Bankruptcy Forum

Has anyone filed their 2008 tax returns yet?

Never_Again
01-22-2009, 05:00 PM
I just received my W-2 today, so I figured that I would complete my return. I had started one at www.taxact.com.

I had it completed in less than 20 minutes. It was a 1040 with itemized deductions. I had one advantage this year... I was 2 mortgage payments behind going into 2008. I made those payments up, in addition to making all 12 mortgage payments normally due in 2008. Then, I made sure that I paid the mortgage payment due January 1 by December 31. That is the interest on 15 payments, so it certainly beefed up the mortgage interest deduction!

I was also happy that I should have gotten $2100 for a stimulus, but only received $1500, so that is an extra $600 in tax credits!

At any rate, got a nice refund. I HATE tax refunds, so I have already modified my W-4 so that it will be much less next year!

The refund goes into my emergency fund. I have a pretty agressive goal for that, and it will be a nice start.

Did my state return online and will end up paying $36! They will get that on April 15!

So, has anyone else joined me yet?

Tbornetun
01-22-2009, 05:05 PM
I have tried but I can't finish until Feb 1st at the soonest. We pulled my husband's 401k last spring and the 1099 from them won't be available until Feb 1st. Also, I do mine on HRblock.com and they don't have the form for tuition credits ready to go yet. I guess the government was doing a last minute modification on it. Patiently waiting here, can't wait to get my cash!

BigJohn
01-22-2009, 09:27 PM
I collect Social Security disabilty so I am waiting for them to send me my W-2 for Social Security. I have all the data gathered for the business and my wife's income.

hopejones
02-01-2009, 10:26 AM
I filed my return on 1/21/09 using the TurboTax free on-line edition. It was pretty easy. I got my refund via direct deposit on 1/30/09.

wonkettegirl
02-02-2009, 10:18 AM
I filed Saturday; it was accepted by the IRS. This is my last year of a big return, I guess, since I'm giving up my house and with it, those big mortgage interest deductions!

Flowers
03-08-2009, 06:26 PM
I still owe for 2007.
So I filed an extension and will file the 2008 in May and then pay 2007.