It depends on your income range sm
Posted By: My checks are bigger now on 2009-03-27
In Reply to: federal withholding tables changed - poorer&poorer
I just got my taxes back and I had IC and employee income on there totally $38K. I worried. End result? $298 more to pay in, a VERY far cry from the $8K I paid in each of the last 2 years as an IC. (I have no expenses to speak of, no mortgage or rent, which really hurts as an IC.)
While on the phone with the tax accountant, I asked if withholding had changed. He said yes for most segments of the so-called middle class. He said that while I lived well and had the biggest ever year as an MT, my income is considered the low end of the middle class, so I get a break. I have noticed about a $100 INCREASE in my paychecks from lower withholding.
This is going to depend on your income range to some extent and also how you have your W-4 set. Mine is single with no exemptions, the highest amount you can have withheld automatically (unless you ask for an additional amount).
The projected tax burden for lower income Americans has decreased and so some of us will see a difference. I have, but it was to my benefit.
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Don't know what price range
you're looking at, but my husband is a vet, not in private practice anymore, and people used to give him gift certificates to Omaha Steaks, which he loved, and sometimes gave them himself to clients. I think sometimes they run specials on their website and could maybe get something for under 50 or 40. Another thing he really liked when in private practice, but he was large animal kind of out in the boonies, was Schwann's (sp). He said he used to keep a refrigerator with food and treats from Schwann's in case he couldn't leave and his people had to stay over to help.
Don't know about induction range
but I love my gas stove. The control is unlike electric. I wonder if you couldn't go to a store (or call a few) for a demonstration. It could be as simple as boiling water to see how it works. From what I understand that is the "thing" with induction ranges is the control and speed so I would think they would be able to demonstrate it for you to see.
what price range...I see they are very expensive
I need a great shampooer.
His range is impressive, but I wouldn't buy a CD or
enjoy listening to him much on the radio. Actually, the only time his range is impressive is when he screams out the high notes, but that's getting really old really fast. Impressive yes, enjoyable long-term no. I would buy a Gokey CD though because I really enjoy his smoky voice. I loved his version of 'What Hurts the Most'. Actually the only 2 voices to me that are pretty enough to buy a whole CD are Gokey and Anoop.
34 right now, central Oregon coast range....
20 miles inland from the Pacific Ocean. May get up to 47 today, woo hoo!
keep suggestions, ideas, plans out of her ear range.
nm
Snow in Oregon, I am in rural coastal range near Newport...
absolutely beautiful. We have about 2 inches right how at 5 a.m.
What price range? I recently made a slide show for a relative (sm)
from their old photos
As long as you have an income
As long as you have an income you file. Over 70 is for social security where you can earn as much as you want and still collect your full SS. Boy is that was true all of the rich would be lying about their ages so that they did not have to pay taxes.
Too much house for you on your income...
especially with a new baby and all that requires...take into consideration if you have car payments, credit card payments, student loans, plus utilities, etc. Talk to a mortgage lender, what is your mortgage rate going to be, how much can you put down on the house, see what the lender says. Don't get in over your head...some people want it all right away, instant gratification. Take your time. Good luck
probably since any income is taxable
income for the year it is received. That is why you get a statement of earnings for it.
It is possible to increase your income
Pay off the house! Congratulations!:-)
Is it possible to increase you income temporarily to put towards the cc debt? Can your dh work side jobs or a second job?
After you pay off the house, I would start pay off the cc from the smallest balance first.
200
2K
4K
10K
I would not withdraw from retirement but stop paying it right now. After you pay off the house, put all your money into paying off the cc debt.
For the 4K and 10K I would write them a letter and try to get a lower APR.
If your income has been cut in half (sm)
I have to ask - what are you spending the money on? Rent is the first thing you should pay, then food, and then transportation. If you are worried about paying credit cards first, or some other debt, you are cutting your own throat.
I would advise you to do some looking at Dave Ramsey. He has several excellent books, available usually from the local library.
Also, as for the husband, sit down with him and talk to him - I don't know if you have done this or not, but his playing the video games may be a way for him to escape. If he has always been responsible in the past, then his irresponsibility now is probably a defense mechanism.
You both need to step back and take the emotion out of it. If you are not able to do that, the situation is not going to improve. You both have to show commitment to making the relationship work, even on so little money.
If you have a pastor or some sort of mentor/advisor, that might be a good place to start, once you have talked to your husband. A neutral party who can look at the situation from all sides can help.
Good luck, from someone in similar shoes.
HC
if we get to their 75,000 annual income qualification
then they can qualify us for that. 
How do you manage at income tax time?
Do you file separate returns?
Would you also want your income taxed at the 40% rate?
At one time England did that. The friends we had in Cananda said they were taxed to death on their income, but they were pretty pleased with their healthcare. There is no easy solution.
That puts me in the low income bracket. . . SM
Wonder why I don't quality for any help if that is the case. I have no medical insurance and was just at the ER and it cost me $1800 (so far as lab work not returned yet) to wait for 5 1/2 hours altogether and get a port and three meds administered with a CT scan of head. They charged me $396.00 for the attending on duty to talk to me 15 seconds after the resident saw me. A nurse told me in the ER that they would trim some of the cost for me, but when I called the hospital they said I did not quality. A working person falls between the cracks. Makes me angry they could not help me at all.
If he's elderly and low income, he needs to check sm
with senior services to see if he qualifies for some type of medical assistance aid.
Amen! We are just at a six-figure income..
but you would never know it by our lifestyle. We don't need to impress anyone or put ourselves in debt for material things that depreciate the minute you walk out of store with it or drive it off the lot. Americans need to SAVE money, a concept that has been long lost through the generations.
PS! One more - check to see if you qualify for low-income
You show proof of past income if you need to (sm)
and that should be enough - especially if you have excellent credit. I actually had a mortgage person tell me that self-employed people are basically stuck and can never make more money - needless to say I moved on to another company.
Stated Income Home Loan
I am a self-employed IC and have purchased 4 homes in 4 different states as a single person. I was able to obtain a Stated Income Mortgage based on my credit, rather than my W2. No tax info was used, needed or requested. I guess, if your income is needed along with your husband's to qualify for a loan, then you would need the W2 info. But as a single person you can obtain a home loan based on your credit and not your tax info. Also, if you don't have enough for a down payment, you can take out a "second" against the house you are purchasing to finance your downpayment. You will have a short-term payment for the downpayment and your 30 yr note on the home. I was also able to obtain very low interest rates based on my credit rating.
Good luck, I did have to provide extra documents when I purchased one home with my exhusband.
I also have to consider my income - not just whether I enjoy the job; that is my main concern. nm
x
Ideas to earn extra income
In addition to your regular career what do you or your family do to bring in a little extra cash? I started a garden this year and it is doing so well that I think I may try for the local farmer's market next year. Not looking to make a fortune but it would be great if it could pay for extra things like a day at the zoo or pizza and a movie.
eBay is great for extra income...
and also to get things on the cheap. I haven't done it in months so can't really you a monthly amount, but looking forward to getting back into. Good luck to you.
Sorry - for your sake I hope the reason was too much annual income. (nm)
that's nonsense! I make a six-figure income all my myself being an MT. Hubby has no need to wor
xx
Agreed to let hubby have all the refund on the income tax and drat!
See, it is like this. I told hubby to take his check book today because it costs quite a bit to get our taxes filed at H&R and I basically did not care about paying for it this time (between paydays really). I said if you will pay the charges to file, then they will have your check and anything we get back you can have and if we have to pay a really big amount, I will go and take that out of a bigger account in my name and I will pay, so it will be win, win situation for you. Drat! Can I take that back now? He has paid most all the income tax this year, as an independent I did not pay my fair share but yet, now he is getting close to 5,000. Can I renegiogate? Anyone else do this sort of crazy thing and then wish they could take it back? Darn, drat, dagnab it!!!!
Southern here, cracklins sold in lower income stores usually
I have been at roadside stands and never smelled them cooking nor saw them but mostly you see in stores like food depot. I know of no one who uses them. I am sure that various parts of the country have other foods that could turn a person's stomach. I remember a supposed pepperoni pizza I had 1 time in Buffalo and the tomatoes on it were whole like uncooked. Yuck for that. Everyone has a yuck I am sure.
Good advice. In this economy, lay low. Sounds like a PT job may be in order to increase income. (
dd
Make a list of budget/spending priorities for your self employment income
Dave Ramsey's book has a irregular income planning sheet. Basically you list your expenses with the cash flow sheet. With any steady income you allocate it. For irregular income, make a list from the cash flow sheet of what needs to be paid first. Keep a culmulative total.
Make your own income, hire a plumber. Total unnecessary. Men are useless in the family plan.
x
Home, Home, On The Range SM
where the beer and the cantaloupe play . . . where seldom is heard . . . .
well....it depends on how you look at it.
I think your Halloween decorations sound great!! Pretty spooky, IMO. It depends on how you look at the situation. Halloween, in reality, is not just a fun holiday. It actually stands for All Hallow's Eve and if you are into pagan religion this is your favorite night of the whole year...it is the Devil's New Year. We have been celebrating this holiday forever, but just for fun and tricks, BUT...at the same time pagans have been celebrating "the new year."
The preacher as well as God's people come with responsibilities and duties to fulfill--a preacher just has a tougher role (leadership)to fill. Not my rule, God's rule.
At the same time, he is not supposed to totally interfere with your life. He should not judge you (10 commandments say "Thou shalt not judge") and if he has said everything you have told here, then he has placed a judgement on you, which he will be held accountable for. Sometimes Christians (regardless if Baptist, etc)can get themselves in major trouble just by the way they word something. In reality, what he should have done was just prayed to God for your family (not saying anything bad about you--just what he or any Christian who feels offended in some way should do)and asked God for His help in dealing with his feelings towards your decorations.
Hope this helps!! Have a great day!!
Depends where she gets them. sm
We were in California, and she bought from some costume firm in Chicago. Usuall ran anywhere from $60 to $90 for costume for each recital.
$54 for six weeks is a decent price. Sorry you can't watch. We were always allowed to stay for the session, and show up at the end and watch. That seems strange to me.
It depends.
I have one on right now but some days the girls breathe
It depends on the kid (SM)
I have 3 girls. They are all so different that they cannot be grouped by behavior based on their gender alone. The oldest has so much 'tude and is quite difficult. The second is a breeze. The third, well, she's 1, so I don't know too much yet, but she seems to be the easiest of them all.
Depends
My newphew is on it and has lost almost all his weight. He had tried several things, including So. Beach, but nothing worked. He had gained weight after knee surgery, etc. - needed to get it off because his work is teaching martial arts!
He says the food is good. It is costly, however.
I can't afford it, so I'm just counting calories and keeping a food diary. I just write down the time, the food and the # of calories I eat throughout the day. Putting it on paper keeps me honest and I like trying to keep it at 1200 or less calories a day.
depends on what you are looking for
and how old kids are. Cape Cod, White Mountains/Conway NH, Maine seacoast, Olde Orchard Beach, Boston, Lake Winnepesaukie (sp) in New Hampshire.
That depends... Here is a tip
Contributions can either go to a general fund which goes toward regular expenses, i.e. lights, cleaning, etc. You may also designate that contribution to a special program, i.e. youth department, sound system, etc. All contributions that are designated can not be spent on anything else except for that particular program. As for the cards, that is a personal decision. Generally, a card to the family addressed to the spouse is sufficient. My suggestion would be to mark a date on your calendar a month from now and do a follow up call. See how the family is doing and check for any specific needs. Often times they just need to talk.... so be available.
I not sure but I believe it depends
on the risk level. There is a sex offender living directly behind us. He was a high school coach and had an affair with a student. She was 16 or 17. Her mother found a ton of revealing love letters between them and she gave him warning once if it did not stop, she is going to turn him in. It did not stop so she turned him in. The gal was willing but still he was the adult in the situation and he should not have taken advantage of her. Anyway, I have seen him exercising in the park. I don't think I have seen him at ballgames though.
I think it depends on the kid...sm
I have 3 and of course they all have different personalties. My oldest DS started about the age of 2 and he was a snap. Then my DD came along and she was, and still is, so stubborn and strong-willed. She was probably almost 3 before she was potty trained. Then youngest DS was probably 3 1/2 before he was out of diapers. Never thought I would get through those days, and now they are 20, 17, and 15.
Depends . . . . sm
Is it just you? If so,I'd wait and draw full plus work. If you don't need the $$,go ahead and retire. I'd probably wait anyway because I don't know what I'd do with all that free time!
Depends -- they may not
Insurance laws have changed but when I worked for an insurance company you had to be covered by that insurance company nine months for the birth to be covered. Otherwise everyone would go out and get insurance during their ninth month. But since they have that new law with continuous coverage and if it is a group plan, it might be different. You have to be upfront about it, cannot hide it so might as well call your new insurance and ask them but be sure you get a manager or someone who knows what they are talking about, see something in writing about what is covered on your new plan, etc. It should be in there. But do not be shocked if it is not covered because like I said, they sometimes do require nine months of coverage or else they call it a pre-existing condition. Also lots of times they will not cover the pre-delivery testing either. Again, get some information from your new company so you can decide if you need to COBRA over or not. Good luck, let us know what you find out.
It depends
I think it really depends on who the boys are and how well you know them. When I was a kid, I only had guy friends so there were no real sleepovers with the girls and my guy friends would never have dreamed of doing anything rude or anything to me to be afraid of. I am only 30, so it wasn't that long ago. I think it would depend on the girl and if I knew the boys she hung around with. Obviously, you wouldn't want her to do that with boys she didn't know or couldn't be trusted, but I never had friends like that I was close to. I know a 19-year-old who is the same way and is the daughter of one of my good friends. She has a several best friends who are boys and my friend never had to worry about them sleeping over or camping or going out of town. I wouldn't say no if you know them and you know your daughter. it would be different maybe if she was going camping with her boyfriend or with strangers.... then I might have to think about whether or not that was really okay with me as a mother in your situation.
It depends on the day.
School mornings are crazy so its usually a granola bar, pop tart, piece of fruit or something of the like and then maybe a mid morning bowl of cereal, oatmeal, or cream of wheat.
On weekends my hubs is usually the one up early so he usually makes a traditional-type breakfast with eggs, hashbrowns, bacon, etc. or pancakes, french toast, or waffles.
During the summer I went through a homemade egg mcmuffin sandwich phase. Those were quick and easy but not quick enough for school mornings.
Funny, we had breakfast for dinner last night. Scrambled eggs with cheese, hash browns, toast, bacon, and OJ. It's been a long time since I have done that and I told my hubs this should be a once a week dinner. Its so simple, easy, and healthier than a lot of other stuff. Besides kids love it! :)
Just this morning I was thinking I need some new ideas for quick mornings but i hate buying prepackaged stuff like poptarts.
Depends. How old is he? sm
Will you incur penalties? Can you roll it over into something guaranteed? Depends on your situation.
QVC...depends
Well, the sets I saw are "cheaper", but not the "same" set you find from American Girl directly. I.e. The Molly doll came with a cuople of outfits, a stand, a couple of books, and I think her pet, which not the exact same set. So it is more than just the doll and one book, but less expensive to get all of that stuff it comes with separately. The doll and book alone from american girl is less $$ but does not include the extra outfit, etc. I didn't watch when it was on in Sept., so maybe they have other accessories or furniture on the show too. I am guessing they sell out fast! Also, if you have not done this, check out the American Girl website for the sales and monthly specials. Over the summer, I got a $40 toboggan for $20 - of course you do have the shipping charge but still cheaper. So they do have some good deals there too, just that there may or may not be an item to go with the doll you have or are looking for...
It depends on what you buy.
My in-laws lose power all the time so they invested in a whole house generator that is built in so all they have to do is flip a switch and their power is back on. They run everything and you can't tell any difference. It cost them thousands to do this but they saved to have it done before retirement.
Prior to that they had the generators you buy at the hardware store and it only ran the refridgerator and heat. You could add the lights for a short period of time but they were very dim. Those they had to fill with gas every couple hours and it was a lot of work.
That reminds me to charge up my other computer and cell phones too.
I'm somewhere in PA, depends what
TV news you listen to; i.e., Wilkes-Barre/Scranton (3 stations), Phila., Lancaster, etc.. LOL
I'm closer to the Berks/Lancaster area and nobody ever heard of vinegar on scrapple. I grew up that way. It does give a bit of zing to the scrapple yet doesn't hide the true flavor.
We grew our tomatoes in 5 gallon buckets this year. They did really good. You could do it too. We experiment every year with 1 or 2 plants to try to get fresh tomatoes through the winter. Did it 1 year a long time ago, but failed to write down what we did, so we've been testing and testing..
Depends on their age and I think I would
let them ask. My ex told my daughter about some stuff that she didn't ask about, which I really did not appreciate. If they ask I wouldn't lie, but I would not volunteer anything.
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