Jump to content





Photo
- - - - -

Post your effective Tax Rate, if you dare.


This topic has been archived. This means that you cannot reply to this topic.
125 replies to this topic

#46 thefuzz

thefuzz

    coppin a feel

  • Joined: 12-December 08
  • posts: 9,180
  • Reputation: 1,442
SUPPORTER

Posted 14 February 2013 - 02:10 PM

those in nc. have you seen your taxes jump? by like alot? mine doubled and nothing has really changed. maybe i shouldn't be doing my taxes while watching Duke vs Carolina....



No, no, no....it's only the rich that are going to be taxed more...duh.

#47 Davidson Deac II

Davidson Deac II

    Senior Member

  • Joined: 24-November 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 18,045
  • Reputation: 1,504
HUDDLER

Posted 14 February 2013 - 06:30 PM

No, no, no....it's only the rich that are going to be taxed more...duh.



Pstall is rich. :)

#48 SuperMan

SuperMan

    I'm always holding back.

  • Joined: 12-December 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 2,265
  • Reputation: 141
HUDDLER

Posted 19 February 2013 - 04:37 PM

Mines based mostly off being a sales manager at a large dealership.... Jan-nov.

Made 123k Gross....

27% tax rate.

#49 pir8fan05

pir8fan05

    Member

  • Joined: 01-December 08
  • PipPipPipPip
  • posts: 104
  • Reputation: 5
HUDDLER

Posted 20 February 2013 - 08:11 PM

Havent done this year's yet but for 2012
S
0
Effective federal rate: 16.2%
I made about 25% more this year, though (but have 8 months of mortgage interest to claim now). We'll see

#50 MadHatter

MadHatter

    The Only Voice of Reason

  • Joined: 30-November 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 20,111
  • Reputation: 5,626
HUDDLER

Posted 20 February 2013 - 08:33 PM

Mines based mostly off being a sales manager at a large dealership.... Jan-nov.

Made 123k Gross....

27% tax rate.


Bet you are dividing the tax by taxable income...not gross income. Because if you are paying 27% of your gross pay in just Federal taxes, you are likely doing something wrong.

#51 SuperMan

SuperMan

    I'm always holding back.

  • Joined: 12-December 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 2,265
  • Reputation: 141
HUDDLER

Posted 20 February 2013 - 10:57 PM

Bet you are dividing the tax by taxable income...not gross income. Because if you are paying 27% of your gross pay in just Federal taxes, you are likely doing something wrong.


That was a turbo tax preview, and I do believe I entered something wrong somewhere along the way between a couple of 1099 forms I have and several hundred work related deductions...
(I keep track of everything from gas to cell phone bills that are work related).

#52 MadHatter

MadHatter

    The Only Voice of Reason

  • Joined: 30-November 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 20,111
  • Reputation: 5,626
HUDDLER

Posted 21 February 2013 - 06:17 AM

That was a turbo tax preview, and I do believe I entered something wrong somewhere along the way between a couple of 1099 forms I have and several hundred work related deductions...
(I keep track of everything from gas to cell phone bills that are work related).


I was not insulting you...hope it did not come across that way.

I would just review everything again because the rate seems excessively high.

#53 SuperMan

SuperMan

    I'm always holding back.

  • Joined: 12-December 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 2,265
  • Reputation: 141
HUDDLER

Posted 21 February 2013 - 10:43 AM

I was not insulting you...hope it did not come across that way.

I would just review everything again because the rate seems excessively high.


I didn't take it that way, I hadn't done my taxes yet when I saw this thread I definitely had a typo when I did it....

Effectively it will be around 17-18% this is as a single man, (engaged but not yet married as of 2012).

#54 MadHatter

MadHatter

    The Only Voice of Reason

  • Joined: 30-November 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 20,111
  • Reputation: 5,626
HUDDLER

Posted 21 February 2013 - 09:02 PM

I didn't take it that way, I hadn't done my taxes yet when I saw this thread I definitely had a typo when I did it....

Effectively it will be around 17-18% this is as a single man, (engaged but not yet married as of 2012).


Sounds about right.

#55 twylyght

twylyght

    The picture of how I care

  • Joined: 04-December 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 3,188
  • Reputation: 432
HUDDLER

Posted 21 February 2013 - 11:40 PM

I notice a distinct lack of certain people posting their information to this thread. Again, expected

#56 Delhommey

Delhommey

    Moderator

  • Joined: 24-November 08
  • posts: 12,742
  • Reputation: 2,427
Moderators

Posted 22 February 2013 - 12:14 AM

Sorry, I was raised in a South where it wasn't polite conversation to talk publically about what you make.

I make more than some, less than others. I get deductions for charitable donations and use things like 401k's and HSA's. If you want to know more than that you can marry me or offer to do my taxes.

#57 twylyght

twylyght

    The picture of how I care

  • Joined: 04-December 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 3,188
  • Reputation: 432
HUDDLER

Posted 22 February 2013 - 12:33 AM

and you can tell us about your binders full of women

#58 Carolina Husker

Carolina Husker

    I hate football

  • Joined: 24-November 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 10,537
  • Reputation: 394
HUDDLER

Posted 24 February 2013 - 01:21 AM

If you want to know more than that you can marry me or offer to do my taxes.


Done and done.

#59 Chimera

Chimera

    Not Bant

  • Joined: 11-November 09
  • PipPipPipPipPipPipPipPipPip
  • posts: 11,851
  • Reputation: 2,752
HUDDLER

Posted 08 March 2013 - 12:43 AM

Mine will probably change. Apparently I did a Tim Geithner on my 2011 return. I got a letter from the IRS saying I owe $1500. I probably made the same mistake this year...

#60 thefuzz

thefuzz

    coppin a feel

  • Joined: 12-December 08
  • posts: 9,180
  • Reputation: 1,442
SUPPORTER

Posted 18 March 2013 - 04:37 PM

Looks like I will be around the 20% this year, years past it was more.

I wonder what that number looks like if you factor in every tax that we pay?

That's the big question.