Tinbender1

Lincoln, Nebraska

Full Member

Joined: 11/12/2004

View Profile

|
Don't forget your state income tax(es). As a part-year resident, they are so much fun to do. They always go something like so:
Date you became a resident__.
Multiply the number of days as a resident by 15.4__.
Is that number greater than 150?__
If yes, divide by .035__
If no, go to line 10.
Federal taxable income___
Subtract $1200___
Is the amount greater than $99,000?__
If yes, multiply the amount on line 2 by 18.___
If no, divide the amount by 25 and enter on line 8.
Is the amount on line 8 greater than the amount on line 3?___
If yes, this might be your state taxable income.__
If no, take the amount from line 5 and subtract $1555.___
So forth and so on......you know what I mean. To me, this part has always been the worst hassle because a mistake can really cost a bundle. I have always wondered what sort of mind can come up with that sort of stuff?!
Well, hope you get everything sorted out and enjoy your new home.
Myself and Dear Wife  
Two daughters flown from the nest  
Three grandkids  
2004 F-250 SC XLT 4x4 PSD
2004 Salem T22FDL
|