I have a tax confession to make

Discussion in 'Budget Board' started by marius97, Jan 25, 2013.

  1. Mom24Princesses

    Mom24Princesses DIS Veteran

    Feb 7, 2005
    We did this too for years. And I agree that it was at least a way to have a trip fund I could not rob. However - one year I dropped the refund into our regular savings account and by the time the trip came $1000 had disappeared:rolleyes1.

    THEN as the kids have grown up that refund has dropped. It was tied to having 4 kids. I just hope to get a little back this year to help out. I figure after next year we will not get anything unless I have them withhold more:sad2:.
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  3. cmwade77

    cmwade77 DIS Veteran

    Jul 1, 2005
    We have no kids, use turbo tax and ALWAYS get something back, some years it has been as little as $200 from the Federal and $200 from the state.

    The past few years it has been more since DW is now a full time student in a 4 year degree program. But that won't last much longer.
  4. *Seanaci*

    *Seanaci* DIS-obsessed and proud!

    Nov 3, 2008
    I don't blame ya for being proud of your big refund. :P

    I personally, would rather get a refund (no matter how large or small) than have to pay MORE come tax time. Sure, the ultimate goal (or so I hear) is to try and break even (get back very little or pay very little) but in this day and age (and economy) it can be tough.

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