Sandy at First Gen American has proposed another Coffee Talk. This is when she presents a topic and as many bloggers as possible jump in on the same day to cover it from their unique point of view. This month’s topic asked what our tax return would say about us to an eccentric entrepreneur – would it help us secure our dream job?
My Tax Return is Boring
Here are the only things I can deduce based on our tax return:
- My husband and I work a lot since we show regular income as well as extra income from my online endeavors and my husband’s sports officiating.
- We pay very little interest on our mortgage and do not donate more than $8000 a year – we still take the standard $11,800 deduction since it is higher than everything we could itemize.
- We invest for our future – we show Capital Gains and Losses from our stock portfolio.
- We have no kids or other dependents.
Like I said, we are very boring people on paper.
What I Wish Our Tax Return would Show
If a crazy dude offered me a dream job and wanted to take a look at my tax return, here is what I wish he could figure out:
- I wish the amounts we show for my online business and my husband’s sports officiating could be highlighted with little stars and smiley faces drawn around them to show that those jobs make us happy.
- I wish you had to enter the amount of hours you work.
- I wish he would know about the random things I buy for random people just to make everyone’s day a little better. There just isn’t anywhere to write down random acts of kindness. I usually splurge on these once or twice a month.
- I wish he could see more than one return and know that my husband and I both quit our day jobs and are working completely from home now. His dream job would have to be something absolutely amazing to outrank our current situation.
My tax return just isn’t a good way to judge me as a person or potential employee. It is just financial info on paper but it leaves out the depth of my life. It leaves out our reasons for investing for the future – security and our quest for financial independence. It doesn’t show how content we are in life right now. It never even mentions the highest valued parts of our lives like our support network of family and friends.
For an employer, it only shows how much income we make and a few investments. It doesn’t actually show how hard I am willing to work on something that I enjoy. My 100 plus hour work weeks are never even hinted at. The pure joy at having my own business isn’t mentioned. It doesn’t have a place where I can mark how highly I value my reputation or any other key values I hold dear. There are no spots to indicate personality traits like “helpful”, “reliable”, or “energetic”. There isn’t anywhere to write in references or to point out the people in my life that would vouch for me.
Overall, I hope nobody ever asks to make a decision about me based on my tax return.
How about you? What does your tax return say about you?