February 12, 2007

A Taxing Time

I had my taxes prepared over the weekend, which kind of marks the start of the new year for me, since it's one of those first big things I have to get out of the way.

I used to like tax time. Whan I was going to college, working part-time jobs, and basically scraping by, I could expect a pretty good tax return. Tax returns are nice. But, I haven't seen a tax return in years, and in fact I've had to pay in over the last three years. It's deflating to find out you have to give Uncle Sam even more money than you already have.

Anyway, it looks like I'm poised to get about $200 back this year, which is better than nothing, but not exactly a windfall.

Oh well, maybe next year.

Posted by Ryan at February 12, 2007 02:05 PM | TrackBack
Comments

I just finished mine over the weekend and I'll be getting a paltry 180-ish clams. I usually try to not to get a big refund because I don't like giving Uncle Sam a free loan, but I do get a little jealous of everyone else getting huge refunds.

Posted by: Rick at February 12, 2007 02:38 PM

That's pretty much my thinking, too, Rick. Sure, I could change my witholding each paycheck, but I'd rather have the money, and possibly make interest on it, rather than putting it in a no-interest government loan for a year.

Posted by: Ryan at February 12, 2007 02:57 PM

I am always amazed when people get excited about a tax refund - like they were given a gift or won the lottery. Yet somehow they don't get that excited when they get change back at the drive-up window at McDonalds. Because all a tax refund is, is your change.

Posted by: Stephen Macklin at February 12, 2007 09:18 PM

I try to still owe as much of my yearly tax debt as possible come April 15. Why give the government a zero-interest loan?

Personally I want to get some of these guys elected:

http://www.fairtax.org/

Posted by: Stephen Rider at February 18, 2007 02:00 PM
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