Taxes

Apr. 16th, 2003 12:11 am
ralphmelton: (Default)
[personal profile] ralphmelton
Our taxes were not too complex this year, but I went with the accountant because he'd saved us so much money last year.

I'd been very uncertain about our tax situation. I had earned some money as a contractor at the beginning of the year, and I should have paid estimated taxes on that, but I never did. On the other hand, I had the vague impression that I had been withholding too much as an employee. So I could have ended up owing a lot of money or getting a big return, or somewhere in between.

The result: we got a $307 refund from the federal government, and we owed $280 to the state. I am delighted by this result.

(Unlike Monica, I'd rather get a refund than owe money, because owing money is far more of a life-complicating surprise.)

Date: 2003-04-16 10:58 am (UTC)
From: [identity profile] mrpeck.livejournal.com
I tend to agree. My goal is to get a small refund each year. So far, that has required too much tuning though and I keep getting too much back (except for last year of course).

Congrats

Date: 2003-04-17 10:42 pm (UTC)
From: [identity profile] cyraen.livejournal.com
That's a great deal -- maxxing your net throughout the year. I have yet to accomplish this, as does my SO, though it's a nice surprise to walk out of H&R with a new house-decorating fund!
=)

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