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Are you getting more, less or the same federal tax refund this year?

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LaPera Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-05 08:57 PM
Original message
Are you getting more, less or the same federal tax refund this year?
For basically the same amount reported and deductions than last year?

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intrepid_wanderer Donating Member (559 posts) Send PM | Profile | Ignore Sun Feb-13-05 09:00 PM
Response to Original message
1. a little less
mostly just because I have been revising my witholdings to approach a zero return...


That should leave me with the $$ I can to keep things payed.. like my mortgage (3.5 years left I hope!!)

:bounce:
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liberalhistorian Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-05 09:02 PM
Response to Original message
2. Well, I'm getting a couple of hundred
dollars more this year than last, but that's because I made less having been laid off for a few months last year. I plan to give some of it to a couple of charities in this area that have really been hurting.
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Skink Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-05 09:03 PM
Response to Original message
3. Slightly less..
I was able to upgrade to 1040 with turbo tax for 20 bucks so I could itemize my 401k contribution which upped my refund by 50 bucks. So I spent double to use the 1040 instead of the 1040ez online to score an extra fifty. Still the refund has gone steadily down over the last 3 years.
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vpigrad Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-05 09:06 PM
Response to Original message
4. With the increases in the tax rates for the middle class...
I think it's safe to say that most of us here are paying more. I know I am.
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LaPera Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-05 09:07 PM
Response to Original message
5. Less refund...
Edited on Sun Feb-13-05 09:22 PM by LaPera

While paying a lot more in federal taxes for the same amount of income and deductions.

Equaling a big net lost for me from last year.

The Bush tax cuts, where are they?
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gristy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-05 09:10 PM
Response to Original message
6. I have no idea
Ask me again in August...
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amazona Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-05 09:14 PM
Response to Original message
7. uh well
My income has fallen a bit but because of a screw-up where I overpaid that I still can't figure out...I am getting a HUGE refund. Where did I even find the money to make that quarterly payment? It is close to one-eighth of my annual income. And the thing is, I now remember doing it...vaguely.

Alcohol is a hell of a drug.

But it is kind of cool to be getting that much money back.

The conservation movement is a breeding ground of communists
and other subversives. We intend to clean them out,
even if it means rounding up every birdwatcher in the country.
--John Mitchell, US Attorney General 1969-72




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n2mark Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-05 09:31 PM
Response to Reply #7
8. A lot less
but I retired last year, pulled out some money out of my annuities, and did not deduct taxes from SS. Funny thing though, SS never gave me a W2. If it was not for SS I would receive more money back.
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mermaid Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-13-05 09:56 PM
Response to Original message
9. About $200 Less
Because, for a time, I had to work a newspaper route to make ends meet.

Bastards pay on a 1099.

So I had to pay my own Social Secuirty taxes on what I'd earned, as well as the newspaper company's share of it (since I was technically "an independent contractor.") And I had to pay all Federal Taxes on it, too.

So, thanks to the fact I could find no other means of subsistence for two months...and because I made a lousy $1680 for two months of working seven days a week, dragging my ass up at 2:30 AM to do a job not even fit for convicts...my Fedderal Tax Refund went down from what it woulda been...$896...down to $520.

Last year, I got about $700 back.

Yeah, they don't pick on the poor, though...do they??

They only took damn near 25 PERCENT of the shit wages I made doing the newspaper route! I made $1688 at it...and they taxed me the difference of 896 - 520, or $376!!

$1688 divided by 4, or 25% of that amount, is $422. The Federal Government taxed me damn near 25% to do a shit job not fit for convicts, because I wasn't good enough for a REAL JOB!!! Thanks a lot, asshole Bush!!

FUCK YOU, GEORGE W. BUSH!!!
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