It rained most of the day. I wrestled with Form 1040 and the instructions and worksheets that go with it. It's a new tax situation this year for me. My status has changed to senior citizen and a fair chunk of money comes to me as Social Security income. My 15 year-old spread sheet again needed renovation. I learned that there is a 5% tax rate on long term capital gains for lower income filers. There is also a way for lower income filers with retirement plans to donate money to IRAs. These are both rarely used benefits, I suspect. Capitol gains and IRA money are a luxary to people who are spending $3.35 for a gallon of gas.
I also am in the sweet spot where I can both fund an IRA and withdraw money from it without penalty, as long as I have earned income. That sweet spot extends from age 59 and a half to 70 and a half.
I managed to wring a few extra dollars out of my new found knowledge, and now I can also wait for my $600 federal rebate check to arrive in May so that I can stimulate the economy.
And I improved this wasted photo taken last week. I made it into a vignetted photo to make it seem like I took it like this on purpose and that it is thus worthy of viewing. Enjoy.
4 comments:
Taxes. Ugh. We've struggled our way through most of it, but will not be getting a refund check. Or a rebate check, either. Not bitter at all -- I just love socialism, as you well know.
I don't think photo shop really helped that photo much. Have you tried sepia tones? ~ SS
I think sepia is a fine idea. Wait for it. TT
Groan. SS
Everyone's an art critic. TT
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