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  1. #1
    Geek Extraordinaire 2,500+ Posts KenB's Avatar
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    Ouch, ouch, ouch

    Just filed this year's income tax return.

    Ouch!

    So, just when is this "old enough to know better" thing supposed to kick in?

  2. #2
    Retired 5,000+ Posts slimslob's Avatar
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    Re: Ouch, ouch, ouch

    Yeah. I need to get that done today.


  3. #3
    AutoMajical Resolutionist 2,500+ Posts
    Ouch, ouch, ouch

    Tonerbomb's Avatar
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    Re: Ouch, ouch, ouch

    yeah I'm working on mine also, Those Feds are toooo greedy!!!!!!!!!!!!!!!!!!!!!!!1

    Mystic Crystal Revelations

  4. #4
    RTFM!! 2,500+ Posts allan's Avatar
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    Re: Ouch, ouch, ouch

    In the states does the TAX get deducted from your salaries monthly?
    Do you get returns on travailing?

    Whatever

  5. #5
    Geek Extraordinaire 2,500+ Posts KenB's Avatar
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    Re: Ouch, ouch, ouch

    Quote Originally Posted by allan View Post
    In the states does the TAX get deducted from your salaries monthly?
    Do you get returns on travailing?
    The taxes are deducted from each paycheck, whether weekly, bi-weekly, or however.

    Any under or over payments for the past year are adjusted in April.

    Everyone files a Federal and the appropriate return for their State, and most also need to file for their city of residence.

    Dont know what you mean about "travelling".

    So, just when is this "old enough to know better" thing supposed to kick in?

  6. #6
    RTFM!! 2,500+ Posts allan's Avatar
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    Re: Ouch, ouch, ouch

    If you get a travel allowance and drive your own car for business purposes.

    Whatever

  7. #7
    Geek Extraordinaire 2,500+ Posts KenB's Avatar
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    Re: Ouch, ouch, ouch

    Quote Originally Posted by allan View Post
    If you get a travel allowance and drive your own car for business purposes.
    Depending on how much you get per mile, you can be liable for tax on it if it's too high, and possibly claim the difference if it's too low. Certain conditions must apply to be able to deduct the difference if you are low.

    I think the current maximum allowable amount is 50 cents per mile. This is set federally, by the IRS.

    Please note that this is always a VERY HOT topic, and car allowances always start some very heated discussions.

    So, just when is this "old enough to know better" thing supposed to kick in?

  8. #8
    ALIEN OVERLORD 2,500+ Posts fixthecopier's Avatar
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    Re: Ouch, ouch, ouch

    What you can deduct varies from state to federal taxes. State taxes vary from state to state.

    Democracy is still the worst form of government, except for all the rest of them.

  9. #9
    Geek Extraordinaire 2,500+ Posts KenB's Avatar
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    Re: Ouch, ouch, ouch

    I didn't have enough deductions to itemize this year, so I lost out on being able to deduct my mileage difference.

    So, just when is this "old enough to know better" thing supposed to kick in?

  10. #10
    Field Supervisor 500+ Posts dan7777's Avatar
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    Re: Ouch, ouch, ouch

    Quote Originally Posted by KenB View Post
    Just filed this year's income tax return.

    Ouch!
    Obamacare killed me. My wife started a new job so the reported income changed. $2300 money back to me went to the irs and then some. It was a lot better before Obamacare. Hope they put someone in who kills that. I will most likely retire before I see that happen though. But I am happy to still have a job at 64. I do feel your pain!


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