So, like many of you, I have had crappy jobs making minimum wage, up to like 6 bucks an hour. Most have not been full time, and since I was a student, I paid about jack in taxes.
Lets say one check I cleared for a month was $360. That is like 15 hours a week @ 6 bucks an hour (maybe a few more or less hours) and since it was at school, I had no tax deductions.
Well, I get a spiffy nice computer job in the town I am in, best you can get in town for entry level tech support mind you! Anyway, I work my butt off, full 80 hours in 2 weeks, and I get my first paycheck...
WTF!!?!?!? I was suppose to be MAKING money! I paid more out in taxes then I used to CLEAR!
What the hell kinda conspiracy is this? I grow up, get a job, and all the government wants to do is keep me down! I was so pissed!
Anyway, in the last 3 months at my job (for last year), I paid close to $1900 in taxes. Since I am not a student any more, and I have no deductions, anyone think I will get most of that money back?
Hell, I didn't even file my taxes last year? Anyone think they will hit me hard for that? I probably didn't make 5-6k the previous year (2003) because my jobs then sucked.
Hrm, if I get no money back, and have to pay, and I pretend I am blind and sell those little keychains, would that be acceptable at all?
EDIT:
I realize this is not H&R Block, but free bad advice is better then good paid advice any day of the week! Hell, free good advice is the best, but I can only hope for so much!
Edited, Wed Jan 19 19:53:56 2005 by semajuma
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Taxes, Anger, Questions?Follow
I'm sorry, but there are just not enough numbers in your word problem to form an equation.
job are ghey.
I think I hear Gbaji typing now..
I think I hear Gbaji typing now..
First of all, the IRS isn't axeactly out to get you. In the past decade or so, they've come under fire a lot and revised a lot of their policies about who they go after. You didn't file last year? Don't sweat it.
You can actually go to their site and download all the info you need to find out what your refund will be, etc. based off your expected earnings and what you pay in.
As far as paying all that $$ in goes....welcome to the wide wide world of being a single male with no dependants. Get used to it.
I'm going to drop you a little hint here that may help you deal with the nasty shock:
Life, despite what anyone has told you prior to this, is NOT fair.
Now, I'm sure you're still wondering how you can manage to get out of paying those taxes. Get a wife, some kids, and a house mortgage. That'll provide you with plenty of deductions...and you'll need them.
You can actually go to their site and download all the info you need to find out what your refund will be, etc. based off your expected earnings and what you pay in.
As far as paying all that $$ in goes....welcome to the wide wide world of being a single male with no dependants. Get used to it.
I'm going to drop you a little hint here that may help you deal with the nasty shock:
Life, despite what anyone has told you prior to this, is NOT fair.
Now, I'm sure you're still wondering how you can manage to get out of paying those taxes. Get a wife, some kids, and a house mortgage. That'll provide you with plenty of deductions...and you'll need them.
Quote:
I think I hear Gbaji typing now..
I give him 10 more minutes to complete his post
Quote:
welcome to the wide wide world of being a single male with no dependants.
Actually, in spite of what Bubba tells you, men don't pay more tax than women, assuming the same bracket.
In a time of universal deceit, telling the truth is a revolutionary act.
Not unless I can convince a gummint bean counter that it's a dependent.
In a time of universal deceit, telling the truth is a revolutionary act.
Quote:
Not unless I can convince a gummint bean counter that it's a dependent.
If properly fertilized, it spits out dependants every year or so. Which is more than I can say for my weiner.
Since Kelv asked so nicely...
WTF!!?!?!? I was suppose to be MAKING money! I paid more out in taxes then I used to CLEAR!
Presumably, the amount you take home after taxes is still greater then the amount you made before though, right?
It's called a progressive tax system. Learn to love it... ;)
See. When you are poor, we don't make you pay taxes, but as you make more money, we make you pay more. It's actually not a bad system. It is however, a bit overburdened because you also get to pay for all the people who are not only "poor", but for one reason or another require more money in addition to what little they earn. We call that an entitlement, and you are now paying for it.
The great thing is that the more you earn, the greater the percentage of your income you will have taken away in order to pay for those who don't work but still require significant amounts of government assistance.
A cynic would suspect that the government uses this system to try to keep you poor. If they give all sorts of freebies to poor people, but then taxes them (and requires them to pay their own way to boot!) once they start to earn a living for themselves, some people will react just as you have, and decide to just find a way to live off the government's dime instead of struggling to support themselves.
That allows the government to generate a pool of people who'll be beholden to them for their very existence, thus ensuring that they wont cause any problems for them. It's a pretty insidious system. You can recognize which party pushes this policy by looking to see where all the push for those "freebies" comes from. You can see the beholden aspect by looking to see which party gets votes back from those they give the most freebies to.
Kinda puts a fresh perspective on politics, doesn't it?
I am being somewhat tounge in cheek here guys. Deal with it...
semajuma wrote:
WTF!!?!?!? I was suppose to be MAKING money! I paid more out in taxes then I used to CLEAR!
Presumably, the amount you take home after taxes is still greater then the amount you made before though, right?
It's called a progressive tax system. Learn to love it... ;)
Quote:
What the hell kinda conspiracy is this? I grow up, get a job, and all the government wants to do is keep me down! I was so pissed!
See. When you are poor, we don't make you pay taxes, but as you make more money, we make you pay more. It's actually not a bad system. It is however, a bit overburdened because you also get to pay for all the people who are not only "poor", but for one reason or another require more money in addition to what little they earn. We call that an entitlement, and you are now paying for it.
The great thing is that the more you earn, the greater the percentage of your income you will have taken away in order to pay for those who don't work but still require significant amounts of government assistance.
A cynic would suspect that the government uses this system to try to keep you poor. If they give all sorts of freebies to poor people, but then taxes them (and requires them to pay their own way to boot!) once they start to earn a living for themselves, some people will react just as you have, and decide to just find a way to live off the government's dime instead of struggling to support themselves.
That allows the government to generate a pool of people who'll be beholden to them for their very existence, thus ensuring that they wont cause any problems for them. It's a pretty insidious system. You can recognize which party pushes this policy by looking to see where all the push for those "freebies" comes from. You can see the beholden aspect by looking to see which party gets votes back from those they give the most freebies to.
Kinda puts a fresh perspective on politics, doesn't it?
I am being somewhat tounge in cheek here guys. Deal with it...
King Nobby wrote:
More words please
proofsock wrote:
Quote:
You can recognize which party pushes this policy by looking to see where all the push for those "freebies" comes from. You can see the beholden aspect by looking to see which party gets votes back from those they give the most freebies to
family values party?
Oh no! The frat party values party... er. Or something like that... ;)
King Nobby wrote:
More words please
Quote:
SamiraX wrote:
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Quote:
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welcome to the wide wide world of being a single male with no dependants.
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Actually, in spite of what Bubba tells you, men don't pay more tax than women, assuming the same bracket.
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Correct, but white males 18-40 are the majority du jour.
Yeah, but I have a fiance! We aren't married, so shes not claimed! Damn me to hell and back.
that's why you grow up, have a kid, and "nudge" him into being a mafia coke mule around 11 or 12. the progressive taxes can't touch him, and neither can Mr. Rockafeller (NY, here). win-freakin'-win, baby :)
the fire department, police department, military, the roads you drive on, the bridges you cross, the schools that brought you to college, the laws that protect you..................
who do you think SHOULD pay for that?
welcome to the real world. schools out.........
who do you think SHOULD pay for that?
welcome to the real world. schools out.........
The US defence budget for 2005 is approximately 50% of the total budget (compared with about 13% that could be described as wealth redistribution).
You didn't think all those shiny missles dropped on Iraq grew on trees did ya? When you see your tax deduction, just imagine a smiling Iraqi child's head suddenly exploding. You paid for that! That'll make you feel better.
Edited, Thu Jan 20 10:51:06 2005 by Patrician
You didn't think all those shiny missles dropped on Iraq grew on trees did ya? When you see your tax deduction, just imagine a smiling Iraqi child's head suddenly exploding. You paid for that! That'll make you feel better.
Edited, Thu Jan 20 10:51:06 2005 by Patrician
Quote:
Hell, I didn't even file my taxes last year?
WTF?? You were a student and didn't file taxes? You did know about the education credits... right? Thousands of dollars for free just for being in college full-time?
I actually MADE money off the IRS after I finally got my mom to stop lying and saying I was still her dependent. Before that she was making thousands of dollars by claiming my education credits and not paying one red cent to my rent or groceries. If your parents are accountants, be careful how much leeway you give them and how many questions you don't ask. :(
on average, in a case where your parents both work, both in decent jobs, etc.. you're probably likely to get more money back as a whole (you+them) when you let them keep claiming you as dependent. Then you can always work out with them how much money they should give you of it, or however you want to work it out, assuming an amicable financial relationship exists.
It pays to go through the filing for both cases, off the record, so you can figure out which one gets more money from the gov't back into your pocket.
It pays to go through the filing for both cases, off the record, so you can figure out which one gets more money from the gov't back into your pocket.
Quote:
The US defence budget for 2005 is approximately 50% of the total budget (compared with about 13% that could be described as wealth redistribution).
Source please. And does it include supplementals?
Quote:
you're probably likely to get more money back as a whole (you+them) when you let them keep claiming you as dependent.
True as that may have been, the education credit alone was over a thousand dollars at a flat rate, and they gave me none of it, despite me maxing my credit cards on tuition, utility bills, and ramen noodles. :( I didn't even know they were claiming education credits on me until I expressed a desire to file my own income taxes. All they gave me was the income tax credit.
Why don't you just fill out a 1040 and see what it comes out to? Should be fast, as you don't seem to have any fancy itemized deductions and soforth.
Sourced from the liberal media.
http://www.whitehouse.gov/omb/budget/fy2005/tables.html
http://www.whitehouse.gov/omb/budget/fy2005/tables.html
Let me share with you a very nice little way to help on taxes at the end of the year. They recently changed it here in Arizona so this is the last year im capable of doing it.
You go buy an old car, doesnt even have to run. You then donate that car to any kind of service such as a church, shelter, etc...
At the end of the year you can then claim that for the total retail value that it is worth.
Example:
I go to the junkyard and buy a 1981 toyota corolla for $500. At the end of the year I can then claim it for $1200 because thats the retail on it.
I have for the last three years done this and usually gotten back a good chunk. Check in your local state and see if this is a way you can go.
You go buy an old car, doesnt even have to run. You then donate that car to any kind of service such as a church, shelter, etc...
At the end of the year you can then claim that for the total retail value that it is worth.
Example:
I go to the junkyard and buy a 1981 toyota corolla for $500. At the end of the year I can then claim it for $1200 because thats the retail on it.
I have for the last three years done this and usually gotten back a good chunk. Check in your local state and see if this is a way you can go.
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