IAG Posted March 27, 2018 Report Share Posted March 27, 2018 I started but lost momentum. May end up filing extension. Glad the 605 has no state income tax, but will have to pay a little for Colorado. Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted March 27, 2018 Report Share Posted March 27, 2018 No, ZERO RUSH when OWING Quote Link to comment Share on other sites More sharing options...
IAG Posted March 27, 2018 Author Report Share Posted March 27, 2018 No, ZERO RUSH when OWINGYeah, but still need to pay by 17th, so will need to figure enough for estimate. Quote Link to comment Share on other sites More sharing options...
IAG Posted March 27, 2018 Author Report Share Posted March 27, 2018 A guy from my childhood Sunday school class went to prison for tax evasion..one of those guys who thought you can get out of paying taxes if you document something or the other....didn’t file for 4 years. Quote Link to comment Share on other sites More sharing options...
Dingo Posted March 27, 2018 Report Share Posted March 27, 2018 A guy from my childhood Sunday school class went to prison for tax evasion..one of those guys who thought you can get out of paying taxes if you document something or the other....didn’t file for 4 years.Wow four years in prison!How much did he owe?Thought America was the land of the free Quote Link to comment Share on other sites More sharing options...
IAG Posted March 27, 2018 Author Report Share Posted March 27, 2018 Wow four years in prison!How much did he owe?Thought America was the land of the freeNo...he did about a year. He didn’t PAY tax for four years. He owed about 350k. Thing is he HAD the money! They were well off. He was following his dad’s lead who was a well known community member. Was all kind of weird. Quote Link to comment Share on other sites More sharing options...
mikeman Posted March 27, 2018 Report Share Posted March 27, 2018 Did mine about a month ago, owed a little to both, used to be I'd wait till the last min if I was paying in but since my checking account pays like 0.1%. it doesn't matter. Quote Link to comment Share on other sites More sharing options...
Downsouth Posted March 27, 2018 Report Share Posted March 27, 2018 Not yet. Pulled out the massive pile of paperwork to start and then got sidetracked. Quote Link to comment Share on other sites More sharing options...
Dingo Posted March 27, 2018 Report Share Posted March 27, 2018 In Canada we have till April 30th for personal taxes and June 30th for businesses Quote Link to comment Share on other sites More sharing options...
IAG Posted March 27, 2018 Author Report Share Posted March 27, 2018 Did mine about a month ago, owed a little to both, used to be I'd wait till the last min if I was paying in but since my checking account pays like 0.1%. it doesn't matter.I know.....used to wait on property taxes the same way, but with saving rates next to nothing doesn’t matter too much. Although I am getting like 1.5 % from Amex savings...beats many. Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted March 27, 2018 Report Share Posted March 27, 2018 I started but lost momentum. May end up filing extension. Glad the 605 has no state income tax, but will have to pay a little for Colorado.What is penalty for extension? Quote Link to comment Share on other sites More sharing options...
IAG Posted March 27, 2018 Author Report Share Posted March 27, 2018 What is penalty for extension?There is no penalty for filing the extension. There is essentially an automatic six month extension, but it is only an extension to file, not to pay. So you need to make sure your taxes paid by April 15 or within a certain percentage or they will charge you interest and penalties or whatever. You fill out a form for the extension and send along with your estimated taxes due. The form is very simple. Takes a minute. Quote Link to comment Share on other sites More sharing options...
IAG Posted March 27, 2018 Author Report Share Posted March 27, 2018 https://www.irs.gov/pub/irs-pdf/f4868.pdf Extension form Quote Link to comment Share on other sites More sharing options...
rito Posted March 27, 2018 Report Share Posted March 27, 2018 no will do 80% of it next week then pay, then file extension. then have to start over in october when i can't figure it out. Quote Link to comment Share on other sites More sharing options...
Dingo Posted March 27, 2018 Report Share Posted March 27, 2018 There is no penalty for filing the extension. There is essentially an automatic six month extension, but it is only an extension to file, not to pay. So you need to make sure your taxes paid by April 15 or within a certain percentage or they will charge you interest and penalties or whatever.You fill out a form for the extension and send along with your estimated taxes due. The form is very simple. Takes a minute. We have that here as well if you owe you must pay what you think is outstanding Then when you do file you must make up the difference The penalties and fines are outrageous here and they charge 10% for any monies owed Quote Link to comment Share on other sites More sharing options...
Deemer Posted March 27, 2018 Report Share Posted March 27, 2018 Pay an accountant to do all that Jazz Quote Link to comment Share on other sites More sharing options...
Sol Aristatel Posted March 27, 2018 Report Share Posted March 27, 2018 They are done. Just haven’t hit send yet. Owe about $600 this year and was blindsided by it. You only get the child tax credit for kids under 17. So thats why I got screwed I guess. It’s stupid. My daughter is still in hs, lives at home, and is a dependent. And she’s more expensive now as a driver than last year. But we don’t get the tax credit anymore? Dumb. I’m bleeding money. Quote Link to comment Share on other sites More sharing options...
Dingo Posted March 27, 2018 Report Share Posted March 27, 2018 Pay an accountant to do all that JazzI do But I have boxes of invoices I have to correlate before I give it to them Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted March 27, 2018 Report Share Posted March 27, 2018 i've done mine and a couple others Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted March 27, 2018 Report Share Posted March 27, 2018 i've done mine and a couple others.......so only about 399 more to go. MillerMike >>>> Quote Link to comment Share on other sites More sharing options...
Downsouth Posted March 27, 2018 Report Share Posted March 27, 2018 Pay an accountant to do all that Jazz I do but still have to get it ready to give to the accountant. Quote Link to comment Share on other sites More sharing options...
Teddy kgb Posted March 27, 2018 Report Share Posted March 27, 2018 I do but still have to get it ready to give to the accountant.He doesn’t read minds? Find someone who does....broke dick Quote Link to comment Share on other sites More sharing options...
Downsouth Posted March 27, 2018 Report Share Posted March 27, 2018 He doesn’t read minds? Find someone who does....broke dickYou would think for what I pay that asshole he could. Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted March 27, 2018 Report Share Posted March 27, 2018 Submitted last month. Received refund in less than a week. Quote Link to comment Share on other sites More sharing options...
Deemer Posted March 27, 2018 Report Share Posted March 27, 2018 Deemer needs to have a child before next tax season, fuck Quote Link to comment Share on other sites More sharing options...
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