Taxes are done!
Mar. 13th, 2026 09:52 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
which_chickAll the business taxes (federal and state, 4 S-corps, 2 limited partnerships) and my personal taxes (federal, state, and local) are done. It's a lot of paperwork and it still is paperwork.
I have zero interest in "filing online" or whatever. I do it the old school way, no turbotax and no efile and none of that shit. Trees will die for my taxes until it is impossible for me to file paper versions of my returns.
My federal return this year was twenty-six pages long plus the w2 and the payment voucher thing. I file the 1040 long form and I prefer to do it over time, on actual fillable PDFs because it is easier and slower for me to do it that way. I find e-filing kind of stressful.
Thirty pages of return? How is that even...?
1040 long: 2 pages.
schedule 1: 1 page (first page)
schedule 2: 1 page (first page)
schedule B: 1 page (first page)
schedule E: 1 page (second page)
f8962: 1 page
f8995: 1 page
attachment, schedule E line 28: 1 page
form 7203: 2 pages s-corp 1
form 7203: 8 pages s-corp 2 (S-corp shareholders must track each block of shares differently. I got four chunks of stock with four different basis values so I have to do four sets of 7203 forms. Each form is two pages.)
form 7203: 8 pages s-corp 3 (four blocks of stock.)
(S-corp 4 did not post any pass-through losses this year)
I also sent off a w2, a payment voucher, and a check.
This is damn near thirty pages of shit. It cost three dollars to mail the fucking return.
Not included with the return but included in my files: health insurance statement, k1 forms for s-corps and partnership I am a partner in. (I am not a partner in one of the two partnerships I do taxes for.)
It's a lot of paper.
State is far more reasonable.
I paid the feds about $1800 and the state about $1700. Nothing owed on the local earned income tax thing. My withholding is pretty decent (but is only for my wage income, not my OTHER income) and I expect the total income tax bill annually to be around 4K so this was well within reason.
I posted some significant pass-through losses (from the s-corps) that dropped my QBI this year and then got the 20% reduction for the QBI on top of that, so all in all it was an OK tax season and I'm damn glad to have it done for the year, go me!
I have zero interest in "filing online" or whatever. I do it the old school way, no turbotax and no efile and none of that shit. Trees will die for my taxes until it is impossible for me to file paper versions of my returns.
My federal return this year was twenty-six pages long plus the w2 and the payment voucher thing. I file the 1040 long form and I prefer to do it over time, on actual fillable PDFs because it is easier and slower for me to do it that way. I find e-filing kind of stressful.
Thirty pages of return? How is that even...?
1040 long: 2 pages.
schedule 1: 1 page (first page)
schedule 2: 1 page (first page)
schedule B: 1 page (first page)
schedule E: 1 page (second page)
f8962: 1 page
f8995: 1 page
attachment, schedule E line 28: 1 page
form 7203: 2 pages s-corp 1
form 7203: 8 pages s-corp 2 (S-corp shareholders must track each block of shares differently. I got four chunks of stock with four different basis values so I have to do four sets of 7203 forms. Each form is two pages.)
form 7203: 8 pages s-corp 3 (four blocks of stock.)
(S-corp 4 did not post any pass-through losses this year)
I also sent off a w2, a payment voucher, and a check.
This is damn near thirty pages of shit. It cost three dollars to mail the fucking return.
Not included with the return but included in my files: health insurance statement, k1 forms for s-corps and partnership I am a partner in. (I am not a partner in one of the two partnerships I do taxes for.)
It's a lot of paper.
State is far more reasonable.
I paid the feds about $1800 and the state about $1700. Nothing owed on the local earned income tax thing. My withholding is pretty decent (but is only for my wage income, not my OTHER income) and I expect the total income tax bill annually to be around 4K so this was well within reason.
I posted some significant pass-through losses (from the s-corps) that dropped my QBI this year and then got the 20% reduction for the QBI on top of that, so all in all it was an OK tax season and I'm damn glad to have it done for the year, go me!
