Domain: tiger-web1.srvr.media3.us 2025 Taxes | Page 3 | O-T Lounge
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re: 2025 Taxes

Posted on 4/9/26 at 11:10 am to
Posted by Everyday Is Saturday
Member since Dec 2025
1098 posts
Posted on 4/9/26 at 11:10 am to
quote:

estimates for 26 almost cut in half


My inner tax voice says double confirm that. Not questioning it. However, sharing as an underpayment penalty risk watch out.

100 or 110% of prior year tax due (depending on your AGI) is one condition to avoid under-payment penalty and interest.

I share because this little nugget saved me this year.

Hopefully just a moot point for you.
Posted by lowhound
Effie
Member since Aug 2014
10183 posts
Posted on 4/9/26 at 11:14 am to
I got less back, but they kept less also. So yes, I paid less in taxes this year. Most people look at the refund, but you should really focus on how much the government stole from you in the first place. The goal should be $0 refund. That means they withheld just the right amount from your paycheck.
This post was edited on 4/9/26 at 11:16 am
Posted by 777Tiger
Member since Mar 2011
91537 posts
Posted on 4/9/26 at 11:19 am to
quote:

My inner tax voice says double confirm that. Not questioning it. However, sharing as an underpayment penalty risk watch out.

100 or 110% of prior year tax due (depending on your AGI) is one condition to avoid under-payment penalty and interest.

I share because this little nugget saved me this year.

Hopefully just a moot point for you.


I appreciate that, honestly, I've been using the same CPA for years and sometimes I question whether she is agresssive enough, but she's usually pretty much on the mark, when I went to pick up the return she pretty much said what you're alluding to, that we'll have to monitor that throughout the year to make sure that it is enough
Posted by Dixie2023
Member since Mar 2023
5056 posts
Posted on 4/9/26 at 11:22 am to
I’m sure they’ll get us soon enough. Too many are relying on handouts.
Posted by BabyTac
Austin, TX
Member since Jun 2008
16477 posts
Posted on 4/9/26 at 11:34 am to
Less refund than usual. Thanks Trump. So much winning for you. You’re making a lot of money! So much money!
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
30265 posts
Posted on 4/9/26 at 11:45 am to
Between the higher bracket thresholds and temp increase in SALT deduction we had ~$42k less in Fed tax burden for 2025 for similar AGI. It was very welcome and paid us back a portion of what we lost in SALT deductions since 2016.

No refund since we both pay quarterlies.
Posted by iwyLSUiwy
I'm your huckleberry
Member since Apr 2008
41966 posts
Posted on 4/9/26 at 11:50 am to
Failed promises on tax plans. I'm paying more under Trump than when under that retard Biden.
Posted by CajunLife
Southern Georgia
Member since Apr 2017
768 posts
Posted on 4/9/26 at 12:00 pm to
I got more back this year.
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
60861 posts
Posted on 4/9/26 at 12:02 pm to
I’m a white middle class heterosexual male - so I still owed
Posted by Gee Grenouille
Bogalusa
Member since Jul 2018
7916 posts
Posted on 4/9/26 at 12:21 pm to
10,300 refund for me. That OT thing really helped me.
Posted by tigerwith3
Mandeville
Member since Dec 2011
1653 posts
Posted on 4/9/26 at 12:38 pm to
I paid $11k in federal taxes. Didn’t help me a damn bit.
Posted by Jmcc64
alabama
Member since Apr 2021
2113 posts
Posted on 4/9/26 at 12:45 pm to
Percentage wise, about the same as last year. ditto for state.

we stupidly overpaid in estimated and payroll (by a lot) so we don't owe
Posted by caro81
Member since Jul 2017
6279 posts
Posted on 4/9/26 at 1:26 pm to
refunds......wtf is that?
This post was edited on 4/9/26 at 1:32 pm
Posted by HarryBalzack
Member since Oct 2012
16357 posts
Posted on 4/9/26 at 1:58 pm to
I'm paying a shite-ton more. Haven't really had that significant an increase in income, but the changes he made to the child credits have had a big impact (kid was 17 and the credit dropped like a rock for that) and I'm still getting taxed for having a "cadillac" healthcare plan through my employer.
Posted by Geaux-2-L-O-Miss
Between Your Ears
Member since Aug 2005
3897 posts
Posted on 4/9/26 at 3:40 pm to
For FED and State stroking $45k+ check(s) for last year and Quarterlies went up another $3k.

My accountant said it was a good year, him.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
74409 posts
Posted on 4/9/26 at 3:45 pm to
Don’t know yet. The Accounting firm that handles our account and my personal taxes is always last minute. I’m certainly going to continue to have to pay quarterly estimates, but that’s OK. It’s worth the hassle.
Posted by Spankum
Miss-sippi
Member since Jan 2007
61903 posts
Posted on 4/9/26 at 3:48 pm to
quote:

But, the salon she works for refused to split out the tips on the W-2 (half her income.) So she only got $123 back.


What she failed to mention to you is that most all tips hairdressers make are cash. They never pay taxes in the first place on them.
Posted by MSTiger33
Member since Oct 2007
21635 posts
Posted on 4/9/26 at 3:52 pm to
Paid more
Posted by MyRockstarComplex
The airport
Member since Nov 2009
5032 posts
Posted on 4/9/26 at 3:54 pm to
Set for a big return. Received notice of audit.
Posted by Shamoan
Member since Feb 2019
13753 posts
Posted on 4/9/26 at 4:01 pm to
i owe for the first time in my life. i have 3 kids and mid 40's....i guess i better get used to it.
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