I leave it to my wife. She enjoys filling out the forms. She is a member of Mensa, and has two masters degrees. I figure she will figure it out properly in the end.
I’ve got everything except my online brokerage notified me that there will be some corrections to some of my 1099s (mutual funds) so I will wait until those corrections are done.
I thought 1099s didn’t have to be mailed until February 15? I could be wrong…it happens. [:D] I STILL haven’t received my W2 from Western Michigan University or Michigan State University. If they’re not here on Monday I guess I’m going to have to get on the phone.
I bought my Turbo Tax software a few weeks ago at Costco, but I am still waiting for (I think) about 6 more 1099s. Today, I will make a list of the 1099s that I have received, and compare that to my Quicken records to see what is actually missing.
Several years back, Janus was very late in sending out 1099s, despite the IRS requirement that they have to be put into the mailstream no later than January 31st. Since I don’t have any of Janus’ funds any longer, hopefully I will receive my remaining 1099s by Monday, and then I can plunge into the process. [:p]
Still waiting on W2s. [:(!][:(!] I have time to make an appointment next week, but I don’t dare until my paperwork finally trickles in. I hate working for universities.
For many years I bought the MacinTax (TurboTax) CD but now I use TurboTax Online. I tried TaxCut a couple of times and it was just okay. The TurboTax Online seems to handle the Schedule K-1 and two states better than CD versions.
For my company, I had to send out 1099-Misc to all our dancers, actors, musicians and teachers. Last year I used Paycycle for the first time – they charge ~$40 per year for this one job. This year, was soooo easy. I just edited payments and some addresses, added a couple people and boom, I was done. It made the forms for me to print to send to everybody, and submitted my report to IRS. If I forgot anyone, I can do it separate and there’s no extra fee. The onetime fee is for as many 1099-Misc I have for this tax year.
Easy peasy. Well spent money.
The last several years I’ve gotten large refunds, on purpose. This year though I might owe some. I had to reduce my withholdings some when I was forced to day shift for 9 months.
I have a company that has been doing my taxes for the last 35 years. They get a little complicated and that is the reason I let them do it.
Paul E. Smith
I got mine finished with the Turbo Tax as menioned at the top of the thread…However I will not Mail them until early in April. Since I have to pay both Fed and State I figure I will wait and give it to them only when I have to. I have adjusted my witholding several times over the past few years and still don’t have it right. I have tried for ages to get it as close to the correct numbers as I could. I don’t care about a refund, I would rather have the bucks spread out over the year. For years My Ex got any refund I filed as part of the child-support thing…so I did my best not to get a refund. Since those days ended (over a decade ago) I have been trying to find that neutral point…No Luck Yet. Constantly changing retirement funds and Soc Sec have messed up my calculations each year. It isn’t the taxes, It is the witholding amounts that cause me grief.
Turbo-Tax since 1997.
You mean the looney bin let’s certified’s have sharp objects like pencils and pens?[}:)]
I use TaxAct online – free and easy. I’ve used them for 3 years now. However, my taxes are incredibly simple right now – no spouse, no kids, no investments, no mortgage, etc. That’s about the only upside of being a single college/grad student! haha [;)] Oh, and the benefit of living in a state with no income tax means only having to file one place, not two!
Got both my Federal and State refunds already……
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