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Tax Season is Best Season
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2019-02-19 at 1:54 AM UTCI only recently discovered that I have a bunch of unused tax write-off carryovers from previous years (college tuition stuff mostly - my annual income was practically $0... times were tough - but I at least get to declare those deductions now).
When my return comes in, I'mma buy soooo much drugs on the deep web they're gonna indict my mail carrier on RICO charges. -
2019-02-19 at 2:31 PM UTC
Originally posted by gadzooks I only recently discovered that I have a bunch of unused tax write-off carryovers from previous years (college tuition stuff mostly - my annual income was practically $0… times were tough - but I at least get to declare those deductions now).
When my return comes in, I'mma buy soooo much drugs on the deep web they're gonna indict my mail carrier on RICO charges.
If your income was $0 then you paid $0 in income tax right.
I don't get the logic behind people who pay $0 getting a tax refund...it's not a charity! -
2019-02-19 at 2:46 PM UTC
Originally posted by Jiggaboo_Johnson If your income was $0 then you paid $0 in income tax right.
I don't get the logic behind people who pay $0 getting a tax refund…it's not a charity!
It's carry over. So I paid tens of thousands in tuition and, at least in Canada, tuition for accredited post secondary education is tax deductible.
BUT... I was making close to $0 while in school (worked very part time, living mostly on student loans... Which I'll still be paying for years).
Now, about 5 years after graduating, I finally have steady income. So I get to use those carryover deductions on my taxes this year.
The funny thing is, though, if someone hadn't educated me on that, I'd have lost out entirely. I hate managing money. I mean, I like money... But accounting type stuff... Not my forte. -
2019-02-19 at 2:48 PM UTCOne time I went to H&R block for taxes and they wrote me a check for $2000 so I cashed it and bought a bunch of weed and one year later the government said I owe $2000 so I don't fuck around with that tax shit no more.The following users say it would be alright if the author of this post didn't die in a fire!
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2019-02-19 at 2:53 PM UTC
Originally posted by Ghost One time I went to H&R block for taxes and they wrote me a check for $2000 so I cashed it and bought a bunch of weed and one year later the government said I owe $2000 so I don't fuck around with that tax shit no more.
Lol I could totally picture that happening to me back in the day. That is, if I had even paid enough taxes to get that.
I legit earned less than 20k a year until I hit 33.
Some people are late bloomers, as it turns out.
When I was in my 20s I saw any opportunity for money right now as money worth spending...
Me: "I got accepted for a credit limit of $3k?"
Also me: "This is gonna be one hell of a weekend then..." -
2019-02-19 at 2:54 PM UTC
Originally posted by gadzooks It's carry over. So I paid tens of thousands in tuition and, at least in Canada, tuition for accredited post secondary education is tax deductible.
BUT… I was making close to $0 while in school (worked very part time, living mostly on student loans… Which I'll still be paying for years).
Now, about 5 years after graduating, I finally have steady income. So I get to use those carryover deductions on my taxes this year.
The funny thing is, though, if someone hadn't educated me on that, I'd have lost out entirely. I hate managing money. I mean, I like money… But accounting type stuff… Not my forte.
A friend of mine a few years ago when he got laid off cashed in his 401K (for 30k) and was on unemployment for near a year and didn't have the tax witheld. I was laughing at him saying he was going to owe thousands at tax time.
I worked all year of course.
Tax time came along, we both did our taxes....I owed $406, he got nearly $7k...(due to him having 2 kids and qualifying for some bullshit poverty rebate or something
what kind of fucked up country is this where a worker ends up owing and a fucking unemployed bum gets $7k....I told him when he got his check he owed me $406. -
2019-02-19 at 2:55 PM UTCTook 20 years but I am debt free and I didn't need Dave Ramsey.
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2019-02-19 at 2:59 PM UTC
Originally posted by Jiggaboo_Johnson A friend of mine a few years ago when he got laid off cashed in his 401K (for 30k) and was on unemployment for near a year and didn't have the tax witheld. I was laughing at him saying he was going to owe thousands at tax time.
I worked all year of course.
Tax time came along, we both did our taxes….I owed $406, he got nearly $7k…(due to him having 2 kids and qualifying for some bullshit poverty rebate or something
what kind of fucked up country is this where a worker ends up owing and a fucking unemployed bum gets $7k….I told him when he got his check he owed me $406.
I have no idea if that balanced out in the end, because I am straight up dumb when it comes to managing money, so when you factor in the additional variable of time... I'm straight up lost.
Don't you also have a 401k then? If I recall correctly you're from the UK? The funny thing is that I'd have figured my homeland (Canada) would be pretty similar (Commonwealth nation and all that)... But we have RRSP's en lieu of 401k's. And don't they just call it pentions over there?
Yeah money is straight confusing to me. I'm absolutely lost right now. -
2019-02-19 at 3 PM UTC
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2019-02-19 at 3:06 PM UTC
Originally posted by gadzooks Don't you also have a 401k then? If I recall correctly you're from the UK? The funny thing is that I'd have figured my homeland (Canada) would be pretty similar (Commonwealth nation and all that)… But we have RRSP's en lieu of 401k's. And don't they just call it pentions over there?
Yeah money is straight confusing to me. I'm absolutely lost right now.
No, 401ks are for the dumb masses who don't know how to invest their money themselves. I do have a private pension thing from back in England too though, and the state pension...so when I retire I'll be getting 2 pensions from the UK, Social security here and the $$$ from my US investments...so multiple income sources which I shall spend on house shoes and Asian whores. -
2019-02-19 at 3:07 PM UTC
Originally posted by -SpectraL Here's a great free online tax filer…
https://www.freetaxusa.com/
I'm afraid to click for some reason...
First off, does it work for Canadians too? -
2019-02-19 at 3:08 PM UTCI'm in so much debt they freeze my bank accounts and take everything in my savings a few times a year so I have to keep it all in cash
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2019-02-19 at 3:10 PM UTC
Originally posted by Ghost I'm in so much debt they freeze my bank accounts and take everything in my savings a few times a year so I have to keep it all in cash
Believe it or not, but I've been there, done that.
It's brutal.
I remember even thinking it a clever move to deposit an empty envelope at an ATM, but telling the machine there was a few hundred bucks in that envelope.
After a bunch of shit like that banks, creditors, etc started trusting me less and less. -
2019-02-19 at 3:10 PM UTC
Originally posted by -SpectraL Here's a great free online tax filer…
https://www.freetaxusa.com/
lets all give spactral claps for his demonstrated googling agility. -
2019-02-19 at 3:11 PM UTCShit I should try that
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2019-02-19 at 3:11 PM UTC
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2019-02-19 at 3:13 PM UTCMan, if there's one thing I love reminiscing about, it's scams, cons, identity theft, and various and sundry non-violent-yet-still-profitable ventures.
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2019-02-19 at 3:16 PM UTCThere is this service on the darknet that makes fake government of Canada checks up to a few thousand dollars.
https://www.publicsafety.gc.ca/cnt/rsrcs/pblctns/archive-cntrft-chcks-mn-rdrs/archive-cntrft-chcks-mn-rdrs-eng.pdf -
2019-02-19 at 3:17 PM UTC
Originally posted by gadzooks I'm afraid to click for some reason…
First off, does it work for Canadians too?
For Canada, this is the best free filer. Family-run, extremely easy to use, fast, and very reliable.
https://www.simpletax.ca -
2019-02-19 at 3:18 PM UTCLook up Louis CK "I'm broke"
Funny as hell
