest in local goverments, learning institutions etc. thus, helping relieve the federal government of some of the responsibility of funding these entity's short-falls...just make sure that they are not "private activity" bonds, as these are subject to alternative minimum tax
What the hell are these people thinking? Seriously! What reality do they live in?! We manage to scrimp a lousy $2,000 away and the puny $125 it makes costs us $38! Fucking brilliant!
The reason the money has to go into a savings account, versus long term instruments, is because I need to be able to access what little cash is in there in case of an emergency and can't afford the penalties to cash it out early. I suspect most 2+ person households in the under $100k category (if they're still paying a mortgage) don't have the week to week cash to afford long term investments
What the hell are these people thinking? Seriously! What reality do they live in?! We manage to scrimp a lousy $2,000 away and the puny $125 it makes costs us $38! Fucking brilliant!
serious question...do you have any money in a retirement account?
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Spartacus
Guest
The reason the money has to go into a savings account, versus long term instruments, is because I need to be able to access what little cash is in there in case of an emergency and can't afford the penalties to cash it out early. I suspect most 2+ person households in the under $100k category (if they're still paying a mortgage) don't have the week to week cash to afford long term investments
What the hell are these people thinking? Seriously! What reality do they live in?! We manage to scrimp a lousy $2,000 away and the puny $125 it makes costs us $38! Fucking brilliant!
ask a lesbian what to do with your money
fuc this is too easy
digimon7068
New member
The reason the money has to go into a savings account, versus long term instruments, is because I need to be able to access what little cash is in there in case of an emergency and can't afford the penalties to cash it out early. I suspect most 2+ person households in the under $100k category (if they're still paying a mortgage) don't have the week to week cash to afford long term investments
What the hell are these people thinking? Seriously! What reality do they live in?! We manage to scrimp a lousy $2,000 away and the puny $125 it makes costs us $38! Fucking brilliant!
that's why i specifically mentioned muni-funds...they are simply mutual funds that are invested in municipal bonds...and, like any mutual fund, you can put money in and take money out at will.
your effective tax rate is 30% ($38 / $125)???
I won't lie, I don't know a thing about mutual funds. I hear funds and bonds I assumed it's locked up/penalized.
Two adult household, gross income @$85k
My CPA managed to get us a good refund last year, because we had over $5,500 in house repairs with me working out of the house.Okay, would you please explain the logic of not being able to claim an adult relative who is living with you and making well below the poverty threshold? I could see not claiming them if they're making the poverty level or above but honestly, $3,500?!
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Spartacus
Guest
I'll need a gin and tonic to reply to this garbage
yo satan
motherfucker
yo satan
motherfucker
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Spartacus
Guest
you will change your avatar
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Spartacus
Guest
I'm not pulling any punches on this satanic cunt
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Spartacus
Guest
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Spartacus
Guest
mel gibson is a drunk too
Even if I was bored with my avatar I wouldn't change it just because you've mentioned it enough times that I think it bothers you
Not that it matters, but it's just the High Priestess card from the Favole tarot deck.Would you perhaps prefer the Death card from the Deviant Moon tarot?:
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Spartacus
Guest
marvelous
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Spartacus
Guest
I don't care how hot you are, no pun intended fuck no
I dare not ejaculate in you medusa whatever
I dare not ejaculate in you medusa whatever
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Spartacus
Guest
she's gonna lose it
watch and see
watch and see
Naaa, but I am gonna bail, bored.
I won't be around for a while, not sure how long, depends on the recovery. Don't flatter yourself, I'm having work done on both shoulders tomorrow a.m. I hung on the board so much because I'm really not looking forward to it and wanted to be distracted.
BTW, I have no clue what I've done that's gotten up your nose. See you around when I can type again.
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Spartacus
Guest
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Spartacus
Guest
get the fuck out of here witch
mrplunkey
New member
Tax return year sucks. its funny how many dbags goto h and r block. I got turbotax and busted it out in 30-45 mins. Thanks uncle sam for nothing.
No kids, interest earned and capital gains blow!
glad I got a refund but yeah i hear of people getting 8 grand checks and it makes me sick.
No kids, interest earned and capital gains blow!
glad I got a refund but yeah i hear of people getting 8 grand checks and it makes me sick.
Yep, this is the final PRP session.
Started out back in 2010 with 2 separate tendon tears plus bursitis in my right shoulder. So far I've had 3 sessions plus he tapped the right bursa. One tendon healed completely by the second session. The supraspinatus tendon was bad, it's filled in well and if I didn't want to go back to weights he would have given me the go ahead for PT. Before my last session in October my left arm started up with the same damned symptoms, turned out to be one small tear plus bursitis so he hit that with the PRP when he hit my right (I've had two fat grafts now, freaking conscious lipo is the worst). Now my original bad arm is my good arm. I'm getting one more dose tomorrow, both arms, then it's 60 to 90 days recovery then PT. I'm hoping/dreading he taps the left bursa tomorrow, too, fucker kills me when the weather changes anymore.
It's healing, just taken a lot of time, a bit of pain and a chunk of change. You know, since I've started all of this shit I've met like five other people who've had conventional R/C procedures. Three were quite happy with their outcomes (although they all had horror stories of recovery) and two ended up way more fucked up than when they started. Odds like that I can live without, I think I made the right decision.
I just failed misserably at preparing our taxes online it kept insisting on a 1089 form for the interest paid on the house... But my mortgage was through a private party so I dont have that... Also im not sure how much property tax and medical expenses I paid since I owe dif amounts to dif medical stuff... Fuck...
Sent from my VM670 using EliteFitness
it kept insisting on a 1089 form for the interest paid on the house... But my mortgage was through a private party so I dont have that... Also im not sure how much property tax and medical expenses I paid since I owe dif amounts to dif medical stuff... Fuck...Sent from my VM670 using EliteFitness
javaguru
Banned
Tax credits...
Deductions reduce your taxable income, a deduction is valuable as a percentage. For example, if you pay 35% tax and take a deduction you save 35 cents on the dollar.
Tax credits are considered money you are considered to have paid; If you pay 35% and take a tax credit it's dollar for dollar...A tax credit is always better than a deduction, obviously.
javaguru
Banned
You're welcome but Abby hasn't called me since she started that lefty Montessori school...I blame them for turning her against me.
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