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Taxes? Done.
Thanks to Turbotax, my taxes were once again pretty easy this year—and a snap to do at the very last minute! It's much simpler when you make almost zero money. In fact, as you can see from the screenshot at right (click to enlarge), my income in 2005 was negative. It's a good feeling, actually—nowhere to go but up!
While Turbotax makes doing my taxes pretty simple, I'm not sure it does them right. I've used Turbotax online for 3-4 years now (always free for the federal return through the Tax Freedom Project) and I've never been audited or had any problems, but for some reason this year it says I get a huge refund from DC even though I only paid about $20 in DC taxes last year. I think it's wrong, but I can't figure out how to make that refund disappear w/out lying, so I'm just filing and we'll see what happens.
Posted April 17, 2006 10:06 AM | life generally
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Well , in quickly perusing the DC state tax forms, if you're getting an earned income credit on your federal taxes, you can get a DC earned income credit of 35% of the amount of the federal EITC or a DC low income credit up to $241 based on how much your DC tax liability actually is.
Posted by: meliarobin at April 17, 2006 10:52 AM
Concur that it is the DC EIC. But for some reason you don't have an overpayment more than 19 dollars on that little graphic of your federal return. You should go through the EIC credit for your federal return. It can be pretty sizable if your DC one is a nice chunk of change.
Posted by: Reckless Murder at April 17, 2006 06:12 PM