# Tax Returns FTW
**URL:** https://forums.speedlife.net/t/tax-returns-ftw/235571
**Category:** Shift518 Off Topic
**Created:** [February 4, 2008, 10:50am UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571 "2008-02-04T10:50:02Z")
**Posts on this page:** 20
**Page:** 2
### Author:  [@GranMassaX](https://forums.speedlife.net/u/GranMassaX)
#### Post date: [February 5, 2008, 5:28am UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571/21 "2008-02-05T05:28:48Z")
I ALWAYS pay state
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### Author:  [@Fn\_Skanks](https://forums.speedlife.net/u/Fn_Skanks)
#### Post date: [February 5, 2008, 7:20am UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571/22 "2008-02-05T07:20:22Z")
i usually get back a whopping $50 or so from state. just on 1 of my w-2’s it says they withheld almost $600 state, i’ll get like $60. :wtf
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### Author:  [@Vovchandr](https://forums.speedlife.net/u/Vovchandr)
#### Post date: [February 5, 2008, 7:23am UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571/23 "2008-02-05T07:23:34Z")
Gotta love the car crowd.
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### Author:  [@plaf713](https://forums.speedlife.net/u/plaf713)
#### Post date: [February 5, 2008, 8:09am UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571/24 "2008-02-05T08:09:32Z")
im only getting around 450, somehow i always owe the state 140 dollars each year, i dont get it
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### Author:  [@Shawn96VR-4](https://forums.speedlife.net/u/Shawn96VR-4)
#### Post date: [February 5, 2008, 9:21am UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571/25 "2008-02-05T09:21:39Z")
You guys just finding out NY is a highly taxed state?
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### Author:  [@Hooked\_on\_240](https://forums.speedlife.net/u/Hooked_on_240)
#### Post date: [February 5, 2008, 10:50am UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571/26 "2008-02-05T10:50:50Z")
> [@plaf713](#):
>
> im only getting around 450, somehow i always owe the state 140 dollars each year, i dont get it
ya for some reason, i owe state 134, i dont get it either. i pay state every year, never get back i HATE ny tax system
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### Author:  [@timmay](https://forums.speedlife.net/u/timmay)
#### Post date: [February 5, 2008, 11:04am UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571/27 "2008-02-05T11:04:48Z")
> [@plaf713](#):
>
> im only getting around 450, somehow i always owe the state 140 dollars each year, i dont get it
If you owe the state around that much every year have them take an extra $2.70 a week out and you’ll be damn near neutral at the end of the year.
Don’t complain about not getting much back, it means YOU(yes you control how much is taken out of your check) accurately predicted how much you’d owe, its a very poor financial move to make a large interest free loan to the government. You could, if you were dumb, give your whole paycheck to the government and get a bulk of it back, however if you owe a over a certain percentage of what you paid they charge you interest. If you make an error that needs correction in your favor the following year the government does give you interest, last year my accountant made a minor mistake, its forgivable because my taxes are a nightmare, anyway I got the 05 return last year and they paid me a touch over 12% interest on the money as well, best part is the interest earned was capital gains free, go figure.
Fair tax FTMFW
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### Author:  [@timmay](https://forums.speedlife.net/u/timmay)
#### Post date: [February 6, 2008, 5:51pm UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571/28 "2008-02-06T17:51:33Z")
> [@timmay](#):
>
> My accountant is still working on my taxes, but I think I’ll be getting a sizable return, I had a lot of loses, most of my money was capital gains and I paid income taxes on the amount if I had income for the entire year and I only had income for 8 months. I don’t have any plans to spend it, nothing I really want right now.
I’m a fucking moron, apparently my losses didn’t add up to near as much as I anticipated and I made way more then I thought I did, I owe a lot, enough to make me upset with the government, I owe around, gulp, $120k should have an exact figure by the end of the week - ruined my freaking day :angry2
edit - and people on this board wonders why I want to leave this country.
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### Author:  [@Hooked\_on\_240](https://forums.speedlife.net/u/Hooked_on_240)
#### Post date: [February 6, 2008, 5:59pm UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571/29 "2008-02-06T17:59:30Z")
ya sry but F people that u go to do your taxes, use turbo tax
And whats with this tax incentive for like 600 a person
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### Author:  [@Fn\_Skanks](https://forums.speedlife.net/u/Fn_Skanks)
#### Post date: [February 7, 2008, 12:34am UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571/30 "2008-02-07T00:34:04Z")
^^^ yeah if you make under $70K i believe you get $600.00. supposedly its suppose to be to your door by no later than june 1st. we will see indeed.
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### Author:  [@GranMassaX](https://forums.speedlife.net/u/GranMassaX)
#### Post date: [February 7, 2008, 5:12am UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571/31 "2008-02-07T05:12:57Z")
> [@Hooked on 240](#):
>
> And whats with this tax incentive for like 600 a person
That bill is still with Congress.
I personally thinks its lame. Giving $600 checks to people that don’t even pay taxes is unreal. What a joke
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### Author:  [@Shawn96VR-4](https://forums.speedlife.net/u/Shawn96VR-4)
#### Post date: [February 7, 2008, 6:35am UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571/32 "2008-02-07T06:35:07Z")
Someone needs to tell Congress that the average Joe needs more than $70K a year to survive these days.
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### Author:  [@GranMassaX](https://forums.speedlife.net/u/GranMassaX)
#### Post date: [February 7, 2008, 6:44am UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571/33 "2008-02-07T06:44:00Z")
> [@Shawn96VR-4](#):
>
> Someone needs to tell Congress that the average Joe needs more than $70K a year to survive these days.
very broad statement. You can do pretty well in the capitol region area making half that.
where you are, 70k is like the min wage
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### Author:  [@Shawn96VR-4](https://forums.speedlife.net/u/Shawn96VR-4)
#### Post date: [February 7, 2008, 6:49am UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571/34 "2008-02-07T06:49:20Z")
> [@GranMassaX](#):
>
> > [@Shawn96VR-4](#):
> >
> > Someone needs to tell Congress that the average Joe needs more than $70K a year to survive these days.
>
> very broad statement. You can do pretty well in the capitol region area making half that.
>
> where you are, 70k is like the min wage
Yes, a broad statement. My parents barely make it with $70K in a $100K house between a car each, taxes, their house, retirement, etc… They don’t even go on vacation. ☹
$70K in my area is poverty, IMHO.
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### Author:  [@bennyfizzle](https://forums.speedlife.net/u/bennyfizzle)
#### Post date: [February 7, 2008, 6:50am UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571/35 "2008-02-07T06:50:19Z")
wtf i live on 23k a year :rofl
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### Author:  [@GranMassaX](https://forums.speedlife.net/u/GranMassaX)
#### Post date: [February 7, 2008, 6:52am UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571/36 "2008-02-07T06:52:46Z")
> [@Shawn96VR-4](#):
>
> > [@GranMassaX](#):
> >
> > > [@Shawn96VR-4](#):
> > >
> > > Someone needs to tell Congress that the average Joe needs more than $70K a year to survive these days.
> >
> > very broad statement. You can do pretty well in the capitol region area making half that.
> >
> > where you are, 70k is like the min wage
>
> Yes, a broad statement. My parents barely make it with $70K in a $100K house between a car each, taxes, their house, retirement, etc… They don’t even go on vacation. ☹
>
> $70K in my area is poverty, IMHO.
I bought a 170K house, had the evo (was still making payments at the time) and a beater and I was making under 40k at the time. When I look back at it now, I have no idea how I did it, but I was **not just** scraping by either. Weird
editted: added bold words… didn’t really make sense before. I think way faster than I type
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### Author:  [@Shawn96VR-4](https://forums.speedlife.net/u/Shawn96VR-4)
#### Post date: [February 7, 2008, 7:03am UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571/37 "2008-02-07T07:03:55Z")
> [@bennyfizzle](#):
>
> wtf i live on 23k a year :rofl
It depends on your situation. $23K a year income won’t even pay part of my rent.
> [@GranMassaX](#):
>
> I bought a 170K house, had the evo (was still making payments at the time) and a beater and I was making under 40k at the time. When I look back at it now, I have no idea how I did it, but I was scraping by either. Weird
I have no idea either. 🙂
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### Author:  [@timmay](https://forums.speedlife.net/u/timmay)
#### Post date: [February 7, 2008, 9:25am UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571/38 "2008-02-07T09:25:09Z")
> [@Hooked on 240](#):
>
> ya sry but F people that u go to do your taxes, use turbo tax
>
> And whats with this tax incentive for like 600 a person
:lol I don’t think you understand how complicated my taxes are, it would probably crash turbo tax. That aside I ran into a HUGE problem with my payroll service last year and with out my accountant I would probably be in jail right now, or at least had all my assets froze, which would have been worse then going to jail. If you feel comfortable using a tax program, fantastic, but I’m not going to risk it, things are little more complicated then a W-2 or two and maybe a 1099.
When Bill Gates was at his peak he crashed the computers at the IRS, now there is a whole division there dedicated to the super wealthy with software designed by Gates.
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### Author:  [@plaf713](https://forums.speedlife.net/u/plaf713)
#### Post date: [February 7, 2008, 6:39pm UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571/39 "2008-02-07T18:39:22Z")
im not complaining about the taxes, i only made 12k last year as a college student, got 1000 dollars taken out for federal and got almost half back, i really dont get taxed much, since i fall into a low tax bracket, i could get more back if my parents didnt claim me. oh well
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### Author:  [@Hank1](https://forums.speedlife.net/u/Hank1)
#### Post date: [February 8, 2008, 7:09pm UTC](https://forums.speedlife.net/t/tax-returns-ftw/235571/40 "2008-02-08T19:09:10Z")
> [@Shawn96VR-4](#):
>
> Someone needs to tell Congress that the average Joe needs more than $70K a year to survive these days.
i completely agree with that!!!
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