Showing posts with label the dreaded yearly paperwork. Show all posts
Showing posts with label the dreaded yearly paperwork. Show all posts

Saturday, February 9, 2019

January To-Do List Update

Here's how the January To-Do List turned out.....


* Pay Bills  DONE  Number one priority each month.

* Read 1, 2 Books  DONE
I read this one..........



"Miss Peregrine's Home for Peculiar Children" by Ransom Riggs

A fun read and a pretty quick one as well.  I also have the other two books in this trilogy sitting on the ready for me to get to.  I don't know how I feel about viewing the motion picture Tim Burton and Hollywood made based on this tome.  Perhaps after I read the whole trilogy?

And this one.......


"Coolidge-An American Enigma" by Robert Sobel
Most people wouldn't make it their business to read about our previous POTUSes or even read about American history.  It's the past and so dry so why spend your time on it?  
I find history fascinating(why else would I be "into" geneaology?!lol)and unfortunately, enough folks today don't care or think learning from our past is important.

What did I learn from this book?
Calvin Coolidge didn't follow the formula to getting elected that most men do in politics.  "Cool Cal" was his own man who had a strong moral compass who took the office seriously and wanted to serve his fellow Americans.
He was different and again, one of the few POTUS in the last 200 years(and especially the last 100 years) that didn't piss all over the Constitution and use his office to enhance the power of that office and feed his own narcissism/megalomania.


* Hold Giveaways  DONE





* Mail Giveaways  DONE  Everything has been received. 8-)))

* Plan Winter Holiday  FAIL  Well I did some work on it but Hubs hasn't been giving me input plus I need to hear back from my brother before I can actually book anything....but I have worked on this a bit.  Will carry over this item into February and get it DONE!  Have to since we are going in March so we're running out of time. lolz

* Start Getting Tax Stuff Together  DONE  I just need to print out the 1099 from our online bank.  UPDATE-Just did that so this is checked off the list.

* Put Xmas Stuff Away  DONE  All the Holiday decorations got put away well before my Birthday without having to nag.

* Celebrate my Birthday  DONE





An amazing Birthday week!

* Organize Toiletries Stash  DONE
I spent 3 hours up in the Stash gleaning out some stuff to give to friends and family and more stuff to put into Giveaway boxes.  That still leaves me with a LOT of toiletries, et al. for us to use.  Last January the big purge/organize in there took all. day. long.

* Put 2018 Paperwork Away  DONE  Files have been purged and all the 2018 paperwork(except what is needed to file taxes)have been put away.  We are ready for the influx of 2019 paperwork now....ugh.  ;-)


Basically I didn't have much on my list in January to accomplish.
After a busy December/Holiday Season I tend to take it easy on myself in January....plus it's my Birthday month. ;-)

So what did y'all do in January? 
Did ya'll get stuff done that y'all wanted to get done?
Is there anything you avoided doing/getting to last month?


Sluggy

Sunday, January 26, 2014

The Yearly PITA

I've spent the last 2 days in the grips of the Yearly Paperwork Monster........


The W-2s came in late last week so I sat down on Friday and I did the PA state taxes.
Compared to the Federal taxes, PA's are easy-peasy.
Here's basically how it goes....

1. Write down all your income.
2. Write down the total of all your taxable interest and dividends from investments.
3. Add those 2 numbers.
4.  Multiply the number in #3 by 3.07%.
5.  If your employer didn't take out 3.07% and give it to us already, do some subtraction and write down what you still owe us for doing NOTHING for you.
6.  Write us a check for the number in #5 and mail it.
7.  Consider yourself lucky we don't take more.

See?!  Easy peasy.....


PA has no exemptions and deductions(except for a very few rare ones that we don't qualify for).
There are no tax brackets and graduated scales either.
Tell us what you made, send us 3.07%.
Done.


And you don't even have to snail mail or electronically file in most cases.
You simply call them on the phone and file that way.....of course, you DO have to mail them a check or give them your credit card number eventually.

So PA is ready to be filed and we owe them another $51 besides what they took out already during the year.



Saturday I sat down and  did all the calculations to figure the charitable contributions, local/state/real estate taxes paid for 2013.  If it's more than the Standard Deduction of $12,200 for our married/filing jointly status, we itemize, but if it's less than $12,200, you are better off just taking the SD and saving yourself some aggravation and wear and tear on your sanity.
Unfortunately(or should that be fortunately?), I get to challenge my sanity this year.

So this week I get to write up all the final paperwork for the Schedule A & B.   Fun! lol


I also sat down on Friday and figured out my final Net income from my gross Blog Revenue, eBay, Etsy and Amazon sales in 2013.
You are now reading a blog written by a "hundredaire".....you know, like a millionaire but a lot poorer.  ;-)


I started filling in the 1040 and am now on page 2(home stretch!) and awaiting the 1098-T forms from 3 colleges(Daughter attended 2 different ones in 2013)so I can see if we get the 2 educational credits and/or offsets from Form 8863 the year and how much they will be.



I went ahead and figured the rest of the numbers without the Tuition/Educational credits/offsets and we will be getting a refund hovering in the $1K neighborhood at least.  Could rise to almost $2K depending on how the 1098-Ts affect the calculations.
Rah......


So until those 1098-Ts come in I'll keep myself busy by doing the.....yes, I am going to say it!......the FAFSA.



I don't have to do one for #1 Son this year since he graduated in 2013(hoorah!)but instead, I get to do one for #2 Son(boo hiss!)who will be starting college in 2014.

It's all just a big game of chicken for us really, since we are so RICH(have retirement $), the FAFSA always tells us we are required to pay the entire college bill the child might have....and usually it tells us we are required to pay even MORE than their anticipated bill!  How is that possible?LOLOL



So we fill it out and wait for them to tell us our kids qualify for nothing.....except loans, EVERYONE qualifies for those evidently.  8-(
So I dutifully fill it out even though it's pointless.


The Daughter has dropped out of college(temporarily)this semester and has no clue whether she will return for the 2014-2015 year so I guess I need to fill one out for her this year, just in case she does drop back in, in the Fall.
But where they want to know what school to send the information to, what the hell do I put? lolz

Possibly 3 more years of this FAFSA crap and then I am done forever.
Whatever.....it really doesn't matter.

Maybe today I'll do something FUN like......figuring out a menu for this coming week and scrubbing a few toilets........or having a couple of drinks.

Guess which one will win out?  ;-)

Sluggy