do you owe

[Chuck A]

6300$ for me i guess i made too much money, how about everyone else, are you a receiver or a giver to the tax man? don't need the amount.

[Chuck A]

need VB cash Please i have given more than millions away

[simpleman68]

:cert:

[Steve Austin]

Only paid $800. I didnt earn nearly enough.

[RED-85-Z51]

Preliminary number is i owe about 2800....the .gov loves small businesses running on a shoestring budget, every available cent must be paid in.

On a 100 dollar invoice...7.50 goes to state salestax. Another 20ish goes to the.gov

About 50% is parts and costs...

So 100 bucks is actually only about $22.50

Customers act like im getting rich, im like bitch please

[Stangkiller]

Yup, I owed, paid it yesterday.......about $1,700. My wife and I paid more in taxes this year than i made my first year out of college :banghead:

[Chuck A]

Preliminary number is i owe about 2800....the .gov loves small businesses running on a shoestring budget, every available cent must be paid in.

On a 100 dollar invoice...7.50 goes to state salestax. Another 20ish goes to the.gov

About 50% is parts and costs...

So 100 bucks is actually only about $22.50

Customers act like im getting rich, im like bitch please

I understand my gross is nice but then my net , i am like WTF, hasnt the goverment taken enough, it is what it is, but come on enough allready

[DAB]

Preliminary number is i owe about 2800....the .gov loves small businesses running on a shoestring budget, every available cent must be paid in.

On a 100 dollar invoice...7.50 goes to state salestax. Another 20ish goes to the.gov

About 50% is parts and costs...

So 100 bucks is actually only about $22.50

Customers act like im getting rich, im like bitch please

Why :DAB: is a hobby.

[Chuck A]

Why :DAB: is a hobby.

thanks for the cash:seasix:

[Steve Austin]

2015 , I am putting more in the 401k to get better results next April. I dont hate paying but I dont love it either.:D:D

[MrPeabody]

Preliminary number is i owe about 2800....the .gov loves small businesses running on a shoestring budget, every available cent must be paid in.

On a 100 dollar invoice...7.50 goes to state salestax. Another 20ish goes to the.gov

About 50% is parts and costs...

So 100 bucks is actually only about $22.50

Customers act like im getting rich, im like bitch please

You don't pay state sales tax. You collect it from your customers and forward it to the state.

[...Whitepower...]

Would have had I not bought the Silverado..

Section 179 to the rescue.:D

Had a feeling it was going to go down that way. That's why I signed for it on 12/31. :lol:

[RED-85-Z51]

You don't pay state sales tax. You collect it from your customers and forward it to the state.

Customers do not see it that way, they see the bottom line going into my pocket.

[Chuck A]

Customers do not see it that way, they see the bottom line going into my pocket.

:iagree:i think that sucks, the tax man will get his whether you want to or not

[MrPeabody]

Customers do not see it that way, they see the bottom line going into my pocket.

If your customers think the sales tax they pay is going into your pocket, they are idiots.

[Aerovette]

This is the first year in my whole life we had to pay. Not much, but still.

[69camfrk]

Had to pay the feds $1900 this year. Got $800 back from state, but still in the hole....:sadangel:

[Rob]

Got lucky this year. had a couple deductions that helped me out and took away the red

:dixie:

[Burro (He/Haw)]

Owe. My home is close to being paid off, the tax shelter it was providing is all but gone.

[Craig]

Had to write a $1400 check to the Fed, got about the same back from the state. We give about 10% to charity, so that reduces our bill by a lot (I'd rather give it to someone who actually puts it to good use than to the dipshits wasting it in D.C.). Our mortgage deduction is pretty small and getting smaller every year. :woot:

[marrepka]

Owe. My home is close to being paid off, the tax shelter it was providing is all but gone.

This. Paid off the house last year, and you owe $6K this year

[RonC5]

Had to pay $421 this year, down from almost 3K last year. The wife retired over the summer so the income dropped, maybe a refund next year.

[LATB]

I had to pay the ass holes who run this country $500bux. I didn't have to pay state because we have no state income tax. But most of them are ass holes too.

[Hoog]

I didn't have enough withheld during the year, so had to send them a check.

That check was a smmmaaaaall portion of what I paid.

[LATB]

That check was a smmmaaaaall portion of what I paid.

Good point. :seasix:

[RedLS1GTO]

We owed... for the first time ever. :ack:

Every time I do taxes and see how little of my money I actually get to keep, it makes me want to puke.

http://tarheelteaparty.org/wp-content/uploads/2013/08/uncle-sam-work-hard-millions-on-welfare-depend-on-you-poster.jpg

[VITE1]

I didn't have enough withheld during the year, so had to send them a check.

That check was a smmmaaaaall portion of what I paid.

:iagree:

I paid them today close to 5K. That less than 10% of what I paid JUST to the Fed.

Lucky we have no state income taxes in NH. But Property and other taxes paid added another 12K.

[Chuck A]

I just don't know what a real paycheck is, would love just one week to actually receive a gross check not a net, how can they just take so much of my check from me?
very sad, indeed

[Cybercowboy]

We're getting back something like $3k this year, not sure why but we are. I'd look closer at the returns but honestly I'm just glad we have an accountant to do all that stuff. I hate it.

[Admiral Blue]

are you a receiver or a giver to the tax man?

I am giving around $11,000 as expected, though somehow, it seems like I (we) are always receiving. :leaving:

[Chuck A]

I am giving around $11,000 as expected, though somehow, it seems like I (we) are always receiving. :leaving:

wow that is alot, is that because of your high salary?

[Admiral Blue]

Salary? Lol, I am self employed. ;)

I knew I would owe given my estimated payments during the year.

[99 pewtercoupe]

$3000 to the Fed and another $600 to the state :ack:

[Chuck A]

Salary? Lol, I am self employed. ;)

I knew I would owe given my estimated payments during the year.

:seasix:

[DAB]

fed - no

state - yes

net - yes.

:DAB:

[Truck Guy]

Lucky this year. No :seasix:

[GentleBen]

I owed the Feds a little over $7,250 and the State a little over $1,800 and that was after I stuck $6,500 in an IRA to lower my taxes.

Of course an IRA when I am 66 is a little like carrying coal to Newcastle but anything from allowing the thieving politicians from getting their hands on it.

[Loco Vette]

I owe a pretty good chunk of change due to the sale of some fully depreciated assets that wasn't anticipated when I planned out withholding. Hope someone actually benefits form it.

[VITE1]

I owe a pretty good chunk of change due to the sale of some fully depreciated assets that wasn't anticipated when I planned out withholding. Hope someone actually benefits form it.

:lol:

The IRS can but a few more stair climbers VS helping Americans figure out the tax code.

[Chuck A]

that is besides the 30k that they allready had taken out of my and my wifes paycheck, we usually get some ba ck due to my children being in college but was told since i made more than a average middle class i owed, WTF , come on people:shots: