We already got our refund back in March. Having gotten married in 2007, we'd procrastinated in adjusting our withholding forms, so when we filed in February, we were due a hefty refund of nearly $3000. However, we'll have to pay almost $600 to California.
But we finally readjusted our withholding, so we'll probably be owing money for 2008.
IRS Withholding Calculator
California Withholding Calculator
I actually find the California withholding form more complicated than the Federal, but at least the calculators help simplify things.
We filed using TaxCut Premium. I bought the retail box CD and plan on keeping it. I had a 2006 filing from Taxcut, but 2007 could only import small amounts of data, and not display my whole 2006 return which I hadn't printed. So I had to frantically scrounge around looking for TaxCut 2006 software in order to print my 2006 returns from the taxcut file. Lesson: always print your tax return and also save a .pdf or .mdi of it.
Perhaps I'll go to web-only tax returns in the future. That way it's platform-independent. The reason I went to TaxCut is because the CD software can install on either Mac or PC. Going Online makes it even more cross-platform. I can imagine doing my taxes on my iPhone, but that would be overkill eh?
Monday, April 14, 2008
Tax deadline draws near
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