Tuesday, February 24, 2009
I demand a refund!
It's tax time. I've wasted most of today trying to file my taxes with the Not-so-QuickTax software. Every year I buy QuickTax standard and it's a simple matter of plunking in some numbers and voila! the government owes me money back.
Things are a little more complicated this year. I got part way through entering stuff and realized that Standard QuickTax was not going to cut it for a year when you buy and sell a rental house, then turn your residence into a partial rental house, get a government grant, and you carry over disability amounts from an adult dependant. And what to do with the capital losses left over from selling the 100 acres?
With a few magic clicks of the mouse and disclosure of my Visa number I upgraded to QuickTax Platinum. I'm still just as lost - but thirty one dollars broker.
So now it's decision time: Do I just file with whatever way gives me the biggest refund. Do I throw in the towel and hire an accountant. Do I just pretend the whole rental house thing never happened and hold my breath for seven years hoping that I don't get audited.
Deep breath... and hold....