who got their tax refund?

[KentState]

I'm still short a couple documents. Typically, Sharebuilder doesn't post it's 1099 forms until mid-February.

 

[Atty]

Still waiting on stuff. Changed jobs half way through the year, the new job sent me my W2's but my old one hasn't yet. Not sure what I need to collect for my investments either, since I started investing in stocks for my company (through my company, we get discounted rates and buying periods so not sure if I get paper work for that) and I now have a 401K that I've built up (only 22, so I started young...or late?) so I'm wondering where and when I get stuff from that.

Then I'm pretty sure I get paper work from my schools and from my college tuition fund that I have set up.

I'm expecting about a thousand back. That's what I've always gotten, although I made more last year, so I'm not sure how it'll work out.

 

[amddude]

I know it is for Wednesday but after the ACH transfer delay it will be Friday.

Honest question, why would I have gotten mine early last year?

 

[EagleKeeper]

Still waiting on stuff. Changed jobs half way through the year, the new job sent me my W2's but my old one hasn't yet. Not sure what I need to collect for my investments either, since I started investing in stocks for my company (through my company, we get discounted rates and buying periods so not sure if I get paper work for that) and I now have a 401K that I've built up (only 22, so I started young...or late?) so I'm wondering where and when I get stuff from that.

Then I'm pretty sure I get paper work from my schools and from my college tuition fund that I have set up.

I'm expecting about a thousand back. That's what I've always gotten, although I made more last year, so I'm not sure how it'll work out.

401K will get handled by the employer - line item on the W2,

Unless you sold investments, no paperwork required - but you need to keep track of purchases for later on. If the company is using some type of broker; they will provide you with statements.

 

[AMDMaddness]

Honest question, why would I have gotten mine early last year?

Your bank rocks more than mine?

 

[Zargon]

Why do people enjoy giving the goverment a free loan? It's your money, adjust your withholdings such that you only overpay a little bit. i do the same thing, but for different reasons:

Side consulting business (that is a sole proprietorship) + etsy/ebay/dividend income that I pay income tax out of my main job and my wifes tax refund each year. Claim married, withhold at higher rate, 0 exemptions - it comes out to be a wash.

I do sporadic consulting along with my regular gig. this year I will get hopefully 3-4K back, paid 2000 last year, 12 back the year before(got married, bought house with homebuyer credit and a ton of energy efficient cash ins)

I'd rather get a small check than write a big one. one less thing to worry about when balancing the budget every few weeks


I'm hoping to get my last W2 this week, my main employer is SLOW.

 

[Fritzo]

lol I haven't even received my W2 yet.

Same here.

Our payroll officer's sister was murdered last week though, so I'm cutting him some slack

 

[Atty]

401K will get handled by the employer - line item on the W2,

Unless you sold investments, no paperwork required - but you need to keep track of purchases for later on. If the company is using some type of broker; they will provide you with statements.

Broker for the 401k or stocks? Stocks are through the company (although I think we partner with eTrade?) and the 401k is through Charles Schwab.

 

[rh71]

haven't had car debt ever. The only debt is the mortgage and some that we used to do the dormer. We never really get that much back though.

 

[Phoenix86]

I made about $50K more than I expected this year. No refund for me, I think I'm going to owe a lot .

Sounds rough.

 

[EagleKeeper]

Broker for the 401k or stocks? Stocks are through the company (although I think we partner with eTrade?) and the 401k is through Charles Schwab.

Broker will be for the stocks. If you sold them you will get a statement from them.

Most companies will have a brokerage to support the internal stock distribution. Either way, you should get a statement at the end of the year, stating how many shares purchased for you and the date of purchase. Most time, either the actual price or the discounted price will be provided on the staement. It is that information that you need to hang onto for when you sell those shares.

401K is tax free until you start to use it; then it becomes taxes as normal income at the time except for special cases of early withdrawel.

 

[EagleKeeper]

Same here.

Our payroll officer's sister was murdered last week though, so I'm cutting him some slack

They have until the 31st to get it out anyhow.

 

[hclarkjr]

i am supposed to get mine tomorrow

 

[AMDZen]

I'm still short a couple documents. Typically, Sharebuilder doesn't post it's 1099 forms until mid-February.

Uhhhhhhh, you can get it online right now

I downloaded mine a while ago.

Still waiting on my work W2 though

 

[WhoBeDaPlaya]

Getting 3k back. Life is good

 

[zinfamous]

Lot of Ned Flanders's in this thread.

 

[apac]

then you better make your estimate tax NOW. IRS doesn't like it when you owe them too much.

I'll be doing my taxes as soon as I get my 2nd W2, but I won't owe the full taxes on that amount. All of my income had taxes withheld, but (unless I'm mistaken) the companies estimate what % to withhold based on your W4 and your salary. I'm guessing I'll owe several thousand dollars since the withholding will be very under estimated.

BTW- most of the extra $$ is due to a large, lump sum severance.

 

[The-Noid]

Not me!

 

[EagleKeeper]

I'll be doing my taxes as soon as I get my 2nd W2, but I won't owe the full taxes on that amount. All of my income had taxes withheld, but (unless I'm mistaken) the companies estimate what % to withhold based on your W4 and your salary. I'm guessing I'll owe several thousand dollars since the withholding will be very under estimated.

BTW- most of the extra $$ is due to a large, lump sum severance.

If taxes were withheld from the severance, you should be OK

 

[apac]

If taxes were withheld from the severance, you should be OK

They were. But, since with all combined income I entered a new tax bracket, that wouldn't have been accounted for in the withholding %, correct?

 

[shortylickens]

I just got my college form yesterday. Arent they supposed to have that to me by the 14th?

 

[Imported]

Still waiting for the W2..

 

[EagleKeeper]

They were. But, since with all combined income I entered a new tax bracket, that wouldn't have been accounted for in the withholding %, correct?

Tax on Severance/bonus is supposed to be withheld at the highest tax bracket as if that was the income every pay period.

 

[ultimatebob]

Bah... I won't even get my 1099's from my broker until the end of February. Bastards.

 

[HeXen]

I didn't even open my w2 yet. I'll wait till After first week of April like I always end up doing.
I hate doing taxes anyway. I file single which means i get to watch all the ghetto moms who don't work rake in thousands out blowing it all at Walmart as I use up all mine plus some cash just to replace my work boots.....it makes sense though when I think, I'm in America,