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 Tax returns...

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nasty187
STiedVR4Guy
Disgustang
OJDAJUICEMAN
HoosierDaddy
240sxguy
Bod89lx
XSFTLBS
MikeyT
2jz-U-Ltr
408 4 Eye
347 LX
16 posters
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347 LX
Legit
347 LX


Posts : 481
Join date : 2010-05-21
Age : 48
Location : Beaver dam

Tax returns... Empty
PostSubject: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 5:46 pm

How much is everybody getting? We ar getting back just over $8500. Unfortunately, I Only get a small amount to spend on the mustang.
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408 4 Eye
Legit
408 4 Eye


Posts : 1689
Join date : 2010-05-05
Age : 48
Location : De Forest

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 6:40 pm

Take all of it for the car!
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2jz-U-Ltr
Admin
2jz-U-Ltr


Posts : 4293
Join date : 2010-03-08

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 7:03 pm

347 LX wrote:
How much is everybody getting? We ar getting back just over $8500. Unfortunately, I Only get a small amount to spend on the mustang.

A lot less than that. I do my best to zero out with nothing owed and no return every year but it's tricky.
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MikeyT
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MikeyT


Posts : 3170
Join date : 2010-01-27
Location : Madison

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 7:06 pm

Well this year we owe! Sad

Mike
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XSFTLBS
Legit
XSFTLBS


Posts : 2876
Join date : 2010-01-27
Age : 43
Location : In the fucking garage again.

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 7:38 pm

Never owed once. We'll be getting back right around 4K. I have a laptop to buy, and some misc thing to get. I'll be dumping more in the car come march or so.
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Guest
Guest




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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 8:09 pm

I never get enough back, but the last couple years have been better thanks to itemized deductions.

This year's return (if I don't have to pay in) will be one step closer to being completely debt free Cool
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Bod89lx
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Bod89lx


Posts : 1866
Join date : 2010-02-08
Location : 1042 Feet above sea level

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 8:16 pm

I should be able to buy 3 things from the dollar menu with mine.
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Guest
Guest




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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 8:17 pm

I'm getting back enough to allow for some really shitty spending...
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2jz-U-Ltr
Admin
2jz-U-Ltr


Posts : 4293
Join date : 2010-03-08

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 8:18 pm

Bod89lx wrote:
I should be able to buy 3 things from the dollar menu with mine.

Then you're smart and planned it just right.
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240sxguy
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Posts : 2914
Join date : 2010-01-27
Age : 44
Location : Oregon

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 8:22 pm

Peaches; How did you calculate basically breaking even? I get back quite a bit every year, and would love to have that over the span of the year instead with the rugrat coming along.
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2jz-U-Ltr
Admin
2jz-U-Ltr


Posts : 4293
Join date : 2010-03-08

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 8:29 pm

Well you're going to have to forecast all your potential deductions which is going to be tough for you this coming year. I just got my return back and had my tax person estimate my tax return for next year based on a certain income level that I expect and then I will adjust my with holdings a little bit (staying in the safe side) to try and get as close to zero as possible. Mine is easy because I don't own a house, contribute to a medical fund or have child care costs. Yours is going to be a lot harder to estimate.
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240sxguy
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Posts : 2914
Join date : 2010-01-27
Age : 44
Location : Oregon

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 8:33 pm

Thanks for the encouragement! LMAO.

I guess I had better talk to an accountant.
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2jz-U-Ltr
Admin
2jz-U-Ltr


Posts : 4293
Join date : 2010-03-08

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 8:37 pm

Haha dude it's a lot to account for when you start claiming dependents, child care, medical funds, property tax interest, all kinds of new things for you to consider this year my friend!!!
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408 4 Eye
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408 4 Eye


Posts : 1689
Join date : 2010-05-05
Age : 48
Location : De Forest

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 8:37 pm

Im getting enough to buy a pool for the back yard. Might be enough left to replace a couple worn items on the car.
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2jz-U-Ltr
Admin
2jz-U-Ltr


Posts : 4293
Join date : 2010-03-08

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 8:40 pm

Tax returns... Mob-whitetrash1

I'll be bringing my pork tits girlfriend

Tax returns... Baconbikini1-300x199


Last edited by Peaches on Wed Feb 09, 2011 9:50 pm; edited 1 time in total
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HoosierDaddy
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Posts : 3475
Join date : 2010-08-09

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 9:21 pm

I only made $1,700 on paper last year. So I caNt imagine that ill get much back. A friend of mine gets 10-20k back. I don't see how that's possible. Buy what ever lol
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OJDAJUICEMAN
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OJDAJUICEMAN


Posts : 2189
Join date : 2010-01-30
Location : Candy Mountain

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 9:48 pm

being a student is huge, as is owning a house, as mortgage interest is deductible. but the single white man without a mortgage or being a student gets the perverbial fuck you from the IRS.
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Disgustang
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Disgustang


Posts : 4589
Join date : 2010-01-26
Age : 45

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 10:14 pm

408 4 Eye wrote:
Im getting enough to buy a pool for the back yard. Might be enough left to replace a couple worn items on the car.

Another one!?!?! rich mother fucker needs two pools?
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STiedVR4Guy
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STiedVR4Guy


Posts : 1686
Join date : 2010-01-26
Age : 35
Location : Sun Prairie

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 10:35 pm

Pay off loans.
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HoosierDaddy
Legit



Posts : 3475
Join date : 2010-08-09

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 10:39 pm

STiedVR4Guy wrote:
Pay off loans.


Well that sounds like no fun !
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Disgustang
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Disgustang


Posts : 4589
Join date : 2010-01-26
Age : 45

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 10:39 pm

save what ever we can for a DP on a new house...... anyone looking to buy a nice house?
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STiedVR4Guy
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STiedVR4Guy


Posts : 1686
Join date : 2010-01-26
Age : 35
Location : Sun Prairie

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 10:40 pm

Its not, but both of my cars run well so I get to enjoy them year round so I'm not complaining.
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nasty187

nasty187


Posts : 304
Join date : 2010-10-10
Location : FDL WI

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 10:47 pm

Getting around 6k...wife wants a new tv.The rest is car money,but i paid some loans off so.Got about 3500 left.Which will fund few things....
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http://www.ripsnortin.net
Mclovin23
Legit
Mclovin23


Posts : 2141
Join date : 2010-01-26
Age : 35
Location : Woodstock, GA

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 11:46 pm

mine is paying off the large credit card bills that my shitty car costed me over the last year. but unfortunately it still wont be enough. lol
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JamesZ28
Legit
JamesZ28


Posts : 520
Join date : 2010-04-05
Age : 34
Location : Waupun, WI

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PostSubject: Re: Tax returns...   Tax returns... Icon_minitimeWed Feb 09, 2011 11:47 pm

$21...not joking Sad
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