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I owe $10

January 31st, 2026 at 08:11 pm

I was finally able to file my taxes.  I even took notes this time, because every year, I always feel a bit fuzzy about how I managed to file my taxes from last year.  I just don't do this stuff often enough.

Anyways, through some weird insurance marketplace situation, it turns out that I ended up owing the IRS $10.  Equally amusing, they immediately accepted my federal tax return filing for said $10.  I don't recall my filing being accepted this quickly when they owed ME money!

In other news, we're getting snow again.  However, I did do some shopping earlier, so I am prepared and am not planning to leave the house anytime soon.

7 Responses to “I owe $10”

  1. Dido Says:
    1769892482

    Congrats on getting your taxes done!

    I'm still waiting on my brokerage account statement, which won't be available until 2/13, before I can file. [That's the downside of a taxable brokerage account. While retirement accounts, which issue 1099-Rs, send them out in mid-January, brokerage accounts have longer, and also send them out in "waves" depending on the complexity of the investments in the account. If you have funds where accountants need to review to determine whether dividends are "qualified" or "non-qualified" or even could be classified as "nondividend distributions" (by which they mean "return of capital" = return of your own original contribution and therefore not taxable), those take a long time to review and may even be subject to corrections. What I've noticed is that if an account receives a corrected 1099-B one year, they are likely to get corrected 1099-Bs in other years, so I suggest to clients that they wait until the correction cycles have been completed by the end of February before they file. The big firms usually have 3 waves of 1099-Bs, mid-January, early February, and late February.

  2. mumof2 Says:
    1769926526

    I wish we could do ours online would be so much easier it costs me $35 plus to send it over there, I do know they have received it but they still have done anything with it yet.

  3. Tabs Says:
    1769959816

    Dido, next year’s taxes could be “interesting” for me then, because as a part of my portfolio rebalance, I’ve sold off all my individual stocks, and have switched over to ETFs instead, which might include stuff that you mentioned, including ROC.

    But that’s OK. It’s not like I am in a rush to get my taxes accepted, so long as they do accept it.

  4. PatientSaver Says:
    1769987802

    If you're anything like me, you're very glad it's done and behind you for another year.

  5. LivingAlmostLarge Says:
    1770063152

    $10 is a good.

  6. Tabs Says:
    1770138431

    Patient: Oh yeah, I’m totally glad it’s over. That’s why I try to get it done so early every year, because I just want it gone from my life!

    LAL: $10 is honestly good yeah. I prefer simplicity personally, so I just aim for $0 in my taxes every year.

  7. rob62521 Says:
    1770304846

    Wow, $10. Next year are you hoping to cut that in half? And the following year to zero? Smile
    DH has been adding stuff to our Turbo Tax, but we have to wait for a tax form to come in the middle of this month before we can actually sit down and do our taxes together. But like you, we are always glad when it is over, filed, and "accepted."

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