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General Category => General Talk => Topic started by: Mongoloid on February 11, 2010, 08:40:36 am

Title: IRS returns time, baby
Post by: Mongoloid on February 11, 2010, 08:40:36 am: What are you getting back from the IRS? I think most people here have jobs that make over a few grand a year so most of us should be getting returns! Hopefully nobody is ending up having to pay anything extra...

Suppooooosedly I'm getting about 700 bones back, which is pretty terrible, but I'm still pretty excited.
I am torn on what to spend it on because I really hate spending extra money on things that my week to week paychecks go to.
I have like $300 in student loans to pay and then about $700 left on a loan for my alto sax, but if I pay off the sax in the next 2 months I get like 100 bucks off, so I'm leaning towards that. THOUGH I sure would like to not have to worry about my student loans anymore.

I'm a little ignorant when it comes to foreign government btw, are there similar systems outside the US?
Title: IRS returns time, baby
Post by: Barack Obama on February 11, 2010, 08:45:00 am: About 1500. Its going straight into my savings for going back to school.
Title: IRS returns time, baby
Post by: Summoner on February 11, 2010, 03:49:05 pm: i got about a grand back, it went into buying me and my fiancées wedding rings
Title: IRS returns time, baby
Post by: Evangel on February 11, 2010, 03:58:44 pm: I might look into investing in a mutual fund. Any recommendations?
Title: IRS returns time, baby
Post by: bort on February 11, 2010, 04:16:41 pm: $932, and I'm hitting the road with it : )
Title: IRS returns time, baby
Post by: Farren on February 11, 2010, 05:28:11 pm: I don't know yet

I hope its alot though
Title: IRS returns time, baby
Post by: goldenratio on February 11, 2010, 06:00:38 pm: 2200 woo
Title: IRS returns time, baby
Post by: Bled on February 12, 2010, 01:45:45 am: A little over $1100, which is nice. I'm using that and one paycheck to both pay off a car and get a shiny PS3.
Title: IRS returns time, baby
Post by: Frisky SKeleton on February 12, 2010, 02:00:02 am: your tax system is really weird. down here you usually get back a bit the first time you do it, and every time after you get like $50 or something max. unless you've changed something major
Title: IRS returns time, baby
Post by: im_so_tired on February 12, 2010, 02:10:55 am: gr don't you do work as a freelancer? doesn't that mean you're considered an independent contractor when you work with your clients? how do you get returns for that?
Title: IRS returns time, baby
Post by: tuxedo marx on February 12, 2010, 11:01:23 am: one million nigerian naira

i have never worked / paid any taxes so i am fairly clueless. how does it all work over there?
Title: IRS returns time, baby
Post by: Barack Obama on February 12, 2010, 12:34:24 pm: Quote from: Rockman on February 12, 2010, 11:01:23 am
one million nigerian naira

i have never worked / paid any taxes so i am fairly clueless. how does it all work over there?
You automatically get money deducted from every paycheck and at the end of the year you get a summary called a w2, which you use to tally up how much you made and how much of that money that was your paychecks you're eligible to get back. Sometimes you may have had too little taken out and you'll owe the IRS money. Its a convoluted maze of deductions and penalties and whatnot.
Title: IRS returns time, baby
Post by: goldenratio on February 12, 2010, 05:18:32 pm: Quote from: im_so_tired on February 12, 2010, 02:10:55 am
gr don't you do work as a freelancer? doesn't that mean you're considered an independent contractor when you work with your clients? how do you get returns for that?
no man i am a salaried employee at a programming company. but a lot of my return is from my student loans; i get back 100% of the interest paid on my federal loans.
Title: IRS returns time, baby
Post by: cocaine on February 13, 2010, 04:19:33 am: like 5gs

need it bad im a loser with no job so i have to live off it that because im lazy