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What's everyone doing with their income taxes?

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Old 02-11-2008, 03:24 PM
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Default Re: What's everyone doing with their income taxes?

Originally Posted by crazzylegs
those are the new casting hi ports right?
yup. im thinking they'll help pick the car up... especially since i was using 205cc afr's and a vic jr intake. not to mention the fact that the car was leaning out on top end
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Old 02-11-2008, 08:22 PM
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Default Re: What's everyone doing with their income taxes?

it'll be my first time filing and i'll be doing it myself... considering i've pulled 3-day study benders nearly every other week for the past year to get A's in tax accounting classes.

if i get a decent return, it'll go towards either new wheels/tires, exhaust, cobb ap, or an a/v unit for the car. or some good bourbon.
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Old 02-12-2008, 06:36 PM
  #63  
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Default Re: What's everyone doing with their income taxes?

Originally Posted by Nic
you bought it
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Old 02-12-2008, 06:37 PM
  #64  
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Default Re: What's everyone doing with their income taxes?

Originally Posted by HighPSI TSi Guy
I usually end up owing about $100
I dont know how it works,but how do you end up owing money,if they took money from you to begin with?
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Old 02-12-2008, 07:27 PM
  #65  
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Default Re: What's everyone doing with their income taxes?

if they didn't take "enough" in the first place, you end up owing.

edit: and if I have anything left after I pay bills, I'm gonna get some struts and springs.
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Old 02-13-2008, 04:03 AM
  #66  
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Default Re: What's everyone doing with their income taxes?

Originally Posted by madsteez
I dont know how it works,but how do you end up owing money,if they took money from you to begin with?
You adjust your exeptions. I have 1 exemption but file single so I tend to owe money. I rather take that extra money I see every payday and save it or invest it instead of getting a ton of it back interest free from the gov't
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Old 02-13-2008, 04:08 AM
  #67  
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Default Re: What's everyone doing with their income taxes?

paying off BFMIC, and buying a CAI. paying off bill(s)
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Old 02-13-2008, 05:15 AM
  #68  
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Default Re: What's everyone doing with their income taxes?

Originally Posted by fatboyee
yup. im thinking they'll help pick the car up... especially since i was using 205cc afr's and a vic jr intake. not to mention the fact that the car was leaning out on top end
thats a really nice set of heads!
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Old 02-13-2008, 10:35 AM
  #69  
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Default Re: What's everyone doing with their income taxes?

Originally Posted by madsteez
I dont know how it works,but how do you end up owing money,if they took money from you to begin with?
pretty much if the fica and whatever else portions that was taken out of your paycheck is greater than the amount you have to pay (your gross income after exemptions and adjustments and credits at whatever tax rate you qualify).
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