| Posted By |
Message |
| Pages: [1] 2 |
raken40
soooo in love:)
Member since 5/05 4369 total posts
Name:
Karen
|
tax question how much are you getting back-if you dont mind me asking
i just want to get an idea...our accountant is taking f o r e v e r
and says he thinks we're only getting back $900...doesnt sound right.
I claim 1,
my dh claims 0
and we've had a house since august, so between the interest on that and closing costs...
does this sound right? 
Message edited 3/21/2006 4:12:28 PM.
|
Posted 3/21/06 3:59 PM  |
| |
|
Long Island Weddings
Long Island's Largest Bridal Resource |
nov04libride
big brother <3
Member since 5/05 14672 total posts
Name:
Me
|
Re: tax question how much are you getting back-if you dont mind me asking
Last year we bought a home and paid mortgage/taxes and wound up paying in (DH's bonuses are not taxed when he gets them). This year we're getting $3000 back, but I had $25000 in tuition that is an educational deduction (or something). Our bank interest also hurts us. Without my tuition I think we'd be about $300, with our mortgage.
|
| Posted 3/21/06 4:01 PM |
| |
|
LSP2005
Bunny kisses are so cute!
Member since 5/05 19457 total posts
Name:
L
|
Re: tax question how much are you getting back-if you dont mind me asking
I think if you put up a poll you will get more responses.
ETA: Right now we are in the peak accounting season so if your accountant is taking some time to get back to you I would understand that since we have less than one month until taxes are due. But if you had given him/her your info on February 1st then I would be very upset that he/she was taking so long to get back to you.
Message edited 3/21/2006 4:09:06 PM.
|
| Posted 3/21/06 4:06 PM |
| |
|
calendargrl
LIF Adult
Member since 5/05 1686 total posts
Name:
jan
|
Re: tax question how much are you getting back-if you dont mind me asking
i'm getting back $3500.
|
| Posted 3/21/06 4:07 PM |
| |
|
DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
|
Re: tax question how much are you getting back-if you dont mind me asking
I am getting back over 10k.
This year I am changing my deductions so i can take home more pay in my paycheck which i need for my house.
|
| Posted 3/21/06 4:10 PM |
| |
|
Gertyrae
Peace out Homies!
Member since 5/05 20046 total posts
Name:
Gerty ®
|
Re: tax question how much are you getting back-if you dont mind me asking
We got back about $2000, but we both claim zero plus I have extra taken out cuz last year we had to pay ($10 federal, $5 state per week).
We also bought our house last year, closed in September...I think we will see a bigger refund next year because we will have paid a full years taxes and mortgage payments
|
| Posted 3/21/06 4:12 PM |
| |
|
raken40
soooo in love:)
Member since 5/05 4369 total posts
Name:
Karen
|
Re: tax question how much are you getting back-if you dont mind me asking
Posted by LSP2005
I think if you put up a poll you will get more responses.
ETA: Right now we are in the peak accounting season so if your accountant is taking some time to get back to you I would understand that since we have less than one month until taxes are due. But if you had given him/her your info on February 1st then I would be very upset that he/she was taking so long to get back to you.
we gave it to him 2/12 
|
| Posted 3/21/06 4:13 PM |
| |
|
Lisa
I'm a PANK!!!
Member since 5/05 22334 total posts
Name:
Professional Aunts No Kids
|
Re: tax question how much are you getting back-if you dont mind me asking
we got back almost 10K
|
| Posted 3/21/06 4:14 PM |
| |
|
PiyoPika566
talk to the hand
Member since 5/05 1436 total posts
Name:
Stephanie
|
Re: tax question how much are you getting back-if you dont mind me asking
Posted by DjPiLL
I am getting back over 10k.
I am so jealous!!
I am getting back 2k, not sure about FH yet.
|
| Posted 3/21/06 4:14 PM |
| |
|
BabyBoy
is Skylar Elizabeth
Member since 5/05 4189 total posts
Name:
Tom
|
Re: tax question how much are you getting back-if you dont mind me asking
this question is hard cuase it really depends on your situation, filling status, salary...etc...
you can't compare....
|
| Posted 3/21/06 4:17 PM |
| |
|
DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
|
Re: tax question how much are you getting back-if you dont mind me asking
Posted by raken40
Posted by LSP2005
I think if you put up a poll you will get more responses.
ETA: Right now we are in the peak accounting season so if your accountant is taking some time to get back to you I would understand that since we have less than one month until taxes are due. But if you had given him/her your info on February 1st then I would be very upset that he/she was taking so long to get back to you.
we gave it to him 2/12
That *****. girlygrl33 gave me contact information for an accountant. He handled me pretty quickly... e-filed and all. I should have my refund by next week.
The process literally took a single day. I haven't even paid him yet (which I have to do). 
|
| Posted 3/21/06 4:18 PM |
| |
|
JodiBabe
Married for 9 yrs!!!!!!
Member since 5/05 6672 total posts
Name:
Jodi
|
Re: tax question how much are you getting back-if you dont mind me asking
we got back 3700
|
| Posted 3/21/06 4:19 PM |
| |
|
DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
|
Re: tax question how much are you getting back-if you dont mind me asking
Posted by raken40
i just want to get an idea...our accountant is taking f o r e v e r
and says he thinks we're only getting back $900...doesnt sound right.
I claim 1,
If you claim Married 1... thats a significant decrease in how much tax is withheld.
I went from claiming single0 to Married1.... and they are taking out quite a bit less in taxes from my paycheck. My takehome pay is a lot more now.
The $900 figure could definitely be a realistic one.
|
| Posted 3/21/06 4:20 PM |
| |
|
MrsPornStar
Partners in crime
Member since 10/05 14656 total posts
Name:
Mama
|
Re: tax question how much are you getting back-if you dont mind me asking
I am only getting back $100 and change from federal. I have to pay NYS $900!
DH is getting back over $1000 combined state & federal.
|
| Posted 3/21/06 4:22 PM |
| |
|
Anniegrl
I'm two!
Member since 5/05 4320 total posts
Name:
Ann
|
Re: tax question how much are you getting back-if you dont mind me asking
We got back around $8000.
|
| Posted 3/21/06 4:27 PM |
| |
|
LSP2005
Bunny kisses are so cute!
Member since 5/05 19457 total posts
Name:
L
|
Re: tax question how much are you getting back-if you dont mind me asking
Posted by raken40
Posted by LSP2005
I think if you put up a poll you will get more responses.
ETA: Right now we are in the peak accounting season so if your accountant is taking some time to get back to you I would understand that since we have less than one month until taxes are due. But if you had given him/her your info on February 1st then I would be very upset that he/she was taking so long to get back to you.
we gave it to him 2/12
What??? I would be furious if it has taken this long. I would tell the person not to bother doing them, that you are no longer paying them for their lack of services, and find someone else to do them.
|
| Posted 3/21/06 4:29 PM |
| |
|
metsgirlie
How did you get blue eyes?
Member since 11/05 3763 total posts
Name:
LC's Mommy
|
Re: tax question how much are you getting back-if you dont mind me asking
Posted by DjPiLL
Posted by raken40
i just want to get an idea...our accountant is taking f o r e v e r
and says he thinks we're only getting back $900...doesnt sound right.
I claim 1,
If you claim Married 1... thats a significant decrease in how much tax is withheld.
I went from claiming single0 to Married1.... and they are taking out quite a bit less in taxes from my paycheck. My takehome pay is a lot more now.
The $900 figure could definitely be a realistic one.
I am claiming married 0 right now. If I change to claim married 1 would I risk having to pay at the end of the year?
|
| Posted 3/21/06 4:31 PM |
| |
|
MelToddJulia
Love my Family!
Member since 7/05 29064 total posts
Name:
Mel
|
Re: tax question how much are you getting back-if you dont mind me asking
We got like $8,000 back.
|
| Posted 3/21/06 4:31 PM |
| |
|
Jessica
I'm a mommy :)
Member since 1/06 7322 total posts
Name:
~Jess~
|
Re: tax question how much are you getting back-if you dont mind me asking
You really can't compare because of very different situations.
My parents only claim themselves and got back $8k this year.
My 18 year old bro got back $200.
My 20 year old college student sis got back $2500.
|
| Posted 3/21/06 4:31 PM |
| |
|
chris605
.
Member since 5/05 3204 total posts
Name:
|
Re: tax question how much are you getting back-if you dont mind me asking
How are some of you getting back SOO much....
|
| Posted 3/21/06 4:32 PM |
| |
|
DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
|
Re: tax question how much are you getting back-if you dont mind me asking
Posted by chris605
How are some of you getting back SOO much....
By claiming single 0... (even though you are married).
Claiming single 0 means they take out the maximum amount of taxes they can.
|
| Posted 3/21/06 4:36 PM |
| |
|
DjPiLL
Member since 5/05 3664 total posts
Name:
Richard
|
Re: tax question how much are you getting back-if you dont mind me asking
Posted by metsgirlie
I am claiming married 0 right now. If I change to claim married 1 would I risk having to pay at the end of the year?
Definitely.
Here is a good calculator to see how much more you would get a paycheck.
Withholding Calculator
|
| Posted 3/21/06 4:37 PM |
| |
|
Sassyz75
Turning a new page
Member since 5/05 9731 total posts
Name:
Dina
|
Re: tax question how much are you getting back-if you dont mind me asking
Posted by raken40
i just want to get an idea...our accountant is taking f o r e v e r
and says he thinks we're only getting back $900...doesnt sound right.
I claim 1,
my dh claims 0
and we've had a house since august, so between the interest on that and closing costs...
does this sound right?
Either you get money back at the end of the year, or you have the money in your paycheck throughout the year.
There is no 'free money'.
Better to have the money in your paycheck weekly.
Why give the feds an interest free loan???
|
| Posted 3/21/06 5:24 PM |
| |
|
Diane
Hope is Contagious....catch it
Member since 5/05 30683 total posts
Name:
D
|
Re: tax question how much are you getting back-if you dont mind me asking
we are getting back about $6500 total.
|
| Posted 3/21/06 5:24 PM |
| |
|
Tany
Becoming a different woman
Member since 5/05 24460 total posts
Name:
Tania
|
Re: tax question how much are you getting back-if you dont mind me asking
we got about 3200 but we have a child.
|
| Posted 3/21/06 5:26 PM |
| |
|
| Pages: [1] 2 |
