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Old 02-16-2010, 05:07 PM   #8
firstdown
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Join Date: Oct 2004
Location: chesapeake, va
Age: 61
Posts: 15,817
Re: Does anyone else hate taxes?

Quote:
Originally Posted by saden1 View Post
I don't mind paying my taxes...even with all my deductions it doesn't take me more than 1 hour to e-file. Seriously, half of my form is auto filled from the previous year. Last year I forgot to report some stocks I sold, IRS send me a letter telling me their is discrepancy and to send them a new Schedule D...I did, and a month later they sent me $100 check back.

I don't understand all the hate, it really is easy.
Try owning a small corporation and doing two tax returns. Last year I finally received a refund from both the Fed. and the State an so this year the state sent me a 1099 so I have to report the refund as income. What the he!! is that about. I don't mind paying a fair tax rate but it tickets me off knowning that probably 50% of what I pay is getting waisted. Thats why I'm against raising taxes and when they can cut waist then maybe we can talk about tax rates. It cost me around $2700 a year to have my CPA do my tax returns and my payroll taxes. I've thought about trying turbo tax but there is just too much money on the table for me too screw it up.
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