Category Archives: taxes

Update on the Income Tax Transcript

income taxes
Seven weeks ago I told you about my experience in ordering the transcript of our income tax return.  With that post I included a scanned image of said transcript to show others what I'd received from the IRS.  I complained that this is not what I was promised in conversation with the IRS “This transcript contains all of the lines of the return which you used,” and felt as if I had no option but to order a copy of… Read the rest

The Transcript of Our Income Tax Return

income taxes
A couple of weeks ago, while recovering from the Great Backup Accident of 2010, I shared How to Get a Copy of Your Federal Tax Return. I was told by the agent I spoke with that it would take a “couple of weeks” to get the transcript back, since I'd called in with my information, and he also told me the transcript would “contain every line used on my income tax return”. Well, it turns out that wasn't exactly correct.… Read the rest

Estimated Payments Made in January Count Toward Previous Year

income taxes
On Saturday our income tax refund landed in our checking account. It was significantly higher than I'd anticipated which freaked me out a little bit when I saw it. I opened H & R Block At Home 2009 and calculated the difference. It was exactly $664 which I recognized as the amount we'd paid for our quarterly estimated taxes. When I was talking with our accountant, I asked her if I was supposed to apply the estimated payment I made… Read the rest

Health Care Bill and 1099s – How Is That Health Care?

income taxes
As I'm sure we all know, there's a lot in the health care bill that was passed which we didn't know about. After all, we had to pass the bill to find out what was actually in it. That's so interesting. You would think any new bill would be read thoroughly and examined with a fine tooth comb. At any rate, this recently came to my attention: “Section 9006 of the health care bill — just a few lines buried… Read the rest