(Closed) Taxes: do you owe or did you get a refund?

posted 5 years ago in Money
  • poll: After filing our taxes we:
    got got a small refund : (78 votes)
    35 %
    got a large refund : (84 votes)
    38 %
    owed a lot of money : (30 votes)
    14 %
    owed a small amount of money : (20 votes)
    9 %
    were right at $0, (didn't owe but no refund) : (6 votes)
    3 %
    other : (4 votes)
    2 %
  • Post # 3
    3766 posts
    Honey bee
    • Wedding: February 2013

    Education credit, plus the interest I pay on student loans, amounted to a pretty good refund.

    Post # 4
    3823 posts
    Honey bee
    • Wedding: August 2013

    I always file my taxes as soon as I get my documents or as soon as they are available. Most are available electronically by January 30. I received something in the $3k range back.

    Post # 5
    3772 posts
    Honey bee
    • Wedding: October 2012

    We got a small amount back. But I owed on the state level because the military messed up and didn’t have my income filed in the correct state… AGAIN (even though I told them to fix it). 

    Post # 7
    3943 posts
    Honey bee

    Thanks to mortgage interest and student loan interest, we got a pretty decent refund.

    Post # 8
    3170 posts
    Sugar bee
    • Wedding: October 2012

    Not sure what you consider a large or small refund but I got a prety nice amount. It helped a lot!

    Post # 9
    3000 posts
    Sugar bee
    • Wedding: April 2014

    owed about $500…ugh! My accountant filed an extension and said he is re-doing them because he thinks he can get them down to 0.  He actually had a melt down in front of him and said he was under a ton of pressure and to please give him a break….yikes!

    Post # 10
    854 posts
    Busy bee
    • Wedding: October 2013

    Since I was 1099 in 2012, I owe. 

    Post # 11
    853 posts
    Busy bee
    • Wedding: December 2012

    We try to get as close to $0 as possible.  We are getting $5 back, and I think we did rather well.

    When filing separately we would have ended up owing about $300 between the two of us, so I was pretty pleased when Darling Husband tried it again combined.

    Post # 13
    3697 posts
    Sugar bee
    • Wedding: May 2012

    I’m with you – I always have to pay.  My poor husband used to get a refund since he owns the house but since we married we owed about $500 total this year.  I could change my withholding, but I’d rather keep my money all year and write a check on tax day, as long as it’s less than $500. 

    My problem is my employer always figures it wrong when we get bonuses, etc.  Which shouldn’t be a problem this year… ๐Ÿ™

    Post # 14
    1022 posts
    Bumble bee
    • Wedding: November 2011

    Darling Husband and I make crap (we are in school), and we owed ๐Ÿ™ Not cool….it was only like $200, but that is a lot that could be put towards other bills! It pisses me off that we still gave a good amount to the government all year, and then they decided we owed them more in the end…even though we are poor right now! Grr.

    Post # 15
    752 posts
    Busy bee
    • Wedding: May 2013

    This year I received a sum of money from the death of a family member and ended up owing close to $6k in fed and state taxes, even though I had additional taxes withheld from some of my payments. I am better off in the long run, but it was definitely tough to swallow when I’ve never owed before!

    Hopefully this will be the only year ๐Ÿ˜€

    Post # 16
    2363 posts
    Buzzing bee
    • Wedding: October 2012

    We owed about $1,600.  Ouch!

    ETA I hard a hard time deciding how to vote, but I finally decided that $1,600 is a lot to owe, but a small refund to get back ๐Ÿ˜‰

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