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>getting back 5200 on my tax returns Mr. Shekelstein is being
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You are currently reading a thread in /r9k/ - ROBOT9001

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>getting back 5200 on my tax returns
Mr. Shekelstein is being kind to me today
>>
What is a tax return?
Forgive my NEETslime ignorance
Are they literally just giving you back money that you already gave them?
Why did you have to give it to them in the first place?
It doesn't make any sense...
>>
>>27363709
It's my first year filing it so I'm not completely sure either but I think you're right
>>
>>27363686
prove to me ur a robot, how the fuck is anyone getting 5200 back for tax returns
>>
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>>27363747
Papa Obama wants to go out with a bang. He wants to be remembered fondly so he gave away record tax returns this year.
>>
>>27363709
Nah you'll get 5-10% back which is maybe $500 on wagekek salary.
>>
>>27363686
>working

looks like you are the jew here
>>
What was your net income?
>>
>government takes your money to fund bombing Arabs and giving foreigners welfare
>they give a little bit of your money back
>this is considered an overall good exchange
>>
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>>27363800
I love pol threads on /r9k/ just as much as the cute anime girl patch threads on /k/. Redpilling weeaboos into gun toting conservatives is funny as shit.

Not even joking.
>>
retard that just means you've been overpaying (your witholdings arent set properly) and giving the government an interest free loan for a year
>>
>>27363964
Sorry I'm not well versed enough in the jew arts to know how to maximize my shekel returns

>>27363747
State was 900
Federal was 3200 then somehow 4300 after I put in my student loan shitposting. Paid 13.5k in interest to nelnet- from medical school loans of around 140k accrued over 4 years
>>
>>27364020
you get money back for interest paid on student loans
set your federal witholdings to 2 and state to 1 if you're a single dude with no dependents and you dont live with your parents anymore
if you're still in school you can also cuck the government and get like 2500 back with some stupid ass continuing education bs
>>
>>27364060
What are witholdings? I thought that was how many kids you have so I put 0
>>
>>27363709
/pol/ here.
I got 9k back as a tax return.
When we pay into income taxes, a considerable amount doesn't get used up, and it's given back to us. Think of it like momentary hyper reinflation; it's not inflation, it's not deflation, it's a bit of both.
>>
>>27364098
https://www.irs.gov/Individuals/IRS-Withholding-Calculator
will help you out
>>
>>27364193
How do you even get to learn about these things without someone giving you links and shit? Is this all just common knowledge I somehow never picked up?
>>
>>27364233
googling when i got my first job
>>
>>27364120
No. Tax rates are defined. You pay too much if you're a fucking idiot. A tax refund over a couple hundred bucks is the government's way of saying you're stupid.
>>
>>27363796
>tfw wagecuck
>made 30k last year
>owed $200 on federal and $100 on state taxes because i earned $2500 from untaxed 1099 income
>>
>>27364098
You always give yourself 1 for yourself if nobody claims you as a dependent
and you put another if you're single and only have 1 job
check out a blank w-4 to figure out out easier
>>
>>27364578
So did I actually lose any money by claiming 0 withholdings or am I getting all of that money back right now
>>
>>27364486
Fucking same, owed them like $2k~ for making around $20k on stocks
>>
>>27364885
>made 20k in stocks in one year

oh fuck off
>>
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>have to pay 3 grand again in taxes
>mfw I got laid off in January and am already broke
>>
>>27364896

Its pretty much automated anon. It automatically vuts certain stocks & I automate it sell when it reaches a certain price point
>>
>>27363686


it's basically a free loan you give to the government.

it's a scam in sense,

since you could never get the reverse, that is ask the Fed for 5000k loan and pay it pack with no interest.
>>
>>27364293

A tax return over a couple of hundred bucks is when you work a casual, no contract job over and above your usual weekly amount of hours and pay more tax because payroll are obliged to tax you at the higher rate for that week.

You're not literally retarded and think you can insist on being paid at a particular rate constantly, right?
>>
>>27364929
so is this to say that if you owe money, you aren't getting cucked by the government?
>>
>>27364293
Or they have kids, own a house, student loans,etc.........
>>
>>27363883
>bombing Arabs

I have no issue with this
Thread replies: 31
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