I have enjoyed being our family's "tax accountant" over the past few years. I have not only learned a lot, but have also saved everyone money as well. The process this year had been pretty easy with both Brett and Meg have receiving their state and federal returns already. Doug was still waiting for his Indiana return to hit his bank account, but got a whopping $85 from the federal government already.
There were other years that filing taxes had been painful or frustrating. Tax returns for 2021 did not fall in either category . . . until tonight. Cal had been extremely busy with work and hadn't had time to round up his forms yet. Last night he was able to get me what I needed including his W-2 and 1099-B. Figuring out what he needed to file for his Cryptocurrency was a little more challenging, but we found it eventually. With all of the correct forms ready, I was able to easily figure his federal return. He wouldn't be getting a lot back, but at least he didn't have to pay. When I started the state return, however, I became a little bit overwhelmed. Cal lived in Indiana for two months during 2021, but worked in Illinois the entire year. He would have to file tax returns in both states as they were not reciprocal to one another. In order to do so we would have to figure out exactly how much Cal made in the months of January and February and if Plante Moran took out taxes during that time period or not. I tried to look through the information that he had already gathered, but there was no way to find the correct numbers without getting copies of his pay stubs for those two months. Thus, we decided to table his tax return until tomorrow. Thankfully, we started early and still have plenty of time to find everything we need.
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