GlockTalk.com
Home Forums Classifieds Blogs Today's Posts Search Social Groups



  
SIGN-UP
Notices

Glock Talk
Welcome To The Glock Talk Forums.

 
  
Reply
 
Thread Tools Display Modes
Old 01-30-2013, 10:14   #21
SC Tiger
Some say...
 
SC Tiger's Avatar
 
Join Date: Aug 2011
Location: South Carolina
Posts: 8,052
Quote:
Originally Posted by Dennis in MA View Post
No.

http://business.time.com/2013/01/03/...a-dreaded-tax/

It was ORIGINALLY 45K. Back long ago. (1970's?) I still say AMT is set too low. It's designed to trap tax dodgers, not anyone making more than X. Limits are too low. Total tax % is too high. (I want to say it was the lower 20's for a while. I could be wrong.)
Thanks. I couldn't find anything current on the AMT and the more I read, the more confused I got. Apparently they finally got it fixed.
__________________
Hug your barking irons as the Devil hugs a witch

Quote:
If you're gonna be stupid, don't pull up short. Saddle up and ride it all the way in.
SC Tiger is online now   Reply With Quote
Old 01-30-2013, 10:15   #22
GMAN12
Senior Member
 
Join Date: Sep 2009
Location: S. E. Mich.
Posts: 288
You could always buy 1 round of .223 at today's going rate.
GMAN12 is offline   Reply With Quote
Old 01-30-2013, 10:18   #23
John_NJ
Senior Member
 
John_NJ's Avatar
 
Join Date: Jan 2013
Location: NJ
Posts: 358
You are smart to break even on your tax bill. Why give the government a free loan each year?


Posted using Outdoor Hub Campfire
__________________
Glock G19, 21, 22, 23, 26

Donít respond to the stupidity of a fool; youíll only look foolish yourself. Proverbs 26:4
John_NJ is offline   Reply With Quote
Old 01-30-2013, 10:31   #24
ray9898
Senior Member
 
ray9898's Avatar
 
Join Date: May 2001
Location: Georgia
Posts: 17,508


I also thought the tax rate over the last 2 years was stable.
ray9898 is offline   Reply With Quote
Old 01-30-2013, 10:49   #25
Dennis in MA
Get off my lawn
 
Dennis in MA's Avatar
 
Join Date: Aug 2001
Location: Taunton, MA
Posts: 53,858
Quote:
Originally Posted by John_NJ View Post
You are smart to break even on your tax bill. Why give the government a free loan each year?


Posted using Outdoor Hub Campfire
Depends. At a 6% CD rate and a 5% savings acct rate (remember those days?) I'd agree with you.

At 0.25% rate, $5K in a refund means $6.25 in "lost interest." It may not be worth the while.

(FWIW - I almost ALWAYS owe.)
__________________
The truth is you're the weak. And I'm the tyranny of evil men. But I'm tryin', Ringo. I'm tryin' real hard to be the shepherd.
Dennis in MA is offline   Reply With Quote
Old 01-30-2013, 10:52   #26
G29Reload
Tread Lightly
 
G29Reload's Avatar
 
Join Date: Sep 2009
Posts: 11,928
Quote:
Originally Posted by FLIPPER 348 View Post
With all due respect Okie, the President had nothing to do with your tax return as your taxes have not gone up.

Yes, they have. For everyone.
__________________
Avenge me...AVENGE ME!

To view links or images in signatures your post count must be 10 or greater. You currently have 0 signatures.
G29Reload is online now   Reply With Quote
Old 01-30-2013, 10:57   #27
Dennis in MA
Get off my lawn
 
Dennis in MA's Avatar
 
Join Date: Aug 2001
Location: Taunton, MA
Posts: 53,858
Quote:
Originally Posted by G29Reload View Post
Yes, they have. For everyone.
In 2012???
__________________
The truth is you're the weak. And I'm the tyranny of evil men. But I'm tryin', Ringo. I'm tryin' real hard to be the shepherd.
Dennis in MA is offline   Reply With Quote
Old 01-30-2013, 11:14   #28
Roering
Sorting nuts
 
Roering's Avatar
 
Join Date: Feb 2008
Posts: 4,516
No federal change in 2012. States are a different story.

Okie,

Just looking at the Fed, was there a specific difference in your taxable income or a reduction in some tax credits, or less withholding perhaps?
__________________
------------------------------------------------------
Warranty voiding

Never buy vegan tacos from a chick with longer armpit hair than yourself. - Woofie
Roering is offline   Reply With Quote
Old 01-30-2013, 11:30   #29
ArtCrafter
§Hocker Mocker§
 
Join Date: Jul 2008
Posts: 4,971
Not sure why anyone would want their money sitting in the Fed's bank account instead of their own.

I guess that's what makes horse races.
ArtCrafter is offline   Reply With Quote
Old 01-30-2013, 11:57   #30
SC Tiger
Some say...
 
SC Tiger's Avatar
 
Join Date: Aug 2011
Location: South Carolina
Posts: 8,052
Quote:
Originally Posted by ArtCrafter View Post
Not sure why anyone would want their money sitting in the Fed's bank account instead of their own.

I guess that's what makes horse races.
The problem I have is figuring out exactly how to make it come out near zero. I'm afraid I'll wind up owing money.
__________________
Hug your barking irons as the Devil hugs a witch

Quote:
If you're gonna be stupid, don't pull up short. Saddle up and ride it all the way in.
SC Tiger is online now   Reply With Quote
Old 01-30-2013, 12:24   #31
LASTRESORT20
LongTerm-Guy
 
LASTRESORT20's Avatar
 
Join Date: Aug 2010
Location: NC
Posts: 7,648
Quote:
Originally Posted by FLIPPER 348 View Post
......have his 'lyin eyes' done the math between this year and last to see the delta in his tax rate??


I understand a mindless Obama-bash is good fun but there are these pesky facts that can be a buzz kill.
* Hey Lefty...Still defending your do no wrong dear leader?

Country going to hell....

Ya...stick with your favorites you wont get any "pesky facts" there


Okie Memorial Area
LASTRESORT20 is offline   Reply With Quote
Old 01-30-2013, 12:55   #32
GLOCK19FTW
Senior Member
 
GLOCK19FTW's Avatar
 
Join Date: Dec 2012
Location: SC
Posts: 808
Quote:
Originally Posted by SC Tiger View Post
The problem I have is figuring out exactly how to make it come out near zero. I'm afraid I'll wind up owing money.
I **THINK** you claim 0 for 6 months out of the year, and then 9 for the remaining 6 months.

I could be mistaken though, but I know a lot of people who do it that way.

Just to be sure you don't owe, you could always claim 0 for 7 months out of the year, and then 9 for the other 5 months.

Last edited by GLOCK19FTW; 01-30-2013 at 12:56..
GLOCK19FTW is offline   Reply With Quote
Old 01-30-2013, 13:00   #33
Big House
Biggest member
 
Big House's Avatar
 
Join Date: Sep 2009
Location: Oklahoma
Posts: 398
Did you bump up into the next tax bracket?
Big House is offline   Reply With Quote
Old 01-30-2013, 13:02   #34
engineer151515
_______________
 
engineer151515's Avatar
 
Join Date: Nov 2003
Posts: 20,509


Okie. If your paycheck tax deductions are set up correctly, you should normally have your tax owed/refund within $100 either way. Otherwise, you are just lending your money interest free to the Federalies. Make interest on the money you let the govt hold for free.
__________________
"We better get back, cause it'll be dark soon. And they mostly come at night - mostly." - Newt - Aliens
engineer151515 is online now   Reply With Quote
Old 01-30-2013, 15:14   #35
Buki192327
Senior Member
 
Buki192327's Avatar
 
Join Date: Apr 2008
Location: S W Ohio, blowin in the wind
Posts: 5,513
okie my friend, you can eat off the McDonald's dollar menu 4 times.

I know it is not a steak or buffet, but you can still eat.
__________________
:crying:Too soon Old, Too late smart:wow:


To view links or images in signatures your post count must be 10 or greater. You currently have 0 signatures.
Club #46
Buki192327 is offline   Reply With Quote
Old 01-30-2013, 15:54   #36
GeorgiaGlocker
Incirlik AB
 
GeorgiaGlocker's Avatar
 
Join Date: Jan 2006
Posts: 2,469
Next year you will owe Barry money.
__________________
The problem in our country today is that we spend more time on making sure we are politically correct instead of making sure we are biblically correct.


To view links or images in signatures your post count must be 10 or greater. You currently have 0 signatures.
member
GeorgiaGlocker is offline   Reply With Quote
Old 01-30-2013, 16:25   #37
Sharkey
Senior Member
 
Sharkey's Avatar
 
Join Date: Nov 2006
Location: DFW, TX
Posts: 3,866
Quote:
Originally Posted by GeorgiaGlocker View Post
Next year you will owe Barry money.

True dat!
__________________
There are no saints in the animal kingdom, only breakfast and dinner.
Sharkey is offline   Reply With Quote
Old 01-30-2013, 20:12   #38
FLIPPER 348
Happy Member
 
FLIPPER 348's Avatar
 
Join Date: Oct 2000
Location: Lyle WA
Posts: 22,707
Quote:
Originally Posted by LASTRESORT20 View Post
* Hey Lefty...Still defending your do no wrong dear leader?

Country going to hell....


No but I'm amazed that a bunch of informed adults don't know why their take home pay changed and 'feel' in must have been a tax hike by that evil anti-American who won the election. I guess to much fox news has rotted your brains.

BTW- your take home pay would have been effected the same why had mittens won.
FLIPPER 348 is offline   Reply With Quote
Old 01-30-2013, 20:13   #39
FLIPPER 348
Happy Member
 
FLIPPER 348's Avatar
 
Join Date: Oct 2000
Location: Lyle WA
Posts: 22,707
Quote:
Originally Posted by Sharkey View Post
How can "taxes " not have gone up? First paycheck of the year showed a 2% increase in the amount deducted from your check to pay into SS.

.

case in point
FLIPPER 348 is offline   Reply With Quote
Old 01-30-2013, 20:23   #40
Krigloch
BACONEER
 
Krigloch's Avatar
 
Join Date: Mar 2007
Location: Springfield, IL
Posts: 2,640
Send a message via AIM to Krigloch
go get a double quarter pounder, you earned it!
__________________
twitter:
To view links or images in signatures your post count must be 10 or greater. You currently have 0 signatures.

Krigloch is offline   Reply With Quote

 
  
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump




All times are GMT -6. The time now is 06:06.




Homepage
FAQ
Forums
Calendar
Advertise
Gallery
GT Wiki
GT Blogs
Social Groups
Classifieds


Users Currently Online: 940
246 Members
694 Guests

Most users ever online: 2,244
Nov 11, 2013 at 16:42