How much was your actual tax bill in 2011?

[Zombie]

Well I found out that when you marry and get a ready made family (step Children) I went from owing an extra 1-5k to getting a refund of more than I payed in. Im pretty sure that wont be happening again next year as the job move I just made pretty much doubled my yearly bring home.

I had been there..having 3 step kids on taxes with previous credits while I was making less. This year when we filed we had gone up enough truly our tax refund was cut in half - then DHS reached in for child support that was just paid off and took well over half of that.

 

[gl55]

Getting back more than you paid in is welfare IMO. Wealth redistribution as Obama likes to call it. I don't care how many kids you have. Everyone that has income should pay in something.

Haven't done my taxes yet so I don't know yet. Trying to get them done by tomorrow midnight.

 

[PUMPKIN]

Dirtbag makes 678.00 and the same dirt bag gets 4800.00 back. Says the.h&r block paperwork left out while cooking dope.......

 

[dru]

When I chose my answer, I included all payroll taxes. If it was a tax that came directly off my check then I included it although I did subtract off my overpayment from that amount. if you really wan't to make your blood boil, don't tell yourself that you only pay 6.2% (4.2% this year) in social security taxes, but that you pay 12.4% (10.4% this year) in social security taxes since your employer also pays a 6.2% tax on your wages and it is generally accepted by economists that were businesses not paying that tax, they would be paying it to you. Same story for medicare 1.45% each = 2.9% total.

So even if you are in the 10% federal income bracket, by the time you are done with federal income and payroll taxes alone and assuming you have wages (not royalties, or interest, etc.) you are paying around 25% of your in the form of taxes. and we haven't even gotten to the state's taxes yet!

 

[tRidiot]

...and some of us are "self-employed" and pay that share off the top. So it's not even a "hidden" tax paid by the employer, but paid directly by us. <sigh> So it's that much more noticeable.

 

[okwarren]

Income tax bill was around $1600. I'm po'!

It's okay though. I just got a new job and now my tax bill will be bigger next year!

 

[AKguy1985]

I live in a van down by the river.




just kidding

 

[aeropb]

900 bucks

 

[stuart646]

Pfft! Income TAXES! I would gladly pay 20% if they would take the taxes off my fuel!! food!!! and property!!!! ~SMH

 

[tntrex]

More than our "fair" share.