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JenniferEver
The Disney Lady
Member since 5/05 18163 total posts
Name: Jennifer
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Obnoxious Tax Refund Question
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Posted 2/12/08 9:49 AM |
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pinkandblue
Our family is complete, maybe
Member since 9/05 32436 total posts
Name: Stephanie
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Re: Obnoxious Tax Refund Question
my dd was a added tax deduction this year
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Posted 2/12/08 9:49 AM |
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JenniferEver
The Disney Lady
Member since 5/05 18163 total posts
Name: Jennifer
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Re: Obnoxious Tax Refund Question
Wow for the $5000!!
I don't even think I paid that much
That's AWESOME though. You can really do some damage with that amount...actually I think it would pay off all of my CC debt!
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Posted 2/12/08 9:52 AM |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name: Meaghan
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Re: Obnoxious Tax Refund Question
would be over $5000 if i hadn't sold stock last year.
and of course we OWE state. we always owe state.
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Posted 2/12/08 9:59 AM |
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Lisa
I'm a PANK!!!
Member since 5/05 22334 total posts
Name: Professional Aunts No Kids
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Re: Obnoxious Tax Refund Question
we get a heafty return each year but my DH and I both claim single zero through out the year.
I know a lot of people think we shouldnt be giving the govt our money interest free BUT we are not going to put the extra few bucks into a savings acct each month so this is like forced savings for us....
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Posted 2/12/08 10:02 AM |
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JenniferEver
The Disney Lady
Member since 5/05 18163 total posts
Name: Jennifer
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Re: Obnoxious Tax Refund Question
Posted by Lisa
we get a heafty return each year but my DH and I both claim single zero through out the year.
I know a lot of people think we shouldnt be giving the govt our money interest free BUT we are not going to put the extra few bucks into a savings acct each month so this is like forced savings for us....
I hear you. If I had the money every month, it would have been a relatively small amount and it would have gone to otehr bills piecemeal. now it's a chunk that will pay off a CC, which I guarantee I'd still be paying off even with the extra $$ in my paycheck every month.
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Posted 2/12/08 10:04 AM |
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MrsPJB2007
MBA at your service!
Member since 7/06 12020 total posts
Name: MJ
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Re: Obnoxious Tax Refund Question
i'm quite happy that DH and i will be receiving a very nice refund this year. woohoo!
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Posted 2/12/08 10:07 AM |
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melbalalala
Little Lady
Member since 5/07 5014 total posts
Name: Melissa
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Re: Obnoxious Tax Refund Question
Posted by JenniferEver
Posted by Lisa
we get a heafty return each year but my DH and I both claim single zero through out the year.
I know a lot of people think we shouldnt be giving the govt our money interest free BUT we are not going to put the extra few bucks into a savings acct each month so this is like forced savings for us....
I hear you. If I had the money every month, it would have been a relatively small amount and it would have gone to otehr bills piecemeal. now it's a chunk that will pay off a CC, which I guarantee I'd still be paying off even with the extra $$ in my paycheck every month.
But if you used that money every month to pay towards your CC bills, you'd be paying less overall (instead of letting the interest build up)?
We try to get as little refund as possible so that we can save the money throughout the year and earn interest on it.
Message edited 2/12/2008 10:09:44 AM.
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Posted 2/12/08 10:07 AM |
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MrsPJB2007
MBA at your service!
Member since 7/06 12020 total posts
Name: MJ
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Re: Obnoxious Tax Refund Question
Posted by Lisa
we get a heafty return each year but my DH and I both claim single zero through out the year.
I know a lot of people think we shouldnt be giving the govt our money interest free BUT we are not going to put the extra few bucks into a savings acct each month so this is like forced savings for us....
totally know what you mean!
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Posted 2/12/08 10:08 AM |
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MsMBV
:P
Member since 5/05 28602 total posts
Name: Me
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Re: Obnoxious Tax Refund Question
Posted by Lisa
we get a heafty return each year but my DH and I both claim single zero through out the year.
I know a lot of people think we shouldnt be giving the govt our money interest free BUT we are not going to put the extra few bucks into a savings acct each month so this is like forced savings for us.... We do the same, and since Dh works on a commission scale that can change, we take out additional each paycheck for him to make sure we don't owe at the end of the year.
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Posted 2/12/08 10:12 AM |
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photoshopbabe
wow....
Member since 5/07 2197 total posts
Name: linda
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Re: Obnoxious Tax Refund Question
hardly anything-we dont have a mortage or anything to claim.
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Posted 2/12/08 10:15 AM |
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dm24angel
Happiness
Member since 5/05 34581 total posts
Name: Donna
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Re: Obnoxious Tax Refund Question
WOW! Over $5000 is amazing!
We owe state..we always owe state.
We got a refund b/c of our son this yr. FINALLY a refund!
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Posted 2/12/08 10:18 AM |
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leighla
Support Cancer Research
Member since 5/05 16353 total posts
Name: Lauren
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Re: Obnoxious Tax Refund Question
We have a mortgage and a child and a lot of medical bills last year and we STILL OWE!!!!!
Apparently we make too much money, have too good of medical coverage, and have too low taxes.
So it's great to be us the rest of the year, it just $ucks at tax time.
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Posted 2/12/08 10:19 AM |
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JenniferEver
The Disney Lady
Member since 5/05 18163 total posts
Name: Jennifer
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Re: Obnoxious Tax Refund Question
Posted by melbalalala
Posted by JenniferEver
Posted by Lisa
we get a heafty return each year but my DH and I both claim single zero through out the year.
I know a lot of people think we shouldnt be giving the govt our money interest free BUT we are not going to put the extra few bucks into a savings acct each month so this is like forced savings for us....
I hear you. If I had the money every month, it would have been a relatively small amount and it would have gone to otehr bills piecemeal. now it's a chunk that will pay off a CC, which I guarantee I'd still be paying off even with the extra $$ in my paycheck every month.
But if you used that money every month to pay towards your CC bills, you'd be paying less overall (instead of letting the interest build up)?
We try to get as little refund as possible so that we can save the money throughout the year and earn interest on it.
That would be true if I paid exactly $x more per month to that CC. I don't think that would actually happen. I have soo many bills.
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Posted 2/12/08 10:20 AM |
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PotofLuck06
Our Baby Boy Is Here!!!
Member since 11/06 13241 total posts
Name: Betsy
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Re: Obnoxious Tax Refund Question
I'll answer this weekend when we get our taxes done!
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Posted 2/12/08 10:21 AM |
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Lisa
I'm a PANK!!!
Member since 5/05 22334 total posts
Name: Professional Aunts No Kids
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Re: Obnoxious Tax Refund Question
Posted by dm24angel
We owe state..we always owe state.
we used to owe the state also, then a few years ago my DH had an extra $15 each paycheck taken out for the state and now we almost even out each year. we get back a little bit BUT not the total extra that we give them each year...
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Posted 2/12/08 10:26 AM |
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Ophelia
she's baaccckkkk ;)
Member since 5/06 23378 total posts
Name: remember, when Gulliver traveled....
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Re: Obnoxious Tax Refund Question
Posted by Lisa
Posted by dm24angel
We owe state..we always owe state.
we used to owe the state also, then a few years ago my DH had an extra $15 each paycheck taken out for the state and now we almost even out each year. we get back a little bit BUT not the total extra that we give them each year...
this is what I do b/c I always owed state (especially when I worked on LI...no ONE got my payroll taxes right!) now I claim 1, plus $10 extra out. I end up with teeny state refund, so I know it's the right amount extra.
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Posted 2/12/08 10:30 AM |
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Smileyd17
kids
Member since 5/05 20997 total posts
Name: Mommy
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Re: Obnoxious Tax Refund Question
I expected over $5k. We bought a house and had a child in the same yr!
Also, DH is NYPD..they take out ALOT so in the end..its a nice return.
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Posted 2/12/08 10:31 AM |
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