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Thread: So here we are...Income tax return time!!!

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  1. #1
    John Paul II, wat!? blaknoize's Avatar
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    Quote Originally Posted by Vteckidd View Post
    10-99, single male, no children, head of household, self employed=IRS RAPING.

    I'm prob gonna stick all the money in a 401k /Roth because I believe they can't tax it then.

    Creative accounting is a must.

    I gotta add up my deductions see if I can whittle it down some.
    GOD! Where does "owing" money come from? I thought my 1500 was alot.

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  2. #2
    Scottish Scotsman's Avatar
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    Quote Originally Posted by blaknoize View Post
    I have yet to receive a tax return.
    shocker

    Quote Originally Posted by Julio View Post
    Absolutly nothing. I need nothing. Savings. Stack my riches..lmao.. No, but seriously, I'm with Vteckidd.. Be smart.
    coming from , someone who doesnt have to work................lol

    Quote Originally Posted by teh bri View Post
    I'm going to Miami too, then PCB for Spring Break.
    typical tween ,lol

    Quote Originally Posted by blaknoize View Post
    GOD! Where does "owing" money come from? I thought my 1500 was alot.
    1500 , will buy you an axle on here

  3. #3
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    Quote Originally Posted by Scotsman View Post
    shocker

    coming from , someone who doesnt have to work................lol

    typical tween ,lol

    1500 , will buy you an axle on here
    Who me ? I wish ...

  4. #4
    Scottish Scotsman's Avatar
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    Quote Originally Posted by Julio View Post
    Who me ? I wish ...
    smh , re read the thread

  5. #5
    IA.COM Founder.
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    Quote Originally Posted by Scotsman View Post
    smh , re read the thread

    I know man.l wishful thinking, that's all.

  6. #6
    Who is John Galt? Echonova's Avatar
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    Quote Originally Posted by blaknoize View Post
    GOD! Where does "owing" money come from? I thought my 1500 was alot.
    When you're 10-99 you don't pay taxes until you file. Usually it helps if you do it quarterly, but most people have no idea how much you pay in taxes, only what you "net".


    When you get money back, it means you lent the Government money tax-free (over-paid) for a year. Shame they won't return the favor if the roles are reversed.

  7. #7
    Gods Chariot Vteckidd's Avatar
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    Quote Originally Posted by blaknoize View Post
    GOD! Where does "owing" money come from? I thought my 1500 was alot.
    I'm 10-99 subcontractor, I bill hourly rate $XX/HR, they pay me after I invoice, I'm responsible for paying all taxes.

    Figure $16000ish cause I'm in the 15-20% bracket. Reverse math you can figure my income.
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