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We just did our taxes....OMG

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Pages: [1] 2

leighdvm
My golden boys!

Member since 3/06

4419 total posts

Name:
Michele

We just did our taxes....OMG

This is our first tax return since we got married and we got hit hard! We owe $1,500 for state and federal combined......Holy crow! I've always gotten money back when I was single.....what's the dealio?? I guess with the combined salaries, we get penalized? (we don't have children yet). We were able to write off our mortgage interest, but it wasn't much because we only bought the house in October....Jeez.......anyone else get a wake-up call this year???

Posted 2/14/07 5:58 PM
 
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LisaW
Time for me to FLY!

Member since 5/05

13199 total posts

Name:
Did I ever tell you that I hate people?

Re: We just did our taxes....OMG

I haven't done them yet, but last year was the first year I ever got anything back!!

Every other year we have owed $$$$$$ Chat Icon

Posted 2/14/07 6:01 PM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: We just did our taxes....OMG

maybe it pays to re-file as single jointly?

Posted 2/14/07 6:09 PM
 

meganNbobby
Our Family is Complete

Member since 5/05

2774 total posts

Name:
Megan

Re: We just did our taxes....OMG

we paid our first year of marriage too... but we didnt have a house.....

this year... we got almost 5K back!!

Posted 2/14/07 6:10 PM
 

leighdvm
My golden boys!

Member since 3/06

4419 total posts

Name:
Michele

Re: We just did our taxes....OMG

Posted by meganNbobby

we paid our first year of marriage too... but we didnt have a house.....

this year... we got almost 5K back!!



wow! how did you swing that? do you have children???

Posted 2/14/07 6:11 PM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: We just did our taxes....OMG

i've gotten back each year since we got married. In fact, I think I paid two times in my life.

It really depends on deductions and your tax bracket and of course how much has been withheld from your pay.

Posted 2/14/07 6:23 PM
 

shell
:-)

Member since 6/06

2988 total posts

Name:

Re: We just did our taxes....OMG

I hope we do not have to pay anything back!!!
I'm hoping for a decent amount back.

Message edited 2/14/2007 6:27:18 PM.

Posted 2/14/07 6:27 PM
 

BlueDiamonds
mommy to 3 boys

Member since 2/07

3885 total posts

Name:
proud mommy

Re: We just did our taxes....OMG

Posted by Blu-ize

i've gotten back each year since we got married. In fact, I think I paid two times in my life.

It really depends on deductions and your tax bracket and of course how much has been withheld from your pay.



Same here. We got married in November and filed jointly this year. Although the combined income puts us in a higher tax bracket, we are still getting back $5K this year. We don't own and we don't have children. However, we still claim 0 and single when it comes to our paychecks (more tax taken out each week), we put $ into our 401K and we have a lot of deductions with DH's job. We also were able to claim sales tax we paid last year (we bought 2 new cars, got married and bought new furniture).

Posted 2/14/07 6:39 PM
 

SweetestOfPeas
J'taime Paris!

Member since 3/06

32345 total posts

Name:

Re: We just did our taxes....OMG

yes, we got a wake up call, bigtime! we owe the state and are getting back from the federal, but by the time we're done paying the state, what we have left over is a joke! we ALWAYS get back a LOT and I am so PO'd! Chat Icon

my severance in 2006 really hurt us b/c it pushed us into the next tax bracket. it sucks Chat Icon Chat Icon

Posted 2/14/07 6:43 PM
 

leighdvm
My golden boys!

Member since 3/06

4419 total posts

Name:
Michele

Re: We just did our taxes....OMG

Posted by SweetestOfPeas

yes, we got a wake up call, bigtime! we owe the state and are getting back from the federal, but by the time we're done paying the state, what we have left over is a joke! we ALWAYS get back a LOT and I am so PO'd! Chat Icon

my severance in 2006 really hurt us b/c it pushed us into the next tax bracket. it sucks Chat Icon Chat Icon



Yeah, with our salaries, we are in a much higher tax bracket.....we both claim "0", but I guess we just have to deal with it......dang....

Posted 2/14/07 7:00 PM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: We just did our taxes....OMG

Posted by BlueDiamonds

Posted by Blu-ize

i've gotten back each year since we got married. In fact, I think I paid two times in my life.

It really depends on deductions and your tax bracket and of course how much has been withheld from your pay.



Same here. We got married in November and filed jointly this year. Although the combined income puts us in a higher tax bracket, we are still getting back $5K this year. We don't own and we don't have children. However, we still claim 0 and single when it comes to our paychecks (more tax taken out each week), we put $ into our 401K and we have a lot of deductions with DH's job. We also were able to claim sales tax we paid last year (we bought 2 new cars, got married and bought new furniture).



we have w2 income and 1099 income and we write a ton of stuff down and off. Between schedules A and C we figure it out. Owning 2 homes this year, I'm curious to find out how much better it will be.

I'm hoping for a 5 digit return. Hoping but I think it will be less.

Posted 2/14/07 7:08 PM
 

jerrysgirl
I love my hot dog!!

Member since 6/06

5357 total posts

Name:
E & J

Re: We just did our taxes....OMG

there is a marriage penalty. sucks. you might want to change your withholdings from your on w2.

Posted 2/14/07 7:26 PM
 

Moehick
Ready for the sun!

Member since 5/05

30339 total posts

Name:
Properly perfect™

Re: We just did our taxes....OMG

Change your witholding...we actually got more back after marriage

Posted 2/14/07 7:28 PM
 

Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: We just did our taxes....OMG

we get alot of write offs b/c my DH is 1099

and we have a ton of out of pocket medical bills for this year- so we should be ok

Posted 2/14/07 7:30 PM
 

megsm3
Life is Good!!

Member since 8/06

3867 total posts

Name:
M

Re: We just did our taxes....OMG

We got back $$ last year as singles - I really hope we do not have to pay - we would not be happyChat Icon

Posted 2/14/07 7:37 PM
 

scarletbegonia
Mr. Handsome

Member since 5/06

13481 total posts

Name:
V

Re: We just did our taxes....OMG

We got back over 7,000 last year. It was our first year filing together as a married couple.

DH does a ton of write-offs for his job

I am hoping we get around the same this year.

Posted 2/14/07 7:41 PM
 

RobeyMuse
my little man

Member since 5/05

1350 total posts

Name:
Jenn

Re: We just did our taxes....OMG

we learned our lesson last year- we ended up owing 6k. Chat Icon

this year we are getting back 8k.

Posted 2/14/07 10:25 PM
 

Jessica
I'm a mommy :)

Member since 1/06

7322 total posts

Name:
~Jess~

Re: We just did our taxes....OMG

Posted by RobeyMuse

we learned our lesson last year- we ended up owing 6k. Chat Icon

this year we are getting back 8k.



wow!!!!!
thats a HUGE difference.

if you dont mind me askig, what did you do so differently?
claimed different?
filed as single or married?

Posted 2/14/07 10:27 PM
 

babymakes3
Almost there!

Member since 7/06

7376 total posts

Name:

Re: We just did our taxes....OMG

We owe thousands. Our first year ever that we have to pay in. We even had a child in 2006! We did save $800 by filing separately but still...

Our friend (an accountant) said that every married couple he knows has had to pay in this year. Chat Icon

Posted 2/14/07 10:36 PM
 

emilain
UNREAL!!!!!!!!

Member since 5/05

4457 total posts

Name:
Mama

Re: We just did our taxes....OMG

we always owe lots (thousands), but also have many write offsChat Icon

Posted 2/14/07 10:39 PM
 

Tine73

Member since 3/06

22093 total posts

Name:
*********

Re: We just did our taxes....OMG

We owe $3400 this year due to DH filling out his W2 wrong....Chat Icon Chat Icon

Posted 2/14/07 10:48 PM
 

nyteacher13
Three Under Four!!! :-)

Member since 8/06

6405 total posts

Name:
~ THERESA ~

Re: We just did our taxes....OMG

Ever since we've filed jointly, dh and I have been getting between 5-8k back. We then pay federal around 1k.

Posted 2/15/07 12:13 AM
 

princess99
LIF Adult

Member since 5/05

3944 total posts

Name:
ME

Re: We just did our taxes....OMG

We owed 8,600! I could not freaking believe it!

Posted 2/15/07 7:24 AM
 

ODonnell
.

Member since 9/05

5983 total posts

Name:

Re: We just did our taxes....OMG

We filed married seperately last year and got back $7K. We only had the write off on our house for half of that year.

This year, we filed married jointly and had much more to write off, but are getting less than half that back.Chat Icon

We did change our withholdings to from single 0 to married 0 and married 1, but I thought we would get much more back.Chat Icon

Posted 2/15/07 7:48 AM
 

MikesWife
Wanting...........

Member since 1/06

6887 total posts

Name:
Karen

Re: We just did our taxes....OMG

We owe $3,800 Chat Icon

And to think, I was hoping to get money BACK!!

Posted 2/15/07 8:00 AM
 
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