Part of the problem with doing your own taxes is that sometimes you miss deductions that are less obvious.
Now, my taxes aren’t hard. I don’t have tips or rental income. I don’t have dependents or other issues. I don’t have foreign investments, lottery winnings blah blah blah. I just have standard charitable donations and my condo mortgage. And a little interest from savings.
So once I worked my way through the taxes once Time, they’ve remained relatively consistent.
However, last year as I was doing my state taxes I discovered that there was a property tax deduction that I appeared to be eligible for. I kind of just stumbled onto it, really by trying one of those “you may be eligible” worksheets.
It was kind of complex, what with projected taxes and actual taxes paid and income levels and crap. But I filled it out and did the separate form and mailed it in, as required.
And when I started looking at it, it looked like the same deduction was available for the 2016 taxes as well. So I filled out that form too and sent it along.
Well, earlier this year I got my 2017 property tax refund around the same time as the state and federal refunds. But nothing from 2016.
So color me surprised when I looked at my online bank statement today and see a deposit from the state of Minnesota! The nice thing is that this isn’t a pittance– it’s several hundred dollars.
Everything’s coming up Milhouse!
Cool!! I can’t imagine trying to keep up with tax code changes and doing my own taxes. But then again, my taxes are complex for the exact opposite reasons as yours are simple.
So, what are you going to do with the landfall?!?!?!