# 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:** 2

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**Author:** ![turbo\_ls1\_ss](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/turbo_ls1_ss/32/7303_2.png) [@turbo\_ls1\_ss](https://forums.speedlife.net/u/turbo_ls1_ss)\
**Post date:** [January 18, 2008, 1:32pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/21 "2008-01-18T13:32:42Z")

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i should be around $1500, but i still need to do mine. definitely helps to have some more change

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**Author:** ![psphinx81](https://avatars.discourse-cdn.com/v4/letter/p/e9a140/32.png) [@psphinx81](https://forums.speedlife.net/u/psphinx81)\
**Post date:** [January 18, 2008, 1:41pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/22 "2008-01-18T13:41:28Z")

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i owe nothing, and ill get ~$1200 back

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**Author:** ![JUICEDSS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/juicedss/32/7185_2.png) [@JUICEDSS](https://forums.speedlife.net/u/JUICEDSS)\
**Post date:** [January 18, 2008, 2:11pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/23 "2008-01-18T14:11:53Z")

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I usually get 3-4k back.

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**Author:** ![Jam](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jam/32/7235_2.png) [@Jam](https://forums.speedlife.net/u/Jam)\
**Post date:** [January 18, 2008, 2:29pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/24 "2008-01-18T14:29:52Z")

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i usually get 4-500 back.

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**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, 3:16pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/25 "2008-01-18T15:16:27Z")

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Just did mine. Was higher than I expected actually. I had more income than last year, but stayed in the same tax bracket.

$1,425 for federal  
$298 for state

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**Author:** ![MaximaSE98](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/maximase98/32/7600_2.png) [@MaximaSE98](https://forums.speedlife.net/u/MaximaSE98)\
**Post date:** [January 18, 2008, 3:36pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/26 "2008-01-18T15:36:23Z")

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getttin back 953

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**Author:** ![ly555is](https://avatars.discourse-cdn.com/v4/letter/l/3bc359/32.png) [@ly555is](https://forums.speedlife.net/u/ly555is)\
**Post date:** [January 18, 2008, 4:26pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/27 "2008-01-18T16:26:27Z")

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> [@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.

hell yeah :tup:

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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 18, 2008, 6:47pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/28 "2008-01-18T18:47:32Z")

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You can see who’s taxes are entirely too simple by who has their exact amount already.

I’m still waiting on:  
Some 1099-int statements  
Some 1099-div statements  
Some 1099-misc statements

:tdown: to having complicated big kid taxes.

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**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\
**Post date:** [January 18, 2008, 7:28pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/29 "2008-01-18T19:28:42Z")

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i have no idea i got 400 back last year and owed 50

i claim 0 on eveyrthing and worked 4 jobs this year, no idea

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [January 18, 2008, 7:37pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/30 "2008-01-18T19:37:05Z")

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i got $4k back last year… ran out of tuition credits almost… but since my boy was born on Dec 29 i can claim him as a dependent for the whle year… and i paid more taxes this year too…

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**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\
**Post date:** [January 19, 2008, 7:09am UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/31 "2008-01-19T07:09:40Z")

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Im not sure if im going to do my taxes or not. We dont have to while over here but i dont see the sense of letting the gov just hold on to the little bit i should get back. I only paid taxes for 3 months this year. Ugh im going to do them and not be lazy.

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**Author:** ![LXIFLYBY](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/lxiflyby/32/7399_2.png) [@LXIFLYBY](https://forums.speedlife.net/u/LXIFLYBY)\
**Post date:** [January 19, 2008, 12:43pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/32 "2008-01-19T12:43:59Z")

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i really hope this year i break 10k in returns

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**Author:** ![94Blackls](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/94blackls/32/7322_2.png) [@94Blackls](https://forums.speedlife.net/u/94Blackls)\
**Post date:** [January 19, 2008, 12:46pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/33 "2008-01-19T12:46:32Z")

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> [@LXIFLYBY](#):
>
> i really hope this year i break 10k in returns

i hope for that every year, hasnt happened tho

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**Author:** ![ldiablo233](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ldiablo233/32/5035_2.png) [@ldiablo233](https://forums.speedlife.net/u/ldiablo233)\
**Post date:** [January 19, 2008, 1:46pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/34 "2008-01-19T13:46:32Z")

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how do u go about oweing taxes?

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**Author:** ![neurokinetik](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/neurokinetik/32/7270_2.png) [@neurokinetik](https://forums.speedlife.net/u/neurokinetik)\
**Post date:** [January 19, 2008, 2:14pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/35 "2008-01-19T14:14:35Z")

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> [@ldiablo233](#):
>
> how do u go about oweing taxes?

Claim too many exemptions on your W4s and you will have less taken out of your paychecks with the risk of owing money at tax return time. I take two exemptions on federal. I’ll owe a little bit to federal this year, but I overestimated state enough to still come out ahead. I actually have them take out an extra $10 a week for state taxes because I got sick of owing on them. Actually, I still haven’t got any of my needed W2s or 1099s yet, I’ve just done a quick-and-dirty calculation to see approximately where Ill stand.

Breaking even is the goal, you want maximum amount of money in your pocket every week without having to pay at the end of the year.

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**Author:** ![ILCisDEAD](https://avatars.discourse-cdn.com/v4/letter/i/a87d85/32.png) [@ILCisDEAD](https://forums.speedlife.net/u/ILCisDEAD)\
**Post date:** [January 19, 2008, 2:15pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/36 "2008-01-19T14:15:57Z")

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

Same here ☹

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**Author:** ![ldiablo233](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ldiablo233/32/5035_2.png) [@ldiablo233](https://forums.speedlife.net/u/ldiablo233)\
**Post date:** [January 19, 2008, 2:50pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/37 "2008-01-19T14:50:31Z")

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wow its gunna suck having a job on the books.Doesnt the state take out the tax money automatically?

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**Author:** ![AfXtc777](https://avatars.discourse-cdn.com/v4/letter/a/a9adbd/32.png) [@AfXtc777](https://forums.speedlife.net/u/AfXtc777)\
**Post date:** [January 19, 2008, 2:54pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/38 "2008-01-19T14:54:23Z")

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> [@ldiablo233](#):
>
> wow its gunna suck having a job on the books.Doesnt the state take out the tax money automatically?

psh devils don’t pay taxes

I’ll be getting around $5400 back

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**Author:** ![sureshot](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/sureshot/32/7578_2.png) [@sureshot](https://forums.speedlife.net/u/sureshot)\
**Post date:** [January 24, 2008, 12:16pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/39 "2008-01-24T12:16:08Z")

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Was getting back $316 from federal, $0 from state.

But since I’m a tax fucking wizard…

Federal: $1836  
State: $374

HOLLA

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**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 24, 2008, 12:29pm UTC](https://forums.speedlife.net/t/taxes-what-are-you-getting-what-do-you-owe/42064/40 "2008-01-24T12:29:38Z")

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> [@sureshot!](#):
>
> Was getting back $316 from federal, $0 from state.
> 
> But since I’m a tax fucking wizard…
> 
> Federal: $1836  
> State: $374
> 
> HOLLA

claiming dirty handjobs by 80yo hookers doesnt count for deductions

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