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post #1 of (permalink) Old 05-09-2005, 03:13 PM Thread Starter
 
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O/T government...

I just finished fileing my tax return for 2004.

I didn't make much money because I only worked during the summer, and most of it was off the books, but the government over billed me $667. (Yay)

This got me thinking, next time I sell something in the $5000-$10000 range, I'm going to over bill the buyer $667 and see how long it takes for me to land in jail.

I guess that's just another point for the complete absurdity of the modern world.
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post #2 of (permalink) Old 05-09-2005, 03:16 PM
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Re: O/T government...

Here Tazzie, Tazzie, Tazzie [img]/ubbthreads/images/graemlins/grin.gif[/img]
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post #3 of (permalink) Old 05-09-2005, 03:17 PM
 
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Re: O/T government...

Wait... how did you get around the April 15th thing?!


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post #4 of (permalink) Old 05-09-2005, 03:17 PM
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Re: O/T government...

Yup,

rediculous....worse in canadia than the USA....

annndd....just cuz Galen will beat me to it...You should bring your taxes to the bash....
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post #5 of (permalink) Old 05-09-2005, 03:18 PM
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Re: O/T government...

[ QUOTE ]
most of it was off the books, but the government over billed me $667.


[/ QUOTE ]

maybe you should call it a wash?


:tapping foot waiting for Taz:
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post #6 of (permalink) Old 05-09-2005, 03:19 PM
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Re: O/T government...

[ QUOTE ]
Yup,



annndd....just cuz Galen will beat me to it...You should bring your taxes to the bash....

[/ QUOTE ]

HMMMMmmmmmnnnn......Bash




So you gonna use the refund to come to the bash?
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post #7 of (permalink) Old 05-09-2005, 03:32 PM
 
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Re: O/T government...

Next time you have a summer only job, and lots of deductions if you are a student, if you don't think you should be paying any taxes at all you can fill out a form to exempt yourself from tax deductions by your employer. You do so at your own risk though, if you turn out to owe taxes they will charge you interest. I used to always do that as a student as it made no sense to give the tax money that I wouldn't owe to the government for them to hold till I filed a return.
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post #8 of (permalink) Old 05-09-2005, 03:32 PM
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Re: O/T government...

Actually, your doing it all wrong. You have complete control on how much is deducted from your pay. The deductions are based on estimates. Increase your deductions and not as much money will be taken out. If you can estimate "Exactly" how much money you are going to make this year, they can deduct the exact amount...which means you would get little or no money back...but more likely, you would have to pay a little...but look on the bright side, if you owe a little, they don't charge you interest....assuming you pay in time.
post #9 of (permalink) Old 05-09-2005, 04:34 PM
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Re: O/T government...

[ QUOTE ]
Here Tazzie, Tazzie, Tazzie [img]/ubbthreads/images/graemlins/grin.gif[/img]

[/ QUOTE ]

WHAT?


[ QUOTE ]
Wait... how did you get around the April 15th thing?!

[/ QUOTE ]

Heís in Canada. Aye

Deadline is April 30 which fell on a Saturday, extended to Monday April 2, extended for e-filings to Friday April 6.


[ QUOTE ]
Yup,

rediculous....worse in canadia than the USA....

annndd....just cuz Galen will beat me to it...You should bring your taxes to the bash....

[/ QUOTE ]

Thatís what happens when you socialize medicine and other programs. Somebodyís got to pay for it.


[ QUOTE ]
:tapping foot waiting for Taz:

[/ QUOTE ]

Didnít want you to wear out the shoe leather.


[ QUOTE ]
but the government over billed me $667.

[/ QUOTE ]

What does that mean? You mean they withheld too much?

It wasnít the government exactly although they publish the charts. The charts are based on making the same amount every pay period for the entire year. Here in the US, you can control it by claiming extra exemptions but if you wind up owing too much at tax time there is an underpayment penalty.


[ QUOTE ]
and most of it was off the books,

[/ QUOTE ]
I sent a link to this thread to the CRA, they want more money.
Donít post stuff like that, it can come back to haunt you.
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post #10 of (permalink) Old 05-09-2005, 05:01 PM Thread Starter
 
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Re: O/T government...

Student making under $20,000 a year, I think I managed to get more back then I payed anyways..

and by off the books... almost all of that stuff wasn't "money" per-se

What's the tax on a Scout44 front? [img]/ubbthreads/images/graemlins/grin.gif[/img]

Damn, I think TAZ knows more about Customs and Revenue in Canada then I do. :S

As for the bash.. maybe I'll just build up some credit.. in 4 years I will have so many of these "just bring it with you and we will take a look"'s that I'll be able to spend a whole year down there and have you guys fix my jeep, cook me dinner, and do all my bills. [img]/ubbthreads/images/graemlins/grin.gif[/img]

The deadline is only a deadline if you OWE them money.. if they owe you money... well hurry up and wait. [img]/ubbthreads/images/graemlins/smile.gif[/img]
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