Official 2011 Tax Return Thread
#1
it's my D in a B
Thread Starter
Official 2011 Tax Return Thread
How much are you getting and what are you doing with the money?
2011 was the first (and probably the last) year I worked almost exclusively as an independent business (1099-MISC), so I didn't have anybody to withold my taxes from my paychecks. I wasn't sure what to expect since the tax rates are different for independents, so I withheld 1/3 of my income in a savings account and figured that would be good. Turns out it wasnt' a great year for me income-wise, and I ended up saving about $7,000 more than I needed to (so like a self-imposed $7033 tax refund.
I just e-filed yesterday and I've already dropped the SAABaru off for window tint. I'm thinking about getting a roof rack too. And I'm going to start shopping for engagement rings (yes, you read that correctly). Probably some truck parts between now and spring, and the rest will serve to replenish my bombed-out and depleted savings account.
2011 was the first (and probably the last) year I worked almost exclusively as an independent business (1099-MISC), so I didn't have anybody to withold my taxes from my paychecks. I wasn't sure what to expect since the tax rates are different for independents, so I withheld 1/3 of my income in a savings account and figured that would be good. Turns out it wasnt' a great year for me income-wise, and I ended up saving about $7,000 more than I needed to (so like a self-imposed $7033 tax refund.
I just e-filed yesterday and I've already dropped the SAABaru off for window tint. I'm thinking about getting a roof rack too. And I'm going to start shopping for engagement rings (yes, you read that correctly). Probably some truck parts between now and spring, and the rest will serve to replenish my bombed-out and depleted savings account.
#4
Checking it twice
Join Date: May 2002
Location: Twixt Hell/Ann Arbor MI
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Lack of deductions here also, no tuition deduction. We'll be lucky to break even.
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Life is not a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside, thoroughly used up, totally worn out, and loudly proclaiming ...."WOW! What a ride!!!!!"
LUNCH with THEOLDMAN...On a break for now...
Life is not a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside, thoroughly used up, totally worn out, and loudly proclaiming ...."WOW! What a ride!!!!!"
LUNCH with THEOLDMAN...On a break for now...
#7
Pull my finger
Join Date: Apr 2004
Location: Arizona
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Need to play around with mine when the W2s come in. GF and I are debating who should claim our son. We're unmarried... so basically were gonna see who gets more of a return or will benefit from claiming. I make more than her at the moment I think I would benefit more h:
Anyone have experience?
Anyone have experience?