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Re: Tax Returns!
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Re: Tax Returns!
They might come after you and ask for physical proof of the transactions, basically audit you.
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I don't forsee Brandon getting audited since its such a simple return.
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They can see proof if they want. I just don't get why people are quick to assume I am wrong or screwed up. It's 3 simple deductions, that damn near everyone who owns a house has. Property Taxes, Mortgage interest, and car tabs. Nothing crazy here.
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I didn't say that you wouldn't get the cash. I'm just saying I wouldn't be surprise if so.
I used to prepare taxes for a few years.I had seen where IRS has restricted cash being dispurse for BS reasons. Allot of time, they are trying to fish for more information to don't make that kind of pay out. |
Re: Tax Returns!
Well, I just got done completely. I removed my license tabs from my deductions, since I can't find the receipts. So I'll only get 6169 back now.
Should have it in 8-16 days according to the TaxACT site. Also, I was mistaken earlier about having to send something in. All I needed was my either my PIN or Adjusted Gross Income, and it allowed me to file paperlessly. I will probably use that same software next year, since it was so freaking cheap, and 8-16 days isn't that long, so I'm pretty happy. I'd recommend it to people who are looking to do it online, for as cheaply as possible. |
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B, I have owned my house for three years now. When do I get to file that into my taxes? That sounds like a crazy return. But hey I get 2000 back for having a kid. So thats nice....hehehe
Still waiting on Target to send me my W-2 and my Wifes from Home Depot.... Last year I filed threw H&R Block for free. And this year they sent me TaxCut Basic in the mail. I am going to check that out before doing something different online. |
Re: Tax Returns!
If you own your own home, at the end of the year, the company who your mortgage is through should send you a statement that shows some amounts in boxes, kinda like your W2. It says how much you've paid in interest and what not. You file that as a deduction. Also you should receive a letter from your city or county, that shows what you paid in property taxes for the year. That is a deduction. Also save your receipts from when you updated the tabs on your cars plates. Those are a deduction. Those 3 things added up to 17000 worth of deductions for me. And that amount of a deduction is why my return was so large.
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If you're like me and you forget how much money you've blown on tabs for your car you can go here and enter your DL number or plate number:
https://dutchelm.dps.state.mn.us/dvs...0/mvregtax.asp |
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It says:
"the registration tax less $35" So your $4XX minus $35 is your deduction. |
Re: Tax Returns!
Don't forget this year you get to claim the telephone credit too.
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Wait... so I can claim my tabs? And whats this about phone credit? I am useless when it comes to taxes as my parents have claimed me every year before now. So, my prior returns have been VERY easy to file.... Anyone wanna help? What else can I deduct?
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Pretty much all the tax forms will tell you about the phone credit. Most people will just get the $30 refund. It's not a deduction, it is just a credit added to your refund. If you're doing it online, it will ask you about it.
Jed, I wish I would have known about that site earlier. I tried googling to find a way to see how much i paid, but i couldn't. Ahh well. I just got an email saying both Federal and State have been accepted, and I should have my return back in appx 1 week. |
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Just finished mine... I did better than I thought I would. I'm getting $1155 back for Fed/State.
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Already got my money back :)
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I got my state return on Tuesday, and my Federal today. So HA to all the haters thinking I wasn't going to get anything!
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I have all my money back already too.
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