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Post by freecharlie on Feb 27, 2021 15:30:29 GMT
I was thinking about starting ours today, just haven't gotten around to it.
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Post by littlemama on Feb 27, 2021 15:32:30 GMT
Yep! Did them as soon as I had the docs. Irs started accepting returns Feb 12 and I got my refund on the 24th!
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Post by redshoes on Feb 27, 2021 15:33:31 GMT
Yes, ugh. We owe $8k so I’m putting that off until the last minute.
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Dalai Mama
Drama Llama
La Pea Boheme
Posts: 6,985
Jun 26, 2014 0:31:31 GMT
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Post by Dalai Mama on Feb 27, 2021 15:34:13 GMT
I haven't received all of my documents but I've already done a draft. I'll e-file them the second I've confirmed all of the numbers.
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Deleted
Posts: 0
May 16, 2024 6:17:40 GMT
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Post by Deleted on Feb 27, 2021 15:34:56 GMT
Yup. Did it 2 weeks ago. Got federal in 8 days and state in 10.
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Post by ntsf on Feb 27, 2021 15:38:26 GMT
we owe a huge amount so the taxes are mostly done, but I don't think we will file them til april. we took large sums out of retirement funds to fund construction.
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Post by JustCallMeMommy on Feb 27, 2021 15:39:45 GMT
I did a first pass, and it isn’t pretty - worst year in a while by far.
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Post by MichyM on Feb 27, 2021 15:39:57 GMT
Just received final docs needed on Thursday. It doesn’t take long to do mine so I may just sit down and get it down tomorrow.
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mimima
Drama Llama
Stay Gold, Ponyboy
Posts: 5,019 
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Post by mimima on Feb 27, 2021 15:41:16 GMT
I'm waiting for one last document and then will sit down and prepare my numbers to turn over to the accountant.
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cakediva
Drama Llama
Making the world a sweeter place one cake at a time!
Posts: 7,441
Location: Fergus, Ontario
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Post by cakediva on Feb 27, 2021 15:42:05 GMT
Nope - I'm afraid to send ours to the accountant lol. First - in Canada we can contribute to our RRSP (registered retirement plan) until end of February to count towards the prior year's taxes. DH has auto-withdrawal on his paycheque, so we always wait until we get that statement. Second - I was eligible for, and took, all 4 months of the benefit. But it wasn't taxed. I've heard stories of those who did theirs and have to pay $1200 on the $6000 they took. But I was prepared for that and started adding money to my pre-paid tax account. Third - I'm a small business so I have until end of June to do so.  But usually we get that final receipt by mid-March, so I'll start hounding all the kids for all their receipts so I can send it all to our accountant at once! |
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iowgirl
Pearl Clutcher
Posts: 4,133
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Post by iowgirl on Feb 27, 2021 15:42:48 GMT
Ours are due on Monday.
Did the final meeting with our CPA on Thursday and will drop in on Monday to sign the papers and write a check to the state for about 30K ... ouch. Came out ok on the Federal side.
Taxes start hard for me at the end of December. That is when we have to get things figured out to know if we need to spend big $ in December or January. That makes Christmas fun. Not.
Still missing one K1. I had to call and have them email it to me.
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Post by mom on Feb 27, 2021 15:44:11 GMT
Texas residents have until June 15 because of the snow storm. I will wait and file closer to that date.
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Post by librarylady on Feb 27, 2021 15:45:49 GMT
No.
I am still trying to decide if I use an accountant or purchase the Turbo Tax program.
Texans got a 2 month extension because of the ice storm and those who had financial records destroyed with
water.
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Post by freecharlie on Feb 27, 2021 15:46:02 GMT
Ours are due on Monday. Did the final meeting with our CPA on Thursday and will drop in on Monday to sign the papers and write a check to the state for about 30K ... ouch. Came out ok on the Federal side. Taxes start hard for me at the end of December. That is when we have to get things figured out to know if we need to spend big $ in December or January. That makes Christmas fun. Not. Still missing one K1. I had to call and have them email it to me. ummm...I guess I won't complain when we owe $3000 |
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Post by freecharlie on Feb 27, 2021 15:46:43 GMT
No. I am still trying to decide if I use an accountant or purchase the Turbo Tax program. Texans got a 2 month extension because of the ice storm and those who had financial records destroyed with water. I used turbo tax last year, but only for federal. State is easy enough. Ds can use the free version of turbo tax |
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iowgirl
Pearl Clutcher
Posts: 4,133
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Post by iowgirl on Feb 27, 2021 15:48:36 GMT
ummm...I guess I won't complain when we owe $3000 And we even managed to end up with a net loss on our farm income for 2020. |
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Post by Really Red on Feb 27, 2021 15:51:19 GMT
It's on my to-do list for a first pass this weekend. I lost two of my dependents this year so I am expecting a hit.  |
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seaexplore
Prolific Pea
Posts: 8,423
Apr 25, 2015 23:57:30 GMT
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Post by seaexplore on Feb 27, 2021 16:09:42 GMT
yup and got our refund already!
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Post by **GypsyGirl** on Feb 27, 2021 16:14:13 GMT
In the process of working on them now. We usually owe so won't file until later. It just helps to know the damage earlier rather than later.
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Post by snoopy on Feb 27, 2021 16:14:36 GMT
Yes, and we got our refund 2 days ago
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TXMary
Pearl Clutcher
And so many nights I just dream of the ocean. God, I wish I was sailin' again.
Posts: 2,810
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Post by TXMary on Feb 27, 2021 16:24:36 GMT
DH dropped everything off with the accountant this week.
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Deleted
Posts: 0
May 16, 2024 6:17:40 GMT
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Post by Deleted on Feb 27, 2021 16:25:48 GMT
Not yet. I just finished the FAFSA and will start the returns next.
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Post by redshoes on Feb 27, 2021 16:27:46 GMT
Texas residents have until June 15 because of the snow storm. I will wait and file closer to that date. Oh excellent, I didn’t know this. I’ll wait until June!! |
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Post by redshoes on Feb 27, 2021 16:30:27 GMT
No. I am still trying to decide if I use an accountant or purchase the Turbo Tax program. Texans got a 2 month extension because of the ice storm and those who had financial records destroyed with water. I’ve used TurboTax online for 10+ years. Love it...if you pay a little early, you get $20-ish off the fees, so for me it was $70 instead of $90-95, I think for Premier version. I don’t use the two higher level versions. You can pay for TT without filing yet to get the discount so I always do that. |
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Post by christine58 on Feb 27, 2021 16:33:27 GMT
I was thinking about starting ours today, just haven't gotten around to it. Yes...I had them done yesterday at the "Senior" center. AARP does them (no minimum age LOL)...they E-file them ETA: It was free |
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Deleted
Posts: 0
May 16, 2024 6:17:40 GMT
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Post by Deleted on Feb 27, 2021 16:35:51 GMT
Yep! We usually download and print out all of our paperwork at the start of February, put them all in turbo tax, and check it twice the first weekend of February. On the 12th, we got notified our returns were accepted and had federal return on the 22nd. I haven't checked on state yet but the one of the teens got his state return already. The other said he got his federal but didn't mention state.
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Post by katlady on Feb 27, 2021 16:36:18 GMT
We dropped off our papers to the accountant last week. We probably will get a state refund but owe a little to the Feds.
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Post by Basket1lady on Feb 27, 2021 16:39:25 GMT
Done and we have the refund money. We got back about $3,000 less than last year. Not much has changed, so I’m bummed. But I put it all in the house fund. Someday we will buy a house!
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Post by femalebusiness on Feb 27, 2021 16:43:28 GMT
No and the stack of documents are sitting there, in sight, nagging at me. I will do them in the next couple of days.
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Post by ihaveonly1l on Feb 27, 2021 16:55:35 GMT
We started them a couple weekends ago. Let them sit. Looked through them again and filed. I'm always excited when we adjust things throughout the year and get super close with either a small refund or small bill. This year we were within $100. I consider that a win.
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