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Topic:
Doing my taxes and this doesn't make sense to me...
[Locked] |
.Kid.
Title: Disgustipated
Posts: 302
Registered: 2004-12-26 16:21:27
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Date Posted:
1/1/00 12:00am
Subject:
Doing my taxes and this doesn't make sense to me...
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I've been a full-time student and working part-time, so, I didn't make much in 2011. I've tried 2 different tax websites and both say the same thing: I get a full refund of fed and state tax that I paid. So, I pay nothing in taxes this year? Its a nice gesture to get $2K back, but its never happened before and I'm still dumbfounded. I always claim 0 on my W-4's in case the IRS tries raping me for cash - obviously not a guarantee, but its better than getting whammy'ed with a $2-$4K bill from the IRS.
Can someone please talk some clarity before I hit the 'File' button? Just doesn't make sense to pay $0 in taxes.
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Sith_Mauler
Posts: 1,851
Registered: 2002-12-21 13:40:03
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Date Posted:
1/1/00 12:00am
Subject:
Doing my taxes and this doesn't make sense to me...
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how much did you earn for the year?
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Well I ain't first class
But I ain't white trash
I'm wild and a little crazy too
I have seen a lot of things in my life time.
That is why I walk the line I walk.
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Gaevren
Title: Wat do?
Posts: 1,181
Registered: 2004-9-15 09:29:36
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Date Posted:
1/1/00 12:00am
Subject:
Doing my taxes and this doesn't make sense to me...
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That actually sounds right to me. For the first several years of our marriage, while my husband was enlisted in the Army, we always got everything back we had paid in taxes. Our state didn't do state taxes so it was just federal, but yeah it can and does happen. More often than you might think.
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There are no automatic doors, just very polite ninjas
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Tipztoe
Posts: 1,775
Registered: 2004-3-1 17:53:43
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Date Posted:
1/1/00 12:00am
Subject:
Doing my taxes and this doesn't make sense to me...
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I forget what the number is, but if you make under a certain amount yearly, you don't have to pay taxes.
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.Kid.
Title: Disgustipated
Posts: 302
Registered: 2004-12-26 16:21:27
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Date Posted:
1/1/00 12:00am
Subject:
Doing my taxes and this doesn't make sense to me...
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It was less than $6,000.
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Sith_Mauler
Posts: 1,851
Registered: 2002-12-21 13:40:03
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Date Posted:
1/1/00 12:00am
Subject:
Doing my taxes and this doesn't make sense to me...
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.Kid. posted:
It was less than $6,000.
yeah income has to be way above that number.
-----signature-----
Well I ain't first class
But I ain't white trash
I'm wild and a little crazy too
I have seen a lot of things in my life time.
That is why I walk the line I walk.
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Tipztoe
Posts: 1,775
Registered: 2004-3-1 17:53:43
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Date Posted:
1/1/00 12:00am
Subject:
Doing my taxes and this doesn't make sense to me...
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yeah don't quote me but 6k sounds about right
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.Kid.
Title: Disgustipated
Posts: 302
Registered: 2004-12-26 16:21:27
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Date Posted:
1/1/00 12:00am
Subject:
Doing my taxes and this doesn't make sense to me...
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Past 2 years I was working full-time (and full-time school), so, I guess so! Couldn't handle both and cut back on work. And I think my 401K f***ed me over one year. Just very, very strange to me
Edit: I just figured EVERYONE paid some percentage of tax unless you didn't earn income or w/e
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Sith_Mauler
Posts: 1,851
Registered: 2002-12-21 13:40:03
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Date Posted:
1/1/00 12:00am
Subject:
Doing my taxes and this doesn't make sense to me...
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.Kid. posted:
Past 2 years I was working full-time (and full-time school), so, I guess so! Couldn't handle both and cut back on work. And I think my 401K f***ed me over one year. Just very, very strange to me
Edit: I just figured EVERYONE paid some percentage of tax unless you didn't earn income or w/e
Nope we use a progressive tax system.
I did taxes last year and the number of people that pay nothing in and yet receives thousands back from EIC and other child tax credits etc.. is just mind boggling.
-----signature-----
Well I ain't first class
But I ain't white trash
I'm wild and a little crazy too
I have seen a lot of things in my life time.
That is why I walk the line I walk.
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Dark_EternalFF
Title: Official ACF Turd
Posts: 1,838
Registered: 2002-11-8 22:44:06
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Date Posted:
1/1/00 12:00am
Subject:
Doing my taxes and this doesn't make sense to me...
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I always have someone else do my taxes. You should too.
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Max Fox (AC), Zygran (WoW, SWTOR)
"We poison our air and water to weed out the weak! We set off fission bombs in our only biosphere! We nailed our God to a stick! Don't fk with the human race!"
DE/Mr Pants 2012 
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