Well, the taxes are done. I spent most of my time trying to figure out how to use the “Student Loan Interest Reduction Worksheet 4-1.” Except in the end it didn’t matter because I owe 0 taxes (and you can’t claim a deduction if you owe $0!) Anyway, here’s what doesn’t make sense to me:
You should fill out this worksheet if you are filing form 2555.
(OK so far.)
Enter the amount that you get from this worksheet onto line 33 of form 1040.
(Yeah, I’m with you; let’s take a look at the worksheet.)
Worksheet 4-1 line 4. “Enter any amount you entered on the dotted line next to Form 1040, line 36.”
(OK, let’s see what I entered on Form 1040 line 36.)
Form 1040 Line 36 reads, “Add lines 23 through 31a and 32 through 35.”
(Wait a minute! I need to enter line 33 in order to enter line 36. But I can’t enter line 33 until I’ve completed the worksheet, and I can’t complete the worksheet until I’ve filled in line 36! It doesn’t make sense!!!)
Solution: Don’t enter the student loan interest reduction because it won’t change anything anyway!
You should fill out this worksheet if you are filing form 2555.
(OK so far.)
Enter the amount that you get from this worksheet onto line 33 of form 1040.
(Yeah, I’m with you; let’s take a look at the worksheet.)
Worksheet 4-1 line 4. “Enter any amount you entered on the dotted line next to Form 1040, line 36.”
(OK, let’s see what I entered on Form 1040 line 36.)
Form 1040 Line 36 reads, “Add lines 23 through 31a and 32 through 35.”
(Wait a minute! I need to enter line 33 in order to enter line 36. But I can’t enter line 33 until I’ve completed the worksheet, and I can’t complete the worksheet until I’ve filled in line 36! It doesn’t make sense!!!)
Solution: Don’t enter the student loan interest reduction because it won’t change anything anyway!
In other news, I’m currently wearing contacts! I can see! It was so weird watching TV without my glasses last night! Also, I’m not used to seeing my self so clearly in the mirror! Usually my reflection is either a little blurry, or I have glasses covering my face! That’s all for now! Yay that my taxes are done!
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