2018 TAXES
2018 TAXES
I start this thread each year. Given the shutdown, will you be filing later than usual?
https://www.fool.com/taxes/2018/12/10/w ... ckets.aspx
I've begun receiving 1098s, W2x, child care forms.
https://www.fool.com/taxes/2018/12/10/w ... ckets.aspx
I've begun receiving 1098s, W2x, child care forms.
Turns out I might be a little gay. 89Hen 11/7/17
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Re: 2018 TAXES
I will file as soon as they get me all my shit......it sucks waiting on stuff that computers have figured out on 1/1/2019. That said, I've started to get some of my stuff but still missing a few pieces to file. I always withhold more than I need to as I hate to pay but we'll see how this year goes.
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Re: 2018 TAXES
I usually get money back from the state and have to pay the Feds, so my usual routine is complete the whole thing ASAP, file state, then pay the Feds 4/15 or so.
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Re: 2018 TAXES
Ditto.ASUG8 wrote:I usually get money back from the state and have to pay the Feds, so my usual routine is complete the whole thing ASAP, file state, then pay the Feds 4/15 or so.
Got my tax software and have to start playing with some numbers in case I need any last minute deductions.
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Re: 2018 TAXES
The tax lady I use told me theOgden office will be bringing back some people from furlough to process returns.
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Re: 2018 TAXES
I'm not filing until the government re-opens. I get that financially, some people need returns as soon as possible. Fortunately I don't, so I'd rather not add work for people not getting paid.
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Re: 2018 TAXES
I’ll be paying 4/15. Stroking a big check again. Fuck the new tax law. Anyone who owns multiple properties get NO favors from the new tax laws. Trump fucked the 1%’ers....
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Re: 2018 TAXES
My $40k+ "check" has already been written via automatic withholding. I'm hoping it was over, as usual, and I get some of my money back.
But again, I'll need a W2 first, and them bitches are unemployed just like me right now. I think, by law, they still have to cobble together some folks to get it to me by Jan 31. I usually get it before Jan 15. I could really use the money this year.
But again, I'll need a W2 first, and them bitches are unemployed just like me right now. I think, by law, they still have to cobble together some folks to get it to me by Jan 31. I usually get it before Jan 15. I could really use the money this year.
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Re: 2018 TAXES
Are you NOT renting the properties on occasion..?AZGrizFan wrote:I’ll be paying 4/15. Stroking a big check again. Fuck the new tax law. Anyone who owns multiple properties get NO favors from the new tax laws. Trump fucked the 1%’ers....
Jeezus man...
hire a fucking tax lawyer and get that straightened out ASAP
It can get a little convoluted but $25,000 deductions on fixed assets losses and deductions is legit
Last edited by Chizzang on Tue Jan 15, 2019 3:28 pm, edited 1 time in total.
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Re: 2018 TAXES
Just add to the crushing backlog?∞∞∞ wrote:I'm not filing until the government re-opens. I get that financially, some people need returns as soon as possible. Fortunately I don't, so I'd rather not add work for people not getting paid.
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Re: 2018 TAXES
ASUG8 wrote:I usually get money back from the state and have to pay the Feds, so my usual routine is complete the whole thing ASAP, file state, then pay the Feds 4/15 or so.
My household made a little more and owed a little less. Thank you Trump tax cuts.
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Re: 2018 TAXES
Don't tell that to Trip, it fucks with his narrative.AZGrizFan wrote:I’ll be paying 4/15. Stroking a big check again. Fuck the new tax law. Anyone who owns multiple properties get NO favors from the new tax laws. Trump fucked the 1%’ers....
Re: 2018 TAXES
Going out on a limb here, but I'm going to guess you don't live in New York or New Jersey.ASUG8 wrote:I usually get money back from the state ....
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Re: 2018 TAXES
Were you not affected by the SALT tax reform?SDHornet wrote:ASUG8 wrote:I usually get money back from the state and have to pay the Feds, so my usual routine is complete the whole thing ASAP, file state, then pay the Feds 4/15 or so.
My household made a little more and owed a little less. Thank you Trump tax cuts.
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Re: 2018 TAXES
That only applies to white folk.CAA Flagship wrote:Were you not affected by the SALT tax reform?SDHornet wrote:
My household made a little more and owed a little less. Thank you Trump tax cuts.
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Re: 2018 TAXES
Yes. One is rented full-time. Can’t deduct the loss because I make too much (it DOES accumulate so it’ll help in the year that I sell it)....Chizzang wrote:Are you NOT renting the properties on occasion..?AZGrizFan wrote:I’ll be paying 4/15. Stroking a big check again. Fuck the new tax law. Anyone who owns multiple properties get NO favors from the new tax laws. Trump fucked the 1%’ers....
Jeezus man...
hire a fucking tax lawyer and get that straightened out ASAP
It can get a little convoluted but $25,000 deductions on fixed assets losses and deductions is legit
The other is rented on occasion. Can only deduct % based on time rented....and that’s the one with the giant property tax bill (because it’s on a lake) that is completely unwrite-offable, what with the new limit of $10,000 in prop tax deduction. Also fucked me on mortgage interest deduction, with the new cap.
All in all, probably cost me about $45,000 in deductions going forward....
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Re: 2018 TAXES
When my w2 comes in, I will file like normal. Should have it all done by the end of February. I try to get it done as early as possible.
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Re: 2018 TAXES
Damn. Trump IS a racist.SDHornet wrote:That only applies to white folk.CAA Flagship wrote: Were you not affected by the SALT tax reform?
Re: 2018 TAXES
W2 finally posted. Getting ~$4,500 federal return and ~$1,000 Delaware return. That in addition to a bump of around $200/paycheck in 2018 due to the Trump tax cut.
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Re: 2018 TAXES
My CSRS went up and taxes went down, thank you Mr. Trump.
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Re: 2018 TAXES
The SC in my sig isn't for "South Camden".JoltinJoe wrote:Going out on a limb here, but I'm going to guess you don't live in New York or New Jersey.ASUG8 wrote:I usually get money back from the state ....
Re: 2018 TAXES
I don't get why you'd want to loan two governments that kind of cash when you could adjust your withholdings and use your money year round either with debt or as an investment of some sort. If I could net zero I'd be just about right.93henfan wrote:W2 finally posted. Getting ~$4,500 federal return and ~$1,000 Delaware return. That in addition to a bump of around $200/paycheck in 2018 due to the Trump tax cut.
Not a criticism, just a question.
Re: 2018 TAXES
I re-adjusted my W2 last year after I got socked with a huge tax bill (even after paying a boat load). I hope this year I got it closer to $0.ASUG8 wrote:I don't get why you'd want to loan two governments that kind of cash when you could adjust your withholdings and use your money year round either with debt or as an investment of some sort. If I could net zero I'd be just about right.93henfan wrote:W2 finally posted. Getting ~$4,500 federal return and ~$1,000 Delaware return. That in addition to a bump of around $200/paycheck in 2018 due to the Trump tax cut.
Not a criticism, just a question.
Turns out I might be a little gay. 89Hen 11/7/17
Re: 2018 TAXES
Yeah, I was going to invest that money and get rich. I really need to get some specific strategies on that from you.ASUG8 wrote:I don't get why you'd want to loan two governments that kind of cash when you could adjust your withholdings and use your money year round either with debt or as an investment of some sort. If I could net zero I'd be just about right.93henfan wrote:W2 finally posted. Getting ~$4,500 federal return and ~$1,000 Delaware return. That in addition to a bump of around $200/paycheck in 2018 due to the Trump tax cut.
Not a criticism, just a question.
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