I finished my taxes nearly 6 weeks ago, but I hadn't mailed them out yet because I owe money.  Good thing, since today I received some new paperwork.  Apparently there was some "long-term capital loss carryover" from my inheritance that I have to account for.  I'm not sure, but I think that means a possible reduction in my taxes.  That's a good ( Read more... )

Finished my taxes!  Whooo!  Most complicated set of tax forms I've ever had to deal with ( Read more... )

I got my W-2 yesterday, so I worked on my 1040 and 540 today (actually, I started last night, but the craptastic ISP went down while I was downloading forms).  I had more forms to fill out this year than I've ever had before.

There's a couple credits people might want to look out for.  If you've had long distance, bundled or cellular phone service ( Read more... )

I always find it amusing when these tax preparation companies run ads on how difficult tax forms are.

It took me about 30 minutes to do my federal taxes, and I have to fill out the full 1040 and Schedules C and SE. State taxes are almost a no-brainer, took me about 10 minutes.

I ended up with a very small refund, about $150 total. Yay me.

Got my W-2 today. A quick run through the 1040EZ and 540-2EZ looks like I might end up oweing the IRS $115 and the Franchise Tax Board $50. Waugh!

I'll have to poke around with the full 1040 and 540 forms and see if I can deduct anything, but I doubt it.

I still owe about $750 in property taxes. Bleah.