The 2013 taxation thread
02-05-2014, 12:41 PM
#21
Retired Mech Design Engr
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Join Date: Jan 2013
Location: Seneca, SC
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I have a Scottrade account that claims, and follows through that they do not have to send me paperwork by the normal Jan 31 deadline. I think it comes more like Feb 20. Then I can begin filing.
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02-05-2014, 12:43 PM
#22
Boost Pope
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By "big", I assume you mean "populated mostly by cattle, mountains, and the elderly poor."
And I've also heard the opposite, that NJ is the one that gets stuffed.
Which is why this year I will actually be visiting a tax preparer. Will do the SE, Fed and CA on my own as usual, I just need someone to show me the ropes for NY/NJ. (What's really annoying is that since a couple of invoives got delayed until December, some of that SE income was realized after I moved here and began W2 employment. AARGH! )
I suspect both NY and NJ will request payment in full (i.e. double). You just have to tell NY to stuff it.
Which is why this year I will actually be visiting a tax preparer. Will do the SE, Fed and CA on my own as usual, I just need someone to show me the ropes for NY/NJ. (What's really annoying is that since a couple of invoives got delayed until December, some of that SE income was realized after I moved here and began W2 employment. AARGH! )
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02-05-2014, 05:59 PM
#24
Junior Member
Join Date: Jan 2014
Location: Madison
Posts: 316
Total Cats: 30
20% higher on earnings this year
Did considerably worse on returns than last year, same high withholding on checks, married filing jointly.
Nothing changed except income. ****. Crossed dat line I guess.
Did considerably worse on returns than last year, same high withholding on checks, married filing jointly.
Nothing changed except income. ****. Crossed dat line I guess.
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02-05-2014, 10:54 PM
#26
Elite Member
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Join Date: Feb 2008
Location: Birmingham Alabama
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Already expecting my return to appear in my account in the next week or two. E-filed with direct deposit a few days before the 31st. Last year it only took about 2 weeks to get my return. I gauged things better this year, only getting back $800. Then again, I was only employed for 7.5 months last year.
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02-06-2014, 04:32 PM
#31
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Join Date: Oct 2011
Location: OKC, OK
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I've never understood it. Then again, we bought cheap and my mortgage interest deductions/student loans, etc are still less than the standard deduction.
Hence my apprehension for this year since everything is changing. The accountant is supposed to have us the numbers tomorrow.
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02-06-2014, 04:55 PM
#33
Oh the false economy of the mortgage deduction.
I've never understood it. Then again, we bought cheap and my mortgage interest deductions/student loans, etc are still less than the standard deduction.
Hence my apprehension for this year since everything is changing. The accountant is supposed to have us the numbers tomorrow.
I've never understood it. Then again, we bought cheap and my mortgage interest deductions/student loans, etc are still less than the standard deduction.
Hence my apprehension for this year since everything is changing. The accountant is supposed to have us the numbers tomorrow.
I fugured more Amuricans would understand.
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02-06-2014, 05:23 PM
#35
I'm gonna get screwed this year, I'm saving up already. I took ~$40k out of a trust to buy my house, which I did cash so I don't even get any mortgage deductions (of course that's offset by the fact that I don't have a mortgage).
I'm also gonna let a professional deal with it this year.
I'm also gonna let a professional deal with it this year.
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02-09-2014, 04:21 PM
#39
Boost Pope
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God, this is shaping up to be a fun year. In 2013, I was a business owner, a full-time graduate student, a regular employee, and a resident of three states. Aside from being a farmer or a member of the armed services deployed oversees, I think that ticks all the "weird" boxes.
Just finished Schedule C and Schedule SE. Starting Schedule A, which should be fairly simple.
I still haven't the slightest idea whether I'm going to be paying out or collecting this year. I'm leaning in the direction of paying out since I skipped an ES payment, but then my 2013 C/SE income was way lower than 2012, upon which the ES was based.
EDIT: Just finished Schedule A. My itemized Deductions are *LESS* than my Standard Deduction. I can't remember the last time this happened...
Just finished Schedule C and Schedule SE. Starting Schedule A, which should be fairly simple.
I still haven't the slightest idea whether I'm going to be paying out or collecting this year. I'm leaning in the direction of paying out since I skipped an ES payment, but then my 2013 C/SE income was way lower than 2012, upon which the ES was based.
EDIT: Just finished Schedule A. My itemized Deductions are *LESS* than my Standard Deduction. I can't remember the last time this happened...
Last edited by Joe Perez; 02-09-2014 at 04:42 PM.
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02-09-2014, 04:46 PM
#40
Married filling jointly with two incomes? You'll end up paying more then when you were single.
Try adjusting your deductions to 0 or 1. For both of you.
Then you might see refunds like you did when you were single.
Might.
Your results may vary.
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