Income Taxes - 2023

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dusty
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Income Taxes - 2023

Post by dusty »

Star early : you may have an unpleasant surprise waiting for you.

I sure did.
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mountainbreeze
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Re: Income Taxes - 2023

Post by mountainbreeze »

Mine are done (not filed). No surprises here.
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BigKahunaFL
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Re: Income Taxes - 2023

Post by BigKahunaFL »

Finished and filed a week ago. I liken it to ripping a BandAid off as quickly as possible; get the pain over with as soon as possible!
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edflorence
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Re: Income Taxes - 2023

Post by edflorence »

dusty wrote: Fri Feb 02, 2024 7:37 am : you may have an unpleasant surprise waiting for you.
Sorry to hear that. Hope it ain't contagious! I have all my 1099's in pile, but probably won't get to them until late next week. Oral surgery on Tuesday will interfere with getting my taxes done.
Ed
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BuckeyeDennis
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Re: Income Taxes - 2023

Post by BuckeyeDennis »

edflorence wrote: Fri Feb 02, 2024 5:02 pm Oral surgery on Tuesday will interfere with getting my taxes done.
Well, enjoy the oral surgery — you’re saving the worst for last! :eek:
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dusty
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Re: Income Taxes - 2023

Post by dusty »

After correcting entry erros...taxes are not all that bad. I'll take this tax bill and skip oral surgery. but taxes will not be paid until April.
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CreekWood
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Re: Income Taxes - 2023

Post by CreekWood »

I think the withholding tables are deliberately low, but the IRS online calculator goes to the other extreme.
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dusty
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Re: Income Taxes - 2023

Post by dusty »

CreekWood wrote: Sun Feb 04, 2024 12:19 am I think the withholding tables are deliberately low, but the IRS online calculator goes to the other extreme.
Doubtful. I believe the tax tables are accurate for the year intended. Now it might seem that way when using them. :(
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Ed in Tampa
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Re: Income Taxes - 2023

Post by Ed in Tampa »

What I find interesting is for the last 10 or so years I have gotten barraged with TurboTax and HRBlock mail ads. Usually use this code for a $10 off tax product type of ad.
However this year nothing! Either their business is really good or really bad can't figure out which.
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twistsol
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Re: Income Taxes - 2023

Post by twistsol »

I took the morning off from work since I worked the weekend and did my corporate and personal taxes. Turbotax still doesn't have the forms ready to record my S-Corp income, but it looks like I'll be getting about $2k back from the fed and turning around and sending all but about $30 of that to the state of Minnesota. Compared to having to pay thousands to both like last year, I'm thrilled.
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