Kitty Pryde-Barton (![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
throughaphase) wrote in ![[community profile]](https://www.dreamwidth.org/img/silk/identity/community.png)
fandomhigh2015-03-08 09:41 pm
throughaphase) wrote in fandomhigh2015-03-08 09:41 pm
Entry tags:
Adulting 101- Monday- 4th period
It didn't matter if Kitty had checked over the Danger Shop yesterday, they were not going in there today. Your teacher had spent days counseling kids over trauma, boys and girls, and she was not doing it again! Give her time. So, everyone was meeting in the computer lab.
"This is the boring class I promised last week," Kitty said, not that she knew about the napping thing yet. "Every year around this time, if you get income from a job, you have to do your taxes. Because the government takes some of your money in order to pay for civil services, and things like infrastructure, and at the end of the year you look at what you made and find out if you paid too little, in which case you have to send them some more money, or too much, and then you get some money back. And to do that, because you're dealing with the government, you have to fill out paperwork.
"What happens is, your job hands you a form called a W-2, which says how much you earned and how much you paid. They have till the end of January to send it or give it to you or whatever, and if you've worked multiple jobs you have a W-2 for each, but since you're starting out here everything should be pretty simple. And you have a few different options on how to get them done. You can still find paper forms at the library and mail them in, and you can download the instruction booklet online. You also have to do taxes at the federal level and whatever state you're in, so if you do that you have to make sure you have forms for each. You can file them online using a service like TurboTax, which does most of the work for you, but you usually have to pay to file, and they can file everything at the same time. And then you could always just get a professional to do your taxes and file them, though that's going to cost more and until you start owning property and having investments and a lot of deductions- which are things you did or bought that you're owed money for- then you don't really need that.
"What you're going to do today," Kitty said, "is to practice them. I put a practice site up so you can run the information from the W-2s in front of you into the computer and see what happens, or if you want, I've got some of the paper forms and instruction booklets here if you want to try doing them that way. Sorry this is so boring, I really am."
"This is the boring class I promised last week," Kitty said, not that she knew about the napping thing yet. "Every year around this time, if you get income from a job, you have to do your taxes. Because the government takes some of your money in order to pay for civil services, and things like infrastructure, and at the end of the year you look at what you made and find out if you paid too little, in which case you have to send them some more money, or too much, and then you get some money back. And to do that, because you're dealing with the government, you have to fill out paperwork.
"What happens is, your job hands you a form called a W-2, which says how much you earned and how much you paid. They have till the end of January to send it or give it to you or whatever, and if you've worked multiple jobs you have a W-2 for each, but since you're starting out here everything should be pretty simple. And you have a few different options on how to get them done. You can still find paper forms at the library and mail them in, and you can download the instruction booklet online. You also have to do taxes at the federal level and whatever state you're in, so if you do that you have to make sure you have forms for each. You can file them online using a service like TurboTax, which does most of the work for you, but you usually have to pay to file, and they can file everything at the same time. And then you could always just get a professional to do your taxes and file them, though that's going to cost more and until you start owning property and having investments and a lot of deductions- which are things you did or bought that you're owed money for- then you don't really need that.
"What you're going to do today," Kitty said, "is to practice them. I put a practice site up so you can run the information from the W-2s in front of you into the computer and see what happens, or if you want, I've got some of the paper forms and instruction booklets here if you want to try doing them that way. Sorry this is so boring, I really am."
Sign In
Re: Sign In
Re: Sign In
Re: Sign In
Re: Sign In
Re: Sign In
Re: Sign In
Listen to the lecture
Do your taxes
Re: Do your taxes
She fell asleep before she finished filling in her name.
Okay, then.
Re: Do your taxes
Good thing she'd opted for the electronic version, or she might have ended up with ink all over her face.
Talk to Kitty
OOC