Taxes

[SigkapAlumWSU]

I've done my own for the past 4 years, and I don't really have any trouble, but then again, I don't have a whole lot of itemized stuff. I'm so mad at the gov't this year. I went from being independant to dependant status again (went back to school) and all the $$ I was looking forward to getting back as an indep. went buh-bye because I am now a dependant again. Apparently I must not need any $$ that I earned because my parents are expected to "provide" for me... yeah right!

[SoCalGirl]

Originally posted by AOIIBrandi
It's easy as long as you don't start adding in Capital Gains on the sale of stock options and such....We pretty much just pay someone now so that if something is wrong the IRS goes to them instead

Sorry to break it to you; but the IRS comes after YOU and maybe the accoutant. When you sign the forms they say basically that you know everything is correct and true under penalty of law.

I've always done my taxes under my dad's supervision. And all he ever does is double check the math and insists that I write neatly. We've always come up w/ the same totals, so that's good.
One year I ended up having to pay a little to state and fed. (Less than $50 each. But I was pissed.) I recalculated over and over! Turned out both forms had some errors and I got the money back plus interest. This year I did my taxes the very night that I got my W2. I got the statement from the bank the same day. So I felt like God was telling me to get them done. I ended up with $99 back from state and $1001 from fed. I was stoked. This was the first year that my parents couldn't claim me. That's why I got so much. My dad on the other hand pays an extra $1000 a month over what would normally be taken back and only got $4000 back. It was funny watching him bitch about his pay raises. He got pushed into higher tax bracket.