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Post Info TOPIC: Are Your Taxes Done?


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Are Your Taxes Done?
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  I am doing H & R Block tax software for me.  DH did them on paper last year.  Time to get it online and get it done.



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Itty bitty's Grammy

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Nope. Scared to death...last year was brutal.

flan

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Why was it brutal?

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Itty bitty's Grammy

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Lady Gaga Snerd wrote:

Why was it brutal?


Because of how much we owed, and I honestly don't know why. DH did them (forget the program he used) and I wanted to get a second opinion...but we didn't.

flan 



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Yes, if I owed a lot of money, I would definitely had it looked at.

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Itty bitty's Grammy

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Lady Gaga Snerd wrote:

Yes, if I owed a lot of money, I would definitely had it looked at.


I chose not to argue with him.

flan 



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I know. Some things aren't worth the battle.

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Itty bitty's Grammy

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Lady Gaga Snerd wrote:

I know. Some things aren't worth the battle.


Male pride, kwim?

Now if THIS year is as bad...I may push it.

flan 



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Mod/Penguin lover/Princess!

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I sent ours in the first Saturday in February. Got the refund the next Friday.

Conor still has to finish his and send it in. I told him to wait until after the 1st of April. He owes.



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We pay a lot every year. We'll do them closer to the 15th.

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Feds are done. Did them later this year because we're paying for the first time.

States to be done this weekend. Should be a small refund.



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flan327 wrote:
Lady Gaga Snerd wrote:

Why was it brutal?


Because of how much we owed, and I honestly don't know why. DH did them (forget the program he used) and I wanted to get a second opinion...but we didn't.

flan 


I urge you to use the free TurboTax online resource, to redo your taxes right now. If it shows that you owe a LOT and you had no reason to expect that,

then there probably is a transcription error. The most likely causes would include an error in copying a W-2 or a 1099,

showing income that's much higher than reality, or withholding much less than reality.

Possibly failing to deduct your real estate taxes or mortgage interest. Those are common too.

Did you itemize deductions, or take the standard deduction? Did the tax figure come from a table in the instructions? People sometimes put in a figure from the wrong line.

If you've already filed, do this anyway. You can easily file an amended return if you find a mistake.

 



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I usually get a couple thousand back. I have most of what I need to send to my accountant. I just need to do it.

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Done, refunded and gone. Used it to pay for my college tuition for Summer classes.

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Mod & Permanent Board Sweetheart

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What a coincidence - I am waiting at my accountant's now.  Between rental property, alimony, moving expenses and all that, I am not going to attempt them.  I've been with him 20+ years and he is magic with flying under the audit flag radar.  For me, well worth the fee.



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Am I A Good Man?

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I mailed mine at the end of January.  Received my Federal return in February and my State return earlier this week.  Most of it was/will be spent on getting bills paid, above everything else.  Everything else is secondary.  biggrin



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Yes. All done in February.

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Give Me Grand's!

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We have to do taxes?  confuse



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just Czech wrote:

We have to do taxes?  confuse


 Haha...I know right!



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I'm getting $1 back

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Itty bitty's Grammy

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VetteGirl wrote:

I'm getting $1 back


I'd be happy with that!

flan 



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Nothing's Impossible

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VetteGirl wrote:

I'm getting $1 back


 Buy a lottery ticket with it!



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Did mine ages ago.

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VetteGirl wrote:

I'm getting $1 back


Good for you, Vette! You did something right!smile 



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Mod & Permanent Board Sweetheart

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Did y'all know alimony is a write off?  Just sayin'...

smile



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Done!


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What the FLIP? I pay, pay , pay taxes out my arse. My son worked at Burger King and McDonalds. He earned about $8K last year. And, he is getting a Federal and State REFUND for exactly the amount he paid in. So, yeah, the "everyone pays taxes", total bullschit.

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I did my prelim last month. Will file next w/e, I try not to owe anything while trying to not give the gov't a free loan of my money. I don't get big returns but I have that extra cash every month.

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Lady Gaga Snerd wrote:

What the FLIP? I pay, pay , pay taxes out my arse. My son worked at Burger King and McDonalds. He earned about $8K last year. And, he is getting a Federal and State REFUND for exactly the amount he paid in. So, yeah, the "everyone pays taxes", total bullschit.


 But that means if he is your dependent you paid his taxes, or you made a huge mistake claiming him as a dependent and he also claimed himself.  You need to relook.



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Rib-it! Rrrib-it!

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Filed ours a long time ago.

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Why file early? I send mine on paper at the last min. Hope the IRS enjoys that.

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Rib-it! Rrrib-it!

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We got money back.

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I like to owe money. Why let the govt use MY money interest free all year?

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Lady Gaga Snerd wrote:

I like to owe money. Why let the govt use MY money interest free all year?


That's how we feel about it, too. Try to work it so we don't owe a lot, or get back a lot.

Sounds like Vette did a good job, this year!

(We blew it. Big time. I'm so mad.furious



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On the bright side...... Christmas is coming! (Mod)

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Honeys_Mom wrote:

Did y'all know alimony is a write off?  Just sayin'...

smile


 For you.  He has to pay taxes on it.  Bwaaahaahaaahaaa!  And you didn't withhold for him.



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On the bright side...... Christmas is coming! (Mod)

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Lady Gaga Snerd wrote:

What the FLIP? I pay, pay , pay taxes out my arse. My son worked at Burger King and McDonalds. He earned about $8K last year. And, he is getting a Federal and State REFUND for exactly the amount he paid in. So, yeah, the "everyone pays taxes", total bullschit.


 $8K is just not enough to owe taxes. 



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On the bright side...... Christmas is coming! (Mod)

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Lady Gaga Snerd wrote:

Why file early? I send mine on paper at the last min. Hope the IRS enjoys that.


 We file early (or try to) if we are getting a refund.  This year, we'll have to pay, so I have not filed, yet.



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Frozen Sucks!

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Lawyerlady wrote:
Honeys_Mom wrote:

Did y'all know alimony is a write off?  Just sayin'...

smile


 For you.  He has to pay taxes on it.  Bwaaahaahaaahaaa!  And you didn't withhold for him.


 I knew that about alimony. Bet he didn't file quarterly taxes!



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Just finished my taxes. I was putting them off, for no reason really. I'm getting a refund, but about half what I used to get - no house & mortgage & property taxes this year.

I'll probably put half in savings and use half to pay off July's vacation that's sitting on my credit card.

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DH gets K-1's from multiple trusts, and we don't get those until after April 15th. So I file an extention and send a check for estimated taxes. I've got to get some funds shuttled into an IRA, we got a large and unexpected distribution very late in the year, threw a monkey wrench into my planning.
Also, we just formed an LLC, and we need to elect "S" corp pretty quickly!

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JPT wrote:

DH gets K-1's from multiple trusts, and we don't get those until after April 15th. So I file an extention and send a check for estimated taxes. I've got to get some funds shuttled into an IRA, we got a large and unexpected distribution very late in the year, threw a monkey wrench into my planning.
Also, we just formed an LLC, and we need to elect "S" corp pretty quickly!


Yeah, G gets a K-1, so we have to wait until we get that to file.  But we drag it out as long as possible.  We always owe a ton of money.   



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