Taxes have been filed

[47of74]

Finally got my taxes done for the year.

I have a fair amount coming back this year but just couldn't get up the energy to do them sooner.

I'd sooner drill a hole in my head than jump through the 50 hoops to finish up taxes. They're still not complicated enough to warrant having a professional do them but they are complicated enough.

Ugh.

[dawg day]

1. Me too.

Every year I think I'd have a pro do it, but once I assemble and organize everything, I think why bother-- do it myself.

[csziggy]

2. I had to file for an extension

My taxes have been complicated enough for decades to need professionals to do them. With my parents' estates in the process of being settled, various businesses closing out, and delays in K-1s and 1099s, my accountants decided on an extension. The killer is, I had everything I had control over to them by mid-February. I sent the IRS money based on what I paid last year, but I suspect I will owe even more.

[DFW]

3. Mine are so complicated, I might as well have been trying to read a novel in Bulgarian

Last Friday, just as I was leaving for the airport to come to the USA, I got an email from my US accountants to please sign this and that and get it back to them with a huge check made out to the IRS by Monday. I said they couldn't ask this of me hours before it was due 5000 miles away. I scanned a few things, sent them off, and said do yer friggin' best. Useless gesture to boot. They're just going to have to give it back to me in October anyway, since German taxes are much higher, and offset what I owe Uncle Sam.

[PoindexterOglethorpe]

4. How many hours do you put in doing your taxes?

I've long been surprised that people will put in hours and hours doing their taxes as if their own time isn't worth something.

Plus, a good professional will know exactly what deductions you're entitled to. Personally, since I long ago stopped being able to do a short form, I think the money paid for an accountant is well spent.

[Vinca]

5. We've used a CPA for 30 years. It's just too much of a hassle to try to do them.

We have to pay a small amount of tax in another state and I do those and even that's a pain in the behind. It's probably not all that complicated even though we're both still self-employed (and on Social Security), but I've got better things to do with my life and it's really not that expensive since it's only once a year.

[MichMan]

6. Never have anything but the standard deduction for many years now

Why would I pay someone else to do them? Easier and quicker to just buy H & R Block software for $25 and do it myself.

Personally I was pretty pleased with the new tax law. Mine went down by a decent amount compared to last year

[mitch96]

7. Same here, TurboTax for years... too simple.

Like a tax professional, it asks me question and I give answers. $35. Either I owe $100 or get back $100. No free loans to the gov't..
m

[TomSlick]

8. Herself teaches tax accounting.

She used TurboTax to do our taxes. She swore at it some but it got done.

[sweetapogee]

9. Just stuck ours

in the mail this AM.

As far as payment/refund we are getting a small refund. I was actually expecting that I would have to write a check and the figure in my head was about several 1000 dollars. This is the first year with no dependents, no tuition and no mortgage interest write offs. So I understand some being upset, I have to say personally I'm actually relieved.

[MineralMan]

10. Just finished filling out a Form 4868 and writing a check.

Not enough cash in the bank today to pay the whole thing, so...

I'll send in the forms and whatever else I owe next month. TurboTax, because I've used it for several years and it fills out most of the forms without any input from me. I just change a few numbers and I'm done. It also handles my MN state tax forms and even that states property tax refund form. Easy peasy. Takes me about an hour when I finally get around to it.

Freelancing means IRS Tax extensions most years. There's never enough money in the bank, it seems.