|
Man, I'm expecting to get around $18k back in my tax refund this year. Crazy.
Was unexpected, and the first time this has happened, due to:
1) First year I paid myself via payroll from my IT company, so I prepaid taxes on that, and I didn't realize payroll being an expense would push my company down into the red significantly... since it is a partnership, that is a huge win on my K1.
2) First year I have had significant mortgage interest to deduct.
3) First year of a farm business with HUGE start-up costs, so a nice win on my schedule F1.
4) Still have my high paying day job, which is where I paid all the taxes from to start with.
__________________
- Mark
|