# 2009 Taxes Thread

**URL:** <https://forums.speedlife.net/t/2009-taxes-thread/77466>\
**Category:** NYSpeed Off Topic\
**Created:** [December 21, 2009, 4:44pm UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466 "2009-12-21T16:44:07Z")\
**Posts on this page:** 20\
**Page:** 4

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**Author:** ![Penfold](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/penfold/32/5007_2.png) [@Penfold](https://forums.speedlife.net/u/Penfold)\
**Post date:** [January 25, 2010, 5:35pm UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466/61 "2010-01-25T17:35:54Z")

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$2600 thanks to education and making work pay 🙂

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**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [January 25, 2010, 6:15pm UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466/62 "2010-01-25T18:15:11Z")

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All of the Obama haters, I’d be more than happy to take your $400 off your hands since you hate the guy so much

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**Author:** ![klug](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/klug/32/5222_2.png) [@klug](https://forums.speedlife.net/u/klug)\
**Post date:** [January 25, 2010, 6:38pm UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466/63 "2010-01-25T18:38:07Z")

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thanks to the new home purchase and all the updating that comes with it, the kids, the loans, and a couple other add ins I should see at least 16k. Time to inject some m50 into the kaiser kart.

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**Author:** ![dubbin91](https://avatars.discourse-cdn.com/v4/letter/d/ecccb3/32.png) [@dubbin91](https://forums.speedlife.net/u/dubbin91)\
**Post date:** [January 25, 2010, 8:15pm UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466/64 "2010-01-25T20:15:55Z")

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> [@Joe](#):
>
> All of the Obama haters, I’d be more than happy to take your $400 off your hands since you hate the guy so much

sure, if you give us the “stimulus” back the bush put out!

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**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [January 25, 2010, 8:22pm UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466/65 "2010-01-25T20:22:45Z")

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Bush was the bank bailout. Obama was the stimulus. I’m not a bank, so he didn’t help me. If you’re talking about the $600in 08, I got fucked on that because I was still a college student the year before.

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**Author:** ![dubbin91](https://avatars.discourse-cdn.com/v4/letter/d/ecccb3/32.png) [@dubbin91](https://forums.speedlife.net/u/dubbin91)\
**Post date:** [January 26, 2010, 6:02am UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466/66 "2010-01-26T06:02:23Z")

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> [@Joe](#):
>
> Bush was the bank bailout. Obama was the stimulus. I’m not a bank, so he didn’t help me. If you’re talking about the $600in 08, I got fucked on that because I was still a college student the year before.

ah, touche!

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**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\
**Post date:** [January 26, 2010, 6:03am UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466/67 "2010-01-26T06:03:35Z")

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I also got boned and did not receive that $600 due to being a dependent on my parent’s taxes. arg.

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**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [January 26, 2010, 6:13am UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466/68 "2010-01-26T06:13:03Z")

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Yeah, that one was really poorly designed. If you were 21+ and a dependent, your parents didn’t get to claim you and you didn’t get to claim yourself, you basically fell through the cracks

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**Author:** ![IWantaSupra](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/iwantasupra/32/7222_2.png) [@IWantaSupra](https://forums.speedlife.net/u/IWantaSupra)\
**Post date:** [January 26, 2010, 6:49am UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466/69 "2010-01-26T06:49:53Z")

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I was pissed. College students usually get screwed even if youre paying for college yourself.

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**Author:** ![Penfold](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/penfold/32/5007_2.png) [@Penfold](https://forums.speedlife.net/u/Penfold)\
**Post date:** [January 26, 2010, 7:06am UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466/70 "2010-01-26T07:06:51Z")

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> [@IWantaSupra](#):
>
> I was pissed. College students usually get screwed even if youre paying for college yourself.

Only if someone is listing you as a dependent. Which in that case you really can’t complain because you probably don’t have many bills.

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**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [January 26, 2010, 7:11am UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466/71 "2010-01-26T07:11:27Z")

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…Or you just didn’t want to pay out of pocket for your health insurance…

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**Author:** ![dreid](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/dreid/32/7388_2.png) [@dreid](https://forums.speedlife.net/u/dreid)\
**Post date:** [January 26, 2010, 9:18am UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466/72 "2010-01-26T09:18:27Z")

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Anyone have any more to add to the whole tax break for new car purchases in 09? anyone that has filed already? Im still awaiting the wifes W2 but we did purchase a new limited Edge in 09. I guess I will just wait another week and see what TurboTax tells me

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**Author:** ![SHOtime](https://avatars.discourse-cdn.com/v4/letter/s/8e8cbc/32.png) [@SHOtime](https://forums.speedlife.net/u/SHOtime)\
**Post date:** [January 26, 2010, 9:36am UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466/73 "2010-01-26T09:36:00Z")

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Just an additional point to mention regarding the First Time Homebuyer Credit.

The IRS is requiring those filing the FTHB Credit Form 5405, not only do you have to include a copy of the HUD-1 but you CANNOT EFILE. You can only paper file.

They won’t even begin processing returns with the FTHB Credit on them until mid-February with the earliest refunds expected in mid to late March.

I have already seen some returns get kicked back requesting additional documentation for proof that the home is a primary residence as well.

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**Author:** ![IWantaSupra](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/iwantasupra/32/7222_2.png) [@IWantaSupra](https://forums.speedlife.net/u/IWantaSupra)\
**Post date:** [January 26, 2010, 1:21pm UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466/74 "2010-01-26T13:21:58Z")

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> [@Joe](#):
>
> …Or you just didn’t want to pay out of pocket for your health insurance…

Or just dont have health insurance haha

Only thing I don’t pay for is rent and was claimed by my mom all these years and I only would get 2-300 back from fed, and would always owe state. First year I claim myself I get $3k back. Over 4 years thats $12k I could have put towards school which is over 30% of my loans. Private school FTL.

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**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\
**Post date:** [January 26, 2010, 1:30pm UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466/75 "2010-01-26T13:30:11Z")

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670 back federal, owe 160 to state.

I shoot for breaking even so not bad. I’d much rather have my money in my paycheck all year long. 😉

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**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\
**Post date:** [January 26, 2010, 1:50pm UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466/76 "2010-01-26T13:50:15Z")

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Does the new car thing qualify on just brand new cars, or any car that you’ve purchased?

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**Author:** ![Maksim2000](https://avatars.discourse-cdn.com/v4/letter/m/dec6dc/32.png) [@Maksim2000](https://forums.speedlife.net/u/Maksim2000)\
**Post date:** [January 26, 2010, 1:53pm UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466/77 "2010-01-26T13:53:47Z")

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Yay, for marriage penalty and owing couple k to uncle Sam

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**Author:** ![travisn](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/travisn/32/5046_2.png) [@travisn](https://forums.speedlife.net/u/travisn)\
**Post date:** [January 26, 2010, 1:59pm UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466/78 "2010-01-26T13:59:14Z")

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> [@boardjnky4](#):
>
> Does the new car thing qualify on just brand new cars, or any car that you’ve purchased?

new cars only afaik

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**Author:** ![dawn](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/dawn/32/7209_2.png) [@dawn](https://forums.speedlife.net/u/dawn)\
**Post date:** [January 27, 2010, 12:44pm UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466/79 "2010-01-27T12:44:50Z")

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i usually get around $900 back… this year $2k+. SAAAAWWEEEEET.

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**Author:** ![TMAN1985](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tman1985/32/5408_2.png) [@TMAN1985](https://forums.speedlife.net/u/TMAN1985)\
**Post date:** [January 27, 2010, 12:46pm UTC](https://forums.speedlife.net/t/2009-taxes-thread/77466/80 "2010-01-27T12:46:45Z")

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My refund gets deposited on Friday. WOO hoo!:run:

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