Man, I'm expecting to get around $18k back in my tax refund this year. Crazy.
Was unexpected, and the first time this has happened, due to:
1) First year I paid myself via payroll from my IT company, so I prepaid taxes on that, and I didn't realize payroll being an expense would push my company down into the red significantly... since it is a partnership, that is a huge win on my K1.
2) First year I have had significant mortgage interest to deduct.
3) First year of a farm business with HUGE start-up costs, so a nice win on my schedule F1.
4) Still have my high paying day job, which is where I paid all the taxes from to start with. [Reply]
Originally Posted by ChiefGator:
Man, I'm expecting to get around $18k back in my tax refund this year. Crazy.
Was unexpected, and the first time this has happened, due to:
1) First year I paid myself via payroll from my IT company, so I prepaid taxes on that, and I didn't realize payroll being an expense would push my company down into the red significantly... since it is a partnership, that is a huge win on my K1.
2) First year I have had significant mortgage interest to deduct.
3) First year of a farm business with HUGE start-up costs, so a nice win on my schedule F1.
4) Still have my high paying day job, which is where I paid all the taxes from to start with.
Hey man. Don’t file yet. Let me get home and I’ll PM you. [Reply]
Originally Posted by Hammock Parties:
IQ: brief dip and then back up again today...me rikey
News for China has been good of late. Tax cuts. YY/Huya reported last night and were up 13 and 20%. Tencent was up 5 percent or so today. A lot of those are really beat up assets from the last year.
It seems fidelity and Schwab doubled their free trade ETFs up to 500 or so. Schwab has some ishares ETFs now. I was looking through the list the other night. [Reply]
