Taxes!

Message Bookmarked
Bookmark Removed
Not all messages are displayed: show all messages (476 of them)
2004 will be done during normal tax time, as w/everyone else.

Matos W.K. (M Matos), Sunday, 16 January 2005 10:44 (nineteen years ago) link

I finally did my Taxes for the last financial year yesterday. It was a lot easier than I'd built it up to be.

Andrew (enneff), Sunday, 16 January 2005 11:39 (nineteen years ago) link

yeah, if it weren't for all the damn bits of paper (five frickin' years' worth, ugh) so would mine be.

Matos W.K. (M Matos), Sunday, 16 January 2005 12:16 (nineteen years ago) link

whoo, that sounds awful matos! Things will be a little worse this year for me than usual because I have to figure my and my husband's taxes separately, then together to see which way is better, but at least I'm fairly certain there's a refund at the end. Back taxes, yuck.

teeny (teeny), Sunday, 16 January 2005 14:26 (nineteen years ago) link

three weeks pass...
okay, exactly how strict are they about monitoring moving expenses? mine may or may not be work-related, in that i left michigan with one job, then drove to oregon, and eventually got another job.

Kingfish MuffMiner 2049er (Kingfish), Tuesday, 8 February 2005 06:12 (nineteen years ago) link

one month passes...
Everyone having fun yet? (Calculated mine for feds and state today and essentially have a 'refund' in that the amount I set aside regularly each year to cover things beyond withholding will barely need to be touched, so I'll apply the balance to the Euro trip -- most handy.)

Ned Raggett (Ned), Sunday, 20 March 2005 20:25 (nineteen years ago) link

oh fuck I have to go to an accountant soon

kyle (akmonday), Sunday, 20 March 2005 23:26 (nineteen years ago) link

A nice refund this year, for once. My accountant suggested that I use it to make all of this year's quarterly estimated payments in advance and I said "hahahaha... no."

Curious George Finds the Ether Bottle (Rock Hardy), Sunday, 20 March 2005 23:34 (nineteen years ago) link

ever since i learned they have people who correct your mistakes, i just fill in random numbers and send them all my forms and stuff to "double-check".

jones (actual), Sunday, 20 March 2005 23:37 (nineteen years ago) link

two weeks pass...
So, yeah. 1099-MISC from City Pages, roughly $2500 in "self-employment" earnings. Do I use Schedule C, Schedule C-EZ or Schedule F (for profit/loss from farming)? Probably not F, of course. But I can't figure out how to use the other two. And then I guess I need Schedule SE on top of it all?!

Nothing was taken from that relatively small amount of profit, but I assume it will absolutely drain any chance I have at a refund. (The last few years have been just under $1K.)

Eric H. (Eric H.), Wednesday, 6 April 2005 20:02 (nineteen years ago) link

I used turbotax online this year since I had some tricky stuff, I totally loved it. It cost like 50 bucks for the state and federal combined though.

teeny (teeny), Wednesday, 6 April 2005 20:11 (nineteen years ago) link

oh shit, i should do mine soon.

hstencil (hstencil), Wednesday, 6 April 2005 20:13 (nineteen years ago) link

GO FUCK YOURSELF STATE OF CALIFORNIA

I can't see how I can possibly owe you two grand. I'm sure there are people who make twice as much as me who don't owe fuck.

kyle (akmonday), Wednesday, 6 April 2005 21:49 (nineteen years ago) link

FUCK A TAX DAY

kephm, Thursday, 14 April 2005 14:47 (nineteen years ago) link

Have fun!

Ned Raggett (Ned), Thursday, 14 April 2005 14:58 (nineteen years ago) link

Argh...

o. nate (onate), Thursday, 14 April 2005 15:02 (nineteen years ago) link

We owe the same as Kyle. Fucking ridiculous.

Samuel Glickstein (nordicskilla), Thursday, 14 April 2005 15:04 (nineteen years ago) link

I haven't done mine yet. I'll do them tonight or tomorrow.

I r queen of last minute taxes.

luna (luna.c), Thursday, 14 April 2005 15:09 (nineteen years ago) link

I still don't get how you end up owing two grand (esp. in Kyle's case, hasn't had the same job all year.) Is your company fucking up what they take out or is their a withholding screwup? Crazy!

Alex in SF (Alex in SF), Thursday, 14 April 2005 15:12 (nineteen years ago) link

2 grand! How horrific. :-( That's gotta be some fucked up withholding thing.

Ned Raggett (Ned), Thursday, 14 April 2005 15:13 (nineteen years ago) link

You need a system like the British tax system! - good, solid, reliable, British!

Samuel Glickstein (nordicskilla), Thursday, 14 April 2005 15:27 (nineteen years ago) link

http://www.armchairhawk.com/images/mainsmall.jpg

kephm, Thursday, 14 April 2005 15:46 (nineteen years ago) link

got mine done 3 weeks ago -- got my fed refund last week, my NY refund (all of $9) is due tomorrow.

suckahs :-P

Eisbär (llamasfur), Thursday, 14 April 2005 16:14 (nineteen years ago) link

Oh yeah, I did my taxes months ago and already got my money back ($200 for federal and about $250 for state.) It was nice.

Alex in SF (Alex in SF), Thursday, 14 April 2005 16:18 (nineteen years ago) link

arr i need my refund please send me my refund

jody the country girl doll (Jody Beth Rosen), Thursday, 14 April 2005 16:24 (nineteen years ago) link

What is the amount that if you make less than that you don't have to pay taxes?

Mary (Mary), Thursday, 14 April 2005 17:49 (nineteen years ago) link

Damned 1099 income. Instead of the usual grand I get. I'm only getting $250 from the govt and then have to take $180 out of that to give to the state of MN. Damn.

Eric von H. (Eric H.), Thursday, 14 April 2005 17:52 (nineteen years ago) link

I ended up in a situation similar to Eric. My Fed. refund is paying my State taxes.

M. White (Miguelito), Thursday, 14 April 2005 17:55 (nineteen years ago) link

hey just be thankful that you don't have to pay taxes to TWO states -- BOTH of which have some of the highest state income tax rates in the country!

Eisbär (llamasfur), Thursday, 14 April 2005 17:59 (nineteen years ago) link

Tad, sweetie, how much do you have to make in order to pay taxes?

Mary (Mary), Thursday, 14 April 2005 18:08 (nineteen years ago) link

$7,951 and up and you have to file

kephm, Thursday, 14 April 2005 18:13 (nineteen years ago) link

I was owing a few hundred dollars because of federal self-employment taxes on the 1099 from my band, so I had to come up with all sorts of music-related deductions (all the cds I bought, gear, gas, rehearsal space food, etc.) to get in the red.

Jordan (Jordan), Thursday, 14 April 2005 18:14 (nineteen years ago) link

(gross)-federal.

xpost

kephm, Thursday, 14 April 2005 18:14 (nineteen years ago) link

i just got 5 bucks more on Telefile than what I calculated myself. sweet.

AaronK (AaronK), Thursday, 14 April 2005 18:23 (nineteen years ago) link

did you ask for your refund to be direct deposited jody? I did and it happened within the week! It was great!

teeny (teeny), Thursday, 14 April 2005 18:27 (nineteen years ago) link

Thanks for the baseline! I searched all over the IRS site and couldn'd find it.

Mary (Mary), Thursday, 14 April 2005 18:29 (nineteen years ago) link

goddamn it I wrote a big thing and it got POXY FULED

anyway, you wind up owing money this way:

if you're married, and you mark "married filing jointly" on your withholding forms at work, they withhold LESS money from your check than they would if you marked "single." this is because the tax system (wrongly, in almost all cases) assumes that if you're married and filing jointly, you're supporting your wife. If both people are working, you have to go through the two-earner, two job worksheet to find out what the difference is b/w what they'll withhold and how much taxes you will actually owe. This is almost always short though for some reason. (note: this is all only true for Federal. State, which is what I owe, doesn't bother to give you a nice worksheet to figure this out. They just say "fuck you", give you no tools to find out how much you owe, and then charge you when you're short. This is called "California is broke and squeezing you for money, bitches.").

If your income fluctuates from month to month because of overtime or bonuses or something, then God help you.


Being married sucks for taxes because of this, and also, this: say you make 70k. Say your spouse make 40k. If you're single, you pay the tax rate for someone making 70k, and your spouse would pay the rate for someone making 40k. But if you're married, you pay the rate for ONE income making 110k. Which is a higher percentage than the others. This means you pay more taxes when you're married than single people making the same money. This is called the marriage penalty and everyone thinks that they got rid of it last year. They did, but only for very low income people. The rest of the country (ie: the middle class) gets fucked.

kyle (akmonday), Thursday, 14 April 2005 18:58 (nineteen years ago) link

but, thank god for schedule C. I got to deduct 3k worth of business expenses.

kyle (akmonday), Thursday, 14 April 2005 19:03 (nineteen years ago) link

AKM makes a great case for why you should always elect to have taxes taken out at the single rate.

The Ghost of Dan Perry (Dan Perry), Thursday, 14 April 2005 19:38 (nineteen years ago) link

I always thought that was given.

Alex in SF (Alex in SF), Thursday, 14 April 2005 19:41 (nineteen years ago) link

I mean unless you have a bunch of kids.

Alex in SF (Alex in SF), Thursday, 14 April 2005 19:41 (nineteen years ago) link

If you have a bunch of kids you can claim them as dependents and your taxable income ends up being something like $2.45.

The Ghost of Dan Perry (Dan Perry), Thursday, 14 April 2005 19:42 (nineteen years ago) link

If you have a bunch of kids your chances of appearing frazzled on Nanny 911 also go up exponentially.

Alex in SF (Alex in SF), Thursday, 14 April 2005 19:43 (nineteen years ago) link

I owe $37.23. Bah. I hate that exhilerating crash and burn moment of the taxes where it seems it could go either way--$1,000 rebate! $500 loss!

Mary (Mary), Thursday, 14 April 2005 19:45 (nineteen years ago) link

I've spent all week trying to whittle away a bunch of contract-work income so I don't wind up paying a ton; I'm down to around $900 out-of-pocket, which is nearly everything I have to spare. I really, really should have put teeth on the bullet and had an accountant do this. I'm fairly positive I could wipe out half of what I owe by folding in a bunch of perfectly-legitimate self-employment-type expenses, but I'm still at a loss as to how to work it -- barring a major mental breakthrough tonight, tackling this myself will turn out to have been a big mistake.

nabisco (nabisco), Thursday, 14 April 2005 19:54 (nineteen years ago) link

put a big ass amount on schedule C, file it, and pray

kyle (akmonday), Thursday, 14 April 2005 22:17 (nineteen years ago) link

Nabs, can you conveniently forget to declare some of the income?

Mary (Mary), Thursday, 14 April 2005 22:20 (nineteen years ago) link

I got an app $1100 federal refund but owe $991 to state and paid an accountant $100 so I think I came out ahead $11. This is even with like $7000 in deductibles.

h0t h0t h0rsey (Carey), Thursday, 14 April 2005 22:23 (nineteen years ago) link

i have an awesome accountant. last year i had paid zero taxes -- was on unemployment for part of the year, and made about $20k from freelancing. my accountant got me a $1500 refund. this year half my income had been taxed, have had not, and he got me a $1200 refund. my girlfriend, however, did not get off so easy. she owes $6k thanks to the freelance lifestyle, tho, truth be told, it could've been worse. (my roommate, who makes far less money than her, owes $10k.)

Jams Murphy (ystrickler), Thursday, 14 April 2005 22:44 (nineteen years ago) link

My taxes somehow worked out so that NYS owed me more money than I paid them. This seems wrong but I've been assured it's within the realm of normal. I'll probably get fucking audited. Which would be hilarious, I mean a person with $8000 taxable income abouts getting audited.

Allyzay Subservient 50s-Type (allyzay), Thursday, 14 April 2005 23:48 (nineteen years ago) link

We had an issue where the IRS kept saying we owed money that had already been paid long before. We had the receipts and everything, yet every two to three months we went through the cycle of getting a letter in the mail stating we still owed the money > logging in to see that indeed the payment had been made but was listed as "processing" > waiting on hold for two hours for a rep to confirm we had been paid and no need to worry, the system was just lagging behind due to the pandemic backlog > getting another letter stating we owed the money > rinse and repeat for about 16 months before it was finally resolved.

Maxmillion D. Boosted (jon /via/ chi 2.0), Tuesday, 30 April 2024 21:23 (six days ago) link

Ugh … sorry.., I mean I don’t work for the IRS so it’s not my fault but

sarahell, Tuesday, 30 April 2024 22:00 (six days ago) link

_The IRS fairly primitive computer system_

every year I get a letter from them about 1099s and it's like "Sorry, but the name doesn't match the SSN#" and invariably the name DOES match the actual SSN# but their 1953 scanners read the name and/or SS number wrong


Do you handwrite them or something??

sarahell, Tuesday, 30 April 2024 22:00 (six days ago) link

hey guys did you know I'm so baller that in addition to working my full-time job, I made $14,000 in non-employee compensation from DoorDash in 2022?

Me neither! but the IRS seems to think I did!

RICH BRIAN (Neanderthal), Thursday, 2 May 2024 20:24 (four days ago) link

(i'm not actually even stressed, I'm giggling .....clearly someone fucked up)

RICH BRIAN (Neanderthal), Thursday, 2 May 2024 20:25 (four days ago) link

i may have questions for this thread as I report this obvious mistake.

RICH BRIAN (Neanderthal), Thursday, 2 May 2024 20:26 (four days ago) link

Did someone steal your SSN# or something?

Andy the Grasshopper, Thursday, 2 May 2024 20:27 (four days ago) link

i think if someone outright stole it, I'd have noticed before now. but I am checking my credit report just in case.

feel like it's more a case of someone who was keying in an SSN made a one digit error, but who knows.

RICH BRIAN (Neanderthal), Thursday, 2 May 2024 20:32 (four days ago) link

apparently this is a thing that has happened to other people though:

https://www.reddit.com/r/IRS/comments/18rk1gu/someone_used_my_wifes_social_for_doordash/

RICH BRIAN (Neanderthal), Thursday, 2 May 2024 20:35 (four days ago) link

Yeah, it's not like DoorDash requires you to show the actual SS Card - you can probably tell them any old number

years ago I worked at design firm and we briefly had a contractor from eastern europe.. I kept asking her to complete the W-2 (she claimed her SSN# was 'private') and when she finally handed it back to me, her SSN# was XXX-XX-1234 .. literally 1234 were the last four digits. Huh, what are the chances of that?

Andy the Grasshopper, Thursday, 2 May 2024 20:39 (four days ago) link

CONFIRMED - IDENTITY STOLEN.

looked at the transcripts and you can see the address that Doordash had for me is one I've never had in history. this should be a fairly easy process to dispute as I can prove on my own credit report I've never lived there. have set up credit freeze and fraud alert on my account. have all of the forms ready to go.

RICH BRIAN (Neanderthal), Thursday, 2 May 2024 21:58 (four days ago) link

shit, that sucks! Nothing with the IRS is ever quick & easy, tho

Andy the Grasshopper, Thursday, 2 May 2024 22:01 (four days ago) link

they haven't met a guy with infinite patience to be annoying like me before

RICH BRIAN (Neanderthal), Thursday, 2 May 2024 22:20 (four days ago) link

You will end up getting an IP PIN that they will send you each year until you die

sarahell, Thursday, 2 May 2024 22:35 (four days ago) link

bleh.

looks like the guy got deactivated eons ago but may have actually been using my DoorDash account. cunning.

FTC report and IRS ID theft report filed electronically, just gotta respond to the CP2000 now.

RICH BRIAN (Neanderthal), Thursday, 2 May 2024 22:38 (four days ago) link

jeeeeezus

the talented mr pimply (Alfred, Lord Sotosyn), Thursday, 2 May 2024 23:11 (four days ago) link

Doordash replied with what seems like a form letter to indicate yes it was fraud and they deactivated the account. apparently this happens so much at their great, well-run company that they already have a template for it.

welp that'll make my claim with IRS easier.

RICH BRIAN (Neanderthal), Friday, 3 May 2024 20:54 (three days ago) link


You must be logged in to post. Please either login here, or if you are not registered, you may register here.