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I did my taxes and e-filed in early February.
Federal accepted everything fine, but a couple days later I get a letter from the CA FTB that I owe them $1k, instead of the $900 refund I was expecting.
Turns out the old payroll company for my employer didn't file any of the necessary paperwork to the state for the entire 4th quarter of 2007. Jerks.
Happy ending though...I faxed them my last paycheck of the year and my W-2 and they resolved my issue. Good thing I read P.F. blogs so I knew not to spend my refund before I got it or that 5 week delay would've sucked. :)
Appreciate your articles...they are always informative.
Put me in for one of those flash drives.
Thank you,
~Ron
None. Just use TaxCut and do it yourself!
So, go ahead. Make ME the butt of this joke!
I am not sure how humorous this is, but in 2007, I increased the amount of withholding on my paycheck to retain more of my money. I thought I had calculated the numbers correctly and was expecting to break about even or even pay to the feds. I received the exact same refund for my 2007 taxes as I did for my 2006 taxes despite an increase in income! (The energy tax credit was a big factor I think). So much for keeping my money and breaking even!
Taxes in Sweden are generally high, 50% on the part of your income over $50k, but 80% must be some kind of record...
Keep up the great work on CC. I always enjoy it.
TaxCut is quick and easy, and more importantly, Block is not an evil entity like Intuit.
my two cents.
I hope these are randomly selected and not selected by cleverness of comment.
Usually I would have finished doing the taxes by now. Warmer weather is my cue to hunker down and get busy. Today it’s 25° and snowing. It doesn’t feel like it’s time yet.
Doing taxes is also my excuse to avoid going outside when I don’t feel like it just because it’s nice outside. When spring comes, everybody who can’t wait to go out thinks everybody else feels the same way. I don’t.
Well I'm sure they will get done eventually, but it might be fun to try it out myself rather than bringing them in as I have in the past.
Well I already filed my taxes, and they accepted them, but it would be really nice to have tax software since it cost me $30 to be walked through and file for state, and nothing to file federal.
Why does everyone want my money? lol
I just hope I get a copy of TaxCut!
We went to pick up our return about a week later. The accountant had forgotten to write up our MORTGAGE INTEREST as a deduction. We just rolled our eyes and started sobbing. Oh the incompetence! So, we sent the whole packet back and got a second return from the CPA's office several days later. Combing through the records we found they hadn't counted our Church donations as tax deductions. The single biggest charitable donation we make every year? Holy smokes. Strike 2!
We weren't able to find any more mistakes by the CPA, but needless to say, we have not gone back to that CPA again, nor any CPA for that matter. It's electronic or nothing now.
Bring on the Tax Cut!
-Chris
I can also really really use a 1GB flash drive. :)
Thanks!
Susan
In the 80s, when the investment tax credit was available for new business purchases of equipment, etc., my tax advisor called me to say that the buzz was ITC was going to end soon. He said that if I were planning any new purchases, I'd better do it right away to take advantage of the credit. I dutifully went right out and bought a new Saab as my new business car, thinking I'd slipped in under the wire. It turned out the joke was on me; the IRS abolished the ITC RETROACTIVE to January of that year, leaving me with a new Saab and no ITC. Oh well!
Atticus
BTW, a quick note about my personal finance situation and the importance of an emergency fund.
My wife's mac finally crashed after 7 years so we had to purchase a new laptop along with the associated software she needed to continue her at home job, web design.
Also we had to pack the family up for an emergency trip across country to visit relatives after the death of my grandmother.
Together, these two items wiped out our emergency fund. Something we didn't have 3 years ago. We are going to have to work to build it back up, but hopefully we won't have any other emergencies in the short-term to derail us.
How did we survive as a country prior to that point? (sarcasm)
Since 1913 our government has become an overgrown beast willing to take from the hard working and give to all who have their lazy hands out.
Feared I'd owe them very dear
Almost had a heart attack
When I saw how much I'd get back
Yea for TaxCut. (And they only sent me two CDs so I'd love to make off with one of their thumb drives... : )
Thanks.
"Vice President Dick Cheney's getting a tax refund of $1.9 million. How do you get a $1.9 million refund when your salary is $205,000 a year? How does that work? ... Apparently, he's writing off the guns and ammo as business expenses." --Jay Leno
Thanks a lot!
I had my taxes done a couple weeks ago and mailed in my payments ::tear:: last Friday. Feels good to be done even though I owed.
I thought I should try to do his taxes for him from now on so this giveaway would be great. Thank you.
I followed up later but did not follow *through*, and lost almost half a grand as a result. Argh.
Jun
I don't know if this counts as a joke, but it happened recently! There was this guy who was following me around at a party, and I really didn't want to talk to him. Finally he corners me and says, "You know, you can't escape death or taxes." So I say, "let me guess, you are death." And he laughs, and says, "close...I'm taxes...I'm an IRS agent and my name is Tom." While I felt for the guy, I was also really annoyed by his persistence. "Wow, and girls find that a turn-on??" I asked lightly, while looking around for help. Fortunately, I saw Eric, my friend who is 6'2" and in the Army special forces coming to my rescue. So I tell the IRS guy, "Its nice to meet you, Tom. But even you can't escape death. That's my boyfriend over there (I said pointing to Eric), he's just come from Iraq where he killed a bunch of people. And he's coming for you now." He disappeared.
I wish it was that easy to get rid of all the IRS guys...
Thanks
:
Dear Internal Revenue Service:
Enclosed you will find my 2006 tax return showing that I owe
$3,407.00 in taxes. Please note the attached article from the USA
Today newspaper, dated 12 November, wherein you will see the
Pentagon (Department of Defense) is paying
$171.50 per hammer and NASA has paid $600.00 per toilet seat.
I am enclosing four (4) toilet seats (valued @ $2,400) and six
(6) hammers valued @ $1,029), which I secured at Home Depot,
bringing my total remittance to $3,429.00. Please apply the
overpayment of $22.00 to the “Presidential Election Fund,� as
noted on my return. You can do this inexpensively by sending them
one (1) 1.5″ Phillips Head screw (see aforementioned article from
USA Today newspaper detailing how H.U.D. pays $22.00 each for
1.5″ Phillips Head Screws). One screw is enclosed for your
convenience.
It has been a pleasure to pay my tax bill this year, and I look
forward to paying it again next year.
Sincerely,
A Satisfied Taxpayer
Please put me in the contest.
-Jim
Thanks