I have now submitted our 2024 tax return. Somebody (me) has exceptional procrastination skills.
The numbers this year are very nice – overall we “earned” more and paid about the same.
The Go Curry Cracker 2024 Taxes
Executive Summary
Total income was higher than last year due to realized capital gains and higher blog income (in part due to more consulting .)
Overall we paid $0 in federal income tax (net $1,060 paid to us in refundable tax credits), $0 in California income tax, and $2,824 in self-employment taxes (which increase future SS income.) Not including all health insurance related credits, total tax burden was $1,764 or ~2% of total income.
Form 1040
Income – $86,724 W2: $0
Interest: $5,240 (mostly from short-term US treasuries, using money borrowed from credit cards at 0% interest )
Travel hacking : $0 (but spent $0 on a week stay in a $1,000/night all-inclusive resort in Mexico)
Dividends: $31,526 Qualified: $25,132
Blog profit: $20,322 (significant increase over prior year thanks to…