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Author Topic: 2018 Tax Adventure  (Read 17256 times)

Offline bigrod

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2018 Tax Adventure
« on: January 31, 2019, 04:41:03 PM »
Well it is that time of the year again. Just e-filed our 2018 taxes for FREE with OLT.  Looking on the free file site at irs.gov is fun.  Age, where you live, gross income, etc all play a part in which company you can use.  Then they tell you got to pay any way!  Some get you because you have an overseas bank account and need to file an extra form etc.  Some you can only pay if you have to with a US CC/debit with US address.

Reminder us living overseas have an automatic extension to 15 Jun as long as we don't owe IRS.  If you owe still need to pay by 15 Apr.

I ended up using https://www.olt.com/main/oltfree/default.asp since they were actually free when I finally submitted the taxes.  TurboTax $39.99. TaxSlayer a charge, TaxAct a charge.  Below is the IRS website page:

     https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free                                                                                         
                                                                                                                                                                                           
Chuck
Life is  to short not to live it right the first time

Offline M.C.A.

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Re: 2018 Tax Adventure
« Reply #1 on: February 02, 2019, 08:05:40 PM »
Chuck, this link to the Federal return is free but you had to pay for the state tax?  I always get stuck paying Federal and State taxes, dang I already filed.
My views would be from someone who lives out in the province close to in-laws on a pension.  Norwegian and French heritage.

Offline bigrod

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Re: 2018 Tax Adventure
« Reply #2 on: February 03, 2019, 08:33:43 AM »
MCA.

Florida is my state so no taxes.  My retired military pay was below my deductible of $25,300 and SS was non taxable.

Chuck
Life is  to short not to live it right the first time

Offline Art, just a re(tired) Fil-Am

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Re: 2018 Tax Adventure
« Reply #3 on: February 03, 2019, 02:26:25 PM »
Just a general statement, some states you have to file state tax even if one doesn't live in her/his state of residency or non-residency.
I'm a nonresident of California and have not returned there in years, but I still have to file our state tax every year. It's no big deal I just do it and forget about it til next year.  >:( :( ??? ::) 
"Life is what we all make it to be"!
"It's always a matter of money"!
"Do on to others as they would do on to You, but do it first"!
"Different strokes for different folks"!
"Que Sera Sera"!

Offline bigrod

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Re: 2018 Tax Adventure
« Reply #4 on: February 03, 2019, 05:36:59 PM »
Art,

If any of the following apply then you are required to file in CA.

Amount of time you spend in California versus amount of time you spend outside California
Location of your spouse/RDP and children
Location of your principal residence
State that issued your driver’s license
State where your vehicles are registered
State in which you maintain your professional licenses
State in which you are registered to vote
Location of the banks where you maintain accounts
The origination point of your financial transactions
Location of your medical professionals and other healthcare providers (doctors, dentists etc.), accountants, and attorneys
Location of your social ties, such as your place of worship, professional associations, or social and country clubs of which you are a member
Location of your real estate property and investments
Permanence of your work assignments in California

My guess is you use BoA there and maybe still a DL.

They tried to get me in '68 and told them I left in '66 to join USAF.  Plus income was nontaxable because of Vietnam.  Never moved back or renewed DL, etc.   

Chuck
Life is  to short not to live it right the first time

Offline Art, just a re(tired) Fil-Am

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Re: 2018 Tax Adventure
« Reply #5 on: February 12, 2019, 01:37:01 PM »
Well it is that time of the year again. Just e-filed our 2018 taxes for FREE with OLT.  Looking on the free file site at irs.gov is fun.  Age, where you live, gross income, etc all play a part in which company you can use.  Then they tell you got to pay any way!  Some get you because you have an overseas bank account and need to file an extra form etc.  Some you can only pay if you have to with a US CC/debit with US address.

Reminder us living overseas have an automatic extension to 15 Jun as long as we don't owe IRS.  If you owe still need to pay by 15 Apr.

I ended up using https://www.olt.com/main/oltfree/default.asp since they were actually free when I finally submitted the taxes.  TurboTax $39.99. TaxSlayer a charge, TaxAct a charge.  Below is the IRS website page:

     https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free                                                                                         
                                                                                                                                                                                           
Chuck
I returned to using the new and improved Turbo Tax on-line, but they no longer do if for free unless you are 50 yrs old or younger with a gross income under $65,000 and file a simple 1040. So, I'm out due to my age.
Besides, being a California nonresident residing outside of the U.S. I still had to file a California State Tax, when one has a foreign bank account. No big deal though, at least our taxes have been filed and surprisingly got back a small refund from Federal, when in the past I used to owe Federal. I guess my correct monthly Federal withholding tax is right on the money to break even at the end of the year.  8) :o :)   
 
"Life is what we all make it to be"!
"It's always a matter of money"!
"Do on to others as they would do on to You, but do it first"!
"Different strokes for different folks"!
"Que Sera Sera"!