Thursday, March 10, 2016

Taxes...

Taxes...  Man, I hate this time of year, when I have to sit down and spend hours torturing myself as I calculate how much money I have to give our government – which it will promptly spend mostly in ways that I find abhorrent.  Not fun.  Since I retired a few years ago, this tax computation has gotten worse – the tax consequences of living off your investments are way more complicated than living from a paycheck that's had taxes withheld.

Last year was the worst of all for us, as the 2014 tax year was complicated by our moving from one state (California) to another (Utah), owning two homes most of the year, major investments changes, etc.  This year was considerably simpler, and the tax software I use (TurboTax) surprised me by making something else much simpler: for the first time it automatically imported all the tax data about my stock trades from my broker.  Even the basis (price I paid) was correctly imported.  This saved a lot of manual lookup and typing.  Bottom line: I did our tax return in just a few hours this year, instead of the several days I was anticipating.  That, at least, is a positive thing.

But I still have to let them steal my money and waste it on something stupid (or worse), and that really grates on me.  Argh!

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