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Old 01-30-2013, 06:27 PM   #11
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Originally Posted by notdku
Ever tried going to HR Block and comparing to Turbo Tax results?
We use H&R Block and we still get screwed. Last year my wife and i jointly got 1200 bucks, i think we owed 200 to state and we had one kid at the time.

I swear if i hear my lazy ass sister in law brag about her 9k tax check this year im gonna punch her in the face!
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Old 01-30-2013, 06:36 PM   #12
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Originally Posted by Bigcountry02 View Post
Nope! Dogs do not count!
I knew an auditor who ran checked a guy for sales tax and asked about a dependant who disappeared after a few years (out of statute years); the taxpayer explained that the dog had died of natural causes and was no longer claimed.
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Old 01-30-2013, 06:49 PM   #13
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Originally Posted by Sniper03 View Post
Big Country,

For those that thinks our government is fair!
We pay taxes on our income each week by paychecks
We pay tax on top of that for our yearly wages for by April of the following year.
In all fairness, we prepay our annual taxes through a deduction from our paychecks and calculate if we have paid enough or too much between January and April of the following year. If we have paid to much we get a REFUND (not a return), but if we haven't paid all that is due, we pay by April.


We pat tax on sales tax our cars our homes and all other items
There are any number of items that are not subject to sales tax. Coffins amongst others, in MS. Medication or medical supplies that could/would be covered by Medicare.



edit*


We pay tax on Car Plates
We pay tax on boat and trailer plates
Real Estate Property Tax
Yes, various governments in this country levy property taxes on various kinds of property: land, houses, cars, OTR trucks, etc.

Sales Tax for items we buy
Yes, we pay sales tax on many items that we buy, sometimes we pay it to the state, the county, and the city. Sometimes we pay by check; sometimes we just say HECK.

Tax on capital gains if we sell anything
We pay capital gains tax on any capital gains (excess of sales price over purchase price/investment/equity/basis) we have from sales of property of various kinds.


We pay tax on those items we already payed taxes on more than once for family inheritance issues
Some States have a Death Tax. While you are dying to keep from paying taxes~ LOL!
Not exactly; when you & your spouse die (assuming you have significant financial resources), your financial remains will be taxed before distribution to your heirs. The heirs are not taxed on their inheritance; the government gets its cut BEFORE distribution.


Your kids and family required to pay inheritance tax on things you have paid multiple times on already. BS!

I guess that is why I am totally Pis--d when they give jets and trillions of our tax payers dollars to outside countries and those that are completely on the free entitlement programs. Like Egypt and other countries that never support us anyway.

03
I do agree with your unhappiness about how our tax dollars are often squandered. I don't mind paying some rent, but the landlord better put some of it on the paint job & plumbing.
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Old 01-30-2013, 07:15 PM   #14
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Originally Posted by notdku View Post
Ever tried going to HR Block and comparing to Turbo Tax results?
Done both software last year and the amounts we owed was right on.

We owed $1460 for Feds and $633 for state! Doubled from last year.
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Old 01-30-2013, 07:21 PM   #15
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I'm no fan of H&R Block, but i had friends in grad school who worked there on a temp basis. The good thing about having someone else work up your tax return is their objectivity and freshness to the data. You want the other person to notice mistakes you didn't.

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Old 01-30-2013, 07:29 PM   #16
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Turbo Tax is part of Intuit who has been dropping credit card transactions for some FFL's. I have chosen not to use any of their products anymore.

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Old 01-30-2013, 07:55 PM   #17
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Anyone who gets $7,000 dollar tax returns is not very smart. That only means you are loaning the Feds $600 bucks of your money interest free every month you work. How smart is that. You should have zero in returns.
And they are most likely paying some credit card company 18% a month interest because they are short on income.

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Old 01-30-2013, 08:40 PM   #18
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I'm a self employed electrician ..... I got over 10k back last year. I pay quarterly because I don't want to pay a penalty. I have lots of write offs ... its nice to know I will have some play money and some to fall back on if work slows up. In my opinion a return is a good thing

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Old 01-30-2013, 08:49 PM   #19
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Single dad of 1 child. I file head of household. I already submitted my return to be filed whenever they open the floodgates and I will get a small refund, mainly because I don't claim my son on my W4. I don't believe in over paying much but would rather get a little bit back than owe.

I use TaxAct.com and have done for a few years.

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Old 01-30-2013, 08:53 PM   #20
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Not me. My wife and I have pretty standard fed/income filings and our local tax guy makes sure we get money back each year. Dont rely on freaking Turbo Tax. My wife realized she was cheating herself out of $1000 every year before we got married and I introduced her to my guy!

Its a smart return on investment. $150 or whatever they charge could yield you WELL over $1k

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