Multiples

can anything go right?

We were planning on getting back the same refund as last year, about 5k.  Nope, we are getting a whopping $16.  That was supposed to cover our debt and the items we needed for the girls.  No idea where the money is going to come from now.  I have no idea what changed on our taxes to make it be this different.  Ugg.

Re: can anything go right?

  • Wow that stinks!  We can't do our taxes yet we still are waiting for some papers to come in.  DH is convinced we are getting a ton of money this year and but I just don't see it and I'm worried he is getting his hopes up

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  • That isnt fun news to find out. Two years ago we got a few thousand back and it was great being able to splurge on a few items and then pay off some bills. The following year we were planning/hoping for a similar refund, only to find out we made a little more money, which put us into the next tax bracket by about $100 and we ended up having to pay money in. This year will be better since we have the girls we can claim.?
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    We also thought we were going to get a great refund.  Then I got my W2s and it doesnt look good.  For some reason they didnt take Fed. taxes out for then entire year!  Not for my old job for 9 months or my current job for 2 months.  Dh doesnt work but I didnt think that would matter.  I guess since we are a family of 5 living off one low income they dont take it out.  Still sucks.  But I guess what they didnt take out we had extra throughout the year. (have no idea if that is true, I seriously dont understand all the tax stuff)

    Dh still thinks we will get the earned income child credit.  Im crossing my fingers but not really getting my hopes up.

  • Atleast you didn't give Uncle Sam a free, no interest loan all year.  I personally would rather owe money than get money back.  Atleast I got to use the money during the year.  We usually break even.  I think we get $149 from fed and owe $109 to state.  Just the way I like it!
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