Taxes Done – Thanks to Turbo Tax
Well, I finally got my act together and finished my taxes. It was a little less painful than last year.. I was a tad more organized. Still pretty messy…. but an improvement in any case. The net result? I had to pay a cool $384. On the flip side, I did have $5500 set aside to pay additional business taxes… so I basically have a net $5100 refund. That’s a far cry from last year’s $9k plus… but I suppose it’ll do. Certainly it will go a long way toward making up for January’s net worth drop.
For those wondering, I chose to go with Turbo Tax again. I used the Small Business edition, which cost $75. There is a free version if your return is relatively uncomplicated. As for me, I had a big ugly Schedule C, some stock gains and losses, all kinds of various incomes and deductions… so I went with the big dog. $75 is surely less than the $500-$1k a professional would charge me – and I have my doubts that a pro could get a better result.
So, February is well on her way – are you done your taxes yet? You aren’t one of those procrastinators who waits until April 15th, are you?


March 2nd, 2009 at 4:32 pm
[...] increase to $47627, a 9% jump from January. However, I’m disappointed. Remember, my tax refund was, in effect, $5500. But my net worth only increase by $3780. My math says, based on [...]