Happy New Year All!

2025 Federal Tax Return

Sit back and talk with friends. Same rules as before. Rule #1-Relax with friends on the front or back porch.
Rule #2-No Politics, religion or anything above a G level.
JVogler
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Re: 2025 Federal Tax Return

Post by JVogler » Wed Feb 04, 2026 10:17 pm

dave77 wrote:
Wed Feb 04, 2026 2:21 am
JVogler wrote:
Tue Feb 03, 2026 10:16 pm
Had to pay $600 for tax year 2024. We are hoping we Will have no tax liability with the new lower tax rates.
My return was pretty much the same as 2024, a little higher with the COL increases for SS and state pension. Got $1200 back last year, $1600 back this year so not a huge difference.
I'm going to take your post as a positive sign. Hope to be ready for our accountant by the middle of next week.

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Sir Henry
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Re: 2025 Federal Tax Return

Post by Sir Henry » Thu Feb 05, 2026 7:28 am

Last year I had to pay the feds about $800 but I got back $300 from the state.
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daytime dave
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Re: 2025 Federal Tax Return

Post by daytime dave » Thu Feb 05, 2026 8:19 am

I still have to make an appointment with my tax fellow.
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JEBar
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Re: 2025 Federal Tax Return

Post by JEBar » Thu Feb 05, 2026 8:31 am

Hatchdog wrote:
Wed Feb 04, 2026 10:52 am
Just received my last 1099 so I’ll be filing today.
wish I could say that .... yesterday I called the NC Dept of Revenue .... asked to speak with some one who could tell me when to expect our 1099's .... after being transferred twice, the lady put me on hold for several minutes .... when she came back to the phone she said she couldn't find any info on it and asked me to call back if the 1099's haven't come in two or three weeks :?

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cooperhawk
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Re: 2025 Federal Tax Return

Post by cooperhawk » Thu Feb 05, 2026 9:05 am

We have ours and Carol is starting to prepare our returns.
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Hatchdog
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Re: 2025 Federal Tax Return

Post by Hatchdog » Thu Feb 05, 2026 11:20 am

Filed my simple taxes yesterday. Learned a few things, a large portion of our SSI was taxed as usual. We did get the $12,000 deduction for the “no tax on SSI” as expected. While I appreciate the 12k deduction we did pay tax on some of our SSI. As win but not a 100% win. Our refund was a bit over $300 more than last year.

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JEBar
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Re: 2025 Federal Tax Return

Post by JEBar » Tue Feb 24, 2026 4:43 pm

just e-filed our 2025 Federal and State Taxes ..... state same as always .... federal refund up $1200

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JEBar
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Re: 2025 Federal Tax Return

Post by JEBar » Tue Feb 24, 2026 4:46 pm

received email less than 1 minute later that the Fed form has been accepted !!!!

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Ernie
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Re: 2025 Federal Tax Return

Post by Ernie » Tue Feb 24, 2026 6:53 pm

JEBar wrote:
Tue Feb 24, 2026 4:46 pm
received email less than 1 minute later that the Fed form has been accepted !!!!
That is a positive step. My refund took 10 days to be approved.

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JEBar
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Re: 2025 Federal Tax Return

Post by JEBar » Wed Feb 25, 2026 9:11 am

Ernie wrote:
Tue Feb 24, 2026 6:53 pm
JEBar wrote:
Tue Feb 24, 2026 4:46 pm
received email less than 1 minute later that the Fed form has been accepted !!!!
That is a positive step. My refund took 10 days to be approved.
that caught me by surprise .... our state return was accepted a couple of hours later

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