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This years Tax Return

  1. #1
    Join Date
    May 2017
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    Stuck inside of Mobile, with the Memphis Blues again.
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    This years Tax Return

    Our SSA-1099's just came in the mail yesterday. These were the last forms I was waiting on. So today (Jan. 15th) I completed my our return via Freetaxusa and submitted it for electronic filing with direct deposit of our refund to our checking account.



    Now let's see how long it takes for that refund to arrive considering the ongoing government shutdown.
    "Some velvet morning when I'm straight"

  2. #2
    Join Date
    Dec 2017
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    Houston Y'all
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    I heard on the news that 60% of the IRS workers will be returning to work to start processing tax returns.

    “The United States has become a place where entertainers and professional athletes are mistaken for people of importance.” -- Robert Heinlein

  3. #3
    Join Date
    May 2017
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    Stuck inside of Mobile, with the Memphis Blues again.
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    My refund was direct deposited into my account this morning. So it took 13 days from when I filed it via Freetaxusa. Can't complain about that.
    "Some velvet morning when I'm straight"

  4. #4
    Join Date
    Apr 2016
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    2,053
    What is this "refund" thing of which you speak?


  5. #5
    Join Date
    Dec 2017
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    Quote Originally Posted by Hoot N Annie View Post
    What is this "refund" thing of which you speak?
    I know, right??

    “The United States has become a place where entertainers and professional athletes are mistaken for people of importance.” -- Robert Heinlein

  6. #6
    Join Date
    Aug 2017
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    Quote Originally Posted by Trade View Post
    My refund was direct deposited into my account this morning. So it took 13 days from when I filed it via Freetaxusa. Can't complain about that.
    Thanks Trade. both filled out and filed today.

  7. #7
    Join Date
    Dec 2017
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    Texas
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    .

    I haven't needed to file a tax return in several years.

    By the time I am required to file again, because of RMDs, everything will be different.

    .

  8. #8
    Join Date
    Aug 2017
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    268
    Quote Originally Posted by Hoot N Annie View Post
    What is this "refund" thing of which you speak?
    Over the years I would do 'taxes' for others, watching everyone but me get a refund. I vowed that when I retired I would change my spots, lowered my exemptions (0) on my pension, had 10% taken out of my SS. 9 years now have enjoyed a windfall in the spring. This year I filed free on the 28th, got my federal today took 9 days. Technology is great! With banks only paying a fraction of a % it was just as easy to let the government use it so I could get a big lump sum.

  9. #9
    Join Date
    Aug 2016
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    I'm curious if any of you early filers have noticed a significant change in your taxes under the new laws.

  10. #10
    Join Date
    Dec 2017
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    Texas
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    Quote Originally Posted by Aunt Bea View Post


    I'm curious if any of you early filers have noticed a significant change in your taxes under the new laws.



    For single senors like me, the standard deduction [tax threshold] was increased to $13,600 in 2018 and now $13,850 in 2019.

    .

  11. #11
    Join Date
    Aug 2017
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    268
    Quote Originally Posted by Aunt Bea View Post
    I'm curious if any of you early filers have noticed a significant change in your taxes under the new laws.
    Income for 2018 went up approx $800 vs 2017
    Withholding for 2018 went down approx $200 vs 2017
    2018 Tax refund went up $45 vs 2017

    So yeah I got more income through the year to enjoy the good life, I guess..

  12. #12
    Join Date
    Oct 2016
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    1,144
    I didn't notice any change.

  13. #13
    Join Date
    Nov 2014
    Location
    central Missouri
    Posts
    4,991
    With the new Standard Deduction, we should be getting a refund of about $300 more on the Federal taxes, and $200 more on the State. I E-filed, using H&R Block on Jan. 31st, and got the State refund yesterday....the Fed refund should arrive within the next few days....IF the shutdown didn't mess up the IRS. It wasn't much of an increase, but better than the opposite.
    Things get better with age....I'm approaching Magnificent.

  14. #14
    Join Date
    Apr 2014
    Location
    Arizona
    Posts
    295
    We filed early and got our direct deposit within 2 weeks. The only "change" we noticed was with our state (Arizona) return. They tax my husband's pension (bastards!) so we always pay. Last year we paid $90. This year it was $200!! I have no idea why it would have increased so much. Our "wages" certainly didn't go up any.

  15. #15
    Join Date
    Aug 2017
    Posts
    268
    Refigured again came up with a small windfall for me.

    2018 Fed refund up $45 vs 2017
    2018 State up $1 vs 2017
    2018 Fed W/H dn $205 vs 2017
    2018 St W/H up $10 vs 2017
    2018 AGI up $816 vs 2017

    Total $36 less in taxes on increased income of $816.
    State was $9 more, Fed was $250 less combined generated small raise.

    I guess you could say I benefited.

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