Midpack
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
To my surprise our Vanguard consolidated statement dropped yesterday (earlier than last year) and I already had a couple other tax docs, so I spent several hours doing my Fed and state returns yesterday. Looks like everything is in order, but I’ll have to wait for a couple forms to be finalized in TT and a couple more docs (that I already know the $ for) before I can actually file. I’m pretty sure my return is middle in terms of complexity with (partially non deductible) IRA distributions/Roth conversions, dividends, interest, government obligations, ST/LTCG from MF sales, foreign taxes paid w carryovers, etc. Ended up with very small refunds on Fed and state, as planned, and I’ll apply them to 2023 taxes. And no penalties.
Don’t know why, but I enjoy the challenge of tax planning during the year (using Excel), and then confirming what I’ve planned by completing the returns. I developed a spreadsheet to calculate quarterly estimated taxes once I had no withholding, didn't see a reasonable alternative. I get a lot closer knowing what our investments are doing throughout the year than TT's rear view mirror 1040-ES predictions for the next year. Maybe I’m the only one
I considered a poll, but didn’t want to risk being a total outlier…
Don’t know why, but I enjoy the challenge of tax planning during the year (using Excel), and then confirming what I’ve planned by completing the returns. I developed a spreadsheet to calculate quarterly estimated taxes once I had no withholding, didn't see a reasonable alternative. I get a lot closer knowing what our investments are doing throughout the year than TT's rear view mirror 1040-ES predictions for the next year. Maybe I’m the only one
I considered a poll, but didn’t want to risk being a total outlier…
Last edited: