Taxed

Mar. 9th, 2025 12:10 pm
kevin_standlee: Kevin after losing a lot of weight. He peaked at 330, but over the following years got it down to 220 and continues to lose weight. (Default)
[personal profile] kevin_standlee
I did my income taxes today. As with last year, I owe about $300, primarily because the pension income attributable to XPO Logistics having spun off GXO and nominally retired me. I haven't been able to figure out a way to have the retirement plan withhold some of my monthly pension payment to cover this, but it's not a hardship, and it's not enough to trigger an underpayment penalty.

I have a number of things that would nominally be tax-deductible, but not enough to make it worthwhile to itemize deductions.

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