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View Poll Results: What are you getting/owing the government for 2020? | |||
I owe the government > $5000 | 8 | 11.59% | |
I owe the government > $1000 | 10 | 14.49% | |
I owe the government $101-999 | 6 | 8.70% | |
I nailed my withholding EXACTLY +/- $100 because I am a wizard | 3 | 4.35% | |
I loaned the government $101-999 | 7 | 10.14% | |
I loaned the government > $1000 | 14 | 20.29% | |
I loaned the government > $5000 | 21 | 30.43% | |
Voters: 69. You may not vote on this poll |
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02-23-2021, 12:23 PM | #76 | |
Scooby Specialist
Member#: 453
Join Date: Oct 1999
Location: ***23567;***12373;***12356;***
Vehicle:2020 Kia Telluride 2021 Porsche Taycan |
Quote:
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02-23-2021, 12:40 PM | #77 |
Spreadsheet!
Member#: 34694
Join Date: Mar 2003
Vehicle:The creator of "Life's a Beach!" |
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02-23-2021, 01:09 PM | #78 |
NASIOC Supporter
Member#: 246
Join Date: Sep 1999
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Almost had to owe, sold a rental property this year. Haven't filed yet, but sitting at a $240 refund
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02-23-2021, 01:18 PM | #79 | |
Scooby Specialist
Member#: 81549
Join Date: Feb 2005
Chapter/Region:
SCIC
Location: California
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Quote:
Since the IRS knows about that 1099B, I assume it's not really something that would need an audit to uncover and that they'll be looking for that $ eventually with interest and penalties. Why the hell are 1099Bs arriving so goddamn late? |
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02-23-2021, 01:51 PM | #80 |
Scooby Newbie
Member#: 155207
Join Date: Jul 2007
Chapter/Region:
Tri-State
Location: Bad things happen in Philly
Vehicle:2020 MDX 2022 Odyssey |
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02-23-2021, 02:28 PM | #81 | |||
Scooby Guru
Member#: 145105
Join Date: Apr 2007
Chapter/Region:
MAIC
Location: Middle River, Maryland
Vehicle:2015 Honda Accord |
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02-23-2021, 03:22 PM | #82 | |
Scooby Specialist
Member#: 82243
Join Date: Mar 2005
Chapter/Region:
Tri-State
Location: Philly
Vehicle:13' BMW X3 35i |
Quote:
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02-23-2021, 03:28 PM | #83 |
Scooby Specialist
Member#: 52314
Join Date: Jan 2004
Chapter/Region:
South East
Location: Following the green weenie
Vehicle:... 02 and 04 WRXs! 2020 G70 3.3T RWD |
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02-24-2021, 01:06 PM | #84 |
Scooby Newbie
Member#: 185580
Join Date: Jul 2008
Chapter/Region:
Tri-State
Location: the legion of doom
Vehicle:2016 Tundra SR5 CM |
My fed refund appeared in my bank today but the IRS tracker still says it's processing. Not sure what that's about but sweet!
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02-24-2021, 01:11 PM | #85 |
Scooby Newbie
Member#: 155207
Join Date: Jul 2007
Chapter/Region:
Tri-State
Location: Bad things happen in Philly
Vehicle:2020 MDX 2022 Odyssey |
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02-24-2021, 01:53 PM | #86 |
Scooby Guru
Member#: 157348
Join Date: Aug 2007
Location: OOoOuuUUUGGGHH!!!!!
Vehicle:I Thlammed My Penith in the Car Door |
State refund hit today. Just in time to replace all the food I lost not having power for over a week!
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02-24-2021, 02:52 PM | #87 |
Scooby Specialist
Member#: 34670
Join Date: Mar 2003
Chapter/Region:
South East
Vehicle:2016 slowmobile |
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02-24-2021, 03:14 PM | #88 |
Scooby Newbie
Member#: 126425
Join Date: Sep 2006
Chapter/Region:
SWIC
Location: Lake Havasu City, AZ
Vehicle:2021 Forester Sport Grey |
Getting back around $850 from the FED, $40 from AR and I owe AZ like $40. So everything is coming up...Millhouse
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02-24-2021, 04:15 PM | #89 |
Scooby Guru
Member#: 157348
Join Date: Aug 2007
Location: OOoOuuUUUGGGHH!!!!!
Vehicle:I Thlammed My Penith in the Car Door |
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02-24-2021, 07:33 PM | #90 | |
Scooby Specialist
Member#: 34670
Join Date: Mar 2003
Chapter/Region:
South East
Vehicle:2016 slowmobile |
Quote:
Yeah. It's an upcharge for my policy. I could have used it twice in the last 8 years but still not worth the cost. It's almost as if insurance is a numbers game. |
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03-03-2021, 08:02 AM | #91 |
Add Lightness
Moderator Member#: 13699
Join Date: Dec 2001
Chapter/Region:
NESIC
Location: Hopkinton, MA
Vehicle:2021 Building It Better |
CPA called. Getting back $5099 from the feds. Will take five grand in savings bonds. Wife's work with held for Rhode Island (where they're located) and owe us $35 and we owe Mass $101. Lots of changes from last year when we got back fourteen grand. Didn't send in estimated quarterly payments. I got a lot more for selling tradelines. Wife started working full time, but full 401k deduction. Covid gave me a 10% "voluntary" reduction in pay that oddly, nobody ever asked me...they just reduced my pay. Lower bonuses throughout the year. So even with the wife going to full time back in March or so, we made less than last year. The good news in this is that we qualified for some stimulus where we had received zip. Also ok for Roth contributions, so $14k was immediately put into the market.
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03-03-2021, 08:07 AM | #92 | |
Scooby Newbie
Member#: 155207
Join Date: Jul 2007
Chapter/Region:
Tri-State
Location: Bad things happen in Philly
Vehicle:2020 MDX 2022 Odyssey |
Quote:
Thinking I might pay off the Civic. Owe $4,700 @ 3.75%. Oof. |
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03-03-2021, 08:24 AM | #93 |
Scooby Newbie
Member#: 253189
Join Date: Jul 2010
Chapter/Region:
South East
Location: Louisville Ky
Vehicle:2016 SS Black |
Have to send my uncle a check for 7500. Wife under estimated what she’d earn last year as a RE agent, she’ll bump her quarterlies some this year to see if we can get closer to a zero owed next year.
I’m not unhappy cutting that check, oddly. |
03-03-2021, 02:12 PM | #94 |
Scooby Specialist
Member#: 81549
Join Date: Feb 2005
Chapter/Region:
SCIC
Location: California
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I filed with the IRS on 2/18, accepted almost immediately but no refund approved or has hit our account yet. I do know that I need to file an amended return to reduce said refund by ~$200, but that form will not be ready until 3/25.
I got my PIN from the California FTB last week and used their eFile system to file for free. Very easy and straightforward to use. I had my TurboTax state paper (non-filed of course) on the screen for a sanity check at the end. I verified everything line by line, but for some reason TurboTax generates a $1 additional refund vs CA's eFile tool. The only thing I can think of is rounding up versus rounding down. But imagine if you were able to pocket $1 additional from every tax payer... |
03-03-2021, 02:33 PM | #95 | |
Scooby Specialist
Member#: 34670
Join Date: Mar 2003
Chapter/Region:
South East
Vehicle:2016 slowmobile |
Quote:
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03-03-2021, 03:53 PM | #96 |
Scooby Specialist
Member#: 3401
Join Date: Jan 2001
Chapter/Region:
NESIC
Location: NC/SC
Vehicle:2018 BMW M2 Mineral Ghey |
Federal owed - $652
NC refund - $240 SC owed - $17 |
03-04-2021, 08:24 AM | #97 |
Scooby Specialist
Member#: 11571
Join Date: Oct 2001
Chapter/Region:
RMIC
Location: Park City, UT
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Yep, I screwed up taxes. Damn turbotax and a late 1099 finally showed up.
Time to do an amendment |
03-04-2021, 08:51 AM | #98 |
Scooby Guru
Member#: 145105
Join Date: Apr 2007
Chapter/Region:
MAIC
Location: Middle River, Maryland
Vehicle:2015 Honda Accord |
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03-04-2021, 11:31 AM | #99 |
Scooby Specialist
Member#: 491095
Join Date: Sep 2018
Chapter/Region:
SWIC
Location: New Mexico
Vehicle:2009 STi Blue Blue |
Ack...im a little on edge for a ~$5 1099 that showed up late...believe I should be ok except for the fact that I filed early, was accepted on 12FEB an still has not shown up...read through this post to see if others were held up...but looks like no lol
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03-04-2021, 12:38 PM | #100 | ||
Scooby Specialist
Member#: 81549
Join Date: Feb 2005
Chapter/Region:
SCIC
Location: California
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Quote:
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I filed Fed on Feb 18, but no refund authorized or received yet. I checked my IRS transcript today and they don't even show it as filed yet, so there's a significant backlog or they don't like something about mine. Today is day 14, and the tracker cites up to 21 days. I received my CA state refund today, filed through their free eFile tool on Feb 25--so exactly 7 days. |
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