Despite a more complicated tax situation as an independent contractor last year, I really didnt have many documents I was waiting for in order to file and the last one showed up a few days ago. I wanted to pick up some extra "I" bonds this year so I deliberately overpaid my 4th quarter estimated taxes by a bit and asked for my refund in "I" bonds. The rate is not as good as last year but still better than a bank, so I am going to build a "ladder" with them until the rates start to drop again and then decide if I want to keep going.
It was the first time doing a schedule C, I was only supposed to work for four or five months last year but it stretched out to November. I should have bought a more business equipment
. Turbo Tax came out with a version for small business, but I have to say I had to do a lot more searching for where the various expenses and deductions end up.
I think next year's taxes will get real simple since I do not plan to work.
It was the first time doing a schedule C, I was only supposed to work for four or five months last year but it stretched out to November. I should have bought a more business equipment
. Turbo Tax came out with a version for small business, but I have to say I had to do a lot more searching for where the various expenses and deductions end up. I think next year's taxes will get real simple since I do not plan to work.
