You read the title of this correctly. I made a mistake last year, the first year I ever attempted to do my taxes myself. The IRS sent me a note early last year telling me I owed nearly $700 to the Feds which was twice the amount I had figure it. The State was okay, but the Feds took the little return to help pay my Fed debt.
So I’ve been making payments now for nearly a year, and was so happy it was down to a manageable place.
Not so! I received another letter today that tells me now I owe $868 more. I can’t believe this is happening. I called the IRS and they found another error. Why didn’t they find it the first time?
I only worked for three months last year for a pay check.
So, I’m learning to tighten up my belt, have more deducted from my pay check, which is laughable as it is, and get my taxes done by someone else this year, by people who know the strategy.
I don’t mind paying taxes, it’s not that I don’t want to. I feel it’s my obligation and I take it willingly. I just don’t understand why it’s so much, when my income is so low.
I’m going to learn how to make my income less important than what I give out to others in love and appreciation. I’m going to change my way of thinking and stop being a consumer.
I want to go back to the days when we darned socks, turned collars, washed clothes and hung them out on a line and warmed up leftovers.