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GinaGalaxy
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Tax Season - Are You On The Plus or Minus?
Feb 19 2020 12:09AM more by GinaGalaxy
Tags: LA, Random (All tags)

Here is where you can complain about uncle Sam.
And the State of California!


Who's getting $ back
Who's getting reemed?

This year I'm good. Last year I got reemed 5k.





      
There are 17 comments on this blog.
Nacraman
Santa Barbara, Central Coast, CA
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since Feb 21 2009

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Feb 19 2020 02:42AM     link to this

Does HX issue 1099's ?
GinaGalaxy
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Feb 19 2020 05:39AM     link to this

LoL
longwalker
CA
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Feb 19 2020 07:31AM     link to this

I always get a refund
I have a good accountant
loucfirr1
LA, CA
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Feb 19 2020 08:01AM     link to this

You should always strive to be 0 back! Dont give the Gov free loans!
loucfirr1
LA, CA
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Feb 19 2020 08:03AM     link to this

But sadly in this Trump economy I'm getting a lot back. You're welcome Gov.
kidbilly
OC, CA
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Feb 19 2020 08:25AM     link to this

Small refund. I do know someone that owes like 10k. Her fault though, she didn't pay taxes throughout the year.
loucfirr1
LA, CA
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Feb 19 2020 08:29AM     link to this

Trumps good, but not that good!
AFMadness
Inland Empire, CA
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Feb 19 2020 09:45AM     link to this

A plus , cause after the end of August that last 10k falls into that black hole of cyber space and I'll get a refund. But first have to file an extension. Since the assessment date is in August. For most of you assessments are created Apr 15th. So sign your rights away.
BritGuy
LAX, Coastal, LA, CA
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Feb 19 2020 10:48AM     link to this

There is no penalty for that as long as you pay the difference in the allotted time

Incorrect. If you owe more than a certain amount (percentage ??) then there are penalties due. It's assumed that you deliberately underpaid.

Cheers.
ocguy66
OC, CA
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since Apr 26 2006

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Feb 19 2020 10:57AM     link to this

Time for a tea party..... this is bull shit.
OCCityBoy2
OC, CA
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Feb 19 2020 12:32PM     link to this

i should be close to EVEN this tax year.

last year, i paid IRS $4500 in taxes owed.
State of California, i owed almost $1k.

this year (2019), i bought a Prius Plug-in.
got $1k from SCEdison. i'll get a $4500 FEDERAL tax credit. even steven this year.
ocguy66
OC, CA
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Feb 19 2020 03:34PM     link to this

I need a new tax guy or gal
mmca2
SFV, LA, CA
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since Oct 28 2008

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Feb 19 2020 04:58PM     link to this

4K to Uncle Sam and 200 to the state. SALT hurt my deductions for 2019.
Peat
OC, CA
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Feb 19 2020 05:00PM     link to this

Incorrect. If you owe more than a certain amount (percentage ??) then there are penalties due. It's assumed that you deliberately underpaid.

Not exactly the case. their are several "safe Harbor" rules that make the statement above not true.

...But I'm to lazy to explain.

Hire an accountant.
GinaGalaxy
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Feb 19 2020 05:39PM     link to this

seems like we always have 5k for the feds! left out!

funny how thats the trending number.
RobBlakeFan
Yorba Linda, OC, CA
80 blogs/2161 comments
since Nov 21 2016

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Feb 19 2020 08:53PM     link to this

Pretty sure we all end up in the minus because all these beaurocrats waste money like it's not even theirs. Oh wait, it's not.
GoBallsDeep
Fullerton, OC, CA
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since Dec 12 2019

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Feb 19 2020 09:38PM     link to this

I got my revenge on them revenuers, I made no money last year so paid no taxes!

Downside is I'm hungry and living rough, can i get some fx for food?
There are 17 comments on this blog.