Taxes!

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Looks like today not much is happening with my crew, so I'm going to settle in, since I've got all my receipts and forms and things, and figure out what I owe. Already did a basic calculation for deductions, so I'm going to go through that again fine tooth comb-wise and make sure it's all looking right, then total it all up. Tres boring, but It Must Be Done. And what joy to think of how much money will be used to keep killing people in the name of freedom from terrorism, too!

Ned Raggett, Sunday, 3 February 2002 01:00 (eighteen years ago) link

So who waits until the last minute? Who has someone else do it for them? Do any Americans actually donate to the election campaign thing? Do any try and pay down the debt? Blah blah blah...

Ned Raggett, Sunday, 3 February 2002 01:00 (eighteen years ago) link

Accountant. Get one, if your tax situation is the least bit complicated. They _always_ save you money. Sometimes a _lot_.

Douglas, Sunday, 3 February 2002 01:00 (eighteen years ago) link

I've done my own deductions for a couple of years now and I'll second Douglas' general advice -- if you don't/can't take the time to sit down and plow through all your receipts (I always keep mine reasonably organized), get somebody to do it for you. My withholding has always been pretty good for my main job, and I would usually get a refund, but my freelance AMG work eats into that to an extent since taxes aren't withheld there. But with itemized deductions applied, it all comes out very balanced, *much* more so than if the standard deduction was taken.

Ned Raggett, Sunday, 3 February 2002 01:00 (eighteen years ago) link

wanna be my accountant, ned?

chaki, Sunday, 3 February 2002 01:00 (eighteen years ago) link

Once per year is enough for me. ;-)

Ned Raggett, Sunday, 3 February 2002 01:00 (eighteen years ago) link

I realized I needed an accountant when my calculations had me in the red a couple of bucks, and HIS calculations threw me a few hundred in the black. I don't know how he did it, but I'm mighty glad.

That said, would the assmonkeys I freelanced for PLEASE get their W2s in my mailbox now? Y'know, so I don't have to push the deadline envelope?

David Raposa, Monday, 4 February 2002 01:00 (eighteen years ago) link

I gotta an uncle thata lives ina taxes.

richard john gillanders, Monday, 4 February 2002 01:00 (eighteen years ago) link

i also get an accoutant , one at davids firm who i swear makes more in the three or four months of tax season freel ancing then anywhere else

anthony, Monday, 4 February 2002 01:00 (eighteen years ago) link

Fuck, I just phone it in on April 14, and mail my check in at midnight (I always owe). Time is money, as far as I'm concerned, and I'm giving the IRS as little of it as possible.

Kerry, Monday, 4 February 2002 01:00 (eighteen years ago) link

HOW DO YOU GET AN ACCOUNTANT TO DO IT? H AND R BLOCK?

Mike Hanle y, Monday, 4 February 2002 01:00 (eighteen years ago) link

would the assmonkeys I freelanced for PLEASE get their W2s in my mailbox now?

W2s? How interesting, I usually get 1099-MISC.

Ned Raggett, Monday, 4 February 2002 01:00 (eighteen years ago) link

I've never understood the whole american tax thing, you're not all self employed are you? doesn't it just come out of your wages every month?

CarsmileSteve, Monday, 4 February 2002 01:00 (eighteen years ago) link

It does indeed for me, and for many others. It's not exact, though, more like a general withdrawal based on your earnings then fine-tuned after the tax year ends when prepping up your return. For instance, if I were only working my regular job, I'd usually be due a small refund because we're set up here so that the automatic withdrawals, if you've reported your status correctly, cover your taxes and then some. Then as mentioned there's that income where taxes aren't immediately removed, which is the case with my AMG work. Then you factor in itemized deductions on top of that, if not standard, and etc. etc. And this is just me with a relatively simple setup of being a single person -- add on dependents, family situation, if I owned a house, if I had other investments, etc. and things get even more complicated.

Ned Raggett, Monday, 4 February 2002 01:00 (eighteen years ago) link

blimey...

CarsmileSteve, Monday, 4 February 2002 01:00 (eighteen years ago) link

ANSWER MY QUESTION IMMEDIATELY!!!!!!!!!!!!!!!!

Mike Hanle y, Monday, 4 February 2002 01:00 (eighteen years ago) link

H & R Block, sure. You could also dig up software from e-file, I guess.

Ned Raggett, Monday, 4 February 2002 01:00 (eighteen years ago) link

two years pass...
Fuck you taxes, you are a bitch.
Fuck you, TurboTax Online, who, despite my saving and quitting, always pops be back a few redundant steps when I re-log on.
\Fuck you marriage penalty which only went away for people who make way less money than me!
Also, fuck me for delaying the adjustment of our withholdings this year meaning we'll almost certainly owe again next year. This used to be FUN when I was single, I always got loads back. No more!

anthony kyle monday (akmonday), Wednesday, 14 April 2004 15:39 (fifteen years ago) link

gotta pay the piper if you over-withhold (which i do ... and i do pay).

EisbΓ€r (llamasfur), Thursday, 15 April 2004 01:38 (fifteen years ago) link

Ugh. Just finished writing a variety of checks to various governmental authorities, one of which was healthily into four figures. That'll teach me to do freelance book projects.

Taxes suck, but I like to think that my check is earmarked for non-killing government stuff like NASA telescopes or NEA grants or the OSHA for Kids web site.

m.e.a. (m.e.a.), Thursday, 15 April 2004 02:26 (fifteen years ago) link

I'm getting a total of $1,500 in refunds. Hate me now.

Michael Daddino (epicharmus), Thursday, 15 April 2004 02:27 (fifteen years ago) link

I will, thank you (as I owed a bit myself, but not too much thankfully).

Ned Raggett (Ned), Thursday, 15 April 2004 02:29 (fifteen years ago) link

Yeah, I'll hate too, thank you very much.

I'm told that the loan for the house I'm buying is structured in such a way that I can deduct the entirety of my mortgage payments. Something smells very Fat Tony about it, but if true I'm really looking forward to that.

m.e.a. (m.e.a.), Thursday, 15 April 2004 02:33 (fifteen years ago) link

I'm getting a nice refund myself, but don't hate me, as it's pretty much all getting funnelled right towards paying off other debt.

Girolamo Savonarola, Thursday, 15 April 2004 02:39 (fifteen years ago) link

I'm getting a pretty nice refund, although I think I missed out on some deductions I could have made and wasn't QUITE sure about some of the things I did deduct. I won't be able to spend it on anything fun anyway.

Jordan (Jordan), Thursday, 15 April 2004 02:40 (fifteen years ago) link

I won't hate you Girolamo since, according to the other thread, you are supposed to be dead.

Ned Raggett (Ned), Thursday, 15 April 2004 02:41 (fifteen years ago) link

My refund is better than your refund

gabbneb (gabbneb), Thursday, 15 April 2004 02:45 (fifteen years ago) link

There's a death-and-taxes joke in there somewhere, but I'm too busy hatin' on the folks getting refunds to think of one. (xpost)

m.e.a. (m.e.a.), Thursday, 15 April 2004 02:46 (fifteen years ago) link

I got a small refund about a month ago, after filing my taxes about three weeks before that. I've begun to utilize the assistance of the same woman my mother goes to, at an H&R Block place. She is the absolute best and makes the whole process go as smoothly as possible, which is really great because Lord knows there are more than enough headaches one can encounter in one's financial life without even going into the whole "taxes" issue!

Many Coloured Halo (Dee the Lurker), Thursday, 15 April 2004 03:43 (fifteen years ago) link

Gah. All I have to say is, fuck a self-employment tax.

the krza (krza), Thursday, 15 April 2004 04:07 (fifteen years ago) link

I just telefiled for the first time. Easy as pie. But then again, I'm single and only worked one job last year.

jaymc (jaymc), Thursday, 15 April 2004 04:10 (fifteen years ago) link

nine months pass...
I spent all day today going through mounds of receipts from the last five years, to prepare some back taxes. I'm probably gonna owe big time since I didn't file from 2000 on. (I tried to for 2000 but they wanted rent receipts and I didn't have 'em; I wasn't on a lease then. I haven't had one till last February, actually. Should be interesting.) And HOLY FUCK do my hands hurt! Cab receipts are TINY. ALL receipts are tiny, in fact.

I'm trying to get it done by Tuesday so I can just go to my accountant's and be like, "here's the stuff, it's done, go to it." Then I get to watch my hard-earned checking account drain away. Sigh. It'll be worth it to have it behind me, though.

Matos W.K. (M Matos), Sunday, 16 January 2005 10:43 (fifteen years ago) link

Did 2002 already; the other years are separated out. So I have to go through 2000-1 and 2003 and figure out my total income and deductibles. I'll go to it tomorrow; right now I'm beat (and at the office, where all the paperwork is, eurgh.)

Matos W.K. (M Matos), Sunday, 16 January 2005 10:44 (fifteen years ago) link

2004 will be done during normal tax time, as w/everyone else.

Matos W.K. (M Matos), Sunday, 16 January 2005 10:44 (fifteen years ago) link

I finally did my Taxes for the last financial year yesterday. It was a lot easier than I'd built it up to be.

Andrew (enneff), Sunday, 16 January 2005 11:39 (fifteen years ago) link

yeah, if it weren't for all the damn bits of paper (five frickin' years' worth, ugh) so would mine be.

Matos W.K. (M Matos), Sunday, 16 January 2005 12:16 (fifteen years ago) link

whoo, that sounds awful matos! Things will be a little worse this year for me than usual because I have to figure my and my husband's taxes separately, then together to see which way is better, but at least I'm fairly certain there's a refund at the end. Back taxes, yuck.

teeny (teeny), Sunday, 16 January 2005 14:26 (fifteen years ago) link

three weeks pass...
okay, exactly how strict are they about monitoring moving expenses? mine may or may not be work-related, in that i left michigan with one job, then drove to oregon, and eventually got another job.

Kingfish MuffMiner 2049er (Kingfish), Tuesday, 8 February 2005 06:12 (fifteen years ago) link

one month passes...
Everyone having fun yet? (Calculated mine for feds and state today and essentially have a 'refund' in that the amount I set aside regularly each year to cover things beyond withholding will barely need to be touched, so I'll apply the balance to the Euro trip -- most handy.)

Ned Raggett (Ned), Sunday, 20 March 2005 20:25 (fifteen years ago) link

oh fuck I have to go to an accountant soon

kyle (akmonday), Sunday, 20 March 2005 23:26 (fifteen years ago) link

A nice refund this year, for once. My accountant suggested that I use it to make all of this year's quarterly estimated payments in advance and I said "hahahaha... no."

Curious George Finds the Ether Bottle (Rock Hardy), Sunday, 20 March 2005 23:34 (fifteen years ago) link

ever since i learned they have people who correct your mistakes, i just fill in random numbers and send them all my forms and stuff to "double-check".

jones (actual), Sunday, 20 March 2005 23:37 (fifteen years ago) link

two weeks pass...
So, yeah. 1099-MISC from City Pages, roughly $2500 in "self-employment" earnings. Do I use Schedule C, Schedule C-EZ or Schedule F (for profit/loss from farming)? Probably not F, of course. But I can't figure out how to use the other two. And then I guess I need Schedule SE on top of it all?!

Nothing was taken from that relatively small amount of profit, but I assume it will absolutely drain any chance I have at a refund. (The last few years have been just under $1K.)

Eric H. (Eric H.), Wednesday, 6 April 2005 20:02 (fifteen years ago) link

I used turbotax online this year since I had some tricky stuff, I totally loved it. It cost like 50 bucks for the state and federal combined though.

teeny (teeny), Wednesday, 6 April 2005 20:11 (fifteen years ago) link

oh shit, i should do mine soon.

hstencil (hstencil), Wednesday, 6 April 2005 20:13 (fifteen years ago) link

GO FUCK YOURSELF STATE OF CALIFORNIA

I can't see how I can possibly owe you two grand. I'm sure there are people who make twice as much as me who don't owe fuck.

kyle (akmonday), Wednesday, 6 April 2005 21:49 (fifteen years ago) link

FUCK A TAX DAY

kephm, Thursday, 14 April 2005 14:47 (fourteen years ago) link

Have fun!

Ned Raggett (Ned), Thursday, 14 April 2005 14:58 (fourteen years ago) link

Argh...

o. nate (onate), Thursday, 14 April 2005 15:02 (fourteen years ago) link

We owe the same as Kyle. Fucking ridiculous.

Samuel Glickstein (nordicskilla), Thursday, 14 April 2005 15:04 (fourteen years ago) link

Child benefit for posh ppl over here was done in a few years ago , I think. But I'd say that sounds very bad, but not a justification for hyperbolic nonsense against the poorest of your country.

calzino, Wednesday, 14 March 2018 00:06 (two years ago) link

what hyperbolic nonsense are you referring to?

sarahell, Wednesday, 14 March 2018 00:06 (two years ago) link

all of it.

calzino, Wednesday, 14 March 2018 00:07 (two years ago) link

like this?

It's a bit unfair for the government to pay people who are already wealthy the same benefits as people who aren't.

sarahell, Wednesday, 14 March 2018 00:08 (two years ago) link

or is the part where I suggested that a system where people have the option of doing things themselves, as the government often makes mistakes or does not advocate for them?

sarahell, Wednesday, 14 March 2018 00:12 (two years ago) link

how do they determine eligibility? how do they prevent against fraud? does everyone get the same benefit? ... not being defensive here, just curious how things work elsewhere.

The key thing about the U.S. system, that I don't really see addressed in the stuff you're saying, caek, is how to determine income (and thus tax), if the government does not know how much income you made

Unless, the tax ID number of everyone is included in every single transaction, and all cash payments have to be reported as such?

in the case of kindegeld in germany, I believe that specific benefit is not means tested as it happens, because the goal of is to increase the birth rate not redistribute wealth, but let's say it was.

The government does know how much money you make. You have a taxpayer ID. Your employer reports your income. If you have a business or are self-employed, you report your income (like in the US, although the forms are much simpler for exactly the reasons we're talking about). It uses this knowledge to scale the benefit payment.

Means testing is controversial on the left in countries with a history of benefit payments, and it's wandering off topic, but as a practical matter it totally possible to means-test benefits without making people who are the non-US equivalent of single W2 filers file insanely complicated tax returns.

(and yes, a 1040-EZ is insanely complicated)

π” π”žπ”’π”¨ (caek), Wednesday, 14 March 2018 00:15 (two years ago) link

it's not really that "unfair," some benefits are just made more visible than others in a way that has no correlation to the magnitude of the benefit. i get way more out of my mortgage interest deduction than i would out of a child tax credit, if i had a child. if everyone got the same benefits maybe rich whiners wouldn't complain (wrongly) that poor people are getting "more" than them from the government. there are other ways. there are other countries that don't make people do cartwheels to show how much they deserve their paltry benefits. somehow their societies are more equal idk how that happens.

forensic plumber (harbl), Wednesday, 14 March 2018 00:17 (two years ago) link

btw sarahell, if he's forced to grant some redistribution of wealth rather than a flat tax, guess what side paul ryan is on when it comes to means-tested benefits vs tax deductions.

π” π”žπ”’π”¨ (caek), Wednesday, 14 March 2018 00:20 (two years ago) link

and just to be clear...

I really get the sense that you don't really understand the US system and only the parts that apply to you, because there are several sizable benefits that poor people get through the tax system, and one of the main reasons many pay for tax preparation, as opposed to utilizing free resources, is because companies like H&R Block offer "fast refunds" so they can get their $4000 - $6000 in one to two days.

this is a sickness

π” π”žπ”’π”¨ (caek), Wednesday, 14 March 2018 00:21 (two years ago) link

also one of the nice things about a means test is you can apply it to wealth rather than income (which is another reason paul ryan is quite happy to handle the what redistribution there is as part of the income tax system, where taxing wealth is not possible)

π” π”žπ”’π”¨ (caek), Wednesday, 14 March 2018 00:28 (two years ago) link

i worked for one of those companies for two years, when I started doing taxes. I was told to try to sell the fast refunds, and earned commissions on how many I sold. But people bought them, and paid those fees. Does that make it "right"? I still think it's unethical, but if someone chooses it, and I am not in their situation, I feel kinda awkward saying "this should be illegal."

sarahell, Wednesday, 14 March 2018 00:29 (two years ago) link

xp - I disagree with most of Paul Ryan advocates, to be clear, and while I might marginally benefit from the changes he has made to the tax system, I ethically disagree with most of them.

sarahell, Wednesday, 14 March 2018 00:31 (two years ago) link

No totally. I’m saying it shouldn’t be necessary. People with simple incomes should not need to be financially sophisticated in order to avoid lending he government money by overpaying, and the government should pay it back without being asked.

π” π”žπ”’π”¨ (caek), Wednesday, 14 March 2018 00:31 (two years ago) link

People with simple incomes should not need to be financially sophisticated in order to avoid lending he government money by overpaying, and the government should pay it back without being asked.

one of the issues is that it isn't always clear who has a simple income and who doesn't - and there are people who have types of income that have financially sophisticated tax treatments, that might not be financially sophisticated themselves ... I get a handful of "my grandpa died, and i got this thing after he died, and they sent me this form, and I don't know what it is" clients every year.

sarahell, Wednesday, 14 March 2018 00:52 (two years ago) link

in the other countries you've lived, does income you receive as a beneficiary of a relative's estate get taxed with your regular income, or does it get taxed at a different time, at different rates, etc.?

sarahell, Wednesday, 14 March 2018 00:54 (two years ago) link

I'm getting the impression that the U.S. system combines a bunch of different types of income (and credits) all on one form, that other countries deal with separately, is that the case?

sarahell, Wednesday, 14 March 2018 00:56 (two years ago) link

I don’t give a shit about giving a rebate for kids to rich people if we tax them more to begin with. I mean, great, a rich person gets $1k back and a poor person does too. It does a lot more for the poor person Hell, make it even larger.

I think that is what’s missed in thinking rich people shouldn’t get tax credits. They can game the system in a myriad of ways that make tax credits seem minuscule, so why would I care if they deduct things?

Switch to an incentive model or a basic income, then make income taxes progressive.

mh, Wednesday, 14 March 2018 01:20 (two years ago) link

People with simple incomes should not need to be financially sophisticated in order to avoid lending he government money by overpaying

here's another thing I've learned from doing taxes for other people. Some people know they are lending the government money by overpaying, and are content to do that, because they like getting a big refund at tax time.

sarahell, Wednesday, 14 March 2018 01:37 (two years ago) link

i think it's easy to see where sarahell is coming from since she's depended on the current system being the way it is for the past 15 years for her livelihood. it doesn't make it any less insane.

caek's system is obviously much more efficient but hard to argue for when our current government has been hijacked and any efficiencies would just go towards the pentagon and drilling for more oil.

in conclusion, we should all become sovereign citizens and start a noize colony.

龜, Wednesday, 14 March 2018 02:06 (two years ago) link

and presumably you are paying more in taxes for the government to handle these things, rather than having a system where the individual has to do a modicum of work on their own behalf?

― sarahell, Tuesday, March 13, 2018 5:52 PM (four hours ago) Bookmark

this is insane crypto conservative self sufficiency small government rhetoric, btw. you just can't see it because this is how you make your living!

龜, Wednesday, 14 March 2018 02:11 (two years ago) link

is it insane in the context of

when our current government has been hijacked and any efficiencies would just go towards the pentagon and drilling for more oil.
?

sarahell, Wednesday, 14 March 2018 02:32 (two years ago) link

if being wary of the government being/becoming run by horrible people, as well as being generally corrupt, inefficient, with a lot of things being politicized in favor of those who the government owes favors makes me "crypto conservative," then I guess I am. Would you rather have feudalism or capitalism? Let's assume for the sake of judgment, this is America and there's no 3rd option.

sarahell, Wednesday, 14 March 2018 02:35 (two years ago) link

in the other countries you've lived, does income you receive as a beneficiary of a relative's estate get taxed with your regular income, or does it get taxed at a different time, at different rates, etc.?

― sarahell, Tuesday, March 13, 2018 8:54 PM (one hour ago) Bookmark Flag Post Permalink

i get what you're saying that "The" tax return in the US serves a lot of purposes. that's not totally untrue, but even a very simple 1040EZ for a person with no dependents and one W2 is qualitatively more complex than the equivalent situation in those other countries.

on the specific issue of inheritance, no idea how it outside the US tbh. but in the US estates are taxed as entities if they're over something ridiculous like $5.5m, but the person who benefits from them is not taxed on that income and doesn't even need to report it. so none of it ends up on individual tax returns and that's not an example of a place in which individual tax returns get more complicated. or am i wrong/missing your point?

π” π”žπ”’π”¨ (caek), Wednesday, 14 March 2018 02:45 (two years ago) link

(i only know that because we just made an estate plan lol)

π” π”žπ”’π”¨ (caek), Wednesday, 14 March 2018 02:45 (two years ago) link

or am i wrong/missing your point?

For the most part you are right, but in some cases, beneficiaries will have some investment income and some expenses that are from the estate, before the estate closes, and that income is taxed to the beneficiaries. It also gets confusing, because sometimes it means they have to file a tax return for a state they don't live in.

I had a client, who inherited an investment portfolio that had royalties from oil production and real estate investment partnerships, and they eventually sold those investments, but until they did, they got a lot of confusing forms.

a very simple 1040EZ for a person with no dependents and one W2 is qualitatively more complex than the equivalent situation in those other countries.

I feel like in that case, some simpler option should be available. Like, there are plenty of people with very simple taxes, that the system should simplify. Whether it's a freefile system, or an "if you do not file a tax return, we will calculate things on your behalf and either send you a check or a bill" ... however, if you don't file, and the IRS thinks you owe, they will (eventually) send you a letter that looks like a bill, asking you to pay what they calculated or file a tax return, and it's confusing for financially unsophisticated people, and I think that's a problem.

sarahell, Wednesday, 14 March 2018 03:07 (two years ago) link

like the "modicum of effort" quote that apparently marks me as a crypto-conservative ... here are some examples of things that were the context for that. I want to earn my crypto-conservative status ...

1. a grad student gets a fellowship that covers tuition and fees, and also includes money for teaching and research. Based on what is reported by the University to the IRS, the IRS will calculate that the amount in excess of tuition and fees (assuming the University properly reported that amount), is taxable income. However, the tax code says, that the amount in excess of tuition, fees, and expenses is considered taxable income. If the grad student has expenses related to their graduate studies that are paid out of pocket, that would reduce their taxable income. If they just go with what is reported, they end up paying more tax than they should.

2. a single person making $40,000 a year at a day job also makes jewelry and sells it on etsy and at craft fairs, so none of that income is reported to the government. The jewelry business operates at a loss, thus allowing the person a larger tax refund, than if the wages from the day job were considered.

3. a tech bro gets stock options as part of his compensation, and some of the value of those options are included in income on his w-2 and some are reported to the brokerage company, so that when he sells them, the cost/basis reported by the brokerage is inaccurate. He needs to report the amount that is included in income in addition to the amount reported to the brokerage company as the cost/basis of the stock.

sarahell, Wednesday, 14 March 2018 03:19 (two years ago) link

Would you rather have feudalism or capitalism? Let's assume for the sake of judgment, this is America and there's no 3rd option.

― sarahell, Tuesday, March 13, 2018 10:35 PM (forty-four minutes ago) Bookmark

artificial distinction - in america, one and the same

龜, Wednesday, 14 March 2018 03:22 (two years ago) link

1. just consider the whole thing taxable income and have the university gross up the amount is receiving. university bears the burden here.

2. don't allow people to deduct losses. silly

3. cost/basis rules are insane and this is a good example of why they should be done away with

龜, Wednesday, 14 March 2018 03:31 (two years ago) link

sure if the inheritance is something that generates income like commercial real estate rather than a simple asset or cash then things get complicated for the recipient. i'm sure that's a nightmare in other countries too to be fair.

as an incremental change: there is absolutely no reason [*] why the federal government cannot mail out provisional tax returns in february that assume the only reportable income a person has is income that the payer has already reported to the IRS (W-2, 1099-INT/MISC, etc.) and they're going to take the standard deduction. the recipient then either signs it and they're done, or they file a new tax return that includes all their other income the government doesn't know about and non-standard deductions.

[*] there is of course a reason. it's intuit.

π” π”žπ”’π”¨ (caek), Wednesday, 14 March 2018 03:31 (two years ago) link

xp to myself for 3, just have the company report the basis directly to the irs. why introduce a self reporting element here? madness

龜, Wednesday, 14 March 2018 03:38 (two years ago) link

right. unless an individual has business income, they should basically not be corresponding with the IRS. it's totally possible to design a redistributive/progressive tax system that incentivizes things deemed desirable (having kids, installing solar panels, whatever) that works like that. they manage it all over the world.

π” π”žπ”’π”¨ (caek), Wednesday, 14 March 2018 03:41 (two years ago) link

p.s. eliminate the mortgage interest deduction.

π” π”žπ”’π”¨ (caek), Wednesday, 14 March 2018 03:41 (two years ago) link

I need to go back and re-read all of this since it bookmarked in a weird place, but I hate how taxes in the US are so archaic that it written to assume one partner (the LADY person) in a marriage does not work.

Yerac, Wednesday, 14 March 2018 03:47 (two years ago) link

And also, I can't imagine that the US is different in this regard (yes I can) but we need these convoluted tax codes and deductions and reporting requirements because Americans are assholes who think they know better and want to hide their income and still feel like they are patriots who aren't breaking the law.

Yerac, Wednesday, 14 March 2018 04:00 (two years ago) link

p.s. eliminate the mortgage interest deduction.

― π” π”žπ”’π”¨ (caek), Tuesday, March 13, 2018 10:41 PM (yesterday) Bookmark Flag Post Permalink

this

Jeff, Wednesday, 14 March 2018 10:25 (two years ago) link

I under pay the government, just enough to avoid penalty. I prefer to save money myself throughout the year. So I owe a lot this time of year, which I HATE paying. I mean, I love taxes, they are great, but still sending over that money hurts me in the feelings area.

Jeff, Wednesday, 14 March 2018 10:27 (two years ago) link

see these comments for a window into the attitude toward users that exists at intuit:

https://news.ycombinator.com/item?id=16585473#16586234

π” π”žπ”’π”¨ (caek), Wednesday, 14 March 2018 22:44 (two years ago) link

here's two quotes from people who (claim to have) worked there

Second, the fact that Quickbooks is so awkward and inconsistent to use isn't a UI problem, it's a feature. This is an important lesson in designing software that people use for their jobs. When you make elegant, intuitive software that almost anyone can use in short order, it stops being an impressive item to put on a resume. And it stops being a barrier to entry for competing professionals. Software like Quickbooks that's hard to use correctly becomes a selling point for bookkeepers and almost accomplishes the same purpose (though to a lesser degree) than professional licensing organizations...it limits the competition and keeps the rates they can charge high.

and

There are psychological phenomena in play that make an existing, market dominant piece of software more successful and harder to displace when it's objectively harder to use when that software forms the basis for someone's job.

And it's important to realize this because this is counterintuitive to what those of us that create software for a living have been taught. We're taught to think like you. We're taught to make software that delights our users and is as easy as possible to use. But understanding a specific set of circumstances when that approach is destined to fail can be important.

π” π”žπ”’π”¨ (caek), Wednesday, 14 March 2018 22:45 (two years ago) link

I filed our returns today.

A is for (Aimless), Wednesday, 14 March 2018 23:37 (two years ago) link

one month passes...

ME: maybe the "crumbs will keep coming" with the new tax bill, as ronna mcdaniel claims
TAXES: $3,000, up from a $15 refund or so

aloha darkness my old friend (katherine), Tuesday, 17 April 2018 19:59 (one year ago) link

Milestones of imperial decline: the IRS’s computer system crashes on Tax Day.

— Doug Henwood (@DougHenwood) April 17, 2018

the ignatius rock of ignorance (Dr Morbius), Thursday, 19 April 2018 17:09 (one year ago) link

ten months pass...

fucking hell, I went from owing >$250 last year to owing $3000 this year, with only an $800 increase in AGI this year. Christ.

Scam jam, thank you ma’am (Sparkle Motion), Sunday, 24 February 2019 00:26 (one year ago) link

Yeah. The mandatory reductions in withholding from the 2017 tax legislation forced our 2018 taxes owed above $1000, so we'll also owe a penalty of some kind. Unless I can place some kind of withholding on our Social Security we'll probably have to move to estimated quarterly taxes, because our one non-SS pension's W-2 already claims zero exemptions, which maxes out its withholding. Fuck that noise. Filing once a year is bad enough.

A is for (Aimless), Sunday, 24 February 2019 00:36 (one year ago) link

good god. I guess it's the witholding reductions plus the elimination of the personal exemption and the famous blue-state fuck you cap on SALT deductions that fucked me this year, and presumably for years to come.

Scam jam, thank you ma’am (Sparkle Motion), Sunday, 24 February 2019 01:14 (one year ago) link

aimless, i though you could ask for additional withholding on your w-4 even with 0 exemptions?

i was fortunate to calculate my taxes in december and realize i was going to owe, so i made an estimated payment before the deadline in january. it's so fucked up. i owed an extra $1000 or so and had to increase my withholding a lot this year. so i got a fake pay bump last january and now i'm poor, even though i am under the SALT cap so i still itemize.

forensic plumber (harbl), Sunday, 24 February 2019 01:34 (one year ago) link

and over the standard deduction, i mean

forensic plumber (harbl), Sunday, 24 February 2019 01:35 (one year ago) link

and my AGI went down this year because of retirement contributions. there's no way to win.

forensic plumber (harbl), Sunday, 24 February 2019 01:35 (one year ago) link

Unless I can place some kind of withholding on our Social Security

you mean above the standard amount they withhold if you say you want taxes withheld? (i think it's 10%?)

sarahell, Sunday, 24 February 2019 02:32 (one year ago) link

one year passes...

IRS giving a 3 month extension on paying taxes owed. They haven't official extended the filing deadline yet.

California has extended the filing deadline and payment deadline until June 15th

sarahell, Tuesday, 17 March 2020 22:58 (three weeks ago) link

Stimulus payment checks: No information available yet
At this time, the IRS does not have any information available yet regarding stimulus or payment checks, which remain under consideration in Congress. Please do not call the IRS about this. When the IRS has more specific details available, we will make it available on this page.

The IRS is a great source of passive-aggressive content

sarahell, Thursday, 26 March 2020 03:43 (two weeks ago) link


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