My Family!!

My Family!!
Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Tuesday, August 23, 2011

HAHAHA...Take THAT IRS!

Foster and I got married back in 2009. We also bought a house that same year. In terms of taxes and the government, we had a lot of changes.

Foster LOVES tackling the taxes on his own, because he considers it like a puzzle. He loves math and percentages, calculations, etc.  Despite all the changes, he decided to file our taxes as opposed to going to an accountant. He did his research on the new home buyer tax credit, marriage breaks, etc. and successfully filed our taxes. We got a VERY nice return that year.

Well, the IRS decided early on it didn't want to give us our return. I don't blame them. It was a pretty hefty one, and the amount of debt our nation is in, I would be checking every hefty tax return as well. We were immediately audited before receiving our check. All they asked for the first time was copies of our W2s. No problem. We sent them in and a few weeks later we had our money. Well, about a month ago we received ANOTHER letter from our beloved IRS. This time accusing us of not claiming an ABSORBENT amount of income. Close to 6 figures. Now, if we had that much income coming in that we didn't report, I can tell you we would be aware of it. Plus, Foster is one of the most honest men I know, and would never keep that much money a secret from the government. Pretty much they were saying that some of our investments should have been claimed as income. Last time I checked, you didn't claim your investments as income until AFTER you cashed them in. Of course you have to claim gains and losses, which we did, but they wanted us to claim it as INCOME! IF we claimed this amount in income, then not only would we owe the IRS a TON in taxes on that "income", but it would have put us over the maximum income to be eligible for that $8,000 new home owners tax credit. In other words, we would have to pay that back as well. With the $8,000, taxes on our unclaimed "income" and fees, according to them, we owed over $30,000!!!

You can imagine the heart attack Foster and I both had when we got this lovely letter in the mail. We just about freaked. It was at this moment that Foster decided it was time to break down and hire an accountant. Fight fire with fire.

Well, after a few weeks, we just got done with all the processing and paperwork, and guess what.....now the IRS owes US money!!! HAHAHAHAHAHAHA!!! That's right, if they had just left us alone...but NOOOOOO. They really wanted that $8,000 back, and kept pushing and kept pushing, and now it blew up in their face.

This is one of those situations where i would LOVE to walk into the IRS building and do the happy dance and laugh directly in their faces. Oh well, that would probably jsut instigate them to audit us every year, and God knows we don't want to have to deal with this every year!

Saturday, July 10, 2010

Money Cannot Buy Happiness

I was at drill for the National Guard today and for the first time I actually used "my daughter died" to get some one to shut up." Instantaneously I felt bad about it. The conversation started out innocent enough. We were talking about the accommodations the Army provides for the soldier who travel over 60 miles to be at drill for the weekend. It is this dinky hotel where they actually make the patrons change their own bed sheets. The air conditioners don't work, their are roaches and other creepy crawlies. I was explaining how much I was relieved I only live 10 minutes away from our unit and I get to sleep in my own bed. I also said that I have frequently offered my unit members to come and stay in our five bedroom home to save them from the roach motel. The sergeant I was talking to started teasing me saying I must be rich to have a five bedroom home, and kept going on and on. I tried my hardest to tell him that was not the case, that our home is large, but by no means the mansion he was trying to make it out to be. It is a four bedroom home, originally built in the 70s, that has a full finished basement that adds to the bedrooms. The basement has a full bedroom, a smaller room, and a big rec room. However, no matter how much I tried to convince him that Foster and I were not rich, things kept "proving" ME wrong. He saw my ring, which is a beautiful, a little over a karat, and sparkles from a mile away, "You better not go into a body of water with that thing on, you will sink right to the bottom." Then an officer Foster and I know came in and started talking to me, asking how Foster was doing. So the sergeant found out Foster was an officer, which means he makes more money than an enlisted soldier. He continued to tease me about being rich.

This went on and off for about an hour, and I continued to refute his claims, but the mocking went on. Then, while I was talking to another soldier from around lake Erie, I was explaining to him that my family is thinking about all going in on a vacation house on a Lake and Erie was on the list. The sergeant overheard this conversation and interjected his thoughts on the matter, "Well I guess when you are rich, everything is perfect and you can buy your happiness."

This is when I snapped in response, "Actually Sergent, NO, money cannot buy all happiness, my husband and I lost our daughter April 20th, so our life is NOT perfect."

"Oh, my, um, ah..." he stammered, "I am sorry, I should just put my foot in my mouth now."

"So can we please stop with the money comments now?"

"Yeah, I am sorry, I guess I pushed it too far," he apologized.

I feel so bad. I am so ashamed that I could not just suck it up and deal with the teasing, but he had pushed me over the edge. I was able to take all of the teasing until his comment about money buying happiness. I would give every dime, every material possession Foster and I have to have my Rosie back.
 

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