bigblue_dl
Armed
Re: Rep Retirement Thread 130: Revolutions Abound!
Good morning lodge.
Good morning lodge.
What is really going to throw my taxes into a cluster**** is when I have to fill out a Schedule F, which there is a decent chance I will next year. When it gets to that point, I'm not doing it myself.Yeah, every time you sell a stock in a taxable account, you have to log that transaction's net profit / loss on your tax return. Owning a house doesn't add *too* much time to the return - you're just entering info from a 1098 (mortgage interest / property taxes) in that case.
What will seriously throw your tax return into cluster**** territory is if you take in a roommate. Doing that will mean filling out a schedule E and having to figure out how much you paid in utilities and other such things for the year - and multiplying those amounts by the percentage of your place that you rented and the percentage of the year you rented it. Giant pain in the ****ing ***.