It's Tax Season Brehs...How's That Return Looking?

[Chill]

$2700

 

[KillerB88]

I don't get money back.

 

[BantuKnotz99]

is it better to have a tax preparer or just use turbo tax. there's a woman in my area that be getting ppl 5-9 grand back on their taxes.

 

[Jesus]

00 did I play myself .? W2**

That sounds about right...0 and making 50k you shouldn't expect much back. Unless you were putting some in a 401K or retirement that would have lowered your taxable income.

is it better to have a tax preparer or just use turbo tax. there's a woman in my area that be getting ppl 5-9 grand back on their taxes.

Bullshyt....either they are really poor or they make 6 figures and pay alot of taxes...nikkas will mostly likely be audited on some BS. Do your own taxes...unless you own some properties or multiple businesses.

 

[Mr.Plan B]

How do I get the student credit?

 

[CASHAPP]

That sounds about right...0 and making 50k you shouldn't expect much back. Unless you were putting some in a 401K or retirement that would have lowered your taxable income.



Bullshyt....either they are really poor or they make 6 figures and pay alot of taxes...nikkas will mostly likely be audited on some BS. Do your own taxes...unless you own some properties or multiple businesses.

I havent gotten my W2 for it yet but at my job last year i only made say $8000 minimum the entire year

But i know my federal withholding will be low.

So do you have a general idea of how much i would get back?

im gonna claim my sister but im talking about before i claim her like for me myself


For the same job in 2015, i started working there in the middle of October and then from that time to December 2015....my federal withhold came to only $39 but i got back $900 plus dollars so it makes me think this 2016 year its gonna be alot more if that was just 3 months

 

[Jesus]

I havent gotten my W2 for it yet but at my job last year i only made say $8000 minimum the entire year

But i know my federal withholding will be low.

So do you have a general idea of how much i would get back?

im gonna claim my sister but im talking about before i claim her like for me myself


For the same job in 2015, i started working there in the middle of October and then from that time to December 2015....my federal withhold came to only $39 but i got back $900 plus dollars so it makes me think this 2016 year its gonna be alot more if that was just 3 months

If you made less than 10k you're not obligated to file taxes...I would though if you see they took any out for federal or state. If you made that little might be better for someone in your family that made over 10k to claim her for max benefits.

 

[CASHAPP]

If you made less than 10k you're not obligated to file taxes...I would though if you see they took any out for federal or state. If you made that little might be better for someone in your family that made over 10k to claim her for max benefits.

Cant get into details but im the only one who can. Plus only my immediate family lives with us or around us and im the only one who can do it..

But breh!! do you have any general idea of what I will get back?

no other sources of income...just my W2

 

[Jesus]

Cant get into details but im the only one who can. Plus only my immediate family lives with us or around us and im the only one who can do it..

But breh!! do you have any general idea of what I will get back?

no other sources of income...just my W2

You don't have the exact income you received this year and the exact number you had withheld for tax?

 

[CASHAPP]

You don't have the exact income you received this year and the exact number you had withheld for tax?

No i didnt get the W2 yet for the job.

But if i got $40 witheld from october 2015 to december 2015 and still got about 900...

im assuming that it must be a MINIMUM of $300 withheld. Idk...i would say 300 minimum but less than $1000

Exact income would be between $8000 and $9000

 

[Freedman]

How do I get the student credit?

If your in the first 4 years you can qualify for American Opportunity Credit which reduces your tax liability dollar for dollar and up to a 1000 of it is refundable. Your going to need the 1098-T from your school and it should have atleast two boxes filled Amounts billed for tuition and expenses and Scholarships and grants. Your going to want the amounts billed to be higher than the aid you received and if it isn't you can claim some of the Aid as taxable income to receive the full credit but you will have to pay state taxes on the AID

 

[ATearInMyEye]

That sounds about right...0 and making 50k you shouldn't expect much back. Unless you were putting some in a 401K or retirement that would have lowered your taxable income.


.

appreciate the feedback and reply breh. I realized i took 3k out my 401k which is probably why. Usually i get at least a thou back.

 

[GreenGhxst]

Debating If I should do it via turbo tax or pay someone to do it like h and r block or some shyt

Use TurboTax, fukk those stores, they rip you off. I got my return a week later, literally filed last Monday. 3100 bucks richer, use the technology that we have at our disposal

 

[Super Ramon]

Buying a new car . Trying get a coupe

 

[mannyrs13]

Got mine in today, a bit under 1400. Nothing major but I'm a single guy with no kids and no properties so I wasn't getting a huge amount. I do contribute to profit sharing and have a Roth ira so that helped. I'm putting it all towards my car to get that paid off quicker. Once that's paid, then I can look into buying property.