Did my taxes today Owe $3,000

**FORD RECOVERY EXPERT** · 03-11-2009, 02:19 PM

I got 7k back

**CGLHawk260** · 03-11-2009, 02:40 PM

I owe 13,000

**SAVAGE INDIAN** · 03-11-2009, 02:48 PM

Originally Posted by CGLHawk260

I owe 13,000

u NEED 2 PAY QUARTERLY...NIGGA!!!

**Another WS6 Guy** · 03-11-2009, 02:51 PM

Originally Posted by CGLHawk260

I owe 13,000

Damn... sfybal.

**CGLHawk260** · 03-11-2009, 03:07 PM

Last year I cut my losses in the stock market with my IRA at %15 paid off my loans. As soon as the gov got involved and started to bail out everyone i bailed. Taxes are going to go through the roof, rather pay now then pay 35% 20 years from now. Instead of borrowing and spending I cleaned up my balance sheet.

**cammed goat** · 03-11-2009, 03:12 PM

Originally Posted by ls1camino

This is why you STAY SINGLE.

Fixed.

**Pulse Red GTO** · 03-11-2009, 03:20 PM

That is the only advantage to not making much money!! We got back almost $3,700. That sucks though, we got hit with that last year, my wife had 2 extra part time jobs & they didn't take hardly anything out that them for taxes!

**chuckie669** · 03-11-2009, 03:20 PM

Dayum that sux. Haven't heard if I'm getting anything back yet. Sure hope so

**gwballin** · 03-11-2009, 03:22 PM

Originally Posted by Pulse Red GTO

my wife had 2 extra part time jobs & they didn't take hardly anything out that them for taxes!

That is because that is how she instructed them to withhold.

**cammed goat** · 03-11-2009, 03:24 PM

I'm getting a little over $900 back from fed and a little over $100 from state. I was hoping for more, but, when you're single, the gov't taxes you out the ass. But, I am waiting for the property tax check next. Will sit in the bank to acquire interest.

**KahanaReef** · 03-11-2009, 03:31 PM

Californians are getting IOU's from the state...

**DrMilhouse** · 03-11-2009, 03:34 PM

Originally Posted by Sarge

I paid over $1.5MM and will owe about $100K so STFU.

Fucking great! I would love to pay that much in taxes Sarge.

(just keep that in perspective when you're writing out that other $100K)

**dock** · 03-11-2009, 09:58 PM

Big tax returns are a negative return, not income or a windfall. You should try to break even or even pay at the end of the year (like you are now), not provide the gov't with an interest free loan.

It's your money. Put it to work for YOU, no matter how much or how little.

**Sarge** · 03-12-2009, 02:29 AM

Originally Posted by DrMilhouse

Fucking great! I would love to pay that much in taxes Sarge.

(just keep that in perspective when you're writing out that other $100K)

It is all relevant man....

**chiller2484** · 03-12-2009, 05:42 AM

me and my wife got $4500 from fed and $1300 from state. was afraid we weren't going to get the state refund b/c of lack of funds. they announced that checks were to be withheld for a little while until people started paying in their taxes, then refunds would be mailed out. i got lucky as we filed before that announcement

**chiller2484** · 03-12-2009, 05:43 AM

Originally Posted by dock

It's your money. Put it to work for YOU, no matter how much or how little.

How do you suggest?

**FasstChevys** · 03-12-2009, 05:58 AM

Originally Posted by CGLHawk260

I owe 13,000

I owed $13,000 a few years ago - I restructured stuff.

**FasstChevys** · 03-12-2009, 06:01 AM

Originally Posted by SAVAGE INDIAN

u NEED 2 PAY QUARTERLY...NIGGA!!!

Why? I paid in 13K a few years ago, and I haven't ever had to go to quarterly payments. I know of no such rule.

**JHayesLS1** · 03-12-2009, 06:27 AM

If I owed 13k I'd be restructuring the hell out of things.

**FasstChevys** · 03-12-2009, 06:29 AM

Originally Posted by JHayesLS1

If I owed 13k I'd be restructuring the hell out of things.

I made interest all year long on that 13K instead of Uncle Sam - it worked out for me. I just decided that I didn't want to have that kind of money laying around and get a dumb idea and spend some of it and not have enough at tax time, so I restructured.