2017 Tax Season and Return Thread Vol. Tax Podcast Mixed In?

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Is it too early for this thread? :nerd:

Not sure if there was an official one or a yearly thread made.

Either way, what yall doin with your return? How complicated are yalls taxes? Who gets their W2 early, late, etc?

I think last year I got my W2 in the late crowd, but got my refund faster than I thought I would. Used it all to pay CC debt. Will likely do the same this year and maybe spend to buy myself one thing. Not sure yet.
 
First off

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But na the thread not going to be the same without @nawghtyhare  and @Superb

Going to stack my money to put towards debt or apartment needs.

I forgot to file my taxes on my car so going to look in to doing so this year.

Also I need to be reimbursed on my travel expenses from 2016
 
Got mine late last year and will probably get it late this year too. I adjusted my taxes this year to pay in more..so I could save a little more without spending so much. Using mine to pay off my car. Can't wait 
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My annual announcement. Strive for little to no return. Big returns generally mean you overpaid throughout the year and left that money on the table (opportunity cost). Obviously if you're prone to spend foolishly, then this forced savings may be best for you.

Carry on...
 
My annual announcement. Strive for little to no return. Big returns generally mean you overpaid throughout the year and left that money on the table (opportunity cost). Obviously if you're prone to spend foolishly, then this forced savings may be best for you.

Carry on...

I just got hip to this a few weeks ago. Changed to start claiming 3 instead if 0. :smh: at me.
 
I used my returns to recoup for the last year or two. Have had to pay for a lot of unforeseen costs this year that ate up savings and took my credit cards by the jugular. Wanna pay them off and keep it off. Hopefully 2017 is a good year for me personally.
 
SMFH been on NT too long, I thought this thread was about tax's podcast :lol:
 
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How is it my boy gets a refund making $70k+ a year? Arent they in a different tax bracket? Single, no kids and doesnt own a home. I have a coworker same way but ends up owing. Pretty sure both claim 0.
 
Wish I still got a return.

*sighs longingly*
 
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Gonna go to da strip club and try to put a few girls through a semester or 2 of community college. 
 
I owed every year that i worked. I hope this year i can get that i8 money
 
Upped my withholding allowances and am now expecting my smallest refund ever.. Couldn't be happier.

The government is not doing us favors. I know way too many people that thank Uncle Sam when their refunds come.
 
Not even in a rush to file. Just had a son & me and his mom were never married so not even sure how to do it this year. Gonna have to read through & update for next year as well. Don't like getting a refund back
 
How is it my boy gets a refund making $70k+ a year? Arent they in a different tax bracket? Single, no kids and doesnt own a home. I have a coworker same way but ends up owing. Pretty sure both claim 0.
Cause the government take more money from his paycheck throughout the year.

Claiming zero allowances
The maximum amount of tax is withheld. Meaning, when it comes time to file your tax return you will most likely receive a refund.
You’re being claimed as a dependent on someone else’s tax return.

Claiming one allowance (ideal if you are single with one job)
You’re single and have one job. Claiming one allowance will most likely result in a refund when you file your taxes.

Claiming two allowances
You are single. Claiming two allowances will get you close to your tax liability but may result in tax due when filing your taxes.
You’re single and work more than one job. Claim one allowance at each job or two allowances at one job and zero at the other.
You’re married.

Claiming three allowances
You are married with one child.
 
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