April 18 is Tax Day

[Del]

Time to file your extension Form 4868, if you haven't already.

I'm off to the Post Office now.

[JimVH]

My refund has been in savings since February. My taxes are pretty uncomplicated.

[Del]

My refund has been in savings since February. My taxes are pretty uncomplicated.

Mine are hell. I bopped around several part-time jobs. I own rental property. I trade stock options. I took money out of an IRA. I'm a small part-owner of an LLC. I still have to itemize my deductions.

It would be okay if I made serious coin from any of that, but alas.....

[Biff]

My refund has been in savings since February. My taxes are pretty uncomplicated.

Mine are hell. I bopped around several part-time jobs. I own rental property. I trade stock options. I took money out of an IRA. I'm a small part-owner of an LLC. I still have to itemize my deductions.

It would be okay if I made serious coin from any of that, but alas.....

Supercilious coin is the worst!

[sweetandsour]

My refund has been in savings since February. My taxes are pretty uncomplicated.

Mine are hell. I bopped around several part-time jobs. I own rental property. I trade stock options. I took money out of an IRA. I'm a small part-owner of an LLC. I still have to itemize my deductions.

It would be okay if I made serious coin from any of that, but alas.....

Ours presumably (and hopefully) got e-filed, and our check put into the mail, by our CPA sometime between last Friday afternoon and last night at midnight. So in other words we filed early this year, for us.

I've been doing minor stock trading, but lately am studying about options, mostly the selling of calls. Two friends of mine seem to have it down pretty good, but neither is very good at explaining it.

[Del]

My refund has been in savings since February. My taxes are pretty uncomplicated.

Mine are hell. I bopped around several part-time jobs. I own rental property. I trade stock options. I took money out of an IRA. I'm a small part-owner of an LLC. I still have to itemize my deductions.

It would be okay if I made serious coin from any of that, but alas.....

Ours presumably (and hopefully) got e-filed, and our check put into the mail, by our CPA sometime between last Friday afternoon and last night at midnight. So in other words we filed early this year, for us.

I've been doing minor stock trading, but lately am studying about options, mostly the selling of calls. Two friends of mine seem to have it down pretty good, but neither is very good at explaining it.

Hobby traders like to boast about our successful trades -- but we tend to be quite shy about sharing when we lose. Just saying that your friends might not be doing as well as they sound, so don't be jealous. (I lost quite a bit before I got my head straight on risk, reward, and position size. I'm on track to break even in about three years. Don't tell anybody.)

There are a lot of moving parts to option trading, so it's complicated until you get the hang of it. It's way cheaper to pay for a good online course than to learn by losing real money. Practicing for some months with pretend money ("paper trading") is important.

Selling covered calls is about the simplest and safest way to tease some extra return on your stock holdings. The worst risk is that you only get to keep part of the gains if the underlying stock goes zooming up. So I hope your friends are doing as well as they say!

[joegoat]

I'm so glad our situation is simple. 2 W2's and standard deduction. Owed $4 to the feds and the state owed us a couple hundred. I don't fool with the short term investments. I'm not convinced it's easy money. My long term investments were doing great until right about inauguration day.... I digress.
The best thing about the tax bill that passed under Trump is the withholdings are much more accurate. I don't care for the government holding thousands of dollars for me all year.
Baby Benny showed up two weeks late to be a tax deduction for 2021.

[Bloodhound]

Aside from the daily e-mails I get from the tax software company saying that according to their records I have not filed yet, I did in fact file with their software and system and we already have the refunds in the bank.

[sweetandsour]

Mine are hell. I bopped around several part-time jobs. I own rental property. I trade stock options. I took money out of an IRA. I'm a small part-owner of an LLC. I still have to itemize my deductions.

It would be okay if I made serious coin from any of that, but alas.....

Ours presumably (and hopefully) got e-filed, and our check put into the mail, by our CPA sometime between last Friday afternoon and last night at midnight. So in other words we filed early this year, for us.

I've been doing minor stock trading, but lately am studying about options, mostly the selling of calls. Two friends of mine seem to have it down pretty good, but neither is very good at explaining it.

Hobby traders like to boast about our successful trades -- but we tend to be quite shy about sharing when we lose. Just saying that your friends might not be doing as well as they sound, so don't be jealous. (I lost quite a bit before I got my head straight on risk, reward, and position size. I'm on track to break even in about three years. Don't tell anybody.)

There are a lot of moving parts to option trading, so it's complicated until you get the hang of it. It's way cheaper to pay for a good online course than to learn by losing real money. Practicing for some months with pretend money ("paper trading") is important.

Selling covered calls is about the simplest and safest way to tease some extra return on your stock holdings. The worst risk is that you only get to keep part of the gains if the underlying stock goes zooming up. So I hope your friends are doing as well as they say!

They just do covered calls. But they always sweat out the end dates for stock they really wish to keep. A buddy lost his Chevron that way, and another still moans about having to sell his Morgan Stanley or some other similar stock. Anyway I am only considering covered calls.

[sweetandsour]

Mine are hell. I bopped around several part-time jobs. I own rental property. I trade stock options. I took money out of an IRA. I'm a small part-owner of an LLC. I still have to itemize my deductions.

It would be okay if I made serious coin from any of that, but alas.....

Ours presumably (and hopefully) got e-filed, and our check put into the mail, by our CPA sometime between last Friday afternoon and last night at midnight. So in other words we filed early this year, for us.

I've been doing minor stock trading, but lately am studying about options, mostly the selling of calls. Two friends of mine seem to have it down pretty good, but neither is very good at explaining it.

Hobby traders like to boast about our successful trades -- but we tend to be quite shy about sharing when we lose. Just saying that your friends might not be doing as well as they sound, so don't be jealous. (I lost quite a bit before I got my head straight on risk, reward, and position size. I'm on track to break even in about three years. Don't tell anybody.)

There are a lot of moving parts to option trading, so it's complicated until you get the hang of it. It's way cheaper to pay for a good online course than to learn by losing real money. Practicing for some months with pretend money ("paper trading") is important.

Selling covered calls is about the simplest and safest way to tease some extra return on your stock holdings. The worst risk is that you only get to keep part of the gains if the underlying stock goes zooming up. So I hope your friends are doing as well as they say!

Anyway, I'm currently riding a steep down slope with NVDA, and thinking about selling and cutting losses tomorrow, essentially erasing earlier gains with this stock. Some folks say get out, some say it'll come right back. But I don't care to wait, when there are better buys coming up I think.