Taxed with doing taxes

Written by Lincoln Adams on January 10, 2010 | 6 Comments
Filed Under: Politics

Been reading up on miscellaneous income at the IRS due to having to report my blog earnings now, which skyrocketed to $3.34 last year (adjusted for inflation).

When I scanned the list of the different types of income, I noticed this:

They really expect people to confess to a crime, on their TAX RETURNS? Seriously?

Anyhoo, I’m wringing my hand over doing taxes this year since it marks the first time I have to report an income stream outside of my full-time job. I like keeping things simple, so simple in fact that for 10 years or more I’ve only had to file a 1040A using standard deduction to get my refund. It takes like 5 minutes to do my taxes, but then of course I have to do my NY state taxes too, which typically takes me 5 weeks. You think federal taxes are complex? Come live here. You’ll never complain about the feds again.

Evidently I have to report ALL my additional income (not just the ones I got a 1099 for), including the $5 lottery scratch-off I won as a Christmas present. Sure, I’ll get right on that. I’m just righteously anxious to fork over what little of my money I have left so the gubmint can continue to hand out welfare checks to crack addicts. You betcha!

Seriously though, it doesn’t look like it will be too bad this year. I just need to switch over to a 1040 and there’s a line on it where I can report miscellaneous income. Next year though will likely be a completely different story. I can’t even wrap my mind around it, but the day might come where I may have to incorporate my blog as a business, because it’s getting to be THAT profitable. Habitation of Justice, LLC?

By that time I’ll probably need a tax advisor or some dweebie expert to walk me through incorporation and doing my taxes, and just hope they’ll be reputable. All this business crap gives me a serious headache. I just wanna blog and whine about about my lack of a love life in peace, ya know?