Tax Season

Mon Apr 15, 2019 11:27 am

Factorial wrote: ↑Mon Apr 15, 2019 11:24 am
Lemon Berry Lobster wrote: ↑Mon Apr 15, 2019 11:01 am
Factorial wrote: ↑Mon Apr 15, 2019 10:53 am
Lemon Berry Lobster wrote: ↑Thu Apr 12, 2018 8:39 am Oh look, second year in a row I owe $695 to the government because I didn't have health insurance.
Do they still make you pay this?
I had insurance this year, otherwise I would have had to. The lady that did my taxes said this will be the last year they are able to fine you.
It will probably be back in 2020 if Trump used an executive order to get rid of it.

I believe a Federal judge in Texas deemed it unconstitutional. Not sure if that all that was needed to kill it or what. Either way I won't have to worry about it.

Post by **tifosi77** » Mon Apr 15, 2019 2:01 pm

Maaaaybeeee get insurance?

Post by **tifosi77** » Mon Apr 15, 2019 2:03 pm

We owed $1500 federal, had a $500 state refund.

On $100,000 less joint AGI.

Post by **Lemon Berry Lobster** » Mon Apr 15, 2019 2:11 pm

tifosi77 wrote: ↑Mon Apr 15, 2019 2:01 pm Maaaaybeeee get insurance?

ACA was too expensive. Employer provides insurance now.

Post by **mac5155** » Mon Apr 15, 2019 6:29 pm

TIL
Interest and dividend is not taxable income at the local level
You can deduct HSA contributions on your state return

Huh.

Post by **willeyeam** » Wed Apr 15, 2020 9:19 am

Today was supposed to be a Good Day. I'm going to the dentist at 1 because I think I need a root canal. Eff the coronavirus man

Post by **NTP66** » Wed Apr 15, 2020 9:28 am

Oof. Good luck, I hate root canals.

Post by **willeyeam** » Wed Apr 15, 2020 9:30 am

never had one, but my tooth is killing me

Post by **CBear3** » Wed Jul 15, 2020 10:22 am

Sooo, my father is waiting until the last minute to do their taxes, yet again. He'd been trying to find my mother's paper Social Security statement, but had no luck. So he went online to retrieve it and it asks you all those credit ID questions, "In 2012 you took out a loan on a home at which address" with multiple choice answers. You know the type.

Yeah, well, none of the questions popping up pertain to my mother. So he thought maybe they somehow were mine or my wife's from the short time we lived with them, but that ain't it either. Looks like somebody stole my 70 year old mother's identity.

Post by **iamjs** » Wed Jul 15, 2020 11:26 am

went to do my taxes today and realized I don't have the form with the interest from my mortgage. I'm thinking it's at home.

I know it was sent out and I have it. Now it's just a matter of finding it.

Post by **skullman80** » Wed Jul 15, 2020 11:36 am

iamjs wrote: ↑Wed Jul 15, 2020 11:26 am went to do my taxes today and realized I don't have the form with the interest from my mortgage. I'm thinking it's at home.

I know it was sent out and I have it. Now it's just a matter of finding it.

Should be online I would think if you log on to whoever holds your mortgage.

Post by **mac5155** » Wed Jul 15, 2020 11:37 am

You probably don't need it unless you have 12500 in deductions (I think is the Single deduction)

Post by **AuthorTony** » Wed Jul 15, 2020 11:37 am

CBear3 wrote: ↑Wed Jul 15, 2020 10:22 am Sooo, my father is waiting until the last minute to do their taxes, yet again. He'd been trying to find my mother's paper Social Security statement, but had no luck. So he went online to retrieve it and it asks you all those credit ID questions, "In 2012 you took out a loan on a home at which address" with multiple choice answers. You know the type.

Yeah, well, none of the questions popping up pertain to my mother. So he thought maybe they somehow were mine or my wife's from the short time we lived with them, but that ain't it either. Looks like somebody stole my 70 year old mother's identity.

Is "none of these" a possible answer?

Post by **willeyeam** » Wed Jul 15, 2020 11:40 am

**** tax season and **** 2020

Post by **CBear3** » Wed Jul 15, 2020 11:44 am

Nope. None of these was not a possible answer on that one.

Post by **AuthorTony** » Wed Jul 15, 2020 11:44 am

Since all the cool kids are doing it... I just had to send Trump $3,974 and Wolf $750. Bastards.

Post by **MrKennethTKangaroo** » Wed Jul 15, 2020 11:48 am

This is a quick fix and the kanagroo will not hold himself liable for any potential problems, but ss payments don't change year over year with the exception of the cost of living adjustment. just google 2019 cost of living adjustment, multiply the 2018 taxable benefits by the COLA, then you have a relatively decent guess at what the 2019 was. it is better than nothing.

Post by **CBear3** » Wed Jul 15, 2020 11:49 am

I would be getting $850 back from the government if I wasn't still paying from past years shortfalls. Had to pay Missouri $2300 though.

And thanks for the tip KtK

Post by **MrKennethTKangaroo** » Wed Jul 15, 2020 11:54 am

willeyeam wrote: ↑Wed Jul 15, 2020 11:40 am **** tax season and **** 2020

queue up some ice cube, baller

Post by **willeyeam** » Wed Jul 15, 2020 11:56 am

MrKennethTKangaroo wrote: ↑Wed Jul 15, 2020 11:54 am
willeyeam wrote: ↑Wed Jul 15, 2020 11:40 am **** tax season and **** 2020
queue up some ice cube, baller

nah this one wasn't worthy of ice cube

Post by **King Colby** » Wed Jul 15, 2020 11:59 am

My withholdings are all F'd up and I had to pay $3500 to the feds.

I guess having a kid in 2020 will cover most of that... i still should probs lower my exemptions by 1

Post by **iamjs** » Wed Jul 15, 2020 12:45 pm

skullman80 wrote: ↑Wed Jul 15, 2020 11:36 am
iamjs wrote: ↑Wed Jul 15, 2020 11:26 am went to do my taxes today and realized I don't have the form with the interest from my mortgage. I'm thinking it's at home.

I know it was sent out and I have it. Now it's just a matter of finding it.
Should be online I would think if you log on to whoever holds your mortgage.

I had to request it since the place that had my mortgage was bought out, rebranded, and did not do any online support for that specific company.

Post by **dodint** » Tue Sep 01, 2020 12:28 pm

*sigh*

Federal employees are not allowed to opt-out of the deferral of OASDI. So we're going to stop paying the 6.2% social security tax from Sept-Dec, and then pay it back Jan-April. Effectively I'll go from a 6.2% to a 0% to a 12.4% rate between now and April.

Dumb!

Post by **willeyeam** » Wed Sep 02, 2020 1:16 pm

so dumb

Post by **MrKennethTKangaroo** » Wed Sep 02, 2020 1:56 pm

Would be a good idea if you could opt out

But dumb