Anyone file their taxes yet?

[sylvenmaid]

Nope. I got my W-4 almost 2 weeks ago, but I'm still waiting on my DIV. They still don't have the paperwork ready. They are driving me crazy. They usually have it ready by the 3rd week in Jan (ok so 4th this month), but still nothing. I was hoping to file before this Friday so I can get my refund early in Feb, but I guess not. I swear every year it's always something I have to wait on so I never get a chance to file before the last weekend in Jan. Just once it would be nice to be able to file around the middle of the month. The refund is mostly going to pay for our WDW so I guess it doesn't matter since it's not due until April.

 

[cheerful chickadee]

for NY'ers who have e-filed their state taxes...

How long did it take before you got notification that the return was accepted? I used taxact.com for my taxes and the federal return was accepted right away, got the notification that it had been received by the IRS less than 24 hours after I filed. The heading for my NY state return says it takes 3 - 5 days to be accepted, is that 3-5 business days?

 

[summerrluvv]

for NY'ers who have e-filed their state taxes...

How long did it take before you got notification that the return was accepted? I used taxact.com for my taxes and the federal return was accepted right away, got the notification that it had been received by the IRS less than 24 hours after I filed. The heading for my NY state return says it takes 3 - 5 days to be accepted, is that 3-5 business days?

Mine took over a week

 

[LisaNJ25]

I filled mine thursday and was accepted by the next morning. Refund should be in my bank 2/6

 

[The Iron Giant]

Anyone have the link to the payment schedule from the IRS?

 

[Mom3girls]

I didn't have the time to read through this whole thread. Can someone confirm that the stimulus check we received awhile back was actually a loan and that amount that you received comes off the top of the refund you expect to receive? Still waiting for w2 from my job and would like to know if I can expect that money or not! TIA

 

[mirandag819]

I didn't have the time to read through this whole thread. Can someone confirm that the stimulus check we received awhile back was actually a loan and that amount that you received comes off the top of the refund you expect to receive? Still waiting for w2 from my job and would like to know if I can expect that money or not! TIA

No, it was not a loan, it was yours to keep. If you didn't get a check and did qualify you can claim it on your 2008 return and have it added to your refund.

 

[Mom3girls]

I guess I didn't mean a LOAN, just will my refund be short the $2100 that I received in the stimulus check?

 

[LisaNJ25]

I guess I didn't mean a LOAN, just will my refund be short the $2100 that I received in the stimulus check?

No

 

[Dax]

I guess I didn't mean a LOAN, just will my refund be short the $2100 that I received in the stimulus check?

I do not believe so...You should get full refund this year as normal.


I am still waiting on both W-2's....then filing TurboTax!

 

[Mom3girls]

I'm only asking because I could really use the $2100 to go to WDW. Trying to convince my DH that we really need the vacation time away and not receiving that extra $2100 would put a wrench in my plans. BTW how do I remove the ticker in my signature?

 

[Carol23]

I filled mine on Saturday am doing direct deposit and am expecting the state one this week!! I think the federal one is around the same time!!! I'm paying for the entire dw trip with it!! I CAN'T WAIT!!!

 

[duketennisgal]

I'm only asking because I could really use the $2100 to go to WDW. Trying to convince my DH that we really need the vacation time away and not receiving that extra $2100 would put a wrench in my plans. BTW how do I remove the ticker in my signature?

It does affect your taxes somewhat, but not much. Once I input the amount that I received my refund dropped from around $300 to around $220 (my refund is always fairly small).

 

[ObsessedwiththeMouse]

.

 

[eeyorethegreat]

The Annuity question:

I would pay the $100 and see a CPA to go through the details and have a peace of mind. Hard to say w/o all your information and circumstance of the death, estate, etc.

Paying taxes on interest earned makes since, especially if contributions made to the annuity are not pre-tax. In other words, if Granddad got paid then took money after he got paid and made annuity contributions....then the principle amnt has already been taxed...Granddad paid them. Unlike a
401k that is pre-tax contribution. Bottom line, IRS will get paid somewhere and determining when determines much. It sounds as if interest only is right.

Also, like him or hate him - Bush did ALOT to lower all the death taxes, so don't be shocked. Unless someone's estate is 1.5 million or more, most good CPA's can find you legal ways to keep the taxes minimal.

BTW, sorry for you husband's loss.

Well, got the 1099R form today so indeed we have to pay taxes on more than the interest we have to pay taxes on the sum plus the interest I was really hopeful for a while. Well at least I saved out the money and we will have some left in the account to start on the emergency fund...yes that's it think positive rather than what the state and fed are taking (I keep telling myself that)

 

[cheerful chickadee]

Mine took over a week

thanks for your reply, I should know NY would take it's sweet time processing the return. I did receive the email this evening saying it has been accepted so it took exactly 5 days, not business days.

Just something I thought was funny, when I started my return and input NY as my state, my state refund status up in the top corner of my software said owe: $94. I just thought it was "funny" that everyone starts out owing NY state $94.

 

[flea1267]

I'm sure this has been posted already but on the off chance it hasn't .... here is the link to the schedule from the IRS re: refunds

http://www.irs.gov/pub/irs-pdf/p2043.pdf

 

[staley7580]

The IRS website is showing mine for deposit on the 28th. That isnt right, is it? I shouldnt get it until Friday... right?

 

[Tissa]

If you check the IRS website under where's my refund? and it shows deposit on the 28th then you will have it in the bank on the 28th.

 

[LisaNJ25]

How long does your status take to come up on the irs site?

Never mind..mine is showing up now.. but it went from 2/6 till now the 10th. I though they only did Friday direct deposits.