Taxes

Discussion in 'The Water Cooler' started by Germ, Mar 28, 2016.

  1. Germ

    Germ Legendary Woodsman

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    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.
     
  2. Skywalker

    Skywalker Grizzled Veteran

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    Imagine if you were feeling the Bern!!!!!!!!!
     
  3. tynimiller

    tynimiller Legendary Woodsman

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    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 :evilgrin:
     
  4. elkguide

    elkguide Grizzled Veteran

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    So what's it like living the high life?
     
  5. Parker70

    Parker70 Die Hard Bowhunter

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    I'll get the final damage report Wednesday. Doesn't look good at this point.
     
  6. copperhead

    copperhead Grizzled Veteran

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    I claim Single and 0 and somehow still end up paying the state of NC. :confused:
     
  7. Oly44

    Oly44 Grizzled Veteran

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    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
     
  8. bucksnbears

    bucksnbears Grizzled Veteran

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    Tamica be needin nuw tatoos:usa:
     
  9. PinkPony

    PinkPony Die Hard Bowhunter

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    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.
     
  10. Spear

    Spear Grizzled Veteran

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    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).
     
  11. 130Woodman

    130Woodman Grizzled Veteran

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    I'm still waiting on one document but I'm hopeful I don't have to cut a check this year
     
  12. MnHunterr

    MnHunterr Grizzled Veteran

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    You paid $31,000 in federal taxes... My gross income was about $40,000 :lol:
     
  13. Germ

    Germ Legendary Woodsman

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    I worked for 3 years to become a certified developer in serval areas

    SQL,CRM, BI, and .net. It has paid off;)
     
  14. Germ

    Germ Legendary Woodsman

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    Man that's a nice return:)
     
  15. TKP030

    TKP030 Weekend Warrior

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    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
     
  16. elkguide

    elkguide Grizzled Veteran

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    I'll bet that you're a big Bernie supporter.
     
  17. Spear

    Spear Grizzled Veteran

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    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.
     
  18. fletch920

    fletch920 Grizzled Veteran

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    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.
     
  19. jrk_indle84

    jrk_indle84 Grizzled Veteran

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    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
     
  20. CoveyMaster

    CoveyMaster Grizzled Veteran

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    They should pay me for being most of the local economy...:lol:
     
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