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Anyone worried about tax season this year?
I'm worried that we are going to owe more than we will be able to pay 
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Posted 2/20/09 8:36 PM  |
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Long Island Weddings
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dm24angel
Happiness
Member since 5/05 34581 total posts
Name:
Donna
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Re: Anyone worried about tax season this year?
no b/c we unfortunatly or thankfully made such a pittance we got a whole lot back.
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| Posted 2/20/09 8:37 PM |
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Re: Anyone worried about tax season this year?
We don't claim DH's daughters, and I cashed bonds to pay for Cailen's daycare. We are pretty much screwed. 
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| Posted 2/20/09 8:38 PM |
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JenMarie
One day at a time
Member since 11/07 7397 total posts
Name:
Jennifer
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Re: Anyone worried about tax season this year?
We got screwed this year. Last year we got back a few thousand. This year we owed a few hundred. Paychex screwed us though because I selected Married, but withold at higher single rate on my W4 and they were witholding at the married rate. 
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| Posted 2/20/09 9:15 PM |
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KPtoys
I'm getting old
Member since 5/05 8688 total posts
Name:
Karen
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Re: Anyone worried about tax season this year?
I always worry...
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| Posted 2/20/09 9:16 PM |
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Re: Anyone worried about tax season this year?
We are going to owe thousands that we don't have because of these savings bonds I cashed. Which we don't have - I need to set up a payment plan. I'm gonna cry
I hope it's not as bad as I'm anticipating 
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| Posted 2/20/09 9:17 PM |
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ave1024
I Took The Wrong Road
Member since 12/07 6153 total posts
Name:
That Led To The Wrong Tendencies
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Re: Anyone worried about tax season this year?
Posted by lipglossjunky73
We don't claim DH's daughters, and I cashed bonds to pay for Cailen's daycare. We are pretty much screwed.
Bonds are tough. My dad cashed in bonds each of the last few years and that really changed his situation.
I think this year he broke even, but he claims single 0 so he was already paying a ton of taxes.
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| Posted 2/20/09 9:20 PM |
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jeanyus27
Life is beautiful
Member since 8/08 2543 total posts
Name:
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Re: Anyone worried about tax season this year?
Posted by KPtoys
I always worry...
me too
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| Posted 2/20/09 9:24 PM |
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nrthshgrl
It goes fast. Pay attention.
Member since 7/05 57538 total posts
Name:
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Re: Anyone worried about tax season this year?
It's always a cr@p shoot for us - depending on how they've reclassified DH's funds. We almost always get a lot back.
Now that they've made it a K fund, going forward we are completely screwed after this year. Anytime he's out of work, any money we take out is out of his retirement fund- so it's interest & penalities.
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| Posted 2/20/09 9:37 PM |
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Pumpkin
LIF Adult
Member since 5/05 3353 total posts
Name:
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Re: Anyone worried about tax season this year?
We owed 5K
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| Posted 2/20/09 10:04 PM |
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LightUpOurLife
Totally in love
Member since 8/06 12785 total posts
Name:
Bonnie-Jean
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Re: Anyone worried about tax season this year?
We went and had ours done today. We owe about $500. Not horrible, but not a joy either. Especially with me being unemployed right now, this isn't great timing. Thankfully we have it in savings.
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| Posted 2/20/09 10:09 PM |
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happytobreathe
The Lazy Days of Summer
Member since 10/06 1413 total posts
Name:
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Re: Anyone worried about tax season this year?
What can you do to make try and owe less throughout the year? I just wonder...
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| Posted 2/20/09 10:18 PM |
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klingklang77
kraftwerk!
Member since 7/06 11486 total posts
Name:
Völlig losgelöst
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Re: Anyone worried about tax season this year?
Nope. I get 87,000 tax free in the US and I don't make that much, so I am not concerned. DH's pay isn't included in our taxes, b/c he is not a US citizen. I pay taxes over here and I will not get a money back in the US. If I made over $87,000 then I would be really mad b/c I would get taxed in two countries. I will get no money back in the US, which is fine with me, but I am happy that I don't have to pay.
Message edited 2/20/2009 10:29:30 PM.
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| Posted 2/20/09 10:28 PM |
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Tabitha
Member since 2/07 2029 total posts
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Re: Anyone worried about tax season this year?
Posted by lipglossjunky73
We are going to owe thousands that we don't have because of these savings bonds I cashed. Which we don't have - I need to set up a payment plan. I'm gonna cry
I hope it's not as bad as I'm anticipating
i hope its better than youre anticipating
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| Posted 2/21/09 9:08 AM |
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Dani922
Here's to new beginnings
Member since 10/07 7260 total posts
Name:
Danielle
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Re: Anyone worried about tax season this year?
I am. I'm not sure that I really have any reason to, but I am still freaked out. 
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| Posted 2/21/09 10:00 AM |
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