01-23-2006
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#1
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Join Date: Jan 2004
Location: Apple Valley, MN
Drives: 2012 Audi S4
Posts: 860
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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?
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01-23-2006
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#2
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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: 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.
__________________
Quote:
Originally Posted by Murlo26
I agree with Kracka.
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01-23-2006
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#3
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Area code 166 represent
Join Date: Aug 2003
Location: Crystal, MN
Posts: 10,329
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Re: 2005 Tax Returns: What will you get?
I have no clue what I will get back due to school.
__________________
'16 Focus ST - Daily Duty
'93 mr2 - Track car in progress
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01-23-2006
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#4
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Join Date: Oct 2003
Location: Savage/Winona
Posts: 107
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Re: 2005 Tax Returns: What will you get?
Getting back around $300
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01-23-2006
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#5
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Admin
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Re: 2005 Tax Returns: What will you get?
Last two years I got back about 40-50. I expect the same this year.
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01-23-2006
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#6
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Now 1 second.....slower!
Join Date: Jul 2004
Location: St. Paul, MN
Drives: 1993 Talon AWD
Posts: 1,359
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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  . |
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01-23-2006
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#7
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Mazda Bitch
Join Date: Oct 2003
Location: MN
Posts: 3,208
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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.
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01-23-2006
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#8
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Mazda Bitch
Join Date: Oct 2003
Location: MN
Posts: 3,208
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Re: 2005 Tax Returns: What will you get?
Quote:
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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.
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Can I ask what you claim Chris? You can PM me. I suck at that part....lol. I shouldn't.... |
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01-23-2006
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#9
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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: 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.
__________________
Quote:
Originally Posted by Murlo26
I agree with Kracka.
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01-23-2006
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#10
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Join Date: Dec 2003
Location: Eagan
Drives: 06 RSX
Posts: 503
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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!  |
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01-23-2006
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#11
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CompUSA Whore
Join Date: Feb 2004
Location: Minnesota
Drives: 07 Civic Si, 06 IS 350 and I own a dsm
Posts: 385
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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.
__________________
91 tsi awd
07 Civic Si
06 IS 350
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01-23-2006
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#12
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Rainbow Boy
Join Date: Oct 2003
Location: Richfield, MN
Drives: 96 Civic HX
Posts: 908
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Re: 2005 Tax Returns: What will you get?
hmmmmmm
Being a delivery driver for Pizza Hut sucks, or does it?
hahahahahhaha!
-Colin
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01-23-2006
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#13
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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: 2005 Tax Returns: What will you get?
Quote:
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Originally Posted by cudvig
hmmmmmm
Being a delivery driver for Pizza Hut sucks, or does it?
hahahahahhaha!
-Colin
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Tips? What tips?!? 
__________________
Quote:
Originally Posted by Murlo26
I agree with Kracka.
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01-23-2006
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#14
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aka Goodbye
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Re: 2005 Tax Returns: What will you get?
A big bill.
__________________
2009 Corvette Z51-SOLD
1992 Mitsubishi Eclipse GSX-SOLD
2013 BMW Z4-Current summer hooptie
2017 GMC Yukon-Current winter hooptie
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01-23-2006
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#15
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back in the saddle again
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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!
__________________
My street car runs low 11's and my race car's personal best is a mid 11....
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01-23-2006
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#16
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Mazda Bitch
Join Date: Oct 2003
Location: MN
Posts: 3,208
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Re: 2005 Tax Returns: What will you get?
Quote:
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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.
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Crap.... I just hope I break even at this point then.... |
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01-23-2006
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#17
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Resident Redneck
Join Date: Jul 2005
Location: Corpus Christi, Texas
Posts: 415
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Re: 2005 Tax Returns: What will you get?
Around $6,000. Yes, I pay a shitload in taxes.
__________________
'07 Z06 Black/Black 2LZ
Headers, CAI, Tuning, 160 T-stat & 125hp dry N2O kit.
10.48 @ 136.86 w/1.65 60'
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01-23-2006
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#18
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Now 1 second.....slower!
Join Date: Jul 2004
Location: St. Paul, MN
Drives: 1993 Talon AWD
Posts: 1,359
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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!
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01-23-2006
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#19
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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: 2005 Tax Returns: What will you get?
Quote:
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Originally Posted by 1slowdsm
Man, how nice it would be to get $6000. My DSM could be be worry-free for two years!
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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?
__________________
Quote:
Originally Posted by Murlo26
I agree with Kracka.
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01-23-2006
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#20
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Join Date: Jan 2004
Location: Apple Valley, MN
Drives: 2012 Audi S4
Posts: 860
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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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