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PaperclipPerfector  1yr ago (text post)   4031 thread views

Small-Scale Question Sunday for April 13, 2025

Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?

This is your opportunity to ask questions. No question too simple or too silly.

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Does anyone else get really fucking angry at the way the 1040 lumps capital gains in with ordinary income, then makes you do an entire separate and needlessly convoluted process to separate them back out?
Literally just change the steps to put long term cap gains and qualified dividends in their own box on the 1040, it could be so much easier!

Yes, I am finishing my taxes tonight. If I wait till the last second the feds don't earn any interest on my payment.

It's annoying, but in the end implementing the Qualified Dividends and Capital Gain Tax Worksheet (or the Schedule D Tax Worksheet) in your preferred spreadsheet program is the work of only a few minutes.

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