Tax Time! Refund or Paying-in?
Just curious. I just spilled my guts on another thread about our whopping Federal tax return of $90.
And like I typed in that thread, I know folks are saying "well, you could be paying in."
I know this, but last year, my wife and I received nearly $1000 in Federal and about $300 in State. Now, we have nearly nothing coming back.
We itemized with our medical, mileage, etc. too, but I was really shocked to see such a small refund.
Not that we were banking on that money or anything but I just hate it when I hear that other folks are getting back lots of money.
How did you fare?
And like I typed in that thread, I know folks are saying "well, you could be paying in."
I know this, but last year, my wife and I received nearly $1000 in Federal and about $300 in State. Now, we have nearly nothing coming back.
We itemized with our medical, mileage, etc. too, but I was really shocked to see such a small refund.
Not that we were banking on that money or anything but I just hate it when I hear that other folks are getting back lots of money.How did you fare?
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Last year I had to pay about $3.5K (Ouch!)
This year I got back about $4.2K (Much better!)
On the other hand, my income this year was only two thirds of what it was last year.
e-filing is great. The refund hit my bank account 12 days after I filed!!
This year I got back about $4.2K (Much better!)
On the other hand, my income this year was only two thirds of what it was last year.
e-filing is great. The refund hit my bank account 12 days after I filed!!








