Post: Taxes yet?
    Posted by: Cal-Kid on 2/20/16

    Well any of you working on the dreaded tax forms yet?
    WHEW! So far teacher wife retired so many extra 1099 forms
    this year and a w-2. We already pay estimated taxes. Plus
    this year I turn 70 1/2 so the dreaded IRS RMD occurs. I
    know the amount needed to be taken out so the CPA can figure
    that into estimated taxes. Our CPA said that is a good thing
    to worry about and not a bad thing. Meaning we are set up
    for a good retirement.

    If you don't do the RMD it is a 50 percent penalty. Have to
    do it right! That is like woodshop measure twice and cut
    once!

    Hopefully this is all in the mail to the tax guy by Monday!
    He is retied and really a fair deal and good price.
    Have a nice tax season.


    Posts on this thread, including this one