Venting about taxes

[Beryana]

I just wanted to vent about taxes. Okay, this year I thought it would be a rather straight-forward year for taxes, nothing surprising, etc. I was using the return to pay my property taxes. Big burst of that bubble! A few days ago I get a 1099 for the Roth distribution that I took to use as my downpayment on my house. Didn't think it would be any problem because my financial advisors didn't say that there would be any penalties, extra taxes, etc (I payed the taxes on the money when I rolled my 401K over into the Roth just for this purpose). I plug the info into TurboTax exactly as it was on my 1099 and WHAM! I'm hit, as it is right now, with have to PAY the IRS $300 (instead of a return of $500!)! Needless to say, I have calls into people to figure out WHY I would have to pay double taxes on this money - and no one has called me back. I would not have done payed the taxes on the rollover, opened a Roth, or bought a house if I had known I was going to have to pay large chunk of the money I earned and invested (though I lost a good chunk when the market nose-dived) to taxes!

ARGH!!! I just wanted to vent - this is the MOST annoying year for taxes yet (though next year could be worse because of business taxes, expenses, etc - though I may actually get above the standard deducation for once with my martgage loan and all my reenacting expenses!)d

Roses!

Sarah