Taxes, Refunds and what to do | The Frugalista

Taxes, Refunds and what to do

by frugalista on March 18, 2008

So, I filed my taxes over the weekend. Gold Star. I used Turbo Tax, which was free last year because I was a first-time user and I used it through my bank. This year, Turbo Tax stuck me with a $30 bill. Meh. Still, TT is much easier than the pencil calculations I used to do when I did my taxes by myself. Then again, that’s still $30 I won’t be getting back.

I’m getting a tax refund of $1,600. I know I shouldn’t withhold so much money during the year, but I owed some money one year and that was no fun. I over corrected, but I’m at peace with that decision. Also, I am supposed to get $600 from that economic stimulus plan. Part of me wants to throw the cash on debts. Another part wants to beef up my savings. One thing’s for sure,  I have NO intentions of "stimulating the economy." Take a look at my credit card bills and bank statements, and you will see I’ve done more than my fair share.

Here is a calculator if you don’t know how much of an economic stimulus check you will be getting.

If you are getting a tax refund or stimulus check, what are you spending the money on?

Sign Up for The Frugalista News!
Receive instant updates about new content and to receive the newsletter!

Your privacy will never be compromised

{ 16 comments… read them below or add one }

Leave a Comment

Previous post:

Next post: