OT/MISC Who is done with their taxes in time?

ainitfunny

ainitfunny

Saved, to glorify God.
The stress of getting it in on time is awful.
Even, as usual, I didn't have to file, because of low income.
I thought that the sale of my fixer House ($350,000) would bring a big tax bill, but i paid ..$128 K for it so I was exempt, cause there was less than $250K profit so there was no tax on it.
I'm just poor enough to not have to worry.
Thank God.
I would never want to win the lottery.
At nearly 80, as long as i got a good home,
with my daughter, my cigarettes, money to go fishing.
and pay my tithe, I'm happy.




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ainitfunny

ainitfunny

Saved, to glorify God.
Hognutz said,-Did mine in February
Good on ya for getting the monkey off your back early.

And, to Samuel Adams - I abide with the law, even when
My goverment doesn't, because i'm in a wheelchair, about 80, and you can't smoke, or pack heat in jail!
 
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ainitfunny

ainitfunny

Saved, to glorify God.
Oh heavens, It must be so much more complicated with a trust. I'd have to turn it over to a professional too.

My daughter did mine, (because it was the long tax form) and said after an hour,...
"You dont have to file , even with the house sale you dont owe anything!"
 
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tnphil

tnphil

Don't screw with an engineer
ainitfunny said:
At nearly 80, as long as i got a good home,
with my daughter, my cigarettes, money to go fishing.
and pay my tithe, I'm happy.
Click to expand...
Fishing is always time well-spent. If you actually catch something, even better, and you've got your dinner as fresh as you can get it!

ETA: I always enjoyed two-day charter trips in the Gulf. When we anchored in late afternoon on day one, we fished while the captain pulled out the grill and got it going. Sizeable fish that might not have quite met minimum length got taken off the hook, cleaned and right onto the grill. From the water onto the plate in 20 minutes. :)
 
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Blacknarwhal

Blacknarwhal

Let's Go Brandon!
It may be "voluntary," but so's your stay in the clink should you fail to. Got that done back in March. Can't do it much sooner; January and February are farm taxes out here, so my guy's backed up during that stretch anyway.
 
H

Hammer

Veteran Member
ainitfunny said:
The stress of getting it in on time is awful.
Even, as usual, I didn't have to file, because of low income.
I thought that the sale of my fixer House ($350,000) would bring a big tax bill, but i paid ..$128 K for it so I was exempt, cause there was less than $250K profit so there was no tax on it.
I'm just poor enough to not have to worry.
Thank God.
I would never want to win the lottery.
At nearly 80, as long as i got a good home,
with my daughter, my cigarettes, money to go fishing.
and pay my tithe, I'm happy.




.
Click to expand...
Ypi know if it wasn't your primary residence the 259k exemption doesn't apply, right?
 
West

West

Senior
I got a extension and paid my quarterly for the first quarter of this year. It's $1000 every quarter and usually a extra $1000 including compliance cost. Yes I pay on average $5000 a year just in FICA and compliance taxes.

Our actual income(includes spouse) is less than $50k a year.

Fined for being independent individuals. Because we pay a additional $4 to $5k a year in state, federal, county and city taxes.

Vary disturbing.

But way less than when I employed people and paid my self more wages. For over 17 years I paid double of what I pay today. Not including the fica taxes I collected and paid for my men.

Edited to fix our additional estimated taxes that we pay when we spend our income. Had $40 to $50 in addition taxation above and beyond the 15% financial tax. But it's much closer if not more including gas taxes of only $5000 a year. Not $50k uhg that would be really bad!

:D
 
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West

West

Senior
Henry R Block, the only private sector entity that gets rich on 4-15!

Just saw this on the old Johnny Carson show. He was doing his fortune teller skit.

:D
 
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