dammit

So hobbitt owns a piece of an S-Corp, from back when he hired on with a start-up company. The shares he received were an enticement, considering he was taking a monumental pay cut at the time.

It's been a pain in the ass ever since. He was working in Atlanta, living in Illinois, and owning a piece of a company that was incorporated in Massachusetts. That meant we had to file three state income tax returns in addition to the federal.

He's received distributions from time to time, and they've been very small. Small enough that we'd like to think we can skate by not jumping through the hoops we'd have to in order to file in Massachusetts again. Another lovely thing is that these checks all arrive at the end of April, after we've finished our taxes.

So we got a check today, dated 4/15, a distribution from 2006. And it's big. It's big enough that we're going to have to file an amended federal return and file in Massachusetts. And we're probably going to owe money to both. Not much, probably three times the amount we got in a refund today ($140), but still.

Don't get me wrong. Income is good. Income is wise. And this will likely pay for most of the cushy ticket he booked for his trip to Peru in July.

But I'm the one who does the taxes. And I say, "Dammit!"