Well I owe federal about $3k and state owes me about $4k…
But the best part is I reviewed my taxes and realized that with turbo tax, I was accidentally importing my custodian account for my kid into my own tax, even though I filed my kid separately already….
It made me wonder if the same thing happened in 2012 and 2011…Yup it did…
So I also have to file a 1040X and 540X for both 2012 and 2011… I think combined the fed and state owes me about $3k for those two years for me overpaying… Plus interest….
I know, I should have double checked things, and how come my tax folks missed it…. Well, because my 1040 is around 200 pages, and my kid’s taxes is so easy I just end up doing them separately….. Oops…