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Post your effective Tax Rate, if you dare.


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#51 SuperMan

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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

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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

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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

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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

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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

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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

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Posted 22 February 2013 - 12:33 AM

and you can tell us about your binders full of women

#58 Carolina Husker

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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

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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

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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.


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