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Just did My Taxes

armilitearmilite Member Posts: 35,478 ✭✭✭

I'm getting back about $200 less than last year on a $2000 income increase. Figured I'd get ripped off more. I just wonder how much more of my taxes are going towards all those illegal immigrants since we are paying for them.

Comments

  • NeoBlackdogNeoBlackdog Member Posts: 16,462 ✭✭✭✭

    My wife's getting ready to do ours. If it's close to last year's we'll get about $2000 back. That, plus a little, is going to put a new Minn Kota Terrova on the boat!

  • dcon12dcon12 Member Posts: 31,926 ✭✭✭✭

    I had to pay $477.00, up from $454.00 last year. Don

  • armilitearmilite Member Posts: 35,478 ✭✭✭
    edited February 4

    We're getting back just under $3500 total, don't have any plans on spending it other than paying off 1 credit card. but because I use it to pay off anything I buy on line I'll always have some kind of balance on it every month. I use it to pay my medicines, my monthly TV, internet and home phone as well as Amazon purchases etc.

  • SW0320SW0320 Member Posts: 2,372 ✭✭✭✭

    I will take all of those. Being self employed for the last 35 years I don’t know what a refund is and even wish I had some of the payments stated here.

  • Rocky RaabRocky Raab Member Posts: 14,050 ✭✭✭✭

    We got money back last year; first time in decades. But only because we had pre-paid massive estimated quarterlies and the market slumped. With this year's tax changes, who knows? We don't usually get to the accountant until March due to late-arriving forms.

    I may be a bit crazy - but I didn't drive myself.
  • BobJudyBobJudy Member Posts: 6,410 ✭✭✭✭

    That's usually when we do ours Rocky. I've only had to do amended forms twice in my life and that was 2 times to many. Bob

  • yoshmysteryoshmyster Member Posts: 20,812 ✭✭✭✭

    bidenomics and inflation.

  • MobuckMobuck Member Posts: 13,682 ✭✭✭✭

    Grouch Attack has been working on ours. First time in decades she hasn't waited until 'the eleventh hour'. We're still receiving W-2 and 1099 forms so the tax preparer is adding as received. USDA and Civil Service got their W-2 forms out at least a month earlier than last year. Considering the costs of recovering from the extensive 2022 fire loss, it's reasonable to expect a big refund. No idea of the final outcome.

  • armilitearmilite Member Posts: 35,478 ✭✭✭

    Well I did my taxes on Sunday and Thursday I received my state payment.

  • Rocky RaabRocky Raab Member Posts: 14,050 ✭✭✭✭

    You mean you got back a small amount of your money that they've been using interest-free for a year, right?

    I may be a bit crazy - but I didn't drive myself.
  • ruger41ruger41 Member Posts: 14,645 ✭✭✭

    Did ours today. Because of overtime for my wife & I and some casino winnings we netted about $1100. Most of that’s going to a new computer since the old one took a fall and would cost almost as much to repair it as to just get a new one. I keep telling my wife when she wins to have them take the taxes right then so I don’t have to deal with it now. So the Feds got their end from her winning in WA and OR and the State of Oregon got us for $46 lol.

  • neacpaneacpa Member Posts: 2,698 ✭✭✭

    Unless the increase in someone's wages is because of a bonus or large commission, very rarely will withholding on a pay increase keep up with the tax rate. So, most of the time, when one's payroll increases their refund will decrease or they wind up owing more, whichever their case may be. Plus, if they are drawing SS and having to pay tax on that SS but not paying on the max 85% of the SS, then that increase of income will drag along more of the SS they have to pay on and will cost them even more taxes.

  • SW0320SW0320 Member Posts: 2,372 ✭✭✭✭
    edited February 11

    You can tack onto that paying extra for you Medicare every month if your income is over a certain amount. Or the real kicker, if you are collecting SS, you are over full retirement age and still working you get to pay into SS and your monthly SS benefit does not ever increase for the addl. payments into SS.

  • Rocky RaabRocky Raab Member Posts: 14,050 ✭✭✭✭

    Ruger, look into a refurbished business-class computer from Woot or NewEgg. You can get a very good machine, with warranty, for about half price.


    Of course, I'd be remiss if I didn't also suggest you immediately dump its Windows and install Linux Mint. But nobody ever takes that advice.

    I may be a bit crazy - but I didn't drive myself.
  • waltermoewaltermoe Member Posts: 1,771 ✭✭✭✭
    edited February 11

    I try to keep my return at zero, and if I would pay a couple hundred or so that’s ok as well. I know it’s nice to get a return, but it was my money in the first place. I would just as soon kept it through the year rather than Uncle Sam and made interest on it some how. The other tax’s are the ones that hurt, property tax, school taxes, just no end to the little taxes here and there.

  • tsavo303tsavo303 Member Posts: 8,881 ✭✭✭

    😵😲🙄how much do you owe Ukraine?

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