2016 Federal and State Income Taxes
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Re: 2016 Federal and State Income Taxes
Here is the link to the Federal forms and pubs: https://www.irs.gov/forms-pubs
Roy
Mark V/510, Mark V/500 with parts for 510 upgrade, bandsaw, jointer, belt sander, DC3300 w/1 micron bag
Sawstop 3HP 36" PCS w/router table insert
Home designed and built CNC router, another CNC router
desktop size, Avid 5x10 Pro CNC w/ATC, CNCed G0704 milling machine
Laser engraver
Way too much other stuff and not enough space
Mark V/510, Mark V/500 with parts for 510 upgrade, bandsaw, jointer, belt sander, DC3300 w/1 micron bag
Sawstop 3HP 36" PCS w/router table insert
Home designed and built CNC router, another CNC router
Laser engraver
Way too much other stuff and not enough space
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swampgator
- Platinum Member
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- Joined: Fri Nov 27, 2009 9:32 pm
- Location: Pensacola, FL
Re: 2016 Federal and State Income Taxes
Next month will be time for me to file Federal taxes. Will continue like Ed to use TurboTax through my local credit union started by federal workers and maintained for us. TurboTax is set up so that it is a direct deposit. However, this year there will be no refund as I had more taken out in the event someone who is immoral wants to file for me and claim my refund. So, I invested the extra into the Christmas Club at the credit union. It paid out in November and I saved enough to pay the difference. My 1099's won't be here until the end of January or the beginning of February. When it warms again, I will be turning as I have more new screws. And, thankfully, Florida does not have a state income tax, but they sure get you on property taxes.
Steve, the old swampgator
Steve, the old swampgator
- dusty
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- Location: Tucson (Wildcat Country), Arizona
Re: 2016 Federal and State Income Taxes
Mine are done but cannot be submitted. I have yet to receive 1099s, etc. I have a tax bill but I expect that because I do not report everything in real time. The good news is that the taxes due are less than last years.
It has been said on the news that times are getting better for the average American family but I always thought that when times got better there was to be more available to spend. I actually made less money this year than in any of the last eight years. Go figure?
It has been said on the news that times are getting better for the average American family but I always thought that when times got better there was to be more available to spend. I actually made less money this year than in any of the last eight years. Go figure?
"Making Sawdust Safely"
Dusty
Sent from my Dell XPS using Firefox.
Dusty
Sent from my Dell XPS using Firefox.
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ERLover
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Re: 2016 Federal and State Income Taxes
I dont think they figure us retired people in on that.dusty wrote:Mine are done but cannot be submitted. I have yet to receive 1099s, etc. I have a tax bill but I expect that because I do not report everything in real time. The good news is that the taxes due are less than last years.
It has been said on the news that times are getting better for the average American family but I always thought that when times got better there was to be more available to spend. I actually made less money this year than in any of the last eight years. Go figure?
KNOWLEDGE AND EXPERIENCE EQUALS WISDOM. Albert Einstein
The Greatness officially starts
Greenie, Grayling, SS stand alone BS and BS SPT, jointer and belt sander, 3 Ers with Speed Changers. I think those 3 cover my ER needs, and space for them.
The Greatness officially starts
Greenie, Grayling, SS stand alone BS and BS SPT, jointer and belt sander, 3 Ers with Speed Changers. I think those 3 cover my ER needs, and space for them.
Re: 2016 Federal and State Income Taxes
Same here. The forms are ready to go when I get the 1099s. They aren't required to get them out before Feb 1, so they won't. So, we wait. But, I owe the IRS this year and they get to wait for their check.dusty wrote:Mine are done but cannot be submitted. I have yet to receive 1099s, etc. I have a tax bill but I expect that because I do not report everything in real time. The good news is that the taxes due are less than last years.
- dusty
- Platinum Member
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- Joined: Wed Nov 22, 2006 6:52 am
- Location: Tucson (Wildcat Country), Arizona
Re: 2016 Federal and State Income Taxes
We pay our taxes (property and income) monthly into a savings account that SWMBO will not touch. When the tax bill actually solidifies, she will pay them immediately. I don't even think about them anymore. My job is COMPLETE as soon as the tax program is on the computer. This year I entered all the numbers; I just could not wait until I was able to see what this Administration had done to me this year. Actually, not bad.garys wrote:Same here. The forms are ready to go when I get the 1099s. They aren't required to get them out before Feb 1, so they won't. So, we wait. But, I owe the IRS this year and they get to wait for their check.dusty wrote:Mine are done but cannot be submitted. I have yet to receive 1099s, etc. I have a tax bill but I expect that because I do not report everything in real time. The good news is that the taxes due are less than last years.
"Making Sawdust Safely"
Dusty
Sent from my Dell XPS using Firefox.
Dusty
Sent from my Dell XPS using Firefox.
Re: 2016 Federal and State Income Taxes
Same here. Last year I paid nothing to TurboTax, andGene Howe wrote:Ditto.newportcycle wrote:No forms here, TurboTax, 20 minutes state and feds are done. Electronic submittal and waiting for direct deposit refund.
will do the same this year.
Even saved the price of a stamp.
steve
10 ER, stripped down.
Basic 10ER, Parts machine. Will be a semi-dedicated drill-press machine.
10 ER, a "survivor" of the trailer fire, in the back yard, needing restoration. Has a Mk5 headrest. Finally, stripped down.
Numerous parts, for Model 10 stuff. Except for lower saw guard, A and B adapters, I've got it.
Looking for one more, or some 9 inch extension table raisers.
Basic 10ER, Parts machine. Will be a semi-dedicated drill-press machine.
10 ER, a "survivor" of the trailer fire, in the back yard, needing restoration. Has a Mk5 headrest. Finally, stripped down.
Numerous parts, for Model 10 stuff. Except for lower saw guard, A and B adapters, I've got it.
Looking for one more, or some 9 inch extension table raisers.
Re: 2016 Federal and State Income Taxes
Got started today but I'm missing a lot of information still. Did what I could and saved it and now have to wait for the mail to see what comes that I can add on.
BTW I use the "Free File Fillable Forms" located here:
https://www.freefilefillableforms.com/#/fd
Ed
BTW I use the "Free File Fillable Forms" located here:
https://www.freefilefillableforms.com/#/fd
Ed
{Knight of the Shopsmith} [Hero's don't wear capes, they wear dog tags]
Re: 2016 Federal and State Income Taxes
I'm still missing one of the 1099s, and my bank says I can't get it until Feb 1, so I wait until then.
Re: 2016 Federal and State Income Taxes
As of after today's mail I down to missing a statements from the credit union and my pension numbers. I have most of the forms filled out so now it mostly wait and see when the other stuff comes in.
Ed
Ed
{Knight of the Shopsmith} [Hero's don't wear capes, they wear dog tags]