The Old Folks Home

[bruceha2000]

Still have to call back tomorrow. I made the change in Turbotax and it thinks we owe about $100 less than the letter states. When I talked to the guy we agreed on the total tax owed and the amount of the estimated taxes paid and the amount paid with the extension (my computer was in the shop so I couldn't finish the taxes!!!) and there aren't any lines after that before the "you owe" and the "refund" lines. I must have missed something somewhere

 

[pennyJo1960]

Last time I tried to do BF's it all went wrong. We take it in now to a guy thats his thing.

 

[Sally PB]

The last time I did my own taxes was about 38 years ago. I will gladly pay someone to deal with that chore, even if we don't have anything complicated. I do look it over; last year I caught a deduction that was missed.

The guy was chagrined that he had made the mistake. He told me, "To be honest, I have never done taxes for someone who made HSA deposits with their own money."

 

[sourland]

Good morning, OF.

 

[lovesfarms]

It's a killer frost alright this morning. First of the season. Today should warm up with sunshine

 

[silverhair67]

Morning

 

[lovesfarms]

Still have to call back tomorrow. I made the change in Turbotax and it thinks we owe about $100 less than the letter states. When I talked to the guy we agreed on the total tax owed and the amount of the estimated taxes paid and the amount paid with the extension (my computer was in the shop so I couldn't finish the taxes!!!) and there aren't any lines after that before the "you owe" and the "refund" lines. I must have missed something somewhere

I use turbotax too. I'm always glad when I'm finished.

 

[CapricornFarm]

BTW, Good Morning. Still can't get out of the house. Stomach virus is the worst I've had in my life, being glued to the loo is not fun.

I hope you feel better soon.

 

[CapricornFarm]

Son and family are here. I am always disgusted how they never seem to teach their kids to speak properly. I can hardly understand what the 6 year old says. FINALLY they have plans to take him to a speech therapist!
It disgusts me because they keep thinking " God will fix it. " this is the 4th kid that has grown up talking gibberish. I really wanted to call CPS, but my hardworking son would be devastated.

 

[bruceha2000]

I do look it over; last year I caught a deduction that was missed.

See that's the thing. You have to keep all the stuff organized so they have it, otherwise they will do it wrong. And then you have to check to make sure they DIDN'T do it wrong. So just what are you paying them to do? (Besides make the mistake *I* made )

The ONE time I paid a bunch of money to a CPA to do my taxes many years ago I had bought a house and had a Timeshare condo reconveyed (*). Seemed pretty complicated so I paid him.

I got audited two years later. He would have gone with me for MORE money. I went alone with all my stuff. He had listed the reconveyance as a capital gain when it should have been ordinary income. There was even a piece of paper SAYING it was ordinary income. Somehow he missed that. The auditor decided I wasn't trying to defraud the government so I only had, no penalty just pay the interest ... 18% at the time!!! ... and the audit was a couple of years after the tax year so that was painful.

* the company kept saying they can't sell them as income producers but they REALLY pushed the "you can rent it out" aspect. I tried since that is why I bought it, no need for a one week rental 30 miles from home and at the time my minimal vacation time was always spent flying back to So. Cal to see family. I advertised locally, I advertised in Boston, nada. It was determined that the sale was under false pretenses and the company had to give me my money back. Others got theirs back as well.

He told me, "To be honest, I have never done taxes for someone who made HSA deposits with their own money."

Well at least he learned something. But YOU had to know that he missed it.

I use turbotax too. I'm always glad when I'm finished.

Me too! I really don't like doing taxes and for last year it was pretty complicated since we sold our old house that had been rented out for a few years AND had a big refund from the prior year that we left as "use it for next year" knowing that, unlike the rich people, we would have to pay a LOT of tax on the gain.