Henry Rifle Forums

figuring our state and federal taxes is about as easy as they can get ... we have 4 1099 forums, 2 from state retirement and 2 from social security ..... we also take the standard deduction ... even at that I still use H&R Block software .... ours worked out to pretty much the same refund as last year .... we e-filed both the Federal and State .... we were happily surprised to see that the Federal forms were accepted about 15 minutes

Mine are done and I didn't owe, or get a refund. Works for me!

Haven't done mine yet. I don't usually get my final tax forms until the end of March. I don't know why it takes them so darn long.
Jake

for those who have filed and have a refund coming, please post about how long it took to get your refund

just got notice our state forms have been accepted .... I don't recall ever having both the federal and state forms accepted so quickly .... last year the state took way over a week

I will be doing mine soon with aid of Turbo Tax. Been using it for years.

I use FreeTaxUSA. Pretty simple return, 2 1099's from my pension and my SS 1099, no state income tax.

My return was accepted by the IRS on Jan. 23 and deposited to my bank on Jan. 31 so 8 days. I think that's about the fastest ever.

good to hear .... info really appreciated

I meet with my tax man next month. My taxes are complex enough that I can’t do them. Actually I can but what I found is paying someone gets me less tax to pay.

My income for 2021 was way high from the sale of my house in Washington. Matter of fact my tax burden was twice my best earning year. This year I had stock sales. I consider myself middle class income but the feds say I’m upper class. My friends say I have no class.

I’ve been here one week short of a year. Watch for my cost of living comparison post.

Sir Henry wrote: ↑

Tue Feb 07, 2023 8:58 am

I consider myself middle class income but the feds say I’m upper class. My friends say I have no class.

You need new friends. I consider you first class.

Ever since I married a Lawyer, all I do is sign the forms. She does all the taxes. I love it.

cooperhawk wrote: ↑

Tue Feb 07, 2023 9:41 am

Sir Henry wrote: ↑

Tue Feb 07, 2023 8:58 am

I consider myself middle class income but the feds say I’m upper class. My friends say I have no class.

You need new friends. I consider you first class.

Ever since I married a Lawyer, all I do is sign the forms. She does all the taxes. I love it.

I hear Ya Coop, Same here. Not a lawyer, but she's an accountant.

JEBar wrote: ↑

Mon Feb 06, 2023 6:46 pm

for those who have filed and have a refund coming, please post about how long it took to get your refund

Used H&R Block software to prepare my taxes again this year. Submitted online and accepted within five minutes on 02/04; approved today; pending payment is in my bank account this morning for deposit on 02/13. Amazing.

amazing indeed

I don't know but with today's technology and being that these tax forms are sent online in a pdf or similar format that a lot of the tax returns are never touched by a human unless there's a problem and the IRS computer kicks them out to be reviewed.

JEBar wrote: ↑

Mon Feb 06, 2023 6:46 pm

for those who have filed and have a refund coming, please post about how long it took to get your refund

I did our taxes last Saturday (1 week ago). They were accepted by both state and Federal; HOWEVER, the news is reporting that now the Federal Government is looking to tax the state's rebate they did last year. Both state and Federal refunds are being held up and we may have to refile to take into account that rebate.

2ffat wrote: ↑

Sat Feb 11, 2023 5:26 pm

HOWEVER, the news is reporting that now the Federal Government is looking to tax the state's rebate they did last year. Both state and Federal refunds are being held up and we may have to refile to take into account that rebate.

no surprise in hearing they want to tax every possible source ..... that said, I would find it a bit odd for them to stop the whole process and start over ..... I'm unsure what the state's tax rebate was .... our state taxes zero out to where we get nothing back

No longer an issue of concern...

https://www.washingtonpost.com/business/2023/02/10/irs-taxes-state-inflation/ wrote:
The Internal Revenue Service will not collect federal taxes against state-issued inflation relief payments or tax refunds, the agency said Friday, a reprieve for tens of millions of taxpayers who received the subsidies.

JEBar wrote: ↑

Sat Feb 11, 2023 7:49 pm

2ffat wrote: ↑

Sat Feb 11, 2023 5:26 pm

HOWEVER, the news is reporting that now the Federal Government is looking to tax the state's rebate they did last year. Both state and Federal refunds are being held up and we may have to refile to take into account that rebate.

no surprise in hearing they want to tax every possible source ..... that said, I would find it a bit odd for them to stop the whole process and start over ..... I'm unsure what the state's tax rebate was .... our state taxes zero out to where we get nothing back

good to hear .... thanks for the info

according to the IRS website ===> https://www.irs.gov/refunds our refund should be sent to our credit union by Feb 14th .... if that is correct, that will be 8 days after e-filing .... by past history, that ain't too bad at all

41F and an all day rain so just got the taxes done and sent. Now moving on to Spring!