Getting 2.4k back :0
Gonna buy one of these
Getting 2.4k back :0
Gonna buy one of these
We used to get undertaxed at one of my jobs so changed my status as married but withhold at a higher single rate, works well for us being married with no kids and no dependents.
We usually get about $2500 back between state and federal.
This year was 724 back on Fed, 800 on State, and my 3 months of driving Uber/Lyft, I had 800 set aside for taxes, deductions made my tax liability for them about $100 bucks which our existing withholding's covered. Feels good man.
For the last 8 years before this year always went to a CPA because we owned rental property and neither wife or I wanted to deal with all the details that went along with it. Since we sold all that off at the end of 2015 I figured I try it myself this year. Used Credit Karma tax. I was really pleased at how easy it was to use and it was completely free (didn't notice any restrictions based on salary). It will walk you through a bunch of questions and if you answer yes it will take you to where you need to fill in the numbers. Pretty much every field had a help button that would tell you what form you needed to fill it out and where to look on that form. Will definitely be going back to that next year assuming it's still offered.
Getting back over $4k combined for the first time I can remember, thanks kids and nearly crippling student loan interest!
We're going to HR Block tomorrow. It's our first year married and idk if we're withholding correctly. Plus, my wife withdrew from a retirement account and we're unsure how we'll be taxed on it. Hopefully last year of HR.
Any tips for us Canadians? Going to hurt this year. Made 40% more previous year.
Sent from my iPhone using Tapatalk
First year married, had some investment changes and a couple weird tax things to handle so went to H&R with a lady we've known for years. Getting just over 8k back and 1k state for our first time joint filing, gonna make some changes at our employers so we stop paying so much. Found a nice education credit at least.
Next year we'll do ourselves. I've had years where she has beaten out turbotax by a few hundred and years she is the same, now that the big stuff is over with we can comfortably avoid her.
Need to figure out what to do with her old 401k though. Could toss it into her current 403b or roll into a IRA/Roth. It's not much though so might just go 403b.
Getting $2150 back this year, thanks EIC!
Sent from my SM-G935P using Tapatalk
Another year of paying into shit back. Fuck taxes.
E-5 Military and a kid.
I think it's great some people get the tax credits and kid credits but fuck sometimes it's annoying .
Just tired of hearing how " rich" people are after taxes just to blow it on garbage then complain the rest of the year how poor they are and can't afford shit for themselves or their kids. On the average I question people to begin with and have unfortunately personally known people to try be have more kids before year end just to get more money. Like what in the actual fuck - what about the next 18+ years of providing the necessities among unforeseen situations and shit. Yet if you choose not to have them or can't you don't get shit back at one point, or on the flip side if you are too successful. It's a fucking racket all around but hearing my coworkers getting $3k-6k back then bitch about things the rest of the year is annoying.
I admit I haven't been the smartest with my finances all my life and learned some hard lessons but it boggles my mind how those with others to support can be so frivolous then want outside help without looking at the bigger picture. It's official I've become bitter lol.
So you're mad that people are stupid.
It seems we have much in common.
Putting in my info and looks like we owe 1k. Kinda my fault as the beginning of the year for like a month hubby was on unemployement so I took deductions based on that, then forgot to change it once he got the job.
I have a question about this though:
I haven't submitted yet because I am still researching.
Had a kid on December 12th of last year. He's basically free money.
Re: Student loans
When you make above a certain amount you can't claim 'em.
Once I hit that level I was like "Yeah fuck these, paying them off"
Not sure if this was mentioned, but freetaxusa.com has a coupon code for 10% off too XD FREETAXUSA10. Only like $1.10 tho, but that's still like 4 chicken nuggets!