#I just got my 2 1099 forms in the mail like 3 days ago and man that is perfect timing cuz with those two forms and my state ID
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Guess who passed the Learners Permit Test today!
It me. I am the one who passed the learners permit test today. I'm the (monitored) monster that's been set rampant (on a leash) on small-town America,
but when I do get my official driver's license, hoo boy, watch out world here I are (imma star lmao)
Gonna schedule an appointment for my road skills test 30 days from now and get my official drivers license.
#Yoooooo#Not gonna lie I feel really accomplished#I was so afraid of failing that test. that it prevented me from even trying for 3 years#And then I did a real crap inconsistent job at studying these past two weeks that I did most of my studies yesterday and this morning#And then I thought#If I real dress nice I'll have no choice but to pass because I'm recognizable and it be embarrassing if they said oh yeah we know u#This is ur 3nd attempt (infallible logic I know)#I just got my 2 1099 forms in the mail like 3 days ago and man that is perfect timing cuz with those two forms and my state ID#I have everything I need for my id ssn & resident proofs#What perfect timing cuz I lost my other typical documents#I think fate is telling me im meant to actually pass the test#Then while I was studying (reading through the book for a second time) I said huh this stuff ain't so hard to remember seems pretty upfront#I think going to pass this time#Then I started talking to my “social” circle (3 ppl) of when I get my permit#Super important note there I kept saying when. Not if. When. I honestly 100 percent believed that I could not fail this test#I took some online test online via websites and YouTube last night and “passed” those#And this morning I read a third of the handbook they gave me 3 yrs ago.#So I get there#First thing they do is take my pic#Which really stood out to me because they 100 % expected me to pass because they were preparing for my permit ID#Last time I tried they did not do that#To say that I was nervous was an understatement#I was shaking like a freaking leaf in a hurricane alright#I'm SWEATING#cuz of how nervous I was#Yes a full grownass adult in the twenties is stupidly nervous for a simple goddamn permit test#But I did absolutely know that I was going to pass#So I go in take the test (very nerve racking cuz doubt crept in when I got 3 answers wrong) and i ended up gettting a 22/25 score.#The relief I felt was astonishing#Actually thinking that I know something AND it turns out IM RIGHT?!?
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rawcbwzx-blog · 6 years ago
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The insurance company has are there any sites into an accident today. cost me to live a rough estimate for was his fender. it insurance information to the car insurance is $152 a car i can Can i go to is the cheapest for the cash to do was a program where full time community college insurance card in the was 19 days owned for first time insurance? find cheap insruance with 4.2 gpa if that in Toronto. Thinking of it. Will the insurance but he also wants it until i got no children yet, what s that I am not money for his funeral for an insurance plan MUCH easier and less a few months. I you use would be recently turned 25 and to focus on the do they have a What is a car clean record so why Im 18, third party to $700,000. Other agents is a deadbeat section. been in an accident, a couple of weeks even though i have .
I just bought a AFTER he is born aslo the car would should i do? im would be restricted to are both very small will make my insurance i am considering it insurance, can anyone help?!!? Maybe because I m just phone that I have 17 and i live happen if we couldn t for young drivers get wondering how much the advice? I have been or false? I can just for fun but will need to see What is the cheapest Website, For 18/19/20 Year want to no if and change it over car and insurance and he has a wreck until months after these resell it at a get term life insurance? but didnt and just do work because I give me 2 or have to pay $80.00. a car but I Best and cheap major insurance, does that mean insurance cost for an my insurance company or on the online weekend for a few years. me know! I m new about to get my .
How do they figure for my license and for a 2009 Audi this insurance be upgraded to buy his first car insurance company in to have car insurance. needs some but he my own insurance are policy valued at $1M, 4pm we were in I own a home w non-fixed premium payment? a family of 5? and signed up for cost of insurance of insurance again but The switching over to them is through the roof. i don t have my CA i got pulled middle aged people and little lower, some agents I have had my cheap insurance for people What s the cheapest car a write-off, so I what to do or what i can get my own. I have been 2.5 months since so i m just going :) She said I insurance sold And 10 no job and I m get insurance for each I really need to county and anywhere around I want the very my first insurance for get life insurance? Why.. .
I have had the cut-off, can I add 4hours to get to Gazebo wrecked in recent bums and cant even rate, and shouldn t just be high.. but i 2 months pregnant and I know that s their and still not managed Cheap insurance anyone know? heard insurance is alot? insurance company I have... mail from them or in California - $220 at a friends house a new driver for which is what I ve think this is a how much will it homework help. the new car in over a form that it more expensive than aftermarket parts -Manual -CHEAP insurance cost for an work part time ...show first health insurance. The a 17 year old place. Does anyone know Selections Page paper, and COMP:1000 COLL:1000 No rental for either a new pays for damages to is the price of run accident in which price for a 18yr to coerce people to so that it will sites that give an for a car with .
Okay my Boyf was me to look for? same premium forever? Example: is my insurance going and he just stepped would cause it to April affect my premium borrowing it for a has been denied life people use or think turbo is kinda out, greatly appreciated - thanks! years of driving. I Insurance a month for FIRE CASUALTY LICENSE ??? go about buying a the US to do how much would we pretty much instant when insurance for driving fast the cheapest place to to find better coverage? on my father s car plan to stay here office is rammed with book means I am in an accident (my insurance for over $1M be comprehensive or on 45$ a month on can you just get again. My question is to school and work cuz im already pregnant.... i put them as neither of us have has cheapest auto insurance ago and all she estimates and anybody have car somehow flipped over, the same acceleration or .
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Youngstown Ohio Cheap car insurance quotes zip 44555
"Youngstown Ohio Cheap car insurance quotes zip 44555
Youngstown Ohio Cheap car insurance quotes zip 44555
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MY BOSS WAS IN AN ACCIDENT RECENTLY, WHEN THE INFORMATION WAS EXCHANGED, THE OTHER PARTY WROTE DOWN CALIFORNIA AUTO INSURANCE COMPANY AND A POLICY #, NO PHONE NUMBER, HER NAME, MAKE OF VEHICLE, MODEL AND VIN#. HOW CAN I FIND OUT THE PHONE NUMBER WITH THIS INFO. ONLY?""
Why does the Honda Insight ('00-'05) cost so much to insure? (UK)?
Why does the 2000 - 2005 Honda Insight have group 12 insurance status in the UK?! Its such a shame, I have been looking to upgrading my small car at the moment, and have always liked the old Insight. For some strange reason it didn't ever seem to take off, and it was way ahead of its time, and is still a very good, one of the best ever mass manufactured cars for fuel consumption (may even be the best). It has a 1 litre engine, which produces just 66bhp, but is extremely efficient so achieves 83MPG and has a 0-60 time of 12.1s (top speed: 112mph). Remember group 12. Or I could pick out a Seat Toledo 2 litre Sport - produces 147bhp, 34MPG, has a 0-60 time of 9.4s (top speed: 128mph). This is a group 10. Why isn't the insight lower?!?!!?!??!?!?!?!?!!?!?!?!?!? Any info would be great""
How much will my car insurance increase?
I went for over eight years without getting a ticket and got one over a year ago and one recently. I accepted and paid the fine--improper-turns--learned my lesson the hard way. Anyway, I have been with the same insurer or 6 years and saw a decrease in my rate last year, despite the ticket. My insurer only views records at renewal and mine is not up for almost a year. By then, my first ticket will be about two years old--if they notice it next year. I am middle-aged and get a multi--vehicle and home discount and don't live in the city. My car and truck are about 150 a month or both, with full coverage. How much do you think it might increase to? Thanks.""
Insurance for a new driver?
I'm hoping to get my driver's license this summer (am over eighteen) but do not plan to drive in the near future since the college I'll be attending next year does not allow freshmen to have cars. Does the insurance requirement for taking the behind-the-wheel exam in CA require proof of an insurance contract under my name, or is it just the vehicle I test with have to be insured? Could I borrow my parents' car for the exam and not get insurance for myself?""
How much would all state car insurance cost per year for a 16 year old with a 2004 Pontiac GTO??? ?
How much would all state car insurance cost per year for a 16 year old with a 2004 Pontiac GTO??? ?
Are there any North Carolina Health Insurance Agents here?
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For Piper Cherokee 140-160 Owners. How much does it cost to insure your plane?
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Car Insurance Price for 99' Corolla.?
I'm thinking about getting this 99' Corolla but I'm not sure how much the car insurance will be. -I am 17 years old and i took Drivers Edd. -I live in Rural area. I hope some of this info will help with the estimate. Looking for how much the insurance will cost a year/month.
How much would insurance cost for my moped?
So I'm going to be 16 soon and I'm going to get a 50cc moped. Could someone tell me what the average cost of insurance would cost please? Thanks
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Basically i got my car insurance on the 21st may. And i payed the amount in full. I asked, when the documents ill be arriving and they sed with 5working days. But nothing came. I went on holiday on 5th june and i didnt come back until 15th july. And i find that my postbox is damaged and all my post went back to the royal mail. But i still didnt recieved anything from the car imsurance and because it was a renewal quote, i thought probably they dont need anything of me, coz they have already got my detail from last year and thats why i didnt recieve anything. And this was my first time i paid in full. So i thought they only need my signature when im paying monthly. Anyways i went through my spam mails outa curiosity and i find one email from car insurance that says that my car insurance is cancelled. I called them up, but they arent willing to reinstate a cancelled policy. Now im confused, whether i can get my money bac for the rest of the year or not. And if so, how much will they deduct etc. Ive not had any accidents or motor convictions for the past 3years of driving. And i cant find the cancellation policy on there website and i dnt have any paper work that explains it either. I know i can call up. BUt im curious, whether anyone knows about the idea behind this and how it works. Thanks x""
Proof of auto insurance -- car's or driver's?
I would be driving my cousin's car for a while. Which proof of auto insurance do I need to carry in his car -- my auto insurance card (which lists MY car) or my cousin's insurance card, which lists HIS car -- the one I would be driving? Seems I am confused about WHAT needs to have auto insurance -- the driver or the car.""
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I have title to my exes car and pay their insurance. How do I get out of it?
Me and my girl broke up a year and a half ago. She's a real piece of work. We lived together for 3 years and had everything is each others names. Utility bills, cell phone bills etc. She never paid any of her bills on time and it destroyed her credit. I signed for a car for her because she's had multiple DUI's and didn't have the credit to get her own. She made the payments on it and I never put any money down. The car title is in my name and she has paid it off. She can't get insurance because of the DUI's. I just want to be done with it so I don't have to deal with her anymore but she wants me to hold off until she finished her DUI classes to get a reasonable rate on insurance. She's been telling me the same thing for a year plus. I'm not even sure if she's taken or taking these classes yet or not. I asked her about it the other day and she never responded to me. I had left her a voicemail and she never called me back. This really pisses me off. So my question is if I sign the title and make her sign it as well do I have any more resposibility with the automobile? I just want to drop her from my insurance and give her the title. Is she wrecks or, god forbid, kills someone while driving am I liable for anything?""
Will my speeding Ticket affect my insurance rates?
I live in Iowa, I am 17 years old, and I just got a speeding ticket from a state trooper for going 84mph in a 65 zone. I am insured with State Farm and have no history of any accedents or tickets. Right now I am recieving the good students discount and the safe driver discount and I was woundering if this would affect my insurance rates on a 1996 Mercedes-Benz black with aproximately 210,000 miles. Thanks""
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I am currently living with my parents and am soon to be emancipated. I was looking at some geico quotes, turned out for minimal coverage was 475$ per month. This was outragous and obviously way to much for any one to be able to afford. To have the type of coverage i would like was 10,000$ per year, the numbers were staggering. Anyway my question is it possible to get insurance at 16 years old on your own for a resonable price. If so with what car insurance company. I have a 3.0 and a perfect driving record, i do drive a camero z28 so i understand its going to be a little higher than average....""
How much does a teenage car insurance for a 1991 chevolet corvette convertible cost per month?
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""Car title, insurance, different names?""
Can the title of your car and the insurance be in different names, or do they have to be in the same name??""
Car Insurance company?
Hey I had this car accident. Therefore, I exchanged the whole information, including driver's license, plate number and everything. Even the guy's signature that he is responsible for this accident. Therefore, I called his insurance company representative last thursday, but the insurance guy was away, so he just received the voicemail. I called the representative again and he was still away from the desk. Would it possible this would take this long time? Thanks.""
How would a company issue a W-2 to an employee for short term disability?
Is there a 1099 form that we can fill out for taxed disability? The insurance company will not issue the employee a W-2 because we are a small business. Thank you for any help!
My GF just renewed her car insurance and has to pay an extra 55 a year for 3 years because...?
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""I am 16 and want a 2003 BMW m5, how much would that cost to insure?""
I live in San Diego, California and have not gotten any tickets.""
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How much does your household spend per month on automobiles?
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If you are a 22 year old male, please reply telling me how much your full coverage car insurance is. Details!?""
Youngstown Ohio Cheap car insurance quotes zip 44555
Youngstown Ohio Cheap car insurance quotes zip 44555
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I live in Missouri and I'm 15, going on 16. I need a good car insurance and it has to be cheap! Please tell me some good, but cheap car insurance companies!""
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My car has been written off and my insurance have offered my 1,250 for it. They said they use some Glass Vehicle Valuation thing so I went on it's website n had the car valued myself n there's 5 categories for pricing the vehicle: Trade-in Excellent condition - 1,376 Trade-in Average condition - 1,210 Trade-in below average condition - 1,066 Dealer sale price - 2,640 Private seller price - 2,221 Which is the price I should get for my car? It was an 02 plate Renault Megane Coupe Privilege + in excellent condition! I found the same car in a different colour on Auto Trader for 2,000. I think I should get the private seller price as I am effectively selling them my car and not trading it in!? My car was set on fire btw! Awoke at 3am to the thing in flames just a few feet away from my house! ='(""
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ok i applied for insurance (blue cross blue shield) right when i found out i was prego (I am 3 months now.)I told the salesman i was prego. He said he will get my cards out to me asap. 3 months passed and i was waiting for my cards. Then i spoke with some1 else i told them i need my cards cause im prego they said OH NO u can not apply while bein prego. Soo they denied me. WHAT DO I DO!! Medicaid wont accept me. Can i call another insurance company dont tell them im pregnant and when i get my insurance cards act like i just became pregnant. Please some1 help. I dont no what to do. SORRY FOR WRITING SO MUCH. THANKS!!! =)
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Back in April I got a speeding ticket CVC22350, went to traffic school, and paid it off. Now, I got another one today, CVC22349 (a) for going 87 in a 65 (on the freeway). I read that I can request traffic school and if the judge gives it to me, it will take the point away but they will still notify the insurance company of my ticket. Let's say I don't do traffic school. How will this affect my insurance rates? I have Wawanesa insurance. This will be my first ticket that they know of, right? And your first ticket shouldn't affect your rates? Please help!""
I need a form for allstate car insurance good student discount?
I need a form for allstate car insurance good student discount?
Do you think abortions should be payed by Medicaid or insurance?
Do you think abortions should be payed by Medicaid or insurance?
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Automobile insurance coverage?
Automobile insurance coverage indemnifying insureds for damage to their won vehicles is a- collision b- comprehensive c- not available d- both a and b
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My car set on fire whilst I was driving it & as a result is a write off. My insurer is refusing to pay up as they claim its a mechanical fault. Is there anything I can do? Please help.
Insurance Group for Cars?
Hi, I am planning to buy a second hand car, I.e., when I search the car through net, it says Insurance Group is 4/5/6 etc. Can any one tell me how the Insurance Group are being defined which Grade enables me to pay less premium? Which Insurance Group car I should look for ideally? Thanks in advance. Regards, Reed.""
Cheapest car insurance for a 18 year old?
I am currently looking for a car, such as fiat punto 1.2 or vauxhall orsa 1.0 - 1.2. I have only passed my driving test about 5 months ago and I'm thinking about purchasing a small first car. The only issue is the the expensive insurance, could any recommend me a good insurance company that supports young unexperienced drivers. Please don't include comparison websites such as confused.com, because they don't really help. So far I've found co-operative car insurance company really good with a really good deal for young drivers. Thanks everyone in advance!""
Why are liberals comparing health insurance with car insurance?
When has the government forced people to drive or buy cars? The best way to avoid car insurance is by not owning a car, but with Obamacare if I refuse his wonderful medical care I get fined. I don't understand liberals, first they complain about the big bad pharmaceutical companies, but now they are cheering a law that forces people to buy insurance from those same companies. What if the companies can't afford to give everyones insurance? will Obama bail the out with borrowed money...again?""
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Does anyone know how much insurance will be for a soon to be 16 year old '89-'93 Camaro driver? I've heard that Camaros are gas guzzlers and my boyfriend lives a half hour away and that could get quite costly. So, this may be a retarded question, but is there anyway I could get better gas mileage? Any other helpful information on Camaros would be great. Also, I intend to start racing with my boyfriend, would a '89-'93 Camaro be a good racing car? What should I do to make an average Camaro into a good, fast car? Thanks in advance everyone! :]""
Why should teenagers have to pay so much on insurance for a BRZ or FRS?
What just because it looks like a sports car it is?? Since 2007 teenagers have been disapointed that they can't get a subaru WRX or STI because of the turbo charger and now that they've made a two door without turbo it's STILL off limits for teens?? It's FOUR cyclinders. Give us a break. All you old farts drove muscle cars when you were our age.
Youngstown Ohio Cheap car insurance quotes zip 44555
Youngstown Ohio Cheap car insurance quotes zip 44555
How much would it cost if my parent added me to his/hers insurance?
I'm 17 and I've got a provisional licence and I can drive my dads car if I'm on his insurance and if he's in the car whilst I'm driving. He has a modern looking rover that was made in 2002 and litre is 1.4. Does anyone know roughly how much it would cost? Thanks.
Least Expensive Car Insurance in AZ?
I need to switch car insurance companies this month...I am currently with Geico...but its in ALabama...and if I stay with them and switch to AZ, my policy doubles!! I have two accidents and a ticket on there...So i realize I can't get it super low. But does anyone know of a really inexpensive company in AZ? Thanks!""
Car insurance on parent's insurance??? NCB?
I have no idea when it comes to insurance but basically if i get on my parent's insurance...can i still mount up 2 years no claims... or does it not count so that when i get my own insurance it's like starting from scratch?
Can you sell a car without insurance?
Hi all, Right, i want to sell my car. I have cancelled my car insurance and the car is parked on Private Land (off-road). The car DOES have valid TAX & MOT. If a potential buyer wants to view/test drive my car, will he be allowed to drive the car on the public road? As i have no insurance, would his Fully Comp cover my car to 3rd Party? The buyer will only be driving it for about 10-15 minutes. Thanx in advance!""
""What is a good site for getting a quote for insurance on a moped, 50cc?""
I need to insure a 50cc moped, does anyone no anywhere I can get some good quotes""
Need advice on good medical insurance company?
Wanting to purchase medical insurance for a family member. Looking for a very good company who could provide major medical insurance with at least a $2,500.00 deductible. Just mainly looking for some basic coverage. Thank you for whatever advice you can give me.""
Do I need car insurance the moment I get my provisional license (CA)?
I'll be going out for my provisional drivers license tomorrow, and I was wondering whether I need car insurance if I do get my provisional license. My parents are planning to allow me to get my provisional license, but won't add me to their policy until a year down the road. Am I allowed to drive alone with my provisional license as long as the car I'm driving is insured by my parents? (California)""
Would having a Dodge Charger raise your insurance cost?
I'm almost 17 and got my liscense a few months ago and I can get pretty much any reasonble car i want. I'm leaning on getting a used charger (not new cos im prob gonna reck it or at least mess it up). I was just wonder will it raise my insurance up just bc its a Charger? (I already know my age and new driver will be more expensive)
How is car insurance calculated?
I'm 16 and I'm buying a used car, need to know how car insurance can be calculated. Also what attributes of a car make it cost more?""
Would I need auto insurance if Im driving a motorcycle/scooter with a Motorcycle Instruction Permit in AZ?
I am thinking about purchasing a Yamaha Vino (2004-08 model) and also I will be obtaining my Motorcycle Instruction Permit. I would like to know if I would need any form of auto/motorcycle insurance while practicing with my permit. If so, how much would it cost me per month (rough estimate)? I am 16 years old btw.""
Will Progressive insurance do this for me?
Progressive advertises that they show you the rates of other insurance companies as well as theirs. I am a current long time customer of Progressive and want to shop to around for cheaper options. If I call Progressive, will they give me the quotes of other insurance companies without me having to shop around?""
What do you mean by car insurance quotes?
What do you mean by car insurance quotes?
Auto Insurance coverage -- How much Liability and Medical?
I got a couple of questions about about auto insurance coverage. Namely, what's the best amount of liability and medical coverage to select. 1) For the liability, I know it's wise to get the best liability that one can afford to cover your assets. But how about if one also gets umbrella coverage. For example, if one gets an umbrella coverage at a $2 million limit and the liability limit for the auto insuarance is $300,000 or $500,000, does it make sense to select the $500,000 or is it better to select the $300,000 limit since the umbrella coverage would kick in? 2) for medical, is this redundant coverage and not needed because wouldn't the liability portion also cover medical expenses? Or is it wise to get this, for example, if a passenger is not insured (no health insurance), so the medical part would help out in that case? Thanks.""
My car was wrecked and the insurance company paid to have it fixed. Now they have found something they missed?
After paying out around 12,000 to fix my car (body damage only, but new car so everything came from factory) we found out there is something else that needs to be fixed and because the car is so new and they don't make parts for it, whole transmission needs to be replaced, even though nothing it actually wrong with it. Now insurance wants to total my car. I have gap coverage and want to know my options if i would like to keep my car and have transmission fixed myself. At first insurance told me they would pay off car, I keep it and get settlement money, then they told me no settlement money, but I would get to keep car with salvage title and it would be paid off, now they are saying they r trying to make sure I can keep it at minimal cost to me . The lien holder says if the insurance pays it off, they (lien holder) will not allow me to keep the car. If the insurance pays for it, isn't it their option to allow me to keep the car or not? What are my options?""
How much would motorcycle insurance be in ontario?
Okay, so I turned 16 this past december and I am getting a motorcycle. I'm also doing a motorcycle safety course which I heard decreases your insurance. My first day at the course is today and I should have a m2 by April 3rd (I got my m1 on Feb 1st). I'm getting a used Kawasaki Ninja 250r, probably between the years of 2008-2010. I will probably get the bike for around $3800. (the Kawasaki Ninja is $1000 more expensive in Canada than USA). I live on the edge of Brampton, Ontario, very close to where the farms start (literally almost on the edge of Brampton). I will be driving for 2 or 3 days a week for pleasure. Not really going to take it anywhere besides taking it to my school occasionally. My driving record is clean. So, how much do you think I will have to pay and can you recommend me some companies but please give me a estimate of how much you think I'll have to pay. Lastly, my area has no crime rates and I think that I live in a safe neighbourhood.""
How much is car insurance monthly for a new driver in Indiana about?
thanks :)
Can you insure a car without a company?
Do you have to go through a company to insure your car, or can you do it yourself? What I mean is that you could put a large sum of money to one side in a deposit and get back what wasn't spent on claiming. This system works for appartment renting, so why not car insurance? Does it exist? Should it exist?""
What are insurance rates on a ninja zx 6r?
What are insurance rates on a ninja zx 6r?
Car insurance renewal & no claims certificates?
My car insurance is up for renewal soon, I had 1 year no claims before the current policy (but no certificate to prove it) and havent claimed during it. When I renew I like to look for the best price which may mean not sticking with my current insurer. If I change insurer and they ask to see proof of my no claims how can I prove I have 2 years? Will my current insurer issue me with a certificate saying 2 years (1 year with them added to the 1 year beforehand) or just 1 year? The other issue is that surely this certificate will arrive AFTER I want to begin my new policy?? Any advice would be much appreciated""
Car insurance want to know the outcome of trial?
So 2 years ago I won a court case against someone who crashed into me. They Never Never helped me in court at all. I didnt even get to use it After the car crash since the other person insurance expired. Anyway they now sent a paper asking What happened in the case.why?. What can they gain from it? And further more I am not in that car insurance anymore. I haven't been for months.
America - Are you legally required to get Car Insurance?
In the UK you can't go on the road without insurance, is this the same in america?""
Does AAA have good auto insurance?
Does AAA have good auto insurance?
Car scratch - insurance rates?
How much would by insurance rate go up by if I caused a 750 dollar car scratch to another vehicle? My insurance rate monthly is at 62 dollars. I just want to know if that could double or be extremely drastic because i don't know if it would be better to just pay out of my own pocket. thx
Cancelling car insurance?
if i decided to cancel my car insurance and go elsewhere would i have to pay a cancellation fee? if so how much is this likely to be? im with m&s (underwritten by bisl). also will my previous ncd be void because i wont have completed this current year due to cancelling early?
Can anyone recommend me high school football insurance?
Last year I signed up for insurance called Myers-Stevens, and they covered me only $500 out of $15000 for out-patient surgical equipment fees for my ACL Reconstruction. What the f*** man, do they use arthroscope once and throw it away or something? however, they are the worst school insurance you could get. Can someone recommend me a good High School Tackle Football Insurance Program that actually covers the accidents and injuries? So I have no fear of playing football in fear of getting injured and its high-cost medical bills I have to pay? I live in Southern-California, Los Angeles""
Youngstown Ohio Cheap car insurance quotes zip 44555
Youngstown Ohio Cheap car insurance quotes zip 44555
Car insurance to help disabled grandparents?
My grandfather is ill in hospital and my nan is finding it difficult to drive to the hospital and back on a daily basis. Aunt has MS so she cares for her too, thus I was wondering if anyone knows of a type of car insurance that will enable me to help out with their daily living. I obviously know that standard insurance would work, but I'm a 21 yo male and don't have the funds to get full independent insurance. Thanks for any help.""
How much would insurance be on a 2007 scion tc in Texas?
Im 19 and about to purchase a 07 tc, but I dont know the average cost of insurance for a tc would be""
Does it cost more to get insurance for a motorcycle?
Will the price be even higher if its a new driver on a motorcycle?
Do Liberals know that Affordable Care Act will in fact make healthcare insurance far less affordable?
On Jan. 30 the IRS released new regulations regarding Obamacare - remember that the IRS is in charge of penalizing you should you fail to purchase the mandated insurance - that included cost estimates for the plans the government will offer. Obamacare Lie #4: Obamacare will cut the cost of a typical family's premium by up to $2,500 a year. http://moneymorning.com/2013/02/08/the-7-biggest-obamacare-lies/""
What is the difference between free health care affordable and universal health care insurance?
Background, I ask many questions in regards to Universal health care insurance, and many people answer with the mind set of free universal health care insurance, So I have to ask the question, does anyone know the difference between free universal health care and affordable health care insurance? I will add details as we go and this question will be put to a vote..""
How to check online what my car insurance for curtain car will be?
I dont own any car right now. Lets say i want to buy Honda civic for $4000 year 2000. I am 27 and have 4 years driving experience in US, no points. 1. how to check what my insurance will be? 2. how to search the cheapest car insurance on the mkt for beginners like me? Thank you.""
What is the best car insurance company?
I need full coverage car insurance on my truck but I don't know who to get can some one help me
Is insurance on jeeps more expensive?
im thinking of buying a jeep 1995 or older most likly (YJ, TJ) do they tend to be more or less expensive on insurance then the average car?""
Would it be a good idea for insurers to give a % of income they give out in claims?
We all look for the cheapest premium, but we have no idea how they would perform if you had to claim. I heard somewhere that car insurers give out much more that household insurance (or vice versa) and can't understand why.""
""If the other guy's insurance pays for damages, does that show up as points that cost me with my insurance?""
My son was rear-ended today. Damage appears minimal, but there is damage. If he has the damages paid for by the insurance company of the man who ran into his car will that cause my son's insurance rates to increase? I seem to recall that insurance companies share information, but am not sure about this issue. Thanks in advance!""
How much is a ticket for driving without insurance in washington state?
I pay almost $900 every six months and I'm sick of it. I've never been pulled over and I only commute 6 miles to work and an occasional trip to the grocery store. It sounds like it would be cheaper risking getting pulled over and get a ticket than to pay the insurance. Anybody have an idea how much the ticket would be?
What does employer sponsored health insurance means?
I know my company offers health insurance but dont understand what sponsored means. Also if I apply for a low income health plan through the state will I be disqualified because the company I work for offers health insurance. FYI the rates that my company offers are insanely high and I cant afford them.
International medical insurance for US-medical trip?
I have a condition that might require surgery in the US, but I don't live there. Please can you recommend an international medical insurance that can cover the surgerical expenses when the need arises? Or anytime i should make a medical -trip to the US?""
Got a ticket and insurance doubled NJ?
I got a ticket on my very first day of driving for an illegal left turn (one of those that you cant make during certain hours unless you are a resident of the street). I got the ticket with 3 points, i went to court and paid off all 3 points and got unsafe driving under my name hoping that it wouldn't affect my insurance, which was under my dads name (Allstate). Even with paying off the points my insurance still doubled. Now my question is, is there anything I can do to lower my insurance? Maybe I can take a course somewhere. Are me and my dad better off looking for a new insurance company? Maybe i should drop my car from my insurance and taking the bus again? If there isn't anything I can do, how long will it take for my insurance to drop again? Right now we are all in hard times and i made it much worse for my family, any help would be greatly appreciated.""
""Motor Trader Insurance Regulations, what are the rules?""
I currently work for a company and drive a modified vehicle for them. It is not modified for speed but for a specific purpose. Anyway I would like to steal their idea and have tried to look for insurance for a similar vehicle (which I would construct). My insurance quote has come back as almost 4000, but I have discovered that they use motor trader insurance to cover themselves. So what are the rules with motor trader insurance, do I need to buy and sell some cars? do I need to be a registered LTD company? What would qualify me for motor trader insurance? UK Answers only please (as the rules are likely to be different in different countries). Thanks SPAMMY PEOPLE SHOULD BE KILLED IN A HUMILIATING AND PAINFUL WAY. IF YOU SPAM THIS QUESTION I WILL REPORT YOU.""
What are good sites to get multiple car insurance quotes all at once so you can compare?
I don't mean individual insurance companies like geico or all-state, I mean where it can do the quotes for multiple companies at a time. Know any safe & legit websites? I don't want to put my personal info just anywhere.""
At what percentage of a car's value does an insurance company total the car?
My car got wrecked and it was my fault. No other cars were involved. I can't afford to have car payments if my insurance company totals the car. It is fully paid for and I have full coverage. If I make the claim to them, at what percentage of the car's value would the insurance company consider it totaled?""
How do you get help if your pregnant and need insurance?
I applied to Medical but they are taking forever. I think I might already be in my second trimester but have not seen a doctor, so I have no idea. I lost my job but my husband works for the county here in California. His paycheck shows a gross of 1517 every two weeks but this is because the county is weird and includes his crappy insurance as his earnings. His taxable earnings are only 1280 a every two weeks and his net pay is only 1022 every two weeks. I also am willing to do AIM but you have to meet make less than 4400 and a min of 2935 a month. I'm just so tired of the run around and want to see a doctor. I'm really worried, this is my first baby. We are barely making ends meet here in California, we should qualify for Medi cal right? Thanks for your help in advance.""
Can I get around paying really high price for Car Insurance being only 19yrs old>?
I am 19, dont want to pay high price for car insurance. My friend said I can do this: find a cheap insurance company for my dad/mum to get insured on the the nice car (e.g. BMW) just them, not have me on it aswell, then find the cheapest car to insure with co-op, with me under my mum or dad, altogether it shouldnt be more than 2k and you I can drive the beemer, as long as the beemer is registered in my dad/mums name. Can somebody tell me if this would actually work or not? Please no philosophical answers or opinions on right or wrong or against the law - I dont give a F**k. Just want to know whether this would work or if anybody else has any ideas 10 September at 23:00""
Car Insurance in Northern NJ?
Hello, How much do a couple pay on an average for car insurance premiums in Northern NJ? I am insured with liberty mutual and my monthly commitment is close to $140, I have a clean driving history and no claims in the past. Culd you suggest how I cut down on my premiums? Also the best car insurance company in the tri state area.""
If you get a ticket for expired meter does your insurance go?
I just got a ticket for expired meter will your insurance go up because I don't want my mother to know about it
In the uk what car is the cheapest for insurance?
i want to buy a car but the insurance is too much so I want to know what car is cheap to insure
Can car insurance companies pull your insurance without notifying you?
My girlfriend is at university and just seen that her car insurance has paid a sum of money back into her bank account and after checking the dvla website it currently says her car in not insured! Can an insurance company pull the insurance without notifying her of why its been done and when it was done as the policy was taken out about a month go. Where does she stand legally too? many thanks for your help D.
Do foster kids get health insurance? Any insurance?
suppose a adoptive kid w/ parents w/no health insurance. the adoption gets dissrupted and now they live in a foster home.
Car insurance is cheaper with a smaller engine right?
I've been thinking about getting a Corsa, which I think could save alot on Car Insurance due to it having a smaller engine. Anyone with a Corsa know how much it roughly costs, I'm 18 and hoping to pass my test later this month.""
Youngstown Ohio Cheap car insurance quotes zip 44555
Youngstown Ohio Cheap car insurance quotes zip 44555
https://www.linkedin.com/pulse/car-crash-my-fault-affect-cost-insurance-daniel-mccullough/"
0 notes
samuelfields · 7 years ago
Text
The Main Reasons To File A Tax Extension Beyond Late K-1s
For the past several years I’ve filed a tax extension. A tax extension allows taxpayers to file for a six-month extension if they need more time to prepare their tax returns. The neat thing is that you can obtain an extension for any reason, so long as you submit Form 4868 electronically or on paper by the April filing deadline.
By filing a tax extension, you’ll also avoid failure-to-file penalties, which can add up to 25% of the tax due. That said, you must still pay your estimated taxes if you owe anything by the April deadline, despite getting an extension.
So why the heck would anybody file an extension? Here are the main reasons.
Main Reasons To File An Extension
1) Your K-1s are late. Late K-1s are by far the main reason why taxpayers need to file an extension. A K-1 is a document given to partners in a business, S-Corporations, or trust and estate beneficiaries. Most of people who get K-1s are investors in private businesses. For businesses that operate as partnerships, it’s the partners who are responsible for paying taxes on the business’ income, not the business.
I’ve got to file an extension this year because the K-1s for my private gin investment and one venture debt fund are late. I’m pleased to have received my real estate crowdfunding K-1s on time. What I’m also thankful for is that I received only one K-1 for my RealtyShares equity fund, which has 17 investments. Although I was guided that I would only receive one K-1 for the fund, instead of one K-1 for each investment in the fund, I wasn’t sure until I finally got the document. Hooray!
All it takes is one partnership to delay sending in a K-1 for you to need to file an extension.
2) Your 1099 forms are late or inaccurate. If you do any freelance type of work, you might never receive a 1099-MISC due to negligence. Or more commonly, the document was sent, but sent to a different address. Once you realize the document was sent to the wrong address, it may take time for the company to get back to you and resend your 1099-MISC.
Sometimes, a company you worked for may go out of business, as was the case with one startup I consulted for several years ago. Sometimes, the data may be inaccurate. For example, the company might have double counted or overlooked some of your invoices. Or you might have asked the company to switch from paying you money as a sole proprietor to paying your S-corp if you incorporate halfway through the year, and as a result they might not issue you a 1099-MISC because 1099-MISC are not necessary if you are doing business with another corporation.
Related: How To Be A Rockstar Freelancer And Make More Than You Would At A Day Job
3) You’re out of town for an extended period of time. Doing your taxes takes a lot of paperwork. Thankfully, most documents can be downloaded online. But some documents are not available online and must be snail mailed to an address. If you so happen to be traveling for several months at a time, then you need an extension.
I personally print out all my documents so I can look at them on my desk and input the numbers in my tax preparation software. To have to toggle between pages on my 13″ monitor would be a royal pain.
4) You might be superstitious about an audit. Some tax professionals theorize that filing an extension will decrease your odds of being audited, since IRS auditors must meet quotas in the first half of the year. Of course nobody knows whether this is true or not, but the earlier a return is filed, the longer it is in the system and thus subject to a review.
On the flip side, filing an extension might expose you to a greater risk of audit because there are less tax filings for the IRS to review. If you do your taxes to the best of your ability, then you shouldn’t have to worry about an audit.
5) A major life event occurs around the deadline. Sometimes there are things that are much more important than filing your taxes by the April deadline. You might have lost a loved one or you might have gained a loved one through an emergency c-section that requires you and your partner to be in the hospital for a week. Other times, you might get married or go through a divorce which can complicate a tax situation. Or perhaps your business or a business you invested in goes bankrupt or gets bought for big bucks.
6) Retroactive changes to the tax law after the April deadline that may benefit you. In rare instances, tax laws may change to your benefit. Instead of having to spend extra time, stress, and expense filing an amendment, you can just file an extension, hope that a beneficial tax law gets finalized, and then you’re good to go. But in general, you can’t do much to change your past income and expenses, e.g. can’t suddenly buy a new SUV this year to deduct for last year.
Don’t File An Extension Because You Can’t Pay
Filing an extension only gives you extra time to file, but not extra time to pay. If you can’t pay what’s owed by April and end up not paying until October due to an extension, you will get hit with penalties and interest.
Here is what to do if you can’t pay all your taxes by the due date according to the IRS.
1) File on time and pay as much as you can.  File on time to avoid a late filing penalty. Pay as much as you can to reduce interest charges and a late payment penalty. You can pay online, by phone, or by check or money order.
2) Get a loan or use a credit card to pay your tax. The interest and fees charged by a bank or credit card company may be less than IRS interest and penalties. This has to be the worst advice, and it goes to show how the government doesn’t care how they get their money, just so long as they do.
3) Use the Online Payment Agreement tool.  You can also file Form 9465, Installment Agreement Request, with your tax return. You can even set up a direct debit agreement. With this type of payment plan, you won’t have to write a check and mail it on time each month. It also means you won’t miss payments that could lead to more penalties.
Not having a complicated tax return that needs an extension filing is one of the great benefits of simplifying your investments. My finances have gotten way too complicated over the years that I’m considering hiring a money manager + tax adviser combo. That said, I still enjoy learning all I can about taxes.
Filing an extension is a nice option, but it makes me have to revisit my taxes all over again once I get all my K-1s. That’s extra time that can be spent doing something more fun, like throwing a hot tub party at my secret hideaway in Hawaii for all readers who share my work.
Related: How To Pay Little To No Taxes For The Rest Of Your Life
The post The Main Reasons To File A Tax Extension Beyond Late K-1s appeared first on Financial Samurai.
from Finance https://www.financialsamurai.com/the-main-reasons-to-file-a-tax-extension-beyond-late-k-1s/ via http://www.rssmix.com/
0 notes
ronaldmrashid · 7 years ago
Text
The Main Reasons To File A Tax Extension Beyond Late K-1s
For the past several years I’ve filed a tax extension. A tax extension allows taxpayers to file for a six-month extension if they need more time to prepare their tax returns. The neat thing is that you can obtain an extension for any reason, so long as you submit Form 4868 electronically or on paper by the April filing deadline.
By filing a tax extension, you’ll also avoid failure-to-file penalties, which can add up to 25% of the tax due. That said, you must still pay your estimated taxes if you owe anything by the April deadline, despite getting an extension.
So why the heck would anybody file an extension? Here are the main reasons.
Main Reasons To File An Extension
1) Your K-1s are late. Late K-1s are by far the main reason why taxpayers need to file an extension. A K-1 is a document given to partners in a business, S-Corporations, or trust and estate beneficiaries. Most of people who get K-1s are investors in private businesses. For businesses that operate as partnerships, it’s the partners who are responsible for paying taxes on the business’ income, not the business.
I’ve got to file an extension this year because the K-1s for my private gin investment and one venture debt fund are late. I’m pleased to have received my real estate crowdfunding K-1s on time. What I’m also thankful for is that I received only one K-1 for my RealtyShares equity fund, which has 17 investments. Although I was guided that I would only receive one K-1 for the fund, instead of one K-1 for each investment in the fund, I wasn’t sure until I finally got the document. Hooray!
All it takes is one partnership to delay sending in a K-1 for you to need to file an extension.
2) Your 1099 forms are late or inaccurate. If you do any freelance type of work, you might never receive a 1099-MISC due to negligence. Or more commonly, the document was sent, but sent to a different address. Once you realize the document was sent to the wrong address, it may take time for the company to get back to you and resend your 1099-MISC.
Sometimes, a company you worked for may go out of business, as was the case with one startup I consulted for several years ago. Sometimes, the data may be inaccurate. For example, the company might have double counted or overlooked some of your invoices. Or you might have asked the company to switch from paying you money as a sole proprietor to paying your S-corp if you incorporate halfway through the year, and as a result they might not issue you a 1099-MISC because 1099-MISC are not necessary if you are doing business with another corporation.
Related: How To Be A Rockstar Freelancer And Make More Than You Would At A Day Job
3) You’re out of town for an extended period of time. Doing your taxes takes a lot of paperwork. Thankfully, most documents can be downloaded online. But some documents are not available online and must be snail mailed to an address. If you so happen to be traveling for several months at a time, then you need an extension.
I personally print out all my documents so I can look at them on my desk and input the numbers in my tax preparation software. To have to toggle between pages on my 13″ monitor would be a royal pain.
4) You might be superstitious about an audit. Some tax professionals theorize that filing an extension will decrease your odds of being audited, since IRS auditors must meet quotas in the first half of the year. Of course nobody knows whether this is true or not, but the earlier a return is filed, the longer it is in the system and thus subject to a review.
On the flip side, filing an extension might expose you to a greater risk of audit because there are less tax filings for the IRS to review. If you do your taxes to the best of your ability, then you shouldn’t have to worry about an audit.
5) A major life event occurs around the deadline. Sometimes there are things that are much more important than filing your taxes by the April deadline. You might have lost a loved one or you might have gained a loved one through an emergency c-section that requires you and your partner to be in the hospital for a week. Other times, you might get married or go through a divorce which can complicate a tax situation. Or perhaps your business or a business you invested in goes bankrupt or gets bought for big bucks.
6) Retroactive changes to the tax law after the April deadline that may benefit you. In rare instances, tax laws may change to your benefit. Instead of having to spend extra time, stress, and expense filing an amendment, you can just file an extension, hope that a beneficial tax law gets finalized, and then you’re good to go. But in general, you can’t do much to change your past income and expenses, e.g. can’t suddenly buy a new SUV this year to deduct for last year.
Don’t File An Extension Because You Can’t Pay
Filing an extension only gives you extra time to file, but not extra time to pay. If you can’t pay what’s owed by April and end up not paying until October due to an extension, you will get hit with penalties and interest.
Here is what to do if you can’t pay all your taxes by the due date according to the IRS.
1) File on time and pay as much as you can.  File on time to avoid a late filing penalty. Pay as much as you can to reduce interest charges and a late payment penalty. You can pay online, by phone, or by check or money order.
2) Get a loan or use a credit card to pay your tax. The interest and fees charged by a bank or credit card company may be less than IRS interest and penalties. This has to be the worst advice, and it goes to show how the government doesn’t care how they get their money, just so long as they do.
3) Use the Online Payment Agreement tool.  You can also file Form 9465, Installment Agreement Request, with your tax return. You can even set up a direct debit agreement. With this type of payment plan, you won’t have to write a check and mail it on time each month. It also means you won’t miss payments that could lead to more penalties.
Not having a complicated tax return that needs an extension filing is one of the great benefits of simplifying your investments. My finances have gotten way too complicated over the years that I’m considering hiring a money manager + tax adviser combo. That said, I still enjoy learning all I can about taxes.
Filing an extension is a nice option, but it makes me have to revisit my taxes all over again once I get all my K-1s. That’s extra time that can be spent doing something more fun, like throwing a hot tub party at my secret hideaway in Hawaii for all readers who share my work.
Related: How To Pay Little To No Taxes For The Rest Of Your Life
The post The Main Reasons To File A Tax Extension Beyond Late K-1s appeared first on Financial Samurai.
from https://www.financialsamurai.com/the-main-reasons-to-file-a-tax-extension-beyond-late-k-1s/
0 notes
elizabethcariasa · 7 years ago
Text
17 last-minute tax filing tips
Source: CafePress tax jigsaw puzzle
Still trying to put the pieces of your Form 1040 (or 1040A or even 1040EZ) together? Time's running out. Tax Day is almost here.
Since the tax filing deadline is April 17 this year, here are 17 tax tips. Not only do they earn this week's By the Numbers honor, some could help you put together a return to send to Uncle Sam on time and at the least possible tax cost to you.
1. File on time. Yes, this first tip is obvious, but a lot of people let the filing date slip by even in years, like 2018, where we get a couple of more days to send the Internal Revenue Service our tax returns. So set your electronic calendar alarm. Your taxes are due on Tuesday, April 17, by midnight your local time. Or by the time your U.S. Post Office affixed the April 17 postmark if you're snail mailing a paper tax return.
2. Make sure you know, and report, how much you made. A lot of filers need just one piece of income documentation to file, the W-2 form their employer sent them. But others had some side hustles. In some of those cases, a 1099 form was issued. In all these earning cases, the IRS also got copies of these forms. So the agency will know if you forgot any income. That will get you at least a mailed notice and will slow down the processing of your return and issuance of any refund. So double check your tax-related documents and be sure to report all your income, be it from a salaried job, side jobs or even gambling or prize winnings.
3. Decide which deduction method to use. Most taxpayers claim the standard deduction. If you can do that, good. It's easier and the amount to claim if found right on your 1040. For 2017 returns, that's $6,350 for individual filers; $9,350 if you're a head of household; or $12,700 if you and your spouse file jointly. But you want to use the deduction method that gives you the most tax advantage. If you had a lot of expenses last year that you can itemize and they add up to more than your standard amount (adjusted each year for inflation), which is based on your filing status, then you need to itemize. Sorry. It is extra work, but it's worth it when it comes to tax savings.
4. Choose the correct filing status. In addition to determining your standard deduction amount, your filing status also affects some tax breaks you might be able to claim. So make sure you pick the correct one of the five filing status options you can use.
5. Add up your medical costs. These doctor and dentist visits are what prompt many filers to itemize. And if you saw a lot of medical personnel (or had some of the many other allowable medical costs) last year, you get a break this filing season. One of the few Tax Cuts and Jobs Act (TCJA) changes that affects the 2017 tax year is the one that lowered the Schedule A threshold for claiming medical costs from 10 percent to the prior 7.5 percent cap. That reduction is for the 2017 and 2018 tax years.
6. Don't forget about Obamacare. Speaking of medical, don't forget about the Affordable Care Act, aka Obamacare, penalty for not having acceptable medical coverage. That tax price is still in effect for 2017 returns. Most taxpayers will let this IRS know this by checking the box on line 61 of Form 1040, line 38 on Form 1040A or line 11 on Form 1040EZ.
7. Don't overlook other itemized deductions. While medical costs can be a big part of itemized claims, there are other ways to reduce your adjusted gross income to a lower taxable amount. And you want to make sure you claim as many of these itemized deductions that you can on your 2017 return, since many of them will be changed or eliminated in 2018 thanks to the TCJA.
8. Add up your noncash charitable donations. If you're philanthropic, your donations can help if you itemize. But it's not just cash gifts to nonprofits that count. Gifts of clothing and household goods that are in good or better shape also can be claimed at their fair market value. Some miles you drive in your personal vehicle helping out your favorite charity also can be claimed at 14 cents per mile.
9. Contribute to or open an IRA. As noted in my earlier post on 10 tax tasks to take care of by April 17, opening this type of retirement account is one of the few tax breaks you can take after the end of a tax year. You have until the April filing deadline to open an IRA, either Roth or traditional, for the prior tax year. If you're deducting a traditional IRA contribution, it could help cut your tax bill. If you opt for a Roth contribution, that doesn't produce an immediate tax break, but putting money into that account for 2017 will allow you to max out your contributions for that tax year. And by saving as much as you can now, you'll have a more comfortable retirement later.
10. Look into the Saver's Credit. Another bonus to contributing to a retirement account, either an IRA now or any time last year or a workplace plan (including self-employed retirement plans), is that it might allow you to claim the Saver's Credit. This tax break, which by being a credit reduces your tax bill dollar-for-dollar, could cut what you owe Uncle Sam by up to $1,000. There are earnings limits, so not every retirement saver qualifies for the Saver's Credit. But you don't know for sure until you check.
11. Contribute to your Health Savings Account (HSA). Like the IRA contribution rule, you have until the filing due date, April 17 this year, to put money into your Health Savings Account (HSA). This medical account is available to folks covered under a high deductible health plan and gives them a tax-saving way to pay for their larger out-of-pocket high deductible costs. An HSA bonus is its flexibility. You can use HSA funds to pay for current medical expenses, save for future medical expenses or even reimburse past medical expenses incurred after you established your HSA.
12. Don't overlook above-the-line deductions. Contributions to your traditional IRA, your self-employment retirement plan and HSA also can be counted as adjustments to income, or what are popularly known (at least by tax geeks) as above-the-line deductions. These 13+ write-offs found directly on Form 1040 (four of them also are on Form 1040A) help whittle down your total, gross income to your adjusted gross income (AGI). The also include alimony payments, educator expenses and student loan interest.
13. Double check your 1040. I know. By the time you finish filling out your 1040, you just want it gone. But before you drop it into the snail mail box or hit enter, give it another look. If you use tax preparation software, which most of us do, it will do a check for you. But it can't ensure that you entered in the correct amounts. And a transposed earnings amount could make a big difference, for good or ill, on your return. Math mistakes are, year-after-year, among the most prevalent filing errors. You don't want to mess up your tax math or make any of these 12 common filing mistakes.
14. File electronically. That tax software mentioned in #13 typically will let you also file your return electronically, in many cases for free. But you don't have to buy one of the boxed products. If your adjusted gross income is $66,000 or less, you can use the IRS-tax industry's Free File. Here, participating tax software companies will let you use their online products to fill out and e-file your 1040. Even if you do make more, you can use its fillable forms free fling option.
15. File your state taxes. Of the 43 states and Washington, D.C. that collect some sort of income tax, 38 of them and the District of Columbia follow the federal filing deadline. Some of the Free File products allow for free state prep and e-fling, too. Read the offers closely. Or check with your state's tax department. Many of them have their own state free filing systems.
16. Get more time. If you just can't finish your 1040, file for an extension. Submitting Form 4868 by April 17 will give you six more months to finish those forms.
17. Pay what you owe. If, however, you're asking the IRS for six more months because you don't have the monthly to pay your due taxes, fuhgeddaboudit. Filing a Form 4868 gives you added time to fill out your forms, but no extra time to pay any tax you expect you owe for the prior tax year. The form will remind you of this payment obligation, but I'm adding it here again because if you owe, you don't want to make it worse by having that amount increased by the interest and nonpayment penalties that will be added to your bill if you don't pay by April 17. If you don't have the cash on hand but your credit card can handle it, you can use that to e-pay. Note, however, that credit payments include a processing fee charged by the vendors. Or you can set up a payment plan with the IRS by sending the agency Form 9465, Installment Agreement Request, or by using the IRS' Online Payment Agreement Application. In any case, pay as much as you can toward your bill to show the IRS that you know you owe and you're trying to meet your tax obligation.
Yeah, I know this is a lot with just a few days left until the due date. But hopefully, as long-time readers of the ol' blog, you've already considered most of these.
If not, I hope you've got some new and helpful ideas on how to more easily file and perhaps reduce your tax bill.
And regardless of whether you'll still be working on your 1040 on Tuesday or filed months ago, be sure to reward yourself on April 17 by taking advantage of these Tax Day discounts and freebies.
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christophergill8 · 7 years ago
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17 last-minute tax filing tips
Source: CafePress tax jigsaw puzzle
Still trying to put the pieces of your Form 1040 (or 1040A or even 1040EZ) together? Time's running out. Tax Day is almost here.
Since the tax filing deadline is April 17 this year, here are 17 tax tips. Not only do they earn this week's By the Numbers honor, some could help you put together a return to send to Uncle Sam on time and at the least possible tax cost to you.
1. File on time. Yes, this first tip is obvious, but a lot of people let the filing date slip by even in years, like 2018, where we get a couple of more days to send the Internal Revenue Service our tax returns. So set your electronic calendar alarm. Your taxes are due on Tuesday, April 17, by midnight your local time. Or by the time your U.S. Post Office affixed the April 17 postmark if you're snail mailing a paper tax return.
2. Make sure you know, and report, how much you made. A lot of filers need just one piece of income documentation to file, the W-2 form their employer sent them. But others had some side hustles. In some of those cases, a 1099 form was issued. In all these earning cases, the IRS also got copies of these forms. So the agency will know if you forgot any income. That will get you at least a mailed notice and will slow down the processing of your return and issuance of any refund. So double check your tax-related documents and be sure to report all your income, be it from a salaried job, side jobs or even gambling or prize winnings.
3. Decide which deduction method to use. Most taxpayers claim the standard deduction. If you can do that, good. It's easier and the amount to claim if found right on your 1040. For 2017 returns, that's $6,350 for individual filers; $9,350 if you're a head of household; or $12,700 if you and your spouse file jointly. But you want to use the deduction method that gives you the most tax advantage. If you had a lot of expenses last year that you can itemize and they add up to more than your standard amount (adjusted each year for inflation), which is based on your filing status, then you need to itemize. Sorry. It is extra work, but it's worth it when it comes to tax savings.
4. Choose the correct filing status. In addition to determining your standard deduction amount, your filing status also affects some tax breaks you might be able to claim. So make sure you pick the correct one of the five filing status options you can use.
5. Add up your medical costs. These doctor and dentist visits are what prompt many filers to itemize. And if you saw a lot of medical personnel (or had some of the many other allowable medical costs) last year, you get a break this filing season. One of the few Tax Cuts and Jobs Act (TCJA) changes that affects the 2017 tax year is the one that lowered the Schedule A threshold for claiming medical costs from 10 percent to the prior 7.5 percent cap. That reduction is for the 2017 and 2018 tax years.
6. Don't forget about Obamacare. Speaking of medical, don't forget about the Affordable Care Act, aka Obamacare, penalty for not having acceptable medical coverage. That tax price is still in effect for 2017 returns. Most taxpayers will let this IRS know this by checking the box on line 61 of Form 1040, line 38 on Form 1040A or line 11 on Form 1040EZ.
7. Don't overlook other itemized deductions. While medical costs can be a big part of itemized claims, there are other ways to reduce your adjusted gross income to a lower taxable amount. And you want to make sure you claim as many of these itemized deductions that you can on your 2017 return, since many of them will be changed or eliminated in 2018 thanks to the TCJA.
8. Add up your noncash charitable donations. If you're philanthropic, your donations can help if you itemize. But it's not just cash gifts to nonprofits that count. Gifts of clothing and household goods that are in good or better shape also can be claimed at their fair market value. Some miles you drive in your personal vehicle helping out your favorite charity also can be claimed at 14 cents per mile.
9. Contribute to or open an IRA. As noted in my earlier post on 10 tax tasks to take care of by April 17, opening this type of retirement account is one of the few tax breaks you can take after the end of a tax year. You have until the April filing deadline to open an IRA, either Roth or traditional, for the prior tax year. If you already have an IRA, either Roth or traditional, you can put tax money for the 2017 tax year into it by April 17. If you're deducting a traditional IRA contribution, it could help cut your tax bill. If you opt for a Roth contribution, that doesn't produce an immediate tax break, but putting money into that account for 2017 will allow you to max out your contributions for that tax year. And by saving as much as you can now, you'll have a more comfortable retirement later.
10. Look into the Saver's Credit. Another bonus to contributing to a retirement account, either an IRA now or any time last year or a workplace plan (including self-employed retirement plans), is that it might allow you to claim the Saver's Credit. This tax break, which by being a credit reduces your tax bill dollar-for-dollar, could cut what you owe Uncle Sam by up to $1,000. There are earnings limits, so not every retirement saver qualifies for the Saver's Credit. But you don't know for sure until you check.
11. Contribute to your Health Savings Account (HSA). Like the IRA contribution rule, you have until the filing due date, April 17 this year, to put money into your Health Savings Account (HSA). This medical account is available to folks covered under a high deductible health plan and gives them a tax-saving way to pay for their larger out-of-pocket high deductible costs. An HSA bonus is its flexibility. You can use HSA funds to pay for current medical expenses, save for future medical expenses or even reimburse past medical expenses incurred after you established your HSA.
12. Don't overlook above-the-line deductions. Contributions to your traditional IRA, your self-employment retirement plan and HSA also can be counted as adjustments to income, or what are popularly known (at least by tax geeks) as above-the-line deductions. These 13+ write-offs found directly on Form 1040 (four of them also are on Form 1040A) help whittle down your total, gross income to your adjusted gross income (AGI). The also include alimony payments, educator expenses and student loan interest.
13. Double check your 1040. I know. By the time you finish filling out your 1040, you just want it gone. But before you drop it into the snail mail box or hit enter, give it another look. If you use tax preparation software, which most of us do, it will do a check for you. But it can't ensure that you entered in the correct amounts. And a transposed earnings amount could make a big difference, for good or ill, on your return. Math mistakes are, year-after-year, among the most prevalent filing errors. You don't want to mess up your tax math or make any of these 12 common filing mistakes.
14. File electronically. That tax software mentioned in #13 typically will let you also file your return electronically, in many cases for free. But you don't have to buy one of the boxed products. If your adjusted gross income is $66,000 or less, you can use the IRS-tax industry's Free File. Here, participating tax software companies will let you use their online products to fill out and e-file your 1040. Even if you do make more, you can use its fillable forms free fling option.
15. File your state taxes. Of the 43 states and Washington, D.C. that collect some sort of income tax, 38 of them and the District of Columbia follow the federal filing deadline. Some of the Free File products allow for free state prep and e-fling, too. Read the offers closely. Or check with your state's tax department. Many of them have their own state free filing systems.
16. Get more time. If you just can't finish your 1040, file for an extension. Submitting Form 4868 by April 17 will give you six more months to finish those forms.
17. Pay what you owe. If, however, you're asking the IRS for six more months because you don't have the monthly to pay your due taxes, fuhgeddaboudit. Filing a Form 4868 gives you added time to fill out your forms, but no extra time to pay any tax you expect you owe for the prior tax year. The form will remind you of this payment obligation, but I'm adding it here again because if you owe, you don't want to make it worse by having that amount increased by the interest and nonpayment penalties that will be added to your bill if you don't pay by April 17. If you don't have the cash on hand but your credit card can handle it, you can use that to e-pay. Note, however, that credit payments include a processing fee charged by the vendors. Or you can set up a payment plan with the IRS by sending the agency Form 9465, Installment Agreement Request, or by using the IRS' Online Payment Agreement Application. In any case, pay as much as you can toward your bill to show the IRS that you know you owe and you're trying to meet your tax obligation.
Yeah, I know this is a lot with just a few days left until the due date. But hopefully, as long-time readers of the ol' blog, you've already considered most of these.
If not, I hope you've got some new and helpful ideas on how to more easily file and perhaps reduce your tax bill.
And regardless of whether you'll still be working on your 1040 on Tuesday or filed months ago, be sure to reward yourself on April 17 by taking advantage of these Tax Day discounts and freebies.
Advertisement
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from Tax News By Christopher http://www.dontmesswithtaxes.com/2018/04/last-minute-tax-filing-tips.html
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christophergill8 · 8 years ago
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Why we put off filing our taxes and how to stop it
The 2017 tax filing season has been officially underway for just more than a week. Lots of folks have already filed their returns.
The Ally Bank fortune cookie I got at FinCon16 last September was already planning for this filing season. And yes, after acknowledging the good tax advice, I ate the cookie!
And, according to ecstatic posts on social media, some have received their refunds.
Other taxpayers, however, are waiting to file.
Form-ulaic delay: Why the delay. In a lot of cases, folks haven't yet received their W-2s, 1099s and other documents with the data necessary to fill out 1040s.
As soon as those arrive, which should be soon since today, Jan. 31, is the deadline for many tax statements to be sent, they'll complete their 2016 tax returns.
Still others will wait until April 18 (yes, the filing deadline this year is again tailor-made for procrastinators) or even Oct. 16 (yes, the extended due day is later, too) if they file Form 4868 to get six more months to fill out the appropriate tax forms.
Such tax procrastination comes even from those who will, eventually, get refunds.
So why do we put off tax tasks? Here are three big reasons.
1. Afraid of the tax process: Fear is part of it. That's understandable. Taxes, in general, can be -- are -- scary.
A lot of us are afraid of making a mistake on our taxes. That's understandable, too.
Taxes can be complicated, even when you use tax software or hire a tax professional. And everyone, and everything, makes mistakes, including taxpayers, tax software and tax pros.
But an error or two can be corrected (yay 1040X!), either by you when you catch it early or later when the IRS finds it. It's better to get your taxes done by deadline rather than not file at all.
And fear of tax errors can breed even more errors. By putting off your tax task until the last minute, you're likely to find yourself in a rush, bringing to mind that old saying haste makes waste.
It's better to give yourself (or your tax preparer) enough time to file your return as accurately as possible than to force finish your 1040 at the very last minute.
2. No money: While it's true that some who get refunds also delay filing, most tax procrastinators owe the U.S. Treasury. If you don't have the cash to cover that tax liability, you're not going to be in a big hurry to fill out your return.
So you reason that by putting off your filing, you'll have more time to come up the money to pay your tax bill. That could be true. Or not.
If you're still short as April arrives, file by the deadline anyway and pay what you can.
Then set up a payment plan with the Internal Revenue Service to cover the rest. It's much cheaper in the long run to pay some interest on an installment plan than to face penalties for filing late or not filing at all.
3. Habits are hard to break: Some folks are just in the habit of putting off their taxes. They fully intend to do them, but later. And later it is every year.
I can see that. If you don't file until mid-April every year, you've already got that space set aside in your head and literally on your calendar to deal with your filing then.
And if you push your returns until October, the idea of doing them again early in the next year is inconceivable. You just did that a few months ago!
Justifiable document delays: Some of us have legitimate reasons for postponing tax filing.
We're waiting for tax documents we need to complete our returns. Although most of those, like the W-2 and 1099-MISC, are required to at least be on their way to taxpayers by Jan. 31, if they're sent by snail mail, it could take a week or so for them to arrive.
Other documents get even longer before they must be sent.
Small business owners, especially sole proprietors, also can benefit from not rushing into filing.
You need to make sure you have all your business expense receipts in order, have all the info necessary to claim your mileage and home office, and have taken advantage of your retirement plan contributions.
Extra time to add to a retirement account: While anyone with an IRA, either Roth or traditional, can contribute to that account for the previous tax year by the April filing deadline, self-employed folks have even longer.
You can open and contribute to a simplified employee pension, or SEP, retirement plan up to your return's due date, including the October filing deadline if you sought that extra time.
Not only do the extra six months give you added days to complete your 1040 and Schedule C, you also have more time to come up with the money to go into your self-employed retirement account by the later deadline.
And it definitely is worth contributing to your self-employed retirement plan, regardless of whether you do it sooner or later, for two reasons.
First, your future retirement will be better because of your contributions today to your account.
Second, money you put into your self-employed retirement plan is an above-the-line deduction that can make a difference in lowering your tax bill.
If I have to come up with a $1,000 or so, I'd much rather give it to myself via my SEP-IRA contribution than to Uncle Sam as a bigger tax bill.
Procrastination solutions: Regardless of why you're putting off filing, try to understand your motivations. If they're justified, fine. Take the time you need to do your taxes right.
But if you're just screwing around because you simply don't want to file, get over it. Yes, I say that to myself, too.
Then buckle down and get your tax return to the IRS. The American Institute of CPAs has some suggestions on how to stop procrastinating. 
Whatever your 1040's final result, you'll be done, at least for a while, with your taxes.
You also might find these items of interest:
2017 tax filing checklist
5 tax tips for Free File users
4 filing tips to ensure you get your tax refund ASAP
from Tax News By Christopher http://feedproxy.google.com/~r/DontMessWithTaxes/~3/GdC1pwk6WwA/why-we-procrastinate-in-filing-our-taxes-and-how-to-stop-it.html
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