Pay cheques after Tax's

[Ree Fresh]

So I recieved my second pay check for the month of Augest... I was pretty happy at first after seeing a surprise raise and it turned out bigger than usual. However I still breively look it over when I notice I was taxed OVER $600 (not including cpp, uic, union dues etc) !!!


Holly shitters... so now I know why ppl vote Liberal over NDP.


What really bums me out is im not in school anymore, dont have kids, or anything else I can think of that would help me cliam it back!?!


Anyone know of any good tactics or ways I would be able to claim some of it back?

[ja_raul]

taxed 600? holy crap, i wonder how much your gross income is.. before taxes. none of my business though

[charly]

have a family? :P

taxes bum me out. i hate seeing how much gets taken off my paycheques.. sometimes it makes me miss the days of no tax.

too bad that's what we get for ballin' outta control. ;)

[Liqwid]

my friend at work worked way less then me, and we both had the same amount after taxes

ewwww

~dalyn

[mindgurl]

i hate taxes

i have a friend who gave up her raise for 2 years at the law firm b/c it kept her in the lower tax bracket, she waited until the raise would be enough to make it worth while

smart cookie she is

[Carrie]

put money into rrsp's.

right now thats the only thing that could give a refund.

if they are taking more then they should, you'll get it back.

[decypher]

Make a business and use everything as an expense.

[Carrie]

Originally Posted by decypher

Make a business and use everything as an expense.

uh.. no accountant will allow you to do so.

but good luck with that.

ps i write off part of my car.

[Carrie]

pps . i'm self employed

[Ree Fresh]

^ Well thats the other thing I was wondering too. I have a small second job that counts me as 'self employed'. So far ive been recieving cheques with no tax's taken off and fear ill end up paying more tax's when it comes to the end of the year tax's.

However I want to know what and how I can write things off as a part of my business. Example I understand you can write off any transit/gass etc, but do I need to keep my recipts for that or do I bull shit on my tax forms :P

[e_BoY]

Originally Posted by ja_raul

taxed 600? holy crap, i wonder how much your gross income is.. before taxes. none of my business though

im guessing like 2000ish.

Yea taxes suck. I make decent coin i guess but luckily its doesnt fall under the bracket where taxes really start taking over. Shitty deals =\

[Ree Fresh]

Originally Posted by mindgurl

i hate taxes

i have a friend who gave up her raise for 2 years at the law firm b/c it kept her in the lower tax bracket, she waited until the raise would be enough to make it worth while

smart cookie she is

I think thats kind of what happend to me this time. They messed up on my July pay and owed me a huge amount and said they would reinburse it on my August pay cheque. Therefore I think it deffinently added on and put me into the next tax braket taking even more off me then they should :( Although I hope the numbers work out better when it comes to my yearly income and the goverment will end up oweing me money instead :p

[mapleleaf4ever]

I know how to help you get some discounts.


Rhia, will you Marry me? ;)

[Chewy]

erik... dont be a tramp

[mapleleaf4ever]

I'm not a Tramp? Are you jealous of my Proposal? Do YOU want to Marry me? YOU SICK SONUVABITCH! :p

[Carrie]

Originally Posted by wellbelove's

^ Well thats the other thing I was wondering too. I have a small second job that counts me as 'self employed'. So far ive been recieving cheques with no tax's taken off and fear ill end up paying more tax's when it comes to the end of the year tax's.

However I want to know what and how I can write things off as a part of my business. Example I understand you can write off any transit/gass etc, but do I need to keep my recipts for that or do I bull shit on my tax forms :P

receipts .. yes good idea

if they think you've bs'd they'll ask and if you have proof, they won't change it

[vesperstina]

Yeah, if they're inadaquately deducted than maybe you'll get a bigger return in April?

[Harp]

one time the government took $1500 off my pay cheque. but i still at the end i took home a good amount on my cheque.

[Digital Over]

It's straight up teasing putting two amounts on your pay cheque...Its like, here's what you made, and here's what you're gunna get.....I swear its just like Eva Longoria about to take her bra off and saying "Whatchya lookin at??!!"

[Goat]

I lost 40% of my treeplanting wages to taxes, it was pretty hurt. Come income tax though, i'll be looking at 2-3k back.
Anything you use for work are deductables. Anything school related is tax deductable.
Pay a bit of cash and go see an accountant, they'll let you know what you can write off and the best way to maximize your tax return.
Good luck.

[Ree Fresh]

^Thats totaly bullocks 40%... however how did you manage to claim 2-3k back?

I do use my car, gas, computer, and other suplies for my self employed job... but I mean how much of that can I claim? Does this mean I can claim every fill up I use :D

[Digital Over]

Most things that you can "write off" are not worth that much, after everything is said and done A.)Providing receipts of everything you buy, B.)Proving it is a direct corrolation to your business C.) 17% of gross you get back from what you are claiming for (and that's on the high end)......Of course if you have been making rather large purchases then yes, it would be worth it, once again you have to have ALL the documentation to go with it.

[Goat]

I spent nearly $1000 outfitting myself, pretty muched lived in a tent for 3 months.
I was able to write off my Level 3 first aid course as a job expense, another $800
25$/day camp cost x 61 working days. - work expense
+65$/day for every time i stayed in a hotel (around 4-5 times/month) -work expense
150$ greyhound ticket there - work expense

We also got payed at the end of each contract, which were around 20 days each. So we got bumped up into a way higher tax bracket.

Oh ya, and remote living expense kicks in which works out to something like $6-9/day (in my favour) for living in the middle of fucking nowhere.

Then there's school. After deductions, all said and done I got taxed at a 20+k bracket when I should only have been around 13k.

[Carrie]

you can't write off every time you fill up.

you should track your km's for work purposes.

ps. come see me!