Out of curiosity, did you have to file a 8960 (net investment income tax)? It seems like that is causing significant problems with filings? Mine got rejected.
Out of curiosity, did you have to file a 8960 (net investment income tax)? It seems like that is causing significant problems with filings. Mine got rejected.
Filed my taxes today and the return was accepted by the IRS almost immediately. Hope the refund comes quickly.
I don't set out trying to get a refund, but when I'm itemizing deductions - especially medical deductions - not getting a refund just means I got lucky & didn't have any unanticipated expenses that year. I wasn't that lucky last year, so I got a refund this month. Maybe I'll have better luck this year, maybe not.Everyone gets so excited about refunds. All it means is you paid too much tax in the first place.
Not necessarily. Huge rebate for going solar last year.Everyone gets so excited about refunds. All it means is you paid too much tax in the first place. We have not had a refund for 25 years. I would rather pay at the end of the year rather than up front. Never had a penalty either as our underpayment was always relatively small. We owe $1,650 this year, mostly ACA underpayment, I will not file till April.
This is a known IRS e-file server problem. The IRS says the fix will happen sometime late-Feb to mid-March.
Everyone gets so excited about refunds. All it means is you paid too much tax in the first place.
Mine was accepted almost immediately also. But IIRC, accepting just means the forms were filled out ok... it has not been processed/verified yet. That usually takes another 1-2 weeks, then they process the refund... which takes another couple weeks.
Louisiana has accepted my tax return, too. So now the waiting begins.
I had a mind-boggling fantasy just now. It will never happen, no way, no how! But here it is. What if there were some sort of law, that after personally preparing one's own tax forms oneself for fifty years straight, with no help except software, and paying taxes each of those years, one could get some sort of lifetime tax amnesty? Fifty years of this and no more EVER for the rest of one's life.
Well, I told you it would never happen. But wow, such a nice fantasy. Many of us have done this each year for over 50 years (56, myself), and could sure use an "attaboy" from the feds for our half century of effort.
Out of curiosity, did you have to file a 8960 (net investment income tax)? It seems like that is causing significant problems with filings. Mine got rejected.
I had a mind-boggling fantasy just now. It will never happen, no way, no how! But here it is. What if there were some sort of law, that after personally preparing one's own tax forms oneself for fifty years straight, with no help except software, and paying taxes each of those years, one could get some sort of lifetime tax amnesty?
While we're fantasizing, here's one: The government already gets all the same forms I do. They already do all the calculations and will call me out on it if I make a mistake.
How about they just complete the form and send me a check or a bill?
It's totally possible, but it will never happen as long as there are tax-prep lobbyists throwing cash at all our elected officials.