How did your taxes go?

[HawkMachine]

Well, as of today I have my life back. Plenty of returns on extension but at least I can breathe now and not work until 2am.

How did your taxes go?

Amount due/refund from Fed?
Amount due/refund to State?
How much was your prep fee?


Boobs:

 

[Jerome Silberman]

Slow at first, then all at once.

 

[jawatkins]

Well, as of today I have my life back. Plenty of returns on extension but at lease I can breathe now and not work until 2am.

How did your taxes go?

Amount due/refund from Fed?
Amount due/refund to State?
How much was your prep fee?


Boobs:

I’m about to do her taxes.

 

[NDallasRuss]

Well, as of today I have my life back. Plenty of returns on extension but at least I can breathe now and not work until 2am.

How did your taxes go?

Amount due/refund from Fed?
Amount due/refund to State?
How much was your prep fee?


Boobs:

I'll show her my double entry.

 

[BelemNole]

Uh...poorly.
Wife closed her business last year and went to work for her largest client.
We lost some deductions and gained income.
Owed about $14k

 

[DogBoyRy]

Well, as of today I have my life back. Plenty of returns on extension but at least I can breathe now and not work until 2am.

How did your taxes go?

Amount due/refund from Fed?
Amount due/refund to State?
How much was your prep fee?


Boobs:

No state. Thank you FL republicans.
Sent feds a little over $12k monday. Total this year was 63 pages. Capital gains from stop loss triggers and slow joes economy basic driver.

 

[NDallasRuss]

Well, as of today I have my life back. Plenty of returns on extension but at least I can breathe now and not work until 2am.

How did your taxes go?

Amount due/refund from Fed?
Amount due/refund to State?
How much was your prep fee?


Boobs:

Debit Raw Materials
Credit Services

 

[Bonerfarts]

Owed Federal $1800, Refunded from the state $1400. I've had worse.

 

[HawkMachine]

Oh I forgot to mention how mine came out.

I put myself on extension. LOL

We are over capacity and had no time to do them.

 

[TJ8869]

I’d depreciate her assets.

 

[ping72]

Had to pay a few thousand.

 

[Whiskeydeltadeltatango]

It seems like every year we end up with the same result. Roughly 3k to the fed and roughly 600 back from the state. Wife added 25k to her salary, no change. We had a baby, no change. My tax guy is like $315.

 

[millah_22]

Housing credit pushed me back to a refund. Got about $200 back.

 

[cfbfan23]

Oh I forgot to mention how mine came out.

I put myself on extension. LOL

We are over capacity and had no time to do them.

Extension here, as well. I have no doubt we'll be paying something.

 

[NorthDSMHawk]

Owed $3500 fed, got back $50 from the state.

Not bad, planning on taking the lil' lady (no pic) out for some Applebee's once the weekly coupon flier gets dropped off. Might even bring the crotch goblins along.

 

[Doodads and Hoohah]

Got $1 back from Federal. Yes that's right $1.

$2000 back from state

 

[stout1]

Field an extension due to a state law change concerning pass thru entities. Law passed in Jan 2023 but was retroactive to Jan 2022 so that is mucking things up.

Wrote checks for about $22k to the government. Hoping to get some back once I file the final return.

 

[QChawks]

$4500 fed
$4000 state

chump change

 

[HawkMachine]

Field an extension due to a state law change concerning pass thru entities. Law passed in Jan 2023 but was retroactive to Jan 2022 so that is mucking things up.

Wrote checks for about $22k to the government. Hoping to get some back once I file the final return.

Are you in Iowa?

Iowa had a big change with pass through entities who have out of state shareholders/partners/etc.

 

[OrlandNole]

We sold some old investments last year, and my wife's withholding is on the low side. We owed $8K federal income tax. No state income tax in TN.

Our CPA's fee is $600.

 

[runkpanole]

Total liability after my return was about $21K to the Feds. $0 to the state.

 

[stout1]

Are you in Iowa?

Iowa had a big change with pass through entities who have out of state shareholders/partners/etc.

No, Indiana.

 

[SeaPA]

Only suckers pay taxes

 

[3boysmom]

Between state and federal had to send about $18k on Monday. So that was fun.

 

[hawkmart]

Owe $400 to Fed, getting back $600 from state, no complaints.

 

[funksouljon]

Between state and federal had to send about $18k on Monday. So that was fun.

Now I don't feel so bad.... Owed a small amount in total to the Feds minus the state refund.

 

[HawkMachine]

Hoping some of you are paying estimates. lol

 

[IowaPackFan]

I forgot to disclose sale of home, but the fed approved and already took their money so they can’t come back and bitch, right?

 

[HawCory]

Between federal and state, I paid $30,002. Prep fees are just under $400.

 

[yiana]

Owed Fed return from State. Basically netted $0

 

[General Tso]

Owed $3500 fed, got back $50 from the state.

Not bad, planning on taking the lil' lady (no pic) out for some Applebee's once the weekly coupon flier gets dropped off. Might even bring the crotch goblins along.

So you owed about tree and got back about fitty?

 

[desihawk]

Hoping some of you are paying estimates. lol

clearly many hroters experienced windfalls (stock market?) otherwise how do W2ers end up being so much off the mark

 

[millah_22]

Owed Fed return from State. Basically netted $0

One year hit a $17.00 return. Very pogger moment.

 

[Hawk_4shur]

Are you in Iowa?

Iowa had a big change with pass through entities who have out of state shareholders/partners/etc.

What was it? I own a little piece of an LLC that has out-of-state partners.

The biggest change I saw was the Form K-3 I got from the LLC. I'm a retired CPA and I couldn't figure out what the heck it was for. Finally figured out it was for foreign income but it didn't seem to accomplish anything.

 

[OrlandNole]

We sold some old investments last year, and my wife's withholding is on the low side. We owed $8K federal income tax. No state income tax in TN.

Our CPA's fee is $600.

Edited to add our total tax bill was $45K. Oof.

 

[Formerly Rockymtnole]

Hoping some of you are paying estimates. lol

How many do you suppose actually do that, and on time?

It’s such a pain in the ass.

 

[Formerly Rockymtnole]

Boobs:

She’ll give you an extension…

 

[DogBoyRy]

How many do you suppose actually do that, and on time?

It’s such a pain in the ass.

Every stinking qtr.
Some years i think i should just pay the penalty.
The calculation is very easy for the following year.

 

[coasterhawk75]

As usual I had to pay about $1500 to Feds.
Only a few bucks to the state.
I still do my own as we have nothing too complicated.

 

[tarheelbybirth]

Owed about $730 federal until I put in my no-pic wife's $23K disbursement for retiring. We rolled it over into our 401K and went from owing $730 to getting a $2500 refund. It's been a while but I think we got about $1500 back from state.