Tax Season
 

Are you like me, friends?

Are you one of the millions of Americans who filed their taxes early this year only to discover its going to be a long wait? Due to an apparent system glitch and the awesome idea of updating security software at tax season, I am still waiting on my refund.

Initially, i was told that my refund would get deposited on the 11th of Feb then it changed to the 15th, then the 26th then they said they had no record of my tax return, now they're telling me it's going to be in March.

Anybody else having this kind of fun?

Re: Tax Season
 

I think so, I've filed federally, saw some notice about delay in refunds, but haven't paid attention. I think I was originally due this week, perhaps next. I guess if its mid march I'll survive. Just wish that the times in the past when I've owed money at season's end, and have delayed filing until the begining of april to hold on to that money as long as possible, that there would have been a glich to allow me to hold on to the money uncle sam tells me I owe them a few weeks longer.

so reading this prompted me to actually check. Last time I tried the site wasn't working for whatever reason. It says me check is scheduled to be mailed today, which is about the time frame that H&R block told me they'd send it out when I filed. It says if I don't see it by the 21st of March to file a report or something. Perhaps if you check again your check is in the mail. Or are you having it directly deposited? Perhaps that's allowed mine to role on the original time frame. Didn't feel like paying the extra fee to have it directly deposited, I'm cheap like that.

Re: Tax Season
 

I guess I got lucky.

I filled 2/11/2012 and got my refund yesterday 2/21/2012. Did it through turbo tax.

Re: Tax Season
 

I used TurboTax to e-file on 2/5, and my refund is scheduled to be direct deposited tomorrow hopefully.

Re: Tax Season
 

I did Turbo Tax, Jan 31st. Got my refund Feb 15th. Sounds like I got lucky.

Re: Tax Season
 

What is this refund you speak of?

Re: Tax Season
 

I did mine about Jan 31. No problems for me. I used Tax Slayer. My refund was very small so that may have had something to do with it too.

Re: Tax Season
 

I hate taxes.

Re: Tax Season
 

Taxes are a pain these days. I don't even know what a refund is. I gave those up when I became self employed, but I think soon I'm going to make myself an employee of my corporation and take taxes out of that pay to make the burden a little easier come filing time next year.

Re: Tax Season
 

I got over $6,000 back this year. My wife and I had them hold out extra each check and we also had over $16,000 in medical expenses so were were able to itemize and take a larger deduction. Usually we only get about $1,000 on the federal return.

Paid off my car and both credit cards.

My return took about two weeks to process, got it last week. Still waiting on the state return though.

Re: Tax Season
 

We are getting a refund this year. One of the benefits of my free lance income decreasing was that my wife's withholding completely covered the tax due. One of the downsides is that I didn't make any money. Thankfully I'm going back to the world of the traditionally employed on Tuesday and will not have to worry about 1099s much longer.

Re: Tax Season
 

Finished my taxes yesterday. Did my company's a week ago.

Used to be that brokers had until Jan 31 to deliver 1099-INT, B's and DIVs. Now its Feb 15 and much more complicated due to the phase-in of cost basis reporting (brokers will now report the original cost of your investments to the IRS, and not only the sales of them).
For those who have investments, things got more complicated.

Hopefully with some better planning, I can reduce my tax bill next year.

Re: Tax Season
 

Bought 2 rental properties this year. First time I've never been able to do my own taxes. That depreciation stuff gets deep.

Re: Tax Season
 

Wait till you sell them. :eek:

Re: Tax Season
 

You should be doing this. And clearly separating "company" and personal expenses.
Plus putting away money in a company retirement plan (401k, DBP, Simple, etc). You get to put more away that way.
The individual IRAs are only like 5000 a year.