April 14, 2006
I'm finished. I completed my income tax returns. I finally broke down and purchased Turbo Tax when I became so frustrated with my own efforts that I wanted to drag my tax forms outside and shoot them.
Turbo Tax took all the information without gagging and spit out my completed returns like a champ. Now I just hope that the damned things are correct. I think they are, but the tax-law bullshit is so thick and so deep that I can't be certain. All I can say in my defense is... I tried my best.
I took a medical deduction for all the out-of-pocket expense my stay at Willingway Hospital cost, which was a BUNDLE, so I ended up owing no taxes at all on my meager income. In fact, Turbo-Tax calculated an $8 low-income tax credit for me. That's a hoot. For the first time in my life, I'm getting something back from the government that I didn't pay for first. (They kept my "withholding" as an interest-free loan for a year. An $8 fee for THAT is cheap at the price.)
I ain't real excited. I've paid those bastards a fricking fortune in my life. If I ever intend to break even by collecting $8 per year, I'll need to live to be several gazillion years old, more or less.
But at least I'm finished. Until next year, that is.
Turbo Tax is the only way I'd do my taxes. Even paying for the program every year, it's cheaper than the agravation I'd face if trying to do my taxes without it.
Of course I have an even better way to get my taxes done.
Have 'PUP (my dear hubby) use Turbo Tax.
My accountant earns his dough.
If you think the paperwork for single/unmarried is complicated, try the reams required for running a small business. With the hoops .gov makes one jump through, it's a wonder anyone would want to be an entrepreneur these days.
It's not a myth. The hard working industrious folk among us get penalized with red-tape and "involuntary donations" to the point of ridiculousness.
If I were a slightly less responsible individual, I would consider going on the gubmint dole. Hell, money for nothin' certainly has its draw.
Too bad the fair tax bill is doomed. Sure would be nice to see the biggest bureaucracy in the free world go the way of the dino's. But the liberals aren't interested in 'fair' anything. If it doesn't penalize rich white guys it can't be fair.
I agree about Turbo-Tax. I picked up a copy at Wal-Mart and used for the first time this year. It was virtually painless.
I use Turbo Tax every year, but I go to the link through www.irs.gov. For a small fee, I also do my state taxes in one fell swoop. It's been working for me, and if it ain't broke...
I don't know how mayny years a gazillion is but I do figure that I will have to live to be at least eighty to break even on social-able security. Payroll taxes for the self employed are a bitch. The only way to get a break is to form a corporation and then the tax code is even worse and it takes a CPA to figure it out.
I've used turbo tax for several years now and have been totally satisfied with the results. And I finished mine last weekend, but had to pay the bastads $100; at least they didn't use my money interest free all year!