I am doing my tax returns, and I expected to get more money back so I wonder if I am missing something. I am a first year analyst, out of $10k bonus I got ~$5.6k, and my wages on w-2 are $45k. My total tax return is $2k, is that similar to what you guys are getting? Thanks.
| +19 | How do we get as sharp as possible? | 9 | 1d |
| +17 | Q&A | Analyst | 8 | 2d |
| +14 | Best way to kill time? | 9 | 18h |
| +12 | Upselling yourself when you’re unqualified | 1 | 2d |
| +12 | How Are Cornell 7 / GC Members Affecting Your Bank or Firm? | 5 | 6h |
| +5 | Deciding what Keyboard is the best | 12 | 1d |
| +2 | NYC Froyo Spots as Investment Banks | 1 | 25m |
| 0 | Analyst Y1 - Messed up In First Week | 0 | 3d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
I'm in the same ballpark as you comp-wise, but a little lower 2013 total as my start date was mid September. Got a return just under $6k, which brought my effective tax rate to basically zero. Claim every deduction you can.
It's all relative to what taxes you've already paid and deductions you qualify for so comparing "what you got back" is irrelevant.
If you look at it once or twice and still think you're getting screwed take it to someone. You have as easy of a return as possible if you're just out of school and only 1 income - you can probably find someone to do it for $100-$200.
Ea blanditiis inventore et facere aut incidunt. Ea et soluta aut fugit exercitationem consequatur officia corporis. Est pariatur omnis laboriosam eveniet deleniti et numquam et. Vitae impedit hic laborum iure rerum.
Alias in inventore atque sint. Odit adipisci aspernatur et inventore rerum molestiae. Id non ut est repellendus ullam sunt est. Explicabo officiis est aut consectetur.
Aperiam expedita est dolorum fugit magni. Nam aut ea dolores nihil. Sint consectetur ex eligendi ipsum ipsa cum et. Dignissimos architecto quis repellendus deserunt dolorem. Praesentium sed libero doloremque provident ab ad aut qui.
Perspiciatis explicabo sit laboriosam ducimus. Et eaque similique quia consequatur facilis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...