The_Black_Log Foler
Stock Pals Senior Vice President
- 43,961
- 41,015
Yeah, it fucking sucks... My effective tax rate was like 21% this year. Shit is so rustling after you are how much money that is and how much inflation is raping your expenses.
Death and... Taxes.
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Tmac
Adventurer
- 9,381
- 15,940
AFAIK one of the deals with places like TurboTax and H&R Block etc. is that they have to provide a free way to file. They just find all kinds of ways to charge you by helping you "prepare" your taxes.
[edit: TurboTax offers two ways for people to file for free: TurboTax Free Edition and TurboTax Live Assisted Basic, the latter of which comes with a tax expert to virtually help you. However, these "free" options aren't free for everyone, according to TurboTax — only 37% of taxpayers will qualify for the free edition.Feb 27, 2024]
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Finally was able to submit my filing after 18 hours of outage from H&R Block. Fuck these guys, definitely using someone else next year.
Kobayashi
Vyemm Raider
- 575
- 1,318
Big fan. I've used them for a couple of years now. There was a little trepidation the first time since I hadn't heard of them before, so, I wanted to make sure it wasn't a scam. I used to use turbotax, but they've continuously jacked up their prices and my taxes have gotten simpler (I haven't had any time to daytrade in my brokerage accounts). I paid in total 43ish bucks (15 for filing in state, 8 for deluxe in case I needed to file an amendment, and 20 bucks for audit defense since I had some HSA crap that I had to fix).
If I started trading in any volume again, I'd probably go back to turbotax since it had the ability to parse through all the brokerage tax forms automatically.
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Including withholding? That is odd.
I'd deposit the money but keep it protected and liquid for quite a while. The onus is on them to correct mistakes. Worst case you return it.
Borzak
Bronze Baron of the Realm
- 24,671
- 32,046
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,511
- 107,574
Checks should come with a letter of some sort. Many times they don't mail the check and the explanation letter together though. Expect the letter in a few weeks.
Koushirou
Log Wizard
- 4,897
- 12,457
Husband in 2022 got a check at our new address for taxes from 2017 for the amount of...$7. Never got a letter for whatever the fuck that was for. Of course, they somehow are still not able to mail him his Trump bucks from 2020 to the correct damn address. Yeah, I know, bullshit free money and all, but that $1200 would be really nice to have, you know...
Sludig
Golden Baronet of the Realm
- 9,014
- 9,333
Since I was already talking about estate stuff from my parents. I imagine it's state by state but I'm trying to figure out how much gets raped by the government when it's time to inherit. Likely going to have 401k money since he's basically waiting to the required disbursement point, Actual cash funds, then the properties which most I assume would be sold.
Just hate the feeling of looking at retire early money maybe and that by the time selling fees, taxes, and splitting with my brother happens it's going to be just a year of pay.
Probably need to clear up one property my aunt had like a25% stake in as well. I would hope that doesn't mean somehow she can scoop the whole thing vs just being paid out her proportion of value.
Just hate the feeling of looking at retire early money maybe and that by the time selling fees, taxes, and splitting with my brother happens it's going to be just a year of pay.
Probably need to clear up one property my aunt had like a25% stake in as well. I would hope that doesn't mean somehow she can scoop the whole thing vs just being paid out her proportion of value.
Sanrith Descartes
Veteran of a thousand threadban wars
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Anything from Covid period is absolutely fucked. They basically did nothing during that period. I have clients getting letters from that period recently. If things got mailed in it could still be sitting in a warehouse unopened. And yeah, expect the average turnaround if they mail a check to wrong address or it gets returned to be a 6-month min.
The good part is it's still on his records. "Eventually" they will get the money to him. Hopefully before he dies of old age. Also, he is acruing interest on that $1700. Of course, they will also expect you to file that interest and pay taxes on it when you eventually get it.
TJT
Mr. Poopybutthole
- 40,996
- 102,958
Well looks like I am going to get completely raped by property taxes here in Williamson County.
I just had the gay ass country send me an appraisal and it was ~$12k higher than in 2023. Which is fine. But my property taxes now are 4x what they were last year. I've been in this house for 3 years now so not sure how this could happen.
I just had the gay ass country send me an appraisal and it was ~$12k higher than in 2023. Which is fine. But my property taxes now are 4x what they were last year. I've been in this house for 3 years now so not sure how this could happen.
Palum
what Suineg set it to
- 23,508
- 33,886
Dang like you actually have a tax bill and not just assessed value*old tax rate? Because generally the assessments are irrespective of budget. Everyone in our town went up like 20% last year when they did reassessment, but because budget only increased like 3% the tax rates got revised down per 1K/val.
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,511
- 107,574
Borzak
Bronze Baron of the Realm
- 24,671
- 32,046
Here they have an appraisal district and they keep on file a pic (used to be a polaroid, now it'd digital) of all improvements like a new fence, building, roof, square footage of buildings etc... and how much it appraised for). Not a surprise it's a highly political office and a number of them have gone to prison for cutting corners. But they do have a checklist they work from. So much per foot of fence, so much for square foot of a shop and such. Of course it's the "fudge" factor they do at the end that gets them in trouble.
One guy was selling the info to speculators of who was about to have their house or land taken for not paying taxes. Shortcuting the posting of it publicly.
One guy was selling the info to speculators of who was about to have their house or land taken for not paying taxes. Shortcuting the posting of it publicly.
- 41,212
- 175,925
Our property assessment went u $45K this year. Uh, screw that. I marched straight to the county office to protest it. Person at the desk asked me where I lived, rolled her eyes, and gave me four forms to sign. It was reduced to a $4K increase.