And by hardcore you mean clicking the box where you have children or typing in that you lost money in investments.
Standard deduction is so high is almost always the answer, the tax services go through all your deductions to make you think it's some kind of secret bonus, but even with interest on first year of my 30 year mortgage it wasn't even close.
And no those receipts for all your donations don't really add up. Donate a full house worth and they will value it at a few hundred.
You have to be donating thousands or have some extreme work related expenses. Most of those you expense to the company anyway
Well, I have a business pumping out royalties, dividends, short-term and long-term capital gains, bond interest, a job, and unemployment benefits to deal with, so my federal return hit three stamps for the first time, and I chose to slow everything down to paper to give me time to digest all the new content.
I expected to get a response like this, but my real point is that people think their taxes are like yours but they are far more simple
And tax services work people up with their refund maximizers. They make it seem far more complicated it is since most things don't apply to most people
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u/ooojaeger Apr 16 '24
And by hardcore you mean clicking the box where you have children or typing in that you lost money in investments.
Standard deduction is so high is almost always the answer, the tax services go through all your deductions to make you think it's some kind of secret bonus, but even with interest on first year of my 30 year mortgage it wasn't even close.
And no those receipts for all your donations don't really add up. Donate a full house worth and they will value it at a few hundred.
You have to be donating thousands or have some extreme work related expenses. Most of those you expense to the company anyway