She's going home, bye, bye....

 

I always feel a little sad when RQS goes home.  I love having her near me, but I also feel a little freer when I have the time to  take care of my own affairs without worrying about her feelings.  We have a good thing going, where our periodic absences from each other's lives makes the fondness grow stronger.

Today, RQS had to go home.  She had things to take care of at home, and I had things to do here as well. So, after relaxing all day (and having some of our leftover lobster), we got showered and dressed (me in a $5.00 dress I picked up at Burlington a few years ago) and prepared to go to the station. So, around 3:15, we left for the train station, me without my wallet in my handbag.  Well, after dropping RQS off, I found out that I left my wallet at home while I was on the drive thru lane at McDonald's.  AARGH!  You can guess how careful I drove home - I'm glad nothing happened on my way home.

Next, I was off to Walmart with my wallet in hand.  It was time for me to replace my car's cell phone charger.  When I brought the charger and cable up to the cash register, the credit card reader had problems with my card.  Why, I do not know.  But I ended up having to swipe the card instead of inserting the card to charge this to my account.  Later, I'd find out that my credit card company's fraud detection system had texted me about this transaction, and I okayed it.  Luckily, I had a second charge card for another transaction I'd make in the same store.

- - - - - -

When I got home, I found that RQS had a problem with her taxes. (I won't go into details here.)  When our tax lady looked into it, she found that Fran (who RQS used for her taxes 2 years ago) made a mistake, and RQS got flagged for a problem with her 2022 taxes.  OUCH!  This makes me glad that I had to do a last minute shuffle and find our current tax preparer.  I just wonder what tax year 2025 will look for me....

 

 

PS: The tax problem was with a previous tax preparer's mistake - The State/Local forms were not filled in correctly.  The person who did the taxes did this two years in a row.  I'm glad that both of us have someone good on the case these days - I almost got stuck using this person, and dodged a bullet with my taxes.

A trip to Queens to pay some tax bills.

As most of my readers know, my posts are usually two (or more) weeks behind when events happened. This allows me to preserve a degree of privacy when I travel, so that people would not ransack an empty apartment when I'm away.  Today, I'm writing about an event that emptied my wallet, and not my apartment....

- - - - - -

In the USA, our yearly income taxes are due on April 15th.  My income can vary from year to year, but it has two constant (for now) income sources: My pension from work, and my social security check.  With both of these checks coming in on time, I have the same after tax income I was living on for years before I retired for good. However, what can and will vary is the income I receive from renting out the family homestead, and any distributions I decide to take from my 401k (retirement savings).  

Unfortunately for me, America has a progressive tax system which hits the middle class worst of all.  The rich have their tax dodges such as the constructive use of insurance policies to avoid paying income taxes (I won't go into how this is done here.)  The poor pay little in income taxes, receive subsistence subsidies, and live lives of quiet desperation. This means that for me, I am stuck depending on others for several things such as the financials from the family homestead.  More importantly, due to our progressive tax system, I am stuck having to estimate how much taxes I will need to pay for the year, and then pay them in advance.  AARGH!  

Today was the day I had to go to my tax lady and send off taxes owed for 2024, and to pay an installment on 2025's estimated taxes.  Ouch!  At least, I had RQS with me, as she had to pay her 2024 taxes as well.  So we left my place at noon, and arrived at the tax lady at 1:15 or so.  By 1:45, we were out of the place and heading towards RQS's place.

We arrived at RQS's place around 2:30 or so, and both of us wanted to take a nap.  I couldn't afford that luxury, as I wanted to make it home before the worst of rush hour began. So around 3 pm, I started my drive home and hit the one traffic jam I expected, and avoided several more.  It was hard to believe that I was home before 4:30, but I was.  And I finally got the chance to take that nap. 

 

 

PS: Two weeks later, RQS found out that the tax lady had not yet filed her taxes, even though she had an e-file receipt.  She was pissed off (to put it mildly) and it took a few phone calls before she could reach the tax lady.  Next year, I'll bet that RQS will use someone else, as her returns are relatively simple and can be handled by any run of the mill tax professional.  As for me, I'm stuck using someone like this lady until I find someone better....

Taxes - AARGH!!!! (An expensive, but short post.)

 

Today, I ended up calling my tax lady and found out what I owe this year.  OUCH!  Due to the fact that I have income from the family homestead from which taxes aren't deducted, I owe the State and Federal government several thousand dollars.  No, I have not paid estimated taxes, and I might need to next year.  Too bad that my old tax lady has retired, as she used to send me forms to make these payments in advance.  Well, that's another thing I will need to talk to the tax lady about when I see her again.

As you can guess, I hate the yearly ritual of paying taxes.  Owning a rental house is a big pain for me.  But I appreciate the extra income it beings in when it is rented out. At least, I am lucky enough to be able to say that I can afford to pay these taxes (at least for now).  However, if the GOP gets its way, they will bankrupt Social Security and destroy the lives of many Americans living hand to mouth.  With their design to debase the currency, many people who have pensions will become impoverished.  As for me, I have a third leg of retirement assets which they intend to screw up - my 401K which is mostly invested in the stock market.

Unlike most GOP'ers, I feel that taxes are payments for services from the government.  Yes, there is waste.  But Musk's DOGE will not find it.  Instead, they will claim success while destroying the country.  Hopefully, I'll have my escape route ready before America's collapse, and that my "Letters of Transit" will be ready then as well.

Parting is such sweet sorrow

 

So many odds and ends for people to catch up on, and I'm in the middle of many of them.

Let me explain.... 

I've been there for RQS through 2 emergency room visits, and forced diet changes caused by her ailments.  This is not a problem for me, as I need to have less ultra-processed food in my diet.  However, it may crimp our style when we choose places to eat for our once (or more) per week nights out.  In many ways, this will be a good thing, as I will need to clean much of the crap out of my cupboard, replacing it with healthy foods.

Before leaving RQS today, we decided on a place where we will have her birthday dinner.  It's a nice restaurant where we've held two of our co-op board's yearly dinners.  Since it will be the first weekend of Hudson Valley Restaurant week, I figured that we could have a nice dinner for a little less than I'd normally pay for such a dinner.

When I got home, I texted my brother to ask him how the house is coming along.  Well, we may have to make some hard decisions, so that we can rent the place out as soon as possible.  It looks like my brother's car got totaled by some idiot kid driving recklessly on a side street while my brother was patiently waiting for a light.  Given his workload, etc. I wasn't going to push him for information for my taxes.  However, he said that he should have things ready soon.  And I made arrangements to help him with work on the house next weekend - something I hate doing, but needs to be done.

I wish I could have stayed with RQS another day, but I have a doctor's appointment in the morning.  If I make the time AND get my bedroom cleaned up enough to have my bed delivered on Tuesday, I may decide to go into the city and see an old movie, completely recut and reedited with never seen footage - Caligula: The Ultimate Cut.  Will this end up being the final version of this production?  I doubt it.  Although this version has much of Bob Guccione's porn removed, it is still a flawed film.  Yet, I'll bet that someone will rework the film into something better than the the 2 versions that currently exist for sale.

I received an unexpected package today

 

The other day, I received notice from USPS Informed Delivery that I should expect a package that originated from New Rochelle, NY.  Who could be sending a package?  What was in the package?  Why was this package being sent?  So many questions, and absolutely no clues.

When the package arrived, I saw my name listed as Marian, and not as Mario.  So, it had to be from someone who knows me as Marian.  But the package was in one of these USPS Priority Mail envelopes, so I had little information available to me.  So, I opened the envelope and found some paperwork for my 2023 taxes.  Now I had my answer - Fran (the TG accountant who bailed on preparing my taxes due to health issues) was cleaning out her files, and sent me what I once gave her instead of shredding the paperwork. What could this mean?  Was Fran giving up on having me as a client, given last year's issues?  Who knows?  But I had no plans to work with Fran this year, as I didn't like how she handled RQS's taxes last year.   

RQS has already had her taxes done by the same lady who prepared my taxes last year.  As soon as my brother has prepared the financials for our property, I'll be making an appointment with this woman and driving to Queens to get my taxes done.  Unfortunately, this will likely force me to spend 2 days as Mario, as I don't want to introduce Marian so someone who has to deal with me as Mario.  This is the most frustrating part of being both Marian and Mario on a part time basis.

This weekend flew by way too quickly!

 

I'm not going to say too much about this past weekend, save that it flew by way too quickly!

Friday came, and I picked up RQS in Marian mode, as it would be the only day I'd be able to present as a female until next week.  After a night's rest, we decided to go out and see Ennio, the documentary about the great movie score writer, Ennio Morricone.  RQS used to make jokes about this man's name (nothing nasty, just cute), but now she knows how respected he is in the music world.  If you haven't had the chance to listen to this man's music, you must be living in an impermeable bubble.  From scores for "The Good, the Bad, and the Ugly" to "The Hateful Eight", Morricone has proven himself to be a composer in the same league as Bach, Beethoven, and Brahms.  So, if you can, see this documentary - it will open your eyes to the greatness of this man in the world of music.

Sunday was very different, as we met TCL for dinner in her neighborhood.  Yum!  What more can I say?  Only one bad thing I can say - the restaurant isn't closer to me.  We could have chatted a bit longer, but all of us were getting tired after 2 1/2 hours of chatting at the restaurant.  All too quickly, Monday came, and RQS had to go home.  I accompanied her to Grand Central, then departed to pick up my taxes. Now, I don't have to worry about this task anymore.  Yet, I missed seeing the eclipse.  That's not such a bad thing, as I'll have 20 years to prepare for the next one.

The trouble with taxes

This morning, I didn't need my alarm clock to awaken me.  Yet, I know I'll be exhausted by both the end of the day and by the end of the weekend.  And all of this is because of taxes....

- - - - - -

As I've mentioned before, I have had to find a new tax preparer because my old one retired.  I thought I had been lucky to know someone in the Trans community who could do this work. But her health problems got in the way, and she had to bail on doing my taxes.  This left me with 3 weeks to get my taxes done and no one to do them.

The first thing I did was to make an emergency call to my former tax person, and I got the name of a new person.  This was the person who took over some of her old business, and is located in the old office space.  YAY!!!  Even better, this person is hungry and wants new business.  So, I'll end up picking RQS up at the station and driving down to my Trans friend to pick up my paperwork.  And then, I'll deliver this packet to my new tax person in Queens and hope for the best.

- - - - - -

This will be a half and half weekend for me.  At least, I'll be able to take RQS out to the movies and relax for a little while....

 

 

PS: We picked up the tax paperwork from my Trans friend on Friday, then delivered it to my new tax person on Saturday.  Although it rained like cats and dogs, I made it safely to Queens, where the new tax person is located.  And then, after an hour of waiting (we were in line to meet with this new lady), we had a pleasant conversation and a good idea of what the tax preparation would cost and when it would be done. It's a nice feeling to know that this headache is going away, and that I'll be able to focus on good things again.
 

Doing business with a new Tax Person.

 

I'm frustrated over a series of events.  For the past 40 years, I have been using the same tax preparer.  This winter, she announced her retirement.  And now, I had to hustle to find someone new.  So, I ended up reaching out to a transgender CPA I know, and was awakened to a hard fact - I've had it very easy over the past few years. Without mentioning this CPA's name, I know that she follows all the rules.  And that's a good thing for me.  I don't intend to break the law just to save a few pennies.  Privately, I will give this person's name out and make a recommendation - as I did for RQS.

Most of the information this new tax person is requesting is something my brother and I should have at hand.  Given that my brother is the financial expert in the family, I always took what he gave me and handed it to my old tax person.  Now, I have to provide more information, and have my brother explain what's going on.  I'm not looking forward to a conflict that will force me to look for a new person at the last minute.

This weekend, I had a chat with RQS and explained why I want to dissolve this tie that binds me to my brother.  I depend on him too much, and the extra complexity that owning an income producing property provides is not worth it.  Hopefully, my brother will soon feel the same way about the old family homestead.

Getting ready for tax day

 

It's been a little frustrating having to wait for my brother to finish up paperwork needed for me to file my taxes.  This will be a yearly problem as long as we jointly own a rental property.  But this year is different, as I have had to search for a new tax preparer.  And I decided to duck one issue by choosing someone I knew from my work at the LGBT center, as I felt I needed some form of familiarity with someone new.  With familiarity, I can more easily communicate my concerns about my newly complex tax situation, and ask how I can prevent problems in the future.

Taxes in the US are needlessly complicated, as most tax preparation forms depend on complexity to justify their existence.  There is n excuse for this, as most Americans have all of their significant income reported to the IRS.  Ideally, the government could receive a taxpayer's income statements, deductible state/local tax information, and generate a bill/refund for the taxpayer.  (Let's ignore privacy issues here for now.  I'm just arguing for simplicity.)  In theory, the vast majority of us wouldn't need to pay for tax preparation services, as the same computers that are programmed to detect tax fraud would also be doing tax preparation for us.  

Unfortunately, I would still be likely to need a tax preparer, as long as I own part of a rental property.  But how many Americans own one?  Business owners would still need their accountants, as they would always need to track money flows within a corporation, determine the net profitability (or lack of) of the corporation, and insure that properly computed taxes are paid to all affected governments.  

With all of this being said, I am grateful to have my problems instead of others.  I know how to manage my problems, as they are "first world problems."  It could be much worse.  All too many of us do not have the resources to get by in one of the most prosperous nations on this planet.  Getting rid of the inefficiencies of our system may just provide some of these people a small bit of relief.

Sometimes, one has to seek out help

 

 

I've never tried to hide my age, as I'm an old TG woman and see my time on this earth getting shorter and shorter.  This doesn't frighten me as much as the thought of not being able to have my affairs in order at any time.  So, the thought of losing control of things as I'm coming to full retirement benefit age worries me a bit.

- - - - - -

About a month ago, my long time tax preparer decided to retire.  Although I knew this would eventually happen, I was still a little bit shocked when I heard the news.  I never had to look around for someone to take care of this need, and now I have to do a search when I need constancy the most.  The 2023 tax year had me receiving an unexpected bonus payment of a survivor's social security benefit from which taxes should have been withheld. And the 2024 tax year will require that taxes get withheld from benefits paid to me.  Dealing with these things should be simple.  But there are so many of them coming in at once to be dealt with that I can get overwhelmed thinking about them.

Luckily, I have one person I can call for help with my taxes and with tax planning.  Yet, I am looking for more than this person to choose from.  Hopefully, I will find the person I need soon, as I am not looking forward to this year's tax season....

I accidentally told two friends about me - and I was accepted for who and what I am - a short post

 

A while back, I accidentally posted a link to this blog on the wrong Facebook page, and two of my friends who only knew me as Marian found out about Mario.  I was very surprised, but told my friends the truth about me, and that I was glad that I could finally show my authentic self without filtering.

Now I understand how Fran felt when someone finally caught her switching back and forth between male and female modes.  And I'm glad I made it through this with friendships intact.  Yes, I see changes.  But these will be healthy ones, as we can be much more open with each other than before.....

- - - - - -

Regarding Fran....

RQS has been looking for a new accountant to do her taxes.  Knowing that Fran could use some business, I suggested to RQS that she should reach out to Fran.  (Why not send business along to another TG person?  I'll likely switch to using Fran when my accountant retires.)  So later this evening, I'll find Fran's contact information and give it to RQS....

Trying to keep on top of things - a short post

 

 

As my long time readers are aware, I am on my co-op's board of directors.  And the thing I hate doing most is paperwork - especially the type that I need to take notes for, or to record financial information.  So what happened to me?  I am now the official note taker for our monthly meetings, and have to deal with monthly minutes.  What bothers me more is that my brother is asking me to take care of all the paperwork for the family homestead, something I know I'll screw up no matter how easy he tries to make it for me.

It's hard for me to deal with paperwork, as I will gloss over things that should have been recorded and that I will misfile things in logical places.  And now, I'm trying to keep on top of things for which my actions could affect others.  AARGH!

Soon it will be time to take care of my taxes.  Hopefully, I will have overpaid enough during the period that I worked last year, so that what I underpaid from my pension will not cause me any negative tax consequences.  Next year, I can fix this issue by over withholding taxes from my social security payments.  Until then, I have to stay on top of things, so that I have enough money in the right places to pay my taxes.... 

Taxes

April 15th comes awful quick these days.  If you're not careful, you might just miss it.  Yet, it's hard to believe that most people didn't have to pay income taxes a little over 100 years ago; our government raised most of its funds via tariffs and customs duties.  Now, tax day is a day that many people dread.  In my case, I have to over withhold through the year on money I earn so that I can make up for under withholding on my pension.  Although I can afford to pay estimated taxes throughout the year, I prefer to pay them up front and not have to worry about finding money to pay taxes at tax time.

If you think I have it bad, I know someone who has sold a house and is now renting.  Although this person has owned a share of the home for over 30 years, a divorce and property settlement may trigger the payment of more taxes than this person would want to pay.  (As if we ever want to pay taxes.)  Thankfully, this person can shelter a $250,000 gain from the sale, but what about this person's share of the gains that must be shared with an ex-spouse?  I know that my brother and I will be paying capital gains on any gains we have from selling our family homestead, as neither of us have lived in the house for years.

Others have it even worse.  My niece is an American citizen living in the United Kingdom.  She has to file taxes to two governments.  Luckily, the United States allows people to exclude a certain percentage of overseas income from double taxation. (I don't remember the figures or the mechanisms.)  But if she had as large income, she'd be going broke giving money to two governments.  (I want to find out what my brother had to do for her this year - he could provide me with an education on this topic.)  Luckily for UK subjects, they don't get taxed by the UK for income earned overseas.

At least, I only have to give New York under $200 this year.  I'd rather owe NYS  than owe the Federal government, as NYS takes forever to send out refunds....

It's nice to know that some governments are giving citizens a tax break

 

Tax free if you want it - just go out and get one!

😁

 

Being serious, you will likely read this entry 2 weeks after I wrote it.  A lot of things could happen in those 2 weeks.  Yet, as I write this, Russia has not been able to conquer Ukraine as quickly as once thought.  And that's a good thing.  Given Russia's attitudes towards the LGBT population, we don't need the Russians to expand their territory to satisfy Putin's ego.

When I read the headline on a Newsweek article I read on the phone this morning, I had to laugh - what government in the middle of a war would have the time to consider the tax implications of enemy military equipment captured in battle?  But to be serious, I am concerned about what has happened, what is happening, and what will happen in Ukraine.  

A coworker of someone I know has family in Ukraine.  Her mother is safe with her brother in upstate New York.  But her father is near the Polish border. He's in the middle of the area from which refugees are fleeing into Poland.  Hopefully, he will survive the next few weeks.  Another person I know (she used to go to our game nights) also comes from Ukraine.  I should check on her to see if her family is OK.  I'll bet that most of us know at least one person who has family in the conflict area.  Hopefully, their family members will all be safe....