Sunday, February 19, 2012

Finally My Taxes Are Done!

This is the first year in memory that I was absolutely thrilled to do our taxes.  I used the online H and R Block program which was super easy (even with selling a house and self employment income last year) and super inexpensive ($30).  And, for the first time in memory we actually got money back! 
Within a week or so we are expecting $1700 to be deposited into our bank account complements of Uncle Sam (actually complements of hubby's pension earnings...seems we should change our withholding allowance so we won't be loaning so much money to the government, interest free, throughout the year though).  Before, we (actually I) always owed money in taxes because I have been self employed for over a decade and while I (usually) paid my quarterly taxes, I always came up short and owing at the end of the year.  This year I have very little self employment income and while our income puts us at way below middle class standards, we actually feel "richer" than we have felt in years.  So...our refund this year will be used for earnest money on the house we will make an offer on at the end of this month.  Along with a zero down VA loan, we should--hopefully--be moved into our own house soon!

3 comments:

  1. Well done on filing. We are still waiting for paperwork, so it will be another couple weeks or more before we can file. We too are looking at refunds so that is good.

    Gill in Canada

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  2. We have adjust both mine and DH withholding also. I would prefer to have the money in my hands every week to pay bills or put more into savings. I hope you find something soon

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