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Discussion in 'Okie Memorial Area' started by okie, Jan 30, 2013.

  1. SC Tiger

    SC Tiger EL GATO!

    19,092
    4,458
    Aug 27, 2011
    South Carolina
    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.
     
  2. GMAN12

    GMAN12

    351
    18
    Sep 7, 2009
    S. E. Mich.
    You could always buy 1 round of .223 at today's going rate.:rofl:
     


  3. John_NJ

    John_NJ

    358
    1
    Jan 15, 2013
    NJ
    You are smart to break even on your tax bill. Why give the government a free loan each year?


    Posted using Outdoor Hub Campfire
     
  4. ray9898

    ray9898

    14,222
    1,467
    May 29, 2001
    Georgia
    I also thought the tax rate over the last 2 years was stable.
     
  5. Dennis in MA

    Dennis in MA Get off my lawn

    42,700
    2,810
    Aug 16, 2001
    Taunton, MA
    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.)
     
  6. G29Reload

    G29Reload Tread Lightly

    13,286
    363
    Sep 28, 2009

    Yes, they have. For everyone.
     
  7. Dennis in MA

    Dennis in MA Get off my lawn

    42,700
    2,810
    Aug 16, 2001
    Taunton, MA
    In 2012???
     
  8. Roering

    Roering Sorting nuts

    5,236
    148
    Feb 14, 2008
    Costa Mesa
    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?
     
  9. ArtCrafter

    ArtCrafter ¤Hocker Mocker¤

    5,237
    1
    Jul 14, 2008
    Not sure why anyone would want their money sitting in the Fed's bank account instead of their own. :headscratch:

    I guess that's what makes horse races. :horsey:
     
  10. SC Tiger

    SC Tiger EL GATO!

    19,092
    4,458
    Aug 27, 2011
    South Carolina
    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.
     
  11. LASTRESORT20

    LASTRESORT20 LongTerm-Guy

    19,130
    27,185
    Aug 10, 2010
    NC
    * Hey Lefty...Still defending your do no wrong dear leader? :upeyes:

    Country going to hell....

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


    [​IMG]
     
  12. GLOCK19FTW

    GLOCK19FTW

    807
    0
    Dec 16, 2012
    SC
    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: Jan 30, 2013
  13. Big House

    Big House Biggest member

    400
    0
    Sep 22, 2009
    Oklahoma
  14. engineer151515

    engineer151515

    14,165
    240
    Nov 3, 2003
    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.
     
  15. okie my friend, you can eat off the McDonald's dollar menu 4 times. :wow:

    I know it is not a steak or buffet, but you can still eat. :supergrin:
     
  16. GeorgiaGlocker

    GeorgiaGlocker Incirlik AB

    3,103
    706
    Jan 13, 2006
  17. Sharkey

    Sharkey

    6,966
    1,490
    Nov 21, 2006
    DFW, TX

    True dat!
     
  18. FLIPPER 348

    FLIPPER 348 Happy Member

    22,934
    3,110
    Oct 7, 2000
    Bend Oregon


    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.
     
  19. FLIPPER 348

    FLIPPER 348 Happy Member

    22,934
    3,110
    Oct 7, 2000
    Bend Oregon

    case in point
     
  20. Krigloch

    Krigloch BACONEER

    1,344
    0
    Mar 18, 2007
    Springfield, IL
    go get a double quarter pounder, you earned it! :grill: