Sunday, February 20, 2011

The Tax Man Shall Repayeth Me...

...on both the state and federal income taxes - or so they should be doing if they find all is well with my tax returns. I just got them finished today. I would have had them done at least a week or two ago but there was a question about a state income tax refund from last year; luckily it was not reportable to the feds this year as income because what I received was from a credit - not from an overpayment of taxes. I am also going to amend my federal return for last year, did all the paperwork already, just need to mail it in; we should be getting an additional refund due to the amendment. Shame on me for neglecting to claim part of my property tax as a deduction when I filed last year - I forgot to include a portion of my property taxes. It makes a sizable difference and that will get me back a nice chunk of change as will this year's refunds from federal and state. Whoopeeeeeeeeeeeeeee!

All the best,
Glenn B
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