when I owed money and was 'required' to pay estimated tax, I never did it. because I never had the money. I just adjusted my withholdings to make sure I wasn't going to fall way behind again the next year (and of course still did, but paid up when it was due). nothing bad happened to me as a result.
― akm, Monday, 14 April 2008 17:19 (eighteen years ago)
note that I'm talking about the 'estimated tax' and not the money i already owed, which i did pay. the esimtated tax thing is bullshit. it's like "well you fucked up, so we're going to make you pay everything in advance this year to make sure you don't fuck up again".
― akm, Monday, 14 April 2008 17:23 (eighteen years ago)
I think that I'm in line to get a refund, so the IRS probably doesn't much care. Also, I think that audits are more worrisome to folks who itemize, which I don't. There's just not that much left to audit.
― libcrypt, Monday, 14 April 2008 17:31 (eighteen years ago)
tax trolls
― gabbneb, Monday, 14 April 2008 17:32 (eighteen years ago)
Don't speak of CPAs like that, gabbs.
― libcrypt, Monday, 14 April 2008 17:33 (eighteen years ago)
One reason I was hoping to delay before my spirit was crushed by the ILX realist squad is that I don't have all the necessary paperwork. I mean it's somewhere in the house, but god knows where. I know, stupid stupid. Please don't hurt me.
― libcrypt, Monday, 14 April 2008 17:36 (eighteen years ago)
File with what you've got, then do an amended return once you find all your paperwork.
― Jaq, Monday, 14 April 2008 17:38 (eighteen years ago)
That's a good idea.
― libcrypt, Monday, 14 April 2008 17:40 (eighteen years ago)
Are you a tax professional, Jaq, and if so, can I hire you?
― libcrypt, Monday, 14 April 2008 17:41 (eighteen years ago)
http://www.videofindr.net/imgs/724.jpg
― gabbneb, Monday, 14 April 2008 17:41 (eighteen years ago)
i owed a big fat (for me) amount on both fed and state tax, so i paid the former right away and scheduled the deposit for the latter a few days after the 15th, anyone know offhand how bad they hit you w/ interest or penalties for something like that?
― Alex in Baltimore, Monday, 14 April 2008 17:41 (eighteen years ago)
It has nothing to do with how much you owe or pay. Failure to file.
What kind of a home owner doesn't itemize? How do you get your mortgage deduction?
xp Yes which is why everyone has been telling you to do that all along. Alternatively it would be very entertaining for you to ignore all the advice and then live blog your freakouts until the statute of limitations runs out.
― felicity, Monday, 14 April 2008 17:43 (eighteen years ago)
Nope sorry libcrypt. But I've been through the wringer enough with the feds (and states in a few places) to continue to want to avoid any more trouble with them and hate to see others fall into their nefarious clutches.
― Jaq, Monday, 14 April 2008 17:44 (eighteen years ago)
What kind of wringer if I might be so bold as to ask?
― libcrypt, Monday, 14 April 2008 17:44 (eighteen years ago)
I love how being a white-collar defense attorney and former DOJ Tax Division Criminal Section prosecutor carries absolutely no persuasive weight with libcrypt. I must not know what the hell I am doing.
― felicity, Monday, 14 April 2008 17:45 (eighteen years ago)
Are you dating Tom, perchance?
― libcrypt, Monday, 14 April 2008 17:45 (eighteen years ago)
tax resisters are basically like look at me! look at me!
― gabbneb, Monday, 14 April 2008 17:46 (eighteen years ago)
Fuck you. I worked for Janet Reno, you sexist troll.
― felicity, Monday, 14 April 2008 17:47 (eighteen years ago)
I don't know what you mean taxes are 100% voluntary and the 14th amendment was never ratified because Ohio isn't a state. (xp)
― libcrypt, Monday, 14 April 2008 17:47 (eighteen years ago)
libcrypt: you need to file, file an amended return, and if you own a house, I think you have to itemize, or you can deduct nothing about your house. or file for an extension. why wouldn't you file for an extension if you aren't ready? i'm confused
― akm, Monday, 14 April 2008 17:47 (eighteen years ago)
was janet reno a good boss? he seemed like a dick
― akm, Monday, 14 April 2008 17:48 (eighteen years ago)
I am too big a man to have to mail something to the government
― gabbneb, Monday, 14 April 2008 17:49 (eighteen years ago)
e-file niggaz!
― Jimmy The Mod Awaits The Return Of His Beloved, Monday, 14 April 2008 17:51 (eighteen years ago)
-- felicity, Monday, April 14, 2008 5:45 PM (5 minutes ago) Bookmark Link
he's probably ignoring you?
― Mr. Que, Monday, 14 April 2008 17:51 (eighteen years ago)
akm, I may file an extension. I'm just collecting info on my options before I take action.
― libcrypt, Monday, 14 April 2008 17:52 (eighteen years ago)
postmarked on/before the 15th = not late, correct?
― sleep, Monday, 14 April 2008 17:53 (eighteen years ago)
try mailing an envelope with nothing in it and claim you forgot to stick the form in.
― akm, Monday, 14 April 2008 17:53 (eighteen years ago)
Yeah, actually you can get a postmark up until midnight in many cities. (xp)
― libcrypt, Monday, 14 April 2008 17:54 (eighteen years ago)
Probably go for the e-postmark, tho.
sweet thx
― sleep, Monday, 14 April 2008 17:54 (eighteen years ago)
felicity - i am trying to help someone file a return for 2006. i'm no accountant but i at least understand a little bit about it. they have none of their tax forms from previous years and 2007 was the first year they filed. they did receive a letter saying that they needed to file for 2006. what is the next step?
― bell_labs, Monday, 14 April 2008 17:57 (eighteen years ago)
Postmarked by midnight is fine. Yeah I should probably get back to work paying my mortgage with money from spoiled rich people who are crying about being indicted for tax fraud.
xp I would hire a tax lawyer.
― felicity, Monday, 14 April 2008 17:58 (eighteen years ago)
I e-filed this year for the first time for the sole reason that I have my W2s sent to me online but I don't have a printer. Thought about going to the library, but the $8 fee was worth it to stay at home in my PJs and not have to whip out a calculator.
― jaymc, Monday, 14 April 2008 17:58 (eighteen years ago)
e-Filing is indeed very pleasant. I have this vague notion that I shouldn't e-file any more, since somehow owning a house makes it financially inadvisable not to have an accountant, but maybe I'm wrong.
― libcrypt, Monday, 14 April 2008 18:01 (eighteen years ago)
-- akm, Monday, April 14, 2008 10:48 AM (26 minutes ago) Bookmark Link
She was really tall. Reno's big thing was using the Internet to catch catch child pr0nographers and sex offenders.
― felicity, Monday, 14 April 2008 18:18 (eighteen years ago)
like, even in the workplace?
― Alex in Baltimore, Monday, 14 April 2008 18:27 (eighteen years ago)
She was really tall
otm!
― gabbneb, Monday, 14 April 2008 18:28 (eighteen years ago)
I think it may have been a political p.r. maneuver to deflect attention from the criticism of the disproportionately harsh mandatory sentencing guidelines for drug crimes.
Civil forfeitures are fun.
― felicity, Monday, 14 April 2008 18:31 (eighteen years ago)
I still love the idea that my inability to suffer fools gladly comes in "episodes"
― El Tomboto, Monday, 14 April 2008 18:40 (eighteen years ago)
Can't wait for the May sweeps.
― Rock Hardy, Monday, 14 April 2008 18:58 (eighteen years ago)
From my delinquencies and fits of avoidance, I learned that if you have a refund coming to you, it is OK not to file (for a certain number of years?), but it is NOT OK if you owe money. I skipped filing for 2 years at one point and then on the 3rd year I filed, got refunds for each year from federal as well as state, received a very lovely chunk of change which I then used to purchase a car and some pretty baubles.
― Jesse, Monday, 14 April 2008 19:10 (eighteen years ago)
-- felicity, Monday, April 14, 2008 5:58 PM (1 hour ago) Bookmark Link
heh ok zing i guess but i thought you were giving out free advice today
i will do my own research, this person cannot afford a "lawyer"
― bell_labs, Monday, 14 April 2008 19:26 (eighteen years ago)
No because people were rude and I actually do need to work for my paying clients.
― felicity, Monday, 14 April 2008 19:28 (eighteen years ago)
KOOL-AID MAN knows what's up
― banriquit, Monday, 14 April 2008 19:44 (eighteen years ago)
yeah ask that dude. He'll be cool.
― felicity, Monday, 14 April 2008 19:47 (eighteen years ago)
yeah i know someone who had refunds due to him but for assorted laziness reasons didn't file for over five years. he finally did and got a big chunk of money back.
― akm, Monday, 14 April 2008 20:15 (eighteen years ago)
listen i still haven't filed my '06 taxes and i'm wondering if i'm SOL with the DOJ and the IRS, or maybe if i can get an extension
― omar little, Monday, 14 April 2008 20:18 (eighteen years ago)
vaguely hilarious in the context of your chosen logon
― El Tomboto, Monday, 14 April 2008 20:29 (eighteen years ago)
I am very butthurt! From now on I will only dispense edgy, ironic, purportedly, humorous, awful, house, legal, advice, if any.
― felicity, Monday, 14 April 2008 20:48 (eighteen years ago)
i owe the feds some scrill but fortunately not much, i was worried it might be more for some reason.
― omar little, Monday, 14 April 2008 20:50 (eighteen years ago)