Da Man

Feb 17, 2008 07:46

is getting me down. Let's talk financials. I've got the rough on my incomce taxes, that I've been putting off, just because I had a feeling it was this bad. This is a rant about the iRS, being divorced, child support, and military service and pensions. I'm pissed because I have to write a check, and I've never had to before. I've always figured things well enough that it was break even or better.

Yes, I claimed single and zero the first nine months of the year, and I used as much of my 401k as possible to keep it down, maybe not enough soon enough.

If you take all the take home pay I made from the end of January until June wouldn't have been enough to pay my federal income taxes, and child support combined. My taxes are more than my child support. Hey, I understand I earned them both, but the penalty for not being re-married or being able to buy a home after the financial trauma of divorce...well fuck, it adds insult to injury. For a matter of fact, my current military pension, (that's the check I get for serving through 4 wars, 6 years of sea duty, and over 20 years for this country) is not only TAXABLE, but it isn't enough to pay my income taxes for the year.

To be fair there is an upside, I get a disabbilty check from the VA which should be part of my retirement, but is tax free. Well...I'm taking it and screw you, I wont' get the full use of my leg back ever. So I'm leaving that part out of the rest of this.

So I pay income tax on the child support I pay out (again not bitching, I pay more than the court ordered, what my Ex and I agreed upon) and on my military pension. If those had not been included I only would have had to work until April or May to pay off the IRS and support, and maybe gotten somewhere for the numbers it says I made, but I don't get to see any of.

I figure it's a tax penalty from the right wing christian government. I haven't bought a house, because I pay too much in frickin' taxes and support my income is too low to do it on my own, and I'm paying for being SINGLE.

I was sheltered from it being in the military with all the tax free benefits, and being married most of my time in, totally oblivious to the "sin tax" I have to pay for having children and being single now.

No wonder there are so many deadbeat dads, flag burners and Freemen in Montana. I mean fuck, I paid more in income tax than some people make in a year in a part time job and I end up barely breaking even because I haven't walked the path of righteousness and re-married and bought another home.

Twenty One percent of my income is going to Federal Taxes, combined with child support it comes to over 32% of my AGI is paid out in child support and taxes. I could have worked at McDonalds all year for what I get leftover from that, but then I wouldn't have been able to pay my taxes and child support.

Go figure.

taxes, taxable income, irs, financial, nightmares, infernal revenue service, fucked by the government

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