Tuesday, February 26, 2008

A Tax

As a tax department employee, I've learned that many Americans choose to use software to do their taxes rather than use their eyes and brains to read.

Count me in!

This year, I'll be doing not only our and Mom's taxes, but Jack's too.

Mom made good money in her mutual funds this year, though it was mostly in the form of capital gains that she didn't receive in hand. So it's time to cash in a few shares and give the government its piece. Also some of the proceeds will be shifted into an IRA contribution, since people her age can chip in up to $5,000.

TaxCut software makes things a snap. Key in the form information, print out the returns. In Mom's case, write the check. Easy as pie!

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