+ Reply to Thread
Page 1 of 3 1 2 3 LastLast
Results 1 to 20 of 58
  1. #1
    I Am, Who I Am.
    Join Date
    Nov 2005
    Posts
    15,659
    BG Level
    9
    FFXIV Character
    Trixi Sephyuyx
    FFXIV Server
    Excalibur
    FFXI Server
    Ragnarok

    GM Taxes 2016 - Do it yourself.

    It's that time of the year again where you should probably start doing your taxes very soon; People who file by the end of Jan usually get their returns within a couple of weeks, and if you wait much longer (mid march), you're looking at a month plus.

    Short of a friendly reminder, this also comes with a suggestion: Do it yourself! Even if you have a lot of weird tax things going on, most of the online services will walk you through it.

    One season, many years ago I got pissed at a CPA charging me FOUR HUNDRED DOLLARS to do my taxes, and since then i've been doing them my own. It takes a few hours the first time, but once you know what you're doing it can really be done in 30 to 60 minutes (assuming you keep all of your tax related documents in one place, otherwise you'll be digging for them.. but you have to do this regardless).

    One change I made this year was switching AWAY from TurboTax. It seems they've been charging even more this year, and nickle and diming at every turn. You now have to pay to itemize, charge you extra if you have an HSA, and overcharge on state returns.

    In short, do your taxes yourself, and use https://www.freetaxusa.com - I switched to them this year and they are much much better than anything else out there, and only charge 12.95 in total.

    So, how much are people owing or getting back? An extra 2.5k in my pocket this year.

  2. #2
    Nidhogg
    Join Date
    Apr 2008
    Posts
    3,528
    BG Level
    7
    FFXIV Character
    Zeb Adiah
    FFXIV Server
    Hyperion

    Free tax USA only charges $12.95....

  3. #3
    The Second Coming
    Sweaty Dick Punching Enthusiast

    Join Date
    Dec 2015
    Posts
    1,715
    BG Level
    6

    Owe $1700. Bad year.

    Sent from my SM-G935V using Tapatalk

  4. #4
    The Anti Miz
    The Anti Miz of the House of Weave

    Join Date
    Feb 2007
    Posts
    27,697
    BG Level
    10

    Owe about 2.1 racks

    Been using freetaxusa since about 08. They used to only charge 9 bucks!

  5. #5
    Chram
    Join Date
    Sep 2007
    Posts
    2,612
    BG Level
    7
    FFXI Server
    Gilgamesh

    i tried using taxslayer this year but they wouldn't accept my payment and i couldn't be bothered to call support to get them to fix it. never heard of freetaxusa until right now, but anyway i'm glad that other site was shitty and broken because i just saved $30.

  6. #6
    Relic Horn
    Join Date
    Jan 2006
    Posts
    3,071
    BG Level
    7
    FFXI Server
    Sylph

    Used FreeTax since forever. Always gone smoothly with them.

  7. #7
    Burninate all the things.
    Join Date
    Apr 2008
    Posts
    2,942
    BG Level
    7

    Cosigning FreeTaxUSA. Been using them for years. Getting 2k clams back this time. Wow I'm poor.

  8. #8
    Ridill
    Join Date
    Apr 2011
    Posts
    16,862
    BG Level
    9
    FFXI Server
    Bahamut

    Taxslayer pretty good too. Aside from having a kick ass name it is or at least was 100% for military members if not it's still pretty cheap depending on version you choose. Previous years pretty sure only had classic and premium with classic having some small free I can't find like $20-30 can get it right out of the refund and direct deposit to bank is nice but this year there's also a free version that says it's 100% free unless you got multiple states

  9. #9
    Bagel
    Join Date
    Mar 2012
    Posts
    1,277
    BG Level
    6
    FFXIV Character
    Scrappy Doo
    FFXIV Server
    Sargatanas
    FFXI Server
    Asura

    Quote Originally Posted by tyven View Post
    Owe about 2.1 racks

    Been using freetaxusa since about 08. They used to only charge 9 bucks!
    Do you not have anything deducted from your paychecks or what

  10. #10
    The Anti Miz
    The Anti Miz of the House of Weave

    Join Date
    Feb 2007
    Posts
    27,697
    BG Level
    10

    Taxes 2016 - Do it yourself.

    Quote Originally Posted by Fondue View Post
    Do you not have anything deducted from your paychecks or what
    We have 0 withheld. wife and I just make slightly too much. Need to buy a fuckin house and get that mortgage interest deduction.

  11. #11
    Bagel
    Join Date
    Mar 2012
    Posts
    1,277
    BG Level
    6
    FFXIV Character
    Scrappy Doo
    FFXIV Server
    Sargatanas
    FFXI Server
    Asura

    Quote Originally Posted by tyven View Post
    We have 0 withheld. wife and I just make slightly too much. Need to buy a fuckin house and get that mortgage interest deduction.
    Is that a choice? Why would u do dat

  12. #12

    Sweaty Dick Punching Enthusiast

    Join Date
    Mar 2010
    Posts
    8,920
    BG Level
    8
    FFXI Server
    Quetzalcoatl

    Quote Originally Posted by tyven View Post
    We have 0 withheld. wife and I just make slightly too much. Need to buy a fuckin house and get that mortgage interest deduction.
    Or have a baby

  13. #13
    The Anti Miz
    The Anti Miz of the House of Weave

    Join Date
    Feb 2007
    Posts
    27,697
    BG Level
    10

    Quote Originally Posted by Fondue View Post
    Is that a choice? Why would u do dat
    you choose when you fill out your w-4. we have no children so we have maximum money taken out of our checks to go towards our taxes. It just happens that we are still a bit under taxed for what we make. It happens all too often in this terrible terrible country that is in desperate need of being great again.

  14. #14
    Bagel
    Join Date
    Mar 2012
    Posts
    1,277
    BG Level
    6
    FFXIV Character
    Scrappy Doo
    FFXIV Server
    Sargatanas
    FFXI Server
    Asura

    Is a rack 1k or 10k and what does 0 withheld mean

    If it's coming out anyways why wouldn't you withhold some so you don't get buttblasted for 20k later instead of like 2k

  15. #15
    The Anti Miz
    The Anti Miz of the House of Weave

    Join Date
    Feb 2007
    Posts
    27,697
    BG Level
    10

    a rack is 1k. 0 withholding is what most people without children have on their W-4. It determines how much money will be deducted from your paycheck to go toward taxes. The lower the number the more you pay. Read more here https://www.irs.com/articles/underst...hholding-taxes

  16. #16
    Bagel
    Join Date
    Mar 2012
    Posts
    1,277
    BG Level
    6
    FFXIV Character
    Scrappy Doo
    FFXIV Server
    Sargatanas
    FFXI Server
    Asura

    So you get your full paycheck and then have to pay the full year's tax amount at the end of the year?

  17. #17
    Burninate all the things.
    Join Date
    Apr 2008
    Posts
    2,942
    BG Level
    7

    You mean 0 exemptions, broven?

    Edit: claiming 0 exemptions on your w-4 results in maximum withholding, so maximum amount taken out of your paycheck every month.

    0 withholding is the other way around where you claim that you are entirely exempt from withholding (usually a check box) and get your full paycheck every month.

  18. #18
    Bagel
    Join Date
    Mar 2012
    Posts
    1,277
    BG Level
    6
    FFXIV Character
    Scrappy Doo
    FFXIV Server
    Sargatanas
    FFXI Server
    Asura

    That makes more sense

    also how many cats do i need to claim to get full exemptions

  19. #19
    The Anti Miz
    The Anti Miz of the House of Weave

    Join Date
    Feb 2007
    Posts
    27,697
    BG Level
    10

    Quote Originally Posted by Greatguardian View Post
    You mean 0 exemptions, broven?

    Edit: claiming 0 exemptions on your w-4 results in maximum withholding, so maximum amount taken out of your paycheck every month.

    0 withholding is the other way around where you claim that you are entirely exempt from withholding (usually a check box) and get your full paycheck every month.
    o ye sorry 4 confusion

  20. #20
    Ridill
    Join Date
    Apr 2011
    Posts
    16,862
    BG Level
    9
    FFXI Server
    Bahamut

    Quote Originally Posted by Fondue View Post
    That makes more sense

    also how many cats do i need to claim to get full exemptions
    Crazy cat lady levels

Similar Threads

  1. We've done it before, let's do it again!
    By Demosthenes11 in forum General Discussion
    Replies: 63
    Last Post: 2007-08-23, 03:08
  2. We've done it before, we can do it again!
    By ½pint in forum General Discussion
    Replies: 123
    Last Post: 2007-03-22, 17:12
  3. If I could do it all over again...
    By Septimus in forum General Discussion
    Replies: 34
    Last Post: 2006-03-27, 10:25