March 12th, 2008

fox stand

Taxes and Sausages

Flushing Meadows Corona Park - Unisphere

Just received the last item I needed for my tax return today. It's a Schedule K-1 that is always late because one of the stocks I own is a MLP and it doesn't release its year-end results until early March. So I went through and completed the rest of the sections in Taxcut for both Federal and State. I still can't file yet though for two reasons:

1. I have to withdraw an excess Roth IRA contribution and the earnings from that have to be added to the tax return as well. Went through the same thing last year, so I have experience. :)

2. There may still be more 1099 corrections coming in.

But the best reason not to file just yet is my tax refund is four figures negative so I might as well earn a few weeks' worth of interest on that first.

Airborne Class Action Lawsuit Settlement...Collapse )