Ugh!!!! Frikkin' TAXES!

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2005-02-27 12:24 PM

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molto veloce mama
9311
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Subject: Ugh!!!! Frikkin' TAXES!
At least I know we don't owe anything. Our quiet family day is now going to be taken over by our taxes. I have to figure out cost basis for stock that was reinvested over the last 10 years, and then had a spinoff. Its an asset, I know, but we saw a whole $12.64 from the whole deal and now I'll be earning about $2 an hour figuring out how to report it. GAH! So, here I sit, chugging coffee and whoofing carmel corn (4 oz, measured and calories tracked, thank you very much) and trying to do figure this all out. Hurrah for a rest day!


2005-02-27 12:55 PM
in reply to: #123021

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Extreme Veteran
386
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Fort Worth, TX
Subject: RE: Ugh!!!! Frikkin' TAXES!
Good Luck Autumn!!

I did mine this morning.  Didn't have near the complexity you do.

Nice to know a check will be hitting my bank soon
2005-02-27 1:32 PM
in reply to: #123021

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Regular
80
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Kansas (Kansas City area)
Subject: RE: Ugh!!!! Frikkin' TAXES!
I did mine on Friday... my rest day... isn't that sad, how we spend out rest days... bean counting. j/k. Good luck with those taxes.
2005-02-27 3:12 PM
in reply to: #123033

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molto veloce mama
9311
500020002000100100100
Subject: RE: Ugh!!!! Frikkin' TAXES!
i've been doing mine ALL morning! we'll be getting a hefty check back too though, so its worth the stress. we didn't overpay by much, but that plus the child credit. new jogging stroller, here i come!
2005-02-27 4:10 PM
in reply to: #123043

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molto veloce mama
9311
500020002000100100100
Subject: RE: Ugh!!!! Frikkin' TAXES!
no kidding! i did a brick yesterday to free today up as an extra rest day...and here i am swimming through a bog of property tax information, after having saved myself from the investment spinoff quagmire.
2005-02-27 4:12 PM
in reply to: #123021

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Subject: RE: Ugh!!!! Frikkin' TAXES!
You all are making me realize that I am a big procrastinator.  Early on I got the tax software, put my documents together, and then.....

2005-02-27 10:35 PM
in reply to: #123021

Veteran
171
1002525
Eilat, Israel
Subject: RE: Ugh!!!! Frikkin' TAXES!
You are all amazing for doing you taxes on time!!!!!!!!!!!!!!! Wow, what a motivator, first you oush me harder to workout and now to do my taxes on time; I'll tell you there's no end to the benefits of BT!!
2005-02-28 7:02 AM
in reply to: #123021

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Expert
770
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acton, Ma
Subject: RE: Ugh!!!! Frikkin' TAXES!
Taxes done!  Hefty refund in the mail.  I'm a big fan of Tax Cut software.  Makes it very easy. It also carries all the information from your previous year's return so you don't have to enter it every year (name, SS#, address, employer, family SS#, day care center, etc...)
2005-02-28 8:00 AM
in reply to: #123021

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Champion
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Ottawa, Ontario
Subject: RE: Ugh!!!! Frikkin' TAXES!
Hey, I did mine on Friday also.  I was sick anyways so I figured "what the heck, why not!"  As it turns out I will be receiving a refund!!! 
2005-02-28 9:05 AM
in reply to: #123021

Extreme Veteran
511
500
Minneapolis, MN
Subject: RE: Ugh!!!! Frikkin' TAXES!
For $12.64, don't even bother trying to report it. When/if they audit you, make THEM explain how to do it.
2005-02-28 9:09 AM
in reply to: #123299

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molto veloce mama
9311
500020002000100100100
Subject: RE: Ugh!!!! Frikkin' TAXES!
me too. we use turbo tax, but its the same thing (used tax cut one year). child credit is the bulk of our refund, so ours is a nice chunk of cash too. already picked out a new jogging stroller...and the rest will go towards savings/debt.


2005-02-28 11:41 AM
in reply to: #123021

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Pro
5153
50001002525
Helena, MT
Subject: RE: Ugh!!!! Frikkin' TAXES!
Just found out what I get back...... 20 bucks! :-( I was hoping that my tax refund would help me out with replacing my clutch or moving to FL. But no.... *sigh* Dinner's on me (but only for me).
2005-02-28 11:44 AM
in reply to: #123338

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molto veloce mama
9311
500020002000100100100
Subject: RE: Ugh!!!! Frikkin' TAXES!
it probably wasn't worth the stress of figuring it out, but then again i understand the whole thing now, so that's good. the in hand cash from a stock spinoff - $12.64. the stress relief of understanding that the whole thing is tax neutral - priceless!
2005-02-28 3:08 PM
in reply to: #123021

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Veteran
275
100100252525
San Diego, CA
Subject: RE: Ugh!!!! Frikkin' TAXES!
Filed my federal for 3 incomes, some tax free military, california state, virginia ammended for 2003, all with out a hitch.  Sent in my missouri state, the SIMPLEST FREAKING ONE, but forgot to mail the W2's with it.....now my missouri refund (1500$$$$) is lost in an electronic accountants hell...I will probably see it when I get my first Social Security check.....I think I need a drink
2005-02-28 3:10 PM
in reply to: #123021

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Expert
1166
10001002525
Colchester, CT
Subject: RE: Ugh!!!! Frikkin' TAXES!

Did mine Super Bowl Sunday.  Usually I'm getting money back, so I want to send it in as soon as possible.  I feel your pain on the stock stuff, we received a bunch of divendeds on stock we own, and after working through all the forms for about an hour, come to find out, we didn't get enough to make it taxable.  Oh and filling out all the forms for charitable contributions.  My wife cleans out the closets twice a year and everything goes to Good Will/Salvation Army.  And being an former accountant, she details everything.  But hopefully, the check will be hitting the account any day now.

Chris

2005-02-28 3:12 PM
in reply to: #123021

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Expert
1166
10001002525
Colchester, CT
Subject: RE: Ugh!!!! Frikkin' TAXES!

Did mine Super Bowl Sunday.  Usually I'm getting money back, so I want to send it in as soon as possible.  I feel your pain on the stock stuff, we received a bunch of divendeds on stock we own, and after working through all the forms for about an hour, come to find out, we didn't get enough to make it taxable.  Oh and filling out all the forms for charitable contributions.  My wife cleans out the closets twice a year and everything goes to Good Will/Salvation Army.  And being an former accountant, she details everything.  But hopefully, the check will be hitting the account any day now.

Chris

2005-02-28 9:16 PM
in reply to: #123560

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2005-03-01 8:11 AM
in reply to: #123560

molto veloce mama
9311
500020002000100100100
Subject: RE: Ugh!!!! Frikkin' TAXES!
we also gave a ton of charitable donations this year. two car loads to goodwill, several boxes of books and dvds to the local library, plus the cash donations we make every year.

they are finally filed and we're getting some back, which make the effort seem worth it (even though i know its a loan to the government that we're getting back...i STILL like that we're getting something back!)
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