clicky: what is your household income?

[jennlin]

based on your 2012 taxes...what did it say you made?

[jennlin]

i will click shortly, when a few more people have clicked



either way, mine is significantly lower than it *should* be since i didn't work for 5 months of 2012. i also won't be working a full 2013, or a full 2014....so it's slightly frustrating, haha.

[Deleted]

We made just over $63K.

[jennlin]

Apr 11, 2013 13:04:32 GMT -5 @jennuinne said:

Gross or adjusted?

Gross

[niq]

Uhh... there a lot of definitions of income on form 1040 . On MM for a tax rate clicky I used line 22 form 1040 or line 15 of form 1040A or line 6of form 1040EZ
If you contributed to a 401k or used a medical/transportation/child care FSA that comes off the top and doesn't show up in line 22. OH and if you get AMT'd you have to count the basis for the options you exercised and not just the spread.

And we are SS because we sold a lot of stock. I answered using our 2011 returns. Next year will be higher b/c msniq is full time now.

I hate our tax code with a fire of a thousand suns. I wish we would do more social policy through actual spending money instead of providing tax credits and deductions and phaseouts and all this time-wasting nonsense. People don't have the time or expertise to become experts in their jobs, the tax code, and medical billing. grrrr.

[catbus]

niq, you gotta make things so complicated. All I care about is that this survey makes me feel so much more "normal" than when this same question is asked on MM. Over there, the answers form a near-perfect bell curve, peaking at ~$200k (as in, the most respondents answer that). :-(

[niq]

Apr 11, 2013 18:05:58 GMT -5 catbus said:

niq, you gotta make things so complicated. All I care about is that this survey makes me feel so much more "normal" than when this same question is asked on MM. Over there, the answers form a near-perfect bell curve, peaking at ~$200k (as in, the most respondents answer that).

Yeah, I was really amazed. I thought the board was a big clutch of rich/upper-middle class people and then the rest would be normal. I wonder if the rich people talking about their FWPs have driven everyone else away. There was a thread a few months ago where an actual middle class poster piped up about life in the actual middle class and it was very enlightening.

[niq]

Apr 11, 2013 18:05:58 GMT -5 catbus said:

niq, you gotta make things so complicated.  

Yeah, kooshball, @sfgal (/@sfgal30) and I can form a club and get jackets made about our PITA tax filings. Though, it's rough for the self-employed and landlords too.

[catbus]

Apr 11, 2013 18:10:18 GMT -5 niq said:

Apr 11, 2013 18:05:58 GMT -5 catbus said:

niq, you gotta make things so complicated.  

Yeah, kooshball, @sfgal (/@sfgal30) and I can form a club and get jackets made about our PITA tax filings. Though, it's rough for the self-employed and landlords too.

I get to play ignorant bc my H files our taxes. But I know they're a PITA anymore with capital gains taxes and such. I copped out and just counted our gross salaries.

[niq]

Apr 11, 2013 18:14:11 GMT -5 kooshball said:

My tax return is like 30 pages long. I just work to pay my husbands taxes.

!!!

How does that happen? Are you counting just the forms sent to the IRS? The documents you get (and possibly send them) like 1099s? Receipts for charitable contributions/business expenses/etc.?