Tax Day

[CAMSDADDY]

Monday is tax day. Anyone else making major changes to their tax planning this year after filing? We are getting a refund this year which means they got to use our money instead of us. Might have been because I bumped up my 401k withholding.

I increased my withholdings just a little.

I owe. And I'll pay on the 15th, no sooner.

I owed and honestly just wanted to get it behind me. I paid them and got it over with

**** them. I paid out.
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Congratulations this tells us you had a great year.

 

[TheGman]

We got refunds this year (not big) first time in years

Paid far too much througout the years

 

[kodis556]

Just imagine if everyone had to WRITE A CHECK to the .gov every two weeks when they got paid instead of having taxes magically disappeared from their paycheck? Think some sheeple would wake the F up?

 

[Hayata]

Planning to do mine this weekend.

May be more to sell at ODT III than I originally planned for...

 

[mfoster]

Got to pay I try to have enough takin out to break even.my youngish daughter(still living at home going to school and working) decided to let her friend do hers ( claiming herself) without telling .and she’s getting back about a grand and I got to pay about 1100 lost that dependent.

 

[Jdadams]

I thought tax day was October 15th

 

[dcline9163]

What happens if you just don't do it? Serious question. Like for 2 years.

Had that happen to a guy, he wanted to know why he didn't get paid that week, payroll said IRS put a hold on his pay check. He kept getting letters fro the IRS and he thru them in the trash. He had to make arrangements before they would release his checks

 

[dcline9163]

Monday is tax day. Anyone else making major changes to their tax planning this year after filing? We are getting a refund this year which means they got to use our money instead of us. Might have been because I bumped up my 401k withholding.

Really a good idea as I done that for years to offset the amount of money I made to put it in a place where I could draw it in retirement. Makes life really better.

 

[Allsmiles]

I've maxed out my 401k the last 5 years or so and since I'm over 55 that is a chunk of change missing from checks. Trying to play the long game and retire shortly (like very shortly). Refund is mainly because the wife made less in her contract job; but that means I get to see her more.

 

[dcline9163]

I've maxed out my 401k the last 5 years or so and since I'm over 55 that is a chunk of change missing from checks. Trying to play the long game and retire shortly (like very shortly). Refund is mainly because the wife made less in her contract job; but that means I get to see her more.

You also can do traditional IRA's for the both of you. I always did one on each of us for about $6500.00 each, in return my refund always paid for 1 of them nearly.