I managed to get the rest of the spruce cones cleaned up this week.
Here's a view from another angle...,
..., and here's the view from the sleeping bag position.
Yeah..., I felt like I had accomplished a tough task and completed the Spruce Cone Crusade without much problem..., so I felt confident enough to take on the Income Tax ritual. I was plenty proud of myself last year when I only had to write a check to the US Treasury for $57..., even though I had to include Julie's income from Social Security on the forms. I thought that not including that income this year should lower the gross income and since I would be filing as single instead of married this year..., I wouldn't incur much more than a few hundred extra dollars to this years check.
Well..., I guess I should have paid more attention to Mr. Powers in my freshman Algebra 1 class..., instead of taking every opportunity I could find to sneak a peek at the drop dead gorgeous sophmore cheerleader and girlfriend of the high powered senior athlete and student body president..., and future husband. I could never figure out why she would give a skinny, pimple faced, freshman such an evil look when she caught me doing it..., and like I said..., I should have been paying attention in class instead of trying to figure that out. But..., oh..., see..., I have become distracted once again and forgotten what I was writing about. I guess I better dig out that old high school annual and show you what the distraction..., or should that be.., what the attraction was...,
Sally Scott back then..., and Sally Walker before she graduated.
OK..., back to Tax Time..., I hurried through the first run through..., and had to slug down a few beers to get over the shock..., as those hundreds I was anticipating showed up as thousands on the back of the envelope I was using before committing the numbers to the actual forms. Especially when I knew that I had included The Chump's lauded $6,000 Social Security deduction. After the beers had the desired effect I looked a little closer and slower..., and noticed that like I suspected..., the gross income was a little lower..., but the adjusted gross was much higher. There must be some mistake..., and sure enough..., I thought I had found a mistake..., and deducted a significant large number..., and came up with a much lower tax owed 😀 I hit the beer again..., for a different reason and called it a night.
I was feeling pretty good the next evening when I began to enter the numbers on the form for real..., but that didn't last long..., as I discovered that I had deleted a number that belonged on the list. Trying to figure out why there was so much difference in last years numbers and this years wasn't that difficult..., when you are paying attention..., and not distracted. I had assumed that the difference between the "standard deduction" for filing married and single would be mostly covered by the reduction of Julie's SS income. But there were other deductions as well..., primarily in that Social Security Worksheet to determine how much of it could be taxed. Yeah..., please explain to me how the government can tax the money that they hold out for SS all my working life..., then tax me again on it when they give it back to me in retirement? (UPDATE: I stand corrected on this last statement..., see the comments :))
Yeah..., though the SS earnings this year were over $12,000 less than last year..., I ended up paying tax on about $8,000 more on my earnings this year without Julie's other deductions that totaled over $10,000 last year. And about that "lauded" Chump $6,000 SS deduction..., it garnered me a mere $700 savings over all.
I have an appointment with AARP tax helpers in Port Angeles next week to check out my work..., but I have been over the figures enough times now..., I think I have the right ones. Except for one little thing..., on line 38 of 1040-SR there is an "Estimated tax penalty"..., the instructions indicate that...,
Estimated Tax Penalty
You may owe this penalty if:
• Line 37 is at least $1,000 and it is
more than 10% of the tax shown on your
That sounds like I may owe some penalty..., since I owe about three times that amount..., but I also found this...,
In general, you may owe the penalty for 2025 if the total of your
withholding and timely estimated tax payments didn’t equal at least the
smaller of:
1. 90% of your 2025 tax, or
2. 100% of your 2024 tax. Your 2024 tax return must cover a 12-month
period.
Since my withholding this year were more than my tax last year I may not owe a penalty..., we'll see 😢
Well..., whatever the outcome..., it isn't going to send me to the poor side of town by any means..., but I have always liked this song..., and when Bruce Springsteen released his version of the Johnny Rivers song..., I at first thought, "Hey Bruce..., you ain't no JR"..., but his version is growing on me...,
OK..., just for comparison..., heeerrreee's Johnny...,



















