(Closed) I AM SO HAPPY! I love taxes!

posted 9 years ago in Money
Post # 3
Member
5977 posts
Bee Keeper

Very fun and exciting! Congrats!

Post # 4
Member
562 posts
Busy bee
  • Wedding: September 2010

Woohoo!!!

At first I thought your “I love taxes!” was going to be a sarcastic remark because i don’t know many people who actually use that phrase! lol  I hope some of your good tax return luck rubs off on the hive!

Post # 6
Member
4001 posts
Honey bee
  • Wedding: June 2010

That’s awesome news.  So happy to hear things are lookin’ up πŸ™‚

Post # 7
Hostess
18637 posts
Honey Beekeeper
  • Wedding: June 2009

I have only gotten one tax statement so far, so no way of filing for at least a month.  You probably got more because you were in a lower tax bracket after the paycut.

Post # 8
Member
103 posts
Blushing bee
  • Wedding: August 2010

After much debate, here is my two cents:

Adjust what you’re claiming and you get to have that money throughout the year.  And not just get some of the money you overpaid back from the state/fed at the end of the year (they never give it all back).  You can go to the irs website and use their tax calculator.  It tells you how much you should claim as well. 

I’m no tax professional but it’s what I’ve learned over the years.  Just be careful not to under pay.  I did that once too (ouch).  So I’ve found claiming 1 is sufficient for single income.  Now I just have to figure out the whole married tax thing for next year.  Oh joy.

Post # 9
Hostess
18637 posts
Honey Beekeeper
  • Wedding: June 2009

@Shyness: It sounds like the reason she got so much back was because she had a huge paycut during the year which reduced her income and made it so that too much was withheld.  We had our withholdings at single for the first half of the year and then when we got married and I wasn’t working anymore, we ended up paying way too much in taxes and we are getting a big refund.  I didn’t think about this at the beginning of the year, but it’s not something that will happen again.

Post # 10
Member
2779 posts
Sugar bee
  • Wedding: July 2010

Yay, that’s awesome Tacos! I do love the surprises the tax office sends our way like that. I hate actually filing my self-assessment though. I always forget which numbers to put where!

Post # 11
Member
4023 posts
Honey bee
  • Wedding: September 2010

yay! That is awesome!!! πŸ™‚

Post # 12
Member
4385 posts
Honey bee
  • Wedding: May 2011

That’s awesome, I love tax refunds!!

Post # 13
Member
103 posts
Blushing bee
  • Wedding: August 2010

@MissAsB:  Sorry about that.  I missed her follow up post.  Just trying to be helpful.

Post # 14
Member
1392 posts
Bumble bee
  • Wedding: September 2010 - Heron Hill Winery

that’s great!! I was dissappointed last year when I had to pay for the first time….I changed things around last year so that they would take out more and I wouldn’t have any surprises.

Post # 15
Hostess
18637 posts
Honey Beekeeper
  • Wedding: June 2009

@Shyness: I wasn’t trying to call you out.  I agree with you that it is best overall to get your money over the year instead of giving the government an interest free loan!  Unfortunately, things sometimes happen that mess up those plans.  But good advice overall for sure!

Post # 16
Member
11325 posts
Sugar Beekeeper
  • Wedding: February 2011

so exciting!! congrats!

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