How much you get back for your tax return

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  • El Nino
    SBR Posting Legend
    • 05-03-12
    • 18426

    #36
    Originally posted by bracephilosophyy
    lol same thing as me Man 0 single ,house and 1 kid and make about 90 k now will make 110 in a couple more years. It's really a great way to save Cus u don't see the money u get used to ur paychecks and then u get a big 11k return it
    Makes things easier to save and pay down on stuff etc
    Congrats. You could have put $5,500 of that in a roth IRA and hit 18-25% return on it with your eyes closed. Instead, you gave the government an interest free loan. This broken thinking of your tax return as a savings account is what keeps the poor poor.
    Comment
    • gauchojake
      BARRELED IN @ SBR!
      • 09-17-10
      • 34116

      #37
      But he has 11k Nino
      Comment
      • El Nino
        SBR Posting Legend
        • 05-03-12
        • 18426

        #38
        Originally posted by gauchojake
        But he has 11k Nino
        And paying down debt after it's accumulated interest for an entire year.
        Comment
        • bracephilosophyy
          SBR Sharp
          • 02-27-18
          • 299

          #39
          You guys are all wrong and dumb it's no wonder why nooone on sbr makes over 100k a year. Im 28 and make 90 without ot right now and my top salary is 110,000 without ot in a couple more years. Also have a house that I built which cost 475,000 and I got it for 212,000 Through a first time home buyer program so who really is winning? That's right I am
          Comment
          • gauchojake
            BARRELED IN @ SBR!
            • 09-17-10
            • 34116

            #40
            Nino every year you can present irrefutable evidence that a refund is bad and every year people will cheer the fact that they are getting a refund.
            Comment
            • gauchojake
              BARRELED IN @ SBR!
              • 09-17-10
              • 34116

              #41
              Bro you lent the govt over 10% of your income for free.
              Comment
              • El Nino
                SBR Posting Legend
                • 05-03-12
                • 18426

                #42
                Originally posted by bracephilosophyy
                You guys are all wrong and dumb it's no wonder why nooone on sbr makes over 100k a year. Im 28 and make 90 without ot right now and my top salary is 110,000 without ot in a couple more years. Also have a house that I built which cost 475,000 and I got it for 212,000 Through a first time home buyer program so who really is winning? That's right I am
                Loan me $11,000. Next April, I will pay you back...$11,000. Then, you will have...wait for it...$11,000!!! And, you won't have that $11,000 to spend, and you can pay off some debt next April. Sounds like a winning proposition, yes?!
                Comment
                • bracephilosophyy
                  SBR Sharp
                  • 02-27-18
                  • 299

                  #43
                  Originally posted by gauchojake
                  Bro you lent the govt over 10% of your income for free.
                  Bro I got back 11k i don't live paycheck to paycheck like the brokedik fuks here on sbr who need every penny
                  Comment
                  • gauchojake
                    BARRELED IN @ SBR!
                    • 09-17-10
                    • 34116

                    #44
                    Up your exemptions, take 900/mo and put it in an IRA. I know you're 28 and YOLO and all that but trust me, it's good advice. You take that 11k + your 900/mo and in 22 years you have over 500k.
                    Comment
                    • Drydin
                      SBR High Roller
                      • 03-30-17
                      • 190

                      #45
                      Bro I got back 11k i don't live paycheck to paycheck like the brokedik fuks here on sbr who need every penny
                      You understand that with all your post you are just saying , that you can't control yourself and must use overpaying all year so you have something at then end to show for it. Instead you could just use that money all year long invest properly and have even more profit?
                      Comment
                      • bracephilosophyy
                        SBR Sharp
                        • 02-27-18
                        • 299

                        #46
                        Originally posted by Drydin
                        You understand that with all your post you are just saying , that you can't control yourself and must use overpaying all year so you have something at then end to show for it. Instead you could just use that money all year long invest properly and have even more profit?
                        I already do invest so what's your point
                        Comment
                        • bracephilosophyy
                          SBR Sharp
                          • 02-27-18
                          • 299

                          #47
                          Originally posted by El Nino
                          Congrats. You could have put $5,500 of that in a roth IRA and hit 18-25% return on it with your eyes closed. Instead, you gave the government an interest free loan. This broken thinking of your tax return as a savings account is what keeps the poor poor.
                          Already max out Roth IRA. Keep living paycheck to paycheck SBR community
                          Comment
                          • pilebuck13
                            SBR Posting Legend
                            • 05-15-15
                            • 17918

                            #48
                            Some people can’t control there finances who cares lol....so people literally need the government to hold their money hostage and give it back to them lol who cares
                            Comment
                            • 5918mike
                              SBR MVP
                              • 04-16-14
                              • 1887

                              #49
                              Originally posted by bracephilosophyy
                              Bro I got back 11k i don't live paycheck to paycheck like the brokedik fuks here on sbr who need every penny
                              They just gave you your money back, you overpaid! You could have had that money all year and had more, what part of that isn't better?
                              Comment
                              • bracephilosophyy
                                SBR Sharp
                                • 02-27-18
                                • 299

                                #50
                                Originally posted by pilebuck13
                                Some people can’t control there finances who cares lol....so people literally need the government to hold their money hostage and give it back to them lol who cares
                                So you're on a gambling website which means you can't control your losing sports wagers
                                Comment
                                • bracephilosophyy
                                  SBR Sharp
                                  • 02-27-18
                                  • 299

                                  #51
                                  Originally posted by 5918mike
                                  They just gave you your money back, you overpaid! You could have had that money all year and had more, what part of that isn't better?
                                  And you could of had your money all year but you wasted it gambling all year
                                  Comment
                                  • RudyRuetigger
                                    SBR Aristocracy
                                    • 08-24-10
                                    • 65084

                                    #52
                                    Originally posted by RudyRuetigger
                                    you will learn

                                    democrats get tax credits

                                    the sharp republicans OWE

                                    try better next year
                                    i usually win threads EARLY
                                    Comment
                                    • 5918mike
                                      SBR MVP
                                      • 04-16-14
                                      • 1887

                                      #53
                                      Originally posted by bracephilosophyy
                                      And you could of had your money all year but you wasted it gambling all year
                                      Ah, deflection because you are wrong or just don't understand what people are telling you. This is about tax returns, I try to owe every year so I can have control of my own money, has nothing to do with what I use it for.
                                      Comment
                                      • grease lightnin
                                        SBR Posting Legend
                                        • 10-01-12
                                        • 16015

                                        #54
                                        Originally posted by bracephilosophyy
                                        Bro I got back 11k i don't live paycheck to paycheck like the brokedik fuks here on sbr who need every penny

                                        This shit is beyond absurd
                                        Comment
                                        • The Kraken
                                          BARRELED IN @ SBR!
                                          • 12-25-11
                                          • 28918

                                          #55
                                          I'll probably end up owing close to 200k
                                          Comment
                                          • grease lightnin
                                            SBR Posting Legend
                                            • 10-01-12
                                            • 16015

                                            #56
                                            Originally posted by The Kraken
                                            I'll probably end up owing close to 200k


                                            Congrats.

                                            I am in Tulsa right now dude. Cheers
                                            Comment
                                            • The Kraken
                                              BARRELED IN @ SBR!
                                              • 12-25-11
                                              • 28918

                                              #57
                                              Originally posted by grease lightnin
                                              Congrats.

                                              I am in Tulsa right now dude. Cheers
                                              If I was in OKC I'd drive up and meet you, only about a 90 min drive. We could hit up the Hard Rock

                                              If you're ever in Seattle let me know, we'll go fukk some asians and pet the orcas
                                              Comment
                                              • goduke
                                                SBR Posting Legend
                                                • 02-17-10
                                                • 11580

                                                #58
                                                Originally posted by opie1988
                                                Your goal needs to be to pay in just what you owe. So at the end you don’t really owe shit, and damn sure ain’t getting anything back.

                                                Only fukkin retards loan the IRS their money. Using your taxes as a savings plan is the mindset of a pure dumbfukk.

                                                Normally I don’t like anything you say but what you said is 100 percent the only way and should be the thought process of every single person. How anyone can be excited to get a refund at the end of the year is mind boggling. They should be ashamed to get a refund
                                                Comment
                                                • vividjohn45
                                                  SBR Hall of Famer
                                                  • 11-21-10
                                                  • 6331

                                                  #59
                                                  $1877. Spent it on bills. Makes my life easier.
                                                  Comment
                                                  • d2bets
                                                    BARRELED IN @ SBR!
                                                    • 08-10-05
                                                    • 39995

                                                    #60
                                                    Originally posted by goduke
                                                    Normally I don’t like anything you say but what you said is 100 percent the only way and should be the thought process of every single person. How anyone can be excited to get a refund at the end of the year is mind boggling. They should be ashamed to get a refund
                                                    Normally yeah, but this year's a little different. Getting a refund by accelerating itemized deductions made available by the tax changes in December. Couldn't have foreseen that.
                                                    Comment
                                                    • ttwarrior1
                                                      BARRELED IN @ SBR!
                                                      • 06-23-09
                                                      • 28460

                                                      #61
                                                      who here deducted casino losses and had a form from casino where u won money
                                                      Comment
                                                      • grease lightnin
                                                        SBR Posting Legend
                                                        • 10-01-12
                                                        • 16015

                                                        #62
                                                        Originally posted by The Kraken
                                                        If I was in OKC I'd drive up and meet you, only about a 90 min drive. We could hit up the Hard Rock

                                                        If you're ever in Seattle let me know, we'll go fukk some asians and pet the orcas
                                                        Sure thing pal
                                                        Comment
                                                        • unde0087
                                                          BARRELED IN @ SBR!
                                                          • 03-27-08
                                                          • 28956

                                                          #63
                                                          I swear, I haven't been in a thread that this opie has posted in that he didn't make himself look like a complete jackass. Maybe next time.
                                                          Comment
                                                          • jjgold
                                                            SBR Aristocracy
                                                            • 07-20-05
                                                            • 388179

                                                            #64
                                                            Getting money back you’re absolutely broke and have no money
                                                            Comment
                                                            • Thor4140
                                                              SBR Posting Legend
                                                              • 02-09-08
                                                              • 22296

                                                              #65
                                                              Originally posted by pilebuck13
                                                              Some people can’t control there finances who cares lol....so people literally need the government to hold their money hostage and give it back to them lol who cares
                                                              i was pretty sure you would back this guys insane saving plan.
                                                              Comment
                                                              • Thor4140
                                                                SBR Posting Legend
                                                                • 02-09-08
                                                                • 22296

                                                                #66
                                                                Anyone interested in investing in my under ground golf course? Brace?
                                                                Comment
                                                                • grease lightnin
                                                                  SBR Posting Legend
                                                                  • 10-01-12
                                                                  • 16015

                                                                  #67
                                                                  Fuk I thought I would get a small refund this year

                                                                  Still owe $8k
                                                                  Comment
                                                                  • grease lightnin
                                                                    SBR Posting Legend
                                                                    • 10-01-12
                                                                    • 16015

                                                                    #68
                                                                    This is definitely a thread that should have stayed in PT

                                                                    These mods don’t have an eye for what makes this forum tick.
                                                                    Comment
                                                                    • KVB
                                                                      SBR Aristocracy
                                                                      • 05-29-14
                                                                      • 74817

                                                                      #69
                                                                      Originally posted by ttwarrior1
                                                                      who here deducted casino losses and had a form from casino where u won money
                                                                      Took out markers, then paid them back.

                                                                      Deducted the markers as a Casino loss, because they can't tell otherwise.

                                                                      Casino forms are not official and can do have errors. The IRS knows this.

                                                                      Keep your own records, that's what the IRS wants to see, and add lemon to your water and cayenne pepper.

                                                                      Comment
                                                                      • BigBusiness
                                                                        SBR MVP
                                                                        • 09-16-12
                                                                        • 3226

                                                                        #70
                                                                        Taxes are for losers
                                                                        Comment
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