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Good, does that mean I can stop paying taxes? - nm

Posted By: XXX on 2007-05-13
In Reply to: You can opt out if it goes through, but you - will basically be considered nonexistent.

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I've been paying a lump sum for my taxes
and was starting to get scared that I'm doing it wrong. Actually, my husband was doing the taxes, and this year we're separated. I've just been an IC two years and an MT for a little over three. So is it okay to send it all in April? This will be my first year to write off an office space and such. So many other things were going on before that I had no time to really think this all through. Numbers and taxes and math are not my thing!
They may be citizens and are paying taxes like the rest of us.
What difference does it make?
Apparently paying my Iowa taxes
Man, they've gone up. Dang it all to heck.

Otherwise, I'll be using the difference by knocking out my small bills in anticipation of paying off our zillions of dollars worth of student loans in about 800 years.
When did parents stop paying attention?
I'm nearly done raising my kids, and they're good kids. In addition, I've been a boy scout leader for 12 years, so often I'm around a lot of really good kids who have parents who care. Tonight I was helping out a cub scout meeting with a bunch of bright-eyed, energetic cubs. Two of our older boys, 12-year-olds from the boy scout troop were also helping out. At one point, the kids all went outside with the den leader and another parent to do an activity. This was around 7:30 p.m. and it was dark outside. One of the boy scouts came back inside to get me. He wanted to let me know that they had to move the cubbies away from some "bigger" kids outside. Turns out, there were some 9th graders hanging out at the back of the school building where we meet. They were sitting near the playground, smoking and filling an empty 2-liter soda bottle with smoke, making smoke rings. They weren't particularly noisy, but their language was atrocious. Obviously, we didn't want that example near the little ones.
So I walked over and said to them in a calm voice, "Hey folks, I'm bringing some 2nd graders around here, and I'd like for you to move off the property." They just looked at me with an "I-hate-the-world" look, rolled their eyes and said, "Yeah, sure." Of course, there was no movement. I say, "I've asked you nicely once. You move now. You don't get another warning." One of our scout dads started heading over at that point. He's a big man about 300 pounds. These kids, two boys and a girl, started spewing language you wouldn't want a longshoreman to hear. I'm no prude, and I've done less than bright things as a teenager, and I've paid my dues working with some troubled kids. I wasn't shocked by the language, though, I didn't like it at all.
I did, at one point, say to them, "Look, can you do this at home?" The girl's reply was, "Yeah, my parents aren't old."
That one actually made me laugh. I said to her, "Well, if it's ok to do this at home, then that's a good place to be. You can't be here." She started screeching about how adults just don't show respect to her, and I laughed and said, "I'm sorry you feel that way, really sorry. Because that means you don't understand that you are being treated just the way you are asking me to treat you. In fact, I'm being way more patient than I need to be." I know she didn't understand. Nothing was out of bounds with these kids. The other adult with me made a remark to them about how little he thought of their parents because of their behavior. One overly-brave kid said that his parents were fantastic and let him do whatever he wanted. Yeah. That was pretty obvious. He told us we shouldn't be disrespecting his parents. I told him that I would never want to do that. Would he, therefore, please go home, tell his parents what happened and send them back down to me. I'd be there for the next 30 minutes. No one showed of, of course.
What gets me isn't so much the smoking, the lack of concern about the example they set for the little children nearby, or the language. Certainly, all of that was awful. But the big problem was the complete lack of respect they have for anyone else, especially adults. And as they behaved like obnoxious brats, they preached about how they should be treated with respect! I hear this over and over form kids. If I can get them to actually have a decent dialogue, I usually ask the kids to define respect. They generally give me a correct definition, but that's not what they are asking for. What they really mean when they say that adults don't respect them is, "You won't let me do what I want to do."
So when did parents stop teaching kids these basic rules of conduct, and when did parents forget to really teach children about respect for others and respect for themselves? I'd be absolutely sure the world was going to Hades in a handbasket if it weren't for the really wonderful kids I work with each week. "My" boy scouts are great kids!

Unfortunately, the 12-year-old boy scout who called my attention to the loitering kids saw most of the exchange above. But later he came to me and said, "You know what? Now I know why you are constantly on top of us about our language and our behavior at scouts."
"Really? Why's that?"
"Those kids don't even realize that what they were doing was so awful. They think they have a right to argue and yell and curse. They do it all the time at school, so they think it's o.k. If you were to let us do that all the time, we'd think it was o.k., too."
Now there's a kid who will go far! And it was one of my payoff moments in scouts!
Do you pay her taxes like a good employer?!
nm
Okay good news first, the running will stop at some point.

My youngest (3-1/2 now) did the same thing, and my 5-year-old never did either.  I was mortified with his behavior and the worst part was my dh thought I was overreacting.  Then he took the kids to the store alone one day.  He came home and said "Wow Tommy is naughty in the store", well duh!!!! that is why I look like I have been through a battle when I get home from the store everytime.  At about 2 1/2 he started listening and got psyced about holding on to the cart with mommy, or even better riding in one of the "car carts" that they have at the supermarket.  But anywhere that he needed to sit still for I just ended up finding a babysitter until he was more calm (around 32 months). 


My 5-year-old starts school this year too and she is having the same issue.  She is not a shy girl by any means,but she is soooo worried about K.  I think it is normal and I am hoping that she will be okay once she gets there and is involved in the activities. 


Sorry I guess this was not really much help, except to know you are not alone. 


 


I believe you which sucks because this site is just TOO GOOD to stop posting! sm
I've always thought she wasn't an honest person to begin with.....first the site was hijacked and then it was being updated. I get it now. Thanks for this. I don't understand why she was so against outsourcing (as am I), and then all of this mess. Thank you for this site.
Stop! Stop! Memories

Keypunch machines. That's why my hearing is a bit off now. LOL


First personal computer and printer: An Epson and continuous paper printer with DOS operating system. Cost: $3500.


I still have my mood rings and my torquoise jewelry but lost my class ring in the grocery store.It was expensive, $50, black onxy stone and gold band.


Snowstorms that shut the towns down for days on end. Couldn't get out to go to work unless you worked close to home and could walk. Schools never shut down. Five of us walked a mile a day to school with snow up to our hips. Our lessons for the day? Study hall.


My first car was a ི Chevy coupe. Gas was $.27 a gallon and I chauffered 5 friends to and from school for $.25 a week. On Friday and Sat. nights there was a dance with a group that became 'almost famous.' They got as far as the Steel Pier in Atlantic City dance club. It was a big deal to be on TV in those days. On those nights, I would go to the next town and pick up anybody hitch hiking to the dance. (I wasn't allowed to go to the dances). I wired the car with an older portable record player that only played 45s and kept my records under the seat.Worked great except when I would hit a bump. LOL


Bandstand every day from 3:30 to 5:00 EST.


Sleigh riding in the winter on our Flexible Flyer. We did it on steep coal banks. Much better thrill. Then we found out cardboard worked even better. No getting stuck halfway down the bank because the sleigh rails would hit a larger piece of coal sticking up.


Hide-and-seek when it got dark. I missed the pole and hit face first. What a bloody mess, but you didn't run to the ER for it.


Throwing corn at the nasty neighbor's house at Halloween. He called the cops. We ran and hid. I was caught. Where was I hiding? In the neighbor's garbage pile. Today garbage piles are called compost piles.


 


 


TAXES

This is my first year having to figure taxes w/ IC and I've only done it for a few months.  I'm wondering if anyone can tell me anything they think would be helpful to me regarding filing my taxes.


Here are a few things I have heard:  That I need to send in 30%-40% of my gross pay quarterly.  I have heard I can claim my office space, percentage of my utilities, and any other cost involved with my work BUT  I have also heard that amount has to exceed a certain $ amount before I will be able to claim it.  That really doesn't make any sense to me but I honestly have no clue. 


We normally have our taxes done by a certain company and am considering going to someone else and, of course, plan to ask him loads of questions but I'd like to have some sort of idea from any of you who are doing this of what to expect.


Thank you for any help you can give me.  



 


Taxes

Be sure to read all the way to the end!



Tax his land,
Tax his bed,
Tax the table
At which he's fed.


Tax his tractor,
Tax his mule,
Teach him taxes
Are the rule.


Tax his cow,
Tax his goat,
Tax his pants,
Tax his coat.


Tax his ties,
Tax his shirt,
Tax his work,
Tax his dirt.


Tax his tobacco,
Tax his drink,
Tax him if he
Tries to think.


Tax his cigars,
Tax his beers,
If he cries, then
Tax his tears.


Tax his car,
Tax his gas,
Find other ways
To tax his ass


Tax all he has
Then let him know
That you won't be done
Till he has no dough.


When he screams and hollers,
Then tax him some more,
Tax him till
He's good and sore.


Then tax his coffin,
Tax his grave,
Tax the sod in
Which he's laid.


Put these words
upon his tomb,
"Taxes drove me
to my doom..."


When he's gone,
Do not relax,
Its time to apply
The inheritance tax.


Accounts Receivable Tax
Building Permit Tax
CDL license Tax
Cigarette Tax
Corporate Income Tax
Dog License Tax
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax,
Fuel permit tax
Gasoline Tax (42 cents per gallon)
Hunting License Tax
Inheritance Tax
Interest expense
Inventory tax
IRS Interest Charges
IRS Penalties (tax on top of tax)
Liquor Tax
Luxury Taxes
Marriage License Tax
Medicare Tax
Property Tax
Real Estate Tax
Service charge taxes
Social Security Tax
Road usage taxes
Sales Tax
Recreational Vehicle Tax
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone federal excise tax
Telephone federal universal service fee tax
Telephone federal, state and local surcharge taxes
Telephone minimum usage surcharge tax
Telephone recurring and non-recurring charges tax
Telephone state and local tax
Telephone usage charge tax
Utility Taxes
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft registration Tax
Well Permit Tax
Workers Compensation Tax


COMMENTS: Not one of these taxes existed 100 years ago,
and our nation was the most prosperous in the world.
We had absolutely no national debt, had the largest middle class
in the world, and Mom stayed home to raise the kids.
What happened?


And I still have to "press 1" for English
I hope this goes around world 10 times



It's America, I shouldn't have to press
anything to hear English. The constitution
was written in English, not Spanish.


I do our taxes myself
and he never even looks at them. Hopefully we won't refinance or anything anytime soon where they'll need to be looked over. I'm going to pay these things off and stop it... hopefully within the year.
I would rather pay more in taxes than to have--sm
someone garnishee my wages for her insurance program that I may or may not want!! Besides, his idea of changing the way taxes are collected is much more fair than the way it is now. Is that all you have against him?? Gotta do better than that!
Taxes
Honey, I feel your pain.  And, if at all possible you do need to get on top of your quarterlies.  I failed to do that and now owe about $40,000.  My husband and I called the IRS and they generally will work with you on a payment plan that you can afford, but unfortunately, interest and penalties contine to accrue.  I think as long as they see you are making an effort they will work with you.  I think if you make payments to the IRS you can claim that as a deduction for the next year's taxes as well.  Best of luck to you!!!
Me, myself and I and my taxes sm

mmm 'scuse me.  I had only my IC income and only Federal taxes to pay last year.  I paid in $7000 and some.  I don't quality for a stimulus check either.  Raking it in? Hardly!  I pay 30% of my taxable income in taxes and I can only take the standard deduction, plus what came out to about $2000 in office expenses last year.  You add up $7K x 3, + 2007 standard deduction for a single person + $2000 and you got my income. 


I don't call that raking it in!


taxes

You can claim your adult kids (if you are single) to put you in the head of household category (which is a lower tax bracket) than claiming single. You can't claim married and head of household.   


AND


You have to be able to prove you provided over 50% of their expenses, such a rent, food, utilities.  If they have a job and are working you can't claim them unless you can still prove what you are paying for them is over 50% of their expenses.  So basically they have to have a really lousy job or no job at all or be working spoiled brats!  Mine have fit into all of those categories at one time or another. 


She's paying for it
You can be sure she is paying for the extra attention. Also, the hospital likely insisted that all that security be provided, not because they are necessarly worried about Britney but about people trying to get near her. The last thing they want is for her to get harmed while she's in their institution.

Usually if there is a VIP patient, they don't keep the chart all in one place - they parse it out in 3 or more different locations under lock and key.

Britney has always gotten that kind of treatment - when she was in Mousekeeters, everyone had to leave the gym where she worked out when she came for her exercise. Britney is a little snot, always has been even as a young teenager - turns on the sweetness for the cameras. Millions of people have bought her act.

However, I do feel for her in her present situation and hope she can turn her life around now.
Indiana taxes
A family I know in Fort Wayne area had taxes double this year since annex of Allen County to Fort Wayne. What can I say, welcome to my world in New Jersey (12,000 for property taxes in a townhouse with no backyard)
I agree wth what you said about taxes

I loved what that professor said on the show about Hurricaine Katrina.  Of course we didn't see who could pay before we rescued them.  We just needed to help them in a time of natural disaster, and the professor pointed out that if a woman gets breast cancer that IS a natural disaster to her.  I don't think she should have a better chance for survival if she is a rich American versus a poor or middle-class American.


If we can afford the very expensive war we have been in for the last 5 years I think we can afford better healthcare for US citizens.  I feel like although it is important to be safe from terrorists, the most likely threat in many of our lives isn't a terrorist's bomb; I think it is a disease that will cost us hundreds of thousands of dollars in medical bills that we may or may not be able to pay.  I think many Americans die each year because they cannot afford the lifesaving treatment they need to save their own lives, and that is tragedy in my book.


When you file your taxes
NM
Churches should pay Taxes?
My question Do yall think Churches should pay Taxes? I see and hear a lot about some of these well to do Pastors driving MERCEDES and living in fine homes!I personally believe they should why are they exempt?

At least you own property to pay taxes on -
I don't have my own pot to p__s in or window to throw it out of. I was totally depending on that refund to help pay down my gas credit cards.
are your taxes and insurance in with
the house note? By the time you have to pay for these out of pocket, will you realize much difference; I'd say keep paying your house notes and work on the other stuff; just my thinking. DO NOT TOUCH THE 401K; you will be horribly taxed on it as income. Actually, you guys are not that bad off debt-wise, know it's crowded, but you can survive for awhile yet and may another addition to the house would be feasible later; sounds charming, I love rock houses. If you have land, I'd say hold onto this deal, land's getting harder and harder to come by. For sure you don't have homeowner's agency to contend with. This will get better; just keep on keeping on. Good luck.
So how do you know they didn't pay taxes?

Some people on SS file because they make money on the side, or they also have things that give them interest income.


Are you against SS recipients getting money back? After all, those on SS paid in as long as they worked how many years, and they do deserve it. SS doesn't give eough to live on unless you made a fortune in your earlier years. I don't know anyone who can survive on just SS.


What do you do if you owe taxes this year but
Pay part of it?  Do they have payment options?
Me again, tell you what I did about paying a bill for a dog
like I said above, huge animal lover. I have 3 furkids but a friend of mine whose son is a druggie, was not seeing about his dog. The dog needed an operation for a growth on his foot. I paid over $1000.00 for that and now I buy my newly adopted doggie its medicine each month. I never give my friend money because want the money to go for the doggie, not drugs for her kid but you can believe I am seeing the doggie is comfy!
Okay, I don't mind paying
to make sure everything is in order! Thanks for all the advice!
...paying for it himself out of his PT job earnings. nm
s
paying for college
I have two sons in college right now ...one out-of-state, one in a private university.  They both end up getting paid to go to school because they have so many scholorships.  Did the high school counselor help me find any....NO. We are in a small town and I got no help from the school or town. Neither one of my sons played any sports...but I will tell you what I found out...what is more important is that your child is involved in school and the community.  They don't care if they  have ever worked a day in their life...they want to know what they have done in school grade wise, and community wise. Even just ringing the bells for the Salvation Army at Chrismtas time will earn you a scholorship. I filled out over 56 scholorships for both my sons to go to school for free...you just have to learn as you go how to word answers on the scholorships.  We are not poor but we are not rich...but we made to much money to get any FAFSA help.
paying off bills
In our case, we refinanced through someone in our church who had a refinance company.  It included all our credit cards and no, we did not have to cut them up.  We still have them and DO NOT EVER USE THEM.  It also included paying off our cars.  The reason we had so much debt is because I wasn't able to get enough work at that time, now it is great and I can only say we pray and God has blessed us above measure, more than we deserve.
paying off bills
BTW we also pay an extra $100 each month on our mortgage.  Years ago someone told us to do that and were never able to until now.  Yes, I work hard, but we are doing great and even eat out once or twice a wk and sometimes more.  This friend in our church also agreed paying the extra $100 a month.  I have heard other fincance people on the Christian radio station saying the same thing, so it does make sense.  You pay the extra amount on the principal only.
paying bills
x
Same here paying bills - NM
NM
I am not against paying for your child's
but I have no intention of doing that for my own children. There are so many kids out there who have everything handed to them. I believe it will teach my children the value of a dollar and the value of their education if they pay for it themselves or with scholarships and hard work. I do encourage them to keep their grades up and will encourage them to apply for scholarships, grants, etc. I think either parent should have to foot the bill for college. If they want to, great; if not, I don't believe the court system should get involved.
Wow if you & hubs are paying that much
in taxes and didn't qualify for stimulus check (because you make too much?), ya'll must be rakin' it in!! Don't think you deserve much sympathy either, right? I know you we're asking for it, but seems a little harsh to kick someone when they're down...
Paying down debt

It is getting harder to make ends meet because of all the straws in our bank account.  I have 17k in CC dept alone.  It is with 4 different CC companies.   One CC has $200, #2  has about 4K, #3 has about 2K, #4 has 10k.  The 10K one has a 15 % APR, the others I believe range from 24% to 29% APR.  My biggest monthly payment is my house and I owe only  $4700 on it and it has 6.3% APR.  I sold some things and am getting $5K and that will be enough to pay off my house.   I would love to finally, officialy own this house and get rid of that $350 monthly pmt,  but I wonder if I should not pay down on the CC because of the high interest rates.  Any opinions.  TIA. 


 


Paying Down Debt
I feel you, believe me.  First, Bravo to you for facing this.  That's the hardest part.  I think if you are so close to paying off your house, you wouldn't want to take out yet another loan against it.  Additionally, the interest rates aren't that great.  What is the total of payments you are making on your credit cards?    If you can slap that 5000.00 on your debt first on all of the higher interest ones perhaps paying some of them off.  That will free up extra money to put on the rest of your credit cards.  Then once the credit cards are paid off, you can then work on the mortgage (I WISH I had your mortgage..).  Also we work in an industry where it is easy to pick up extra work---have you thought of that just to get extra money to pay off the debt?  That's what I'm trying to do.  Things are just so bad right now.  Good luck, hope this helps...
Forgot to add - what about them paying
for their part of the cell phone bill as well as insurance on their vehicle?
How tough is it to track taxes
Have a job offer but am worried about going IC.
What are you talking about. I work and pay taxes.
p
Selling house, how much taxes will I owe?
Never lived at this property, got in my name about 6 years ago, never had it appraised, the person living there before also did not. My question is how much will I owe on taxes, say on a percentage basis, according to what it sells for? How do I go about figuring this out? Thanks.
That $6K a month I presume is before taxes - sm
if so, I highly doubt you can afford such an expensive house. My DH makes $70K, I make about $15K; even with the 2 incomes it gets tight, and our mortgage is only $1K a month. However we put about $800 a month into a 401K plan, another $210 a month into a college fund/plan with the state, another $150 a month for our life insurance; what is left to pay bills/buy food after the mortgage is about $1500. Believe me it goes fast. Taxes take a huge chunk, and no we do not get a big refund, maybe $1200 if we are lucky; owed this year for the first time in years. If you can I'd max out at $300K on a house. I am looking forward to when ours is paid off, which will be in about 6 years at the most (10 year mortgage); we also try to make extra principal payments when we can. This is w/o car payments too, can't imagine how we would do it if we had that too; guess I'd work more, the kids would have less stuff which would be a good thing and we'd eat more frugally. Babies are expensive, diapers, formula (not all women can breastfeed or want to), daycare presuming your wife goes back to work if not, then there is no way you can make your mortgage on $2K a month, daycare would be $500 a month probably. What if one of you loses their job, any plan for that? I would want a little less stress myself if I were buying a home with a baby on the way. Find something more affordable, sure it won't have all the bells and whistles but do you really need all that? Remember to ask yourself if you need it or want it. Big difference.
Must be he owes back taxes or is
wanted for some other crime that worse than $200,00 is good!
Property taxes...oh my goodnes!!

Our area and I think much of the state were being reassessed this year.  The first tip was when my husband read in the paper that our particular county did an outstanding job with their assessment and should be an example for the rest of the state.  My husband called today to see when we would could be expecting our tax bill and was told they could give us the amount, did he want them too.  He told them he really wasn't sure he wanted to hear it!!   OK - this marvelous job that our county did was -------- a 60% increase.  Can you believe it?????  And we do not live in an extravagent area at all!  We have to come up with an extra $1900 in three months!  Piece of cake! 


I fear America is in for tough days ahead.  Our society in general cannot keep up with the increases that we see on every hand.  Milk - Close to $4 a gallon here.  Gas price increases - and we live 30 miles away from anything, work, church, shopping.  Cheese - $7 for a pound of cheese! 


How can we continue on this pathway when our incomes do not increase at the same rate?  Can't our congress people and senators see the predicament we are in?? 


Another issue along the same line - I'm wishing today that I was on Welfare.  If I was on Welfare, I would have no problem running to the eye doctor because I desparately need my lenses changed in my glasses which are at least three years old.  My son needs to go to the doctor for an infected, ingrown toenail - no money so he endures it.  My daughter needs a graft on the gum line of her teeth where here gumline is beginning to expose the root of the tooth - again no money for that so it won't get done.  I could go on and on - but I'm paying for all the Welfare people to go to the doctor for their sniffles.  Yes - I have insurance that we would be covered for a major medical expense, cancer, etc - but there is $3000 deductible so none of these smaller things are covered.


OK - I'm totally overwhelmed with these issues right now and I know that I am not the only one with these issues.  Thanks for the listening ear and the wonderful sounding board that you all are!!!


When you are sinking in this deep pit - it hard to remember and to comprehend that "MY GOD SHALL SUPPLY ALL YOUR NEEDS ACCORDING TO HIS RICHES IN GLORY."  I'm sure He will do that because He never fails.  I'm anxious to see how he supplies that need.


You talk like the only ones involved with big taxes
My father got killed in an accident, left me his property, I sold and for upcoming year MY taxes on that ALONE over $13,000.00. I did not fuss, I did not oh woe me- just put that money in the bank to draw interest until tax time. Know I owe and have that set aside. That does not count all the other taxes DH and I pay for the year and I sound like a grinch? Sure don’t get that remark. I am as much into keeping all that I can but EVERYONE (unless on welfare) has to pay their share, until and if they change the laws. I would be glad for any bonus he or I either one got but not happening here, so where does grinch come in?
We pay property taxes in KY on car tags. (nm)
x
SKIING! Taxes done or still procrastinating?
.
Taxes done. Mountains or Ocean?
.
you should only get money back if you pay taxes.nm
nm
Don't do your taxes with Turbotax on line.

I was having problems getting my return to e-file and called customer service for a refund and guess what, customer service is in filthy stinking India.  Do not give your business to a company who sends not only jobs but OUR FEDERAL TAX INFO to India!  I will never use them again. 


You are not paying for a thing that does not benefit you, obviously.
x
Remember you are paying him big bucks
My nephew is a mortgage broker and they make good money -- put in a lot of time but that 1 to 3% loan initiation fee can be quite steep.  It is not like they are doing a favor for you so speak up.  Go above his head ask to talk with a supervisor, anything.  Be nice about it but remember you are paying him a lot of money and so he is working for you and so speak up.  You don't have to be nasty but tell him your concerns and ask that you speak to his supervisor.   Good luck.