Getting a jump on 2012 taxes

<p>I can’t imagine same day electronic refunds. Perhaps you should review the expectations at the IRS site</p>

<p>Turbotax. CD charges for the software including stat returns. I don’t think that they have rifling fees but I didn’t try it out. Maybe next year.</p>

<p>I did find websites that would prepare MA returns but they would charge to efile so you could do your return and then copy the generated forms to paper forms to avoid filing fees</p>

<p>Thanks . IRS website info …Withdrawal would occur on next business day…bank MAY making amount pending. This didn’t happen, I will check tomorrow. I was completing D’s return at same time, worried I put her bank info on my return, not enough funds in that acct!</p>

<p>Go to the IRS site and you can track your refund. Sometimes it takes 24-48 hours after efiling for it to get into the system. Need to know your SSN, filing status (single, married etc.) and exact amount of your refund. The site will tell the exact status of your refund, and when it will be deposited or mailed. </p>

<p>I don’t know the refund would ever get deposited the day of filing. Until Mef this year, they were always at least 10 days, deposited on a Friday, or if paper check, mailed one Friday later.</p>

<p>I am not getting a refund…the software stated the DEBIT would occur the same day the return was accepted.</p>

<p>Oh, sorry. I didn’t read your original post closely enough. Does your efile paperwork include your banking details?</p>

<p>Doing multiple returns can be a problem - putting the right thing in the right envelope or entering the right number with the right return, etc.</p>

<p>No, unable to look back at what banking info was entered. Your suggestion to view the IRS website was helpful.
Next year D will complete her own return!</p>

<p>Who is most likely to cheat?
Sole proprietors in the rich suburbs of Los Angeles, San Francisco, Houston, Atlanta, and Washington, DC.

</p>

<p>

“Areas with high concentrations of small business owners who were very unlikely to cheat on their taxes” were the Aleutian Islands in Alaska, West Somerville, Mass., Portersville, Ind., and the Bronx neighborhood Mott Haven in NY.
[AP</a> Exclusive: Likely Tax Cheats Flock South, West - TheStreet](<a href=“http://www.thestreet.com/story/11895003/1/ap-exclusive-likely-tax-cheats-flock-south-west.html]AP”>http://www.thestreet.com/story/11895003/1/ap-exclusive-likely-tax-cheats-flock-south-west.html)</p>

<p>Love your link…Krlilies…</p>

<p>First off only poor people on welfare and disabled people on ssi cheat. So we have to cut these programs… With a hatchet.</p>

<p>Ok pensioners cheat. We have to break contracts and cut pensions. And lower our taxes too while we are at it.</p>

<p>And in that light we should cut every deduction in rental housing because people cheat.
Same logic, right. When cheaters are found, just guy everything.
I know people say no. We just want to cut out the cheating when we gut programs. Yeah. Right. How do you cost effectively surgically cut a program to cut cheating? It is similar to cutting off a head because the person had cancer. Well, there is cancer in two percent of your body… So we scalped you. Lol</p>

<p>’“The tax gap was $345 billion in 2006, according the latest IRS estimate.”</p>

<p>That was similar to what I wrote in a different thread. It is ok though. Because taxes suck so who cares if people cheat on their taxes? Doesn’t affect anybody… Except of course it does.</p>

<p>I don’t own rental property and I am not getting a pension so lets gut those area. It is the American way.</p>

<p>Oh… I live in one of the SF burbs and I was a sole prop. Oh oh…</p>

<p>Ok I talked to the controller about my messed up k1 and he admitted they botched it. So… At least we are on the same page. </p>

<p>These kind of things annoy me. I know they shouldn’t. The acknowledgement soothes me. Lol</p>

<p>I have another k1 in my email inbox from another firm. I am afraid to look at it . Lol</p>

<p>[Why</a> doing your taxes is much harder than it ought to be](<a href=“http://www.washingtonpost.com/blogs/wonkblog/wp/2013/04/15/why-doing-your-taxes-is-much-harder-than-it-ought-to-be/]Why”>http://www.washingtonpost.com/blogs/wonkblog/wp/2013/04/15/why-doing-your-taxes-is-much-harder-than-it-ought-to-be/)</p>

<p>Nice idea but don’t see it working in real life. I guarantee the IRS would bungle more than it got correct, and most state departments would do even worse. How would they know your dependency exemptions, contributions, real estate taxes, license plate taxes, etc? I’d have to deal with even more notices than now /shudder/</p>

<p>Just mailed my stuff. Feel so much better despite the large $$$ I had to pay. And D had to pay up, so I mailed her check as well and e-filed her return.</p>

<p>Eh. Big company lobbies to preserve their business income. Does this surprise anybody?</p>

<p>

For millions of people, filing taxes is already pretty simple. W2, a little interest, maybe some state taxes and mortgage interest. You can already do this in 20 minutes for free on-line.</p>

<p>Plus, if you think the IRS can actually get all this right, you have a lot more faith in them than I do.</p>

<p>I do wonder why none of the tax software companies have added photo technology yet - take a picture of your W2 or 1099 with your cell phone and have it added automagically to your return.</p>

<p>

A little overly dramatic.</p>

<p>A lot of people take the standard deduction… It wouldn’t be hard to go to the IRS website… Full in a few blanks and be done…</p>

<p>Turbo tax is fine… It is an extra step…</p>

<p>Complicated returns can still file in different ways…</p>

<p>The tax system can always be changed too…</p>

<p>[A</a> Tax System Stacked Against the 99 Percent - NYTimes.com](<a href=“A Tax System Stacked Against the 99 Percent - The New York Times”>A Tax System Stacked Against the 99 Percent - The New York Times)</p>

<p>“Plus, if you think the IRS can actually get all this right, you have a lot more faith in them than I do.”</p>

<p>That’s for sure! I just got a notice that the IRS refigured part of my taxes, and of course it’s not that we’re due a refund. I was going to automatically not question it and send them a check, because I am scared of the IRS…but when I looked closely, it appears that they basically managed to double one number, causing us to pay double of what we owed. A basic, obvious mistake, if they had just eyeballed it, they could see the problem.</p>

<p>I wouldn’t trust them to get anything correct.</p>

<p>“For millions of Americans, the IRS already knows most, or even all, of what it needs to know to enable you to complete your income taxes. Your employer reports how much it paid you in wages to the taxman; your brokerage firm reports how much stock dividend income you received; your bank tells the IRS how much you paid in deductible home mortgage interest.”</p>

<p>"What if the IRS filled it out for you? (Daniel Acker/BLOOMBERG)</p>

<p>So wouldn’t it be great if you could log into IRS.gov and see a form with all that information already plugged into a 1040? You could then add or update any other relevant information (say, a charitable deduction that did not get reported), and hit “send.” For millions of people with relatively simple tax situations, filing annual income taxes would be no more punishing than paying a parking ticket online — certainly not much fun, but not an onerous, soul-sucking experience, either.
There have been bipartisan proposals in Congress to create exactly such a program of “return-free filing,” including a 2011 bill proposed by Sens. Ron Wyden (D-Ore.) and Dan Coats (R-Ind.). It seems like the kind of sensible, modest thing the government can do to make peoples’ lives quite a bit simpler."</p>

<p>I had to reread this after reading some of the comments on this thread.</p>

<p>Yeah…</p>

<p>So who is at fault - Intuit, for lobbying to protect their business, or Congress for selling out?</p>

<p>Although if Intuit et. al. were a little more forward-looking, they would realize this is an incredible business opportunity. Instead of preventing this while giving their stuff away for free on-line, they should be partnering with the IRS to be the software that sucks this information from the IRS, and charges you $10 or whatever for the privilege of not having to do the data entry.</p>

<p>There is no fault. If there is a better way to do something, maybe we should do it. </p>

<p>We don’t have to judge people, blame people, punish people. The technology is changing and there are opportunities to make things easier for people. </p>

<p>Why should our kids have to deal with these tax returns for example?</p>