The good news? I only owe a total of $1900.00 in taxes this year! Woo hoo!
The better news? I just finished a huge job that should bring a check for twice that in the next week or so. God provides.
I went back to turbotax.com again this year, mostly because they have all my past taxes on file, and let me know what I did last year. That’s quite handy. I was saddened to note however that they don’t like my operating system OR browser anymore, and I had to use IE. Slashdot is not interested in that fact, interestingly enough.
So why do I pay so much? I make lots of untaxed money. All my side work comes untaxed. That means I get a 1099 from each place I worked, and I have to wait for those to come before I can do my taxes, which is a pain. I’d have them done Jan1 if I had the paperwork.
Last November I got a nasty-gram from GR saying that I owed $50 interest on a 0 balance for my taxes. That really puzzled me, so I called them. It turns out, since I paid more than $100 in taxes for 2003, I was supposed to have filed quarterly, and the $50 was a FINE. No mention of that fact on the bill. Since I didn’t find that out until November, I didn’t file quarterly in 2004 either, so I’ll probably get a fine this year too. Hope I don’t go to jail.
And now I’ll be learning about quarterly taxes as well.