We are! We are! For the first time in 4-5 years, we are!! 

Not us. We owe five figures. I haz the sadz. 

Done filed and the refund is my bank account. It was just in time to help pay for the new washer and dryer I had to buy. 

What's a refund? 

My dad used to say "if you didn't make money, you wouldn't owe taxes- " somehow it's hard to feel comforted when you're writing that check- 

There is a fine balance between owing taxes and getting a refund. I wish I could just break even or come close, have more money with each pay check but not give any to the Gov't to spend and use until they give it back. I have gone from owing money now to getting some back. I am not balanced. 

I know- I never have enough write offs- 

I'm paying 

At least when you pay the Gov't doesn't get your money to play with. But it sucks when you have to shell it out. 

If you are getting a refund or are paying over and above a nominal amount then you are not doing very good tax planning. 

I got a nice refund the last three years but it was due to me being in grad school. Most years I get less than $1000 back and have never had to pay. 

Emp, the gov. Doesn't like tax planning- they especially don't like family trusts- if you have one in your will, expect your heirs to have problems- 

Got mine. Or I should say, we got Betty's. 

Iza payin $1800. Not doing it til Monday. I should do better next year. 

I was told a trust was the best way to pass on money and securities without a tax burden to the recipients above normal income tax. 

Yes, I need to plan better. We are still getting used to DH on disability, the income changes and the allowances they give us. I will get it right next year. 

It is the bast way- they just don't like them, and they usually win- 

Haha! NO!! 

I don't mind the 1500 I owe. A sizable amount of my income came from untaxed extra jobs. You have to keep a mileage log and keep all receipts that are work related. The tax service I use has a smart phone app where you photograph your recipts and the images are stored for use at tax time, easy. 

Absolutely keep complete records, if you itemize- I throw nothing out- Family Trusts are for inheritance- my dad paid a fortune to an attorney to set it up, but e IRS knows it's for tax savings, so they challenge them- they got a big chunk after fighting with them for over a year- so did the lawyer and the accountant- everyone but the heirs- 

We are blessed and or lucky or both cause we have never owed. We got a little over 2k this year. Wahoo! 

My hand to God, on my life I will not be Back. I've quit. See ya fools! :-)  

My hand to God, on my life I will not be Back. I've quit. See ya fools! :-)

Have you gone off your meds again? 

Have you gone off your meds again?

Just an inside joke with an old familiar poster. I'm so glad she came back. 

Had to write a check. I usually do a better job of withholding but deductions changed a bit this year.

It wasn't particularly fun this time around especially. Got hit with identity theft hard and am having to file extra paperwork with the IRS, SS admin, FTC and so forth.

Pretty stupid that I had to prove who I was to them since I was paying them instead of the fraudster trying to get money from them. 

Polly, not so much inside- lol! We all know whose MO is coming out! 

I lie and cheat as much as I know how and I still pay. I must be the ultimate tax dumbass. (lol/jk) 

Flat tax. Flat tax and this whole game is moot. Flat tax and April is just another month. 

Ok, now I get it, lol. Long week... 

And I wrote such a huge freaking check this week that me hand still cramped up a bit... 

We joined the five figure club this year. Woohoo! Ouch. 

WIP a flat tax would be a dream come true!!! 

Michelle, from your lips to God's ear. 

A flat tax is not so simple. Rates would rise for a lot of people--it won't be as low as you think. No more mortgage deductions means fewer housing starts and sales because fewer people--especially first-time buyers--will be able to afford to buy. No more charitable deductions will hurt churches and other charities. Good idea?

I would pay less, but I'm not so sure its a good idea for the country. 

There's that, too.... 

If the paltry effect of a mortgage deduction makes the difference beyween owning a home or not, you are already in poor financial condition. Its the difference between paying money to a mortgage company or the government. 

No to a flat tax

Yes to a national sales tax. 

National Sales Tax. Now there is an idea. That is why they call you Emperor.

Oh wait, no, that is my fault. 

We joined the five figure club this year. Woohoo! Ouch.


Sure you don't mean 6 figure club? 5 figure could be just 10K 

Maybe they meant the amount they had to pay out?