I owe the IRS $2430.00 !!!!!

[JSandi]

Freaking Vampires!

[Don Robison]

Just apply for a cabinet position. That should buy you some time.

[bkb0000]

hah... i've been paying myself with stockholder draws all year- i dont even want to know how much i owe this year. i'm gonna block my accountant's phone number.

[CarlosDJackal]

I feel your pain, except in my case I owed the State. The year after I completed Flight School as a National Guardsman I found out I owed the State of MD about $3,000. As it turns out, the Army was not taking State Income Taxes out which I did not know until I filed my Tax Returns the following year.

It would nothave been that large except in the great State of MD they have what is known as "Piggyback Taxes". Basically, each County piggybacks onto whatever State taxes you have to pay by as much as 55% (depending on the County).

What really sucked was the fact that I was at that point a full-time student with no source of income other than being a "Traditional: Guardsmen. So I had to ask for a deferment on when I had to pay the money I owed them.

[carbean]

i trust you will decline the appointment obongo nominated you for .

[Left Sig]

I owe on my state taxes because my wife's new employer neglected to withhold the local (county) taxes, and instead just withheld the state taxes. The employer is out of state and she works at home, so they just don't know about how Indiana taxes work. Oh well, my Federal refund will cover it.

[ZDL]

Just apply for a cabinet position. That should buy you some time.

bwaaaaaaaaaaaaaaaaaaaaaaahahahahahaah. Awesome.

OP: Is this your first year owing the IRS? If so, welcome to the club. It sucks ass.

[11Bravo]

I feel your pain, except in my case I owed the State. The year after I completed Flight School as a National Guardsman I found out I owed the State of MD about $3,000. As it turns out, the Army was not taking State Income Taxes out which I did not know until I filed my Tax Returns the following year.
It would nothave been that large except in the great State of MD they have what is known as "Piggyback Taxes". Basically, each County piggybacks onto whatever State taxes you have to pay by as much as 55% (depending on the County).
What really sucked was the fact that I was at that point a full-time student with no source of income other than being a "Traditional: Guardsmen. So I had to ask for a deferment on when I had to pay the money I owed them.

When I went to basic training, the Army withheld state taxes but for the wrong state; had my address in Iowa, but did Minnesota withholding.
I didn't know until tax time.
Try getting money from one state to pay another.
Fortunately, I was poor enough to get all my money back from Iowa, but of course, I had to pay it first.

[Mikey]

I owed 2k last year. Hopefully I'll break even this year...

[JSandi]

Yeah this is my first time ever owing the IRS.

Bites big time!

I neglected to change my status from married to single when I divorced last year at work. So they've been taxing my check at the married rate. I filed single and the IRS bent me over...