So gidgets is having a tax crisis and I suggest to her becoming a taxpatriot as a means to fulfill her dreams of just working and spending money. She brings up a good question, why don’t companies offer tax preparation service as a benefit? That’d be nice ^_^ - So yeah she asked me to write a ditty about taxes, and I will.. today.. maybe.. =)
gidgets says:
rawr
gidgets says:
i hate taxes
1mil says:
LoL
gidgets says:
i’ve never done them
gidgets says:
i’m so confused
gidgets says:
you should have a tax season thing on your blog or something
gidgets says:
i can’t even freaking find the due date
1mil says:
haha
1mil says:
I will do that just for you
1mil says:
^_^
gidgets says:
i found the due date for 2005
gidgets says:
and 2006
1mil says:
haha
1mil says:
its usually apr 15
gidgets says:
ok
1mil says:
unless apr 15 falls on a Sunday
1mil says:
then its the following monday
gidgets says:
i saw march 15th and i wigged out
gidgets says:
then realized it was 2005 or something
1mil says:
its only due apr 15
1mil says:
if you owe money
gidgets says:
how would I owe money??
1mil says:
but I would target the week before the 15th
1mil says:
like if you underpaid your taxes
1mil says:
then you would owe money
gidgets says:
don’t taxes already get taken out?
1mil says:
yes but sometimes theyre inaccurate
1mil says:
or if you change jobs
gidgets says:
oh suck.
1mil says:
or take too many deductions
gidgets says:
i think i’m going to hire an accountant
gidgets says:
yes
1mil says:
you probably dont need one
gidgets says:
haha
1mil says:
if you dont have any investments
1mil says:
or assets
1mil says:
you dont really need an accountant
1mil says:
the tax software should be fine for you
gidgets says:
really??
1mil says:
yep
1mil says:
its not that complicated
gidgets says:
i don’t understand half the words
1mil says:
they just ask you questions
1mil says:
and guide you
1mil says:
and you can get help at each step
gidgets says:
i think i was get an accountant for the first time
gidgets says:
learn
gidgets says:
and then do it myself later
1mil says:
you just need to report your earnings and it does all the rest for you
1mil says:
try tax software first
1mil says:
if it doesnt work
1mil says:
then go to an accountant
1mil says:
accountants are expensive
1mil says:
you probably dont need one
gidgets says:
ok
gidgets says:
do you use tax software?
1mil says:
hiring an accountant is usually only for people with special circumstances
1mil says:
like a business
1mil says:
or investments
1mil says:
yeah I use
1mil says:
turbotax
gidgets says:
hmmm
1mil says:
http://turbotax.intuit.com/
gidgets says:
so many versions, which version do you recommend?
1mil says:
i used it last year
1mil says:
Free edition
1mil says:
go to that link
gidgets says:
okey
1mil says:
“have a simple return? Free efile’
1mil says:
use the Free eFile edition
1mil says:
The average TurboTax Federal refund last year was $2,265*
gidgets says:
oo neato
1mil says:
yeah
1mil says:
you know the first time i did my taxes
1mil says:
my aunt actually did them for me
1mil says:
and I ended with a 3000$ return
gidgets says:
whoah.
1mil says:
and i used that money to go to puerto rico
gidgets says:
how’d she do that?
1mil says:
then 2 years later I found out that she did my taxes wrong
1mil says:
and I only had 2000$ return
1mil says:
so i had to pay them back
gidgets says:
oh suck
1mil says:
but for you
1mil says:
as long as you have all your W-2s
1mil says:
and any other credits
1mil says:
like student loan interesrt paid
1mil says:
interest*
1mil says:
and grants/scholarships from last year
1mil says:
just to include those
1mil says:
the software will walk you through each step
1mil says:
and you click on help for clarification
1mil says:
so its very easy to use
gidgets says:
ohhh
gidgets says:
coolio
gidgets says:
ok, less scared now
gidgets says:
i’ll try it out
1mil says:
yay
1mil says:
yeah
gidgets says:
but i’m still paranoid…we’ll see if i hire an accountant
1mil says:
while youre doing that
1mil says:
now would be a good time to get your free annual credit report
gidgets says:
oh, but i just got mine a few months ago
1mil says:
just to kind of get all that out of the way at once
1mil says:
oh did you do the free one?
1mil says:
you get it once every year for free
gidgets says:
ya
1mil says:
its a federal law
1mil says:
ok
1mil says:
well wait til next year then
1mil says:
or later this year
1mil says:
I remember you asked me about it before
1mil says:
is that when you did it?
gidgets says:
ya i used the one you gave me
1mil says:
cool
1mil says:
ok
1mil says:
so you’re all good
1mil says:
dont hire an accountant
1mil says:
lol
1mil says:
until you try the turbotax
1mil says:
if you decide its too confusing
1mil says:
you can ask me for help
1mil says:
then only after using all your resources
1mil says:
you still feel uncomfortable
1mil says:
i would recommend getting a tax preparer
1mil says:
=)
gidgets says:
ok
1mil says:
gravy?
gidgets says:
i just suck at finances and money so much
1mil says:
hehe
1mil says:
well cause you dont care about money
1mil says:
or maybe thats why you dont care about money?
1mil says:
hmm…
gidgets says:
ya that’s basically it
gidgets says:
nope
gidgets says:
it’s cause i don’t care
1mil says:
haha
gidgets says:
why can’t we just earn spend and that’s it?
1mil says:
lol
gidgets says:
all i want to do is enjoy work
1mil says:
oh you might consider becoming a taxpatriot
1mil says:
=)
1mil says:
denouncing your US citizenship so you dont have to pay taxes
gidgets says:
i wish companies included in benefits: “24/7 tax preparer included!”
1mil says:
and get exiled to another country
1mil says:
and live happy
gidgets says:
oh shucks!
1mil says:
lol
gidgets says:
i didn’t used to have US citizenship
1mil says:
yeah that would be a nice benefit lol
gidgets says:
only a green card
1mil says:
but it only would happen once a year
1mil says:
oh
1mil says:
you know if you denounce your US cit
1mil says:
you can never come back
1mil says:
ever
gidgets says:
what really???
gidgets says:
but what if you want to move for a little while??
gidgets says:
like, 5 years?
gidgets says:
can’t you become a citizen of another country or something?
gidgets says:
and then maybe the govt will force you to renounce your citizenship due to double citizenship?
1mil says:
you can have dual cit
1mil says:
you just cant denounce your US cit
1mil says:
denouncing it is a different process
1mil says:
you can move to another country and apply for a visa or dual cit
1mil says:
but you dont denounce your primary citizenship
1mil says:
I think what would be better to do is have all your money being made in foreign countries
1mil says:
and keep them in foreign accounts
1mil says:
and then claim no taxes here
1mil says:
hehe
gidgets says:
haha
gidgets says:
i’m a us citizen.
gidgets says:
and i hate taxes.
gidgets says:
but i will do them, grrrrr.
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March 22nd, 2007 at 8:58 am
I agree, taxes are about as fun as a trip to prison