So I figured I'd start it. Discuss the amount you paid or the amount the government paid you! Discuss your filing experience or, if you're not a filer, make fun of people that are!
Me? It seems that my taxes keep getting harder. I've filed my own taxes for two decades. I've done pen and paper, store bought software, free internet filers. This year appears to be the hardest. Even using online tax preparation it is still mind numbingly stupid. You would think that my tax situation isn't too complicated. I've work three jobs in '10. I have one retirement income. I cashed in some savings bonds. My wife worked one job. That all entered fairly well. I own (paying for) two houses. I rent one out. I have rental income and expenses for upkeep. For some reason I always have to enter figures from 2003 for the rental and this year it seemed even worse. I spent money on repairs. Or were some of them improvements that I need to depreciate over the years? I drove one of my personal vehicles over 1300 miles and have lodging expenses for when I went to complete upkeep and repairs but, it seems, that I have to have some portion of the vehicle business related and then continue to track that when I sell it. Blah, blah, blah.
It's absolutely asinine.
I've never like the idea of a flat tax but I sure prefer it to this garbage. I can't remember, was one of Obama's promises that he was going to simplify the tax code? Not that I believed any of the ones he never intended to keep but they seem worse than ever this year.
I really wish they would go to the Fair Tax. It'll never happen. Half of the "tax payers" get it all back or more and I'd be willing to bet that a good chunk of the other half thinks the government is giving them money when they get a refund.
Oh well, still have to enter the tax information for my residence and then I'll see if I feel like digging deeper into the rental. Oh, joy, then I can start working on state. Normally I don't have much to worry about but as of November I became a resident of a state with an income tax.
Me? It seems that my taxes keep getting harder. I've filed my own taxes for two decades. I've done pen and paper, store bought software, free internet filers. This year appears to be the hardest. Even using online tax preparation it is still mind numbingly stupid. You would think that my tax situation isn't too complicated. I've work three jobs in '10. I have one retirement income. I cashed in some savings bonds. My wife worked one job. That all entered fairly well. I own (paying for) two houses. I rent one out. I have rental income and expenses for upkeep. For some reason I always have to enter figures from 2003 for the rental and this year it seemed even worse. I spent money on repairs. Or were some of them improvements that I need to depreciate over the years? I drove one of my personal vehicles over 1300 miles and have lodging expenses for when I went to complete upkeep and repairs but, it seems, that I have to have some portion of the vehicle business related and then continue to track that when I sell it. Blah, blah, blah.
It's absolutely asinine.
I've never like the idea of a flat tax but I sure prefer it to this garbage. I can't remember, was one of Obama's promises that he was going to simplify the tax code? Not that I believed any of the ones he never intended to keep but they seem worse than ever this year.
I really wish they would go to the Fair Tax. It'll never happen. Half of the "tax payers" get it all back or more and I'd be willing to bet that a good chunk of the other half thinks the government is giving them money when they get a refund.
Oh well, still have to enter the tax information for my residence and then I'll see if I feel like digging deeper into the rental. Oh, joy, then I can start working on state. Normally I don't have much to worry about but as of November I became a resident of a state with an income tax.
"I would rather claim to be an uneducated man than be mal-educated and claim to be otherwise." - Wookie 03:16