I’m still pretty baffled by tax code. In my most focused moments I can be found following links to read about tax opportunities that work best for the early retiree lifestyle. Luckily the authors and bloggers that direct me to these sites usually clearly explain the premise of the idea before I reach the IRS page so I am not overwhelmed by the jargon. But with my own W-2 soon to be posted I wanted to be prepared for my first tax season, which will be in some ways easier and in others more difficult than previous years. This year is easier in that it is the only one where I have paid taxes and held only one job at one company with no gaps or unemployment. It is more difficult because as a result of my Roth IRA mishap last spring I have a few hundred dollars of money in a taxable account. Since it is a Vanguard Target Retirement Fund it includes both stocks and bonds as well as domestic and international versions of both, which all create some added complexity. Continue reading “2014 Taxes: Surprise!”
