| Revival of the shit-list |
[Feb. 12th, 2008|04:28 pm] |
Don't let the title of this entry fool you. I simply wanted it to be a play on words. But I am going to do something that hasn't been done in years, and I only rediscovered it whilst reviewing old entries. That's right, I am bringing back the List! And this time, it's for money!
Woke up Grabbed lunch Drove to work Clocked in Retrieved a cup of coffee from the break room Drank a few sips from aforementioned cup while checking work emails Hammered and bent metal panels Polished and cleaned metal blocks Hammered some more Bent some more Went to lunch Unpacked crate containing EG 4090 prober Made room in shop for aforementioned EG 4090 prober Cleaned up Did stuff Drilled holes in a metal panel Clocked out Came home Checked Facebook Opened up LJ and typed this entry
Not very exciting, I know.
To any and all of you receiving an "economic stimulus" tax rebate check of some multiple of $300 in the next few months: Remember the following. The amount of the check you receive will most likely be added to the income tax you owe for 2008. This means that if you receive a check for $600 in June, you might end up paying it back in Spring 2009. It happened with the last so-called "tax rebate" in the earlier part of this decade, so don't be shocked if it happens again. There is very little information available out there as to how the federal government plans to pay for this $160 billion plan, so I have no reason to think that this little tab won't be called upon to be paid on April 15, 2009.
For those who intentionally have a lot more withheld from their check, this will mean your refund will be much less. If you only have a little bit extra withheld, you might end up having to pay the difference, in which case I would evaluate now how you will fare paying this back later. And if you have just enough withheld to pay your regular burden, you can expect to pay all of it back, and so you should probably just save the money in a bank account, so that way, you can earn SOMETHING on it before you have to just give it back. Sure, that runs contrary to what the function of this rebate is supposed to do, but this way you can just go about your life as if the rebate didn't exist, which, very well, it will probably be a zero-sum entity at the end. |
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| It's Official... |
[Feb. 4th, 2007|09:50 pm] |
| [ | Tags | | | cat, taxes | ] |
| [ | Current Location |
| | Canli | ] |
| [ | music |
| | Jack Johnson - Tomorrow Morning | ] |
I was pissed when it happened to me last year, so I refused to let it happen to me again this year. And it didn't! I don't have to pay on my taxes this year!
In fact, my refund for Federal income taxes will be a little bit over $1000! My refund for State income will be about $400.
I won't see that money for long, because I have some debt I need to pay off with it. I will get a little bit for myself though. So the news of this refund is a bit of a mixed blessing.
Unfortunately, someone close to me has to pay. A lot. And I am really bummed out for that for her sake.
To anyone who files their tax returns (e.g., everyone who works) but has complicated financial situations like capital gains and stuff, I recommend TaxACT. If you make under a certain amount, you can file for free. Even if you have to pay for their service, the premium filing (state filing included) costs about $16. All you do is fill out the fields. I also recommend Intuit's service, which I have used before, but it wouldn't let me file under anything other than their free service. Save for that, their service is pretty decent, too.
And now to other yearly tasks..finishing my comprehensive DVD backup of all the files on my computer. My music files alone will take up a little over 10 regular DVDs! |
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