FTFC #112 - Yes, it is tax time Mystery Cache
FTFC #112 - Yes, it is tax time
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Difficulty:
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Terrain:
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Size: 
(regular)
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The cache is not here...but you can take your frustrations out on a soccer ball nearby.
Well it is that time of the year again. If you have not already filed your taxes then you need to get your paperwork in order and start filling out forms.
The following is entirely fictitious but there is some information that can help you find the cache. Apologies for those left out.
FamilieRyan indicated that he decided to put some extra money in his health savings account. “I had no idea I would have to pay additional tax on excess contributions to my Health Savings Account. I had to fill out a form and pay and extra $58. Not too bad, and my wife is going to pay for half of this.”
A friend of Kirbydox with 5 kids had to jump through lots of hoops, fill out Schedule EIC, a number of tables in the 1040 instruction, add, subtract, multiply and divide but in the found out her kids were qualified and received a $220 tax credit.
Criffree said that he got his taxes done in February because they are so easy he only needed to fill out the 1040.
“I am getting a big refund”, said BigBender. “I think I will have the government put 25% in my vacation savings account, 50% in my checking account and provide the rest in Series 1 savings bonds.”
Hoosier Ranger and the Rangerette were over heard discussing the tax implications from having purchased a small stake in a company that sells electricity from landfill gas. They made about $1900 but had to pay about 50% of the profits in tax.
Forty-two
Agtitan told some of us that he had changed his W-4 form from 1 to 15 exemptions so that they would not take out as much tax on each paycheck but that he had to fill out form 2210 and pay a big penalty because at the end of the year he had underpaid what he owed in taxes by $1932.
Muddy Buddies was explaining that a side business they have is to distribute low budget motion picture films. “This is considered an at risk activity and there are some tax breaks you can receive, for example this year I saved about $409”.
The cache is located in a park (with hundreds of other caches) with dangerous critters and plants. Please be careful.
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