Damn Taxes!

Pretty Accurate, Right?

Just when I think things are going to be okay... We received all of our W2s and most of our other paperwork this week. I decided to get an idea of what our tax bill would be, before I send my packet to the accountant.  Using the free service from taxslayer.com, I started to panic when I saw our bill is going to be around $5,000!!!  Time to start praying...

What I want to know is why can't I write off all of our student loan interest?  I have statements here totaling more than $19,000 we paid in student loan interest.  Grrr... The $11,000 in mortgage interest only lowers the bill by about $2,000.  We did donate about $2500 to charity this year, put $1500 in 401ks, and have several work expenses to itemize but there is really only one thing we can do... Change our W2s for next year!

Lets hope someone with a little more skill can work some magic.