home.social

#ustaxes — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #ustaxes, aggregated by home.social.

  1. CW: Malignant Bureaucracy

    I put off doing these for so long this year... We hates them, precious.🧌 #USTaxes #DeathAndTaxes #Gross

  2. CW: Malignant Bureaucracy

    I put off doing these for so long this year... We hates them, precious.🧌 #USTaxes #DeathAndTaxes #Gross

  3. CW: usa taxes: are they the worst on earth? they're tryin'!

    finally doing taxes, is it normal that i cannot log into freefilefillableforms.com right after creating an account?

    I just created two accounts with the same email and phone but different usernames/passwords, and I can't log into either ("wrong password" but wrong mfer i do not make that mistake, also the password is 20char long and the only symbol is _ which i don't mind saying in public because i did the math). Did I create "false positive" accounts that didn't actually get created, or is it normal to have to calm down and wait a business day or three before it becomes possible to do taxes?

    #USTaxes #FreeFileFillableForms

  4. One advantage of doing my own taxes for years: even without help from TaxAct, I was able to figure out, eventually, that the software was not being unreasonable. Just a bit opaque.

    RBC Wealth Management, who handle my IRA, screwed up the state portion of the 1099-R. Two fields.

    And when I contacted them to complain about the field being blank, they blew me off because "the IRS does not care about that field". Well, the IRS doesn't. but the state of Colorado does...

    #USTaxes #TaxAct #RBC

  5. One advantage of doing my own taxes for years: even without help from TaxAct, I was able to figure out, eventually, that the software was not being unreasonable. Just a bit opaque.

    RBC Wealth Management, who handle my IRA, screwed up the state portion of the 1099-R. Two fields.

    And when I contacted them to complain about the field being blank, they blew me off because "the IRS does not care about that field". Well, the IRS doesn't. but the state of Colorado does...

    #USTaxes #TaxAct #RBC

  6. Grr. I have used TaxAct software (backed by H&R Block) for years, in the downloaded form, not online. But their support for the downloaded version seems to be evaporating: they used to support both MAC and Windows... MAC support is gone, and while they will still sell you the downloadable Windows version, there is no longer a way to access their support system from the desktop version with questions or problems.

    #USTaxes #TaxAct #H&RBlock

  7. Grr. I have used TaxAct software (backed by H&R Block) for years, in the downloaded form, not online. But their support for the downloaded version seems to be evaporating: they used to support both MAC and Windows... MAC support is gone, and while they will still sell you the downloadable Windows version, there is no longer a way to access their support system from the desktop version with questions or problems.

    #USTaxes #TaxAct #H&RBlock

  8. Why yes, as a matter of fact my bicycle is a clean vehic... Oh wait you mean fucking CARS.

    #USTaxes

  9. Why yes, as a matter of fact my bicycle is a clean vehic... Oh wait you mean fucking CARS.

    #USTaxes

  10. CW: USA taxes

    I'm from the USA. I have to do my taxes, but I don't have an american credit/debit card. I also don't have a USA bank account. I have a wise card but no USA address to use it with. My NL zip code has letters in it. How do I do my taxes remotely from the Netherlands? Is there a website I can use? :boost_ok:

    #uspol #taxes #ustax #usataxes #ustaxes #tax

  11. CW: USA taxes

    I'm from the USA. I have to do my taxes, but I don't have an american credit/debit card. I also don't have a USA bank account. I have a wise card but no USA address to use it with. My NL zip code has letters in it. How do I do my taxes remotely from the Netherlands? Is there a website I can use? :boost_ok:

    #uspol #taxes #ustax #usataxes #ustaxes #tax

  12. IRS’ free prep and e-filing service will soon be available to Oregonians

    oregonlive.com/news/2024/06/ir

    > The system, an alternative to services like TurboTax, was tested in select states — but not — this year

  13. IRS’ free #tax prep and e-filing service will soon be available to Oregonians

    oregonlive.com/news/2024/06/ir

    > The system, an alternative to services like TurboTax, was tested in select states — but not #Oregon — this year

    #USTaxes

  14. More quotes:

    "This tax season, more than 140,000 taxpayers in 12 eligible states made use of Direct File — which allows users to submit simple tax returns directly to the government."

    "Senate Finance Committee chair Ron Wyden (D-Ore.) called the expansion 'tremendous news for taxpayers all over the country who are tired of getting ripped off by the big tax prep companies …' "

    #GiftLink = wapo.st/3KmYkNR

    2/2

    #USPol #USTaxes #IRS #Taxes #GiftArticle

  15. More quotes:

    "This tax season, more than 140,000 taxpayers in 12 eligible states made use of Direct File — which allows users to submit simple tax returns directly to the government."

    "Senate Finance Committee chair Ron Wyden (D-Ore.) called the expansion 'tremendous news for taxpayers all over the country who are tired of getting ripped off by the big tax prep companies …' "

    #GiftLink = wapo.st/3KmYkNR

    2/2

    #USPol #USTaxes #IRS #Taxes #GiftArticle

  16. From The Washington Post:

    "IRS Direct File is here to stay. All 50 states are invited.

    The Biden administration hopes to eventually make the free tax filing site an option for most Americans."

    #GiftLink = wapo.st/3KmYkNR

    "Republicans have criticized it as a costly and unnecessary government alternative to private-sector offerings… "

    But of course they did 🙄

    1/2

    #USPol #USTaxes #IRS #Taxes #DirectFile #GiftArticle

  17. From The Washington Post:

    "IRS Direct File is here to stay. All 50 states are invited.

    The Biden administration hopes to eventually make the free tax filing site an option for most Americans."

    #GiftLink = wapo.st/3KmYkNR

    "Republicans have criticized it as a costly and unnecessary government alternative to private-sector offerings… "

    But of course they did 🙄

    1/2

    #USPol #USTaxes #IRS #Taxes #DirectFile #GiftArticle

  18. Your tax return is secret by law. TurboTax wants you to give up your privacy.
    
Tax preparers can only use your return information to file your taxes, unless you agree otherwise
    #USTaxes #Turbotax #H&RBlockTax #TaxPrepSoftware

    washingtonpost.com/technology/

  19. Your tax return is secret by law. TurboTax wants you to give up your privacy.
    
Tax preparers can only use your return information to file your taxes, unless you agree otherwise
    #USTaxes #Turbotax #H&RBlockTax #TaxPrepSoftware

    washingtonpost.com/technology/

  20. I should do my (US) taxes at some point. If you have used a CPA instead of H&R Block / TurboTax, what has your experience / cost been like?

    H&R Block was $300 last year if memory serves me right and that was entirely online and asynchronous. There's nothing super complicated about my taxes so I'd rather not spend as much if I can avoid it.

    #taxes #ustaxes #cpa #hrblock #turbotax

  21. I should do my (US) taxes at some point. If you have used a CPA instead of H&R Block / TurboTax, what has your experience / cost been like?

    H&R Block was $300 last year if memory serves me right and that was entirely online and asynchronous. There's nothing super complicated about my taxes so I'd rather not spend as much if I can avoid it.

    #taxes #ustaxes #cpa #hrblock #turbotax

  22. I mean, UBI is cool and all, but it would be nice if we could even start with "Hey, a certain level of income shouldn't be taxed, whether or not it's for a business, because it's just barely enough to cover living which is a thing you need to do to run the business." It's like reverse UBI.

    #USTaxes #USPol

  23. I mean, UBI is cool and all, but it would be nice if we could even start with "Hey, a certain level of income shouldn't be taxed, whether or not it's for a business, because it's just barely enough to cover living which is a thing you need to do to run the business." It's like reverse UBI.

    #USTaxes #USPol

  24. Starting on my tax prep.

    Given my understanding of how expenses work for small businesses, and the reasoning behind why they're deductible, I don't understand why the expenses of living aren't the expenses of working or profiting, from a tax perspective.

    I need my computer to write. I need these books for my research. I need gas to travel to network and sell books. They're not "profit" & thus are deductible.

    I need food to write, too. I need a house to write in and shelter the books I sell. I need vitamins to think clearly. Etc. So why isn't all that tax deductible? It sure isn't "profit." That is money that vanishes all the same to keep me able to run my business. I'm still just breaking even in life, but US Gov doesn't seem to think so.

    I get that the idea of the "standard deductible" is supposed to cover all that, but honestly it doesn't, especially when it comes to self-employment. I owe self-emp taxes regardless of if I break even or how near I am to poverty. #USTaxes #USpol

  25. Starting on my tax prep.

    Given my understanding of how expenses work for small businesses, and the reasoning behind why they're deductible, I don't understand why the expenses of living aren't the expenses of working or profiting, from a tax perspective.

    I need my computer to write. I need these books for my research. I need gas to travel to network and sell books. They're not "profit" & thus are deductible.

    I need food to write, too. I need a house to write in and shelter the books I sell. I need vitamins to think clearly. Etc. So why isn't all that tax deductible? It sure isn't "profit." That is money that vanishes all the same to keep me able to run my business. I'm still just breaking even in life, but US Gov doesn't seem to think so.

    I get that the idea of the "standard deductible" is supposed to cover all that, but honestly it doesn't, especially when it comes to self-employment. I owe self-emp taxes regardless of if I break even or how near I am to poverty. #USTaxes #USpol

  26. #woohoo

    Sometimes it's worth it to sit down and force yourself to do something that's not that fun...

    ...I'm getting a decent chunk of money back, I sent the feds too much last year, between regular withholding and estimated tax payments. Yay!

    (it happens; I have regular income and SE income and alimony, so I find it tricky to get my withholding right and I tend to err on the side of w/h too much.)

    #USTaxes #taxes #adulting

  27. #woohoo

    Sometimes it's worth it to sit down and force yourself to do something that's not that fun...

    ...I'm getting a decent chunk of money back, I sent the feds too much last year, between regular withholding and estimated tax payments. Yay!

    (it happens; I have regular income and SE income and alimony, so I find it tricky to get my withholding right and I tend to err on the side of w/h too much.)

    #USTaxes #taxes #adulting

  28. I think I laugh at this every year.

    "usually"?

    Does that imply there are cases in which you CAN deduct these?

    #taxes #USTaxes

  29. I think I laugh at this every year.

    "usually"?

    Does that imply there are cases in which you CAN deduct these?

    #taxes #USTaxes

  30. Was going to update the spreadsheet where I had estimated my taxes for planning purposes, mid-last-year...

    But just realized my employer has posted my W-2 and all the IRS tax forms and instructions are out, so... I guess... I'm doing my taxes tomorrow. Or at least drafting them.

    #USTaxes #taxes #adulting

  31. Was going to update the spreadsheet where I had estimated my taxes for planning purposes, mid-last-year...

    But just realized my employer has posted my W-2 and all the IRS tax forms and instructions are out, so... I guess... I'm doing my taxes tomorrow. Or at least drafting them.

    #USTaxes #taxes #adulting