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tax season 08/tax season 09

March 24th, 2009 at 08:33 pm

Monday
Saving log - $0
Spending log - $40 groceries, and sigh, taxes.

Tuesday
Saving log - $0
Spending log - $10 lunch

Yesterday I wrote and mailed the checks to the IRS for 2008 and to the state of WI. It ended up to be a bit over $5K, and only $143 to WI. I suppose I could have filed and kept the money for a month, until the last minute to squeeze out that little bit of interest, but these days I'd be playing chicken with the IRS for a grand total of $6.25. I got the IRS 08 return, the WI 08 return, and 4 quarterly vouchers for 09...but then I got confused. Was there supposed to be a amended 2007 return somewhere? Or is that in my future.

I stopped by this morning. Apparently the lawyer's letter stated that since the sale was in September 07, that the sale fell in fiscal 07-08, and the proceeds should be filed in tax year 08. So no amended return - he got everything in 2008. At least if the IRS asks, he's an enrolled agent, and I asked about it.

Thus ends tax season 08.

Tax season 09 begins for me next month, when I pay my first quarterly tax.

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