How Much Tax Refund You Expecting This Year?

[VBM]

Refund was $1000 less than last year (only taking home $530 this year (married filing jointly with kids). Salaries did increase but I adjusted my W-4 early last year to incorporate the tax changes, higher salaries, new kid, etc. So I either was REALLY on point with the W-4 (estimating itemized deductions), or I got screwed by the new tax law as well. My overall tax bill was lower though.

 

[the cac mamba]

i got back 200 less, but made about 4 thousand more. turns out he did cut my taxes

 

[Amerikan Melanin]

Got back $7k less but I made 30k less as well.

 

[ReadOneBookAWeek]

Anyone still waiting?

 

[Morethan1]

I haven't begun to file my taxes. I expect to get my regular 800-900 will put the money up for a car or buy a TV for the room

 

[brooklyn_boulevard]

a nice healthy chunk

word to the wise... in 2018..open an LLC...save your receipts...and claim those against your wages

Even flights and bills bro?

 

[brooklyn_boulevard]

a nice healthy chunk

word to the wise... in 2018..open an LLC...save your receipts...and claim those against your wages

Even flights and bills bro?

 

[TL15]

Even flights and bills bro?

depends which ones. PM me () if you want to really talk

 

[brooklyn_boulevard]

depends which ones. PM me () if you want to really talk

Done

 

[winb83]

Back of the napkin math says I'll be getting back about $534. That's life when you got no kids or wife so you get none of those extra deductions. You end up paying every damn thing required with no outs.

 

[sayyestothis]

Might owe. If so max my hsa and see what happens. Never had this type of w2

 

[The_Unchosen_One]

Already filed, no kids, getting $7k back

Greedy b*stards took $17k out of my severance pay in July and only giving 7 back

 

[RareAirBorne]

For the first time in years, I won't be owing something serious after being able to change the tax withholding on my bonuses and itemize deductions. I'm not getting much back either, which is great but I guess it should be easy as a single person with no kids/dependents

 

[winb83]

Already filed, no kids, getting $7k back

Greedy b*stards took $17k out of my severance pay in July and only giving 7 back

All I get is the standard deduction and a reduction in income due to 401K contributions. Then I have to pay back whatever dividend income I got from my investments which approaches about $1000 annually right now. Unless you pull off some wild itemized or other deductions getting $7K back is crazy. Why overpay like that?

For the first time in years, I won't be owing something serious after being able to change the tax withholding on my bonuses and itemize deductions. I'm not getting much back either, which is great but I guess it should be easy as a single person with no kids/dependents

I usually get back a few hundred federal and I almost always owe the state about $10-$50.

 

[chineebai]

Probably owe money.