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HHI $300K Mortgage Interest Deduction Maxing 401K Maxing SEP-RIA ....$2000 refund from MD ....$2100 owed to Federal Anyone else willing to share? |
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HHI 175
High mortgage deduction 401k No kids Owed $4500 federal VA owed us $500. We have our witholdings as married but witholding as single. Still owe every damn year |
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HHI 95K
Employment legal fee deduction No mortgage Single Mom (HOH) Daycare deduction Refund $1500 federal Refund state $150 |
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Made 50k
Single Student Federal refund ~1800, state 280 |
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$240k HHI. Mortgage deduction, 1 kid, dependent care FSA, close to maxed 401k, some charitable deductions.
We got about $1000 back from both federal and state. |
| HHI 400k and we owed 7K. We are maxing the retirement and all that. Had good capital gains this year. |
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HHI $200k
Mortgage deduction Child care deduction Max out both 401ks Max out HRA Married, filing jointly, withholding as single (both) Owed DC $450 Federal return $6k We get it wrong every year, either owe a ton or get a big return...time to consult a CPA. |
Is that 6k on the federal return a refund or owed? |
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168k HHI, no mortgage, 10k in 401(k), single, no dependents.
Federal refund: ~3500 State refund = 450 (DC) + 150 (MD) |
| Single, one child, make 29k a year. A total combined return of 4k. |
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Married, 2 kids and high mortgage
HHI: 450k Max Retirement and child care savings account Fed owed: 12k (after making a 5500k payment in Nov) Sate refund: 2k |
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Married, 2 kids and high mortgage
HHI 330k Nanny and preschool Fed owed: 17k (including Nanny tax of 8k) Sate refund: 2k |
| Same as 18:20 except HHI 200k. Owe $4,800 federal. Sucks. |
Got killed with the amt even after 0 exemption |
| The CPA will tell us tomorrow... |