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Old 06-18-2010, 12:53 PM
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IF you expect to owe taxes they will require you to pay quarterly. If (after deductions, mortgage, children, etc) you break even you can file at the end of the year.

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Old 06-18-2010, 01:31 PM
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IF you expect to owe taxes they will require you to pay quarterly. If (after deductions, mortgage, children, etc) you break even you can file at the end of the year.
id love to know how to break even.

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Old 06-19-2010, 09:56 AM
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id love to know how to break even.
Easy, don't make much money...

There were a few years were I made under $40K and actually got a check from the IRS (because of kids, HOH and deductions)

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Old 06-24-2010, 08:58 PM
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Easy, don't make much money...

There were a few years were I made under $40K and actually got a check from the IRS (because of kids, HOH and deductions)
I've been trying that, working 40 hours per month for $3800/month for the last 6 months plus my Navy retirement of $4010.00 per month.
Just signed the paper work today for the rest of the year. My gross income will be very close to $154,000.00 this year. Last year I was was unemployed for six months and was actually happy

I paid off my mortgage but have a very small home equity loan, no other deductions right now. Guess it's time to talk to TA 70's tax man or find myself one. Time to make a trip home to N.Y. and talk to some of my Jew Lawyer friends

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Old 06-24-2010, 09:02 PM
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I've been trying that, working 40 hours per month for $3800/month for the last 6 months plus my Navy retirement of $4010.00 per month.
Just signed the paper work today for the rest of the year. My gross income will be very close to $154,000.00 this year. Last year I was was unemployed for six months and was actually happy

I paid off my mortgage but have a very small home equity loan, no other deductions right now. Guess it's time to talk to TA 70's tax man or find myself one. Time to make a trip home to N.Y. and talk to some of my Jew Lawyer friends


Are you bragging.....?

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