snickerd3
Taking suggestions
our prelim #s without the mortgage interest, child care etc...we would basicall break even, but with the deductions we should be getting something back, not much, but something
Sometimes you just need to scream!!!
- Thread starter maryannette
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Capt Worley PE
Run silent, run deep
That reminds me that I have to start collecting forms...
cdcengineer
Sharp as a piece of beach glass
TAXES!
Gimme a flat rate and get rid of these complex BS forms
Gimme a flat rate and get rid of these complex BS forms
Master slacker
Something awesome.
Take a tip from me. Don't do them.
Capt Worley PE
Run silent, run deep
Ours are actually fairly easy since we don't have nearly enough deductions to itemize.
wilheldp_PE
PE, LEED AP, SPAM KING
I usually only have 1 deduction, but mortgage interest changes my owing money to me getting money every year. This year, I had a significant charitable donation that also helped.
Dexman PE PMP
Internationally PMP'n his PE-ness
The problem is that once your income reaches a certain point, a lot of those deductions start to go away or are reduced...
Master slacker
Something awesome.
I try to do my best to anticipate my earnings and deductions a year in advance and NOT get a refund. I'd rather be the one to earn interest on my money (however small) instead of the gubment.
Dexman PE PMP
Internationally PMP'n his PE-ness
I don't mind if I get a refund or owe a small amount. The only time I hate taxes is when we hit those seemingly unknown thresholds that change your tax rate. I based 2011 withholdings off of our 2010 taxes, and still got hit with a $3500 bill. If the deductions weren't reduced because of our gross income, we'd be pretty damn close to break even.
I am assuming you would have gladly taken an extra tax deduction for 2011 had the opportunity presented itself before 12/31/11 at 11:59PM...
engineergurl
Resident Sweet Cheeks
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For a couple with no children, ours is beyond complicated. We have had to file in 5 states in one year once (this year we are down to 4 but it will probably be back up to 5 again next year). We can also never predict what is going to go on that year... 2011 we sold a house, bought a car, had moving expenses, I got another raise... the multi- state thing was enough to get me to go to a CPA (bring him $100 and a case of beer every year) and he has always managed to do good by us...
engineergurl
Resident Sweet Cheeks
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what can I say, I've got people 
it's actually a friends dad... lol places like HR Block would charge us out the wazoo to file the way we have to... this year it's IL, Va, Al, Ga and maybe NC... even to do it myself online it would cost more with Turbo Tax than what he charges...
it's actually a friends dad... lol places like HR Block would charge us out the wazoo to file the way we have to... this year it's IL, Va, Al, Ga and maybe NC... even to do it myself online it would cost more with Turbo Tax than what he charges...
csb
Well-known member
I'm afraid to even fill in our taxes yet. The little refund/owe number up in the corner of the screen feels like I'm playing slots. We should break even, but I just never know. We owed $1300 one year and then the next year we had to pay extra because the government thought we were holding out on them. BS.
Undertaker
Dead Man Walking
Oh damn it. Not again. Taxes?
csb
Well-known member
I am the tax guy, but my girlfriend doesn't want to go anywhere this year.
Our taxes end up being pretty simple- mortgage, student loan, charity, few random tax breaks. It takes a long time, but at least I can stop, save, and go find things.
Our taxes end up being pretty simple- mortgage, student loan, charity, few random tax breaks. It takes a long time, but at least I can stop, save, and go find things.
snickerd3
Taking suggestions
I think I am still waiting on 2 interest forms then I can start once we buy a turbo tax program.
Dexman PE PMP
Internationally PMP'n his PE-ness
My issue isn't necessarily with actually doing the taxes (finding the paperwork, filling out the forms, etc), it's with what needs to be done to prepare in the year before. What do I need to do now so that when I file tax paperwork next year I won't be bent over by the IRS again.
