Showing posts with label refund. Show all posts
Showing posts with label refund. Show all posts

Thursday, April 12, 2012

Pleasant surprise!

In an attempt to not wait until the last day to do our tax returns I worked on them this afternoon and got them done.  I had been purposely putting it off as I thought for sure we owed this year!  After all, I was a 1099 employee first quarter last year.

Much to my delight though, we are actually due to get a refund! Woo hoo!   I had enough taxes taken out when I became a W2 employee, that it more than covered any taxes I would have owed.  Now I know tax experts always say, if you are getting back a refund you are paying too much in taxes and the advise is to change the amount having withdrawn.  I say no thank you!

I know I don't earn any interest on the taxes that Uncle Sam has throughout the year but I'd still rather get a refund come tax time than owe money!  It is what I consider a savings account and I know others think like me when they have a hard time savings any money.

So I am in a great mood now that I know this fact.