by Beks
This year turned out to be a disappointing year tax refund wise. We didn’t get anywhere near the nearly $9,000 we received last year because our deductions changed (property taxes reduced, tuition payments reduced, student loan interest reduced, etc.). We’ll add a couple hundred to our savings but it’s no $9,000. At least we don’t have to pay!
We considered changing our deductions since we’ll have a child to claim and childcare write-offs but we decided to wait another year and see where next year drops us. We don’t want to put ourselves in a position that forces us to pay. I don’t need that kind of stress!
Whew! Another tax year over!
Beks is a full-time government employee who enjoys blogging late into the night after her four kids have gone to sleep. She’s been married to Chris, her college sweetheart, for 15 years. In 2017, after 3 long years working the Dave Ramsey Baby Steps, they paid off more than $70K and became debt free. When she’s not working or blogging, she’s exploring the great outdoors.
Great point about seeing what next year brings. We still have to do our taxes yet, but I can’t wait until they are done! Like the site. Keep up the great posts!
It’s a good feeling to have it done. This year we will have a larger refund but that will change if some of the changes in the state tax law go into affect as proposed. Still, I guess any refund is better than no refund, right? 🙂
Yeah, it’s a nice feeling when it’s over for another year. Take heart, though. When your bump gets bigger and is welcomed into the world, your little bundle of joy will make a big difference when tax time comes next year. Take it from me…I have 5 of them! Just a little benefit to parenthood, among many other joys. Blessings….
I’m so jealous you have your taxes done.