I have wrestled our Federal tax return into submission!

[agilebrit]

And it only took an hour! I didn't throw the pencil across the room even once! And I only made one mistake, which I caught because something there was SO not making sense.

I will declare this a "win."

I haven't done the State tax form yet. I'm debating if I want to pick one up at the library or use the online form...

Of course, if I'm going to pick one up from the library, then the Hubby better get home with my car soon. They close in a couple of hours.

I'm still wondering about this whole "economic stimulus" check they're supposed to be sending us. Last I heard, it was an "advance on next year's refund." But now I'm reading on the IRS website that "that it won't reduce my refund for next year or increase the amount I owe." However, I still need to hang on to the paperwork for tax purposes next year. Whyfor?

I'd really like to opt out of the whole thing, myself. We don't particularly need it, and if it's an advance on our refund...when was the last time we got one of those? Yeah, that's what I thought. Count me out, plz.

Unless it's an actual tax rebate. Oh, yes, give me that. *grabbyhands* But I have no faith that it's one of those, because the government, she doesn't work thataway. Nuh-uh.

Comments

[mermaidrain.livejournal.com]

So are we not getting those until NEXT year then? *is confused*

[agilebrit.livejournal.com]

They're going to start sending them out in May of this year. But whatever effect it has on our taxes, it will have on "this year's" taxes, which we file "next year."

I love how, in their quest to "do something" for us, the government has only succeeded in confusing the hell out of us. Typical.

[mermaidrain.livejournal.com]

LOL! It's true. ;)

[iposty.livejournal.com]

lol.. I'm pretty happy, but we received our refund (and applied it to student loans) months ago. :) my wife does ours also, she's a great bookkeeper.

As for the economic stimulus.. no, it's not an advance on next years return. It is your money, free and clear (but you have to file taxes to be eligible) it IS however, the government printing fake money it doesn't have and going further into debt.

Especially since they're giving it to retirees, unemployed, disabled veterans (which frankly deserve assistance - but not tax refund style since many don't work) and illegal immigrants (because they filed taxes fraudulently and somehow we cant track that??)

so no, it's not and advance. It's a real rebate. Here's the details:
http://www.irs.gov/newsroom/article/0,,id=179181,00.html