Tax time

It's tax time in our household. Just went through our worksheet. Final tally:
Wife income: $33,000
Consulting biz gross receipts: $72,000
Consulting biz expenses: $36,000
consulting biz income: $36,000
dividend/capital gains: $1,000
AGI before my accountant does his magic and figures some more stuff out: $70,000

taxes paid by wife
$2,448 fed tax
$2,100 SS
$1,800 state
$470 medicare
taxes paid by onein5:
$1,090 federal

total taxes paid so far in 2007: ~$7,900. Not counting sales tax, gas tax, airport tax, highway tax, etcetera. :)

possible itemized deductions:
$6,000 IRA contributions
$900 qualified retirement plan
$9,200 mortgage interest
$345 student loan interest
$200 vehicle tax (state property tax)

Est 2007 taxable income: $52,500. We'll see what my accountant says we owe.