Income Tax Time
 

A nice, cloudy day. Too cool for a motorcycle ride or a round of golf. Grass does not need cutting
and leaves do not need raking.

Reckon I'll do my taxes. Time to crank up Turbo Tax.

Income Tax Time
 

On Sat, 17 Mar 2018 10:22:06 -0400, John H.
wrote:

A nice, cloudy day. Too cool for a motorcycle ride or a round of golf. Grass does not need cutting
and leaves do not need raking.

Reckon I'll do my taxes. Time to crank up Turbo Tax.

I did mine a couple weeks ago. Since I did not sell any stock this
year or do anything else to complicate things it was pretty simple.

Income Tax Time
 

On Sat, 17 Mar 2018 11:06:51 -0400, wrote:

On Sat, 17 Mar 2018 10:22:06 -0400, John H.
wrote:

A nice, cloudy day. Too cool for a motorcycle ride or a round of golf. Grass does not need cutting
and leaves do not need raking.

Reckon I'll do my taxes. Time to crank up Turbo Tax.

I did mine a couple weeks ago. Since I did not sell any stock this
year or do anything else to complicate things it was pretty simple.

I had to wait for a K-1 return which never comes until about the second week in March. Actually,
that's your fault. That damn oil company. I won't have to deal with it next year.

Income Tax Time
 

wrote:
On Sat, 17 Mar 2018 10:22:06 -0400, John H.
wrote:

A nice, cloudy day. Too cool for a motorcycle ride or a round of golf.
Grass does not need cutting
and leaves do not need raking.

Reckon I'll do my taxes. Time to crank up Turbo Tax.

I did mine a couple weeks ago. Since I did not sell any stock this
year or do anything else to complicate things it was pretty simple.


I have been procrastinating. But a granddaughter 8th birthday party today.

Income Tax Time
 

On Sat, 17 Mar 2018 18:53:10 -0000 (UTC), Bill wrote:

wrote:
On Sat, 17 Mar 2018 10:22:06 -0400, John H.
wrote:

A nice, cloudy day. Too cool for a motorcycle ride or a round of golf.
Grass does not need cutting
and leaves do not need raking.

Reckon I'll do my taxes. Time to crank up Turbo Tax.

I did mine a couple weeks ago. Since I did not sell any stock this
year or do anything else to complicate things it was pretty simple.


I have been procrastinating. But a granddaughter 8th birthday party today.

Any little excuse you can find is good enough. But as we get closer to my birthday, the pressure
grows.

Income Tax Time
 

On Sat, 17 Mar 2018 14:34:54 -0400, John H.
wrote:

On Sat, 17 Mar 2018 11:06:51 -0400, wrote:

On Sat, 17 Mar 2018 10:22:06 -0400, John H.
wrote:

A nice, cloudy day. Too cool for a motorcycle ride or a round of golf. Grass does not need cutting
and leaves do not need raking.

Reckon I'll do my taxes. Time to crank up Turbo Tax.

I did mine a couple weeks ago. Since I did not sell any stock this
year or do anything else to complicate things it was pretty simple.

I had to wait for a K-1 return which never comes until about the second week in March. Actually,
that's your fault. That damn oil company. I won't have to deal with it next year.

I have not screwed with that K-1 for years. I take the distributions
as ordinary income and the IRS seems to be happy. It may be costing me
some money but the hassle is not worth it. I doubt the extra tax I pay
would cover buying Turbotax. Besides Harry should appreciate me
supporting a good cause, "Uncle Sam", with the money.
I figure if they ever do get around to auditing me over the K-1, they
will owe me money.
Have you ever done a "what if" on Turbotax taking the distribution as
income? Just curious. I stopped buying Turbotax the first year it
screwed up on my K-1. I had a bunch of boxes it never had me entering
and the instructions on the K-1 said I should be doing it. That was
the first year I started just taking it as income.

Income Tax Time
 

On Sat, 17 Mar 2018 16:36:18 -0400, wrote:

On Sat, 17 Mar 2018 14:34:54 -0400, John H.
wrote:

On Sat, 17 Mar 2018 11:06:51 -0400, wrote:

On Sat, 17 Mar 2018 10:22:06 -0400, John H.
wrote:

A nice, cloudy day. Too cool for a motorcycle ride or a round of golf. Grass does not need cutting
and leaves do not need raking.

Reckon I'll do my taxes. Time to crank up Turbo Tax.

I did mine a couple weeks ago. Since I did not sell any stock this
year or do anything else to complicate things it was pretty simple.

I had to wait for a K-1 return which never comes until about the second week in March. Actually,
that's your fault. That damn oil company. I won't have to deal with it next year.

I have not screwed with that K-1 for years. I take the distributions
as ordinary income and the IRS seems to be happy. It may be costing me
some money but the hassle is not worth it. I doubt the extra tax I pay
would cover buying Turbotax. Besides Harry should appreciate me
supporting a good cause, "Uncle Sam", with the money.
I figure if they ever do get around to auditing me over the K-1, they
will owe me money.
Have you ever done a "what if" on Turbotax taking the distribution as
income? Just curious. I stopped buying Turbotax the first year it
screwed up on my K-1. I had a bunch of boxes it never had me entering
and the instructions on the K-1 said I should be doing it. That was
the first year I started just taking it as income.

I've never had a problem with it, other than it being a PITA. I just put the numbers in the boxes TT
tells me to.

Income Tax Time
 

On Sat, 17 Mar 2018 18:00:15 -0400, John H.
wrote:

On Sat, 17 Mar 2018 16:36:18 -0400, wrote:

I have not screwed with that K-1 for years. I take the distributions
as ordinary income and the IRS seems to be happy. It may be costing me
some money but the hassle is not worth it. I doubt the extra tax I pay
would cover buying Turbotax. Besides Harry should appreciate me
supporting a good cause, "Uncle Sam", with the money.
I figure if they ever do get around to auditing me over the K-1, they
will owe me money.
Have you ever done a "what if" on Turbotax taking the distribution as
income? Just curious. I stopped buying Turbotax the first year it
screwed up on my K-1. I had a bunch of boxes it never had me entering
and the instructions on the K-1 said I should be doing it. That was
the first year I started just taking it as income.

I've never had a problem with it, other than it being a PITA. I just put the numbers in the boxes TT
tells me to.

I did that for years and it worked great, then one year there were not
enough prompts to get all the information in. I suppose there might
have been an update but things were not on line like they are now.
Like you said, the K-1 comes so late, you have a time constraint
getting the forms in. I was not sure I had time for a mailed out
update.

Income Tax Time
 

On 3/17/2018 9:22 AM, John H. wrote:
A nice, cloudy day. Too cool for a motorcycle ride or a round of golf. Grass does not need cutting
and leaves do not need raking.

Reckon I'll do my taxes. Time to crank up Turbo Tax.


Just a note for some making their 2018 HSA contribution,
the limit was lowered $50. It's now $6,850.
I over contributed.
Mikek

Income Tax Time
 

My taxes are filed and I am awaiting my refund.