<p>Taxes are done as of today; accountant had sent a draft some days ago, I went over it, and saw it needed some adjustments. Got another draft over the weekend, and still there was one more thing that had to be fixed; last draft came today, it’s okay, so I’ll fax the electronic signatures forms in the morning, and that’ll be that.</p>
<p>Large refund this year, which is going toward tuition.</p>
<p>~~ sigh ~~</p>
<p>I guess I won’t be going to my boarding school reunion after all. :(</p>
<p>I did mine the day I got my W2 back in January and had my return 4 days later. No way they were holding onto the money they owed me any longer then necessary!! I had a GREAT return!</p>
<p>^ We never get refunds, unless I miscalculate with my estimated taxes. I see no need to lend Uncle Sam money I don’t need to. We therefore rarely even try to get taxes done before the first weekend in April.</p>
<p>finished up about 11 last night. wrote the two very large checks this morning, one to the state. my electronic file didn’t take the first time, good thing I checked! I entered a fed id# incorrectly from a 1099. got that fixed this morning and will run to the post office at lunch. whew!</p>
<p>We were done about a month ago … however the automated depletion of our checking account happens some time today … we plan on owiing money every year so we have our money as long as possible; but it still hurts to see the account shrink so much so fast.</p>
<p>Dropped the three returns and other stuff at the post office. No big lines. They had a date stamp and offered receipts for the returns but I declined. Another year done. Showed my son the returns and he was amazed at the complexity of the Massachusetts return.</p>
<p>A minor comment on living in high-tax states vs low-tax states. I grew up in Massachusetts and moved to New Hampshire in my late 20s with a job relocation. I was amazed at how much money I had left over every month due to the differences in taxes and it explained to me why it was so difficult to make financial progress in Massachusetts if you didn’t have a sky-high income or two professional incomes. Now those in MA get to enjoy a lot of things paid for by those taxes but with the bigger government comes more corruption and wasteful spending and Massachusetts has that in spades.</p>
<p>MOWC! get moving!
mailed my big ($$$$) checks at lunch. I hate capital gains. i guess it pays for a lot of stuff though. no lines, even found a parking spot out front.</p>
<p>^^ H does them and INSISTS on doing so (and doesn’t need any help from an accountant or anything- except in the years ours was particularly complicated). He procrastinates until the last minute. The good thing about last year’s totally wasted FAFSA effort was that he had to get them done earlier. He’ll make it by the end of today, but it really pi$$es me off. We go through this every year. And ours are not just the few simple forms, either.<br>
In other news, WildChild did his own return for the first time and owes quite a bit, much to his shock and horror. So much for his stock trading ventures… As he said, “Racked up quite the tab at Club IRS this year.”</p>
<p>MOfWC, your son should be happy to write that check if he made some real money in the past year and did not have too many wash sales. I really hate to deal with those (and Schedule D in general).</p>
<p>I stopped by the Post Office this morning and mailed mine and D’s. The line was short, and the clerks were unusually nice for April 15th (PO has had a significant drop in revenues, so they welcome anyone who is willing to spend money on postage!).</p>
<p>I did our taxes on Turbo Tax for years…until last year…they got too complicated so we went with an accountant. Ouch…the bill was NOT pretty. This year, we submitted by mid March and he just gave us our stuff on Sunday, with another horrific bill ( I thought maybe it would go down since “setup” was done last year). Yikes. I hate last minute stuff and I hate writing yet another big check! I might go back to TT next year.
MOWC, you may want to consider talking to your H about taking over next year. Turbo Tax makes it easier. Maybe just buying it will motivate your dear H to start earlier
I also think both H and W should know the details of taxes…</p>
<p>I found TurboTax really handy this year, because I could do my whole return with my estimated numbers early in the year, for filling out the FAFSA–and then revise it with the real numbers after I got all my W-2s and such for the actual tax filing.</p>
<p>Oh, H has TurboTax or some similar thing. He’s a computer whiz. He said there were a lot of line items from stock sales etc that had to be individually entered and took forever. He claims to be almost finished. We’ll see.</p>
<p>Oops- he made a mistake and has to fix it. Not major. He already had the drink… I’m proud of myself. I didn’t yell about this at all today, and only a little bit yesterday.</p>
<p>A 30-40 min wait at the post office at closing time. I just dropped the letters in the bins; I just wonder about everyone else - to me, such a wait is 10x more cost than the value of certainty with registered mail.</p>
<p>i wound up getting a $$$$$ amount back, but I haven’t spent it yet. I used a tiny bit of it to re-fill my oil tanks while oil was still cheap… and I plan on using it to buy a lawn mower for my house… and a grill… and a table and chairs set for my patio. I’m also going to get a figure from my grandfather for how much it would cost to finish a room in my basement on my own (I LOVE DIY PROJECTS!) and put a pool table down there. depending on what the figure is I may or may not actually do that. The rest of the money is staying in the bank for my rainy day/emergency fund.</p>