Filing Your Taxes

[OBIII]

I used to wait until the last minute to file my taxes, as usually I had to pay something. Now that I am Retired and Poor, I usually get all withholding back. Just finished e-filing for free with TurboTax. Fed was free and state was free also. Anyway, how file Ye?

A. As soon as I have everything lined up

B. I usually file for an extension

C. I have a CPA take care of me

D. File What?

E. Snail Mail on April 15th

Let us all know your game plan. With the Donald in now, maybe we should redo it every year to see how it changes.
OB

[runfiverun]

pretty much when I get all the paperwork together.
I generally have a tentative appointment for the following year set up at the end of writing the check[s] when we get done filling all the paper work out.

taxes suck.

[mcdaniel.mac]

TurboTax e-file as soon as my company mails the W2s. A bunch of "cost saving measures" have been implemented that mean we don't get electronic W2s until after the paper ones are mailed. Had to paper file last year for state and federal taxes, due to a wierd anomaly with TT'S software.

On a side note, I learned to do my taxes when I was 14. I have been severely disappointed that any if my friends never learned how to do theirs.

[dragon813gt]

Turbo Tax here. Started to do mine as I saw the electronic W2s were available. I'm waiting to make sure any 1099s don't show up. There was a massive screw up w/ my old 401k, that was cashed out, and I've received a bunch of checks this year. I forgot to file a 1099 once and was hit w/ a large bill so I don't want to repeat it.

Taxes will be interesting at the local level because they weren't taken out for the entire year. I have two different W2s stating two different incomes so I need to figure that one out. I have to pay for both federal and state due to deductions. It's a lot cheaper than paying an accountant. Hopefully I can finalize them by the end of the week.

[skeettx]

A, I do my own and file when all the data has been entered, e-file.
Waiting on Social Security stuff and one interest form
Mike

[Hick]

Depends. If I'm paying, very, very last minute. If I'm getting back-- just as soon as I have stuff together.

[DerekP Houston]

depends for us. We process the paperwork as soon as the W2's arrive and do either 1 of 2 things.

if there is a refund DUE to us we file ASAP
if there is money OWED to the gov't I delay as long as possible, why give them an interest free loan for an extra 4 months if I don't have to.

[farmerjim]

I usually don't get my all my S corp forms until after April 15, so I have to get an extension. Have to use a CPA as have too many things that I don't understand. I would report them, but they are my siblings.

[Mtnfolk75]

I have been Medically Retired for 16 years this month, wife usually only makes 12k or so a year. We always E-file as soon as all her W-2's & 1099's are in hand. We normally qualify for the Earned Income Credit and get money back. But, if we are upside down, which has occurred twice in the last 16 years, we E-file on the last Business Day for April 15th.

[funnyjim014]

I used to wate. ...now that I have 2 beautiful tax deductions I mean children, I go to the tax lady as soon as we get our paperwork in. I just wish I could write off more of the child care

[lup]

CE. Wait if you have taxable unearned income like stock or mutual fund sales for the year. If you get an updated form later you get to do your taxes all over again and file an amended return. Mo money mo time.

[tygar]

S##$! I quit filing several years ago! I refuse to be complicit in supporting the illegals, druggies, & other low life *** that my $s are going for. (+ the Btards always want more)

So, my wife takes care of it with CPAs. That should take care of it, right? Well, guess what?, NO, every year since she has had them doing it, we get the letter, "give us more $s" (for all the various scum bags) Yes, I have some, "interesting" deductions from real estate, investments etc. But...give me a break.

I've been retired since 93 & have had the IRS pukes want more about 1/3 or more of the 24 yrs, & I make less than 100k & they treat me like a dam gazillionaire!

Just hoping the Trumper fires the IRS & we can just do it on a post card.

Sorry to vent, but, the CPA has been working on ours since summer, trying to get it straight with the govt thieves.

[alamogunr]

I'm just waiting for the rest of my info from the broker. When I get it, I will make an appointment with the accountant. I like to sit down with him and make sure I have gathered everything pertaining to my taxes. I've been retired almost 11 years and did my own taxes until last year. Always had the nagging feeling that I was missing something.

This year I think I will get a large refund since my wife had extensive dental work done and I had to go on some very expensive meds. Also bought a car so that is extra sales tax deduction. Hopefully, the accountant will find something else.

The peace of mind is worth the extra I pay him.

[OS OK]

Interesting poll. I used to do mine before I incorporated as a Contractor, then it became very tedious with all the schedules and equipment, trucks etcetera...I was a professional at my chosen trade and not talented enough to wear two professional hats...besides the CPA and Attorney will represent me in court or for an IRS audit. He said that there are ways to file year after year so that nothing sticks out and becomes a red flag, it's not always all for me and nothing for the government, there is some fair play involved.
In all my years of filing...KNOCK ON WOOD...I have never been audited...KNOCK ON WOOD.

[dkf]

Considering I pretty much always have to pay money in, I set an appointment with the CPA mid March and send everything in on the due date. I have to wait for my money, so can they. The difference is that I earn mine.

[Beagle333]

My bookkeeper does mine. I just wander in there sometime around the end of March with some papers, envelopes, receipts and paper scraps in a shoebox and she calls me when it's done, usually later that day.

[6bg6ga]

I filed my first tax return when I was 13 and had a part time job. I filed joint returns when the wife and I were married but soon learned the benefits of going to someone that specializes in tax returns. Working for someone and having a business on the side make things more difficult. Working at home allows me to use some badly needed deductions. Anymore paying a company that only deals with taxes makes my life a heck of a lot easier. Its done in one day and electronically mailed.

[tim338]

I have a CPA do it for me because of the business. Between the holidays and taxes I HATE this time of year. Very depressing.

[Geezer in NH]

Our CPA does them as soon as all our w2's and other stuff is together. He files them electronically when he has finished. If we get refund [mostly never] it gets deposited in the checking account. When we owe [mostly always] we send the payment in the week before due with the form he supplied us.

[Silvercreek Farmer]

With Turbo Tax around April 1st. Any earlier and some late statement is bound to show up. When setting up withholding I aim for a small refund. It usually works out.