How much should the average person making $80K/yr with standard deductions expect in tax returns?

like
Posting as :
works at
You are currently posting as works at

$0.00
Sometimes I feel like no one understands how taxes work.

like

Most don’t.

like

What state?
What were your witholdings?
Single or married?
What was your income type? W-2? 1099?
Did you sell stocks?
Did you contribute to a 401k?
Do you have any children?

Too many variables for us to give a good answer

likefunny

Freetaxusa! Credit Karma has some sneaky privacy opt-outs you gotta navigate.

like

No one ever “gets” anything “in tax returns”.

A return is the thing you file that determines how much you owe.

A refund is funds you get from the government if you over-withheld in the prior year vs what your return says you owe.

like

Lol, this is the correct answer. Was wondering who was going to spell this out.

like

I got like 2.5K last time.

like

If your taxes are that simple just punch it into turbotax and see for yourself. You don't have to pay till you actually want it submitted. Same for most online tax services

like

Credit Karma is all free.

Probably like 2-4K

More Posts

What do you think the most attractive thing in a girl?

like

150k base 10-20k bonus, would 190 base 20-30k bonus be a good exit or wait for more? Maybe stay until senior manager?

like

Hi Shark, Looking for Job change. Working as manul tester with animation testing knowledge.
Total experience 2 years.
How nuch CTC i should demand.
Mine current CTC 4L
Help me guys

like

Ever get the feeling that you don't know what you're doing or why you're doing it, but have no idea what else you would do for a living?

So I’ve been on a big tech client adv project for months now and have formed a good relationship with one of the contacts. She’s dropping hints about open positions, and they would pay me about 40% more and I like the company culture, so I want to work there. Will there be a noncompete or other internal problem if I go work for them / tell them I’m interested at the very least?

like

On my third round of interviewing with a tech start up and my interview will be with one of the co-founding officers. So far my interview feedback has been very positive. Any suggestions to knock this one off the park?

like

Do you bring your work phone or laptop on vacation with you? Going away with partner for first time since covid hit and we both want to leave our work phones behind.

like

Busy season check - rate your happiness from 1 to 10 and your average billable hours per week (10 being like a rock star happy) 🤠

like

What headphones do you use to make phone calls? I'm an Android user and finding it difficult to find any good options.

like

Anyone in sales/finance have any tips on overcoming the nerves when pitching and presenting to clients? Would love to hear some of your practices and/or books to read to foster personal sales growth.

like

I’m hearing of salaries around $160-180k at hospital systems in NYC area for Epic application manager positions. Seems a bit high, no?

like

Hi Fishes,

I am new to this tax declaration and all. My previous salary is 3.5LPA that time my lead itself taken care of my IT declaration. Now i got 8 LPA offer here i only have to declare IT. Since I don't have any idea about this. I request you to help me in this. What are the things I can put in IT declaration and also provide some ideas about tax savings.

Post Photo
like

What books would you recommend to a junior to mid-level associate representing private equity clients and doing other general corporate/M&A work?

like

Help! Any good Email Specialist certification study guides?

like

Any other VC folks want to connect and start sharing deal flow?

like
like

An undergrad relative of mine just received an offer for 65k in Raleigh NC. Is that a good amount for a genZ without student loan debt to live comfortably off of?

like

Portfolio links 👇

like

Additional Posts in Consulting

Happy MLK Jr. Day. In honor of his life and work, I’m going to post some of my personal fave quotes of his here...

likeuplifting

Just asked my Ambassador to get me two tickets to Gay Sunday (9/18) at Oktoberfest. Booked Le Meridian a few months ago. Tickets go on sale this month. Anybody else in MUC that weekend?

like

The feels when you roll off that one engagement that was a little more meaningful than the rest

Post Photo
likefunnyuplifting

I have the CSR card. Thinking of dropping that in favor of the United Explorer card. Also comes with 70k pts if you spend $6k in 6 months. Thoughts?

like

Does your per diem get paid out to you at your firm? Or is it more like use it or lose it. I know kpmg pays it out

like

The best PPT formatting shortcut you've ever discovered?

likehelpful

Is there a worthwhile difference between UA Gold and UA Plat? Will most likely be short 5~6k in PQMs and wondering if a mileage run would be worth it

like

What headphones do you use to make phone calls? I'm an Android user and finding it difficult to find any good options.

like

List of things I enjoy: 1) Naps 2) Food 3) non demanding clients on travel projects that feed me lunch and let me leave early to take a nap. ☯️

like

International working in the states - any suggestions on catching up on pop culture references? Feel like I don’t understand 90% of the jokes managers and partners make.

like

I’m ignorant about Oliver Wyman. Can someone give me some quick facts - do they specialize in anything, typical consultancy? Prestige near MBB at all?

like

What is the average pay gap between B4 and MBB, level for level?

like

For those who have been laid off, what does it look like right before? (like HR schedules a meeting with you?). I have this really bad pit in my stomach.

No trolling or sarcastic stuff please.

likeuplifting

Hi 🐠- I have a data analytic background, and am joining a consulting firm’s fraud group. I don’t know much about accounting - any books/good sources to brush up on to get some general knowledge?

like

Folks, I finally figured out what it is about strategy consulting that I actually enjoy:

It's a comfortable (for me) intersection of math, logic, and creative story-telling.

I don't care if an engagement is properly "strategic" but I want quantitative analysis, logically sound framework and conclusions, and a compelling narrative to spur the client into action.

That's all. Happy Friday!

like

MBB - which firm would you pick to work for and why

like

If you had to choose between an offer (both at associate level) in Strategy& for a latin american country or as a SIP (Strategy insights & planning) in ZS to work remotely for the US, which one would you take?
My main concerns are: participating in interesting projects, exit options and not getting pigeonholed in a particular industry. I'd appreciate your tips!

like

Feels like books in that niche *business self-help* genre are aimed at insecure overachievers like us. There are 500 and no one got time for that shit. What is a key takeaway from 1 you found helpful?

like

Is there anyone here who’s independently wealthy and has chosen to do this for the lols?

like

As someone working from the office right now, this feels very real.

Post Photo
likefunnysmart

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal