Is mine bigger than yours? (tax refunds)

[Mike_Lowery]

Re: Is mine bigger than yours? (tax refunds)

Fed:1279
HI: 529


I'ma make it rain

[cyleet99]

Re: Is mine bigger than yours? (tax refunds)

We gotsta wait for the statements from the jobs.
But then, woohoo! the stack of deductions keeps pilin' up!

[Konaguy]

Re: Is mine bigger than yours? (tax refunds)

2008 taxes

1013.00 Federal
229.00 State

I filed both my state and federal taxes already. I should be getting my refund
by the end of January/ early February.

[oceanpacific]

Re: Is mine bigger than yours? (tax refunds)

Yours is BIGGER! I'm going to have to fork more money to the Feds. Around $2K, primarily self-employment tax (FICA). State? Small refund, maybe $700.

[Menehune Man]

Re: Is mine bigger than yours? (tax refunds)

Mrs. Menehune and I together made $61,512.06 in 2008.
Fed withheld= $7,818.11 Fed refund= $2,077.11
State withheld= $3,718.65 State refund= $449

Social Security withheld= $3,946.95
Medicare withheld= $923.08
Retirement fund= $2,148.44 added during '08

We are both 46, have no kids, special credits, exemptions, or deductions...

[StinkyTheGrump]

Re: Is mine bigger than yours? (tax refunds)

I'm with Craig on this one. Just bought my first house in 2008 and didn't change any deductions. Hence refund>$10k. Opportunity cost wasn't really that high though, interest rates were piss this past year and if I put it in the market I would have been screwed so it actually worked out pretty well. Definitely changing deductions though.

[Kaonohi]

Re: Is mine bigger than yours? (tax refunds)

I refuse to answer on the grounds that they might take it ALL away from us!

But, since we got a 'professional' to tell us where our former years using TurboTax went wrong... we are going to have a VERY prosperous summer!

[zff]

Re: Is mine bigger than yours? (tax refunds)

I'm with Craig on this one. Just bought my first house in 2008 and didn't change any deductions. Hence refund>$10k.

The same thing happened to me. It sure was nice getting a big fat return check, but yeah, I fixed my deductions right after that.

[surlygirly]

Re: Is mine bigger than yours? (tax refunds)

So...I gots a questions. I worked for a whopping 5 days in 2008 in Hawaii. We filed that in our taxes (which we already sent off, got our return- thankfully, since J was laid off last month). TX doesn't have a state income tax. I made a whole $180 while I was working in Hawaii and owe the state $5.75, I think.

J says not to worry about sending in my $5.75 since I didn't make over a certain amount while working there. I know that rule applies for federal taxes, but does it apply for state income tax as well? I know it's less than $6, but I really don't want the IRS to come beating down my door and hauling me away over this. Hey- stranger things have happened!

[turtlegirl]

Re: Is mine bigger than yours? (tax refunds)

That would be RAD if the irs beat down your door and then deported you back here to settle your $6 debt!!!!

[helen]

Re: Is mine bigger than yours? (tax refunds)

So...I gots a questions. I worked for a whopping 5 days in 2008 in Hawaii. We filed that in our taxes (which we already sent off, got our return- thankfully, since J was laid off last month). TX doesn't have a state income tax. I made a whole $180 while I was working in Hawaii and owe the state $5.75, I think.

And this is with the State of Hawaii N-13 tax form? Also the real question is during the time in Hawaii did you claim residence in Hawaii or was that in Texas?

Where did you get the $5.75 value from? Did you get a W-2 from your time working in Hawaii?

[surlygirly]

Re: Is mine bigger than yours? (tax refunds)

That would be RAD if the irs beat down your door and then deported you back here to settle your $6 debt!!!!

Yeah, somehow I don't think they're gonna take me back to Hawaii, unfortunately. Otherwise, I'd send them taunting letters.

Yes, I got W2 from my employer and we entered the info into Turbo Tax, which is where we got the numbers from. I don't remember the exact numbers, which is why they may seem off, but I know I made some stupid amount of $$ and I owe $5 and change.

And no, I never claimed Hawaii citizenship. My husband's company rented our house in their name. We still have our house here that we own and kept our TX DL's.

ETA: As I'm writing this, J just informed me that he went ahead and sent in the $6 like weeks ago. So I'm not on the wanted list anymore! Yay!

[kanahina]

Re: Is mine bigger than yours? (tax refunds)

$ 3327 - Federal
$ 1424 - State