Comments on: Our Taxes Are Done! Our Taxes Are Done!

By: J. Money

J. Money — Thu, 15 Apr 2010 00:40:58 +0000

Too late ;)

By: Doctor S

Doctor S — Wed, 14 Apr 2010 02:35:11 +0000

I gotta write a damn $2.00 check to the state of Pennsylvania and mail these tax papers before the deadline. Turbotax did me wrong this year! Congrats on your 3K return, dont go spending it all in one place!

By: J. Money

J. Money — Fri, 09 Apr 2010 20:35:58 +0000

Ahhh yeah for sure. I don’t assign all my little Washingtons either, so I got ya ;)

By: ctreit

ctreit — Fri, 09 Apr 2010 20:25:32 +0000

We don’t give a job to every dollar we save. We pay for big ticket items like vacations and cars out of this general savings account. Makes sense?

By: J. Money

J. Money — Fri, 09 Apr 2010 20:04:21 +0000

@Investing Newbie – haha, nice work.
@DCPrincess – Oh dang, yeah I mad a similar mistake a few years ago….cost me like $300 extra cuz it jacked up all my numbers. Great that you had it done so fast though! (btw, I’ll be responding to your email in a few :) )
@Peter – It def. doesn’t feel good, that’s for sure ;) But it seems to be a nice problem to have, eh? Must have brought in a pretty penny from the ol’ weblog (haha….that always sounds funny to me – “weblog”)
@corrin – $1 is better than -$1 :)
@Brandi – Congrats on paying $23k of interest ONLY? haha…it’s not by choice even if it means we get more back at the end of the year ;) LOVE that you’re going to spend money on yourself w/ your refund though, well done. We can’t just save it all the time, so spend away my friend!!
@David Damron – Yeah, it kinda drives me crazy too to be honest with you. Not saying one way is better than the other, but it’s like come on – if it works for us let it be :) Thanks for dropping by bro.
@LenciB – Wonderful! Rome will be a blast too, I gotta get back there sometime…
@Jenna – Haha, you got that right sister. And once you’ve got that Emergency Fund topped you’re golden!
@Anthony – Yup, you got it. I’d gladly give up $60 to get $2,000 at the end of the year and it be a surprise. It’s hard to account for every single dollar and situation out there, at least for me. I need a little wondering every now and then.
@Stella – That’s def. a reason to hold off for a bit :) As long as you don’t forget and file too late!
@Kimmoy – Yes, GREAT post! Totally forgot about that one….should have included here ;) Congrats on getting all that debt paid off!!! I’ll drink a beer for you tonight! haha…
@ctreit – What does “general” mean? To be used for whatever you want later? Is there a max limit you keep in there, or is it all go with the flow? Just curious :)
@RainyDaySaver – Awww yeahhh….I’m sexcited for you friend. All good things!
@Tim – It’s great, isn’t it?
@Keith Morris – Oh man, that’s a great idea…my laptop is at *least* 8 years old and who knows when it’ll break. Crazy that you saved MORE than you needed though, that’s great!
@Shelley – I know, you guys are all right…i just have to set aside the time to give it a shot. It just means not working on my online empire for a bit, which I’m all hardcore about right now :)

By: Shelley

Shelley — Fri, 09 Apr 2010 19:31:34 +0000

You don’t wait until next year to work in TurboTax. You go do it now to see if you can recreate what your tax accountant did; THEN you are ready next year to copy info from one year to the next and update the numbers.

By: Keith Morris

Keith Morris — Fri, 09 Apr 2010 13:18:36 +0000

I ended up owing about as much as you had refunded, but I expected that and had money put away for it. In fact, I ended up saving more than I needed to pay, so Meghan and I bought new computers with the leftover funds. ;)

Our taxes have been done for months now. TurboTax is super easy. If you decide to give it a try, you can go through the entire process without having to pay anything. You only pay when you e-file.

By: Tim

Tim — Fri, 09 Apr 2010 02:04:49 +0000

I love the term – taxcrastinated. Hahaha!

By: RainyDaySaver

RainyDaySaver — Thu, 08 Apr 2010 21:01:42 +0000

We got a sizable refund — but only because we bought a home last year. That means we qualified for the first-time homebuyer tax credit AND could itemize to deduct our mortgage interest and property taxes. We’ll see what happens next year and perhaps adjust our W-4 withholding so more of our money is in our paychecks, rather than getting a large refund.

Anyway, we’re finishing off our CC debt with our refund — I broke it into two payments and made the first one the other day. By the end of April, we’ll have no interest-bearing debt except the mortgage…. so “sexcited”!

By: ctreit

ctreit — Thu, 08 Apr 2010 20:53:48 +0000

We are putting our refund into the general savings account which is what we usually do.