Tax Season - Like Christmas, but you get robbed instead [2010 Edition] - Page 2

Jointly

I'm looking forward to finally getting my damn W2 that never came. Can you say Obama's $8000 donation to my housing cause? nom nom nom

If it were only Obama's pocketbook paying for that.

To be honest, I can't say I disagree with you. Though can't blame me for following the rules.

Agreed.

This is a little foreign to me. Most people down here have tax codes which take the tax directly out of their fortnightly wages/salary. except if you're self employed, in which case you have to do them yourselves.


at the end of he financial year you can ask for a tax summary, if you think you have something to claim. if you're on the right tax code, you generally won't though.

Not likely


Taxact is usually only free if you are eligible to file the 1040EZ.


You sold property in 2010, but how long did you own it? Also, was it for your primary residence? If yes, and you owned it for more than two years then you don't have to pay any capital gains.

As to the OP, my father-in-law runs a H&R-like shop so he does our taxes for free. He actually has tax software from four different providers. He will run the numbers through each system to determine which software will result in the highest return (or lowest payment).

I have a bonus that is taxed through the a$$ every year compared to my normal wage so I get a big refund every year. Combined with the fact that this is right around the time when the current year bonuses come out, it's always good time around our house.

Pretty sure the appliances cannot be written off. States have programs to get discounts on buying them I believe, but that would have been applied to the total purchase price. Someone correct me if I'm wrong.

I owned it for more than two years and it was my primary residence. Thanks for the info.

ask your cpa which scenario is more favorable to your specific tax situation. should be simple for them to figure out.

I thought capital gains were ignored only up to a certain amount? Something like 250K? I dunno.

filed in person since i didn't want to fuck anything up. getting $1,200 back. made 10k last year, full time student. thanks obama

Got a call from my accountant last night; there were a few tax write off it seemed I hadn't included. When I was dropping them off today he said my refund would be even fatter than last year

All of it right in the bank except for his/her top end iPad 2.0

$4500 refund, im happy to get it back this month. fucken mad that it was denied to me 11 months of the year.

It was only denied to you because you chose for it to be denied.