Archive for the '2007' Category

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Taxes 2007

Sunday, March 23rd, 2008

Why does the government want to make you feel like a crook?  I just finished my taxes.  I did it with TurboTax online like I do every year.  Every year I also feel like I’m going to be under the microscope and the full legal department from the United States Internal Revenue Service is going to come crashing down on my big butt.  I mean make the process a little easier and less threatening please.  No fault to TurboTax at all, its the ongoing stories of people doing their taxes, misplacing a decimal point, and spending the next 20 years of their life defending themselves till they are broke, homeless, and desolate.  I pay my taxes, I always overpay it seems, and I always file on time.  Give us a break…   I am getting some back, as usual, mostly cause I still make student loan payments.  But to my surprise, the loan is down to just 13k now.  Im surprised to say the least.  That loan is even with the United States Government.

Big difference this year is I did some “official” consulting with a friends job.  So that means 1099-MISC.   I now ofically have a business according to the IRS.  800 dollars for a weekend’s work, means I now have a huge 1040 and a Schedule C.  Then TurboTax says, “if you file a Schedule C you are 3 times more likely to be audited”.  Oh thanks.  So never again…seriously.  Why do I want to even put myself at that risk again?  Thanks USA for making me NOT want to start my own business of any sorts.  I’ll never work for a company that has to pay me though their systems…nope never.  Ok…Im done ranting.  Going over to play some video games…yes I’m addicted.