Honestly most mistakes you could make can just be amended with minimal adverse results to you. Unless you like badly bungle things or blatantly misstate things.
2020 Taxes
- Thread starter Trice
- Start date
You ain't seen nothing yet. There are a lot of things that need to be paid for in the near future.
Another vote for small town CPA. We paid $140 for our CPA to file both state and federal. Been going to him for over 10 years.
Same! Well, it hasn't been deposited yet, but should be tomorrow or the next day. Pretty happy with that actually.
So I messed around with 2 websites this year. Tax Slayer and HR Block. Got the same return for Fed on both, but for some reason owed the state an astronomical amount using HR Block, as opposed to a much smaller (still annoying) figure on Tax Slayer's system. I put in all the same info, although HR Block offered State taxes to be filed individually as opposed to jointly, even if you filed jointly for Fed (we did). I was a bit perplexed at the amount of state tax we owed using HR Block, so I went ahead and filed using Tax Slayer. Now that I've filed, I am worried that maybe HR Block was right and I do owe what they say. I wasn't thinking about it at the time, but we used HR Block last year, so they had all the info from 2019 whereas TS did not. Not sure if the difference lies therein somewhere, but has anybody else experienced anything similar?
Could be. Taxable refunds may not be included on the TS side.
Iowa is stupid with the whole federal joint state separately.
Note: Check your individual states to make sure they go along with the same thing so you don't get a nasty surprise letter later for not filing/paying on time.
I am encouraging my clients to still get them done by 4/15.
Ended up owning the state 32 dollars. Rather do that than have to wait for the 50ish refund I've seen in previous years.
The big boss already sent out an e-mail saying, "Keep working your ass off as if 4/15 is still the date because this isn't official."
Plus MN is stupid as it relates to conformity so if IRS decides to officially put the guidance out next week MN will conform about May 15.
Isn't this kind of necessary when they pushed the filing date back the same amount?
It's not like last year where people had basically half a year to file, everybody is still going to have roughly the typical amount of days available to actually file right?
After 4/15 racing is priority #1 and anyone's taxes will be completed when I have time from priority #1.
Watch the news or check the IA Department of Revenue website