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Reply to "Taxes - big jump this year?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]22:10 again, I forgot to mention that we had no capital gains.[/quote] Seriously? You have nothing invested outside retirement accoounts? Wow. Cap gains are what killed us this year. Can't complain - it's a fraction of what we made in the market. I just assumed that's why everyone was so upset - they failed to plan for a banner year.[/quote] Correct - nothing outside retirement accounts for now. We max out the 401(k) contributions, but that is it for savings. We hope to do better once the kids get out of expensive daycare and into public school. I think that add'l taxes on self-employment earnings were the main contributors to our increase in 2013.[/quote]
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