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Author Topic: Income tax time  (Read 9050 times)

Random Hero

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Re: Income tax time
« Reply #30 on: January 26, 2012, 12:28:48 AM »

Electric water heaters are garbage. I've installed a couple, they can't even keep up with showers. But i did a 210K BTU tankless last week, that thing is beast! 2 people showering no problem, and its yearly cost is "271" dollars as stated on the machine. 1300 installed is what I charged

No lower cover on yet in this pic

ironcrx

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Re: Income tax time
« Reply #31 on: January 26, 2012, 12:41:32 AM »

getting $1300.  All of its going into helping cover closing costs  O0
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HiProfile

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Re: Income tax time
« Reply #32 on: January 26, 2012, 12:49:00 AM »

You mean "271" is on the yellow energy guide sticker? My 2011 50gal gas powervent is $272, but this was installed by my cousin who got it from his plumbing business. The funny part is the sticker's range is $285-$331, so it doesn't even show up.


I'll probably get a decent amount since my tax payment posted dec 31st (damn escrow), so I'll probably spend it all on more injector cores. Bigger cores.
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Jorsher

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Re: Income tax time
« Reply #33 on: January 26, 2012, 12:57:20 AM »

Electric water heaters are garbage. I've installed a couple, they can't even keep up with showers. But i did a 210K BTU tankless last week, that thing is beast! 2 people showering no problem, and its yearly cost is "271" dollars as stated on the machine. 1300 installed is what I charged

No lower cover on yet in this pic


Will be getting one whenever I get around to building a house, whenever I finish paying off the car...  Between the car/rent should free up around $1000/mo, and should have better credit score by then for lower payment, and should be making more moneys...

Sis has a propane tankless water heater in her house.  Works great and I'm sure is a lot cheaper than keeping water heated 24x7 even though it's only used an hour or two a day...  Only problem is the gas company that fills it sucks.
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Random Hero

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Re: Income tax time
« Reply #34 on: January 26, 2012, 01:18:32 AM »

They are nice, but they are pricey. My cost on this unit from a friend that builds houses was 1150, just for the unit, then it takes special tankless valves with drains. plus plumbing and you HAVE to run 3/4" for the gas line and its gotta be within 50' of the meter, or you have to run 1' lines.

I believe retail on this unit is 1900. not positive tho.

I want to sell my Bradford White hot water heater I just installed, got it for free but its a 1400 dollar unit. and pick up a tankless.

turbob16hatch

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Re: Income tax time
« Reply #35 on: January 26, 2012, 01:59:46 AM »

 I have been waiting to buy my new car till i get my return back. Getting a corvette.  :noel:
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Urban Indian

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Re: Income tax time
« Reply #36 on: January 26, 2012, 03:36:28 AM »

I was looking at purchasing a tankless electric water heater or a gas one since I have 2 showers in my house.


I'll be looking into a gas unit now I guess.



Also, I now have a job on reserve land and do not pay tax.
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malichite

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Re: Income tax time
« Reply #37 on: January 26, 2012, 10:42:51 AM »

Not sure what I am getting back yet.  I am expecting 6-7k.  Probably getting springs, shocks and brakes for the CRX a new laptop. 
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Random Hero

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Re: Income tax time
« Reply #38 on: January 26, 2012, 08:37:28 PM »

I was looking at purchasing a tankless electric water heater or a gas one since I have 2 showers in my house.


I'll be looking into a gas unit now I guess.



Also, I now have a job on reserve land and do not pay tax.


make sure you get atleast 190k btu

ratcityrex

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Re: Income tax time
« Reply #39 on: January 26, 2012, 10:07:06 PM »

Well Just ran our w2's and the 1098 through turbo tax free, and its looks like $4300. Paying of the credit card, and going on vacation!

We also refinanced our house and it closed last week so We dont have a morgage payment for the month of feb. So I payed off our car yesterday (14 months early) and a credit card that had a small balance. Feels good to be almost debt free! Besides the house.
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Teg2boo

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Re: Income tax time
« Reply #40 on: January 26, 2012, 10:49:16 PM »

I "should" get 6-7k this year because of school credit. I need to buy house things since my gf paid the 4000$ Bienvenu tax for the house...

I also need a new Integra and few parts for my motor! :P Probably suspension and tires for the Protegé. Don't really want to invest in that one tho...

And if I don't want to have fun and want to save interest I can pay a part of the 424,708.88$ debt I have LOL ...
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malichite

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Re: Income tax time
« Reply #41 on: January 26, 2012, 11:35:10 PM »

FAck!  Just ran our shit through and looks like my new job/raise bumped us up.  Only getting $3200.  $2000 less then last year.  meh, still enough to have some fun with.
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bluerex

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Re: Income tax time
« Reply #42 on: January 27, 2012, 12:25:10 AM »

3500

Hopefully some good blow and a couple hand guns I've been eying.

ratcityrex

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Re: Income tax time
« Reply #43 on: January 27, 2012, 12:39:43 AM »

FAck!  Just ran our shit through and looks like my new job/raise bumped us up.  Only getting $3200.  $2000 less then last year.  meh, still enough to have some fun with.

Even with the new kid?
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New setup is old bottom end with a hype r head with gsr cams. built lsv with hx35 @ 26psi on pump gas
LEED tuned! 434hp/329tq http://www.youtube.com/watch?v=_pbDXZxZdZs
http://www.realhomemadeturbo.com/forum/index.php/topic,16195.0.html

Old Setup B18a1 296hp/289tq LEED Tuned 20psi on pump! http://www.youtube.com/watch?v=2Yj-Z90j4W4   
http://www.realhomemadeturbo.com/forum/index.php/topic,205.msg2437.html#msg2437

malichite

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Re: Income tax time
« Reply #44 on: January 27, 2012, 01:03:26 AM »

FAck!  Just ran our shit through and looks like my new job/raise bumped us up.  Only getting $3200.  $2000 less then last year.  meh, still enough to have some fun with.

Even with the new kid?

Yup, we got a $1000 credit for her and still ended up with less :(  meh, can't complain though. 
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jeffsciv23

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Re: Income tax time
« Reply #45 on: January 28, 2012, 06:16:25 PM »

the only thing im getting is screwed, think i gotta pay in this year. havent checked yet though but if i do i might have to see if my step mom can do something creative so i dont have to. pretty sure i made too much and didnt pay enough in.
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NoPistons!

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Re: Income tax time
« Reply #46 on: January 28, 2012, 06:24:23 PM »

Some on my car, some on some new eyewear, fake tooth because it's been maybe 2 years since knocking it out failing to use a drinking glass correctly.  Fresh threads, stuff for my woman, paint for my house, koi pond, rock garden, back deck.   Any of that sounds nice.   I'm not paying shit out this year until the end of the year.  Because like someone else said, interest free loan.  fuck them niggas.  That nice chunk of change they take out every 2 weeks is going in my pocket from now on.  Tired of doing the scrape and save game.

jdmhatchracer94

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Re: Income tax time
« Reply #47 on: January 30, 2012, 08:03:13 PM »

estimater says I should be arou $9,814  not bad
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Jorsher

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Re: Income tax time
« Reply #48 on: January 30, 2012, 08:19:30 PM »

the only thing im getting is screwed, think i gotta pay in this year. havent checked yet though but if i do i might have to see if my step mom can do something creative so i dont have to. pretty sure i made too much and didnt pay enough in.

Glad I'm not the only one.  Apparently making thousands in overtime with the employer barely paying tax on it hurts at the end of the year :noel:

I did as much as I could to lower it, as I think originally it was $1100 I owed, but I'm not going to outright lie...  Everything I claimed can be backed up with some effort.
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ratcityrex

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Re: Income tax time
« Reply #49 on: January 30, 2012, 10:08:43 PM »

estimater says I should be arou $9,814  not bad


Wow, I wish.
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New setup is old bottom end with a hype r head with gsr cams. built lsv with hx35 @ 26psi on pump gas
LEED tuned! 434hp/329tq http://www.youtube.com/watch?v=_pbDXZxZdZs
http://www.realhomemadeturbo.com/forum/index.php/topic,16195.0.html

Old Setup B18a1 296hp/289tq LEED Tuned 20psi on pump! http://www.youtube.com/watch?v=2Yj-Z90j4W4   
http://www.realhomemadeturbo.com/forum/index.php/topic,205.msg2437.html#msg2437

hotrex

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Re: Income tax time
« Reply #50 on: January 31, 2012, 08:15:30 PM »

i filed on friday and got 9730 back suck it nigrahs
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crxvtec91

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Re: Income tax time
« Reply #51 on: January 31, 2012, 10:01:18 PM »

i filed on friday and got 9730 back suck it nigrahs

Johnny coolest guy ever is going to have a baby :evil:
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darkelvis

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Re: Income tax time
« Reply #52 on: February 01, 2012, 12:15:45 AM »

re: water heaters.....if you go tankless-go gas, electric tankless sucks shit, I don't have a gas option at my house so I'm getting a marathon water heater..

as far as spending my money that the government has been spending over the last year: new tv (thinking 70", the old 60" rear projection is getting blurry), marathon water heater, and new carpet for the 2nd floor of my house, the rest goes into savings

with the 2 incomes, the twins, the daycare, my mortage interest this year, and the out of pocket medical bills getting written, expecting to get back 5-6K

Tim

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Re: Income tax time
« Reply #53 on: February 01, 2012, 08:44:10 AM »

I quit paying taxes mid year. Looks like I'm not getting shit, probably have to pay.
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rawr

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Re: Income tax time
« Reply #54 on: February 01, 2012, 10:59:46 AM »

Im going to take that shit and put it in a savings account. Balling.
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ratcityrex

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Re: Income tax time
« Reply #55 on: February 01, 2012, 12:23:36 PM »

I just booked a trip to Jamaica! Going for 8 days Gona go hang out with all the  O0 O0
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New setup is old bottom end with a hype r head with gsr cams. built lsv with hx35 @ 26psi on pump gas
LEED tuned! 434hp/329tq http://www.youtube.com/watch?v=_pbDXZxZdZs
http://www.realhomemadeturbo.com/forum/index.php/topic,16195.0.html

Old Setup B18a1 296hp/289tq LEED Tuned 20psi on pump! http://www.youtube.com/watch?v=2Yj-Z90j4W4   
http://www.realhomemadeturbo.com/forum/index.php/topic,205.msg2437.html#msg2437

crttaz

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Re: Income tax time
« Reply #56 on: February 01, 2012, 12:33:17 PM »

$35.6k in earnings, $35.9k in mileage deductions, no Federal income tax again this year!!!!

$4700 in Payroll tax though, OUCH!
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slappynuts

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Re: Income tax time
« Reply #57 on: February 03, 2012, 08:43:55 PM »

Sucks,I owe $416. My calculation was a little off this year.
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random-strike

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Re: Income tax time
« Reply #58 on: February 03, 2012, 08:59:46 PM »

i haven't paid any income tax this year and i don't plan on having to  8)
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RotaryGeek

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Re: Income tax time
« Reply #59 on: February 03, 2012, 09:01:22 PM »

Mine just deposited today. 6.2k. $5300 goes to my car, the rest is bills.
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