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Old January 20th, 2010, 10:32 PM   #1
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Default I hate taxes...

So this year i made a whopping $9760.59 and paid $605.13 in social security, and had $350 fed tax withheld and $424 state tax withheld. According to turbotax i still owe $58? WTF a kid that i worked with made a little over 10k and is getting back nearly $500. My parents claim me as a dependent, but so does the kid i work with. Does this sound weird to anyone else? In the past i've never had to pay anything but always have gotten at least a few hundred dollars.
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Old January 20th, 2010, 10:35 PM   #2
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Did you claim an exemption? is he under 16?
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Old January 20th, 2010, 10:35 PM   #3
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Did you claim 0 on your W4?
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Old January 20th, 2010, 10:38 PM   #4
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he's 21 and i'm 19. I don't know what i put but i know we put the same though.
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Old January 20th, 2010, 10:39 PM   #5
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yeah that sucks know the feeling...this is the first year i actually made some money and get to claim myself...hopefully i will get some$$ back

As for you i would make about as much as you in years past and get about 300-400 back but i claimed 0 on the w-4
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Old January 20th, 2010, 10:57 PM   #6
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wait till you grow up and all of those numbers go much higher
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Old January 20th, 2010, 11:01 PM   #7
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Quote:
Originally Posted by Yota Bill View Post
wait till you grow up and all of those numbers go much higher
x10
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Old January 20th, 2010, 11:04 PM   #8
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yea hopefully when that time comes i'll actually be on the receiving end
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Old January 20th, 2010, 11:04 PM   #9
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wait till you grow up and all of those numbers go much higher
x2.

Income tax used to piss me off to the point of anger when I was single. Single people that don't own a home get fucked on taxes. Not anymore with a shitload of dependents and deductions.
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Old January 20th, 2010, 11:08 PM   #10
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x2.

Income tax used to piss me off to the point of anger when I was single. Single people that don't own a home get fucked on taxes. Not anymore with a shitload of dependents and deductions.
yeah i don't own a home...next year
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Old January 20th, 2010, 11:15 PM   #11
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yea hopefully when that time comes i'll actually be on the receiving end

with the IRS, you are ALWAYS on the recieving end
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Old January 20th, 2010, 11:19 PM   #12
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with the IRS, you are ALWAYS on the recieving end
not this time...
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Old January 20th, 2010, 11:25 PM   #13
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x10
No. more like x100k.

I'm trying very hard to not go on a 5,000 word fukc the IRS rant.
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Old January 20th, 2010, 11:25 PM   #14
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Who do you owe the $58 to? State/Fed/both?

Fucking state taxes always come out of the left field for me, and I end up owing. And yes, my withholdings are what they should be for my status.
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Old January 20th, 2010, 11:25 PM   #15
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guess you need to grow up some more before that statement makes any sense to you
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Old January 20th, 2010, 11:27 PM   #16
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No. more like x100k.

I'm trying very hard to not go on a 5,000 word fukc the IRS rant.
indeed
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Old January 20th, 2010, 11:31 PM   #17
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I owe it to federal. I can somewhat understand what you mean; seeing that everyone else is receiving as they age and of course will earn more and pay more, but still my parents never pay they actually get a little over 14k back. I would at least think i would break even.
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Old January 20th, 2010, 11:34 PM   #18
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I wasnt talking about recieving money....after all, this is the Goubment we are talking about here, and what is it that they are great at doing to the rest of us???

come on, I'm sure you can figure this one out....maybe ask Scooter, I hear he likes being on the recieving end
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Old January 20th, 2010, 11:36 PM   #19
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It's a good year when I break even.

I'm fawked this year since the house is paid off- no more mortgage deduction.

Guess I better change my W4 to 0.
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Old January 20th, 2010, 11:37 PM   #20
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ahh... well you should've mentioned it like that before
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