Getting back $1,500 combined Federal and State. Woot woot...strippers and coke here I come.

2/11/2010 2:58:32 PM

chart was dead on for refund deposit

2/12/2010 7:08:19 AM

I filed for the 8k new home buyer credit and I didn't mail in my properly executed settlement statement with my return.

Anyone else do this? I guess I should have read all the fine print but my tax software did not make it apparent that extra paperwork was necessary.

Either way I am going to call them, but have you guys just been waiting for the request to provide it or sending it along after you realized it was required?

2/12/2010 8:54:51 AM

fuck you government. i owe 700

2/12/2010 10:03:28 AM

^that's probably not a bad thing assuming you paid at least $7000 in taxes last year. That means you got a free loan from uncle sam. If you paid less than $7000 in taxes, then uncle sam will assrape you and your family with penalties

2/13/2010 3:47:34 AM

So, I received my federal refund yesterday via direct deposit -- I was expecting $417 after finishing with Turbo Tax -- they deposited $663.

Any advice? I'm sure I am probably supposed to report it somewhere, just can't track it down with my leet google skills.

I could probably not say anything, but I have a feeling at some point in the future when they realize the mistake they would take back the difference and potentially charge me interest.

2/13/2010 1:06:04 PM

take a look at the copy of the 1040 you submitted. the refund amount is on line 72&73a. if you submitted a 1040ez its on there near the bottom (don't know what line).

2/13/2010 1:30:58 PM

The saved PDF version of my return also shows $417 as my Federal refund amount.

2/13/2010 1:34:22 PM

So..if I got a raise last year, why would they be taking out LESS of my federal withholdings if my withholdings didn't change?

They did that on both the wife and my return, and now we owe a fucking $2,700 dollars to the feds

2/14/2010 11:10:59 AM

This is apparently a trend. The only explanation some of the accountants I talked to could come up with was that it was an attempt to stimulate the economy by providing citizens with additional revenue during the year. Of course, then you get hit with the tax bill at the end of the year.

A lot of people simply don't pay attention to their withholding (guilty as charged) and / or assume adjustments in withholding are based on tax cuts.

2/14/2010 11:32:24 AM

So they "give you more of your own money" just so they can tax it all again at the end of the year?

brilliant.

2/14/2010 11:43:28 AM

Quote :

"I filed for the 8k new home buyer credit and I didn't mail in my properly executed settlement statement with my return ... Anyone else do this? "

Yes, trying to call had poor results. Go see them in person, Wake Forest Road, exit 10 off 440. Bring all of your paperwork with you and something to read. Kinda like the DMV where you show up, take a number, and then wait for your number to get called. I got mine resolved pretty quickly this way and was out after about an hour (showed up when they opened)

[Edited on February 14, 2010 at 12:34 PM. Reason : .]

2/14/2010 12:33:33 PM

regarding the Making Work Pay credit, this is the response I got from TaxAct customer service

Quote :

"This is a two part credit. The reduced withholdings gave you more in your checks in the spring of 2009. The IRS did not want to rewrite the tax table to reflect the new withholdings, so they balanced it out with the 'making work pay' credit on the tax return."

2/15/2010 10:10:41 AM

Regarding the conflicting reports ITT of what is necessary to get the FTHBC and/or what needs to be included for your submission to be accepted and refund expedited, here is my experience: I bought a house in July. Two weeks after closing I filed for the 8K credit using a 1040X on my 2008 return. I only included the explicitly requested forms. In November I got a request from the "examinations department", i.e. audit, asking for the closing statement or any combination of other papers which spoke to my identity, identity of the seller, closing date, etc. I quickly returned the requested information. I received the 8k, with a few hundred in interest, this past Friday. I would imagine that if one was in line to be audited as I was, your entire return, not just the 8k, would be similarly held up.

[Edited on February 15, 2010 at 5:43 PM. Reason : ]

2/15/2010 5:42:03 PM

^

This is why I encouraged you all to include those other documents when you intially file. Almost everyone of the 8k homebuyer credits is being examined. Unfortunately, there was initially a ton of fraud with the credit and they have gotten ultra strict.

People are easily waiting 6 months for what should be at most a 6 week process.

2/15/2010 6:06:48 PM

Quote :

"So..if I got a raise last year, why would they be taking out LESS of my federal withholdings if my withholdings didn't change? They did that on both the wife and my return, and now we owe a fucking $2,700 dollars to the feds"

http://hubpages.com/hub/Federal-Payroll-Tax-Withholding-Table-for-2009--2010

2/15/2010 6:33:49 PM

I made LESS money last year and I OWE?

WTF

2/15/2010 6:51:10 PM

going to school until August and getting a job after that equaled a 1.5% overall tax rate for me

I have never gotten this much back.

2/15/2010 7:50:46 PM

I have a question regarding filing a North Carolina income tax return (Form D-400) as a part-year resident. I moved out of North Carolina during 2009. I am married, filing jointly. Do I have to provide a copy of my 2009 1040?

2/18/2010 11:53:57 AM

Quote :

"Nonresidents and Part-Year Residents You are considered a nonresident if you are legal resident of another state. A nonresident is required to report income received from services performed in North Carolina or from tangible property located in this state. You are a part-year resident if you moved to North Carolina and became a resident during the tax year or you moved out of North Carolina and became a resident of another state. Part-year residents are required to report all income received while a resident as well as from services performed in North Carolina or from tangible property located in this state. You must include a copy of your federal income tax return if your federal return does not show a North Carolina address. If you filed a joint federal return and one of you was a nonresident of North Carolina who had no North Carolina taxable income, you may file a joint State return. However, you still have the option of filing your State return as married filing separately. If you choose to file a separate North Carolina return, you must complete either a federal return as married filing separately reporting only your income, deductions, and exemptions, or a schedule showing the computation of your separate federal taxable income and attach it to your North Carolina return. You must also include a copy of your joint federal return unless your federal return reflects a North Carolina address. Part-year residents who receive income from sources in another state or country while they are North Carolina residents which is taxed by another state or country may be eligible to a claim a tax credit. Nonresidents are not entitled to tax credits for taxes paid to another state or country. To order the form D-400, D-400TC and instructions, call 1-877-252-3052 or the forms may be obtained from a service center or from our Order Forms page. "

http://www.dornc.com/taxes/individual/resident.html

2/18/2010 12:42:40 PM

I'm a dumbass.

I was so caught up about getting everything correct with a new sole proprietorship that I started this year, that I completely forgot about an extra W-2 for a bar that I worked at early last year. I've already filed and should be getting my return back pretty soon. Should it be difficult to go back and add the W-2??

2/18/2010 12:55:17 PM

Wait until you get your refund and everything and then file a 1040X. You'll have to snail mail it because they don't do e-file for ammended returns, it will also take much longer to get the additional refund (assuming it works out that way). If you end up having to pay for whatever reason, then I think you're ok as long as you send it before April 15th (after which there is a penalty).

http://www.irs.gov/pub/irs-pdf/i1040x.pdf

http://www.irs.gov/pub/irs-pdf/f1040x.pdf

2/18/2010 1:09:09 PM

$4k back holla!!

2/18/2010 1:11:51 PM

^x4 gracias

2/18/2010 1:17:10 PM

^^^Just did it real quick on turbotax...and here is my only question:

My refund increased by a couple hundred bucks or so. I haven't gotten my first refund check in, but it should be getting in pretty soon. Will they send me a check with the difference or a new check with the whole total? Because as I was doing my addendum, it had the whole total on there.

2/18/2010 1:21:06 PM

It looks like they changed the format for the 1040X for this year. I did one last year (fthb credit) and the form seemed easier than this (there were columns, one for old amounts, one for new amounts). They send you a check for the difference.

If you look at the PDF line 17 of 1040x reads "Overpayment, if any, as shown on original return" which would be your original refund amount. If you look at the calculations line 20 (and 21) should equal the difference:

(New total federal tax withholdings [line 16]) - (Overpayment [original refund, 1040 line 72, 1040x line 17]) - (new total tax liability [line 10]) = couple hundy new refund [line 20]

[Edited on February 18, 2010 at 2:46 PM. Reason : ]

2/18/2010 2:45:20 PM

Got it. Thanks.

2/18/2010 2:50:58 PM

Does this plane crash a/e ffect any refunds?

2/18/2010 3:58:18 PM

I frankly wondered the same. Like suddenly the IRS realizes that this guy can't be alone in his train of thought.

2/18/2010 4:06:56 PM

ugh i OWE 3900 to NC and I have to pay quarterly estimated taxes this year. Crap

2/18/2010 9:28:16 PM

I got my first-time homebuyer money in the mail today!!!!

Yay!!! There is hope! Now maybe I'll do my taxes and get a refund!

2/22/2010 5:42:36 PM

^congrats, how long did it take you?

2/22/2010 7:31:29 PM

Gettin' 3 G's! W00t!

2/22/2010 7:33:54 PM

8200 back! yeah baby lydia you are awesome in one more way!

2/22/2010 9:19:43 PM

160 federal, 550 state

weakest year ever

2/22/2010 10:17:56 PM

^^^^ 5 months

unfortunately it looks like i will owe 2k. Well, at least i'm still in the positive.

[Edited on February 28, 2010 at 6:41 PM. Reason : ]

2/28/2010 6:37:52 PM

How long does it take to get a state return? I filed on 2/26 and got a confirmation on 3/1 that my state return had been accepted. Got my federal return on 3/12.

DAMN YOU, BEV PERDUE!!! I'M GOING TO COME DOWNTOWN AND KICK YOU IN THE CUNT!

3/27/2010 11:01:47 AM

That's about when I filed and got mine back two weeks ago. How much were you getting back?

3/27/2010 2:33:59 PM

$552

3/27/2010 7:38:04 PM

$8105

3/27/2010 8:49:08 PM

Quote :

"$4k back holla!!"

Jesus Christ, fix your withholdings!

3/27/2010 8:55:37 PM

Quote :

"How long does it take to get a state return? I filed on 2/26 and got a confirmation on 3/1 that my state return had been accepted. Got my federal return on 3/12."

I sent my state return with delivery confirmation. It was delivered on 2/1/10 and I still don't have my refund.

3/27/2010 9:38:40 PM

Quote :

"How long does it take to get a state return? I filed on 2/26 and got a confirmation on 3/1 that my state return had been accepted."

I e-filed mine mid-Feb and just got my state refund. WRAL had an article on this and said the state was going to do everything to get them out by mid/late May. Otherwise, state has to start paying interest on the refunds.

3/28/2010 7:16:41 AM

Thanks for the info! Hopefully I won't have to wait until May, but we'll see.

Quote :

"state has to start paying interest on the refunds"

Lol. Is the state borrowing money from foreign governments now too?

3/28/2010 1:40:25 PM

I e-filed 2/13, NC accepted 2/16 and my $541 refund was deposited into my bank account last Tuesday (3/23), exactly 5 weeks after it was accepted.

3/29/2010 10:45:56 AM

sent my federal return with the housing credit in early March. Had the refund deposited on 3/26.

Only sent in a copy of the HUD like the directions say and didn't hear anything about needing more info.

4/5/2010 10:01:26 PM

my wife and I just closed on our house. I guess we need to amend our taxes with form 5405 and the HUD statement now and get some of that $$

4/6/2010 9:46:17 AM

Waiting till the last minute to file since I owe this year.

[Edited on April 7, 2010 at 11:10 AM. Reason : ]

4/7/2010 11:08:28 AM

owe half as much as i thought i would

4/7/2010 11:24:35 AM

Actually you owe 58.33% as much as you thought you would.

4/7/2010 11:28:06 AM