Retiring has enabled me to stop doing many activities such as getting up early and commuting to work. However, there are some activities from which I won't get to retire.
I filed our 2011 tax return a couple of months ago since I applied for an extension. Although we got a large refund, I didn't enjoy doing the return. I had to learn a lot of rules that have no useful purpose except to complete our tax return to get our refund. Our tax return is actually more complicated than before I retired.
Even many of the 47% who pay no federal income tax have to file a tax return is order to pay zero taxes. So I guess it's wishful thinking to hope for not doing a tax return since I expect to always have some taxable income every year.
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This is not financial or tax advice. Please consult a professional advisor.
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November Income – $5214.58
1 week ago
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