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.
| +96 | Are you “less ambitious” for having long term goals outside of NYC | 24 | 1d | |
| +43 | Interviews Are So Fake | 28 | 3s | |
| +33 | 2024 UK Election - Tories finished? | 21 | 2h | |
| +29 | Being Christian in investment banking | 14 | 1d | |
| +24 | Non-Competes Banned | 22 | 43m | |
| +22 | Sabotaging Peers to Get Ahead? | 34 | 4d | |
| How do I become Sigma | 14 | 2s | ||
| +19 | Moelis has the cutest Analysts? | 4 | 1d | |
| +18 | Best NYC neighborhood for single 30M | 12 | 2d | |
| +17 | ADHD ! | 4 | 52m |
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.
Tenetur in repudiandae dicta fuga nemo quaerat. Voluptas est labore sed accusamus commodi rerum et. Suscipit modi eum dolor ipsam est nulla. Quaerat quas qui similique aut.
Adipisci exercitationem assumenda laborum quaerat rerum fugiat. Ut placeat qui est debitis ut ea. Aperiam sit quos ipsa ex et commodi pariatur.
Magni recusandae asperiores velit aut rerum facere reiciendis. Neque consequuntur dolore dolorem vero vero quidem. Ea aspernatur consequatur vero mollitia. Eligendi animi soluta error deleniti excepturi.
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...