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when you guys tell someone what kinda money you make

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Old Dec 16, 2008 | 10:03 AM
  #91  
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Ok...here is my breakdown...should I change my filing?

Federal exemptions: 0
State exemptions: 0

Federal --> 14.7%
Social Security --> 6%
CA State --> 3.6%
Medicare --> 1.4%
CA SUI/SDI --> 0.7%
403(b) --> 4%


I also take out parking pre-tax and soon a FSA pre-tax. I do 1-2 1099 jobs a year that I have to pay taxes on, so I do allow a chuck taken out to protect me from that...any ideas?
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Old Dec 16, 2008 | 10:16 AM
  #92  
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how much tax return do you get on average?
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Old Dec 16, 2008 | 10:20 AM
  #93  
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Originally Posted by jaymar88
But at least I'm not like samchoon who is in the highest tax bracket. govt ownz you!!!
lolz :chuckles:

Originally Posted by Draconius
Do you believe everything you read on the internet?

I would LOVE to make that much, but yeah...won't be happening
no. thats why i called bullshit dumbass. if i believed it, i'd congratulate u for landing a decent paying job foo.
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Old Dec 16, 2008 | 10:49 AM
  #94  
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Originally Posted by Draconius
Ok...here is my breakdown...should I change my filing?

Federal exemptions: 0
State exemptions: 0

Federal --> 14.7%
Social Security --> 6%
CA State --> 3.6%
Medicare --> 1.4%
CA SUI/SDI --> 0.7%
403(b) --> 4%


I also take out parking pre-tax and soon a FSA pre-tax. I do 1-2 1099 jobs a year that I have to pay taxes on, so I do allow a chuck taken out to protect me from that...any ideas?
http://www.irs.gov/individuals/artic...=96196,00.html
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Old Dec 16, 2008 | 11:12 AM
  #95  
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I get my annual bonus on friday. Taxed at 50% FTL.
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Old Dec 16, 2008 | 11:16 AM
  #96  
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Originally Posted by jaymar88
I get my annual bonus on friday. Taxed at 50% FTL.
We don't get ours for a month or so :down:

AND, they've canned annual raises this year :down::down:
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Old Dec 16, 2008 | 11:23 AM
  #97  
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Originally Posted by jaymar88
I get my annual bonus on friday. Taxed at 50% FTL.
ballin!

my quarterly bonus gets taxed 40% (for all taxes,etc)
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Old Dec 16, 2008 | 12:26 PM
  #98  
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Originally Posted by DakarM
how much tax return do you get on average?
near none. I got $300 from Fed. owed $170 to state.
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Old Dec 16, 2008 | 12:35 PM
  #99  
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I always owe...
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Old Dec 16, 2008 | 12:41 PM
  #100  
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Originally Posted by Draconius
near none. I got $300 from Fed. owed $170 to state.
i probably wouldn't change much. it sounds like your 1099 jobs pretty much offset whatever tax you pay
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Originally Posted by WiLL
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