Counting My Pennies

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Victory is Mine!

February 16, 2009 By Megan Smith

Well, sort of.

My taxes are done!  Unfortunately, no breaking even for me.  No big refund either.  I owed a chunk of money to the feds, as I mentioned before.  W-4 problem has been fixed, however, so I’m crossing my fingers that next year is significantly better.

I did discover another perk to TurboTax, however.  After telling me that hey, I should check out my W-4, TurboTax also calculated estimated tax payments for my 2009 taxes, should I choose to not change my W-4 (or not be able to do so).  I was a little scared when I saw those payment receipts print out though.  At first, I was worried that I had to make estimated tax payments because I had screwed up this year and owed so much money.  TurboTax doesn’t bother to explain that little detail.

A little bit of research and I had it all figured out, though.  The internet knows everything.  No estimated tax payments for me.  Somehow, it’s less painful to never see that money, rather than have to hand it off to the government every few months.   I know, I’m weird.

Filed Under: taxes

Comments

  1. J. Money says

    February 16, 2009 at 12:23 pm

    haha, well at least you know what’s up 😉 i don’t mind giving the gov’t a free loan at all – much happier w/ that extra chunk every year than trying to break even and all…i could never figure it out anyways.

  2. laneerg says

    February 17, 2009 at 1:00 am

    Congrats on getting your taxes finished. TT should’ve given you a heads up before scaring you like that! 🙂

  3. Mrs. Micah says

    February 17, 2009 at 4:42 pm

    I’m nervous about my taxes. We’re about to work with a CPA to a) get the small business part of the taxes done and b) make sure that I don’t have to do estimates taxes this coming year. But I withhold a little higher, so I hope it’ll come down about right.

Trackbacks

  1. 2009 Year In Review (Part One) « Counting My Pennies says:
    January 5, 2010 at 4:57 pm

    […] talked about my cotton handkerchiefs, which are still in use.  I did my taxes.  Fun.  We had the first of what would be many late-night fire alarms and I thought about material […]

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