I owe $426 in taxes

Cotton · **Joined:** Mon Oct 25, 2004 6:12 pm **Posts:** 17155

WHAT THE FUCK. seriously, I'm so pissed I can't even see straight. 3 W-2s, I make very little money, and I owe for the second year in a row. Today blows.

puma · **Posted:** Mon Apr 10, 2006 6:33 pm

you don't even want to know how much i owe... and i don't make that much money either.

damn the irs.

Cotton · **Joined:** Mon Oct 25, 2004 6:12 pm **Posts:** 17155

I'm going to take a shit in an envelope and mail it to them. I'm supposed to leave for Vegas 5 days later and at this rate I might not even be going.

f4df · **Posted:** Mon Apr 10, 2006 6:37 pm

did you do your own taxes or...? Id just double check them..

jewels santana · **Joined:** Thu Nov 04, 2004 2:36 pm **Posts:** 10198

do you poay philly wage tax?

billy g · **Joined:** Mon Oct 25, 2004 1:41 pm **Posts:** 9020

the redworm Wrote:

I'm supposed to leave for Vegas 5 days later and at this rate I might not even be going.

I'm no fan of the IRS but perhaps they're doing you a favor.

Cotton · **Joined:** Mon Oct 25, 2004 6:12 pm **Posts:** 17155

We did my taxes at home, I think there's something fucked up with one of my W-2s because they didn't seem to have taken very much in the way of federals out each month. I'd send them off to some financial panther, but considering how late it is and how much I seem to owe, I'm afraid it would result in my owing $486 instead of the aforementioned amount.

no philly wage tax, I work in Lansdowne.

and billy, if the decision was mine I'd never be going, but it's for one of my oldest friends and since all the preparations have been made I'd feel like a complete dick to back out now.

two guns holla · **Posted:** Mon Apr 10, 2006 6:49 pm

Financial panther, eh?

Cotton · **Joined:** Mon Oct 25, 2004 6:12 pm **Posts:** 17155

GET HIM SHEEBA

Elvis Fu · **Posted:** Mon Apr 10, 2006 6:53 pm

I owe about 4x that amount.

two guns holla · **Posted:** Mon Apr 10, 2006 6:53 pm

I guess I got lucky since I got a decent refund.

Aural Fixation · **Posted:** Mon Apr 10, 2006 7:02 pm

the redworm Wrote:

We did my taxes at home, I think there's something fucked up with one of my W-2s because they didn't seem to have taken very much in the way of federals out each month. I'd send them off to some financial panther, but considering how late it is and how much I seem to owe, I'm afraid it would result in my owing $486 instead of the aforementioned amount.

Cotton, your Federal Tax deductions are based on your earnings per paycheck. Say that you work a P/T job earning $500 every pay period (we'll assume it's biweekly), the taxes are calculated as if you earned $13,000 ($500 x 26 pay periods) in the year. In addition to that, your status and number of allowances (eg, single - 2 allowances) determine how much will be deducted per pay period. Maybe it's time to submit a new W-4.

HaqDiesel · **Posted:** Mon Apr 10, 2006 7:04 pm

i totally thought this said "$426 to texas." which really doesn't change much, but i still wondered who you were working for in texas.

Elvis Fu · **Posted:** Mon Apr 10, 2006 7:04 pm

Aural Fixation Wrote:

the redworm Wrote:

We did my taxes at home, I think there's something fucked up with one of my W-2s because they didn't seem to have taken very much in the way of federals out each month. I'd send them off to some financial panther, but considering how late it is and how much I seem to owe, I'm afraid it would result in my owing $486 instead of the aforementioned amount.

Cotton, your Federal Tax deductions are based on your earnings per paycheck. Say that you work a P/T job earning $500 every pay period (we'll assume it's biweekly), the taxes are calculated as if you earned $13,000 ($500 x 26 pay periods) in the year. In addition to that, your status and number of allowances (eg, single - 2 allowances) determine how much will be deducted per pay period. Maybe it's time to submit a new W-4.

paladisiac · **Posted:** Mon Apr 10, 2006 7:17 pm

between fed & state, i owe 4 digits. WTF is right.

tt · **Posted:** Mon Apr 10, 2006 7:19 pm

what kind of work do you do? can you itemize your deductions or have purchases depreciated? business meals, equipment, shit like that...

The Mayor of Simpleton · **Posted:** Mon Apr 10, 2006 7:20 pm

This is my first year getting money back. Having a baby works like that. It's pretty awesome, because I wasn't paying attention when putting all the crap in the TaxAct software and it took my wife pointing out that we were getting a REFUND rather than owing like I thought we did. I just saw the numbers and assumed we were paying - again - because we ALWAYS owed in the past.

Radcliffe · **Posted:** Mon Apr 10, 2006 7:21 pm

I've got a $4,000 tax debt right now. Come June I'll owe another 5 grand. And believe me, I am NOT looking forward to the inevitable phone call from Revenue Canada.

FT · **Posted:** Mon Apr 10, 2006 7:22 pm

HaqDiesel Wrote:

i totally thought this said "$426 to texas." which really doesn't change much, but i still wondered who you were working for in texas.

The time has come for me to make Cotton an employee of my shadow corporation.

np: Old '97s - "Adelaide"

tt · **Posted:** Mon Apr 10, 2006 7:22 pm

Radcliffe Wrote:

I've got a $4,000 tax debt right now. Come June I'll owe another 5 grand. And believe me, I am NOT looking forward to the inevitable phone call from Revenue Canada.

holy crap, the most i've ever paid was $1000.

MiceElf · **Posted:** Mon Apr 10, 2006 7:27 pm

That sucks...last year I owed just over a thousand so I took a part-time job, this year I owe $100 because of my part-time job. I have been working 6 days a week since August, bleh...I was hoping to get $ back so I can have a vacation this year which I've not had in 5 years...nothing...nada...I'm so poor...my fault for working in the not-for-profit sector!

KPH · **Posted:** Mon Apr 10, 2006 7:30 pm

I made more this year than last, and suddenly I owe the feds something. Last year, I got back 7x as much as I owe this year. Incentive!!!!!!!!!!!!!

paladisiac · **Posted:** Mon Apr 10, 2006 7:34 pm

MiceElf Wrote:

my fault for working in the not-for-profit sector!

wife works for a theatre. they didn't take out taxes. that's half of our pain. (we shoulda paid quarterly...)

tt · **Posted:** Mon Apr 10, 2006 7:39 pm

MiceElf Wrote:

That sucks...last year I owed just over a thousand so I took a part-time job, this year I owe $100 because of my part-time job. I have been working 6 days a week since August, bleh...I was hoping to get $ back so I can have a vacation this year which I've not had in 5 years...nothing...nada...I'm so poor...my fault for working in the not-for-profit sector!

i just requested a friend add on myspace, so add me!

paper · **Posted:** Mon Apr 10, 2006 7:49 pm

cotton, dude. that sucks.

I owe $426 in taxes

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