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<blockquote data-quote="db-2" data-source="post: 322920" data-attributes="member: 4743"><p>My income was below the threshold these last three years. Got a partial payment from the first and that has been it.</p><p></p><p>So Johnr, i to had to pay in a significant amount at tax time for the last number of years. But i found a way to beat the system. </p><p> </p><p><strong>Quit working.</strong> Live off SS. </p><p>My taxable income went from lower 6 number to $11,000 after pulling out $20,000 in IRA funds with $1,100 in federal tax that with the stimulus funds added back in meant a $800 refund that i have not seen. Been 8 weeks since i filed Call IRS but the computer hangs up on me.</p><p>For me, my tax man had been myself since 1969. I will say, me and IRS have not agree some of the time and most of the time these last years but i have not loss, not even once. They just simply quit sending letters to me. </p><p></p><p>And retirement is more and greater than what i thought or was told it to be. </p><p>So i will wait for our tax refund and the $2,800 due me and the wife from the current stimulus. Wife says we will never see it. She may be right but taxable income of $11,000 and old may open some doors. db</p></blockquote><p></p>
[QUOTE="db-2, post: 322920, member: 4743"] My income was below the threshold these last three years. Got a partial payment from the first and that has been it. So Johnr, i to had to pay in a significant amount at tax time for the last number of years. But i found a way to beat the system. [B]Quit working.[/B] Live off SS. My taxable income went from lower 6 number to $11,000 after pulling out $20,000 in IRA funds with $1,100 in federal tax that with the stimulus funds added back in meant a $800 refund that i have not seen. Been 8 weeks since i filed Call IRS but the computer hangs up on me. For me, my tax man had been myself since 1969. I will say, me and IRS have not agree some of the time and most of the time these last years but i have not loss, not even once. They just simply quit sending letters to me. And retirement is more and greater than what i thought or was told it to be. So i will wait for our tax refund and the $2,800 due me and the wife from the current stimulus. Wife says we will never see it. She may be right but taxable income of $11,000 and old may open some doors. db [/QUOTE]
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