Taxes - Arrrrggggghhhhhhh!!!
Want to vent a bit, as i just got my taxes back.
As self-employed, I need to pay quarterly payments. So, next year's quarterly payments are figured according to this year's filing and estimates for next year.
This coming year, as son is now 17, I lose a child tax credit (although he is still considered a dependent). I took on a 3rd congregation this year, adding a little over $5,000 to my yearly income.
Somehow, my quarterly payments went up over $2,000 a quarter - that's $8,000 a year.
Ouch!!!
I don't even know where that money will be coming from.
Ridiculous.
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Todd__ "Smoke what you like, and enjoy it!"
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