People! WEll federal people w-2s are posted on the nfc website! I have already done both my state and federal. Cant wait to get my return son!!!! SOrry for those of you who owe!

 

I'll be doing mine this weekend! Tax return = summer wheels

 

Yea being 20 with no kids and single umm= 12K dollars taken by taxes

 

ouch!! hopefully I don't romped as bad (20, no kids, gf but not married)

 

Most people who work for a federal department make enough money to owe taxes GS-1 thru GS-4 likely not. Rest rest of us owe. Some over pay their bill and get change back, others underpay it in advance and write the check at the end of the year ... but owing is just the same.

I have my two largest W2's and I've paid more than a 2008 Track Edition worth of taxes so far ... and still have one more W2 to add to the count. Have a look at your leave and earning statement and see what you pay in taxes and Medicare.

 

I had 16k taken in taxes IIRC. I sure hope I get some back... gonna buy a new Kart with it.

 

Tax return = sound system!!!

 

Damn, theres some ballers in here!!!

I lost 3800 in federal, and 1000 state

 

my tax return plus my exhaust and headlights will pay 4 my STS kit

 

Can't wait to do my Taxes!!! Getting bukoo back thanks to mortgage interest, local taxes, real estate taxes ... the list goes on in deductions.

 

I always owe.

 

For a future reference, it is financially wiser to owe taxes or break even than it is to receive a refund.
The last thing you want to do, is to lend uncle Sam your money interest free throughout the year.
And if you are really wise, you can avoid paying taxes altogether.

I'm humbled by what many members of this very forum have pay in taxes.
That being said, here is my list of taxes as a reference point:

- Federal Tax
- Social Security Tax
- Medicare Tax
- California State Income Tax
- California SUI/SDI Tax
- Property Tax

Not including any Capital Gains tax, Disqualifying Dispositions, Imputed Income, etc...

 

Im think I might get boned this year in taxes. I sold an investment property and made 13k on it and haven't paid a dime in taxes on it yet

I need deductions like a *****!

 

Tax Return=New rear tires and paying off some debt.

 

Same here
Don't forget the kids too

Stoptech BBK for me this year(from the Wife )

My tax return is going to clear some debt.
I think I should be looking at $8k hopefully on my return.

 

I actually claim 6 allowances on my W4. So I'm actually still getting a lot less taken out per paycheck. It's still nice to have a healthy payout at the beginning of each year. The amount of interest I would gain is less then a couple hundred dollars (not that much in the grand scheme of things).

 

Not sure what my tax landscape is looking like this year: I was a student for the first 8 months of the year, but also worked since June making decent money. Guess we will see in a few weeks! But yeah, nothing beat the tax returns as a college student

 

The thread is misleading.. Im a federal employee but no W2 yet..

 

special treatment is BS I cant get my W2 yet I don't think anyone else should.

anyone on here do taxes??

 

I dunno bout that, Im a college student and i've been almost breaking even every year