Income taxes, closing out 2016.

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Message 1844707 - Posted: 27 Jan 2017, 7:36:52 UTC

Well, I got's my W2 and my Turbo Tax email.
Now, just to find the ambition and I should be able to reclaim a tad bit of what was withheld from me last year.
These days, I don't have a lot of exemptions, so they generally end up keeping most of what they took so they can hand it out to illegal aliens and such at their discretion. Or chuck it over to the Palestinians against congressional approval.

But I usually get a few hundred back to pay for a month's worth of Seti crunching or so.

If only I could finagle a way to claim the kitties as dependents.....I mean, they ARE, aren't they???? I'd be doing a lot better if I could deduct those kibble and litter bills.

Meowsigh.
"Freedom is just Chaos, with better lighting." Alan Dean Foster

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Message 1844726 - Posted: 27 Jan 2017, 8:49:41 UTC

Waiting for my w2. Obama care is going to "f" me out of a big chunk of it for not having health insurance. My job don't offer any. IRS letter says it is going to be almost $700 this year.

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Message 1844729 - Posted: 27 Jan 2017, 9:04:10 UTC - in response to Message 1844726.  

Waiting for my w2. Obama care is going to "f" me out of a big chunk of it for not having health insurance. My job don't offer any. IRS letter says it is going to be almost $700 this year.

This is pure Mafia style enforcement.
If you don't buy health insurance, you die in debt upon contracting disease.
I can live or die with that.
In most cases, having health insurance will not do a damned thing if you get a terminal disease, other than to enrich the insurance company upon your death.
They will fight tooth and nail to pay out anything that will prolong you life if they are able to.
"Freedom is just Chaos, with better lighting." Alan Dean Foster

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Message 1844732 - Posted: 27 Jan 2017, 9:33:27 UTC - in response to Message 1844731.  

But that is no different to all insurances/assurances Mark. They automatically try to pay out the minimum to maximise profits to institutional shareholders. The biggest rip off is car insurance. Write off you car and you will only get-trade in value for it. But you then have to make up the difference to buy a replacement similar car at forecourt prices.

The whole point of insurance is to recompense you so that you are no worse off afterwards - Hah! Pigs might fly!

Have a fire in you house and your contents policy will only pay what the goods were worth second hand at the time. You have to buy new to replace them. Yes you can get new for old policies, but you pay a hefty premium.

I can't comment upon health insurance or Obama care because we have a NHS here in the UK. The prices per month of BUPA to go private are astronomical, but senior executives get that cover for themselves and their families as part of a negotiated job package.

You never see a poor insurance broker, we are all on the wrong side of the fence!

No more than you shall ever see a lawyer in the poorhouse. They prey off of the lives of the unfortunate.
Some old joke about a boat sinking, and full of lawyers, so it was not a sad thing.

I jest a lot, and think at times I am above it all..................LOL.
"Freedom is just Chaos, with better lighting." Alan Dean Foster

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Message 1844738 - Posted: 27 Jan 2017, 10:03:59 UTC - in response to Message 1844736.  

No more than you shall ever see a lawyer in the poorhouse. They prey off of the lives of the unfortunate.

I would prefer to say that they are a necessary evil. The old phrase use to be "Would you let your daughter marry a ........." (fill in as required). These days a lawyer or Solicitor would be a good choice, at least she wouldn't have to worry too much about money and a roof over her head. What the Husband did for a living might be detestable to many people, but it pays the bills.

I pay the bills.
But I do not do it by prostituting myself to the legal system.
I work for a living, my man. I work for a living.
"Freedom is just Chaos, with better lighting." Alan Dean Foster

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Message 1844742 - Posted: 27 Jan 2017, 11:33:31 UTC - in response to Message 1844731.  

I can't comment upon health insurance or Obama care because we have a NHS here in the UK. The prices per month of BUPA to go private are astronomical, but senior executives get that cover for themselves and their families as part of a negotiated job package.

You obviously worked for the wrong people. I couldn't with any imagination, describe myself as a senior executive. But I got it included as did all my colleagues. Had sinuses unblocked and back at work 10 days later instead of minimum NHS wait time of 6 months.
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Message 1844745 - Posted: 27 Jan 2017, 11:46:03 UTC - in response to Message 1844744.  

You obviously worked for the wrong people.

Probably did!!! it was an ex public utility, so pretty basic, but the pension scheme is good being government backed and index linked.

I've got one of those (military + NATO civilian [read civil servant]) and also one from that last employer, linked to company salaries plus the state one.
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Message 1844768 - Posted: 27 Jan 2017, 15:59:51 UTC - in response to Message 1844726.  
Last modified: 27 Jan 2017, 16:06:51 UTC

Waiting for my w2. Obama care is going to "f" me out of a big chunk of it for not having health insurance. My job don't offer any. IRS letter says it is going to be almost $700 this year.

America will be greater when we all have no insurance!

Good thing Trump's policies will result in a balanced budget, reduced taxes, and dropping deficit.

As far as taxes? Seems my employer withholds twice as much as they should from me every damn year. I usually get back 50% of what I pay in. Long story short, I have filed zee taxes two days ago.
#resist
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Message 1844770 - Posted: 27 Jan 2017, 16:03:04 UTC - in response to Message 1844729.  

Waiting for my w2. Obama care is going to "f" me out of a big chunk of it for not having health insurance. My job don't offer any. IRS letter says it is going to be almost $700 this year.

This is pure Mafia style enforcement.
If you don't buy health insurance, you die in debt upon contracting disease.
I can live or die with that.
In most cases, having health insurance will not do a damned thing if you get a terminal disease, other than to enrich the insurance company upon your death.
They will fight tooth and nail to pay out anything that will prolong you life if they are able to.


And this is why private healthcare does NOT work in a capitalist system. Both ideas are mutually exclusive.
#resist
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Message 1844775 - Posted: 27 Jan 2017, 16:34:21 UTC - in response to Message 1844731.  

we are all on the wrong side of the fence!


You're certainly on the wrong side of this fence!

We had better tone this down a little in case it gets swapped over to politics, where I won't be able to participate any further.


What happened? You found that all the crap you've been handing out failed you so thought, if you can't beat them, join them?
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Message 1844778 - Posted: 27 Jan 2017, 16:44:07 UTC - in response to Message 1844732.  

No more than you shall ever see a lawyer in the poorhouse. They prey off of the lives of the unfortunate.
Some old joke about a boat sinking, and full of lawyers, so it was not a sad thing.

Ain't that the truth
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Profile Gary Charpentier Crowdfunding Project Donor*Special Project $75 donorSpecial Project $250 donor
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Message 1844781 - Posted: 27 Jan 2017, 17:04:51 UTC - in response to Message 1844780.  

Just a couple days left for the deadline for everyone to receive ALL OF THEIR REQUIRED TAX FORMS IN ACCORDANCE WITH THE LAW so we can all file our tax statements with the IRS.

I'm still waiting for some...

My personal history hath shewn I don't get them all until mid-February. Just another example of tax law violations which are not enforced.

Only Mid Feb?! HA HA HA HA HA HA HA HA HA
Form K doesn't have to be mailed to you until April 15! Try doing your taxes before you have all the information to fill out the forms!
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Message 1844786 - Posted: 27 Jan 2017, 17:17:12 UTC - in response to Message 1844780.  

Just a couple days left for the deadline for everyone to receive ALL OF THEIR REQUIRED TAX FORMS IN ACCORDANCE WITH THE LAW so we can all file our tax statements with the IRS.

I'm still waiting for some...

My personal history hath shewn I don't get them all until mid-February. Just another example of tax law violations which are not enforced.

Why not do most of it as you receive and make payments, while it is still fresh in your mind. It only takes a few minutes and is not difficult.
Leaving it all until the last minute only causes headaches and errors** in my experience.

**Usually not in your favour.
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Message 1856665 - Posted: 19 Mar 2017, 21:01:48 UTC

Want a real tax issue, guess what? If you make a contribution to a traditional IRA, that can trigger Obama Tax!

That's right. Because the IRA write off changes your AGI lower, you might find yourself owing Obama Tax because of the way the premium credits work.

So you may need to make that contribution to a ROTH IRA, not a traditional IRA.

For those not following, there is a class of people for whom healthcare is "unaffordable." It they make less than a multiple of the poverty line and the coverage costs more than 8.13% of their AGI they don't owe Obama Tax. The rub is, if their AGI is lower then they qualify for a premium credit and bingo, now they can afford healthcare and owe the tax.

Yep, save for retirement and owe additional tax or spend more money today. Only a wall street greed type could come up with this.
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Message 1856685 - Posted: 19 Mar 2017, 23:45:22 UTC - in response to Message 1844731.  

senior executives get that cover for themselves and their families as part of a negotiated job package

Never been called a "senior executive" before.
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Message 1856731 - Posted: 20 Mar 2017, 3:00:02 UTC

Whine winge and whine some more . There will always be people that can't afford to pay private insurance so what do you say .....whine and whinge because you have to help them .

IT"S CALLED GROSE GREED AND SELFISHNESS and yet your country says "In God We trust " how about you all read the dam Bible and in particular the story of the good Samaritan and ask yourself are you really a Christian whining and whinging about having to help your fellow countrymen that have fallen on hard times , would Jesus chose a private system that kills many or a Universal system that helps and saves lives

if you can't agree that Jesus would chose a Universal system then your not a Christian or even a Human but a nasty greedy evil little animal that should be put down like we do to all animals that hurt Humans .
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Message 1856733 - Posted: 20 Mar 2017, 3:08:21 UTC
Last modified: 20 Mar 2017, 3:10:29 UTC

My taxes are simply an exercise in paperwork.
How much did you earn last year?
OK, you own this much.
You donated from your paycheck this much.

Send us the remainder.

I think the tax rate could be lower if our government did not waste so much.

On the other hand, what would you be willing to pay to live in a free country if you had to choose?
Many would give anything to live in America, regardless of the cost.
We pay taxes to support the system that gives us our freedom.
I may quibble about the rate charged, but not the outcome.
"Freedom is just Chaos, with better lighting." Alan Dean Foster

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Message 1856740 - Posted: 20 Mar 2017, 3:33:40 UTC - in response to Message 1856731.  

yet your country says "In God We trust"
A few lunatics say that and while everyone else looked away they shoved that in through a window. Just realize it is the same as allahu akbar.
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Message 1856741 - Posted: 20 Mar 2017, 3:33:46 UTC - in response to Message 1856733.  

Many would give anything to live in America, regardless of the cost


Um really you might wish to tell that to Canada as there now getting refugees from America crossing it's borders on a news story I watched today .

America is not the first place of settlement anymore .

We pay taxes to support the system that gives us our freedom.
I may quibble about the rate charged, but not the outcome


!9 trillion owing sounds like your freedom is working then so long as your not Black or Red or Yellow or from a non Christian country or your poor .

Sounds like a great place to come to . You won't get shot in the back while jogging , mugged while walking ya dog , pay little tax have little or no services to help you and if you do something wrong there is no 2nd chances , where if you do vote it means nothing as the real election is decided by others with to much money and no humanity.

I'll go down to the American Embassy right now and emigrate straight away seeing as it's such a great place to die
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Message boards : Politics : Income taxes, closing out 2016.


 
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