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Hellfire
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Joined: 05 Aug 2003
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 Posted: Mon, 31 Mar 2008 11:42:46 Post Subject: |
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| FOX wrote: | just remember that 300 is coming out of your taxes next year... I talked to my cpa about that. The gov't did this a few years back. Next year on our taxes the blank that says "did you take a cash advance" we get to answer yes and deduct the 300-600 that we get as a "bonus" ...its an early return basically.. thats all
Taxes though, I did mine a while back. Got a couple g's back which is always nice (then it went right to bills lol) |
Yea, I missed that when they did that and now the state calls and says I owe them because of that...
*grumble* |
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Little Bruin
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BeerCheeze
*hick*
Joined: 14 Jun 2003
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Location: At the Bar
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| Posted: Mon, 31 Mar 2008 13:18:22 Post Subject: |
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| Hellfire wrote: | | FOX wrote: | just remember that 300 is coming out of your taxes next year... I talked to my cpa about that. The gov't did this a few years back. Next year on our taxes the blank that says "did you take a cash advance" we get to answer yes and deduct the 300-600 that we get as a "bonus" ...its an early return basically.. thats all
Taxes though, I did mine a while back. Got a couple g's back which is always nice (then it went right to bills lol) |
Yea, I missed that when they did that and now the state calls and says I owe them because of that...
*grumble* |
The Government never "gives" you anything. |
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Modulok
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treekodar
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Joined: 01 Mar 2008
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FOX
I <3 Quail
Joined: 15 Nov 2004
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Location: Saint Cloud, MN
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Hellfire
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Joined: 05 Aug 2003
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| Posted: Mon, 31 Mar 2008 22:59:35 Post Subject: |
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| treekodar wrote: | | Being 16 years old can be good sometimes. No paperwork for me, hah! |
Sheesh I've been doing my taxes since I was 14! |
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acruxksa
Doh!
Joined: 17 Oct 2003
Posts: 1051
Location: The Cradle of Storms
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| Posted: Tue, 01 Apr 2008 00:38:00 Post Subject: |
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You might want to get a new accountant Fox,
http://usgovinfo.about.com/b/2008/02/27/will-i-have-to-pay-taxes-on-my-rebate.htm
Doesn't mean it won't change. To tell you the truth I can't remember what they did on the last "stimulus" pay out I don't remember if it was deducted from our refund or if it was added to our total income. I'm too lazy to look through our tax records to find out though.
In any case, even if it doesn't come out of next years refund, we will still be paying it back in the form of higher taxes at some point in the future.
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Little Bruin
Boo Boo
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FOX
I <3 Quail
Joined: 15 Nov 2004
Posts: 2074
Location: Saint Cloud, MN
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| Posted: Tue, 01 Apr 2008 12:18:05 Post Subject: |
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either way its not free money... He's been a cpa for over 20 years and sicne i did my taxes months ago he told me what they have done in the past....either way however the govt finally decides to do it, its not gonna be free since taxes are up and i just got a letter from the city i live in saying my property value is down about 4k.... im pumped
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T-shirt
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Joined: 22 Aug 2003
Posts: 795
Location: Snohomish, WA USA
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| Posted: Tue, 01 Apr 2008 15:26:19 Post Subject: |
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That is what they did before, this time they're just printing money.
so it doesn't come out of next year, their "borrowing"** against the future.
** borrow assumes you intend to pay it back, the current administration has no such intention.  |
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acruxksa
Doh!
Joined: 17 Oct 2003
Posts: 1051
Location: The Cradle of Storms
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| Posted: Tue, 01 Apr 2008 16:02:46 Post Subject: |
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Property value only matters if you plan to sell or get a home equity loan. Lower property values actually mean lower property taxes 
I e-filed today and scheduled the tax payment to be debited from my account on the 14th. I've been able to get some satisfaction in the fact that I filed on April fools day. If I had known I could schedule my payment I would have filed back in February, but I have no intention of giving them my money more than a day or two before I have to. 
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