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  1. 02-14-2009, 11:53 AM #1
    New-mom-to-be
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    Default I just did my taxes

    Wow. We are getting back 8K.

    I think I shall pay ahead on the mortgage and the car payments, stock up on some baby stuff, get a pedicure, and put the rest in the wee man's college fund.
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  2. 02-14-2009, 12:21 PM #2
    rainbowgc
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    Wow that is quite a sum! You should consider changing you W2's so you don't pay so much in. That's a lot of interest lost. Still, don't take it wrong, I am happy for you. There is nothing as great as a nice, big, fat,
    lump sum of cold, hard cash!
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  3. 02-14-2009, 12:27 PM #3
    New-mom-to-be
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    Maybe. But we also have the wee man and day care tax credits this year. So that really helped.

    And frankly, I don't mind losing the little interest I would lose with getting the refund. I am just now learning fiscal responsibility and probably would have spent that extra money on ordering delivery pizza or thai.
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  4. 02-15-2009, 07:53 PM #4
    nic4549
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    That's great. THis year, we are getting a little over 5K back. We are paying off the credit card with the money. Itsn't it great!!!
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  5. 02-15-2009, 07:59 PM #5
    Laura2
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    That's awesome to be getting money back. Last year I ended up owing about $3000, but this year I'm hoping to get money back too.

    Debt as of 10/25/09:

    Student Loan: Currently $9500


    Mortgage: $472,000
    Discover CC: $6500 at 0%
    Chase Disney: $3000 at 0%


    Goals:
    Get monthly food budget down to $200/month for me and my husband.


    My zoo:

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  6. 02-15-2009, 08:51 PM #6
    Jessesbride
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    Quote Originally Posted by New-mom-to-be View Post
    Wow. We are getting back 8K.

    I think I shall pay ahead on the mortgage and the car payments, stock up on some baby stuff, get a pedicure, and put the rest in the wee man's college fund.
    Wow that's great! We are only getting $600 back from Federal & having to pay into state $199! so we approx get $400 back. Which is crazy to me b/c in 2007 we made $25,000 more but got back around $2-3,000. & for 2008 we are getting back WAAAAY less!
    Waiting is teaching me to lean on Jesus that much harder!!!
    Married 5 years to the man of my dreams!
    Planning on adopting!!!

    ME: DH: Jesse , DS: Austin
    Not your usual family but a great one nonetheless ...
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  7. 02-16-2009, 01:22 AM #7
    MomToTwoBoys
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    We're still waiting on DH's T4s so we can do his taxes. We're hoping we get at least enough to pay off Best Buy and pay back FIL some of the $6k he lent us last year.
    Wife to DH since 10/31/2002!
    Mom to DS #1 08/13/98 Mom to DS #2 09/11/03

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  8. 02-16-2009, 01:37 AM #8
    phoeny_moonstar
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    Wow, congratulations! What a huge amount wtg for you!
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  9. 02-17-2009, 04:26 PM #9
    NewLeaf
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    You did great!!! Isn't it nice to know you have something in a college fund.

    We only got around $2200 back. We paid off one credit card, used $100 to stockpile food, fixed our pop up camper and bought a mattress. We put $1000 in our EF.
    Truck paid off 12/07(paid in full)
    Van paid off 2/09
    Orthodontist(paid in full 2/09)
    Furniture paid in full 7/10

    cc#1 $700 Paid In Full
    cc#2 $1000 Paid In Full
    cc#3 $2400 paid in full
    cc#4 $6337 paid in full
    cc#5 $1500 paid in full

    Coupon savings: Jan 2011 $200
    Feb 2011 $100

    Emergency Fund $1000

    Vacation Fund $1500
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  10. 02-17-2009, 05:51 PM #10
    mommyoffive
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    That's great! You are using it so well too. We're getting about the same amount back. My husband changed his deductions on his W4 about midway through this year to married 12, and we're still getting so much back. We're going to keep it at this for this year, see what next year brings, then adjust accordingly. Our refund is going straight into savings- already put our state refund there.
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