Hot damn tamale

[OMGWTFBBQ]

I am sitting here doing my taxes and I don't really have any of the forms, so it makes it fun. I do have a lot of the electronic stuff though.

I was pleased, and still am, that I am going to get a lot of my taxes back that were taken out.

Then I decided to check out my brokerage accounts that I have - I haven't traded on them in a few years except for a Coke (KO) purchase sometime last year I think.

I looked at one and it was none too inspiring, I don't recall how much I put into it, so it was hard to say how it was performing.
Then I looked at another, and again I couldn't recall how much I had put into it.

So I just clicked on the history of the account for the past 2 years to see what had been going on.

It turns out that an oil/gas stock that I bought at 2.25 (100 shares) is now at 10.79.
A biotech company that I bought a few hundred shares at .67 is now at 1.63.

What really sucks is that all of the stocks that I purposely bought for their dividends so that they could reinvest back into themselves... aren't doing that.
Also, every quarter this broker (Quick and Reilly, who bought out my old broker of Suretrade) charges me $25 - which negates a lot of the dividends.

So some of these would have grown even more impressively with the full dividend going back into it.

Doesn't matter since I am going to sell all of them.
But from less than a $1000 invested 2 years ago and really poor management (I have logged into this account about 2 times now in 2 years), I have tripled the money.

Pleasant surprises - between the $3K in the stocks and the $3K back in taxes, I should be able to pay off about a third off my debt... well, maybe a quarter.
Good feeling.

 

[gonelifting]

bastard.

Also I hate getting a refund. Last year I got 3k or 3.5 This year I claimed 7 dependants. Hopefully I end up even. No need to lend them interest free loan.

 

[OMGWTFBBQ]

Yeah, I normally don't like to get money back for exactly that reason - no reason to give them an interest free loan.

But I am getting so much back because they were taxing me at one rate, but then I made a fraction of that (less than half), so too much was taken out.
(made a fraction because I left the country and am not taxed on the level of pay that I am at here)

I just don't want to have this set off some sort of audit alarm.

 

[gonelifting]

I just don't want to have this set off some sort of audit alarm.

I don`t think it`s a problem. I`ve had income some years and the next... ZERO then income another year or two, then... ZERO. Nothing ever happened. Not sure if that`s what you mean but that`s my story.

And of course that does`nt mean it WON`T happen to you. I think it`s more of a fear thing than an actuality. (audits)

 

[OMGWTFBBQ]

My dad was audited when I was in college. I had to xerox my SS card for that and in the process (I hadn't had much sleep) I lost my card (not "lost" in that it was taken away, but "lost" in that I had the card one day, and then the next day I couldn't find it anymore).

I'm going to liquidate this Q&R account, their fees and charges are retarded.
I wonder what hoops they will make me jump through to liquidate, not to mention the charges.