So, who has done their taxes?
So, it is Monday, April 14th. Who has done their taxes? Who is waiting to drive out to the Airport mail center at 10pm on Tuesday to turn them in on time?
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Just filed for an extension.
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If you are sure you are getting a refund, dont worry about it and file late. No reason to rush to file by tomorrow at midnight.
And if you are going to owe, penalties are pretty minimal. The whole rush to the post office thing is vastly overrated. |
Who the hell does their own taxes? You must be poor.
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I got my refund the 1st week in February.
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Just got an e-mail from my CPA. I owe Federal and will get some back from the State.
This year was very, very painful. I need to spend more time on internet boards. |
I just got the dreaded phone call from the CPA last night. As he put it, the good news is I made more this year than last. The bad news is, my quarterly tax estimates did not even sniff how much I actually owe.
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My wife and I visted a tax bracket we won't likely see again for a long time...so we owed, but got a little bit back from the state, and should get some in June or whenever the money is supposed to come from Bush's plan.
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Got my tax return in February as well. The new baby & our mortgage surely benefited us in terms of taxes. I've since adjusted my exemptions so we shouldn't see that kind of return again anytime soon.
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I despise owing, so I tweak my W-4 to give me a high likelihood of getting a return without having too much over withheld.
My state return was exactly $0. |
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For a person to have a zero liability, they usually have to have a serious understanding of expected inflows and expenses for Q4. It isnt common, but it is definitely possible. While possible that he has zero liability, what is more likely is that Indy is just lying again. |
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Can you imagine the odds of hitting your estimated payments right to the button with what you owed. Now if I was in the 7% state bracket and owed $70 bucks, what is the harm in kicking in an extra $1,000 in expenses and have it come out even. |
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But it is possible. For example, someone who gets paid a few times a year (or once a year) may not plan on any income in Q4 at all. If you have already paid-in estimates to cover any potential interest income on holdings, then zero balance can be a reality. Although as 71 says, it is not common. |
I filed an extension, I just did my taxes from 2005 and 2006, so I am at least two years out on 2007. Yes I will owe.
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My best friend since junior high school is a CPA and has his own tax and accounting firm. I just shove everything into a box and take it to him to figure it out. He's a genius. (It also helps to have 4 kids). |
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I try to send in estimated tax payments quarterly. |
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I've had mine done since February (save NJ, which are done but need to be sent off tomorrow).
I am also on somebody's radar screen for an audit, probably. I would not be surprised. |
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I did mine online last night when I got home from work.
I hate doing my taxes, and usually wait until the last minute. Oh well, I won't complain since I'm getting a decent chunk of change back. |
Finished and filed them at 10:30 last night. I hate doing taxes, and might cave in one day and hire someone.
The good news is that I was expecting to owe, but it turns out we're getting a little bit of a refund. |
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