Taxes $*@K!!!!

04-13-2009, 10:07 PM

Now I know why I waited until tonight to do this

My eyes are bleeding

Chas

kaisersozei · 04-13-2009, 10:25 PM

I'm with ya, brother.

I was using TurboTax tonight and my wife got excited when she saw the green "refund" amount for both fed & state. Until I hovered over the "Taxes Paid" pop-up window. Then we puked.

Too late to smoke something tonight. Definitely will have to light one up tomorrow. In mourning.

04-13-2009, 10:30 PM

Right now the number on the left (fed) is $4899 RED and the number on the right (state) is 1187 RED.

I still have to do some of the business expenses and some deductions so at this point I'm just shooting for EVEN, forget the already paid in number

Chas

MedicCook · 04-13-2009, 10:36 PM

Can you claim your cigars as dependants?

lightning9191 · 04-13-2009, 10:41 PM

Quote:

Originally Posted by ChasDen

Right now the number on the left (fed) is $4899 RED and the number on the right (state) is 1187 RED.

I still have to do some of the business expenses and some deductions so at this point I'm just shooting for EVEN, forget the already paid in number

Chas

Ouch! That sucks!

alley00p · 04-13-2009, 10:55 PM

Chuck, you got me worried now....

I haven't even started mine yet!

I think I'll have a scotch!!

.

shvictor · 04-13-2009, 11:51 PM

I used to have to send out a big check every year on my birthday to the IRS. Thank God I'm poor now. They send me one

04-14-2009, 12:29 AM

Quote:

Originally Posted by MedicCook

Can you claim your cigars as dependants?

Well..... No but .....

Some are business expenses

Chas

Scottw · 04-14-2009, 09:27 AM

Finished mine up last night as well. $5000 + for Fed (refund), $2k+ State refund. I was pretty pleased althoughwe did spend $22k on medical this year with my daughter in and out of the hospital. OUCH!!!

04-14-2009, 09:28 AM

Just bend over and grab your ankles.

White97Jimmy · 04-14-2009, 10:27 AM

Ha, I only owed $800 this year.

I don't think I've received a refund in almost a decade.

hotreds · 04-14-2009, 10:51 AM

Happily, hotredsmama does these in January! So, no worries- we got a small refund, to boot.

It Really Sucks

BigAl_SC · 04-14-2009, 11:08 AM

I'm still in the red on both but it's down to manageable. First time my business has made lots of profit. I raised our payments to counter in June but didn't count on the self employment tax (SS) so its hurting.

Silound · 04-14-2009, 11:41 AM

Meh, I haven't seen a green number since I was 18.

This year I owed about $200 in, but that's because I try to balance my withholdings to always stay between 100-500 in the red. I don't like giving the gov an interest free loan for a year.

04-14-2009, 11:09 PM

Well after all the squeezing, 2K MORE owed to the feds and $7 to the state

Makes me sick,

Chas

Ratters · 04-15-2009, 12:08 AM

Yeah, it's funny how people talk about the money they are getting back when what they should be looking at is how much they paid and thinking, "did I get my money's worth?"

That said, I pay an accountant to do mine. Best money I spend each year.

Oh, and thanks to all of you for the $8k I'm getting this year for buying house. Much appreciated.

cbsmokin · 04-15-2009, 01:06 PM

Well, all you SOB's are welcome because you are getting my money. I could have funded everyone on this page so far, multiple times.

And to answer above, NO I did not get my money's worth!

ade06 · 04-15-2009, 01:14 PM

Yeah, we did our taxes a few weeks ago, but we will file today. We ended up owning about $1,600. Taxes suck, but how else will the octomom and her football team survive?

mosesbotbol · 04-15-2009, 01:28 PM

Paid 10 Habanos to get mine done.

poker · 04-15-2009, 01:42 PM

Quote:

Originally Posted by ChasDen

Right now the number on the left (fed) is $4899 RED and the number on the right (state) is 1187 RED.

I still have to do some of the business expenses and some deductions so at this point I'm just shooting for EVEN, forget the already paid in number

Chas

I could only wish thats only how much I owed.

04-13-2009, 10:07 PM	#1
ChasDen Guest Posts: n/a	*Taxes $@K!!!!** Now I know why I waited until tonight to do this My eyes are bleeding Chas

04-13-2009, 10:25 PM	#2
kaisersozei The Homebrew Hammer Join Date: Oct 2008 First Name: Gerard Location: Midlothian, VA Posts: 3,183 Trading: (40)	*Re: Taxes $@K!!!!** I'm with ya, brother. I was using TurboTax tonight and my wife got excited when she saw the green "refund" amount for both fed & state. Until I hovered over the "Taxes Paid" pop-up window. Then we puked. Too late to smoke something tonight. Definitely will have to light one up tomorrow. In mourning. __________________

04-13-2009, 10:30 PM	#3
ChasDen Guest Posts: n/a	*Re: Taxes $@K!!!!** Right now the number on the left (fed) is $4899 RED and the number on the right (state) is 1187 RED. I still have to do some of the business expenses and some deductions so at this point I'm just shooting for EVEN, forget the already paid in number Chas

04-13-2009, 10:36 PM	#4
MedicCook Mila smoked my cigar Join Date: Jan 2009 First Name: Ryan Location: Schaghticoke, NY Posts: 10,946 Trading: (7)	*Re: Taxes $@K!!!!** Can you claim your cigars as dependants?

04-13-2009, 10:55 PM	#6
alley00p Adopted MassHole Join Date: Oct 2008 First Name: Charlie Location: HOCKEYTOWN! Posts: 1,770 Trading: (41)	*Re: Taxes $@K!!!!** Chuck, you got me worried now.... I haven't even started mine yet! I think I'll have a scotch!! . __________________ Alley00p - I may be a FOG, but I'm still trying to dance!! Just don't trip over my cane!

04-13-2009, 11:51 PM	#7
shvictor Instigator Join Date: Oct 2008 First Name: Steve Location: Lathrop, CA Posts: 2,846 Trading: (40)	*Re: Taxes $@K!!!!** I used to have to send out a big check every year on my birthday to the IRS. Thank God I'm poor now. They send me one __________________

04-14-2009, 09:27 AM	#9
Scottw Going Commando Join Date: Oct 2008 First Name: Scott Location: Sussex, NJ Posts: 2,815 Trading: (6)	*Re: Taxes $@K!!!!** Finished mine up last night as well. $5000 + for Fed (refund), $2k+ State refund. I was pretty pleased althoughwe did spend $22k on medical this year with my daughter in and out of the hospital. OUCH!!! __________________ "Ray when someone asks you if your a GOD you say yes."

04-14-2009, 09:28 AM	#10
Tombstone Guest Posts: n/a	*Re: Taxes $@K!!!!** Just bend over and grab your ankles.

04-14-2009, 10:27 AM	#11
White97Jimmy Puff on this Join Date: Oct 2008 First Name: James Posts: 195 Trading: (1)	*Re: Taxes $@K!!!!** Ha, I only owed $800 this year. I don't think I've received a refund in almost a decade.

04-14-2009, 10:51 AM	#12
hotreds Ephesians 2:8 Join Date: Oct 2008 Location: 5 miles past "Resume Speed" Posts: 11,662 Trading: (63)	*Re: Taxes $@K!!!!** Happily, hotredsmama does these in January! So, no worries- we got a small refund, to boot. It Really Sucks __________________ God loves you so much, that he made you read this, just to let you know.

04-14-2009, 11:08 AM	#13
BigAl_SC The last mango in Paris Join Date: Oct 2008 First Name: Alan Location: Simpsonville, SC Posts: 213 Trading: (7)	*Re: Taxes $@K!!!!** I'm still in the red on both but it's down to manageable. First time my business has made lots of profit. I raised our payments to counter in June but didn't count on the self employment tax (SS) so its hurting. __________________ Coldblooded,calculation,unprincipled,usurper, without a virtue,knowing nothing of commerce,political economy,or civil government,and supplying ignorance by bold presumption. Thomas Jefferson

04-14-2009, 11:41 AM	#14
Silound ex-CS Swamp Gorilla Join Date: Nov 2008 Location: Somewhere in a swamp, south of sanity Posts: 802 Trading: (15)	*Re: Taxes $@K!!!! Meh, I haven't seen a green number since I was 18. This year I owed about $200 in, but that's because I try to balance my withholdings to always stay between 100-500 in the red. I don't like giving the gov an interest free loan for a year. __________________ Back in black, and better than ever! You can't keep a good gorilla down! LSU** Geaux Tigers!

04-14-2009, 11:09 PM	#15
ChasDen Guest Posts: n/a	*Re: Taxes $@K!!!!** Well after all the squeezing, 2K MORE owed to the feds and $7 to the state Makes me sick, Chas

04-15-2009, 12:08 AM	#16
Ratters Have My Own Room Join Date: Oct 2008 Posts: 1,848 Trading: (2)	*Re: Taxes $@K!!!!** Yeah, it's funny how people talk about the money they are getting back when what they should be looking at is how much they paid and thinking, "did I get my money's worth?" That said, I pay an accountant to do mine. Best money I spend each year. Oh, and thanks to all of you for the $8k I'm getting this year for buying house. Much appreciated.

04-15-2009, 01:06 PM	#17
cbsmokin Looking for the Apex Join Date: Oct 2008 First Name: Craig Location: In da ATL Posts: 880 Trading: (10)	*Re: Taxes $@K!!!!** Well, all you SOB's are welcome because you are getting my money. I could have funded everyone on this page so far, multiple times. And to answer above, NO I did not get my money's worth! __________________ Check out C.A.R.B. IV http://www.cigarasylum.com/vb/showth...840#post879840

04-15-2009, 01:14 PM	#18
ade06 Have My Own Room Join Date: Jan 2009 First Name: Ade Location: Philadelphia Posts: 1,190 Trading: (24)	*Re: Taxes $@K!!!!** Yeah, we did our taxes a few weeks ago, but we will file today. We ended up owning about $1,600. Taxes suck, but how else will the octomom and her football team survive?

04-15-2009, 01:28 PM	#19
mosesbotbol That's a Corgi Join Date: Oct 2008 First Name: Moses Location: Boston Posts: 6,171 Trading: (6)	*Re: Taxes $@K!!!!** Paid 10 Habanos to get mine done. __________________ Port Wine & Claret \| British Cars \| Welsh Corgi's