So whos done their taxes?
#1
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So whos done their taxes?
Finally sat down and did mine last night. I'm not pimping, but TurboTax is frigging amazing. I use their deluxe service which explains everything imaginable, and takes care of importing data from banks, brokerages, and W2's which really simplifies the process and saves time.
I wasn't expecting any return this year(last year I got 2500). This time I actually wound up owing 44 dollars after the refund from NJ + whats owed to IRS + whats owed to NY.
All in all I guess I should be happy, I got taken for 144 dollars this time around, 100 being what turbotax charges. Could have been worse I guess, or could have been better had I had something to write off.
How'd everyone else make out?
*Please keep your salary to yourself, this is not a dick measuring contest(that's next weeks thread)*
I wasn't expecting any return this year(last year I got 2500). This time I actually wound up owing 44 dollars after the refund from NJ + whats owed to IRS + whats owed to NY.
All in all I guess I should be happy, I got taken for 144 dollars this time around, 100 being what turbotax charges. Could have been worse I guess, or could have been better had I had something to write off.
How'd everyone else make out?
*Please keep your salary to yourself, this is not a dick measuring contest(that's next weeks thread)*
#4
F dat turbo tax stuff. The wife and I paid $50 for both and were gettin back quite a bit.
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#5
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taxact.com is also pretty good if you dont get complicated.
i got complicated. i get back a LOT because I didn't estimate half a year of home ownership deductions very well.
interesting thing turbotax online does is calculate how much you can give to your 401k without decreasing your take home pay.
oh also, i'm waiting to do my taxes until AFTER the stimulus package is settled. It could mean quite a lot of money.
OH OH OH that reminds me, the first time homebuyer credit may be applicable to NON-first time buyers. holla!
i got complicated. i get back a LOT because I didn't estimate half a year of home ownership deductions very well.
interesting thing turbotax online does is calculate how much you can give to your 401k without decreasing your take home pay.
oh also, i'm waiting to do my taxes until AFTER the stimulus package is settled. It could mean quite a lot of money.
OH OH OH that reminds me, the first time homebuyer credit may be applicable to NON-first time buyers. holla!
#7
I use TaxSlayer since my return is simple. I filed the day I got my W2s, didn't want it hanging over my head, and anything that happens with the stimulus package will apply to anyone that's already filed anyway like it did last year. Got back just under $900. Now I'm planning out what I can do to maximize my paycheck and minimize my return next year, I like having my money now.
#10
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Im kinda new to this whole tax thing, but if I understand it correctly one shouldn't be getting back or giving at the end of the year, optimally speaking. I mean if you owe, then you didnt have enough withheld, and if you are getting back then you had to much withheld.
#11
You guys getting back thousands of dollars suck at economics and need to estimate better. You're giving uncle sam an interest-free loan.
Twice a year I check my deductions and adjust them as necessary to ensure that I neither give them a free loan nor get hammered by underpayment penalties.
Between federal and state, I owe about $171.00. Filed my state return already (because that's a small refund) and will file federal before I go to sleep on 4/15.
Twice a year I check my deductions and adjust them as necessary to ensure that I neither give them a free loan nor get hammered by underpayment penalties.
Between federal and state, I owe about $171.00. Filed my state return already (because that's a small refund) and will file federal before I go to sleep on 4/15.
#14
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I think we had withholdings pretty accurate, but bought the house in late July. I will have to see if the mortgage interest we paid is greater than the standard deduction for married filing jointly. It should be, which means I'll get back some moolah, and probably have to adjust our withholdings again.
#18
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I kind of like a refund because Im bad with saving money. Giving it to uncle Sam allows me to have a big chunk at the end of the year to play with. If I had kept it, I would have blown it on little **** I didnt need, like food or alcohol... which it goes towards partly at the end of the tax year anyway.