Tax $eason 2014

Atlrocafella

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I always used taxslayer to do my returns. Maybe I'll try turbotax. I was gonna try H&R block because my cousin said they got him a big ass return. I'm gonna probably go and see how much they can get me, and than try and do it myself.
 

Romey Rome

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Anybody got a turbo tax link or walk through I wanna try to do it myself this year but I don't know anything about anything
 

Rayzah

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Question. 2013 was my 2nd year working full time and when I did my taxes I owed money to the state of nearly $900... That's deductible right?

Also, I went back to school for my Masters and I took $5k out last semester in student loan, how does this work for taxes?

You get a tuition credit if you are enrolled in school atleast part time, and no you cant right off that money you payed the state. If you owed it was due to you not paying enough taxes during the year.
One of you tax folks, what's the best online calculator for withholdings?
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http://www.softpedia.com/progScreen...-Withholding-Calculator-Screenshot-92012.html


*edit**
4JBwJVI.png


this app will let you calculate expenses
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Romey Rome

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You get a tuition credit if you are enrolled in school atleast part time, and no you cant right off that money you payed the state. If you owed it was due to you not paying enough taxes during the year.

RJaHFKM.png


this app will let you calculate expenses
LIRHrh8.png
What's that first picture about. What are the rates for do they dictate how much u get back ?
 

Rayzah

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I always used taxslayer to do my returns. Maybe I'll try turbotax. I was gonna try H&R block because my cousin said they got him a big ass return. I'm gonna probably go and see how much they can get me, and than try and do it myself.
returns vary depending on the persons situation. He probably has something helping him like ,tuition, kids, a house, or a business, also it depends on how much taxes were deducted from you last year. So unless you have a similar situation as him I would not expect the same refund
 

Rayzah

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What's that first picture about. What are the rates for do they dictate how much u get back ?
4JBwJVI.png


It shows how much you tax is based on your salary, the lower the tax the more money you can get back
 

The_Sheff

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Just adjust your exemptions. If you're getting back a lot of money at the end of the year you're probably getting too much withheld from your paycheck so just increase the amount of exemptions you take.

Yeah thats the smart thing to do but i like to :stylin: come mid February, so im keeping it as is.
 
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:sadcam:Man i been doing my taxes on my own for about 5 years. But this year im thinking of having a professional do it for me.

I think i might have to pay this year. Basically i got 25,000 that went untaxed the last half of the year, and 15, 000 that was taxed. How much yall think ima end up having to pay back? Dont scare me brehs:to:

I usually get back like 1500. Single. No Kids. But ill gladly taking nothing back, if i dont have to pay nothing back lol.
 

Rawtid

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Yeah thats the smart thing to do but i like to :stylin: come mid February, so im keeping it as is.
You could toss the difference every week in a savings account and do the same thing mid February. Discipline!
 
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