keeping all receipts

[slow99]

Eh I guess I will continue to do what I've always have done and just do the basic stuff and not mess with all the extra deductions.

I tried to get creative this year b/c I'm itemizing but found out a lot of shit that you're supposed to be able to deduct didn't apply to us anyways...so fuck it.

[grove rat]

since i am single with no kids/property my taxes are simple as fuck. 1040ez form takes me only minutes to fill out and i always get money back due to claiming 0 all year and making a bunch of overtime throughout the year. i actually started having them take out an extra $50 a month because i thought i was getting closer to the next tax bracket. since i'm not it's just more money i get back at the end of the year

...and before anyone tries to learn me something about claiming one and not having to take out extra cause "it's just giving the gubment a free loan!!1", save it. i have been doing this for years and am completely happy with what i pay/get back

i do not wanna be like some of my friends and have to pay $3 at the end of the year, hahaha. or the ones that have "their people" do their taxes and get thousands back only to be audited by the IRS

[Cooter]

also realize you either gotta be a pattymelt or pay somebody lambo money to add up all that itemization...

not saying it's not worth looking into, but ever time I've considered it, it made WAY more sense to just take the standard deductions. they're standard for a reason

[71chevellejohn]

<- delivered enough pizzas last year, hopefully refund is buying my new lambo this year!

[slow99]

since i am single with no kids/property my taxes are simple as fuck. 1040ez form takes me only minutes to fill out and i always get money back due to claiming 0 all year and making a bunch of overtime throughout the year. i actually started having them take out an extra $50 a month because i thought i was getting closer to the next tax bracket. since i'm not it's just more money i get back at the end of the year

...and before anyone tries to learn me something about claiming one and not having to take out extra cause "it's just giving the gubment a free loan!!1", save it. i have been doing this for years and am completely happy with what i pay/get back

i do not wanna be like some of my friends and have to pay $3 at the end of the year, hahaha. or the ones that have "their people" do their taxes and get thousands back only to be audited by the IRS

Actually, due to time value of money, you'd rather have that money now anyway than in 12 months.

$50 more due to thinking it might put you in a higher tax bracket ... not sure I follow that logic, but that's neither here nor there.

What you should do is take that $50 a month and put it as an additional contribution to your retirement (401k, similar) ... pay yourself and reduce your tax bill.

[Superwho]

Not to mention any money going into a retirement fund is usually taken out before taxes, lowering your taxable income and earning money instead of sitting for a year earning nothing

[slow99]

Not to mention any money going into a retirement fund is usually taken out before taxes, lowering your taxable income and earning money instead of sitting for a year earning nothing

Well, it was mentioned...but hey, worth mentioning again.

Actually, due to time value of money, you'd rather have that money now anyway than in 12 months.

$50 more due to thinking it might put you in a higher tax bracket ... not sure I follow that logic, but that's neither here nor there.

What you should do is take that $50 a month and put it as an additional contribution to your retirement (401k, similar) ... pay yourself and reduce your tax bill.

[yellowstang]

hum... That's some high coin... Would everything I spend go towards that? Rent, car payment, insurance payment, gas, cell phone, electric bill, cable, food, etc?

I'm trying to justify the cost of buying a neat scanner.

Go read some reviews on those Neat scanners, they are trash!