Monday, April 16, 2007

Mid-April Income Tax Rant

Every year, I swear I'm going to get my taxes "out of the way" early on, so I don't have to fret over them.

Also every year, I end up waiting 'til a couple days before the deadline, because the job is so distasteful and repulsive. (I'd rather clean out the rain gutters and change swamp-cooler pads, than work on my income taxes!)

Also every year, some of our politicians roll out the idea of a much-simplified income tax system.

Who's standing in the way? The powerful CPA lobby? Turbo Tax Inc?

What would ol' Tom Jefferson say, if he were working on his income taxes, and got to the line, "Do you have qualified dividends from Form 1040, Line 9B, or Form 1040NR, Line 10? If so, complete the Qualified Dividends and Capital Gain Worksheet on Page 38..." And the worksheet on Page 38, of course, has you go find numbers at a half-dozen random places, and then subtract Line 26 from Line 22B, and multiply the result by 2.74, and compare your answer with Line 41 on Form 3562...

One thing's for absolutely certain: When I sign my name saying "to the best of my knowledge, this is true, correct, and complete," that is the absolute truth! Because I don't have a clue! (And to the best of my knowledge, neither does anybody in the IRS, or in Congress!)

The only reason I'm looking forward to dying, is because I won't have to fill out any more 1040s or Schedule Ds or 39Rs... Ah, death, where is thy sting?

1 Comments:

Anonymous Clancy said...

I know what you are talking about. Had the taxes done for a month, but barely signed and sent off today.

The line you sign should read" Turbo Tax does it to the best of my knowledge, this is true, correct, and complete"

4:27 PM  

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