Unwelcome Tax Surprises: Nerdwallet's Kimberly Palmer

American tax deadlines are coming up and so Gaby talks to Nerdwallet's tax expert Kimberly Palmer all about how to avoid unwelcome tax surprises, getting extensions, what laws changed during Covid, and the overwhelming contradictions of paying taxes. Kimberly talks about how to get organized, what to do if you make a mistake, and what is taxed that you might not expect (debt, for one). Meanwhile, Gaby wonders how you don't just lie down on the floor and wish for death. Then, a listener emails about her fiance being furloughed and the other members of her family that she suddenly feels pressure to support during this time. And finally another listener writes in about all the changes her family is going through while she's on unemployment, with children who need medical attention. Financial guilt and grief abounds.

Send an email to [email protected] or leave a voicemail at 844-474-4040.

For a transcript of the show visit: https://docs.google.com/document/d/1cJFwXKJq0mihJ6k5dO2iA99HeBWUKk2SZ8quvxB3ULc/edit?usp=sharing

Find reliable tax information here:
www.IRS.gov
www.NerdWallet.com

Check out Kimberly Palmer on Twitter: @KimberlyPalmer
Check out Kimberly Palmer on Instagram: @KSPalmer

Check out the Bad With Money Instagram: @bwmpod
Check out Gaby Dunn on Instagram: @gabyroad
Shop gabydunn.com/shop for merch!
Learn more about your ad choices. Visit megaphone.fm/adchoices

American tax deadlines are coming up and so Gaby talks to Nerdwallet's tax expert Kimberly Palmer all about how to avoid unwelcome tax surprises, getting extensions, what laws changed during Covid, and the overwhelming contradictions of paying taxes. Kimberly talks about how to get organized, what to do if you make a mistake, and what is taxed that you might not expect (debt, for one). Meanwhile, Gaby wonders how you don't just lie down on the floor and wish for death. Then, a listener emails about her fiance being furloughed and the other members of her family that she suddenly feels pressure to support during this time. And finally another listener writes in about all the changes her family is going through while she's on unemployment, with children who need medical attention. Financial guilt and grief abounds.

Send an email to [email protected] or leave a voicemail at 844-474-4040.

For a transcript of the show visit: https://docs.google.com/document/d/1cJFwXKJq0mihJ6k5dO2iA99HeBWUKk2SZ8quvxB3ULc/edit?usp=sharing

Find reliable tax information here:

www.IRS.gov

www.NerdWallet.com

Check out Kimberly Palmer on Twitter: @KimberlyPalmer

Check out Kimberly Palmer on Instagram: @KSPalmer

Check out the Bad With Money Instagram: @bwmpod

Check out Gaby Dunn on Instagram: @gabyroad

Shop gabydunn.com/shop for merch!

Learn more about your ad choices. Visit megaphone.fm/adchoices