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Topic Title: DIY Taxes
Topic Summary: 2019 -whadcha get?
Created On: 02/26/2020 05:13 AM
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 02/26/2020 05:13 AM
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tom

Posts: 8019
Joined Forum: 07/25/2003

Roll call for tax DIYers? Might as well ask how many surf without a leash. haha. Mine: 2 earner, middle class, kids grown so no extra exemptions, effective tax rate about 11%, calculated as tax (1040 line 16) / gross (line 8b). Not too onerous. And, for the record, when it's relatively small and not crowded, the leash must go.

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add a signature since I'm here in profile anyway
 02/26/2020 07:36 AM
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StirfryMcflurry

Posts: 8746
Joined Forum: 08/17/2016

Originally posted by: tom And, for the record, when it's relatively small and not crowded, the leash must go.
5/5. ^ DIY here. Havn't done mine. I'm too turnt up.:P
 02/26/2020 09:38 AM
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waterrat

Posts: 278
Joined Forum: 05/26/2005

Did mine, but I'm sitting on it since I gotta pay $17.64.
I'll probably go over it again towards the end of March to triple check it.
 02/26/2020 10:13 AM
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scombrid

Posts: 18034
Joined Forum: 07/24/2003

Not yet. We're DINKs. Decent income. Cheap house with low property tax. Standard deduction. Make too much to deduct the loan interest on the Mrs' MASSIVE med school loans. We get hosed pretty good.

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 02/28/2020 08:17 AM
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saltydog73

Posts: 752
Joined Forum: 08/05/2003

Taxes done... single earner, married filing jointly, middle class, 3 child dependents - effective tax rate 0%... thanks Donnie

Edited: 02/28/2020 at 08:17 AM by saltydog73
 02/28/2020 08:35 AM
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dingpatch

Posts: 19081
Joined Forum: 07/24/2003

I do my taxes on-line with Turbo and pay 0.

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Dora Hates You
 02/28/2020 12:45 PM
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Greensleeves

Posts: 20478
Joined Forum: 07/22/2003

salt what was your effective tax rate with past admins?

I guess I better do mine.
 03/02/2020 01:06 PM
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saltydog73

Posts: 752
Joined Forum: 08/05/2003

2018: 2.0%
2017: 1.8%
2016: 1.7%

Total Tax / Taxable Income

I don't have access to 2015 and before digitally... without the 3 kids under 18, these numbers would be way different
 03/02/2020 02:42 PM
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Cole

Posts: 68431
Joined Forum: 07/22/2003

$1o K gone by the ides of April. I'm in the worst of the worst brackets.

Worst for insurance.

Worst for taxes.

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I was right.
FORUMS : NPNR : DIY Taxes

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