Originally posted by Magnus
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Earned $17,493 - Anyone want to guess what her tax refund amount was?
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I guess it is relative to what you paid. I am sure it was quite a bit but why so little back? I use a great CPA. Maybe you have heard of him.Originally posted by lowthreeohz View PostPaid taxes on over 90k this year and I'm looking at a $24 return. Makes my blood fucking boil.Fuck you. We're going to Costco.
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A few periods into the year, take a pay stub and extrapolate the remainder of the year. Take projected income, deductions, exemptions, and use the tax tables to estimate what you'll owe. Compare that to the amount projected to be taken out of your checks and divide the remainder by the number of pay periods left in the year. Have your employer take out that amount as additional withholding each period. Of course, I'm not ballin' as hard as the rest of the board, but it works for me.Originally posted by Blue88Coupe View PostHow do you "break even?"
I claim 0, get raped month to month and sometimes have to pay in 100 or sometimes pay in nothing.Originally posted by davbrucasI want to like Slow99 since people I know say he's a good guy, but just about everything he posts is condescending and passive aggressive.
Most people I talk to have nothing but good things to say about you, but you sure come across as a condescending prick. Do you have an inferiority complex you've attempted to overcome through overachievement? Or were you fondled as a child?
You and slow99 should date. You both have passive aggressiveness down pat.
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GTFO with that "accountant" BS. You know DFWM ballers ain't got time fo dat!Originally posted by slow99 View PostA few periods into the year, take a pay stub and extrapolate the remainder of the year. Take projected income, deductions, exemptions, and use the tax tables to estimate what you'll owe. Compare that to the amount projected to be taken out of your checks and divide the remainder by the number of pay periods left in the year. Have your employer take out that amount as additional withholding each period. Of course, I'm not ballin' as hard as the rest of the board, but it works for me.Originally posted by PGreenCobraI can't get over the fact that you get to go live the rest of your life, knowing that someone made a Halloween costume out of you. LMAO!!Originally posted by Trip McNeelyGo do a whooly in front of a Peterbilt.Originally posted by dsrtuckteezydont downshift!!
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Originally posted by slow99 View PostA few periods into the year, take a pay stub and extrapolate the remainder of the year. Take projected income, deductions, exemptions, and use the tax tables to estimate what you'll owe. Compare that to the amount projected to be taken out of your checks and divide the remainder by the number of pay periods left in the year. Have your employer take out that amount as additional withholding each period. Of course, I'm not ballin' as hard as the rest of the board, but it works for me.
Originally posted by BroncojohnnyHOORAY ME and FUCK YOU!
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You're doing it wrong. Claim 15+ exemptions on your W-4 for 9 months out of the year, bank all the extra money, and then last few months of the year and bonus time file another W-4 with your payroll dept to change it to 0 exemptions and have extra withheld to get close enough to not incur the underpayment penalty. W-2 withholding is automatically calculated as having been paid in pro-rata over the whole year even if most of it was backloaded.Originally posted by slow99 View PostA few periods into the year, take a pay stub and extrapolate the remainder of the year. Take projected income, deductions, exemptions, and use the tax tables to estimate what you'll owe. Compare that to the amount projected to be taken out of your checks and divide the remainder by the number of pay periods left in the year. Have your employer take out that amount as additional withholding each period. Of course, I'm not ballin' as hard as the rest of the board, but it works for me.Ford
GM
Toyota
VAG
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