01-24-2008
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#181
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moonshine power
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Re: Tax Returns!
Quote:
Originally Posted by Halon
Does that mean 75k on your W2, or 75k after you've deducted everything?
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I would imagine its gross income. |
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01-24-2008
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#182
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Pewp Champion
Join Date: Nov 2003
Location: Blaine
Drives: Teh Bean
Posts: 12,309
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Re: Tax Returns!
It doesn't look like 75k is a cutoff. Looks like it just starts becoming less of a rebate at that level.
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01-24-2008
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#183
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R U DTF bro?
Join Date: Aug 2003
Location: Oak Point, TX
Drives: C8 Stingray Z51
Posts: 20,620
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Re: Tax Returns!
Quote:
Originally Posted by Halon
It doesn't look like 75k is a cutoff. Looks like it just starts becoming less of a rebate at that level.
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Correct.
__________________
Quote:
Originally Posted by Murlo26
I agree with Kracka.
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01-28-2008
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#184
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Asshat King
Join Date: Oct 2003
Location: Decorah / Ames, Iowa
Posts: 3,683
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Re: Tax Returns!
I just picked up my return. Non-reimbursed business expenses FTW!!!
__________________
DSMSTYLE MAFIA - Holdin' Down the Cornfields of IA
'92 Laser RS AWD & '01 Grand Prix GTP
Proud to be a Cyclone
Check it out: Racers Against Street Racing |
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01-28-2008
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#185
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Pewp Champion
Join Date: Nov 2003
Location: Blaine
Drives: Teh Bean
Posts: 12,309
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Re: Tax Returns!
I just got my W2 in the mail, time to see what I get back!
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01-28-2008
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#186
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Join Date: Nov 2005
Location: Cottage Grove
Drives: Silver '02 IS300, Blue '06 Suzuki SV1000
Posts: 5,293
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Re: Tax Returns!
I just did my whole family's returns on Sunday, so I suspect in a few weeks we should be getting ours too. I'm pretty happy with how I came out this year 
__________________
'02 Lexus IS300
'06 Suzuki SV1000: Back on the road and ripping hard as ever!
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01-28-2008
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#187
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The Newbie
Join Date: Sep 2007
Location: Stilly
Posts: 431
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Re: Tax Returns!
Still waiting on my current employer W2... wtf...  I have my other two though!
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2006 Mitsubishi Eclipse GT
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01-28-2008
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#188
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Pewp Champion
Join Date: Nov 2003
Location: Blaine
Drives: Teh Bean
Posts: 12,309
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Re: Tax Returns!
Anyone going to share how much they're getting back?
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01-28-2008
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#189
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moonshine power
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Re: Tax Returns!
Going to try and figure mine out tonight. We have our W2's, just need to get a copy of turbo tax and I'm on my way!
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01-28-2008
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#190
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R U DTF bro?
Join Date: Aug 2003
Location: Oak Point, TX
Drives: C8 Stingray Z51
Posts: 20,620
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Re: Tax Returns!
Quote:
Originally Posted by Halon
Anyone going to share how much they're getting back?
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Feel free and start it off B!
__________________
Quote:
Originally Posted by Murlo26
I agree with Kracka.
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01-28-2008
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#191
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Asshat King
Join Date: Oct 2003
Location: Decorah / Ames, Iowa
Posts: 3,683
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Re: Tax Returns!
Quote:
Originally Posted by Halon
Anyone going to share how much they're getting back?
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Just under 3x my monthly mortgage payment. 
__________________
DSMSTYLE MAFIA - Holdin' Down the Cornfields of IA
'92 Laser RS AWD & '01 Grand Prix GTP
Proud to be a Cyclone
Check it out: Racers Against Street Racing |
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01-28-2008
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#192
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Pewp Champion
Join Date: Nov 2003
Location: Blaine
Drives: Teh Bean
Posts: 12,309
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Re: Tax Returns!
Quote:
Originally Posted by Kracka
Feel free and start it off B!
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I will gladly start it off since I just got done finishing mine. Again, I used Taxact.com which is a bit cheaper than Turbotax. I even went through Turbotax to see if the numbers would be any different, but they were exactly the same. I do like Turbotax's software a little bit more, but I'm a cheap ass so I went with Taxact.
Federal and State combined: $5782.00 coming back to me in a couple weeks |
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01-29-2008
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#193
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immune from paybans
Join Date: Oct 2005
Location: West Des Moines
Drives: poorly
Posts: 4,358
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Re: Tax Returns!
4700 combined for me this year, 3k more than last year because of the mortgage.
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01-29-2008
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#194
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Bimmer Guy
Join Date: Sep 2006
Location: Wadena
Drives: ///M3
Posts: 448
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Re: Tax Returns!
i havnt even gotten my W-2s yet! damn! my tax returns are going towards an engagement ring, and probably some bills... hopefully i can get some parts sold off my GST, and get my bike sold, then im going to dump that money into the dsm....
BTW, i have no clue how much i will get back...
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MMFTW
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01-29-2008
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#196
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Pewp Champion
Join Date: Nov 2003
Location: Blaine
Drives: Teh Bean
Posts: 12,309
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Re: Tax Returns!
Quote:
Originally Posted by slowboy
4700 combined for me this year, 3k more than last year because of the mortgage.
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Who would have known that paying all that interest, could be so much fun in the end eh? |
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01-29-2008
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#197
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moonshine power
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Re: Tax Returns!
Quote:
Originally Posted by Halon
Who would have known that paying all that interest, could be so much fun in the end eh? |
All that interest we are paying...I have been claiming like 5-6 deductions instead of 0-1 on my paychecks so that I can get another $100 or more dollars per check. I did this the last couple years and still got a couple thousand back.  |
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01-29-2008
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#198
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back in the saddle again
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Re: Tax Returns!
Quote:
Originally Posted by TalonFiero
All that interest we are paying...I have been claiming like 5-6 deductions instead of 0-1 on my paychecks so that I can get another $100 or more dollars per check. I did this the last couple years and still got a couple thousand back. |
Woohoo, someone else claiming over 1!!!
__________________
My street car runs low 11's and my race car's personal best is a mid 11....
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01-29-2008
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#199
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Join Date: Sep 2006
Location: new brighton
Drives: 04 evo
Posts: 1,212
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Re: Tax Returns!
I already got both federal and state back, I got $1493.23, and I just am planning on using it to get caught up with all my bills, so I can afford to do something with the evo in the spring!!!
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01-29-2008
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#200
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Join Date: Nov 2005
Location: Cottage Grove
Drives: Silver '02 IS300, Blue '06 Suzuki SV1000
Posts: 5,293
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Re: Tax Returns!
I'm getting a little over $1500 back combined. Most of wich will go to a set of cams, dsmlink, and new paint.
__________________
'02 Lexus IS300
'06 Suzuki SV1000: Back on the road and ripping hard as ever!
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