OT - Grrrrrr!!!

Post by **Ysabel Kid** » Sun Feb 24, 2008 11:27 pm

Well, on the bright side, it was a cold, damp, dreary day out today - for most of the day. I never stepped outside.

Why?

Because I worked on my taxes all $#%&ing

day! Even with "Turbo Tax", it just takes a full day to sort through everything and get it all done. Really the "insult" of the waste of a precious weekend day to the "injury" of having our government steal so much of my hard-earned money (for so many un-Constitutional things

). At least I didn't burn a vacation day to do so - though I will from now on. I'm not going to spend a day again doing taxes that I could be spending playing with my kids!

JReed · Post by **JReed** » Sun Feb 24, 2008 11:40 pm

thats why I pay to have mine done. But then again I dont have as many deductions as you do.

claybob86 · Post by **claybob86** » Mon Feb 25, 2008 2:08 am

Yep, I pay to have mine done too, but it's still a long, painful process getting the info ready for the CPA. Got a farm, I was self employed, now incorporated, kids, one too many houses, etc., etc., etc., AAAIIIIEEEEEEEEEEEEE!!!!!!!!!!!!!!!!!

gamekeeper · Post by **gamekeeper** » Mon Feb 25, 2008 2:59 am

Sounds like time for another BOSTON TEA PARTY!!

Andrew · Post by **Andrew** » Mon Feb 25, 2008 6:49 am

My wife does them on line. We're done and have our money back.

Post by **Hobie** » Mon Feb 25, 2008 7:57 am

I hear you, I've got ours and Mom's to do.

Post by **Ysabel Kid** » Mon Feb 25, 2008 8:01 am

game keeper wrote:Sounds like time for another BOSTON TEA PARTY!!

The ONLY way they get away with it here is through payroll deduction. For the most part, employees have no choice - the government is going to take taxes from each and every paycheck. You can vary the amount somewhat, but your employer has no ability (or desire) to prevent the government from doing so.

If all Americans had to whip out the checkbook once per year (or even once a month, quarter, etc.) - and proactively write out a check, the system would crash due to open revolt in less than a year. And, no Democrat would be elected to anything higher than a dog-catcher ever again! That is why it won't happen. Payroll deduction hides the true cost of this ever-expanding socialistic government. People are actually happy to get a refund - forgetting they are just getting back their own money that government chose to take, by force, and keep without interest.

Noah Zark · Post by **Noah Zark** » Mon Feb 25, 2008 8:12 am

I don't mind paying the tax.

What I mind is the pferdscheisse tax code that makes everything so unnecessarily complicated.

As a one-man S-corp, and a partner in another S-corp I have some unique tax implications. With an S-corp, the shareholders pay their share of the corporation's income tax quarterly, but return of capital to shareholders is not taxed.

All I'm waiting for are two K-1s in order to complete my taxes. I had to estimate my 1040 for the FAFSA, the fed government's college aid application, which my daughter's school needed by 15 Feb, despite most of the rest of the world being OK with 1 May. Even though my daughter doesn't receive federal or state aid (Over the past 30 yrs my wife and I made the mistake of putting $243,000 away for her and her two brothers' education), she would not receive her merit scholarship from the University that totals 50% of her tuition without the FAFSA being completed.

See what you have to look forward to, Ysabel?

Noah

Post by **Hobie** » Mon Feb 25, 2008 8:21 am

And then they tax the "refund"!

txpete · Post by **txpete** » Mon Feb 25, 2008 8:25 am

mine is easy

I don't make anything and a e-z form.
pete

El Mac · Post by **El Mac** » Mon Feb 25, 2008 8:30 am

Ysabel Kid wrote: The ONLY way they get away with it here is through payroll deduction. If all Americans had to whip out the checkbook once per year (or even once a month, quarter, etc.) - and proactively write out a check, the system would crash due to open revolt in less than a year. And, no Democrat would be elected to anything higher than a dog-catcher ever again! That is why it won't happen. Payroll deduction hides the true cost of this ever-expanding socialistic government. People are actually happy to get a refund - forgetting they are just getting back their own money that government chose to take, by force, and keep without interest.

...and I would add to that "no Retardican" would be elected either. Both parties blow chunks and are equally guilty when it comes to shouldering the ruination of our once great nation.

Its basically organized crime. Just a lot more dishonest than the mob's version.

RIHMFIRE · Post by **RIHMFIRE** » Mon Feb 25, 2008 8:32 am

Dont get me started on taxes.....well ...to late
You will note beleive the BS i see on a daily basis...
and how our tax dollars are being upset away on
people that are just the scum of our society....
In our building we have the Daytona Beach Housing Authority...
which is section eight housing for lazy bas@#d$....
This bunch is under investigation to for wasteful spending
and bunch of other stuff....
Next we have Serenity House which takes care of crack heads.
this is why drug dealers should be executed....
The building behind us takes care of the leaches on welfare.
and the building to the north is the justice department.......
which receives van loads of convicted felons from the local prison..
Its just.....sucks.... seeing this $H17 every day....

Sixgun · Post by **Sixgun** » Mon Feb 25, 2008 9:38 am

Kid,
Yes, its a pain but you can find satisfaction in the fact that millions of illegals are depending on you to get up in the morning and go to work so they can milk the system for their benefit. There! Feel better?

---------------------Sixgun

mescalero1 · Post by **mescalero1** » Mon Feb 25, 2008 11:46 am

Thanks sixgun,
After a 12 hour shift on Saturday to get engines to the airlines,
that is what I wanted to hear.
I'm single, no kids; what do you think the feds are going to do to that OT?
I am going to be ill!

Modoc ED · Post by **Modoc ED** » Mon Feb 25, 2008 12:01 pm

Well, I for one would like to thank all you guys who are doing and paying your taxes. It is much appreciated as you are all helping the government to pay my Navy pension and my Social Security. You are also helping the government to pay "JReed's" salary (military pay and allowances) too.

I've already done my Federal & State taxes and for the first time in 30-years, I'm actually getting money back (refund) from the Feds but sadly, I will have to pay CA $5.00 even.

Thanks and KEEP UP THE GOOD WORK!!!!!!!

J Miller · Post by **J Miller** » Mon Feb 25, 2008 12:24 pm

My wife did ours on line with Turbo Tax. Both refunds are already in the bank and we are playing numbers and priorities games trying to decide how best to use it.

Joe

JReed · Post by **JReed** » Mon Feb 25, 2008 12:38 pm

Modoc ED wrote:Well, I for one would like to thank all you guys who are doing and paying your taxes. It is much appreciated as you are all helping the government to pay my Navy pension and my Social Security. You are also helping the government to pay "JReed's" salary (military pay and allowances) too.

I've already done my Federal & State taxes and for the first time in 30-years, I'm actually getting money back (refund) from the Feds but sadly, I will have to pay CA $5.00 even.

Thanks and KEEP UP THE GOOD WORK!!!!!!!

The funny thing is I get taxed on the money that the rest of you tax payers are paying me. Got to love irony

. So does that mean I am paying my self?

1886 · Post by **1886** » Mon Feb 25, 2008 6:37 pm

YK you hit my number one most sensitive nerve. Taxes! You are correct, if everyone had to file their taxes quarterly and not have an employer deduct the taxes the system would crash because folks would not stand for the current system. The feds will never let that happen. The average American works till what April just to pay the fed extortion service. It is shameful but people continue to vote for these policies. Very disappointing. 1886.

Old Ironsights · Post by **Old Ironsights** » Mon Feb 25, 2008 10:36 pm

Meh.

You tell me how someone with an AGI of 21K who withholds at 0-single rate somehow still ends up having to PAY the feds an EXTRA $400 after withholding...

Oh yeah. I forgot. Taxes are good for us.

Post by **Ysabel Kid** » Mon Feb 25, 2008 11:52 pm

Modoc ED wrote:Well, I for one would like to thank all you guys who are doing and paying your taxes. It is much appreciated as you are all helping the government to pay my Navy pension and my Social Security. You are also helping the government to pay "JReed's" salary (military pay and allowances) too.

I've already done my Federal & State taxes and for the first time in 30-years, I'm actually getting money back (refund) from the Feds but sadly, I will have to pay CA $5.00 even.

Thanks and KEEP UP THE GOOD WORK!!!!!!!

No problems from me in paying taxes for the legitimate expenditures our government has to make. National defense, including present salaries and retirement are indeed legitimate. It is what sixgun mentions - the millions of illegals, along with all the social redistribution of wealth that gives me fits. That and the fact it takes too darn much time and should be simplier!!!

Ram Hammer · Post by **Ram Hammer** » Tue Feb 26, 2008 7:02 am

I feel your pain.

I relocated due to work last year and the details are killing me. Even though I am having someone else do my taxes, it is taking forever to pull together all the details.

Scott64A · Post by **Scott64A** » Tue Feb 26, 2008 10:52 am

For those who are stuck with automatic deductions:

Figure out how many dependants to claim so that you can keep as much money as you can. My wife and I got $240 back form the feds, and had to pay the state. All told, we "got back" $40.00.

Looks like we kept it in our pockets instead of leting the feds have it and not pay interest.

Oh, back when I had my own business and filed 1040s, I made not a lot so I barely had to pay at all. Actually, having my wife file a w-2 and me in a crappy business was god for tax time, but terrible to live with. I'd have work for a while and then none. Always trying to make ends meet and barely scraping by.

Now that I have been employed steadily as an EMT, we get less "back" but have more to pay bills, but my wife is still unhappy.
She can't see the bigger picture and has to be reminded and coached along every couple of months that things are getting better.

I say, keep all you can from the feds and state. Let them come to YOU for a few bucks at the end of the year, after all is said and done.

Criminals...

Old Ironsights · Post by **Old Ironsights** » Tue Feb 26, 2008 10:54 am

Scott64A wrote:For those who are stuck with automatic deductions:

Figure out how many dependants to claim so that you can keep as much money as you can. My wife and I got $240 back form the feds, and had to pay the state. All told, we "got back" $40.00.

Looks like we kept it in our pockets instead of leting the feds have it and not pay interest.

Oh, back when I had my own business and filed 1040s, I made not a lot so I barely had to pay at all. Actually, having my wife file a w-2 and me in a crappy business was god for tax time, but terrible to live with. I'd have work for a while and then none. Always trying to make ends meet and barely scraping by.

Now that I have been employed steadily as an EMT, we get less "back" but have more to pay bills, but my wife is still unhappy.
She can't see the bigger picture and has to be reminded and coached along every couple of months that things are getting better.

I say, keep all you can from the feds and state. Let them come to YOU for a few bucks at the end of the year, after all is said and done.

Criminals...

I've always tried to do that, but somehow for the last two years I've still ended up "owing" the Fed about $400 extra over my withholding.

And yes, I've tried itemizing. Doesn't help.

Idahoser · Post by **Idahoser** » Tue Feb 26, 2008 3:49 pm

Peter M. Eick · Post by **Peter M. Eick** » Tue Feb 26, 2008 8:39 pm

I am working in Turbo tax now just printing my first draft of my returns. At page 41 and still printing....

I would consider my tax situation fairly simple. I make money, the government takes it away and gives it to folks who don't make money.

Surprisingly simple concept

My argument all along would be that income withholding should be outlawed and every worker should have to write a check to the fed every 2 weeks to pay their piece of the government. Trust me, tax reform would occur quickly if more folks realized how much money they gave away each pay period to the feds.

Post by **Ysabel Kid** » Tue Feb 26, 2008 11:26 pm

Peter M. Eick wrote:I am working in Turbo tax now just printing my first draft of my returns. At page 41 and still printing....

I would consider my tax situation fairly simple. I make money, the government takes it away and gives it to folks who don't make money.

Surprisingly simple concept

My argument all along would be that income withholding should be outlawed and every worker should have to write a check to the fed every 2 weeks to pay their piece of the government. Trust me, tax reform would occur quickly if more folks realized how much money they gave away each pay period to the feds.

I'll second that plan!

My returns are pretty simple as well. One state and little more than wage income coming in and taxes going out. My wife and I do donate quite a bit to charities - especially goods to Amvets - and it takes a while to itemize all of these. If I just took the standard deductions I'd have to hang myself - the government would be raping me even more than they do now!

El Mac · Post by **El Mac** » Wed Feb 27, 2008 7:17 am

Idahoser wrote:My USAF retirement combined with my income from my 'new' career makes it difficult to have enough withheld. Just answering the questions correctly on the W4 doesn't cut it, apparently the combination puts me in a higher bracket, where presumably I pay a bigger percentage of "my fair share". So for the last couple of years I've had a nasty surprise at tax time-- one year I owed so much they forced me to make quarterly payments for the next time.

How dare you be audacious enough to have had two jobs. Shame on you! You should be paying more taxes. You sir are a drain on the system.