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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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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.
------------------------- add a signature since I'm here in profile anyway |
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02/26/2020 07:36 AM
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02/26/2020 09:38 AM
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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. |
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02/26/2020 10:13 AM
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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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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 |
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02/28/2020 08:35 AM
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I do my taxes on-line with Turbo and pay 0.
------------------------- Dora Hates You |
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02/28/2020 12:45 PM
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salt what was your effective tax rate with past admins?
I guess I better do mine. |
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03/02/2020 01:06 PM
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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 |
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03/02/2020 02:42 PM
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$1o K gone by the ides of April. I'm in the worst of the worst brackets.
Worst for insurance. Worst for taxes. ------------------------- I was right. |
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