Top 10 Tax Day Fails (Haiku Edition)
Tax Day is coming. If that doesn’t make you think of Haiku, are you even weird? Okay, I’ll admit, I’ve been focusing on taxes too much lately, but Tuesday is the tax filing deadline, so let’s take one last look at how not to muff that up with a series of twenty-first century attention span-optimized PSAs to help you max perform tax day!
Don’t File
Must file tax on time; You should pay on time as well; Big fine if no file
Don’t Pay
Must pay safe harbor; Even so, you may pay fine; Fine usually small
Big Refund
Dodge a tax refund; Negative interest loan; Tax man won’t thank you
Big Bill
Stroke a big tax check? Tax man says “pay as you earn”; Tax day shock and awe!
Bill with Penalty
Wait to pay tax man? Late fine, interest growing; Update withholdings!
Missed IRA Contribution
Tax day is last day; Fifteenth is IRA day; Don’t tip the Tax Man
Excess Roth Contribution
Make lots of money? Backdoor Roth Club is for you; Front door Roth no more
Filed Early, Filed Amendment
Tax eager beaver? File early, file twice; Amendment costs dough
Self Prep Complexity
Self-prep tax return; Rental depreciation? Should have used a pro
Back Door Roth Double Tax
First time Backdoor Roth; Messed up form 8 6 O 6; Ooops! Just paid tax twice.
Happy Tax Filing Deadline!
Fight’s On!
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