This is the website of Abulsme Noibatno Itramne (also known as Sam Minter). Comments here or emails to me at abulsme@abulsme.com are encouraged... or follow me on Twitter as @abulsme.

Categories

Calendar

March 2005
S M T W T F S
 12345
6789101112
13141516171819
20212223242526
2728293031  

Uncle Sam Sucks

Don’t have time to get into details here, but suffice it to say that between the 401K loan from 2003 that converted to taxible income (including 10% penalty for early withdrawal) when I officially left my employer at the beginning of 2004, and the fact that my current employer filed all of the reimbursements they gave me to cover the cost of moving from PA to Florida as actual income (from which nothing was withheld of course), I am getting absolutely hammered by a large tax bill that I was not properly prepared for. (I anticipated the 401K thing, but not really the other.)

Given that things were still in the “tight phase” from buying the new house anyway, this will really, really, really suck. So far I have just Turbo Taxed it, but I’ll be seeing an actual real live professional within the next week or so to see if there is anything I have missed that can be used to pull the bill down some. Then I’ll figure out just what has to happen to get the bill payed. (Including that payment plan thing.) Also exploring if how my empoyer reported things was an error which can be corrected, or if that is how it was actually supposed to be.

And I haven’t even calculated the PA tax for the 6 months of 2004 I lived there yet. I’ll probably owe a bit more for that too.

ARGH!

Taxes are evil.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.