Skip to main content

I did my own taxes

Yeah. I went and did that joker myself.

This week has been a busy week and next week will be even busier. I wasn't going to be able to see the accountant I mentioned on this post for another 2 weeks. I already had my information inputted into TaxAct so I went ahead and finished it off. I wish I would have used the deluxe version. I had a refund of about $1442 right before it ran the alerts. After it was done and I answered the questions it popped, up my refund had sky-rocketed to $2629. I used itemized deductions this year instead of the standard (I should have done the same last year) and there were some deductions that I could take that I wasn't aware of (state sales tax, tithes, donations). Applying those deductions allowed me to qualify for the child tax credit, which it wasn't giving me before. I got the full $1000, hence the large jump.

I started the return last night around 10 pm. I didn't wind up finishing it until 1 am (I kept nodding off....lol). Anyways, based on the IRS refund cycle, if I had submitted my return last night I would have received my refund next Friday, the 15th. But since it went through today, I should get it on the 22nd. Oh well. One week ain't gonna kill me.

I'll do a post later on what I plan to do with my return.

I love tax time!!!!

Yall have an awesome day!!


Resources:

TaxAlmanac

Fairmark

IRS Free File


Comments

SavingDiva said…
If I was getting a huge refund, I would file immediately to get the money right away! :)
Dimples said…
@ saving diva

My thoughts exactly! :-D I'll still meet with the guy to talk about my business but I had to do this on my own. Plus he was charging $45 and I only paid $10 for the deluxe.
CT Mom said…
I like tax time too - I've been waiting for 1 more state form to download (due yesterday) so I'm hoping to get ours done this weekend. Thanks for the link to the refund cycle - now I know if I get them done this weekend, I'll have my refund the week of 2/22. Happy Friday!
Dimples said…
@ CT mom

Your welcome. Happy Friday to you too. What you going to do with your taxes?

Popular posts from this blog

Home Purchase Plan - How I faired

Back in January I developed my Home Purchase Plan (HPP for short). I listed exactly what I was looking for in my new home including my needs and wants. I printed up my HPP and carried it will me everywhere. I especially took it with me when I went house hunting with my agent. I had a momentary relapse (I'll explain more on that on another post) but got back on track and stuck to my guns. I ended up with a beautiful house that fits all my needs and wants. HOME PURCHASE PLAN The home I want: Price: $0 -> $190,000 $180,000 Ideal Monthly Mortgage (including taxes, PMI, HOA, & hazard) : $1200 (max $1300) $1310 Location: Surrounding Orlando Area Check Bedrooms: 3+ 4 Bathrooms: 2+ 2 Square footage: 1700 s.f. + 1810 sf Year Built: 2000+ 1998 HOA: $100/month max $150/yr NEEDS: * A-rated school district Check * Quick access to major highways Check * Good daycare Check * Nice

Yeah......

Hey guys. Sorry I haven't posted in a while. Life has been extremely busy. Trying to get used to the extra responsibilities on top of my existing overflowing list. I will try my hardest to post my do's and don'ts of buying a house tonight. Hope all is well.