Have You Filed Your 2012 Tax Returns?

TSPking · Post by **TSPking** » Mon Mar 25, 2013 10:25 pm

TSPking · Post by **TSPking** » Mon Mar 25, 2013 10:26 pm

I just received my prepared returns from my CPA today and I'm still recovering from the shock of what I owe. Unbelievable!

BigMike · Post by **BigMike** » Mon Mar 25, 2013 11:21 pm

No. They don't get my money until the last possible day when I must give it to them!

TSPKip · Post by **TSPKip** » Tue Mar 26, 2013 9:33 am

On the bottom of my monthly budget spreadsheet for each year, I have installed the functions to do my taxes: state and Federal, which changes the taxes and yearly totals so that this retired vet can know his tax burden to the dollar. Therefore, I am not surprised by a large tax bill and deficit during the next year. Preparing the tax forms early is not painful for me.

natohog · Post by **natohog** » Tue Mar 26, 2013 10:51 am

There should be an option for "I don't know."

TSPking · Post by **TSPking** » Wed Mar 27, 2013 12:53 am

Are medical expenses beyond pre-tax premiums and co-payments (aka hospital visit) tax deductable? Thanks in advance...

whitty4 · Post by **whitty4** » Wed Mar 27, 2013 11:24 am

TSPKing: Medical expenses that exceed 7% of your adjusted gross income are deductible if I remember right. So far I haven't had that much.

I have received my refund already. $12.00 from the state and about $100.00 federal. I always try to cut it close without having to pay.

sludg · Post by **sludg** » Wed Mar 27, 2013 1:37 pm

Already got both the state and Fed returns. Was a good year that paid off 2 low balance credit cards.

Fund	Price	Day	YTD
G	$18.25	0.04%	1.58%
F	$18.88	0.11%	-1.77%
C	$81.80	-0.02%	10.00%
S	$80.29	0.05%	4.15%
I	$42.83	0.10%	6.58%
L2065	$16.32	0.03%	7.94%
L2060	$16.32	0.03%	7.95%
L2055	$16.32	0.03%	7.95%
L2050	$32.63	0.04%	6.60%
L2045	$14.87	0.04%	6.27%
L2040	$54.26	0.04%	5.98%
L2035	$14.32	0.04%	5.62%
L2030	$47.62	0.04%	5.28%
L2025	$13.17	0.04%	3.59%
Linc	$25.67	0.04%	3.05%