winning at taxes

[sistawendy]

Says the IRS, my refund is approved and should be in my hot little hands next week. I have already bragged to my CPA sister, i.e. Good Sister.

The only significant complication this year was getting the last of Mom's Social Security money. What you do in that case is just act like a normal Social Security recipient and go through their little worksheet, which because of my other income said that 85% of what I got was taxable.

Oh: KEXP sent me a tax form for my donation to them several days after I filed, so I could have deducted that. I guess donation statements aren't subject to the same proptness requirements as 1099s & W2s. C'est la vie. Enjoy your ~$30 windfall, Uncle Sam.

What to do with the refund? It'll be slightly larger than the balance of my sewer hookup charge – a downside of new construction. I can save $1K by paying it off ASAP, but given the state of the world, maybe I should just save it.

Comments

[basefinder]

Congrats on early filing (and a refund).

I'm still waiting on my 1099 from TD Ameritrade... they promise it by Feb 29th.

[sistawendy]

I thought they were legally required to have those in the main no later than February 1st.

[basefinder]

You may be right, I don't know about the legal requirements. They were available earlier previously, but they were subsumed by Schwab last year, and that's the reason given for the delay.

I'm ready to go, aside from that one form.