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Post by sd51555 on Dec 8, 2020 8:05:52 GMT -6
I like to sit down and do a rough sketch of taxes before the year ends, in case I got a turd in the punch bowl. This year outta be pretty simple finally. I'm even taking some paper losses to the bottom line which help the case a little.
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Post by nhmountains on Dec 8, 2020 8:35:58 GMT -6
I’m hoping my tax refund will be as big as last year. This may be the last year of Trump tax cuts which worked out better for me than any other year in my lifetime.
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Post by sd51555 on Dec 8, 2020 9:38:03 GMT -6
I’m hoping my tax refund will be as big as last year. This may be the last year of Trump tax cuts which worked out better for me than any other year in my lifetime. Looks like I'm sitting fine for this year. I'm gonna end up getting a refund, and that's not how I try to plan it out. But the new withholding system is so completely f'd in the A that even the top guys at the tax office couldn't figure it out when we looked at it last year.
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Post by kooch on Dec 8, 2020 18:41:45 GMT -6
I pay, every year. I'd rather pay them a little than get a fat refund. Keep my money working.
Listen to me, talking like a big shot.
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Post by Freeborn on Dec 8, 2020 19:05:47 GMT -6
I just did mine and I have a sizable payment to the government for Q4 plus I will be funding my Individual 401k.
All individuals should have to write checks for taxes rather than direct withdrawal, things might change if they wrote the checks.
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Post by Bwoods11 on Dec 8, 2020 19:07:07 GMT -6
I just did mine and I have a sizable payment to the government for Q4 plus I will be funding my Individual 401k. All individuals should have to write checks for taxes rather than direct withdrawal, things might change if they wrote the checks. Buy a parcel of land!!
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Post by Freeborn on Dec 8, 2020 19:15:41 GMT -6
I just did mine and I have a sizable payment to the government for Q4 plus I will be funding my Individual 401k. All individuals should have to write checks for taxes rather than direct withdrawal, things might change if they wrote the checks. Buy a parcel of land!! I have thought about that but that stock market has been quite good. Maybe when I pay off the OZ home . This summer we should have a beer and do some what if scenarios.
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Post by kl9 on Dec 8, 2020 19:34:46 GMT -6
Haven’t paid a cent in taxes last 2 years and don’t plan on changing that this year. Perks of having being involved in a biz with huge depreciation expenses!
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Post by Bwoods11 on Dec 8, 2020 19:59:04 GMT -6
I have thought about that but that stock market has been quite good. Maybe when I pay off the OZ home . This summer we should have a beer and do some what if scenarios.[/ Sounds good
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Post by chummer16 on Dec 9, 2020 11:37:11 GMT -6
Haven’t paid a cent in taxes last 2 years and don’t plan on changing that this year. Perks of having being involved in a biz with huge depreciation expenses! Joe will end that. Fuckin Biden
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Post by nhmountains on Dec 9, 2020 13:48:38 GMT -6
Haven’t paid a cent in taxes last 2 years and don’t plan on changing that this year. Perks of having being involved in a biz with huge depreciation expenses! So you’re one of the rich bastards the libs were talking about that don’t pay enough taxes? I have a nephew that insists he paid more on the Trump tax cuts because he got less back on his refund. He’s not smart enough to figure out he made more money and they adjusted the amount they took out so he takes home more each week instead. He’s a Biden supporter.
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Post by badgerfowl on Dec 9, 2020 14:26:52 GMT -6
Haven’t paid a cent in taxes last 2 years and don’t plan on changing that this year. Perks of having being involved in a biz with huge depreciation expenses! So you’re one of the rich bastards the libs were talking about that don’t pay enough taxes? I have a nephew that insists he paid more on the Trump tax cuts because he got less back on his refund. He’s not smart enough to figure out he made more money and they adjusted the amount they took out so he takes home more each week instead. He’s a Biden supporter. You can't fix stupid. No offense to your nephew.
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Post by nhmountains on Dec 9, 2020 15:45:23 GMT -6
So you’re one of the rich bastards the libs were talking about that don’t pay enough taxes? I have a nephew that insists he paid more on the Trump tax cuts because he got less back on his refund. He’s not smart enough to figure out he made more money and they adjusted the amount they took out so he takes home more each week instead. He’s a Biden supporter. You can't fix stupid. No offense to your nephew. It’s ok. He’s not really my nephew (he’s my br nephew) but, he’s a flaming liberal that has never really had to work for anything.
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Post by sd51555 on Dec 9, 2020 16:35:02 GMT -6
So you’re one of the rich bastards the libs were talking about that don’t pay enough taxes? I have a nephew that insists he paid more on the Trump tax cuts because he got less back on his refund. He’s not smart enough to figure out he made more money and they adjusted the amount they took out so he takes home more each week instead. He’s a Biden supporter. You can't fix stupid. No offense to your nephew. Not knowing is expensive. Always.
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Post by kl9 on Dec 9, 2020 16:48:19 GMT -6
Haven’t paid a cent in taxes last 2 years and don’t plan on changing that this year. Perks of having being involved in a biz with huge depreciation expenses! So you’re one of the rich bastards the libs were talking about that don’t pay enough taxes? I have a nephew that insists he paid more on the Trump tax cuts because he got less back on his refund. He’s not smart enough to figure out he made more money and they adjusted the amount they took out so he takes home more each week instead. He’s a Biden supporter. I’m far from rich. But I work my ass off every day to grow what I have. Maybe someday
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