Home > Taxes are done!

Taxes are done!

February 4th, 2023 at 05:32 pm

Needless to say, I'm thrilled to have finished my taxes, state and federal, today. I overpaid both by quite a bit, but the truth is, it can be very difficult to estimate income when you're self-employed, you get laid off from one job mid-year and the next job you get fizzles out after about 4 months. My "total expected income" was indeed a moving target.

So I am expecting a federal tax refund of $1,306 and a state refund of $1,282, for a total of $2,588 deposited to my checking....sweet.

I'm glad I was able to once again do my own taxes; last year, I paid someone, and she made a number of mistakes, including overlooking a traditional IRA contribution I made and indicating I paid out 1099s to someone as part of my self-employment when I am solo.

I'm relieved to have this behind me so I can now more fully focus on the first writing assignment I've been given by my new employer. I have a little less than 2 weeks to do it, which is plenty of time.

It's mighty chilly here in New England; temps were about -3 this morning when I woke up and with the wind chill, about -15 or -20. But temps will moderate quickly and tomorrow will be warmish again (for winter) in the 40s.


4 Responses to “Taxes are done!”

  1. Dido Says:

    Congrats on finishing your taxes! I can't finish mine for a couple of weeks since I'm waiting for a brokerage statement.

    Good luck with the writing assignment!

  2. rob62521 Says:

    Glad you finished your taxes; it is unfortunate the person you hired messed up so much last year.

    Hopefully this year will be an easier one as far as working and then doing the taxes.

  3. LivingAlmostLarge Says:

    that is impressively close.

  4. LuckyRobin Says:

    I just need to pull together the interest income from our two credit union savings accounts and our one online bank savings account, and the dividends from the 2.39 stock shares my husband has in Louisiana Pacific. It used to be a DRIP stock, hence the weird number of shares, but they became dividend only several years ago. Anyway, I think it was 48 cents each for the first two quarters and 58 cents each for the last two quarters, but I'll have to check the check stubs. We should be getting back around $850 unless my $104 royalties payment pushes us into a different bracket.

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