Author Topic: Taxes - how'd you do?  (Read 4032 times)

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Offline K-S-U-Wildcats!

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Taxes - how'd you do?
« on: February 18, 2013, 10:40:58 AM »
Finished my returns this weekend. Paid an effective federal income tax rate of 15.6% (total federal income tax / total income). Add in FICA, KS income tax, real and personal property taxes, and (approximate) sales tax, and I paid about 35% of my income in taxes in one form or another.

How'd you guys do?



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I've said it before and I'll say it again, K-State fans could have beheaded the entire KU team at midcourt, and K-State fans would be celebrating it this morning.  They are the ISIS of Big 12 fanbases.

Offline OK_Cat

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Re: Taxes - how'd you do?
« Reply #1 on: February 18, 2013, 10:43:19 AM »
personal question

Offline Willesgirl

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Re: Taxes - how'd you do?
« Reply #2 on: February 18, 2013, 10:47:52 AM »
Finished my returns this weekend. Paid an effective federal income tax rate of 15.6% (total federal income tax / total income). Add in FICA, KS income tax, real and personal property taxes, and (approximate) sales tax, and I paid about 35% of my income in taxes in one form or another.

How'd you guys do?

Very much like you did, K-S-U. Paid 15.9 percent effective federal income tax rate and gave an interest free loan to the government of about $2,000. When FICA, state income, sales, personal property etc are included, I paid about 40 percent.

Offline steve dave

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Re: Taxes - how'd you do?
« Reply #3 on: February 18, 2013, 10:48:29 AM »
I have no idea

Offline pissclams

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Re: Taxes - how'd you do?
« Reply #4 on: February 18, 2013, 10:56:18 AM »
taxes really are for the poorest of the poor


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Offline Rams

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Re: Taxes - how'd you do?
« Reply #5 on: February 18, 2013, 10:57:23 AM »
1. I've never paid attention to the rate I'm paying

2. I won't give my stuff to my cpa until sometime in late sept early oct

3. it's none of your damn business
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Offline The Tonya Harding of Twitter Users Creep

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Re: Taxes - how'd you do?
« Reply #6 on: February 18, 2013, 11:12:20 AM »
 :kstategrad: DNR.
I think what my friend Mitch is trying to say is that true love is blind.

Offline Saulbadguy

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Re: Taxes - how'd you do?
« Reply #7 on: February 18, 2013, 11:28:42 AM »
.

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Offline K-S-U-Wildcats!

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Re: Taxes - how'd you do?
« Reply #8 on: February 18, 2013, 11:31:41 AM »
Whole lotta strange replies here. If you don't want to share, you don't need to reply.
I've said it before and I'll say it again, K-State fans could have beheaded the entire KU team at midcourt, and K-State fans would be celebrating it this morning.  They are the ISIS of Big 12 fanbases.

Offline OK_Cat

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Re: Taxes - how'd you do?
« Reply #9 on: February 18, 2013, 11:32:42 AM »
Whole lotta strange replies here. If you don't want to share, you don't need to reply.

can you imagine this shithole if nobody responded to stupid threads?


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Offline Emo EMAW

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Re: Taxes - how'd you do?
« Reply #10 on: February 18, 2013, 11:42:28 AM »
Spent the weekend creating an LLC to use as a tax shelter.  This past year was just too much for me.  eff em.

Offline Mrs. Gooch

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Re: Taxes - how'd you do?
« Reply #11 on: February 18, 2013, 11:42:58 AM »
Haven't even started yet.

Offline steve dave

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Re: Taxes - how'd you do?
« Reply #12 on: February 18, 2013, 11:46:27 AM »
sdbro is getting back $8,500. I was all  :lol: you dumbass  :lol:

Offline The Tonya Harding of Twitter Users Creep

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Re: Taxes - how'd you do?
« Reply #13 on: February 18, 2013, 11:48:29 AM »
sdbro is getting back $8,500. I was all  :lol: you dumbass  :lol:

It blows my mind how many people don't understand that a big return means they lost a lot of money.
I think what my friend Mitch is trying to say is that true love is blind.

Offline steve dave

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Re: Taxes - how'd you do?
« Reply #14 on: February 18, 2013, 11:49:20 AM »
sdbro is getting back $8,500. I was all  :lol: you dumbass  :lol:

It blows my mind how many people don't understand that a big return means they lost a lot of money.

he understands it completely. he was mocking himself more than I was mocking him.

Offline The Tonya Harding of Twitter Users Creep

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Re: Taxes - how'd you do?
« Reply #15 on: February 18, 2013, 11:50:33 AM »
sdbro is getting back $8,500. I was all  :lol: you dumbass  :lol:

It blows my mind how many people don't understand that a big return means they lost a lot of money.

he understands it completely. he was mocking himself more than I was mocking him.

Wasn't knocking sd bro... just noting that there are a lot of people out there that think that getting $8500 back is "winning" taxes.
I think what my friend Mitch is trying to say is that true love is blind.

Offline The Tonya Harding of Twitter Users Creep

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Re: Taxes - how'd you do?
« Reply #16 on: February 18, 2013, 12:10:01 PM »
Nothing like a series of KKK posts to kill a thread.  :fatty:

You're welcome, everyone else!
I think what my friend Mitch is trying to say is that true love is blind.

Offline wetwillie

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Re: Taxes - how'd you do?
« Reply #17 on: February 18, 2013, 12:19:11 PM »
Haven't filed a return in years, the IRS got soft when clinton left
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Offline Winters

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Re: Taxes - how'd you do?
« Reply #18 on: February 18, 2013, 12:22:30 PM »
Best #heel and/or #babyface on this blogsite



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Offline AbeFroman

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Re: Taxes - how'd you do?
« Reply #19 on: February 18, 2013, 12:26:18 PM »
Really excited about not having to file in 2 states this year.

Offline Bloodfart

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Re: Taxes - how'd you do?
« Reply #20 on: February 18, 2013, 12:32:05 PM »
Forgot to contribute to my Roth.    :facepalm:

Offline Emo EMAW

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Re: Taxes - how'd you do?
« Reply #21 on: February 18, 2013, 01:01:39 PM »
Forgot to contribute to my Roth.    :facepalm:

I think you still can?

Offline Bloodfart

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Re: Taxes - how'd you do?
« Reply #22 on: February 18, 2013, 01:12:05 PM »
Forgot to contribute to my Roth.    :facepalm:

I think you still can?

I know but it's not in my budget right now and pretty soon we won't be eligible contribute.

Offline hemmy

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Re: Taxes - how'd you do?
« Reply #23 on: February 18, 2013, 03:17:55 PM »
I'm gonna owe like $1,200 I suspect.

Offline sys

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Re: Taxes - how'd you do?
« Reply #24 on: February 18, 2013, 03:40:16 PM »
with interest rates as they are, they return or no return argument is pretty pointless.
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