TheCatSite.com › Forums › General Forums › The Cat Lounge › Have you paid your income taxes yet?
New Posts  All Forums:Forum Nav:

Have you paid your income taxes yet?

post #1 of 27
Thread Starter 
For the first time in years, we owe money for our income taxes. I keep reminding myself every day that I need to transfer the money and write out the check, but I haven't been able to bring myself to do it.

Any one else procrastinating?
post #2 of 27
I owe the state and haven't gotten around to filing don't really understand how I owe state and got back from federal, but
post #3 of 27
I haven't done mine yet.
post #4 of 27
Quote:
Originally Posted by AbbysMom View Post
Any one else procrastinating?
We haven't even filed ours for the last 3 years. When I get the papers together for 2007 (this weekend) I've begged hubby to make an appointment with our accountant to get the whole 4 years done for both of us.

I don't know anyone who is more of a procrastinator than my sweetie.
post #5 of 27
I had to amend my taxes already this year.. I forgot something on my first filing. I already mailed them their payment and am done with them till next year...... I hate tax time it gets me angry every year! I heard one of the earlier presidential candidates say he wanted to abolish the IRS and he got my attention!!!!!
post #6 of 27
I haven't filed yet, and barring the unforeseen, I should be getting a refund, so I've still got lots of time. Even if I do owe, there's still four weeks to the deadline. But I should get off the pot so I can get my money back.
post #7 of 27
Quote:
Originally Posted by Yosemite View Post
We haven't even filed ours for the last 3 years. When I get the papers together for 2007 (this weekend) I've begged hubby to make an appointment with our accountant to get the whole 4 years done for both of us.

I don't know anyone who is more of a procrastinator than my sweetie.
My god woman!! I hope you don't get auditted! It is NO fun

I already did my taxes and received my big $51 check
post #8 of 27
Quote:
Originally Posted by Yosemite View Post
We haven't even filed ours for the last 3 years. When I get the papers together for 2007 (this weekend) I've begged hubby to make an appointment with our accountant to get the whole 4 years done for both of us.

I don't know anyone who is more of a procrastinator than my sweetie.
EEP! That would give me an anxiety attack for sure!

I filed mine months ago & got my return back, and spent it already
post #9 of 27
Quote:
Originally Posted by Trouts mom View Post
My god woman!! I hope you don't get auditted! It is NO fun

I already did my taxes and received my big $51 check
Quote:
Originally Posted by babyharley View Post
EEP! That would give me an anxiety attack for sure!

I filed mine months ago & got my return back, and spent it already
We aren't in a high enough income bracket for them to be very worried about us. The accountant would probably deal with them in the event of an audit so I'm not overly concerned.
post #10 of 27
Are you kidding? I did my taxes as quickly as I could! I knew I would get a big refund so I was very motivated.

And I got my refund already

If I had been paying extra, I would have happily waited till the last minute
post #11 of 27
I don't have to pay. I didn't do mine last year but my boyfriends mom just did mine last week and sent it off and I get back like $700. I can't wait for that cheque to come.
post #12 of 27
When I file, I always request to have funds deducted/deposited directly into our checking account. It's easier.
post #13 of 27
Quote:
Originally Posted by Rone View Post
When I file, I always request to have funds deducted/deposited directly into our checking account. It's easier.
I hate giving them free access to my bank account. They can get paid the old fashioned way by me. I don't even want them to know I have a checking account. Even though they have the almighty power to have that info.
post #14 of 27
We got our Fed back and it was 4 Dollars because we paid Jackson Hewett out of it. It would have been 228 otherwise. We get 1200 from the State. Most of the time we owe them or get a little back. We will use that for a Washer and Dryer and a Fridge when we buy a House.
post #15 of 27
Quote:
Originally Posted by AbbysMom View Post
For the first time in years, we owe money for our income taxes. I keep reminding myself every day that I need to transfer the money and write out the check, but I haven't been able to bring myself to do it.

Any one else procrastinating?
Here's the deal. People that get money back are loaning the government money at absolutely no interest. Is this smart? When I hear people bragging about getting a refund, well I keep my mouth shut. I have never got a refund. I have put that money to good use making at least CD rate which is low right now, but certainly better than nothing. The people that understand finance and money would be happy to NOT be getting a refund because they have had that money to use for the whole year. I very closely monitor this and make sure I always run to the post office on April 14th.
post #16 of 27
Quote:
Originally Posted by Persi & Alley View Post
Here's the deal. People that get money back are loaning the government money at absolutely no interest. Is this smart? When I hear people bragging about getting a refund, well I keep my mouth shut. I have never got a refund. I have put that money to good use making at least CD rate which is low right now, but certainly better than nothing. The people that understand finance and money would be happy to NOT be getting a refund because they have had that money to use for the whole year. I very closely monitor this and make sure I always run to the bank on April 14th.
I never thought of it that way. Finances are not my forte.
post #17 of 27
We never get refunds from the State. What we are getting is the most we ever got ever. My Dad owes Fed 9000. I would rather do the Taxes early if if we owe. Why wait until the last minute. The Irs rejected my Sisters taxes.
post #18 of 27
We owe nearly $10,000 because of stupid double taxing in Australia and the US - apparently we'll get a big refund once we put a claim in, but we have no idea or or who It really sucks. So yes, we're majorly procrastinating.
post #19 of 27
Quote:
Originally Posted by whuckleberry View Post
I haven't done mine yet.
just haven't gotten around to it yet... plus, i may owe $ so i'm in no hurry!
post #20 of 27
Mine are done and I've gotten my refund back

I'm excited because I pay off one of my credit cards with the refund and apply $$ to the other.
post #21 of 27
This is the first time we have every gotten a fed refund. Most likely due to the farm having a loss this year and the only income is from my business and I have lots of tax deductible expenses!!

But we also make the max contribution to IRAS every year and have extra withheld from paycheck so its ok!!

But we also had to owe the state a very small sum this year-again due to my income.

The "refund" is going into Neil's mouth anyway!!
post #22 of 27
Well this is how I look at it, I know Im borrowing the money to the IRS for the year to use, but I would rather get it in one big lump sum so that I can actually do something special with it, instead of getting the extra 100 a week, you can get alot back and go on vacation, or due something wonderfull! I paid my house payment until August!! Then paid extra on alot of other bills! So then this year Im ahead instead of behind, so they can borrow it, Ill get it back later! My Dad and step mom make sure to keep it within 100 dollars though, either they owe 100 or pay 100!
post #23 of 27
Thread Starter 
Quote:
Originally Posted by sarahp View Post
We owe nearly $10,000 because of stupid double taxing in Australia and the US - apparently we'll get a big refund once we put a claim in, but we have no idea or or who It really sucks. So yes, we're majorly procrastinating.
That's how much I owe, but there won't be a refund coming eventually.
post #24 of 27
DH did most of the work on them, but we're still waiting on one W2 form!!!!! We know we owe some but we are trying to wait on that W2 to file so we have the official amount we owe. This makes like 3 or 4 years now that we've owed!
post #25 of 27
I e-filed my federal return back in January and found my return deposited in my checking account when we got back from our honeymoon (I was surprised our account doubled while we were away!! )

The state of SC wasn't accepting e-filed returns yet, so I still have to send it in. Totally procrastinating!!!! And Rob owes $120 for self-employment tax this year since he worked at the lab only 2 months, then finally left and built transmissions for the rest of the year. Everyday I write on the calendar for the next day - "SEND IN TAX STUFF" ... and I still havent!
post #26 of 27
Bleh, this is the FIRST year in my whole tax filing life I am procrastinating. I owe IRS $4700.00. YES, granted I was dumb and never made estimates last year.
post #27 of 27
State income tax? What's that?

We had to pay a chunk of tax, because we sold our truck that was fully depreciated, so the whole sale price was "recapture," which is treated as ordinary income.

One very wise politician suggested requiring everyone to write a check each week for their taxes; he said the IRS probably would be voted out of existence before the year was over.
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: The Cat Lounge
TheCatSite.com › Forums › General Forums › The Cat Lounge › Have you paid your income taxes yet?