WC 1M Post Challenge - You Ready?!

MSFTisMIA · Mar 6, 2020

libra89 said:
So for the first time ever in my life, I owe my state. Yay. At least it isn't much.

You'll survive. Just pay it and move on. I too was surprised when it first happened to me.

MSFTisMIA · Mar 6, 2020

worldspy99 said:
Well folks trip next week is canceled. Division President stopped by and informed me in person

How might this impact your schedule? From what I remember, you pull some serious travel miles for work...

worldspy99 · Mar 6, 2020

MSFTisMIA said:
How might this impact your schedule? From what I remember, you pull some serious travel miles for work...

It will probably mean a lot more travel in the second half of the year or during summer months when hopefully the virus will take a breather.

libra89 · Mar 6, 2020

MSFTisMIA said:
You'll survive. Just pay it and move on. I too was surprised when it first happened to me.

I will for sure. Do you remember if anything changed to make you pay? I feel like the only change is starting a Roth so I don't know if I should look into it or not.

libra89 · Mar 6, 2020

worldspy99 said:
It will probably mean a lot more travel in the second half of the year or during summer months when hopefully the virus will take a breather.

For your sake, along with the world's, I really hope that it does too.

fatclue_98 · Mar 6, 2020

MSFTisMIA said:
You'll survive. Just pay it and move on. I too was surprised when it first happened to me.

I'll tell you and @libra89 what you already knew. That tax cut for the rich had to come from somebody and you and I are now named "somebody".

MSFTisMIA · Mar 6, 2020

fatclue_98 said:
I'll tell you and @libra89 what you already knew. That tax cut for the rich had to come from somebody and you and I are now named "somebody".

We were always called "somebody" for those tax brackets to the government and "nobody" to those rich folks.

MSFTisMIA · Mar 6, 2020

worldspy99 said:
It will probably mean a lot more travel in the second half of the year or during summer months when hopefully the virus will take a breather.

For the sake of everyone, including you, I hope you're right that the virus takes a breather. Considering the cluster**** of a global response, I have my doubts.

MSFTisMIA · Mar 6, 2020

libra89 said:
I will for sure. Do you remember if anything changed to make you pay? I feel like the only change is starting a Roth so I don't know if I should look into it or not.

Mine was I made a mistake in the prior year and Uncle Sam put one hand on my shoulder and the other in my pocket on my wallet.

libra89 · Mar 6, 2020

MSFTisMIA said:
Mine was I made a mistake in the prior year and Uncle Sam put one hand on my shoulder and the other in my pocket on my wallet.

Dang. That's so annoying.

worldspy99 · Mar 6, 2020

MSFTisMIA said:
For the sake of everyone, including you, I hope you're right that the virus takes a breather. Considering the cluster**** of a global response, I have my doubts.

Yeah but I already have had one trip to Asia this year. Had two in the last 4 months last year. It is getting a bit hectic.

worldspy99 · Mar 6, 2020

MSFTisMIA said:
Mine was I made a mistake in the prior year and Uncle Sam put one hand on my shoulder and the other in my pocket on my wallet.

My accountant made a mistake. There was a very very specific but very obscure change that happened in June 1990 which my brilliant CPA was not aware of and Uncle Sam and my CPA (indirectly me) have been fighting for almost 7 months. We believe we just got it resolved - I finally send my updated California state returns to the Franchise Tax Board two days ago.

I could make a nice down payment on a car with the extra money Uncle Sam took.
And because of the take over of my previous employer the extra tax I paid was equivalent to a down payment on a house in most parts of the USA including CA.

MSFTisMIA · Mar 6, 2020

worldspy99 said:
Yeah but I already have had one trip to Asia this year. Had two in the last 4 months last year. It is getting a bit hectic.

Wow. Well, fingers are crossed for you.

libra89 · Mar 6, 2020

worldspy99 said:
My accountant made a mistake. There was a very very specific but very obscure change that happened in June 1990 which my brilliant CPA was not aware of and Uncle Sam and my CPA (indirectly me) have been fighting for almost 7 months. We believe we just got it resolved - I finally send my updated California state returns to the Franchise Tax Board two days ago.

I could make a nice down payment on a car with the extra money Uncle Sam took.
And because of the take over of my previous employer the extra tax I paid was equivalent to a down payment on a house in most parts of the USA including CA.

That's crazy

fatclue_98 · Mar 6, 2020

MSFTisMIA said:
Mine was I made a mistake in the prior year and Uncle Sam put one hand on my shoulder and the other in my pocket on my wallet.

Aw dude you just reminded me of a commercial in Brazil when you mentioned Uncle Sam putting his hand on your shoulder.

It was for a Angie’s List type of service and the premise was the importance of finding a qualified professional and it was a guy getting a prostate exam. The doctor puts a hand on the guy’s shoulder and just as he’s telling him everything is going to be ok he puts his other hand on the dude’s other shoulder and the commercial ends. Yikes!!

MSFTisMIA · Mar 6, 2020

worldspy99 said:
My accountant made a mistake. There was a very very specific but very obscure change that happened in June 1990 which my brilliant CPA was not aware of and Uncle Sam and my CPA (indirectly me) have been fighting for almost 7 months. We believe we just got it resolved - I finally send my updated California state returns to the Franchise Tax Board two days ago.

I could make a nice down payment on a car with the extra money Uncle Sam took.
And because of the take over of my previous employer the extra tax I paid was equivalent to a down payment on a house in most parts of the USA including CA.

It's very unfortunate to hear you had to go through that.

MSFTisMIA · Mar 6, 2020

fatclue_98 said:
Aw dude you just reminded me of a commercial in Brazil when you mentioned Uncle Sam putting his hand on your shoulder.

It was for a Angie’s List type of service and the premise was the importance of finding a qualified professional and it was a guy getting a prostate exam. The doctor puts a hand on the guy’s shoulder and just as he’s telling him everything is going to be ok he puts his other hand on the dude’s other shoulder and the commercial ends. Yikes!!

Uncle Sam does that to a wide swath of people. It is also one of the reasons why I don't play the lottery - Uncle Sam always gets a cut of the winnings.

MSFTisMIA · Mar 6, 2020

libra89 said:
Dang. That's so annoying.

Nothing I could do about that. They took 2 returns over a two year period. I just shook my head and kept it moving.

fatclue_98 · Mar 7, 2020

MSFTisMIA said:
Nothing I could do about that. They took 2 returns over a two year period. I just shook my head and kept it moving.

Well, that’s one thing this s**t state has or rather, doesn’t have, state income tax.

MSFTisMIA · Mar 7, 2020

fatclue_98 said:
Well, that’s one thing this s**t state has or rather, doesn’t have, state income tax.

Mine wasn't the state one where I got screwed. It was federal, so...i took the "L" and moved on.

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