2013 Taxes...What'd you pay?

Discussion in 'The Okie Corral' started by XDRoX, Feb 16, 2014.


  1. Wife just did the taxes. I made $75k.
    We ended up paying just shy of $3600. This is for both fed and state combined.
    Not bad I guess. Maybe I have been voting wrong all this time?
     

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  3. fnfalman

    fnfalman Chicks Dig It

    45,754
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    I'm confused. You paid in an additional $3600 after your tax forms were done? Or you paid a total of $3600 for the whole year?
     

  4. I paid a total of $3600 for the whole year.
     
  5. 8-Ball

    8-Ball Drifting Cowboy

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    Ummm... I made significantly less than you and I paid over four times that. How did you manage that?
     
  6. fnfalman

    fnfalman Chicks Dig It

    45,754
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    Jesus, you have like ten kids to write off?
     
  7. Zonny

    9,916
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    5% tax bracket? Must be nice.
     
  8. This can't be right. A lot of info is missing here.
     
  9. So I'm not crazy. I knew it sounded good.
    I have three kids and a wife that doesn't work, I guess that's what did it?????
     
  10. Maybe I'm not calculating something right. I looked in box 1 and I assume that's what I made. $75k.
    I looked in boxes 2 and 17 to see what I paid in fed and state taxes. I subtracted that number from our return that we are going to get. Ended up paying $3600 total for the year.
     
    #9 XDRoX, Feb 16, 2014
    Last edited: Feb 16, 2014
  11. Not sure what you did but the tax code is built in tiers and unless you have significant deductions then this doesn't add up. I have a couple members of my family that are CPA's.
     
  12. 686Owner

    686Owner NRA Life Member

    9,751
    76
    Does that include local taxes (city/county?) What about real estate taxes?

    Either way, I made less and paid more in taxes.
     
  13. We deducted our property tax, mortgage interest, and expenses for our rental. That and three kids and a wife that doesn't work and this is what it came out to :dunno:
     
  14. 8-Ball

    8-Ball Drifting Cowboy

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    If you don't mind me asking, how much did they take out for fed and state?
     
  15. This isn't adding up. Taking your tax return out of the conversation for a sec, you make 75k a year? You live in San Diego? You have three kids and a wife who doesn't work?


    How in the world do you afford to live on what you make? Do you have money from an inheritance or something?


    75k is just not a lot of money, especially for that location and your situation.


    Just curious.
     
  16. Zonny

    9,916
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    You'd better run those numbers again. Something's wrong. Did you have huge medical bills? You have a large mortgage? A big loss? Did you use tax prep software?
     
  17. I also want to know if we did them correctly. It sounds too good to be true. Our return is going to be $12,852. I paid $16,452. Looks like I need to have them take out way less next year.
     
  18. Zonny

    9,916
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    Has no bearing on his tax obligation.
     
  19. No medical bills. Very little mortgage. Well little for San Diego. We are 10 years into our 30 year loan. We owe around $250k on our house. Our rental house is paid off. My wife used TurboTax.
     
    #18 XDRoX, Feb 16, 2014
    Last edited: Feb 16, 2014
  20. Zonny

    9,916
    183
    What was your situation last year? Compare them.
     
  21. 8-Ball

    8-Ball Drifting Cowboy

    3,906
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    My question was out of curiosity.
     

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