Just when I thought I was a pimp with my taxes, I go and do something stupid like *not* paying them. I’m such a dummy!!
I was literally sitting on my couch on the 15th watching the horribleness unfold with Boston, when a friend of mine tells me it’s just a sad day overall. And indeed it was. First one of our cousins passes away in the morning after a strong fight with cancer :(, and then later the marathon tragedy strikes and halts the country. Unbelievable. Then to top it all off – as my friend quickly chimes in with an attempt to lighten the mood – “it’s also Tax Day.”
It felt good to relieve the tension for a hot second and put a smile on my face, until I realized I didn’t recall ever sending mine in?? I had sent my 2012 tax stuff earlier last month, but never for the 1st quarter numbers of 2013 like an idiot! ‘Cuz they were so close in timing!
So for the first time in my adult life, I actually missed the tax cut off date. Wow. How’s that for being a personal finance blogger? :)
Now obviously this is incredibly minute compared to the *real* tragedies unfolding all around that day, but nonetheless it was a problem to put out however small. So I picked up the phone and called my accountant ASAP to ask her what the best way was to fix all this. Which she basically advised to just mail it all out as soon as I can, and then I may or may not get a nice letter from the IRS saying I owe them a few bucks – but that should be the extent of it. Especially since it was my first time. She also said we might be able to get out of it too if we write a good letter back explaining the mix up (ie. me paying my 2012 taxes just a month earlier and it causing confusion with me), but who knows…
So I may or may not have to pay a hundred or two for my absent-mindedness. I can live with that. Lesson learned, and now I can say I’m no longer a perfect tax payer virgin ;) I also went right away to add in the future quarterly payment dates on my calendar!! That’s really the main reason I missed it anyways – I didn’t get my email alerts I’m used to seeing! Every year I add them all up once I get my taxes filed, but I guess I was just too giddy this time around what, with all my savings I was gonna get, that it just totally escaped me. Oh well.
For those who are interested, here are the amounts I now pay, compared to those I used to. All of which get sent in quarterly as I’m self-employed:
You can see the trend ;) Although as many of you will probably point out, it’s a good problem too have. The more you make = the more you have to pay in taxes overall! So I can’t complain too much. All a part of the game, right?
Anywho – that was my blunder for the week. How did your guys’ tax stuff pan out this year? All nice and settled now? Or still scrambling to get them finished up with your extension you (hopefully) got? Either way, it’s a nice feeling once it’s all done and closed out. I’ll let you know if we end up having to pay any penalties from all this, but you can bet your ass it won’t be happening again!
Photo by andrewmalone, Words by J$
Jay loves talking about money, collecting coins, blasting hip-hop, and hanging out with his three beautiful boys. You can check out all of his online projects at jmoney.biz. Thanks for reading the blog!