My Taxes are Done!
My taxes are finally filed. I was a little late getting them done this year because they ended up being more complex than I thought. I filed electronically with the help of free Turbo Tax from State Farm. The good news is I estimated my taxes almost perfectly. Despite having a full-time job in the [...]
Twenty-Something Taxes Link
Queercents has an awesome post about taxes for twenty-somethings. If you still have yet to think about your 2006 taxes check out this post.
A Trick to Reaching Roth IRA Mutual Fund Minimums
Ever notice how high Roth IRA mutual fund minimums are? (And Mutual funds in general.) At Vanguard, most Roth IRA minimums are $3000; which is 75% of the maximum yearly contribution ($4000). Because of financial uncertainty, I chose not to max out through automatic contributions last year. Thus, I still have about $2000 that I [...]
State Farm offers Turbo Tax Free to Customers
Good news: the reports are true– if you are a State Farm Insurance customer you can use Turbo Tax online for free. We use State Farm for our Renter’s Insurance and I set up my account so that I could view it online. Once you do this there is a link to Turbo Tax. You [...]
Bad News: Turbo Tax Free File Rules Changed
The Turbo Tax Free File Rules have changed. Last year I qualified because they had a $50,000 AGI limit, but they’ve changed it this year. Apparently now you have to have an AGI of $27,000 or less (or be military with an AGI of under $52,000 or less or qualify for an earned income credit.) [...]
Tax Time: Free File here I come
The IRS is set to release their list of Free File Software next Tuesday (the 16th). This is software provided free by tax software companies for people whose Adjusted Gross Income is less than $52,000. According to the IRS: “That means 70 percent of all taxpayers – 95 million taxpayers – can take advantage of [...]