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-   -   2005 Tax Returns: What will you get? (http://www.mitsustyle.com/forums/showthread.php?t=10125)

SuperSleeper 01-23-2006 03:06 AM
2005 Tax Returns: What will you get?
 
I'm hoping to get back around $1400, which is funding my FMIC. It will also contribute towards either brakes or rent... whichever I decide is more important. What about you guys?

Kracka 01-23-2006 06:33 AM
Re: 2005 Tax Returns: What will you get?
 
Hopefully less than $100...that will mean I played my strategy right so I got most of my money in my paychecks. I am not a huge fan of giving the government interest-free loans.

AJ 01-23-2006 09:42 AM
Re: 2005 Tax Returns: What will you get?
 
I have no clue what I will get back due to school.

tsiawdspeed 01-23-2006 10:08 AM
Re: 2005 Tax Returns: What will you get?
 
Getting back around $300

ABV 01-23-2006 10:52 AM
Re: 2005 Tax Returns: What will you get?
 
Last two years I got back about 40-50. I expect the same this year.

1slowdsm 01-23-2006 11:07 AM
Re: 2005 Tax Returns: What will you get?
 
I'm hoping for atleast $350 and it will all go into maintenance for my car that should've been done in October :D.

Jana 01-23-2006 11:35 AM
Re: 2005 Tax Returns: What will you get?
 
No clue. I sold some stock this year, so hopefully that doesn't mess things up too much. Otherwise I normally receive about $800 between Fed & State.

Jana 01-23-2006 11:35 AM
Re: 2005 Tax Returns: What will you get?
 
Quote:
Originally Posted by S2kracka
Hopefully less than $100...that will mean I played my strategy right so I got most of my money in my paychecks. I am not a huge fan of giving the government interest-free loans.
Can I ask what you claim Chris? You can PM me. I suck at that part....lol. I shouldn't....

Kracka 01-23-2006 12:37 PM
Re: 2005 Tax Returns: What will you get?
 
I claim anything between 0-10 depending on the time and rough calculations that I do.

You will have to pay tax on those stocks you sold so figure roughly that will eat up about 1/3 of your profit on them.

Kougar 01-23-2006 12:43 PM
Re: 2005 Tax Returns: What will you get?
 
I'm not expecting very much...couple hundred at most, and all of it has to go to school tuition. Boy I fucking LOVE school! :(

Steeltwo 01-23-2006 12:48 PM
Re: 2005 Tax Returns: What will you get?
 
i'll pay federal around 140-160

and i'll get around 450 back on state

i need to buy a condo or house to shelter my money.

cudvig 01-23-2006 01:38 PM
Re: 2005 Tax Returns: What will you get?
 
hmmmmmm

Being a delivery driver for Pizza Hut sucks, or does it?


hahahahahhaha!


-Colin

Kracka 01-23-2006 01:47 PM
Re: 2005 Tax Returns: What will you get?
 
Quote:
Originally Posted by cudvig
hmmmmmm

Being a delivery driver for Pizza Hut sucks, or does it?


hahahahahhaha!


-Colin
Tips? What tips?!? ;)

Goat Blower 01-23-2006 01:56 PM
Re: 2005 Tax Returns: What will you get?
 
A big bill.

niterydr 01-23-2006 02:45 PM
Re: 2005 Tax Returns: What will you get?
 
Somewhere between I owe $100 and I get $100.
I am with chris on this one, no loans!

Jana 01-23-2006 03:04 PM
Re: 2005 Tax Returns: What will you get?
 
Quote:
Originally Posted by S2kracka
I claim anything between 0-10 depending on the time and rough calculations that I do.

You will have to pay tax on those stocks you sold so figure roughly that will eat up about 1/3 of your profit on them.
Crap.... I just hope I break even at this point then....

Outlaw1 01-23-2006 03:56 PM
Re: 2005 Tax Returns: What will you get?
 
Around $6,000. Yes, I pay a shitload in taxes.

1slowdsm 01-23-2006 06:04 PM
Re: 2005 Tax Returns: What will you get?
 
Man, how nice it would be to get $6000. My DSM could be be worry-free for two years!

Kracka 01-23-2006 06:32 PM
Re: 2005 Tax Returns: What will you get?
 
Quote:
Originally Posted by 1slowdsm
Man, how nice it would be to get $6000. My DSM could be be worry-free for two years!
How nice would it be to claim taxes effectively so most of that money is included in the paychecks rather than giving the government an interest-free loan?

SuperSleeper 01-23-2006 07:15 PM
Re: 2005 Tax Returns: What will you get?
 
I agree with you, Hughes. I just must not be claiming as efficient as I could. I do look forward to this time with returns though.. it's kind of nice to bounce back from Christmas.


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