Tax Updates

Remember my tales of procrastination--aka TAX SEASON?

Well, we got over $800 back from the state of NC, most of which went to plumbing repairs and H&R Block, but hey, it was necessary. And we had to pay federal about $200. So we figure we broke even.

Then it was time for the 2006 taxes, which were delayed while we waited for a replacement 1099 to come in. Yesterday was another visit to the People ("I've got People" commercial), and I really liked this accountant better. I think I'll make all my appointments with her.

NC is going to refund us over $500.00--and we owe federal over $600.00. Not quite balanced, and we'll get the news about penalties and interest later, so the scales were tipped against us there.

However, I forgot to add insurance premiums to our medical costs for '07, and since I funded a good part of my dentist's rent last year, we were already over the 7% of our income in medical deductions. If I file an amended return, we will get an additional $150.00 back from NC. And the $200 we sent the Feds? They have to give it back, plus about $300 more. Scales tipped in our favor.

But the plumbing had to be fixed and the People must be paid.

So we're Even Steven again.

And that's all I asked for.








Did I mention I still have the 2005s to do?