I just completed my taxes. I was unimaginative and did exactly the same process as last year, using TurboTax to file the documentation for federal, Minnesota, and Pennsylvania taxes. I sifted through many old envelopes but didn't find anything that wasn't already in the online records with the tax website. I even checked if I needed to report a generous gift from my parents early last year. (The IRS site said that I did not.) TurboTax cost me about $200. It's not how I want to do this process, but I figured I should avoid any novel behavior if it could draw attention from the IRS as Trump crushes the group that audits rich people... leaving them to audit whom exactly? Yeah, it's a mystery.
In addition, I owed almost $300 in Minnesota taxes, and I got zero back from the federal government. This status confuses me. I have my employer deduct the usual maximum amount from every paycheck, so I never have to pay money unexpectedly later. I always get a federal refund, and I never owe more tax. What happened this year, and why am I paying more in taxes than usual?
I don't have the mental bandwidth to do my usual breakdown in a convenient table like in years past. (Ugh, this job taxes my mental stamina.) Maybe eventually, since I expect my taxes to go up even more, now that Trump is in office. Yes, I know, he promises people will pay lower taxes, but I expect that offer to be invalid for poor people... just like happened to me during the previous Trump years (2017-2021).
Now, I need an Advil. I have a headache.