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Jodhaa
Side Hero Username: Jodhaa
Post Number: 8613 Registered: 02-2008 Posted From: 65.186.82.73
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 09:09 pm: |
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Guttonkay:you will have to penalty
entha penalty? |
   
Guttonkay
Junior Artist Username: Guttonkay
Post Number: 233 Registered: 05-2008 Posted From: 148.87.1.167
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 09:05 pm: |
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15th pay cheyyakunte you will have to penalty and interest on the amount you owe. |
   
Jodhaa
Side Hero Username: Jodhaa
Post Number: 8601 Registered: 02-2008 Posted From: 65.186.82.73
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 07:06 pm: |
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Hey:
YM lo vunnara? |
   
Jodhaa
Side Hero Username: Jodhaa
Post Number: 8600 Registered: 02-2008 Posted From: 65.186.82.73
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 07:06 pm: |
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Jalsa:yes, anukunta
 |
   
Hey
Side Hero Username: Hey
Post Number: 2096 Registered: 10-2008 Posted From: 94.75.253.67
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 07:05 pm: |
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inka file cheyaledu..... chala pay cheyali Don't forget until too late that the business of life is not business, but living |
   
Jalsa
Side Hero Username: Jalsa
Post Number: 3509 Registered: 02-2008 Posted From: 69.115.29.189
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 07:01 pm: |
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Jodhaa:in case memu owe vuntey adhi kooda 15th kalla pay cheyyala?
yes, anukunta Pavala HATER |
   
Jodhaa
Side Hero Username: Jodhaa
Post Number: 8599 Registered: 02-2008 Posted From: 65.186.82.73
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 06:57 pm: |
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Mrhyderabad:
where is Video? |
   
Jodhaa
Side Hero Username: Jodhaa
Post Number: 8598 Registered: 02-2008 Posted From: 65.186.82.73
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 06:57 pm: |
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Kalikaalam:
15th kalla file chesthey ok na? in case memu owe vuntey adhi kooda 15th kalla pay cheyyala? leka just returns submit chesthey ok na? |
   
Risingstar
Side Hero Username: Risingstar
Post Number: 7554 Registered: 08-2008 Posted From: 71.230.159.254
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 04:44 pm: |
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thanks  Now everybody will use Colour Paper & Colour TV in Toilet |
   
Rajusk
Side Hero Username: Rajusk
Post Number: 7368 Registered: 02-2008 Posted From: 71.225.77.119
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 04:11 pm: |
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Risingstar:EAD meedha unnappudu second job cheyyacha?
Yes |
   
Mrhyderabad
Comedian Username: Mrhyderabad
Post Number: 1119 Registered: 01-2008 Posted From: 76.124.219.90
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 04:02 pm: |
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True_indian:rich people meeru enta kattina takkuve
meeto compare chesthe memu below poverty line vuntaamu emo jokes aside, mee input ivvandi Perception is immune to Intellectual Correction ... |
   
Jkm
Side Hero Username: Jkm
Post Number: 2111 Registered: 02-2008 Posted From: 98.192.47.28
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 03:39 pm: |
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Mrhyderabad:checked it and CPA checked it again. Married Filing Jointly 33% on the income between $208,850 and $372,950 Married Filing Separately Filing Status 28% on the income between $68,525 and $104,425; plus $13,318.75 33% on the income between $104,425 and $186,475; plus $23,370.75 So instead of both of us paying @ 33% tax... one will pay 28% in the second case.
you got it right. you can do it. memu kooda filing separately first time. again it depends on lot of factors . talk to CPA if you have child expenses, house/student loans, dependents, donations, expenses, proft/loss . iddaru itemize cheyyalsi vasthe issues vunnayi. |
   
Risingstar
Side Hero Username: Risingstar
Post Number: 7544 Registered: 08-2008 Posted From: 71.230.159.254
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 03:30 pm: |
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True_indian:
annai, how are you? EAD meedha unnappudu second job cheyyacha? Now everybody will use Colour Paper & Colour TV in Toilet |
   
True_indian
Side Hero Username: True_indian
Post Number: 3272 Registered: 01-2008 Posted From: 75.181.79.97
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 03:22 pm: |
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Mrhyderabad:
rich people meeru enta kattina takkuve  |
   
Kalikaalam
Comedian Username: Kalikaalam
Post Number: 1448 Registered: 01-2008 Posted From: 71.175.26.110
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 03:08 pm: |
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//i was under the same assumption..sep file cheste benifit anukunn..it ws wrong..marrid filing jointly gives the best saving option// Correcte...Kaani income baagaa yekkuva vunnappudu "seperately" adavtage avuthundi. please refer the figures given by Mr.Hyd |
   
Kalikaalam
Comedian Username: Kalikaalam
Post Number: 1447 Registered: 01-2008 Posted From: 71.175.26.110
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 03:07 pm: |
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//So filing separately is better right? // Yes. in your case, it is right. But, consider your states tax implications too. |
   
Rajusk
Side Hero Username: Rajusk
Post Number: 7356 Registered: 02-2008 Posted From: 71.225.77.119
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 03:04 pm: |
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Mrhyderabad:Can you file "Married filing separately" even if you live in same house?
Nenu Tax matters jarantha eek.. |
   
Mrhyderabad
Comedian Username: Mrhyderabad
Post Number: 1117 Registered: 01-2008 Posted From: 76.124.219.90
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 02:47 pm: |
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Kalikaalam:yep. You are right.
So filing separately is better right? Wrath, refer to my earlier post.. Perception is immune to Intellectual Correction ... |
   
Kalikaalam
Comedian Username: Kalikaalam
Post Number: 1446 Registered: 01-2008 Posted From: 71.175.26.110
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 02:45 pm: |
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//So instead of both of us paying @ 33% tax... one will pay 28% in the second case.'' yep. You are right. |
   
Mrhyderabad
Comedian Username: Mrhyderabad
Post Number: 1116 Registered: 01-2008 Posted From: 76.124.219.90
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 02:40 pm: |
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Kalikaalam:Please chek it up again. In most cases Married filing jointly gives the tax advantage. Put the figures in your tax software and run the comparison report(Jointly Vs Seperately). I never saw the case that 'married filing sepratly' giving more advantage than 'jointly'.
I checked it and CPA checked it again. Married Filing Jointly 33% on the income between $208,850 and $372,950 Married Filing Separately Filing Status 28% on the income between $68,525 and $104,425; plus $13,318.75 33% on the income between $104,425 and $186,475; plus $23,370.75 So instead of both of us paying @ 33% tax... one will pay 28% in the second case. Perception is immune to Intellectual Correction ... |
   
Kalikaalam
Comedian Username: Kalikaalam
Post Number: 1445 Registered: 01-2008 Posted From: 71.175.26.110
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 02:39 pm: |
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//We are not even eligible for child tax credit for new born baby // Yep. That will phase out based on your income. I also did not get. |
   
Wrathchild
Side Hero Username: Wrathchild
Post Number: 2233 Registered: 03-2009 Posted From: 192.146.101.24
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 02:39 pm: |
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hyd i was under the same assumption..sep file cheste benifit anukunn..it ws wrong..marrid filing jointly gives the best saving option |
   
Mrhyderabad
Comedian Username: Mrhyderabad
Post Number: 1115 Registered: 01-2008 Posted From: 76.124.219.90
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 02:37 pm: |
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Neel:Child care credit,
We are not eligible for this anyway... as there is a cap on this based on income group. We are not even eligible for child tax credit for new born baby No stimulus either.. Damn you Obama  Perception is immune to Intellectual Correction ... |
   
Kalikaalam
Comedian Username: Kalikaalam
Post Number: 1444 Registered: 01-2008 Posted From: 71.175.26.110
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 02:36 pm: |
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//Can we separately for FED and jointly for state ? // No |
   
Kalikaalam
Comedian Username: Kalikaalam
Post Number: 1442 Registered: 01-2008 Posted From: 71.175.26.110
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 02:35 pm: |
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//I can save huge tax if we file separately as we will be in highest tax bracket when we file together.../// Please chek it up again. In most cases Married filing jointly gives the tax advantage. Put the figures in your tax software and run the comparison report(Jointly Vs Seperately). I never saw the case that 'married filing sepratly' giving more advantage than 'jointly'. |
   
Mrhyderabad
Comedian Username: Mrhyderabad
Post Number: 1114 Registered: 01-2008 Posted From: 76.124.219.90
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 02:35 pm: |
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Kalikaalam:for Federal, it doesn't matter. some states have so many restrictions.
Can we separately for FED and jointly for state ?  Perception is immune to Intellectual Correction ... |
   
Neel
Side Hero Username: Neel
Post Number: 2465 Registered: 07-2008 Posted From: 75.57.203.34
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 02:34 pm: |
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You may not be eligible to claim the tax benefits like Child care credit, Tuition & fees deduction etc etc there are other deductions which are listed for separate filers. |
   
Neel
Side Hero Username: Neel
Post Number: 2464 Registered: 07-2008 Posted From: 75.57.203.34
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 02:32 pm: |
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Mrhyderabad:
Yes you can file separately, if you think the benefit is more. |
   
Kalikaalam
Comedian Username: Kalikaalam
Post Number: 1441 Registered: 01-2008 Posted From: 71.175.26.110
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 02:29 pm: |
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//Can you file "Married filing separately" even if you live in same house? // Yes. You can //I wanted to file separately but CPA said you can't as you both live in the same house. // for Federal, it doesn't matter. some states have so many restrictions. It is very complicated when you file seperately by living in the same address(Only some states like..Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington or Wisconsin.) |
   
Mrhyderabad
Comedian Username: Mrhyderabad
Post Number: 1113 Registered: 01-2008 Posted From: 76.124.219.90
Rating: N/A Votes: 0 (Vote!) | | Posted on Saturday, April 11, 2009 - 02:15 pm: |
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Can you file "Married filing separately" even if you live in same house? I wanted to file separately but CPA said you can't as you both live in the same house. That didn't sound right... I can save huge tax if we file separately as we will be in highest tax bracket when we file together... Any ideas? Perception is immune to Intellectual Correction ... |