Home > Taxes


February 24th, 2008 at 05:17 pm

I just finished up our taxes last night. I started doing them at the beginning of February, but we kept getting more 1099s that I had forgotten about and my tuition forms hadn't been posted. This weekend I checked and they were finally up. Thank goodness I waited, our refund nearly doubled due to the amount of tuition we've paid this year.

I'm a little surprized at how much we'll be getting. Part of me is temped to spend it, especially since I have a spring break trip to Key West coming up. But before I do anything too rash, I'm going to earmark it for our 2009 roth contributions. This will hopefully make me think twice before raiding it. It's also crazy to think that we'll be having such a huge jump on our 2009 contributions!

Anyway, the program I used (Tax Cut Free File) states our marginal tax bracket as 15% and our effective tax bracket as 1%. Craziness! The socialist in me is a little disheartened. Oh well, I'm sure we have years and years of good tax paying years ahead of us! Smile

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