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Thread: i just got slapped

  1. #1
    Member rockett's Avatar
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    Default i just got slapped

    ..by the US government, and i'm required to pay $500 in back taxes. what a scam! i don't even have a real job. i'm fuckin 20 years old. not that any of that matters but where do they think i'm gonna get this money from? my ass?

    blah blah.

    so the accountant says "well you can pay it back when you get your tax rebate for $600.--oh but they'll charge you interest if you're late."

    ..oh ok thanks.



    ..like they didn't take out enough cash money from my paychecks.

    hurray!

  2. #2
    Veteran Member jannisary's Avatar
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    Default Re: i just got slapped

    No, you didn't make sure your employer was withholding enough money from your paycheck. The same thing happened to me this year. Totally my fault. I knew having multiple jobs might cause an incorrect withholding but didn't bother to do the w-2 worksheet to figure out how much extra should be taken out.

    Think of it this way, at least you enjoyed the use of that $500 for awhile. I reduced my tax payment by starting an IRA and contributing the maximum amount for 2007 which is $4,000. But if you're worrying about coming up with $500 then I suppose an IRA isn't an option.

    Perhaps you can file for an extension.

    I'd rather have to pay a bit in at the end of the year. A big refund just means I paid too much in and let the government use my money interest free.

  3. #3
    Member rockett's Avatar
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    Default Re: i just got slapped

    hm. i see

    i should start taking those w-2 forms a little bit more seriously..

    i had an idea that some of it might have been my fault.

    blah whatever

    just gotta pay up ya know.

  4. #4
    Kaylinn
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    Default Re: i just got slapped

    i should start taking those w-2 forms a little bit more seriously
    Lol. I think I heard this in a movie:

    There's 3 people you shouldn't fuck with. The I. The R. and the S.

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    Member rockett's Avatar
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    Default Re: i just got slapped

    set it off!

    lol.

    classic

  6. #6
    Kaylinn
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    Default Re: i just got slapped

    Was that from Set it off?
    That used to be my favorite movie.
    I still have it somewhere, lol. I should watch it.

  7. #7
    Member rockett's Avatar
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    Default Re: i just got slapped

    totally

    the janitor boss dude said it

    what a tear jerker..


  8. #8
    Featured Member greggy's Avatar
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    Default Re: i just got slapped

    love that movie

    Anyway, I'm in no way any type of tax expert, but after experiencing that a few years in a row, I finally figured out that on my W-4 form, I should be a 0 and not a 1. more money is taken out of my check, but then i don't owe anything later. you can always change your filing status at work by filling out a new W-4 form.

    On top of that, which not many people will agree with, i have an additional $10/wk deducted from my pay. I suck at saving money on my own, so that helps me to do it since I get it back when I file.

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    God/dess threlayer's Avatar
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    Default Re: i just got slapped

    An extension is not a delay in paying tax without penalties. you have to pay be April 15, but you can file the accurate return later. You will need to make an estimate oo what tax you will owe when you pay next week; an that will be on a federal form, maybe a state tax form too.

    You're gonna have to learn something about taxes if you have income from almost any source. And the more you know, the LESS you will have to pay. Think of it as an education that pays YOU something.
    I loved going to strip clubs; I actually made some friends there. Now things are different for the clubs and for me. As a result I am not as happy.

    Customers are not entitled to grope, disrespect, or rob strippers. This is their job, not their hobby, and they all need income. Clubs are not just some erotic show for guys to view while drinking.

    NOTE: anything I post here, outside of a direct quote, is my opinion only, which I am entitled to. Take it for what you estimate it is worth.

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