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Moderated Forums => Other Topics => Topic started by: Tallitot on February 01, 2013, 01:24:04 AM

Title: Have you filed your taxes yet? (US residents)
Post by: Tallitot on February 01, 2013, 01:24:04 AM
Filed, sent, getting my refund Mon. How about you?
Title: Re: Have you filed your taxes yet? (US residents)
Post by: augustin717 on February 01, 2013, 01:27:26 AM
i'll do it last minute like everything i do.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: JamesRottnek on February 01, 2013, 01:32:53 AM
Because of a tax credit I'm getting, the IRS has decided not to process my return until mid-February/
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Shiny on February 01, 2013, 01:50:14 AM
Because of a tax credit I'm getting, the IRS has decided not to process my return until mid-February/
What tax credit is that?
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Tikhon.of.Colorado on February 01, 2013, 02:08:21 AM
Yep.  My mom's an accountant and does them for me. :)
Title: Re: Have you filed your taxes yet? (US residents)
Post by: PeterTheAleut on February 01, 2013, 02:28:01 AM
Filed, sent, getting my refund Mon. How about you?
Same here. TurboTax does wonders. ;D
Title: Re: Have you filed your taxes yet? (US residents)
Post by: JamesRottnek on February 01, 2013, 02:55:07 AM
Because of a tax credit I'm getting, the IRS has decided not to process my return until mid-February/
What tax credit is that?

One of the education ones.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Ansgar on February 01, 2013, 06:42:08 AM
How much do americans pay in taxes?
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Jetavan on February 01, 2013, 07:44:16 AM
How much do americans pay in taxes?
In 2010 (http://www.fedsmith.com/2012/12/03/how-much-do-americans-pay-in-income-taxes/), $949,000,000,000.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Quinault on February 01, 2013, 08:36:09 AM
Yes, I filed our taxes today. I hope to get the return before 2-10 since I need to buy some car seats while a 25% off sale is still ongoing.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: J Michael on February 01, 2013, 04:51:42 PM
Still waiting on a 1099-R for a disbursement from an annuity we have.  Hopefully we'll get it in the next couple of days, and I can begin the annual ritual of pulling out my hair trying to understand the forms and instructions.  My wife says I'm horrible to be around when doing taxes.   :-[ :-[  I don't even like being around myself while doing them  8).

How good/complete are programs like TurboTax?  We can't really afford H and R Block, et. al.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: LizaSymonenko on February 01, 2013, 05:06:39 PM

Perhaps you can find an accountant to do them for you?  Individuals are cheaper than H&R Block, etc.

I plan on doing mine in the next couple of weeks. 
Title: Re: Have you filed your taxes yet? (US residents)
Post by: J Michael on February 01, 2013, 05:12:12 PM

Perhaps you can find an accountant to do them for you?  Individuals are cheaper than H&R Block, etc.

I plan on doing mine in the next couple of weeks. 

I've always done them myself.  Pretty simple really--we don't itemize.  It's just that this year there's that new thingy I've got to deal with.  I hate to admit it but new crap associated with the IRS always intimidates me.  I'm fairly sure that with enough whiskey (just kidding), or rather PATIENCE, I'll manage to figure it out.  Got any experience with TurboTax, etc?  Are they worth the money, which is, I think, cheaper than H&R Block or an accountant?
Title: Re: Have you filed your taxes yet? (US residents)
Post by: LizaSymonenko on February 01, 2013, 05:15:47 PM

I don't have Turbo Tax, but, know a number of folks at work who swear by it.

I believe an accountant would be cheaper....and a friend who does taxes would only be the price of a dinner.  :)
Title: Re: Have you filed your taxes yet? (US residents)
Post by: katherineofdixie on February 01, 2013, 05:41:35 PM
Don't have my W2 yet.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Quinault on February 01, 2013, 05:45:57 PM
Turbotax is about $30.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: JamesR on February 01, 2013, 05:52:18 PM
My parents did them last week and didn't get any return because my dad screwed up and claimed too many dependents.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: J Michael on February 01, 2013, 05:54:01 PM
Turbotax is about $30.

Really?  That's all?  Hey, if it's smarter than I am (which isn't difficult  ;D), it may just be worth it--if it knows what 1099-R is and what to do with it  ;).
Title: Re: Have you filed your taxes yet? (US residents)
Post by: J Michael on February 01, 2013, 05:54:50 PM
My parents did them last week and didn't get any return because my dad screwed up and claimed too many dependents.

Well, that sucks!!  Sorry to hear that.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: LizaSymonenko on February 01, 2013, 06:16:26 PM
Turbotax is about $30.

Really?  That's all?  Hey, if it's smarter than I am (which isn't difficult  ;D), it may just be worth it--if it knows what 1099-R is and what to do with it  ;).

I've seen someone actually use this...and it takes you step by step....almost fool proof....but, you need to know which tabs apply, etc.  For $30 I would say it's worth it!
Title: Re: Have you filed your taxes yet? (US residents)
Post by: J Michael on February 01, 2013, 06:23:38 PM
Turbotax is about $30.

Really?  That's all?  Hey, if it's smarter than I am (which isn't difficult  ;D), it may just be worth it--if it knows what 1099-R is and what to do with it  ;).

I've seen someone actually use this...and it takes you step by step....almost fool proof....but, you need to know which tabs apply, etc.  For $30 I would say it's worth it!

Fool-proof, you say?  Well, I guess it might just work for me, then  :D :D!  I'll look into it.  Thanks!
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Quinault on February 01, 2013, 06:25:43 PM
Turbotax is about $30.

Really?  That's all?  Hey, if it's smarter than I am (which isn't difficult  ;D), it may just be worth it--if it knows what 1099-R is and what to do with it  ;).

Yes, it knows the random forms. I just had to do a 1099-C and it wasn't any problem whatsoever.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: J Michael on February 01, 2013, 06:47:08 PM
Turbotax is about $30.

Really?  That's all?  Hey, if it's smarter than I am (which isn't difficult  ;D), it may just be worth it--if it knows what 1099-R is and what to do with it  ;).

Yes, it knows the random forms. I just had to do a 1099-C and it wasn't any problem whatsoever.

You guys are starting to convince me  ;).
Title: Re: Have you filed your taxes yet? (US residents)
Post by: J Michael on February 01, 2013, 07:03:51 PM
Turbotax is about $30.

Really?  That's all?  Hey, if it's smarter than I am (which isn't difficult  ;D), it may just be worth it--if it knows what 1099-R is and what to do with it  ;).

Yes, it knows the random forms. I just had to do a 1099-C and it wasn't any problem whatsoever.

Are you using Turbotax from their website and e-filing?  My wife's a little paranoid about the whole security issue and who's seeing what and who can get access, etc.  Or, do you have a cd that you're using and everything just stays on your computer without going into cyberspace?
Title: Re: Have you filed your taxes yet? (US residents)
Post by: pmpn8rGPT on February 01, 2013, 07:18:55 PM
I always try to do them as quickly as possible.  I think this is a new record (meaning I've got more time to do absolutely nothing  :D)
Title: Re: Have you filed your taxes yet? (US residents)
Post by: PeterTheAleut on February 01, 2013, 07:20:47 PM
Turbotax is about $30.

Really?  That's all?  Hey, if it's smarter than I am (which isn't difficult  ;D), it may just be worth it--if it knows what 1099-R is and what to do with it  ;).

I've seen someone actually use this...and it takes you step by step....almost fool proof....but, you need to know which tabs apply, etc.  For $30 I would say it's worth it!
Two things I like about TurboTax online:
1. If your federal tax filing is simple enough, they'll do it for free. (I think you still have to pay a fee for your state tax returns.)
2. Every year that I've filed online, I got my refund within the next 7-10 days. On average, filing via snail mail will get you your refund in double to triple the time.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: PeterTheAleut on February 01, 2013, 07:24:19 PM
Turbotax is about $30.

Really?  That's all?  Hey, if it's smarter than I am (which isn't difficult  ;D), it may just be worth it--if it knows what 1099-R is and what to do with it  ;).

Yes, it knows the random forms. I just had to do a 1099-C and it wasn't any problem whatsoever.

Are you using Turbotax from their website and e-filing?  My wife's a little paranoid about the whole security issue and who's seeing what and who can get access, etc.  Or, do you have a cd that you're using and everything just stays on your computer without going into cyberspace?
Is filing online any less secure than filling out all the paperwork and dropping it physically into a mailbox that can be broken into or a mail distribution system that occasionally loses mail? Just think about how many people will handle your snail mail in transit from your hands to the IRS, and it can't be encrypted.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Jason.Wike on February 01, 2013, 07:25:01 PM
How much do americans pay in taxes?

It honestly seems like they just make it up in every case. They withheld like 15% of my pay last year for taxes and after I've done my taxes, my actual tax that I have to pay after everything is considered was only $5.

If I had a cow (semi-seriously) it would probably turn it to $0.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Jason.Wike on February 01, 2013, 07:36:10 PM
Still waiting on a 1099-R for a disbursement from an annuity we have.  Hopefully we'll get it in the next couple of days, and I can begin the annual ritual of pulling out my hair trying to understand the forms and instructions.  My wife says I'm horrible to be around when doing taxes.   :-[ :-[  I don't even like being around myself while doing them  8).

How good/complete are programs like TurboTax?  We can't really afford H and R Block, et. al.

HR Block has a free one too. Better than TurboTax, they won't expect you to actually know or find some obscure code from last year that you need to complete this year's tax return (and after you've entered everything and realize there's no way in heck you are ever going to find that code again so you just wasted a bunch of time).
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Quinault on February 01, 2013, 07:38:58 PM
What I love about Turbo tax is that all my information carries over each year. I really only have to enter a few numbers to have it done. We itemize our deductions, it takes me less than 1 hour to file taxes from start to finish. Your electronic signature is based upon your previous year's return. Since I have filed thru TT for years, it is a very easy process.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Nephi on February 01, 2013, 07:40:28 PM
Yep.  My mom's an accountant and does them for me. :)
My mom does mine for me too, actually. She used to work for H&R Block. :D
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Shiny on February 01, 2013, 07:40:57 PM
Turbotax is about $30.

Really?  That's all?  Hey, if it's smarter than I am (which isn't difficult  ;D), it may just be worth it--if it knows what 1099-R is and what to do with it  ;).
You're old.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Jason.Wike on February 01, 2013, 07:41:07 PM
What I love about Turbo tax is that all my information carries over each year. I really only have to enter a few numbers to have it done. We itemize our deductions, it takes me less than 1 hour to file taxes from start to finish. Your electronic signature is based upon your previous year's return. Since I have filed thru TT for years, it is a very easy process.

They must have improved it. I used them once years ago, then went to use them again the next year and nothing was carried over and they wanted me to find the code I mentioned in my previous post. No way to get it again, it wasn't even in the files I saved from them.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: SolEX01 on February 01, 2013, 07:47:10 PM
I ordered TaxAct 2012 Ultimate Edition.  Will send payment for software via snail mail (no credit card).  Will file returns via snail mail as well (with refunds coming via snail mail rather than direct deposit).  

http://www.taxact.com (http://www.taxact.com)

I've been using TaxAct since 2003.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: PeterTheAleut on February 01, 2013, 07:50:56 PM
Still waiting on a 1099-R for a disbursement from an annuity we have.  Hopefully we'll get it in the next couple of days, and I can begin the annual ritual of pulling out my hair trying to understand the forms and instructions.  My wife says I'm horrible to be around when doing taxes.   :-[ :-[  I don't even like being around myself while doing them  8).

How good/complete are programs like TurboTax?  We can't really afford H and R Block, et. al.

HR Block has a free one too. Better than TurboTax, they won't expect you to actually know or find some obscure code from last year that you need to complete this year's tax return (and after you've entered everything and realize there's no way in heck you are ever going to find that code again so you just wasted a bunch of time).
Come to think of it, this is the first year since I started using TurboTax that I did NOT have to find that obscure code from last year, so I think they just got rid of your reason for complaint.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Hinterlander on February 01, 2013, 07:51:53 PM
Turbo tax is the way to go. It's fast and saves your info so next year it'll be even faster. I've used it for at least seven years. Electronic filing is nothing to be worried about.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Quinault on February 01, 2013, 08:04:52 PM
The last 3 years my info has carried over. But I do pay to file, I don't use the free version.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: J Michael on February 01, 2013, 08:24:47 PM
Hey, thanks for all the feedback, everybody  :)!!!  Here's what I think I'll do.  Once I get the blasted 1099-R in the mail, I'll go through it all and try to do it myself.  If I start reaching for my head to pull out some hair, or if my wife thinks I'm getting more cantankerous than I usually am, I'll head for TurboTax!   :)

Please pray for me and, especially, long-suffering my wife  ;)!

 
Title: Re: Have you filed your taxes yet? (US residents)
Post by: J Michael on February 01, 2013, 08:25:57 PM
Turbotax is about $30.

Really?  That's all?  Hey, if it's smarter than I am (which isn't difficult  ;D), it may just be worth it--if it knows what 1099-R is and what to do with it  ;).
You're old.

Yup.  And you're not.  8)  God willing, one day you will be.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: J Michael on February 02, 2013, 05:16:33 PM
Yippeee!  Filed my Federal form today, using Free File Fillable Forms off the IRS website.  Turns out the 1099-R wasn't a problem--if I did it correctly, that is  :o.

It was a bit tedious and took some time, as you've got to type in all the info for all the forms you're filing.  But...it's FREE!

So, if I did it all correctly, I should be getting my refund in a week or two, hopefully.  And, if I didn't do it correctly, the IRS will fix it.  Ain't the IRS wunnerful  ;D ;D?

Will do the state forms maybe tomorrow.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Tallitot on February 02, 2013, 05:18:08 PM
I got my federal and state refunds today by direct deposit.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Timon on February 02, 2013, 05:26:48 PM
not yet. just got the rest of my 1099's today. i pay quarterly since every penny i make is through independent contract work. (music & music lessons)

mine are a pain because I have to add up every receipt ive saved throughout the year plus add up all my car mileage. after i do that, i take it to a CPA and pay him $200 to do it all for me. its way too much of a headache for me to even want to deal with. and he usually saves me $200 more somehow that I wouldnt have figured out myself, so it evens out.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Peacemaker on February 03, 2013, 11:34:36 AM
Still waiting on my other W2, they said it was going to mail out on Jan 28th... I won't hold my breath.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: J Michael on February 04, 2013, 12:40:17 PM
Well, I've got to amend my previous post  ::).  After "filing" with Free File..., I got a notice that the return wasn't accepted.  The reason given was some kind of weird code that I never did figure out.  Tried 2 more times with one or two "fixes", both of which were also rejected.  In total frustration and exasperation, I then filed both state and federal via TurboTax.  Wow!  They're great!!  Federal's been accepted, still waiting on state.  So far, I give it an A+ and it's worth the $$!  And sooooooooooo much easier!!
Title: Re: Have you filed your taxes yet? (US residents)
Post by: biro on February 04, 2013, 07:40:45 PM
Just filed, via Turbo Tax online. Need a drink.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: dcommini on February 04, 2013, 07:59:18 PM
My wife filed our taxes last week using H&R block online which was free for us. I believe that she uses H&R Block online every year just to make our lives easier.
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Shiny on February 04, 2013, 09:21:47 PM
Just filed, via Turbo Tax online. Need a drink.
Oh no :(
Title: Re: Have you filed your taxes yet? (US residents)
Post by: biro on February 04, 2013, 09:26:37 PM
I'll be okay. Had a mini-Milky Way ice cream bar instead. :)
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Shiny on February 04, 2013, 09:35:49 PM
I'll be okay. Had a mini-Milky Way ice cream bar instead. :)
Were you like me where you tried to break even but ended up owing about 1500?
Title: Re: Have you filed your taxes yet? (US residents)
Post by: biro on February 05, 2013, 06:22:07 AM
I'll be okay. Had a mini-Milky Way ice cream bar instead. :)
Were you like me where you tried to break even but ended up owing about 1500?

Well, I did all right. Not to brag. :)
Title: Re: Have you filed your taxes yet? (US residents)
Post by: Hinterlander on February 05, 2013, 09:00:34 AM
So Turbotax wanted 60 bucks this year, I don't know why.  They had me configured for the deluxe verson?  So my wife and I went with freetaxusa (for like 10-15 bucks). Granted we take the standard deduction and only enter w2s, charity donation and student interest payment.