Let's just say I had a really good year, To put things into perspective. I paid 31,000 in just federal tax, and got 868.00 back. Damn that seems high, and that's not counting my wife.
Congrats man, I thought I did well and I only owed tick over $2,000.....I may start listening to your opinions more now. Haha, joking of course
I got 869 back from federal but I paid nowhere near the amount you did. But I did just start working full time part way through last year. Sent from my iPhone using Tapatalk
I got a nice return back in Federal, small amount from MA (but of course, they audited us - so waiting for that), little from DE, little from NY, like $12 from NC, owe PA, owe local. ...and I just panicked a minute thinking that April 15th was sooner than it is.
I think we got back $2,700 on federal this year and for the second year in a row we got some back from the state (which we usually owe something stupid like $20).
I worked for 3 years to become a certified developer in serval areas SQL,CRM, BI, and .net. It has paid off
Man i paid in 12,000 for work and then had to pay another 8,000 for the hobby farming and i thought i had it rough
Combined with wife's income too of course. We are close to being bumped into the next bracket and that's the last thing we need since we've finally made it to a comfortable income with 2 kids.
You only pay the higher tax on the amount that is over the current bracket. They don't increase the tax on dollar one. So, making more will not hurt you one bit.
Is that only true with combined incomes? Cause few years back had to pay in because I made too much working bunch of ot and because of my age/martial status. And got told could only make 35k before having to pay in. Maybe it's different now this was back in 2009. Just curious more than anything