Official Tax Season Thread? vol Splash Out m8

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welp looks like I owe this year.... not surprised but it does suck... it's all good I was expecting worse and this is the first and probably last year I'll owe... I made too much in capital gains for my accountant to lie lol.. but he did do a lot because based on my capital gains I'd owe a lot more

last year I got back money when I didn't pay taxes from April 2020-oct 2020 on unemployment... so I made out last year
 
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Got a question
Sent my return in with all the accurate info

Saw that I had 1 LAST W2 from a job that I only worked a week at ( the total income was literally a thousand) got it after I sent the return in
Should I wait for the irs to send me a letter or something ? First time this ever happened , it was a side hustle for a week I was helping a friend with his delivery service - it was so early in the year I completely forgot about it

Will they approve my return and send me a letter about having to pay the tax on this later or will they not approve the return?
 
Can I make a charitable donation that allows me to get a state tax credit and apply the tax credit without itemizing my return?

The standard deduction works best for me which is why I don't want to itemize.
 
JJrich703 said:
How are you calculating this.. did you already receive your W-2?
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No W-2 yet, but my last paystub for 2022 pretty much shows all of my income/deductions/taxes for the year, so it might as well be a W-2 :lol:

Plus, I already received my 1099-DIV, so I have a pretty good idea of what my tax liability is vs what I paid that year.
 
Waiting for two other W2’s to come in. I hate this part of the process. Wish all parties could figure a way to expedite the process.
 
Got 14k back last year. I do Single and 0 so they tax me like crazy throughout the year. When I file I claim two dependents.

Hopefully this year the story is the same but now I have a property and hoping to get more.
 
3900stabler said:
Can I make a charitable donation that allows me to get a state tax credit and apply the tax credit without itemizing my return?

The standard deduction works best for me which is why I don't want to itemize.
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Maximum of $300 cash contributions if single, $600 for married. BUT you’ll need to itemize. And even if you do it’s hairs of a difference.
freshpairs said:
Been reading the same. Did they adjust the income brackets?
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They do every year. Fractions to the point of difference. You’ll want to be just before the next bracket You’ll pay extra taxes on the next one
 
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