Anyway they're saying that I made an extra $1064 that they should have taxed me on and I owe them $300. The letter is long and weird (most of it consists of papers to just send in the money) and I'm trying to figure out a way to disagree with them. That $1064 is from the mutual fund I cashed out that year. The story there: when I was 18 I saved up $1000 (which was a BIG deal) and wanting to be responsible I bought the mutual fund. Six years later I'd made $64, which I thought was a load, so I cashed that bitch out and used it responsibly towards a 15" powerbook G4. I was really bitter about it, because $1000 now is a few rent payments... a nice boost to the monthly budget, but you know, not life changing. When I was 18 $1000 was infinity money. I mean, it took me four years of babysitting and working at a shoe store at $6.25 an hour to get that. I could have started my freshman year with a much better wardrobe but I didn't. And the worst part was that the purpose of the mutual fund was to get me a good start after college... it was supposed to be my first car's downpayment, or first month's rent, or furniture, for a girl starting out with nothing. But in 2002 it wasn't even $1000. I left it in the fund from 2002-2004 to make that back, it was down to $800 when I graduated and I didn't want to pull out while share value was so low. It's a tragic story of $1000 that never was there for me and now it REALLY never was there for me since I owe $300 on it.
So it's not like I made $1064, on the contrary, I made $64 IN SIX YEARS, and every year that it actually made money I paid taxes on the incremental profits, and I never wrote off the initial $1000 because I was too poor to even pay taxes when I was 18. Normally I'm not too bitter about the tax thing, I know we all have to do our part, but they're taxing something that's an emotional pinpoint with me. Hell, especially NOW, since I'm investing on my own and doing pretty craptacular at that (I bought stocks for my birthday this year, on May 20th, and they've done nothing but plummet since then... money hates me).
Should I get an accountant for this or a lawyer?
In other news you're probably wondering why I'm updating my journal at 3 am... well, Marc and I were planning to go out last night but felt tired after our workout, so we decided to take a "disco nap" and laid down a little before 9 with plans to wake up at 11 and hit the clubs, and that all sort of backfired because we forgot to wake up at 11. dammit. okay, there's always saturday night.