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?
Showing posts with label irs. Show all posts
Showing posts with label irs. Show all posts
Monday, April 14, 2008
Tax deadline draws near
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