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The taxman cometh (4/15/2010)
Posted: Tue Apr 13, 2010 11:59 pm
by nachtjaeger
Did the taxes tonight.

Definitely need to tweak the Fed withholding. Weredragonlady had all the documents ready, and we flew through it in less than two hours using TurboTax. Their software gets better every year.
Got hit on the Fed taxes (not as bad as last year) but got a refund on the State to offset some of that. How'd everybody else do this year?
Re: The taxman cometh (4/15/2010)
Posted: Wed Apr 14, 2010 12:37 am
by dlodoski
Another extension - and not on my dick.
But I should add that I did file a return last year, but by the 9/15 deadline.
Re: The taxman cometh (4/15/2010)
Posted: Wed Apr 14, 2010 12:49 pm
by Duncan Edwards
Crap, I don't even know how much I earned last year. My wife takes all the pertinent documentation to her mother's tax guy and he's done with ours in about half an hour. I'll find out this afternoon or tomorrow what the pain is going to be. I guess there's some comfort in knowing that it won't be as bad this year as it will next.
I would like to encourage all of those who think we don't pay enough taxes to go ahead and add more to your total tax bill. Remember that the IRS is just giving you a minimum that you have to pay. They don't mind at all if you want to pay more.

Re: The taxman cometh (4/15/2010)
Posted: Wed Apr 14, 2010 4:41 pm
by Qsvgitguy
I was on unemployment for a big part of last year. I worked when I could, but because unemployment pays so little, I could not have them take out any taxes, for I needed every cent.
Now, I owe over 500 buck to both the state and the feds.

And since I'm not working, I just don't have it. Oh well.

Re: The taxman cometh (4/15/2010)
Posted: Wed Apr 14, 2010 5:37 pm
by Mynock
+1 For Turbo Tax. This year was the first time I tried it and it worked great. Didn't find me an extra $10,000 in deductions or anything but it made the process simpler and easier. Plus with e-filing you get your money back in about a week instead of a month.
Re: The taxman cometh (4/15/2010)
Posted: Wed Apr 14, 2010 5:39 pm
by Duncan Edwards
Qsvgitguy wrote:I was on unemployment for a big part of last year. I worked when I could, but because unemployment pays so little, I could not have them take out any taxes, for I needed every cent.
Now, I owe over 500 buck to both the state and the feds.

And since I'm not working, I just don't have it. Oh well.

This probably isn't news to you but make sure the IRS knows that. If they have to come after you its much different than if you let them know first.
Re: The taxman cometh (4/15/2010)
Posted: Wed Apr 14, 2010 9:32 pm
by Nessie
Money is coming back for the first time in years, but...it's hard to feel good about it.
The reason why both State and Fed are sending money here is because not as much money arrived here during the rest of the year. Since the amount of money that the government is sending to my house is not anywhere near as much money as once came to this house in years gone by, I'm not all that thrilled about the refunds.
I'd happily pay what I used to pay if the money coming into the house could be the same amount that it was during the years that I always owed both State and Fed.
The economy has not been kind. It is a good thing I worked at finding mud locally since I can't buy plane tickets to any mud or hotel rooms by mud any more.
Nessie
Re: The taxman cometh (4/15/2010)
Posted: Wed Apr 14, 2010 11:01 pm
by Nessie
Duncan Edwards wrote:I would like to encourage all of those who think we don't pay enough taxes to go ahead and add more to your total tax bill.
Actually, for two years now, I've given the government a bit extra for critical habitat...not on my tax form exactly...but since that includes state support for marshlands, it may not have been complete altruism on my part.
Nessie
Re: The taxman cometh (4/15/2010)
Posted: Thu Apr 15, 2010 5:51 am
by nachtjaeger
Been there, done that.

Still can't figure out how I was practically starving to death, but still owed taxes. Mark Twain said it well: "The difference between a tax collector and a taxidermist is that the taxidermist leaves the skin."
Qsvgitguy wrote:I was on unemployment for a big part of last year. I worked when I could, but because unemployment pays so little, I could not have them take out any taxes, for I needed every cent.
Now, I owe over 500 buck to both the state and the feds.

And since I'm not working, I just don't have it. Oh well.

Re: The taxman cometh (4/15/2010)
Posted: Thu Apr 15, 2010 5:54 am
by nachtjaeger
We've done that in the past, but New York has a nasty habit of looting "dedicated funds" and spending the money where they see fit.
Nessie wrote:Duncan Edwards wrote:I would like to encourage all of those who think we don't pay enough taxes to go ahead and add more to your total tax bill.
Actually, for two years now, I've given the government a bit extra for critical habitat...not on my tax form exactly...but since that includes state support for marshlands, it may not have been complete altruism on my part.
Nessie