Tax season 2016

[Dleg]

I'm truly scared of my taxes this year.  About June or so, I noticed that they were still taking Northern Mariana Islands tax out of my paycheck.  I contacted my payroll tech and asked that they correct it.  I think they did, but I am not sure and it still looks to me like they may have withheld at the NMI tax rates instead of federal.  So I might be screwed, and have some money set aside just in case I am right.  

 

[csb]

I'm truly scared of my taxes this year.  About June or so, I noticed that they were still taking Northern Mariana Islands tax out of my paycheck.  I contacted my payroll tech and asked that they correct it.  I think they did, but I am not sure and it still looks to me like they may have withheld at the NMI tax rates instead of federal.  So I might be screwed, and have some money set aside just in case I am right.  

They won't accept coconuts here for payment. 

After a year or so of paying, we dialed it into $81 back from the Feds. We haven't been able to itemize for years. I'll take a $81 refund over a giant mortgage. 

 

[mudpuppy]

They won't accept coconuts here for payment. 

After a year or so of paying, we dialed it into $81 back from the Feds. We haven't been able to itemize for years. I'll take a $81 refund over a giant mortgage. 

We won't be able to itemize for 2016 since we got married and have the big fat married standard deduction.

But then we went and got a huge mortgage, so we'll be itemizing for many years to come.

 

[csb]

We won't be able to itemize for 2016 since we got married and have the big fat married standard deduction.

But then we went and got a huge mortgage, so we'll be itemizing for many years to come.

Freeloader!  Sucker!

 

[snickerd3]

We won't be able to itemize for 2016 since we got married and have the big fat married standard deduction.

But then we went and got a huge mortgage, so we'll be itemizing for many years to come.

welcome to the party!

 

[Road Guy]

There's not a deduction big enough to overcome all the stupid crap our wives end up wasting our money on!

 

[csb]

Tell me about it. My wife just bought this:

It's a big black ball called "Deeper" that's a fishfinder. 

I suppose it's been worth about $200 in jokes. 

 

[knight1fox3]

Tell me about it. My wife just bought this:

It's a big black ball called "Deeper" that's a fishfinder. 

I suppose it's been worth about $200 in jokes. 

That's cheating!!! ldman:

 

[csb]

That's cheating!!! ldman:

It's ice fishing. This at least adds some action to it. 

And by action, I mean the kind you can only get with an electronic deeper machine. 

Hey-oh!

 

[mudpuppy]

It's ice fishing. This at least adds some action to it. 

And by action, I mean the kind you can only get with an electronic deeper machine. 

Hey-oh!

Wait, the action is so frigid it's called ice fishing?

 

[csb]

Wait, the action is so frigid it's called ice fishing?

You're damn skippy. It's been twelve years. 

 

[Dleg]

They should make a companion device designed to tell you when your ice auger hits water, called "Is it in yet?"

 

[snickerd3]

still need to finish the stupid taxes.  just got the etrade forms last week....not too bad.  We apparently didn't sell anything last year so it was just dividends and carryover losses from the year before.   Refund refund refund!!!

 

[Dleg]

I think I'm temporarily screwed - one of my tax forms for a mutual fund I have a small amount of money in - appears to have been lost in the mail.

And more permanently screwed - I rolled over my old territorial government retirement fund this past summer. Or so I thought.  When it finally went through, about 1/3 of it was supposedly "post tax" and I got a check for that.  A big check.  But now I have the tax forms, and it just lists this big amount as a distribution - other, no exemption.  No indication that this is post-tax, or whatever.  I am not sure what that means, but I fear that I may owe huge money.  Time to get to a real accountant!

 

[Road Guy]

for the lost form cant you get it online - and then get the $$ amount to put in?

I have a small amount of a stock that is always late on its 1099- so I have always just "estimated" the amount (& not got burned yet) when I got tired of waiting on it

on the roll over part- I do think you have to some how "prove" that its post taxes.  I cashed in a little money from a roth a few years ago and I got the statement that I had this money, and I don't recall exactly but there was a section on turbo tax where you fill out  a form and put in the years the money was earned and whether it was pre or post tax..

 

[Dleg]

I recall getting some sort of statement from the fund manager when the distribution came through last year (I had to ask for the statement - WTF), which i am hoping explains it / provides proof.

Yeah, I seem to always be late on the 1099 from the mutual fund, or it gets lost somehow, so I have also just estimated it a few times.  These days I think I can just get it online.  I am sort wondering who has it, though, since there's been a lot of mail theft in our town.  I kind of hope some dirtbag does have it, because he will look at the amount and think I've got nothing worth stealing.

 

[Road Guy]

I will ask the wife this weekend, I swear she should have been an accountant cause she "loves" tax season.. (especially when we are not having to pay out) but I recall there being some freaking out and then she figured it out.

We have been in our current house 3 + years and I still get a shit ton of banking statements from the previous owner.  I used to have her address and for about a year I would take them to her but she moved and I don't know where they are so I just shred them.  I have gotten tired of writing Return to Sender on them.. 

We rolled almost all of our retirement stuff into vanguard and then checked online only to cut down on criss crossed mail

 

[P-E]

I think vanguard index funds are the way to go. Still do paper.  I'm lazy about getting on-line when I leave work.  

 

[Supe]

So Mrs. Supe made about double what she expected, and I've spent two days trying to figure out how to get my f*cking W-2 from this company to no avail.  This is going well.

 

[snickerd3]

I will ask the wife this weekend, I swear she should have been an accountant cause she "loves" tax season.. (especially when we are not having to pay out) but I recall there being some freaking out and then she figured it out.

We have been in our current house 3 + years and I still get a shit ton of banking statements from the previous owner.  I used to have her address and for about a year I would take them to her but she moved and I don't know where they are so I just shred them.  I have gotten tired of writing Return to Sender on them.. 

We rolled almost all of our retirement stuff into vanguard and then checked online only to cut down on criss crossed mail

we are at 8+ yrs in our house and still get mail for the previous owners the first couple months of every year.  I used to write return to sender but if they couldn't manage to remember to change their address on important things by now I don't even offer then the courtesy of a shred.  It goes straight to the recycle bin.