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Old 03-27-11, 06:08 PM   #1
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Taxes - yuck!!!

Anyone enjoy doing their taxes? Personally I can't stand doing them. Even if I'm getting a decent refund back, I tend to procrastinate.
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Old 03-27-11, 06:14 PM   #2
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I don't do them. I pay someone else to.
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Old 03-27-11, 06:31 PM   #3
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Ever since I went to tax software many years ago, it is almost a joy to do my taxes. It only takes about 45 minutes, so I do them as soon as I get all the financial statements.
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Old 03-27-11, 06:34 PM   #4
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My cat did it for me. In retrospect that might have been a mistake.
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Old 03-27-11, 06:36 PM   #5
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Ever since I went to tax software many years ago, it is almost a joy to do my taxes. It only takes about 45 minutes, so I do them as soon as I get all the financial statements.
I've been using tax software for many years. Takes me about an hour to complete both my wife's and my taxes. I still can't stand doing them.
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Old 03-27-11, 06:36 PM   #6
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My cat did it for me. In retrospect that might have been a mistake.
Depends. How much of a refund did he get you?
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Old 03-27-11, 06:41 PM   #7
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I've been getting good refunds lately. I thought to get a motor scooter or small motorcycle this year but I know it would be so much fun to ride all around and I'd get fat again so I may just get a new bike...and a new hat.
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Old 03-27-11, 07:03 PM   #8
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You mis-spelled the second word in the title of this thread.
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Old 03-27-11, 07:17 PM   #9
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I get amped about 'em -- it's the one time of the year I can spend money on my family (and myself) like I want to!

Mine are pretty simple -- and with my income, I have yet to NEED to claim mortgage interest! (Dunno whether to be happy or sad about that....)
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Old 03-27-11, 07:41 PM   #10
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Depends. How much of a refund did he get you?
When the pallet of Fancy Feast arrives from the US Treasury, we'll know.
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Old 03-28-11, 01:25 AM   #11
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Depends. How much of a refund did he get you?
A bunch, but...

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When the pallet of Fancy Feast arrives from the US Treasury, we'll know.
Pretty much.
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Old 03-28-11, 02:43 AM   #12
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I don't mind it at all. My wife has done them for the last 18yrs. All I do is sign and spend.
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Old 03-28-11, 05:18 AM   #13
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My wife is an accountant.....she loves tax time.
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Old 03-28-11, 07:05 AM   #14
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Wow, you guys are all getting refunds? I'm doing something wrong....
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Old 03-28-11, 07:11 AM   #15
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I work for myself, have rental properties & a farm... and I don't get a refund, I wait to see what I owe after paying obscene amounts into the EFTPS all year (well, I DID qualify for a refund in 2007 because I totally expensed a $30K tractor, but it just went forward to 08 taxes). It's actually NOT the taxes, it's the FICA I hate to pay! Self employed folks pay the whole 15%. Anyway, I spend a day or two organizing the year's paperwork & then send them to my accountant, who does a superb job of seeing to it that I don't owe more than I paid!
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Old 03-28-11, 09:01 AM   #16
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We just use TurboTax online and I take 30 minutes and boom, all done. Then my wife spends the rest of the year asking me if I forgot anything. I used to just have someone else do them, but my taxes have gotten so simple, it's not worth it.
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Old 03-28-11, 11:34 AM   #17
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Wow, you guys are all getting refunds? I'm doing something wrong....
or right. Getting a tax refund is like giving a government a interest free loan for a year, and for the bonus for state you get to claim it as income for the next year (at least in CA).
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Old 03-29-11, 07:07 PM   #18
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Wow, you guys are all getting refunds? I'm doing something wrong....
No, you're doing it right! No need to give your government an interest-free loan! You can take that extra money that would've gone to the government, put it into their own tax-deferred instruments. Then when it comes tax-time, you can cash out some of it and pay off the extra amount that you owe. You're using the government's own money to pay your taxes. And you can keep the extra interest that you've earned.

A tax-attourney is worth his weight in gold... and mine weighs 385-lbs !!!
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Old 03-29-11, 09:52 PM   #19
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No, you're doing it right! No need to give your government an interest-free loan! You can take that extra money that would've gone to the government, put it into their own tax-deferred instruments. Then when it comes tax-time, you can cash out some of it and pay off the extra amount that you owe. You're using the government's own money to pay your taxes. And you can keep the extra interest that you've earned.

A tax-attourney is worth his weight in gold... and mine weighs 385-lbs !!!
Heck yes. I consider myself to have failed when I get a refund.

I love hearing people complain that they're living paycheck-to-paycheck... but are getting thousands in a tax refund. And then they act mystified about the connection between the two.
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Old 03-29-11, 10:57 PM   #20
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Actually, I know I'm doing it right, but writing the big check is still going to hurt.

I've procrastinated a few more days now.
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Old 03-30-11, 12:09 PM   #21
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Texas? You got a problem with Texas? Don't mess with Texas!

Oh taxes....




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Old 03-30-11, 12:41 PM   #22
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I haven't done mine yet. I did print out all the forms and put everything together in a folder. I'll have to pay a bunch as I was a 1099 contractor most of last year, bleh. I have the money set aside to pay with and I'll submit my forms and payment at the last moment. I'll crunch the numbers later this week.

I got a real job in Nov so next year I'll just do a 1040EZ form. WOOT!
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