…we got a tax refund! Happy Tax Day to us! Don’t forget to get all your tax day freebies today!
Now I feel like crap for telling all of you to rework your withholdings so you don’t receive a tax refund.
Turns out that we wouldn’t have received any money if we didn’t get a credit for having a child. This makes me feel a little better. I don’t feel like Tom needs to rework his withholdings right away.
Some really unusual things happened to us since our last taxes were filed. We went from two incomes to one, Tom changed jobs, and he got raise. So while we still aren’t making the amount we would have with two incomes, we are getting closer to where we once were. It’s all so confusing to figure out how much to withhold when your income fluctuates as much as ours did this past year.
Overall, I think we did pretty well. I have to admit though that my first thought was to splurge. Shame on me! I know better.
I’m sure you won’t be surprised to find out that we will be putting all of our refund towards Tom’s loans. If we do that then we will be down to $37,000 which is pretty great considering that we had over $150,000 in loans only 5 years ago.
No vacation, no fun money, just the serious stuff.
Don’t forget to get some freebies today if you are in the US. Check out this post about all the tax day freebies!
Were you surprised when you filed your taxes?