How did your income tax filing go?

[Steeltime]

Not being a jackass but to be honest...you're paying $7500 in Social Security and your company is paying the other half like everyone else who works for a business. It's just that you are being paid by your own company. The personal cap this year is around $7,500.00 I believe.

Apparently, you think it's not a big deal since "my company" pays half of the $15,000 but you are wrong. I am paying the money. I am the company, every goddam dime comes from my work, and every nickel is out of my company's pocket, i.e., my pocket.

So yes, I am paying $15,000 per year in social security tax, and have done so for the past 10 years.

$150,000 in social security taxes - not income tax, mind you, just social freaking security taxes - in 10 years.

 

[ark steel]

Apparently, you think it's not a big deal since "my company" pays half of the $15,000 but you are wrong. I am paying the money. I am the company, every goddam dime comes from my work, and every nickel is out of my company's pocket, i.e., my pocket.

So yes, I am paying $15,000 per year in social security tax, and have done so for the past 10 years.

$150,000 in social security taxes - not income tax, mind you, just social freaking security taxes - in 10 years.

Not to mention that "the company pays half" is a shell game to convince employees that losing 12.4% of their income isn't a big deal. I'd rather my company pay zero, I pay 6.2%, cut my benefits in half and let my company pay me 6.2% more in salary. But I am a racist *******.

 

[Steeltime]

Not to mention that "the company pays half" is a shell game to convince employees that losing 12.4% of their income isn't a big deal. I'd rather my company pay zero, I pay 6.2%, cut my benefits in half and let my company pay me 6.2% more in salary. But I am a racist *******.

How long have you hated retired people, particularly minority retirees?

 

[Superman]

ark is so full of hate that he bites himself and spits on his mirror.

 

[DBS1970]

The thing that makes me the most angry about paying in to SSI is knowing that its already bankrupt and the money we are paying is going down a hole and most likely I will never see a dime of it in the future. Its supporting my parents though.

 

[ark steel]

ark is so full of hate that he bites himself and spits on his mirror.

if you saw what I see in the mirror, you would spit, too.

 

[Yinzerlyn]

Turbo tax told me "No"

I pissed around and didn't prepare, so had to take the quick route. I figured I could research a couple of issues and amend if I need to do so.

Keep in mind, I'm not talking about claiming as a dependent as I can still do that. It is the Child Tax Credit ($1,000?) that goes away.

Yeah I know. At first I had those confused as well. But it is the credit that we don't get since kiddo is 18 now. BOHICA.

 

[Steelerfan]

Wait, taxes are due already? I better get started.

 

[Tim Steelersfan]

well I live in glorious Maryland so I get to pay 43% of every months bonus. then I file quarterly tax with both fed and state. so you would figure I get back or break even right?

I owed the fed $7234 and the state $2145.

I write off everything I can possibly write off. I can t complain to much I make good money, but seriously over 81k given to the fed through out the year... and then to turn around and write another check for $7234. Ouch.

I'm with you. I felt fortunate. I too live in MD. I paid around $7,500 for both Federal and State. I felt blessed this year. In years past, I owed $24K in taxes...after what they'd already siphoned off of me. It's painful. Very, very painful.

And people wonder why I have a problem with illegal aliens. *Sigh*. Just be legal and pay your fair share too. Thanks.

Carry on.

 

[Rod Farva]

Wait, taxes are due already? I better get started.

Take your time. They're pretty understanding and easy to work with at the IRS.