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It is so complex, when there is a rule change, people can't even agree whether it was the rich or the poor who got the most benefit. Tax structure should be tied to the government budget, so that if spending goes up, taxes go up for everyone accordingly to cover the increase. That will help...

All that is needed to make online payments to IRS on your behalf is your name, SSN, and address used to file in a previous year. Although I have had not had this happen, I like to protect my information, just in case. :) I also try to avoid being owed a refund. Even my checking account earns...

I spent some effort thinking about taxes because it allowed me to retire years earlier than if I had ignored taxes. Saved me years of fretting at the office.

What is the best way to divide to avoid resentment? If equal amounts to each daughter, the elder may consider it unfair since she had to wait 6 more years than her sister.

This is almost the same game played in deciding to contribute to a 401(k) or IRA in the first place (not counting the company match): based on future tax laws and your future income, will your personal tax rates be higher now or later? In retirement it is primarily the challenge of guessing the...

Yes, $8k for a family plan. No federal taxes are due on that, but some states do tax it.

I don't know how my employer will react to seeing that my entire paycheck goes to paying taxes. First estimated tax payment isn't due until April 15, which should give plenty of time to get a handle on how much is being withheld from paycheck before making the first estimated tax payment.

I was referring to the act of preparing the dinner, not the quality of the food, nor implying my home cooking is better than a TV dinner. It seems to me that users of tax software feed information to the software, and the software prepares the tax return from that information. When I saw the...

Printed and filled in the blanks with a pen. Did the arithmetic with a calculator. Federal was 18 pages this year. Saying you prepared you own taxes when you used Turbo Tax is like saying you prepared your own Thanksgiving dinner after microwaving a TV dinner.