Paid My Taxes This Week

by Mark Wong on March 27, 2010 · 0 comments

in Personal Finance

I bought a copy of H&R Block At Home to complete my taxes this year.  When all was said and done, I owed the IRS close to $4,000.  I usually don’t do such a poor job of forecasting my tax liability, but this year was different.

After losing my job, starting my own consulting work, and moving to a different state to start a new job, I knew my tax liability was going to be a crapshoot this year.  I was really lucky in the sense that I made the minimal tax advances for self employed persons and thus my underpayment penalty was minimal.

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