On Sun, Dec 8, 2024 at 4:12 PM Timothy Jesionowski < timothy.n.jesionow...@gmail.com> wrote:
> What I do is have a separate currency like CUSD (Corporate-USD) for money > flows that are about me but aren't my money. Works just as well for travel > expenses. > > Mostly this just makes the Income balances more immediately legible. > Nice! That definitely makes it easy to see the income you actually have at your disposal, but still track the total employer compensation. On Mon, Dec 9, 2024 at 12:58 AM Red S <redstre...@gmail.com> wrote: > Many ways to peel this orange. One way is thee other reply you’ve gotten > so far. > > When in this situation, I find it helpful to ask myself: “what set of end > results do I want out of my accounting system?” > The main reason I decided to adopt the system was to better track provider billing and insurance claims. Now I'm really just exploring other use cases. In terms of my paycheck import, the things that most immediately come to mind are being able to - track my employers total compensation so that I can compare employment opportunities - verify the information on my employer provided W2 - ensure that I'm withholding enough throughout the year to avoid tax penalties - eventually automatically import my beancount data into turbotax (or at least present it in a way that allows me to enter it quickly) On Mon, Dec 9, 2024 at 12:58 AM Red S <redstre...@gmail.com> wrote: > My personal take: > > (1) I’ve found to be valuable and fairly easy to accomplish. See my > writeup here > <https://reds-rants.netlify.app/personal-finance/computing-taxes-with-beancount/>. > I use metadata to match accounts to a W2. This allows me to record what I > want (eg: true health insurance premiums) without worrying they’ll affect > my W2: > That's an awesome writeup! I hadn't seen your capital_gains_classifier plugin <https://github.com/redstreet/beancount_reds_plugins/tree/main/beancount_reds_plugins/capital_gains_classifier>yet. I'll definitely check that out. Thank you for sharing. I'm a bit on the fence as to whether I want to organize my account hierarchy for tax purposes or not. I'm not opposed to it if there's not another way to accomplish tracking tax liabilities, but it would be cool if there was a way to do this via bean-query and tags (taxable, non-taxable, long, short) instead of having a lot of nesting within my accounts. I would really only want to check tax implications once a quarter, so a report for this would be ideal. -- You received this message because you are subscribed to the Google Groups "Beancount" group. To unsubscribe from this group and stop receiving emails from it, send an email to beancount+unsubscr...@googlegroups.com. To view this discussion visit https://groups.google.com/d/msgid/beancount/CAAe8NvNXWO9cU3s-wPGPxP7oifht2azPKykP4vexE%3Du-xdgz2w%40mail.gmail.com.
