Mrs. Dinero
Well-Known Member
100% about truth & justice. Always trying to give mercy a chance.
Joined: Dec 28, 2010 17:09:17 GMT -5
Posts: 1,508
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Post by Mrs. Dinero on Feb 5, 2014 13:33:32 GMT -5
DH & I did our taxes last night through IRS site. We haven't submitted just yet. I want to go through it again tonight to ensure all figures are correct.
Our taxes are not complicated.
Married, filing jointly, using 1040 regular form and schedule A for itemized deductions (income tax, real estate tax, mortgage interest, and gifts to charity). Kept Goodwill donations at $500 so we wouldn't have to use Form 8283.
Taking the lead from using Turbo Tax/H & R Block in past and sticking with the forms they have used for us.
Anything to be concerned about?
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Rocky Mtn Saver
Junior Associate
Joined: Dec 23, 2010 9:40:57 GMT -5
Posts: 7,461 
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Post by Rocky Mtn Saver on Feb 5, 2014 15:25:36 GMT -5
Just out of curiosity, what spurred you to stop doing what you've been doing if you're not comfortable with the new choice?
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taxref
Junior Member
Joined: Dec 31, 2010 11:09:13 GMT -5
Posts: 220
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Post by taxref on Feb 5, 2014 22:36:41 GMT -5
Your situation sounds rather straight forward.
For items to review:
1. For 2013, sales tax is still deductible if it exceeds your state income tax.
2. If you received a state income tax refund for 2012, and itemized your deductions on your 2012 1040, all or part of that state refund might be taxable to you.
3. If you had a state tax balance due for 2012, don't forget to include the payment with your 2013 state taxes on your 2013 Schedule A.
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