Taxing my patience


taxing patienceI’ve finally come to those paradoxical and confounding years where the only thing left to me is to pay taxes. Gone forever is that exciting surprise and eager waiting for the check (or direct deposit) of a refund from the IRS.

It’s a mixed blessing/curse. It means my income comes solely from my investments and my writing royalties. Neither of the two revenue sources has tax deducted, so I have no tax to get refunded.

For the longest time, with my taxes being so simple, I would jump to get my taxes done early. This became an easier task with the creation of tax software.

Additionally, with the burgeoning strength of Amazon, I can now get the “bundle” of Intuit products (Quicken & Turbo Tax) for a ridiculously low price (if you order now!) and have free shipping.

However, now that I no longer can get a refund, there’s no monetary reason to work on my taxes so early. Except for that siren call from the Turbo Tax box trying to get me to start. Come to think of it, it’s probably more like Pennywise the Clown from IT, whispering, “Don’t you want it?”

The funny thing is, I can’t complete my taxes yet even if I loaded up the software. Most of the paperwork from my outside investments (those not held in my broker account) hasn’t even been mailed yet. And most 1099’s still have to be printed.

But…because I use Quicken to keep track of all my income and expenses (remember, ex-financial analysis guy and forever numbers-geek, here), I could approximate my taxes and find out what this year’s punishment will be.

After that, there’s certainly no problem with my patience in paying my taxes.

Leave a Reply

  • (will not be published)