Tax Day, 2025

(Image from Forbes)

This Tax Day was stressful, but probably because in my dotage I'm less able to handle multi-tasking.

After working over the weekend I managed to finish my mother’s tax returns. They were not rocket science but not simple either; she has real estate rentals, some of which are professionally managed, and the ones that aren't had no financial statements. I had originally planned on putting the returns on extension but as I was nearing the finish line I realized I had enough information to complete them with a few more hours of work.

As for us, we are going on extension (physician, heal thyself). I put the big items in the computer and found that we owe some money, so we will pay the amount on Form 4868. At our leisure we’ll go hunting for 2024 deductions and maybe get a refund for some of them. We have until October 15th, which will arrive too quickly.

Well, I’m off to the post office. It will be a relief to put taxes aside for a few days.