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Yarr! I be getting a tax refund! Yarr!
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Professional Poster
Join Date: Feb 2000
Location: Nashville, TN
Status:
Offline
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Filed for the 1st time... and I'm getting about 300 in refund money!
SwapFest, here I come!
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Don't try to outweird me, I get stranger things than you free with my breakfast cereal.
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Baninated
Join Date: Apr 2001
Location: Dead whale
Status:
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Right on. On you're way back stop by the Apple retail store and get me a 120gig portable hard disk. Cheers!... I mean Yarr!
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Addicted to MacNN
Join Date: Sep 2000
Location: The Rock
Status:
Offline
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I got $2700 back this year.....well, about $2550 in actual fact because I paid $150 to have HR Block give me the instant return. I made about 13.5 grand in the 13 weeks I worked, which isn't terribly bad at all for a summer job (although I worked absolutely insane hours that would probably make YOUR head explode...me, I'm invincible).
Most of what's left over from paying off the credit card and whatnot is going to go away towards tuition and rent next year, because I pay for my schooling by myself (with the help of handy handy loans). I hope to save a little bit over the next 6 months, however, and perhaps pick up a used dual 1.8 or 2 gig G5 to replace my aging Quicksilver 733.
Any wildly rich Mac users looking to feel good about yourself? Knock a couple hundred below market value on that G5 and do a good deed...
greg
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Mankind's only chance is to harness the power of stupid.
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Professional Poster
Join Date: Feb 2000
Location: Nashville, TN
Status:
Offline
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cameras and computers for me 
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Don't try to outweird me, I get stranger things than you free with my breakfast cereal.
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Baninated
Join Date: Apr 2001
Location: Dead whale
Status:
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tax sucks ass. except when you screw the system. like living on some tropical island without any tax.
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Professional Poster
Join Date: Mar 2001
Location: Pit Slab #35
Status:
Offline
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Originally posted by ShortcutToMoncton:
I got $2700 back this year.....well, about $2550 in actual fact because I paid $150 to have HR Block give me the instant return. I made about 13.5 grand in the 13 weeks I worked,
You received $2700 back for only $13,500? You might be better off changing your claim # if that is the case.
That is a lot of with-holding over what you already paid in.
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I tried to sig-spam the forums.
ADVANTAGE Motorsports Marketing, Inc. • speedXdesign, Inc.
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Professional Poster
Join Date: Aug 2001
Location: Somewhere, but not here.
Status:
Offline
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i'll be getting about $1900cdn back...that will all go towards a nice new G5 (whenever the next rev appears....)
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Artificial intelligence is no match for natural stupidity...
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Senior User
Join Date: Dec 2003
Status:
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not to be the nanny but do you all realize that by overpaying on your taxes you're giving the government an interest free loan? you could have less taxes taken out and invest that money yourself so you get the interest rather than them..
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Professional Poster
Join Date: Feb 2000
Location: Nashville, TN
Status:
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bugger off.. yes, its my money after a pseudo-loan, but its still needed funds.
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Don't try to outweird me, I get stranger things than you free with my breakfast cereal.
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Junior Member
Join Date: Aug 2001
Location: Chicago, IL
Status:
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I used TaxCut this year for the second year in a row. 9 days from e-filing to direct deposit to my bank account. It's too bad the money is going right into a downpayment for a house rather than toys.  
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Peace. Love. MacOSX.
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Addicted to MacNN
Join Date: Jul 2002
Location: Minnesota - Twins Territory
Status:
Offline
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i have to pay in this year...not too much though..so you can shut up  i guess W. needs more money to start more wars.
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"I'm for anything that gets you through the night, be it prayer, tranquilizers, or a bottle of Jack Daniel's."
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Addicted to MacNN
Join Date: Sep 2000
Location: The Rock
Status:
Offline
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I get all my paid taxes back. Essentially, I pay none. School tuition is a perfect write-off, and I alway get carry-over to the next year (this year it was $2600, for example).
I'm not quite sure how I can work and not get any taxes taken off at all. I suppose if I could do that, yeah, I could invest the money (I've thought about it) instead of sending it to the government to hold without paying me interest, but how would that be done? The taxes are automatically deducted from my work cheques. Is there a way around this?
Thanks...
greg
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Mankind's only chance is to harness the power of stupid.
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Addicted to MacNN
Join Date: Oct 2002
Location: Boston, MA
Status:
Offline
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I just mailed my Federal and State Income Tax Forms today. Will be getting a refund from both. Going to use the money on a new G5! 
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"Never give in, never give in, never, never, never, never - in nothing, great or small, large or petty - never give in except to convictions of honor and good sense." Winston Churchill
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Professional Poster
Join Date: Feb 2000
Location: Nashville, TN
Status:
Offline
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Still need to mail mine... but the refund data is from TurboTax...
the cash goes to teh swapfest and photographica with me in April.
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Don't try to outweird me, I get stranger things than you free with my breakfast cereal.
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Mac Elite
Join Date: Dec 1999
Location: Plainview, NY
Status:
Offline
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Originally posted by ShortcutToMoncton:
I get all my paid taxes back. Essentially, I pay none. School tuition is a perfect write-off, and I alway get carry-over to the next year (this year it was $2600, for example).
I'm not quite sure how I can work and not get any taxes taken off at all. I suppose if I could do that, yeah, I could invest the money (I've thought about it) instead of sending it to the government to hold without paying me interest, but how would that be done? The taxes are automatically deducted from my work cheques. Is there a way around this?
Thanks...
greg
in america you fill out a w-4, saying that paid no taxes (or received all as a refund) last year and expect to do the same this year. then the deductions stop.
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Mac Elite
Join Date: Aug 2001
Location: Madison, WI
Status:
Offline
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I can't believe folks get so happy about getting their money back from the government, who pays 0% interest on what you loaned them in excess of your tax liability. Yeah, checks are good, but IT'S ALREADY YOUR MONEY!
I'm getting quite a bit back this year (new exemption for my new kid), and while the check is nice, I shoulda had it in my pocket months and months ago. Time to change my witholding.....
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OS X: Where software installation doesn't require wizards with shields.
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Professional Poster
Join Date: Aug 2001
Location: Somewhere, but not here.
Status:
Offline
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Originally posted by C.J. Moof:
I can't believe folks get so happy about getting their money back from the government, who pays 0% interest on what you loaned them in excess of your tax liability. Yeah, checks are good, but IT'S ALREADY YOUR MONEY!
i know what you're saying...but in my case, i get the "standard" withholding from my pay....i get the refund this (and some other years) because when it gets near tax time i look to see if i have any extra money around and if so i put it into my rrsp (tax deduction) - but because i don't really know if and how much until the last minute i can't really change my withholding...and i just hate the thought of writing them a cheque for more if i end up not having paid enough (enough being their definition, not mine!)
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Artificial intelligence is no match for natural stupidity...
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Dedicated MacNNer
Join Date: Dec 2003
Location: 98122
Status:
Offline
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My refund is $1.53.
No joke.
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12" AlBook • 15" Albook • G4 Cube • iSight • Original iPod • PB 100 • Newton 110 • Quicktake 100
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Mac Elite
Join Date: Nov 2003
Status:
Offline
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Originally posted by jld:
My refund is $1.53.
No joke.
I would blow that on hookers and drugs.
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Posting Junkie
Join Date: Sep 2001
Status:
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Originally posted by _?_:
I would blow that on hookers and drugs.
i lold
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Mac Elite
Join Date: Sep 2000
Location: Canada
Status:
Offline
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Originally posted by spiky_dog:
in america you fill out a w-4, saying that paid no taxes (or received all as a refund) last year and expect to do the same this year. then the deductions stop.
I think it's a T-1 in Canada. But, yeah, Shortcut, you can simply change your deductions. The reason you had so much withheld is either because you made a lot of money the year before, or your employer simply didn't do the paperwork correctly.
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Addicted to MacNN
Join Date: Oct 2002
Location: Boston, MA
Status:
Offline
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Originally posted by jld:
My refund is $1.53.
No joke.
Many have told me that you are handling your tax situation the smart way. You are earning interest on your money instead of giving the government an interest free loan. Mine is due to donations and my wife's business deductions.
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"Never give in, never give in, never, never, never, never - in nothing, great or small, large or petty - never give in except to convictions of honor and good sense." Winston Churchill
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Senior User
Join Date: Dec 2003
Status:
Offline
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Originally posted by DeathToWindows:
bugger off.. yes, its my money after a pseudo-loan, but its still needed funds.
but you'd have those needed funds and more (interest) if you modified your deductions.
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