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re: How are the results of your tax returns coming along?

Posted on 4/9/24 at 7:38 am to
Posted by BottomlandBrew
Member since Aug 2010
27507 posts
Posted on 4/9/24 at 7:38 am to
Got mine back from the accountant yesterday. Only owe $277 on personal this year . I owed $7k last year. My new accountant doing work.
Posted by ApexTiger
cary nc
Member since Oct 2003
54121 posts
Posted on 4/9/24 at 7:53 am to
quote:

I owed $7k last year. My new accountant doing work.



that part is amazing isn't it?

you could give 10 accountants the same information, and you might get 10 different results back...

our tax code is stupid

My son is upset he owes 1082.00...

he is a student who did door dash and moving type work, earned about 7400 dollars...he is 1099

he didn't pay taxes yet...still the 1082 was a lot more than he expected

CPA said it had to do with "self employment taxes"... plus NC has state income taxes...

tough lessons




Posted by caliegeaux
Booo Cheeeen
Member since Aug 2004
10631 posts
Posted on 4/9/24 at 10:43 am to
quote:

I owed $7k last year. My new accountant doing work.


owed $14K last year....owe $342 that i just mailed today.
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