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  #1  
Old 04-07-2003, 12:05 PM
Kuan's Avatar
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Join Date: Jan 2001
Location: At the Birkebeiner
Posts: 3,841
Did you get your tax break?

This year I made 900 fewer bucks and paid $1800 less in taxes. That's a $2,700 swing no?

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  #2  
Old 04-07-2003, 02:52 PM
sflori
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I don't know if I got that much of a tax break, but I did make out pretty good, considering.

Here's the short story:

Last Nov I met my tax guy and we figured I'd owe about $12,000 on tax day (I pay annually). So I saved that much up.

In getting ready for the appointment last Thursday, I opened the 1099 from Reuters. It wasn't a 1099, but a check for $2650 that I had merely put into my files three months prior without opening it-- assuming it was the 1099.

After meeting him, my total bill to the Feds was $2200 and the state $700. I must have given him gross numbers last Nov, not taking into account that some of my regular clients take taxes out before sending me a check.

So, I paid my taxes and still have basically $12,000 in my account that I thought I'd have to send to the Feds.

Yeah, I still paid all that money, but it's nice to have saved $12,000 without needing to. Just that much closer to my OWN house.
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  #3  
Old 04-07-2003, 02:56 PM
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Join Date: Jan 2001
Location: At the Birkebeiner
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Wow! That's... pretty awesome! Always nice to have money you thought you never had!
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  #4  
Old 04-07-2003, 02:59 PM
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Join Date: Apr 2001
Location: Dallas/Fort-Worth
Posts: 5,711
Haven't done mine yet!

"I owe....I owe...so it's off to work I go!"

Just delaying the inevitable...owed $4K last year...and things haven't changed much this year.

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