Best Use of Tax Time
Feb. 3rd, 2019 07:04 pmI spent a good chunk of today's Super Bowl coverage doing my income taxes. Rather to my surprise, despite all of the changes, the amount I paid (and my refund) didn't change appreciably. I think dealing with TurboTax with the Big Game on the other screen was a reasonably good use of my time.
Incidentally, despite having mortgage interest deductions and keeping track of my expenses as a volunteer for a 501(c)(3) tax-exempt charitable organization (SFSFC, Worldcon 76) carefully, it still wasn't worth the effort to itemize deductions. I even kept track of all of the money I spent on sales taxes in 2018 (Between $900 and $1000) in case it mattered; as Nevada has no personal income tax, I didn't have to make a choice between the two under the new tax law.. Still, now I know how much I'm contributing in consumption tax.
Incidentally, despite having mortgage interest deductions and keeping track of my expenses as a volunteer for a 501(c)(3) tax-exempt charitable organization (SFSFC, Worldcon 76) carefully, it still wasn't worth the effort to itemize deductions. I even kept track of all of the money I spent on sales taxes in 2018 (Between $900 and $1000) in case it mattered; as Nevada has no personal income tax, I didn't have to make a choice between the two under the new tax law.. Still, now I know how much I'm contributing in consumption tax.