Gold Member BOHICA Posted December 23, 2018 Gold Member Share Posted December 23, 2018 (edited) Tax calculators put me at around $5k less in federal income tax obligations this year vs last. thank you mr President! what did you get extra from trump tax breaks vs 2017? Edited December 23, 2018 by BOHICA Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted December 23, 2018 Share Posted December 23, 2018 I calculated it awhile back, its was a few thousand crumb$ if I remember right. Won't know for sure until our CPA does our taxes in February. Quote Link to comment Share on other sites More sharing options...
NaturallyAspirated Posted December 23, 2018 Share Posted December 23, 2018 Does it match any online calculator? Neal Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted December 23, 2018 Share Posted December 23, 2018 (edited) no idea yet . will not know untill mid to late Jan. Edited December 23, 2018 by Ez ryder Quote Link to comment Share on other sites More sharing options...
Mileage Psycho Posted December 23, 2018 Share Posted December 23, 2018 10 hours ago, BOHICA said: Tax calculators put me at around $5k less in federal income tax obligations this year vs last. thank you mr President! what did you get extra from trump tax breaks vs 2017? More than I would ever disclose on a snowmobile website 2 Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted December 23, 2018 Author Gold Member Share Posted December 23, 2018 (edited) 3 hours ago, NaturallyAspirated said: Does it match any online calculator? Neal 2 calculators match and I go to non itemized now since the standard is greater then my itemized. Withholding tables are going to jack around a alot of people that weren’t prepared or known the impact.... people are going to be pissed is my guess and claim trump fucked them just based on returns or what they have to pay Edited December 23, 2018 by BOHICA Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted December 23, 2018 Author Gold Member Share Posted December 23, 2018 58 minutes ago, Mileage Psycho said: More than I would ever disclose on a snowmobile website That good on savings from the trump tax cuts for your situation? Quote Link to comment Share on other sites More sharing options...
Rod Posted December 23, 2018 Share Posted December 23, 2018 @Mainecat be like “fuck trumps tax cuts!!” *proceeds to take advantage of the tax cuts* Quote Link to comment Share on other sites More sharing options...
1jkw Posted December 23, 2018 Share Posted December 23, 2018 2 hours ago, BOHICA said: 2 calculators match and I go to non itemized now since the standard is greater then my itemized. Withholding tables are going to jack around a alot of people that weren’t prepared or known the impact.... people are going to be pissed is my guess and claim trump fucked them just based on returns or what they have to pay I think your last statement will be the dominate takeaway from the tax cuts. I bet the word of the day will be it only helped the rich. Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted December 23, 2018 Author Gold Member Share Posted December 23, 2018 6 minutes ago, 1jkw said: I think your last statement will be the dominate takeaway from the tax cuts. I bet the word of the day will be it only helped the rich. My last statement is based on just the witholdings. My witholdings based on comparing my last check of 2018 to 2017 there is a HUGE difference on same income. While I got a return last year, I’m paying in this year but my overall tax obligation is way down. People are going to be suprised this year and likely pissed based on smaller returns but if they looked at what they paid overall this year it will be easily less after the dust settles Quote Link to comment Share on other sites More sharing options...
racer254 Posted December 23, 2018 Share Posted December 23, 2018 2 minutes ago, BOHICA said: My last statement is based on just the witholdings. My witholdings based on comparing my last check of 2018 to 2017 there is a HUGE difference on same income. While I got a return last year, I’m paying in this year but my overall tax obligation is way down. People are going to be suprised this year and likely pissed based on smaller returns but if they looked at what they paid overall this year it will be easily less after the dust settles Yep, And you wait at how the media spins it. Quote Link to comment Share on other sites More sharing options...
1jkw Posted December 23, 2018 Share Posted December 23, 2018 2 minutes ago, BOHICA said: My last statement is based on just the witholdings. My witholdings based on comparing my last check of 2018 to 2017 there is a HUGE difference on same income. While I got a return last year, I’m paying in this year but my overall tax obligation is way down. People are going to be suprised this year and likely pissed based on smaller returns but if they looked at what they paid overall this year it will be easily less after the dust settles My bet is very pissed, I think many will think their return should be bigger too. When the big return they are accustom to isn't there and they planned on spending it on x y or z, that's all that will count. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted December 23, 2018 Platinum Contributing Member Share Posted December 23, 2018 🤡 Posse Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member ViperGTS/Z1 Posted December 23, 2018 Platinum Contributing Member Share Posted December 23, 2018 Cant tell year over year this time around. Was out of work with a broken ankle for 3 months this past summer, so my total earnings are way down this year. But my weekly tax break was roughly 60 to 80 more per week.....so I'd say 3 or 4k savings is what I'd get annually...this wasn't just a tax break for the wealthy. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted December 23, 2018 Platinum Contributing Member Share Posted December 23, 2018 11 minutes ago, ViperGTS/Z1 said: Cant tell year over year this time around. Was out of work with a broken ankle for 3 months this past summer, so my total earnings are way down this year. But my weekly tax break was roughly 60 to 80 more per week.....so I'd say 3 or 4k savings is what I'd get annually...this wasn't just a tax break for the wealthy. The fuck it wasn’t you bootlicker You get crumbs and rejoice 1 Quote Link to comment Share on other sites More sharing options...
Legend Posted December 24, 2018 Share Posted December 24, 2018 What is considered wealthy? Or even rich? I guess I really dont know at what level someone is considered wealthy. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member ViperGTS/Z1 Posted December 24, 2018 Platinum Contributing Member Share Posted December 24, 2018 1 hour ago, SnowRider said: The fuck it wasn’t you bootlicker You get crumbs and rejoice Yes I enjoy crumbs like that. Thanks Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted December 24, 2018 Share Posted December 24, 2018 1 hour ago, Legend said: What is considered wealthy? Or even rich? I guess I really dont know at what level someone is considered wealthy. It's all relative to one's own view. Quote Link to comment Share on other sites More sharing options...
Guest Posted December 24, 2018 Share Posted December 24, 2018 No matter what I get for taxes it won't make a dent in what I've lost in the market. Thanks O'Trumpa. Quote Link to comment Share on other sites More sharing options...
The One Posted December 24, 2018 Share Posted December 24, 2018 Just now, Polaris 550 said: No matter what I get for taxes it won't make a dent in what I've lost in the market. Thanks O'Trumpa. Fucking loser!! Quote Link to comment Share on other sites More sharing options...
Guest Posted December 24, 2018 Share Posted December 24, 2018 Just now, The One said: Fucking loser!! Fucking teen-fag. Quote Link to comment Share on other sites More sharing options...
racer254 Posted December 24, 2018 Share Posted December 24, 2018 17 hours ago, 1jkw said: My bet is very pissed, I think many will think their return should be bigger too. When the big return they are accustom to isn't there and they planned on spending it on x y or z, that's all that will count. It's too bad so many people rely on their return as a savings account. Quote Link to comment Share on other sites More sharing options...
Snoslinger Posted December 24, 2018 Share Posted December 24, 2018 3 minutes ago, racer254 said: It's too bad so many people rely on their return as a savings account. why is that too bad? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted December 24, 2018 Platinum Contributing Member Share Posted December 24, 2018 1 minute ago, Snoslinger said: why is that too bad? Because Doe Dumber prefers the extra $10.50/week Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted December 24, 2018 Platinum Contributing Member Share Posted December 24, 2018 17 hours ago, 1jkw said: My bet is very pissed, I think many will think their return should be bigger too. When the big return they are accustom to isn't there and they planned on spending it on x y or z, that's all that will count. People do just look at the end number. When I did my employees christmass bonuses I just had payroll co deduct ss and med. No taxes. They believe they got a bigger bonus. Quote Link to comment Share on other sites More sharing options...
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