April 19th, 2017 at 12:50 PM ^
spending, but I think we're of a mind on the real budget pathway to future ruination going through medicare/medicaid/SS. Those programs (Medicare, mostly) are chewing up the remaining part of the budget and will swallow them entirely before too long. But there's a reason they call SS/Medicare the "3rd Rail" of American politics.
April 19th, 2017 at 12:56 PM ^
and i would love to hear a solution too, but that probably would put us in the 'politics' zone which this thread has done a great job of avoiding in large part.
April 18th, 2017 at 10:47 PM ^
You're worth 40 billion what does that payment look like?
April 18th, 2017 at 10:17 PM ^
April 18th, 2017 at 10:28 PM ^
I went into 5 digits this time. Fuck AMT and the Obamacare tax.
April 18th, 2017 at 11:05 PM ^
April 19th, 2017 at 12:55 AM ^
April 18th, 2017 at 10:31 PM ^
I assume that is 3k on top of whatever was witheld. Your total tax liability was more than 3k.
That is the nasty part of witholding in my mind. To those getting refunds you are getting money back. To those paying you don't feel the full weight of your tax liability in a single check.
April 19th, 2017 at 10:54 AM ^
Yes. I had to pay an extra $3k. It was mostly my fault; both my wife and I changed jobs in 2016, so we didn't coordinate properly with allowances and changes to health care.
And to me, having the money in hand at the time was more beneficial than getting a check back in April, since we had expenses to deal with at the time. But yeah, it definitely hurts.
April 18th, 2017 at 10:32 PM ^
April 18th, 2017 at 11:10 PM ^
I was actually surprised by how restrained it is. I expected fireworks. Lots of fireworks.
Good job everybody (so far).
April 19th, 2017 at 10:55 AM ^
I guess I read the first couple of posts on the phone dealing with missles, trips to Hawaii, etc. and assumed that was the rest of the thread.
April 18th, 2017 at 11:27 PM ^
April 19th, 2017 at 12:10 AM ^
As is inflation. Somebody gets that money and it ain't you or me.
April 19th, 2017 at 12:10 AM ^
and when we lived there i missed real weather, like, UP weather. i can enjoy a sunny day like anybody else, but for so many reasons michigan is the homing beacon.
your avatar pic = your boat on the colorado river?
Never having to deal with snow in the winter with mild, low humidity summers by the beach in the summer is indeed much nicer than Michigan weather.
Where you at?
and fall. and spring. and freeways where you can drive more than 7 mph. and the fact that i can swim in front of my office 4-5 months/yr. no sharks. no salt.
and some of us are not so fond of earthquake, flood, fire, and riot season. and i was always hot in california. i lived there for years. i understand the attraction for some, but we couldn't live our lives in anywhere near the fashion we do now if we'd have stayed.
I'm in LA, Long Beach specifically.
Snow is nice to visit but I'm happy never having to shovel my driveway or deal with any other hassle involved with it. The snow wasn't even pretty 95% of the time when I was in Ann Arbor, it was usually a grey sludge. We have Spring and Fall, we just skip winter. I'm 11 miles from work, almost all on freeways and it takes me 20 minutes to get there. I've never seen a shark and lake beaches do not compare to ocean ones. In 38 years never been anywhere near a flood, fire, or riot. Last earthquake that did any damage at all was in 1994. I loved my four years in Ann Arbor but I do not miss the weather. I told people the weather was great for the two weeks at the start of the school year and at the end but the seven months in between was terrible, and it was. Not seeing the sun for a month and then it finally showing up only for you to not even be able to feel it's rays and what's going on, it's colder now?... is depressing. Plus there's better skiing two hours away from here than there is in Michigan, the lower peninsula at least (can't say I know anything about the UP besides it's cold and barely inhabited by people straight out of Fargo). LA is expensive, can't argue that.
Big 4 tax accountant here. Good to finally be done with busy season. It's entertaining to read what other people think of tax season - the 1040s I work on are obviously way different than the average taxpayer's.
I did returns this year for my grandmother and another friend in Turbotax. They took way more time than they should have for as simple as they were.
You are a free man now.
You should chill out and catch your breath.
Go to Rome and hang out with the team.
Come October, I do a calculate on my taxes to see where I am trending and if I'm getting a big refund, I stop having taxes taken out for the rest of the year. Helps with Thanksgiving travel and Christmas presents.
I'm getting almost 10k back this year. A financial silver lining to my wife leaving her job to stay home with the babies half way through the year! Sure didn't think it'd add up to almost 10k though. Not like it would have done anything sitting as cash in my portfolio most of the year anyways, it's just found money as i'm concerned and makes me worry far less about how close my income has been to my expenses since down to one income. Sheesh, kids are expensive, so is CA.
My stock index fund made +10 pct the last 12 months...just sayin
You're doing a lot better than my Morgan Stanley guy, I don't think I've done >10 since before the crash! I'm just saying I keep a certain decently sized chunk liquid at his advice and who knows how long any extra monthly cash would have sat there before being invested.