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Beemer

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Returns [May. 17th, 2010|05:10 pm]
Beemer
My tax return came! Hooray!

I've read horror stories about it taking up to 7 months for some people who took the new homebuyer credit to get their returns, because there's a lot of fraud-checking to do, but the IRS sent me a letter saying that they adjusted my return because I hadn't taken a credit I was owed, so they were sending me more money(!), and Greg suggested I check to see if the return had deposited, and it had!

I saw people opining online that you should include things like copies of utility bills with your return to prove that you actually live in the house, but now that I got my return fairly quickly, I'm thinking that what you should really do is follow the instructions on the form.

This weekend consisted of very little other than downtime and grocery shopping.

kung_fu_monkey gets home next Sunday!
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Comments:
[User Picture]From: nehrlich
2010-05-18 02:05 am (UTC)
Yay return! I just got mine last week as well, despite sending it in paper form on April 11th.

I was also shocked last year when my NY state return gave me an unexpected refund saying that I had missed a credit or something. I always figured nobody actually looked at these forms so it's nice to know that not only do they look at them, but they'll give money back.

And agreed on following the instructions - I've never managed to convince myself to pay for a tax accountant, because it's several hundred dollars, and I'm willing to pay myself that money to spend a few hours reading instructions :)
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[User Picture]From: ng_nighthawk
2010-05-18 03:27 am (UTC)
I think the jump to accountants is when a) you have to do more forms than you want to spend time filling out (which depends on your tolerance for paperwork--some folks have almost none) and b) when you have a lot of stuff that occupies a gray area and you really need someone with experience on how the IRS interprets things to deal with it.

Fortunately, since we've done everything online it's been fine for us. Tedious, but not hundreds of dollars worth of tedious. But I suspect a personal business, employees, inheritance, or complex investments all would nudge you toward getting some help.
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