Taxes Almost Done

Yes, I’m very, very close to having my taxes done. Normally I do them much earlier than this, around the end of February and first of March. But, this year at that time I was working on Preserve The Revelation and “Growing Up Too Fast”, either editing, writing, or publishing. They were done toward the end of March. I needed a break, so didn’t begin them for a few days, maybe around April 3.

I won’t take a long time explaining this. Our taxes are complicated. Our stock trading partnership, my writing sole proprietorship, my work, Lynda’s social security. It makes for lots of forms, and worksheets from the instructions. I have Excel spreadsheets built to do the calculations. All I have to do is come with the W-2, the 1099s, and deductions statements. This year my paperwork was well organized. I also have to check my spreadsheets against the forms and instructions for the tax year, in case something has changed.

I had the Federal done, and began working on the State. My spreadsheet links the State to the Federal, and rounds the Federal amounts to 00 cents, as Arkansas requires. Everything flows quickly from the Federal to the State. But, at the last minute, the State wanted me to attach Federal form 8889. I scrambled, and found that form 8889 is REQUIRED if you have an active Health Savings Account, as I do. I’d never heard of this before, but apparently I should have filed it every year since I had the HSA, about six or seven years. Since my HSA is funded with pre-tax dollars, I have no tax consequences. However, I still have to file it. I had two stressful days learning about and then completing Form 8889. But it’s done.

The status is: My Federal and State forms are done, printed, signed, copies, and mailed. My partnership calcs are done, the forms printed, and signed. All except for one form that I forgot about printing. I couldn’t do it at work today, so I’ll do it at home this evening and mail it all Monday. I also do taxes for my mother-in-law. I did the calcs on them last night, concluded she didn’t owe any taxes, and so decided to set them aside for a couple of days and take a break.

During these last two weeks, engrossed in taxes as I’ve been, I’ve done almost nothing for writing. That should change this weekend.

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