Originally posted by Landrover
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Sitting @ H&R Block
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Originally posted by Landrover View PostWell kinda, they cap what you can get out of SS at 62 or so......right? I bypassed that amount in my early 40's but continued to pay into social security until I left the corporate world. Just a scam either way sadly!
I think they cap it annually.
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Originally posted by Landrover View Post.........and that is the argument I have with my dad!!!! This is insanity especially after I pay half of 33 other peoples social security as an employer. Just not a fair system at all.
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15 years ago H&R Block did my Taxes. They messed up. I got audited. They, IRS, said I need them $1,500 plus penalties and interest.
I was like NO WAY!
I dug my taxes out and sure a shoot they took my rent x12x12. I was like darn it. Than I remembered in had bought that garuntee. I called the office. They was like I'm no sir
I was like I'll see you in 5 minutes.
In get there she calls the mgr. Mgr looks at the return and says hmm how'd we miss this. The cut me a check and amended my return.
I did my own taxes til Obama Care took effect. I didn't have insurance and wanted them to do my returns.
She did is a comparison of a projected return with the new Trump Tax cuts. If nothing changes we're forecasted to get $610 return [emoji1303]
Maybe I can finally buy a Krivoman or another Sniper Hawg Lite.
We're getting 401k @ work. In the best week or 2 that'll kick in. I'm doing 7%. Seeing how that affects my budget. Hoping to kick it to 10+% but that'll take away my hunting budget.
Course since I can hunt 10 minutes from the house...
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Sitting @ H&R Block
Originally posted by Landrover View PostWell kinda, they cap what you can get out of SS at 62 or so......right? I bypassed that amount in my early 40's but continued to pay into social security until I left the corporate world. Just a scam either way sadly![emoji35]
From the google machine:
The maximum amount of earnings subject to the Social Security payroll tax will climb 7.3 percent in 2017 to $127,200—up by $8,700 from the $118,500 maximum for 2016 and 2015, the Social Security Administration (SSA) announced on Oct
I think this is for 2018
Social Security portion (6.2 percent) limited to the $128,700 taxable-maximum
Sent from my iPhone using TapatalkLast edited by Black Ice; 03-24-2018, 08:05 PM.
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Originally posted by doghouse View PostNo problem. Have paid in my share plus. Just hope S/S last until I'm 66.
Originally posted by doghouse View PostNot fair but we are on the same page. I've been paying 7.65% per employee for 30 years are so. Finally went on my on in 2014. No employees. Loving it.
Originally posted by Black Ice View PostFrom the google machine:
The maximum amount of earnings subject to the Social Security payroll tax will climb 7.3 percent in 2017 to $127,200—up by $8,700 from the $118,500 maximum for 2016 and 2015, the Social Security Administration (SSA) announced on Oct
I think this is for 2018
Social Security portion (6.2 percent) limited to the $128,700 taxable-maximum
Sent from my iPhone using Tapatalk
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Turbo Tax is great. Ive used it for years.
I did use a CPA a few times, but I had rental property in Texas, lived in Louisiana (state tax). It was worth it to help figure depreciation on property, ect. Now I'm back to single income/and apartment life, so turbo tax all the way.
Ive used HR block software once, don't remember it being too bad. It just seems that on simple taxes forms, people pay a lot for some CPAs. With all the new programs, mathematical error is minimal, only human error in entering info.
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