Plan B Forum

I love getting this item crossed off each year. A week later than usual but not too bad. And as much as I like to gloat about getting it done I have to admit that the biggest share of credit goes to a very organized spouse.



yrs,
rubato

I'm in a great mood today. Not even work has been able work has been able to ruin it (so far). It's amazing what a unexpectedly very large tax refund can do for your attitude.

Tax time?

It won't be tax time for another 32 days and change.

I haven't gotten a tax refund since 1972. Can't imagine why anyone would allow it to happen.

Crackpot wrote:I'm in a great mood today. Not even work has been able work has been able to ruin it (so far). It's amazing what a unexpectedly very large tax refund can do for your attitude.

CP, I'm glad you got a lift from that; a lot of folks do....

But I decided a few years ago that I wasn't going to float the government an interest free loan, so I never get a "refund"...

I just pay accordingly...

I try to keep it close to even (not always as easy as it sounds when you have multiple jobs and multiple incomes) but the payday this year came from the sale of our condo which we were able to take a total loss on.

We owe on one side and get something back on the other. Between the AMT and the episodic nature of events which contribute to the tax totals calling it exactly isn't possible. We do most charitable giving right at the end of the year. Also, we have to file by Dec. 31st for all deferred income for the following year and for bonuses earned in the following year but paid the year after that; we just got bonus income last week earned in 2013 and for that we declared what percent was deferred (untaxed savings) in 2012. Deferrals are a separate percentage of each (15% regular and 20% bonus often) in addition to 401k.

I do projections about six times a year just so there will be no major surprises.


Yrs,
Rubato