How much do you normally get back from tax returns as a first year associate?
I know the answer varies but let's assume you're single and no major exemptions, and you work in NYC or CA.
What are the ranges? I'm just looking for a rough figure.
big law tax returns Forum
Forum rules
Anonymous Posting
Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned.
Anonymous Posting
Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned.
-
Dafaq
- Posts: 354
- Joined: Sat Feb 15, 2014 6:19 pm
Re: big law tax returns
Prorate it on the same amount as your SA.
-
NotMyRealName09
- Posts: 1396
- Joined: Mon Nov 09, 2009 5:50 pm
Re: big law tax returns
If you adjust your withholdings properly, you should not be getting anything back. A big tax return means you didn't plan ahead and lost out on having more money in each pay check during the past year.
-
erythromycin
- Posts: 9
- Joined: Sat Apr 12, 2014 12:26 am
Re: big law tax returns
Big law taxes sound like a bitch. My dad is a big law partner, and he always ends up paying taxes in multiple states and countries as well as having all kinds of complicated travel re-embursements, work expenses and unpredictable bonuses. He's a tax lawyer, so he insists on doing it himself instead of hiring a CPA and always spends the first half of April being extremely grumpy.
User has been warned as a 0L in the legal employment forum.
User has been warned as a 0L in the legal employment forum.
-
rad lulz
- Posts: 9807
- Joined: Sun Feb 19, 2012 10:53 pm
Re: big law tax returns
.
Last edited by rad lulz on Thu Sep 01, 2016 7:55 pm, edited 1 time in total.
-
SemperLegal
- Posts: 1356
- Joined: Fri Dec 03, 2010 8:28 pm
Re: big law tax returns
NotMyRealName09 wrote:If you adjust your withholdings properly, you should not be getting anything back. A big tax return means you didn't plan ahead and lost out on having more money in each pay check during the past year.
IRS provides a calculator for this.
Want to continue reading?
Register now to search topics and post comments!
Absolutely FREE!
Already a member? Login
