Income Tax Returns

@flapiz (4162)
Australia
July 7, 2016 1:32am CST
Today I processed my income tax return. I hired a good agent and he managed to help me achieve a higher income tax return amount than what I I've initially expected. He helped walked me through all the deductible things. Luckily I had several charities which lessened my net income. Stuffs like transport and laundry were also deducted. Have you guys processed your tax returns?
11 people like this
11 responses
@zarlamain (23026)
• United States
15 Jul
Glad you got that out of the way! Yes, at the beginning of the year.
1 person likes this
@flapiz (4162)
• Australia
16 Jul
I'm still waiting for it. I really need that money :)
1 person likes this
@zarlamain (23026)
• United States
16 Jul
@flapiz That money is your hard-earned money, too!
1 person likes this
@flapiz (4162)
• Australia
16 Jul
@zarlamain Yes it is. I'm really happy it amount to a lot. It will help me pay my last tuition fee.
1 person likes this
@Lucky15 (30094)
• Philippines
7 Jul
I am.doing it...but net is not getting it. Sigh
1 person likes this
@flapiz (4162)
• Australia
10 Jul
What do you mean by net is not getting it?
1 person likes this
@Lucky15 (30094)
• Philippines
10 Jul
@flapiz my esubmission is hard to get through becauseof slow net ;(
1 person likes this
@flapiz (4162)
• Australia
12 Jul
@Lucky15 Oh that's bad. Can't you do it on an Internet cafe instead?
1 person likes this
@hoong143 (1415)
• Malaysia
13 Jul
Oh! Our tax department still owe me some balance for years.
1 person likes this
@flapiz (4162)
• Australia
14 Jul
I think if you don't claim it you'll pay some penalty for being late.
1 person likes this
@hoong143 (1415)
• Malaysia
14 Jul
@flapiz There is penalty for being late to claim it? I don't think our government has this policy. As I know, it is easy to pay but not easy to claim.
1 person likes this
@flapiz (4162)
• Australia
16 Jul
@hoong143 Oh well that's a good thing for you then. Go claim it and spend it :)
2 people like this
@rina110383 (21765)
8 Jul
I work in an Audit Firm. It's my employer (Firm) who processes my tax returns. Part of our work is to assist employees/companies in the filling out of forms, computation, and filing of their income tax returns.
1 person likes this
@flapiz (4162)
• Australia
10 Jul
Do you do that service free for the employees or do you have to charge them? I really appreciate my accountant this year. He really did his best for me to get the most of my tax return.
1 person likes this
@rina110383 (21765)
10 Jul
@flapiz No, we bill them for any form of assistance extended in processing their tax forms. Good relief. Now, you don't have to think of that "taxing" activity.
1 person likes this
@flapiz (4162)
• Australia
12 Jul
@rina110383 Yeah I'm excited I'm getting 2,400 AUD. So I'll be a happy kid when it comes :)
1 person likes this
@Shiva49 (7529)
• Singapore
14 Jul
Yes, I file in Singapore and India. I may overlook few deductions but it may not amount to much - siva
1 person likes this
@flapiz (4162)
• Australia
16 Jul
Wow how come you file in 2 places? You work in both?
1 person likes this
@Shiva49 (7529)
• Singapore
16 Jul
@flapiz I live in Singapore but I have income in India too - siva
2 people like this
@skysnap (17412)
7 Jul
Last date for us is July 30. So I am just doing the calculation of the exemption and stuff.
1 person likes this
@flapiz (4162)
• Australia
10 Jul
Oh you do your own tax refund calculations? Cool.
@skysnap (17412)
10 Jul
@flapiz yes i keep quickbooks on desktop.
1 person likes this
@sishy7 (21306)
• Australia
17 Jul
Aha! It's probably in your account already by now... if not, it will be by early next week, eh?
1 person likes this
@flapiz (4162)
• Australia
17 Jul
It's not here yet. Hopefully next week. I can't wait.
1 person likes this
@JudyEv (83804)
• Bunbury, Australia
7 Jul
A good agent can save you quite a bit of money. We used one when our taxes were a bit complicated and thought he was well worth the money.
1 person likes this
@flapiz (4162)
• Australia
10 Jul
This is definitely true. It's pricey to hire an agent but they guarantee a maximum tax refund which is not a bad bargain.
1 person likes this
@sunrisefan (16249)
• Philippines
7 Jul
After availing of early retirement, I no longer filed income tax returns. Currently I receive some honoraria but its annual gross is below the amount required for compulsory filing.
1 person likes this
@flapiz (4162)
• Australia
10 Jul
Well that saves you the long queues in the tax and accountant office.
1 person likes this
@JustBhem (9398)
• Philippines
7 Jul
Good for you the processed went well. For sure a lot of people are having problem right now with their income tax return.
1 person likes this
@flapiz (4162)
• Australia
10 Jul
Now I'm just waiting for it to be added to my bank account. I'm excited.
1 person likes this
@cpefley (1312)
• Hemet, California
7 Jul
We have to do our income taxes a lot earlier in the year. I cant wait until February to get a refund lol.
1 person likes this
@flapiz (4162)
• Australia
10 Jul
It's a long wait for you then
1 person likes this