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Thread: Tax Time!

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  1. #1

    Default Tax Time!

    Here is a great site for those who are brave enough to do their own taxes. I have used this for well, probably 2 or 3 years now. It is simple, fast and free.

    TaxActonline.com

  2. #2
    Senior Robin Hood Guy Ian Gills's Avatar
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    Thanks. I do my own taxes because it's easy.

    It's easy because I am an immigrant living here so I don't get many of the deductions you American citizens do. The only deduction we do get is the State income tax we have already paid. Forget about anything else, because it's not even on the form we are supposed to fill in.

    This year, I am about to post a $1500 check off to the IRS on top of what I have already had withheld.

    Whereas most of you will be getting refunds.

    At least I do not seem to get fined for the huge amount we owe every year.

    Oh the joys of being classified as a "non-resident", even though you live here.

    The "maximum refund" adverts I see on TV make me laugh. They would not know where to start with me....starting with the concept of "refund". Most of them can't deal with anyone that has to file something different from the standard 1040 form anyway.

    At least my contribution should help this Great Government Grow and continue to do good work for America and her children.

    Let's hope they use that $1500 to hire another Federal employee. I'll rest well tonight knowing I have sent it to them.
    Last edited by Ian Gills; 01-22-2010 at 05:54 PM.

  3. #3

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    Try that site, it is free and from the govn you will love it. It has all the bells and whistles instructing the newest laws, newest deductions etc, Ian. I did my taxes yesterday electronically filing, and today got the email it was accepted and will be direct deposited for free. The Federal that is. To file the State costs like ten bucks. So, I mail that one in. It is really easy to use, it gives alerts to things you might want to double-check, etc. For me, it was pretty simple. I went from different status in the past 4 years. I used to fie married joint, well, then couldn't. But, then, since I still had a dependent child still under 24 and in college, I was head of household; then, he graduated and now, I am a single status. Which I hate by the way, I loved being married. But, this site explained the rules I didn't need to do anything other than to click on the explanation . Ian, it is so nice. It has everything right in front of you. Now, the real dilemna as to what I am going to do with all that moola! Now, I am joking about the money because every year my husband and I donated our refunds to St. Jude's Hospital for kids. Since his death I have still followed suit. This site really does make it painless, and I do itemize medical, college and teaching expenses, real estate taxes, interest paid on my home, the works. And, I still get it right. Easy, easy, easy..

  4. #4
    Senior Robin Hood Guy Ian Gills's Avatar
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    Sounds really good. Thanks. I'll try it. I like to get the taxes done early each year.

  5. #5

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    Don't know if you know this or not, but most audits (if I am remembering correctly) occur to those who do them closer to the deadline.
    Last edited by Cookie; 01-23-2010 at 06:19 AM.

  6. #6
    That's all folks! Gary Slusser's Avatar
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    Which is financially smart.

    The same for those that don't let the government have their money to only give it back in a refund with no interest.

    I pay to have my taxes done. For me the the charge is deductible and I don't have to do more than give the person the data. And they take on liability and will have to answer for any mistakes; which over 30 years have been small mistakes and very few of them; usually a missed deduction and they filed an amendment. I also don't pay quarterly estimated taxes, I pay a penalty that is only slightly more than the cost to pay someone to do and file the quarterly forms and I caulk it up as a cost of doing business.



    The main reason people like a refund is because it is a forced savings plan because they don't have the discipline to save the money themselves, so they let the government do it for them at no interest and send them a refund, at government expense.

    BTW, if I had my way... the state and federal income tax codes, along with present sales and property taxes, would be shredded and everyone (including businesses) buying anything but food to be cooked at home and up to $400 for clothing a month would pay a sales tax; no exemptions or exceptions. And we would be teaching children from about kindergarten how to manage personal finances.
    Gary Slusser Retired (= out of business)
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