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Have you done your taxes?

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88 replies to this topic

#26
FairWarning

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Doing them this week.

Long live SP Nation!!!


#27
Mr. NBA

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Stress free here.......my CPA and lawyers make the big bucks for a reason. :bulb



#28
BGS 9.5

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Not my own, but plenty others



#29
IAG

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"One day you're the cock of the walk, the next you're a feather duster."<br><br>SP NATION

...because the deafening roar of indefinite war is epic.

#30
IAG

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"One day you're the cock of the walk, the next you're a feather duster."<br><br>SP NATION

...because the deafening roar of indefinite war is epic.

#31
GreenDoberman

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They have been sitting on my kitchen table for about a month.  Should have more free time nowadays.



#32
WVU

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Lots of Natural Disasters all over the US last tax season.  Be sure to write off your inflated disaster expenses.



#33
rito

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That was horribly unpleasant

#34
milwaukee mike

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Lots of Natural Disasters all over the US last tax season.  Be sure to write off your inflated disaster expenses.

 

and while you're at it give them accurate contact info for the audit they will be doing 



#35
Sol Diablo

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Was just gonna send mine off this morning.

 

Using TaxAct.  Going through the review process that is supposed to look for red flags. 

 

I get asked a question about my 2016 return.  Something about did I itemize or use the standard deduction.  Guess something I answered conflicted.  

 

I clicked the other answer and hit next.  Fucking thing then said I owed another $300.  Fuck this shit.

 

I'm starting over from complete scratch with another program this weekend. 



#36
MonkeyF0cker

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I still have to drop off all of my info to my accountant.  Just collecting all of the stuff I need for him to do them takes forever.



#37
milwaukee mike

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Was just gonna send mine off this morning.

 

Using TaxAct.  Going through the review process that is supposed to look for red flags. 

 

I get asked a question about my 2016 return.  Something about did I itemize or use the standard deduction.  Guess something I answered conflicted.  

 

I clicked the other answer and hit next.  Fucking thing then said I owed another $300.  Fuck this shit.

 

I'm starting over from complete scratch with another program this weekend. 

 

it asked you that because you had an arizona refund in 2017... it is taxable if you itemized deductions in 2016 (because you took the deduction for payment, now you pay tax on refund)



#38
Sol Diablo

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it asked you that because you had an arizona refund in 2017... it is taxable if you itemized deductions in 2016 (because you took the deduction for payment, now you pay tax on refund)

 

I didn't itemize in 2016 on my federal return.  Standard was higher.  



#39
WVU

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and while you're at it give them accurate contact info for the audit they will be doing

Why would that trigger an audit? They will likely get a million returns with disaster write offs.

#40
MonkeyF0cker

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Certain things on your taxes have a higher probability of triggering audits according to my accountant.  He said that putting "professional gambler" as your profession will trigger more audits than putting something else.

 

I would assume that Mike is probably in tune with what those triggers are as well.



#41
Sol Diablo

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it asked you that because you had an arizona refund in 2017... it is taxable if you itemized deductions in 2016 (because you took the deduction for payment, now you pay tax on refund)

 

This pisses me off.

 

There is a tax credit deal here in AZ where if you donate up to $400 to a school you can get that 100% back when you file your taxes.  Which I did.  Which is the only reason I got a refund.  

 

So then pay taxes on something that was owed back to me as a 100% refund?  Bullshit.



#42
WVU

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Probab!y much more than a million will use it. You can write off anything your insurance didnt cover and your insurance deduction too.

#43
jasson621

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That was horribly unpleasant

Ha, I go next Tuesday I am hoping the check I write has only one comma.


Sayeret Matkal


#44
bookbraker

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I always owe...

Business privilege

Mercentile

Employer tax

Right to work tax

On and on and on.

To: LiL' Ted       From: housepicks 

 

You know why your daughters boyfriend invited his friend over for Christmas at your house?

Because it takes 2 beaners to fuck her fat ass.

Good thing you’re passed out drunk by then. 

 

 

12/30/2017

 

 

 

 

 

 


#45
Teddy kgb

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I always owe....


Your bookie

I had 3 Locks and they all lost......wasn't my fault it was the interwebs

 

- Bgs 5.9


#46
bookbraker

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Your bookie


Do your overnight house guests ever eat the shitty meals you cook?

To: LiL' Ted       From: housepicks 

 

You know why your daughters boyfriend invited his friend over for Christmas at your house?

Because it takes 2 beaners to fuck her fat ass.

Good thing you’re passed out drunk by then. 

 

 

12/30/2017

 

 

 

 

 

 


#47
milwaukee mike

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Why would that trigger an audit? They will likely get a million returns with disaster write offs.

 

because it's one of those situations where people write off way more than they should

 

someone writes off $20k as a casualty loss, that's an easy letter from irs saying show me your out of pocket check stubs, and your homeowners insurance papers showing what your deductible is and an explanation why you didn't turn in an insurance claim for it



#48
WVU

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[quote name="milwaukee mike" post="1198200" timestamp="1522450032"]

because it's one of those situations where people write off way more than they should

someone writes off $20k as a casualty loss, that's an easy letter from irs saying show me your out of pocket check stubs, and your homeowners insurance papers showing what your deductible is and an explanation why you didn't turn in an insurance claim for it[/quotwhat percent of those who take this deduction will be audited do you think?

#49
WVU

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That garbage above is asking what percent taking this deduction will actually get audited? Again, millions will/should use it.

#50
Sol Diablo

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[quote name="milwaukee mike" post="1198200" timestamp="1522450032"]

because it's one of those situations where people write off way more than they should

someone writes off $20k as a casualty loss, that's an easy letter from irs saying show me your out of pocket check stubs, and your homeowners insurance papers showing what your deductible is and an explanation why you didn't turn in an insurance claim for it[/quotwhat percent of those who take this deduction will be audited do you think?

 

You didn't ask me.  But I think you should take the narrow road.

 

Regardless of the justification in one's own head, its never a good idea to cheat on taxes.  






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