Got my taxes done

[giza]

The good news is that I made the right choice by hiring an accountant this year. I needed professional help for my taxes.

The bad news is just how much I owe, thanks to Capital Gains. Let me put it this way: I probably just financed some auditor's weekend party, complete with FREE HOOKERS AND COCAINE!

Comments

[drleo.livejournal.com]

I hope you're not expecting sympathy because you had capital GAINS.

[giza.livejournal.com]

Eh, that's the rub. I came out ahead, but it still sucks getting a nasty surprise like this. And esppecially to this magnitude.

[giza.livejournal.com]

I'm not sure I want to know how you know this...

[gen-talon.livejournal.com]

Ouch...sucks to hear that you had to pay whole lot on taxes Giza..
*patpats* Do not worry. I shall crash that party and make a wreck of it. ;)

[redrob.livejournal.com]

I am so with you on this - I did my own (again) this year, and when I went to file my copies away, started noticing errors. And more errors. There was an article in the paper about itemized deductions that pointed out another error.

I gave up and got an accountant. And, well, I think your auditor-friend is throwing his weekend party on his new boat.

Alex

[halex.livejournal.com]

This is why I'm thankful that my mom is an accountant, I've never had to touch my taxes. Sucks to hear that you owe so much this yeah :/

[giza.livejournal.com]

Wow, they actually have a version for OS/X. I'm impressed.

Regardless, I feel way more comfortable about having a human handle my taxes. For example, I now know why I have should set the number of allowances on my W-4 to zero instead of 1.

[taral.livejournal.com]

You had capital gains tax? What did you cash out?

[giza.livejournal.com]

4 years worth of stock options when my company was bought by a much larger one. :-)

[taral.livejournal.com]

Aw, NICE!

[giza.livejournal.com]

> I take it setting your W-4 allowances to zero is designed to get you a larger
> refund, or in this year's case, reduce what you owe?

Yes. It increases the amount withheld.

I calculated the interest that I made on what I owed, and it was a couple of bottles of wine. Not worth it.