I Like Doing My Taxes

I may be one of the 10 people in the world who actually likes to do his taxes. I enjoy looking at all of the numbers, entering the information, checking and re-checking. This year, my tax filing will be a bit more “complex” than in previous years. I have interest income, income from this site, charitable gift deductions, child-care credits… all kinds of things to enter and configure. Even though I adjusted my withholdings last year, I should still get a decent tax-rebate. (Please note, as much as I hate the idea of giving the government an interest-free loan, I hate the idea of fines and penalties even more. When it comes to my taxes, I ere on the side of over-payment as opposed to under-payment. This may not be the “soundest” financial position, but it helps me sleep a bit better. I do not want to be on the wrong side of any entity that has an Army.) I adjusted my withholdings to have a little more take-home, but I still send in enough to be on the “safe-side”. I usually hunt and peck until I find some way to pay my taxes for free. Whenever I find where I’m going to file, I’ll let you know. Various sites will run specials throughout the filing season.

Edit:  My Money Blog has a couple of cool posts about free federal and free state income tax filing.  Good job!

Tweet about this on Twitter0Share on Facebook0Share on StumbleUpon0Pin on Pinterest0

Add to Flipboard Magazine.

Recent Articles

6 thoughts on “I Like Doing My Taxes
  1. K.C. Jones

    So, I’m not alone.

    I actually like doing my taxes as well. In fact, I’d be lying if I said that I haven’t been getting antsy as I await my W2.

    Personally, due to my situation, I don’t mind giving the ‘tax-free loan’ to the government, since I am able to put the small year-end windfall towards my debt load. If I had that money throughout the year or owed money come tax-time, I don’t know if I would have the 365-day restraint needed to use it the right way.

     
  2. MrsBart

    I too love doing my taxes. I’m a small government kind of girl and try to get as much of my money back from the Feds and state (Taxachusetts) as I can. Of course, I’m not shooting for a big refund, just the unjustified 48% of my annual bonus that got stolen last December. I’ve got one 1099 and am printing the others today. Please let my W2 get here soon!

     
  3. Chuck

    I don’t know so much that its I like doing my taxes, but rather I don’t like the thought of paying some else a couple hundred bucks to do them. I didn’t mind doing them when I just had a W2 and a couple 1099s, but mine has become increasingly complicated the last few years (home office deduction, 1065 for side business, countless 1099s…) and I wonder this year if I’m getting in over my head.

     
  4. Bill Woessner

    Me, too. I like doing my taxes. To me, it’s like trying to beat the system. And last year, I definitely won. For 2006, I estimate our overall tax liability at just 5.8%. I also got our withholdings just right so that we’re looking at a $50 refund.

    On the flip side of that, I HATE our tax code. The fact that there’s an entire industry devoted to helping people with their taxes is a sign of complete and total legislative failure. I guess I shouldn’t complain too much, though, since the tax code serves me well.

     
  5. Amber

    I love doing my taxes although I have gotten lazy the past few years and pay for the privilage of doing them online. This year I tinkered with my withholdings and found out I guessed correctly. Instead of overpaying by $600 last year I only overpaid by $60! That rocks. I knew that if I was wrong, ie I underpaid, that my student loan interest would save me. For next year I’m now armed with a plan to pull the same stunt again. Yay! Now if all my information that I’m waiting on will just get here so I can file already!

     
  6. Ellen

    I totally agree. My taxes last year were INSANELY complicated (generated income in 19 different states), and I had a blast spending an afternoon working on them. This year, I stayed in one job and have one W2, and it’s such a relief! Still fun, though.

     

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

View My Stats