Some people look forward to tax time, because they get big refunds (especially if they have kids) that they use to reduce debt, buy cars, etc. I dread it. I've had to pay for the last few years, mainly because of the job at the gas station, which never took out enough money. But last year I adjusted my exemptions and I've run most of the way through the process and it looks like I will still owe this year, BUT much less than in years past. It looks to be about $123 for the federal (down from $500-700) and $189 for the state (down from about $300-$400).
When I ran it with just the W-2 from the hospital, I would have had something like $800 in refunds. So I'm hoping next year I will actually get a refund because it will (hopefully) be my only job for the year. So that would be very welcome.
So in a way, it's good news. I can probably pay my taxes this year on time and maybe get money back next year. That'll be novel. :)
| Unshelved | by Bill Barnes and Gene Ambaum |
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