# Taxes: What are you getting, what do you owe

**URL:** <https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064>\
**Category:** NYSpeed Off Topic\
**Created:** [January 18, 2008, 11:22am UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064 "2008-01-18T11:22:54Z")\
**Posts on this page:** 20\
**Page:** 1

<div class="post-metadata">

**Author:** ![AFhockey31](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/afhockey31/32/5086_2.png) [@AFhockey31](https://forums.speedlife.net/u/AFhockey31)\
**Post date:** [January 18, 2008, 11:22am UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/1 "2008-01-18T11:22:54Z")

</div>

☹ i actually owe this year… 766.00 bucks… damn changing my deductions, ill never do that again

---

<div class="post-metadata">

**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 18, 2008, 11:25am UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/2 "2008-01-18T11:25:56Z")

</div>

Don’t change it too much. Just enough to get a refund of \< $100. No sense giving the government an interest free loan just so you can get them to give you your money back once a year.

---

<div class="post-metadata">

**Author:** ![AFhockey31](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/afhockey31/32/5086_2.png) [@AFhockey31](https://forums.speedlife.net/u/AFhockey31)\
**Post date:** [January 18, 2008, 11:26am UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/3 "2008-01-18T11:26:51Z")

</div>

> [@JayS](#):
>
> Don’t change it too much. Just enough to get a refund of \< $100. No sense giving the government an interest free loan just so you can get them to give you your money back once a year.

yeah… that was the plan but i was so used to having the extra money… ugh… well hopefully this 800 dollar break will go into effect lol

---

<div class="post-metadata">

**Author:** ![Mrs\_Karus](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mrs_karus/32/7426_2.png) [@Mrs\_Karus](https://forums.speedlife.net/u/Mrs_Karus)\
**Post date:** [January 18, 2008, 11:29am UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/4 "2008-01-18T11:29:25Z")

</div>

Urgh taxes, I owe every single year. I worked in 3 different states this year so that will be fun. ☹

---

<div class="post-metadata">

**Author:** ![SVT3945](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/svt3945/32/7409_2.png) [@SVT3945](https://forums.speedlife.net/u/SVT3945)\
**Post date:** [January 18, 2008, 11:31am UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/5 "2008-01-18T11:31:42Z")

</div>

oh ill be getting about 7g’s back

I love my children.

---

<div class="post-metadata">

**Author:** ![theblue](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/theblue/32/5074_2.png) [@theblue](https://forums.speedlife.net/u/theblue)\
**Post date:** [January 18, 2008, 11:32am UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/6 "2008-01-18T11:32:43Z")

</div>

I’ll probably get like $200 back or so… I try and get it as close to $0 as possible.

---

<div class="post-metadata">

**Author:** ![Dr.Stevil](https://avatars.discourse-cdn.com/v4/letter/d/da6949/32.png) [@Dr.Stevil](https://forums.speedlife.net/u/Dr.Stevil)\
**Post date:** [January 18, 2008, 11:33am UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/7 "2008-01-18T11:33:44Z")

</div>

heh… like every year, I don’t expect to get more than 200 back… and will probably owe state like 50-75 again

---

<div class="post-metadata">

**Author:** ![Justin](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/justin/32/7459_2.png) [@Justin](https://forums.speedlife.net/u/Justin)\
**Post date:** [January 18, 2008, 11:34am UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/8 "2008-01-18T11:34:01Z")

</div>

I’m getting $2,200 back, but I was expecting about $800 more. I hate taxes, next year will be different, I’m buying a house in March so that should allow a nice tax break next year.

---

<div class="post-metadata">

**Author:** ![camarojoe](https://avatars.discourse-cdn.com/v4/letter/c/c67d28/32.png) [@camarojoe](https://forums.speedlife.net/u/camarojoe)\
**Post date:** [January 18, 2008, 11:35am UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/9 "2008-01-18T11:35:17Z")

</div>

I always get a decent chunk of change back plus since we give a decent amount in donations too.

Haven’t even started going through them yet.

---

<div class="post-metadata">

**Author:** ![97FormulaWS-6](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/97formulaws-6/32/7384_2.png) [@97FormulaWS-6](https://forums.speedlife.net/u/97FormulaWS-6)\
**Post date:** [January 18, 2008, 11:37am UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/10 "2008-01-18T11:37:30Z")

</div>

Probably ~$3K give or take; gotta do mine once all the forms come in… damn companies wait till the 31st I swear…

I know it should be close as possible to $0; but I like the lump as a no-thought savings to pay a large chunk of my debt every year. I know I could make more if I put it in a savings and I may this year.

---

<div class="post-metadata">

**Author:** ![HAiRymONkEe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/hairymonkee/32/5172_2.png) [@HAiRymONkEe](https://forums.speedlife.net/u/HAiRymONkEe)\
**Post date:** [January 18, 2008, 11:55am UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/11 "2008-01-18T11:55:36Z")

</div>

1800-2000 back for me.

---

<div class="post-metadata">

**Author:** ![Bigairskier1580](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bigairskier1580/32/7612_2.png) [@Bigairskier1580](https://forums.speedlife.net/u/Bigairskier1580)\
**Post date:** [January 18, 2008, 12:01pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/12 "2008-01-18T12:01:39Z")

</div>

Haven’t done them yet, will be this evening or tomorrow likely.I should be getting around $1,000 or so back, maybe slightly more.

I get monthly performance bonuses, and the way those are taxed, it’s difficult to not get a decent return.

---

<div class="post-metadata">

**Author:** ![Bigairskier1580](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bigairskier1580/32/7612_2.png) [@Bigairskier1580](https://forums.speedlife.net/u/Bigairskier1580)\
**Post date:** [January 18, 2008, 12:03pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/13 "2008-01-18T12:03:15Z")

</div>

> [@97FormulaWS-6](#):
>
> Probably ~$3K give or take; gotta do mine once all the forms come in… damn companies wait till the 31st I swear…
> 
> I know it should be close as possible to $0; but I like the lump as a no-thought savings to pay a large chunk of my debt every year. I know I could make more if I put it in a savings and I may this year.

Haha, my company is always postmarked for the 31st. ALWAYS. They are available online sooner though thru ADP.

And I too like the lump-sum return. I know it’s interest free, but my will-power likely isn’t good enough to save that money well anyways.

---

<div class="post-metadata">

**Author:** ![97FormulaWS-6](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/97formulaws-6/32/7384_2.png) [@97FormulaWS-6](https://forums.speedlife.net/u/97FormulaWS-6)\
**Post date:** [January 18, 2008, 12:42pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/14 "2008-01-18T12:42:24Z")

</div>

> [@Bigairskier1580](#):
>
> And I too like the lump-sum return. I know it’s interest free, but my will-power likely isn’t good enough to save that money well anyways.

EXACTLY my issue. I’m gonna try this year though once I get these taxes done. Go from Single 1 to single 2 for Fed and drop that $$ right into a savings account direct from my check so I don’t even see it; gotta leave the state at 0 though (I only get like $50 from them on S0)

---

<div class="post-metadata">

**Author:** ![nitroinsane](https://avatars.discourse-cdn.com/v4/letter/n/d26b3c/32.png) [@nitroinsane](https://forums.speedlife.net/u/nitroinsane)\
**Post date:** [January 18, 2008, 12:45pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/15 "2008-01-18T12:45:47Z")

</div>

still waiting i worked at 5 places this year so i still need 2 more w2 ill probably owe

---

<div class="post-metadata">

**Author:** ![matter](https://avatars.discourse-cdn.com/v4/letter/m/97f17d/32.png) [@matter](https://forums.speedlife.net/u/matter)\
**Post date:** [January 18, 2008, 12:47pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/16 "2008-01-18T12:47:15Z")

</div>

I dont get it till the 31st.

---

<div class="post-metadata">

**Author:** ![vt1992s10](https://avatars.discourse-cdn.com/v4/letter/v/73ab20/32.png) [@vt1992s10](https://forums.speedlife.net/u/vt1992s10)\
**Post date:** [January 18, 2008, 12:56pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/17 "2008-01-18T12:56:47Z")

</div>

I think $2200 back and I only worked 6 months, I don’t think it is right but we shall see.

---

<div class="post-metadata">

**Author:** ![97Ranger](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/97ranger/32/7342_2.png) [@97Ranger](https://forums.speedlife.net/u/97Ranger)\
**Post date:** [January 18, 2008, 1:01pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/18 "2008-01-18T13:01:04Z")

</div>

i dont have my w2 yet so i have no idea… when are they due?

---

<div class="post-metadata">

**Author:** ![Bigairskier1580](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bigairskier1580/32/7612_2.png) [@Bigairskier1580](https://forums.speedlife.net/u/Bigairskier1580)\
**Post date:** [January 18, 2008, 1:05pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/19 "2008-01-18T13:05:58Z")

</div>

> [@97Ranger](#):
>
> i dont have my w2 yet so i have no idea… when are they due?

Per laws, your employer must have them mailed to you by January 31st. Most employers will wait until the very last day, heh.

---

<div class="post-metadata">

**Author:** ![articzap](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/articzap/32/7361_2.png) [@articzap](https://forums.speedlife.net/u/articzap)\
**Post date:** [January 18, 2008, 1:29pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/20 "2008-01-18T13:29:30Z")

</div>

Haven’t got mine back yet.

[Next page](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064.md?page=2)