Tax Refund

Old Feb 25th 2010, 2:01 pm
  #1  
BE Forum Addict
Thread Starter
 
Joined: Feb 2007
Location: USA
Posts: 2,212
Deedee13 has a reputation beyond reputeDeedee13 has a reputation beyond reputeDeedee13 has a reputation beyond reputeDeedee13 has a reputation beyond reputeDeedee13 has a reputation beyond reputeDeedee13 has a reputation beyond reputeDeedee13 has a reputation beyond reputeDeedee13 has a reputation beyond reputeDeedee13 has a reputation beyond reputeDeedee13 has a reputation beyond reputeDeedee13 has a reputation beyond repute
Default Tax Refund

ok we did ours and getting a refund.. thank god. I claim 0 and 0 on my taxes with 2 kids so its nice at the end of the year. Rather have a lump sum rather than dribs and drabs.... .....
Deedee13 is offline  
Old Feb 25th 2010, 2:25 pm
  #2  
SUPER MODERATOR
 
Jerseygirl's Avatar
 
Joined: Dec 2005
Posts: 82,485
Jerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond repute
Default Re: Tax Refund

Originally Posted by Deedee13 View Post
ok we did ours and getting a refund.. thank god. I claim 0 and 0 on my taxes with 2 kids so its nice at the end of the year. Rather have a lump sum rather than dribs and drabs.... .....
Don't even mention taxes. My husband turns into the Gestapo at this time of year...he insists on accuracy down to the last cent.
Jerseygirl is offline  
Old Feb 25th 2010, 2:39 pm
  #3  
 
Joined: Jan 2008
Posts: 7,605
chartreuse is an unknown quantity at this point
Default Re: Tax Refund

Originally Posted by Jerseygirl View Post
Don't even mention taxes. My husband turns into the Gestapo at this time of year...he insists on accuracy down to the last cent.
I do too - I don't want to get deported for defrauding the Feds.

Thing is, SWMBO has a very casual attitude towards it all, which means I end up doing the returns. I've been doing them for years, because, in the year we got married, I worked out that if I elected to be taxed as a "non-resident resident alien" we could use the extra set of allowances to claw back all the tax she'd paid in the partial year before moving to England.

This year is going to be a nightmare. I'm going to itemise everything, 'cos I reckon I might be able to show a big enough net operating loss for 2009 to carry a non-trivial amount forward to 2010.
chartreuse is offline  
Old Feb 25th 2010, 2:47 pm
  #4  
SUPER MODERATOR
 
Jerseygirl's Avatar
 
Joined: Dec 2005
Posts: 82,485
Jerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond repute
Default Re: Tax Refund

Originally Posted by chartreuse View Post
I do too - I don't want to get deported for defrauding the Feds.

Thing is, SWMBO has a very casual attitude towards it all, which means I end up doing the returns. I've been doing them for years, because, in the year we got married, I worked out that if I elected to be taxed as a "non-resident resident alien" we could use the extra set of allowances to claw back all the tax she'd paid in the partial year before moving to England.

This year is going to be a nightmare. I'm going to itemise everything, 'cos I reckon I might be able to show a big enough net operating loss for 2009 to carry a non-trivial amount forward to 2010.
He drives me nuts every year. Hubby doesn't even do the returns...our accountant does...gawd knows what he'd be like if he did them.
Jerseygirl is offline  
Old Feb 25th 2010, 3:01 pm
  #5  
Lost in BE Cyberspace
 
Englishtart's Avatar
 
Joined: Feb 2009
Location: North Charleston,SC. born in Stockport,UK.
Posts: 10,109
Englishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond repute
Default Re: Tax Refund

In previous years we have either had the base tax guys or H&R block do ours, (although last yr a neighbour did them and we ended up owing over $200!!)

Apart from last year, we have never owed anything, hubby always claims 0/0, so pays a higher tax each payday. This year we decided to try using an online tax site and we did our own, because hubby did a tax free deployment last year, but elected to still clain 0/0, we got a very nice refund, from fed' and CO taxes, we do have to pay IL taxes, but not a big deal.
Englishtart is offline  
Old Feb 25th 2010, 3:04 pm
  #6  
 
Joined: Jan 2008
Posts: 7,605
chartreuse is an unknown quantity at this point
Default Re: Tax Refund

Originally Posted by Jerseygirl View Post
He drives me nuts every year. Hubby doesn't even do the returns...our accountant does...gawd knows what he'd be like if he did them.
He'd probably be like me - grumpy, stressed and you wouldn't be allowed to turn the telly on.
chartreuse is offline  
Old Feb 25th 2010, 3:13 pm
  #7  
SUPER MODERATOR
 
Jerseygirl's Avatar
 
Joined: Dec 2005
Posts: 82,485
Jerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond reputeJerseygirl has a reputation beyond repute
Default Re: Tax Refund

Originally Posted by Englishtart View Post
In previous years we have either had the base tax guys or H&R block do ours, (although last yr a neighbour did them and we ended up owing over $200!!)

Apart from last year, we have never owed anything, hubby always claims 0/0, so pays a higher tax each payday. This year we decided to try using an online tax site and we did our own, because hubby did a tax free deployment last year, but elected to still clain 0/0, we got a very nice refund, from fed' and CO taxes, we do have to pay IL taxes, but not a big deal.
H&R
Jerseygirl is offline  
Old Feb 25th 2010, 3:25 pm
  #8  
Lost in BE Cyberspace
 
Englishtart's Avatar
 
Joined: Feb 2009
Location: North Charleston,SC. born in Stockport,UK.
Posts: 10,109
Englishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond repute
Default Re: Tax Refund

Originally Posted by Jerseygirl View Post
H&R
I know, I think they did them for two years and then we realised we were paying money for old rope!!
Englishtart is offline  
Old Feb 25th 2010, 3:41 pm
  #9  
Heading for Poppyland
 
robin1234's Avatar
 
Joined: Jul 2007
Location: North Norfolk and northern New York State
Posts: 11,218
robin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond repute
Default Re: Tax Refund

Originally Posted by Jerseygirl View Post
He drives me nuts every year. Hubby doesn't even do the returns...our accountant does...gawd knows what he'd be like if he did them.
I love doing taxes. It reminds me the world is absurd.

Do I need to fill out Form 1116 for the Foreign Tax Credit?

Not if (Line 47, exception 5b..) all of my foreign taxes ".. were paid to countries recognized by the United states and that do not support terrorism."

Let me see, my brokerage reports that I paid $13.22 in foreign taxes to "various countries." Now, do any of these "various countries" support terrorism? Etc. etc.
robin1234 is online now  
Old Feb 25th 2010, 3:47 pm
  #10  
Wondering if...
 
celticgrid's Avatar
 
Joined: Apr 2009
Location: Clarence, NY
Posts: 1,178
celticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond repute
Default Re: Tax Refund

Tax year 2009 was my first full US tax year. After doing IOM taxes for the last 11 years, with the full form there being a single sheet of A4 paper, I resorted to Turbotax and was pleasantly surprised. Done and dusted. Federal refund check already banked, NY state refund awaited.

And I'm fairly sure I entered everything, erring on the side of caution and not claiming a couple of possibly dodgy deductions.

I could clearly adjust my numbers to get a bit more each paycheck but prefer a little bonus once a year
celticgrid is offline  
Old Feb 25th 2010, 4:30 pm
  #11  
Heading for Poppyland
 
robin1234's Avatar
 
Joined: Jul 2007
Location: North Norfolk and northern New York State
Posts: 11,218
robin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond repute
Default Re: Tax Refund

Originally Posted by celticgrid View Post
Tax year 2009 was my first full US tax year. After doing IOM taxes for the last 11 years, with the full form there being a single sheet of A4 paper, I resorted to Turbotax and was pleasantly surprised. Done and dusted. Federal refund check already banked, NY state refund awaited.

And I'm fairly sure I entered everything, erring on the side of caution and not claiming a couple of possibly dodgy deductions.

I could clearly adjust my numbers to get a bit more each paycheck but prefer a little bonus once a year
So you lived in the IoM? I've always wanted to visit; it looks like there is some nice hill-walking there.
robin1234 is online now  
Old Feb 25th 2010, 4:40 pm
  #12  
Wondering if...
 
celticgrid's Avatar
 
Joined: Apr 2009
Location: Clarence, NY
Posts: 1,178
celticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond repute
Default Re: Tax Refund

Originally Posted by robin1234 View Post
So you lived in the IoM? I've always wanted to visit; it looks like there is some nice hill-walking there.
It has a lot to offer, including some great hill-walking opportunities. And including a very friendly tax return form!

It also has a lot that it doesn't offer, hence the move to the US...
celticgrid is offline  
Old Feb 25th 2010, 5:16 pm
  #13  
Lost in BE Cyberspace
 
Englishtart's Avatar
 
Joined: Feb 2009
Location: North Charleston,SC. born in Stockport,UK.
Posts: 10,109
Englishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond reputeEnglishtart has a reputation beyond repute
Default Re: Tax Refund

Originally Posted by celticgrid View Post
It has a lot to offer, including some great hill-walking opportunities. And including a very friendly tax return form!

It also has a lot that it doesn't offer, hence the move to the US...
I have family that live in Onchan, used to visit at least once a year before I got married, hubby always wanted to go visit, but we never got around too it. The family over there would come to the mainland when TT was on, so we would go use their place...loved it there
Englishtart is offline  
Old Feb 25th 2010, 5:29 pm
  #14  
Wondering if...
 
celticgrid's Avatar
 
Joined: Apr 2009
Location: Clarence, NY
Posts: 1,178
celticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond reputecelticgrid has a reputation beyond repute
Default Re: Tax Refund

Originally Posted by Englishtart View Post
I have family that live in Onchan, used to visit at least once a year before I got married, hubby always wanted to go visit, but we never got around too it. The family over there would come to the mainland when TT was on, so we would go use their place...loved it there
We used to try and flee TT each year. Managed it most years. For that fortnight each year it is love it or hate it time on the island. TT is just like Marmite in that respect.

Hmmmm. Turn a Marmite jar upside down and it is sort of shaped like a motorcycle helmet....
celticgrid is offline  
Old Feb 25th 2010, 6:22 pm
  #15  
Heading for Poppyland
 
robin1234's Avatar
 
Joined: Jul 2007
Location: North Norfolk and northern New York State
Posts: 11,218
robin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond reputerobin1234 has a reputation beyond repute
Default Re: Tax Refund

Originally Posted by celticgrid View Post
We used to try and flee TT each year. Managed it most years. For that fortnight each year it is love it or hate it time on the island. TT is just like Marmite in that respect.

Hmmmm. Turn a Marmite jar upside down and it is sort of shaped like a motorcycle helmet....
But the contents of a marmite jar taste even worse than human brains (I'm assuming.)
robin1234 is online now  

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.