Tax time!

chelseyestelle · March 2014

Have we done this? How do you feel about taxes and what's going on this year?

mancila60 · March 2014

Our refund is much larger than normal. However I have to get stuff fixed first or else they will send us a stupid prepaid card type thing.

jennlin · March 2014

We owe about 1500 so far. Still working on more deductions but don't think it will come down much.

tashad18 · March 2014

I voted SS because we haven't done our taxes just yet, and I'm not sure how it will go just yet. I'm sure we get a refund, but I don't know if it will be large or small.

chelseyestelle · March 2014

We are getting our biggest refund yet. Thank goodness. We need it!

bkeane619 · March 2014

Large and in charge

ajjf1026 · March 2014

We got pretty much nothing back!! Ridiculous.

acethebase · March 2014

#doesthisansweryourquestion
#twokidsFTW

BrittanyCupcakes · March 2014

acethebase said:

#doesthisansweryourquestion #twokidsFTW

We had our refund direct deposited. DH went to the bank to withdraw cash, and came back with $300 in singles, just so we could play with the money. I owed my brother $100, so I paid him back in singles and told him it was "strip club ready".

(also I like to pay in all singles sometimes so people wonder if I'm a stripper)

carawasa · March 2014

I lucked out this year because we aren't married until this December and we bought a house. #winning

Inn2 · March 2014

Define "small" vs. "Large". Cause I think ours may be mid sized... But tired brain may be overthinking it!

chelseyestelle · March 2014

Inn2 said:
Define "small" vs. "Large". Cause I think ours may be mid sized... But tired brain may be overthinking it!

It's up to you what you think small and large are. It will vary from person to person. I said large because we are getting well above $6000 and that's really large to us. But we are young and poor so it might be small to someone else!

BrittanyCupcakes · March 2014

@Inn2 that's definitely a relative term. Mine was huge compared to what I'd normally get before LO, but small compared to what some get. I do taxes for a living, so I see refunds of all sizes, including over $10K.

chicsahm · March 2014

It is SCARY how much we owe… pay. We have a small company and pay throughout the year… it still makes me sick how much we give to the govt. S.I.C.K

nbcarlson · March 2014

chelseyestelle said:

Inn2 said:
Define "small" vs. "Large". Cause I think ours may be mid sized... But tired brain may be overthinking it!
It's up to you what you think small and large are. It will vary from person to person. I said large because we are getting well above $6000 and that's really large to us. But we are young and poor so it might be small to someone else!

This is us. Next year will be a while different story though. I'll be making a lot more, which is good for us but I will be a sad panda if I owe taxes lol.

babydoll22308 · March 2014

Uh DH is self employed. We pay in. Always.

huntjul · March 2014

We don't pay taxes while in St Kitts. But we were in the US 3 months of 2013 having Clara, so we have to an prorated taxes--on 1/4 of my year's income. Expecting that to hurt.

BlessUrHeart29 · March 2014

I said big, but it wasn't $6K-big! Woowwweee! Haha maybe I should have said small!

bionicb · March 2014

I'm single/head of household with a dependant. I'm getting a sizable chunk.

tmccord21 · March 2014

I didn't do them yet but we will owe around $15k from H's job

chelseyestelle · March 2014

tmccord21 said:
I didn't do them yet but we will owe around $15k from H's job

Ouch.

muffyvonmuff · March 2014

Dropped them at our CPA last week, Im hoping to find out next week what we get. Last year it was $3500 but since then we've bought a second house and had a kid so hopefully its closer to $5000. I think its total BS that only $2500 in student loan interest is deductible. I paid $7500 in just interest last year, I should be able to write it all off.

kelle017 · March 2014

We haven't done them completely but h started and we will get more than in past years.

NatesCupcake47 · March 2014

We are getting a large return and are paying off the last of my student loan with it! Debt free except for our mortgage then :-)

RedZee · March 2014

We don't deduct anything during the teaser to make sure we get a big refund. It ensures we get a little savings. Sadly,, during the year it means we get like 50% taken out. Insane. At least in Canada you get good mat leave and healthcare and other things.

Heather91011 · March 2014

We got a pretty nice refund but after putting the $1,000 credit for Carmen into her savings, installing new heat/ac unit and FINALLY paying off my wedding band we were left with very little. We ordered Chinese and ordered a movie haha

vvg28 · March 2014

No completed yet, but we usually get a lot back - as much as $11k one year, but typically $5-7k. We farm and have public jobs. Tons of write offs as young farmers starting out - buying equipment, land, etc. We have a truck we haven't even started depreciating bc we haven't needed it. I wonder how having LO will affect it.....

norbert5 · March 2014

Not sure yet. We just took them in. But a baby should add something to our normal refund.

asilwhite · March 2014

Haven't done them yet but we've gotten a nice refund every other year so we will see.

hlb622 · March 2014

We had our first full year in our new home, new baby, both of us were in school full-time...this was a good refund year for us. Like, $6,500 good.

hartsl01 · March 2014

We haven't even filed yet... fingers crossed!

alylove11 · March 2014

WTF am I doing wrong!? We are getting a whopping $800 back.

ajjf1026 · March 2014

alylove11 said:
WTF am I doing wrong!? We are getting a whopping $800 back.

That's what we got! And we paid an entire years interest on our mortgage. We were going to owe if it wasn't for DS. I think I know why and we will be fixing that for next year but either way, it's crap!

chelseyestelle · March 2014

hlb622 said:
We had our first full year in our new home, new baby, both of us were in school full-time...this was a good refund year for us. Like, $6,500 good.

Love it. That's about what we got. 6700! But it cost us 6600 OOP to have Jude so...

Lee81 · March 2014

I put SS because we haven't filed yet. I don't know what it will be. I fixed our withholdings a couple years ago because we used to get a pretty decent return and I figured it would be better to break even. Nothing has really changed and I didn't adjust anything for DD, so I'm thinking we should get a little something back. Once I see how much, I'll probably adjust the withholdings again. Sorry, IRS. No interest free loan from me.

adcc43 · March 2014

H owns his own business and made some bad decisions in his past so anything we would get back the goverment takes.

=((

tpeale · March 2014

Large!!!

Paying DH's truck off a year early!!!!

MrsStuessyWI · March 2014

$8,000 refund for us this year. I think we made about $10,000 this year (besides student loans), haha! So, I'd say we made out pretty good this year.

juliemay623 · March 2014

petdocd said:
We owe a bunch, just like every other year.

Ditto. Taxes suck... Sad that my job is as a tax accountant so I deal with this shit year round...

nbcarlson · March 2014

MrsStuessyWI said:
$8,000 refund for us this year. I think we made about $10,000 this year (besides student loans), haha! So, I'd say we made out pretty good this year.

Do you mean you guys made $10,000 gross income? And you got $8,000 back? Or am I crazy?

skyla13 · March 2014

huntjul said:

We don't pay taxes while in St Kitts. But we were in the US 3 months of 2013 having Clara, so we have to an prorated taxes--on 1/4 of my year's income. Expecting that to hurt.

@huntjul are taxes on wages earned in st kitts waved?

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