Taxes

[kak125]

Originally Posted by estranged4life

before Debbie passed, we always got about $600-$700 every year, just by claiming "joint married at a higher amount" on our tax papers provided by work. Hell, we were both would've been happy to not have to pay taxes even if it meant no refund...And we never paid taxes one single time to either state or federal, always a refund.

Only thing that annoyed me tax wise since her death was the IRS LOSING all my paperwork last year I mailed in for the "First Time Homeowner Credit"...Instead of having the refund by the usual time of the beginning of March - it was the first week in JUNE!

I received a letter from the IRS in November stating that if I moved from the residence (Within the next 3 years) I claimed on the credit I would have to payback the amount of the credit...Gee, if one pays off their 'mortgage' doesnt that sometimes mean they're planning on STAYING in the home?


On the positive/humourous side of taxes - I was trying to decided in December 2010 if I needed to split my "property tax" for the home into 2 payments (Which is an option in the county I live in - One payment before December 31,2010 and the other is due before March 31,2011) but decided "why split a tax bill of $12.84 into 2 payments?"

yeah we both claim 0 but we didnt choose the withhold at higher single rate option. i tried that once when i first started working at pitt but they ended up taking an extra $400 a month in federal and that was just way too much. i was really shocked this year to not get any money back since you figure our mortgage interest was around 10k alone. we gave some money to charity and donated stuff and things like that so i was really expecting a nice refund. $347 isnt much to owe thats for sure but its just odd to have to owe when we are getting so much taken out of our paychecks.
that is crazy about the IRS losing paperwork for the first time homebuyers credit but i have heard about that happening more than once thats for sure. i think they purposely say they lost it or something. that is crazy to know that you would have to pay that money back if you sold your house in 3 years. thats so stupid especially since you paid off your house, ha! idiots!
wow now that is some seriously low propery taxes!!! awesome! i thought that the $1354 a year i was paying was low -ha ha!! sweetness.