afmod1 Posted March 9, 2019 Report Posted March 9, 2019 I owe $6800 this year in taxes.. damn... thats huge.. me n my spouse combined income is $138550 and it says we owe 6150 federal and 650 in state.. taggichey margam emayina unda?? how you guys did your taxes.. I used TurboTax Premier... @Spartan @k2s @Quickgun_murugan @tacobell fan and all tax experts.. Quote
Quickgun_murugan Posted March 9, 2019 Report Posted March 9, 2019 31 minutes ago, afmod1 said: I owe $6800 this year in taxes.. damn... thats huge.. me n my spouse combined income is $138550 and it says we owe 6150 federal and 650 in state.. taggichey margam emayina unda?? how you guys did your taxes.. I used TurboTax Premier... @Spartan @k2s @Quickgun_murugan @tacobell fan and all tax experts.. Yeah nenu kuda almost $6k daaka kattali.. check your W4 and change no. of exemptions to lower .. best is 4 for married with 2 dependents Quote
tacobell fan Posted March 9, 2019 Report Posted March 9, 2019 unless you want to risk and file itemized deducations there’s no escape. Lot of single guys taking risk. Audit padithe interest tho saha repay chepistaru. Naa colleauges ki after 10 years IRS audits vachayi. Random ga they will pick. Test your luck. Quote
afmod1 Posted March 9, 2019 Author Report Posted March 9, 2019 4 hours ago, tacobell fan said: unless you want to risk and file itemized deducations there’s no escape. Lot of single guys taking risk. Audit padithe interest tho saha repay chepistaru. Naa colleauges ki after 10 years IRS audits vachayi. Random ga they will pick. Test your luck. Itemized deductions cheste amount tagguthada? TurboTax lo aa option unda bro ? kontha amounts varaku receipts chupettakkarledanukunta kada ? Quote
netflixmovies Posted March 9, 2019 Report Posted March 9, 2019 7 hours ago, afmod1 said: I owe $6800 this year in taxes.. damn... thats huge.. me n my spouse combined income is $138550 and it says we owe 6150 federal and 650 in state.. taggichey margam emayina unda?? how you guys did your taxes.. I used TurboTax Premier... @Spartan @k2s @Quickgun_murugan @tacobell fan and all tax experts.. How much fed did you pay last year ? Quote
nokia123 Posted March 9, 2019 Report Posted March 9, 2019 8 hours ago, afmod1 said: I owe $6800 this year in taxes.. damn... thats huge.. me n my spouse combined income is $138550 and it says we owe 6150 federal and 650 in state.. taggichey margam emayina unda?? how you guys did your taxes.. I used TurboTax Premier... @Spartan @k2s @Quickgun_murugan @tacobell fan and all tax experts.. combined is 138K? can you break it down...just curious thagginche margam emi ledhu....nuvuv picchi lekkalu cheppi prayatnam cheyyocchu...kaani pattkunte vaachipoddhi... uttamamaina pani emiti ante..next time nee declaration change cheyyi I9 form lo ekkuva tax evry month cut ayyettu gaa...so that last lo katte pani undadhu Quote
afmod1 Posted March 9, 2019 Author Report Posted March 9, 2019 13 minutes ago, nokia123 said: combined is 138K? can you break it down...just curious thagginche margam emi ledhu....nuvuv picchi lekkalu cheppi prayatnam cheyyocchu...kaani pattkunte vaachipoddhi... uttamamaina pani emiti ante..next time nee declaration change cheyyi I9 form lo ekkuva tax evry month cut ayyettu gaa...so that last lo katte pani undadhu Nadi 95k , spouse last August lo started working and stopped this Jan ( so oka 6 months ki 40k) combined around 136 ayindi Quote
netflixmovies Posted March 9, 2019 Report Posted March 9, 2019 Fed anta kataro sepandi saami. Loop holes em lev..enta katalo anta katali. Aa loop holes anni musadu tatha. Oka manchi pani sesundu thata. Lekapothe dabbulu sampadichi, taxlu kuda sampadidam ane bapathi manollu itemized chese vaalaki..tatha bottomsup tho paatu pachadi kuda nakistadule. Quote
Peter123 Posted March 9, 2019 Report Posted March 9, 2019 you could do itemized abouve 12k, but to even reach 12k its very hard, the max you could get to reach for itemized is 12k with all added, but beyond that it'd be a red flag and you might have to repay the whole amount later to them with intertest. Quote
afmod1 Posted March 9, 2019 Author Report Posted March 9, 2019 30 minutes ago, Peter123 said: you could do itemized abouve 12k, but to even reach 12k its very hard, the max you could get to reach for itemized is 12k with all added, but beyond that it'd be a red flag and you might have to repay the whole amount later to them with intertest. 12k varaku you should be good ... normally irs neeku pay chestey flag highlight aythadi ... Nuvvu owe untey picha lite .. they don’t care much Quote
Spartan Posted March 9, 2019 Report Posted March 9, 2019 Fed tax enta kattaru iddaru kalisi..adi cheppu. Quote
Peter123 Posted March 10, 2019 Report Posted March 10, 2019 7 hours ago, afmod1 said: 12k varaku you should be good ... normally irs neeku pay chestey flag highlight aythadi ... Nuvvu owe untey picha lite .. they don’t care much Thats what i said Yo... no matter you owe or not, more than 12k you under flag, itemized aint easy as it used to be,,not anymore.... Quote
Dimpy123 Posted March 10, 2019 Report Posted March 10, 2019 7 hours ago, Spartan said: Fed tax enta kattaru iddaru kalisi..adi cheppu. Akkada mentioned kada 6150 ani Quote
netflixmovies Posted March 10, 2019 Report Posted March 10, 2019 3 minutes ago, Dimpy123 said: Akkada mentioned kada 6150 ani we owe 6150 federal and 650 in state.. enta pay sisnaro chepala Quote
ShwethaNaidu Posted March 10, 2019 Report Posted March 10, 2019 22 hours ago, afmod1 said: I owe $6800 this year in taxes.. damn... thats huge.. me n my spouse combined income is $138550 and it says we owe 6150 federal and 650 in state.. taggichey margam emayina unda?? how you guys did your taxes.. I used TurboTax Premier... @Spartan @k2s @Quickgun_murugan @tacobell fan and all tax experts.. Eat more and pay less taxes Quote
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