We usually get a small refund but this year we moved up a bracket and some of our income based deductions (student loan interest, DH MBA costs) are starting to phase out. it's really annoying. He is a CPA so he's always playing around with our investments and witholdings to try and even it out. We also refinanced to a 15yr mortgage and paid way less interest (which is good) but that was a big deduction before. He always overpays on his bonus so we got some of that back.
There are some small specialized deductions some of you can take. There is a teacher deduction for supplies you buy yourself. There is also a new deduction for moms who breastfeed, you can deduct supplies and your pump if you bought one within the year.
We try and up our charitable contributions if we think we will owe, then we can deduct those. I'd rather give to a charity than to the government.
DH runs the investment plans for the executives at the bank he works for. If you heard the kind of money they owe quarterly you'd pass out. That's a whole different world to me!
You should get more back if you SAH? Because your husband can claim you as a dependent?
I don't know what I'm talking about.
You can be an adult and claim as a dependent but you have to be a certain % of disabled and your supporter has to pay more than 50% of your living expenses. My BIL qualifies for this because he has CP.
Not sure if this was a rhetorical question but I actually think this is interesting! It would be nice if there was a credit for SAHM or moms on maternity leave.
my husband put a fake cockroach on the countertop and I really almost had a heart attack. WHAT A JERK
it was pretty funny once I calmed down. Then he threw it in matildas bath tub and she freaked out. It took a while to convince her it was just rubber. Idiot
I feel like such an idiot for not paying into a 401(k) all these years. What was I thinking? In a year of paying just the min for my company to match, I've accumulated 5 grand.
I could have 50 grand in there by now! I'm dumb.
My husband has been paying into his for many years at least.
Our taxes are always fucked. Typically, most of what we do is contract work, so no taxes are taken out. So in addition to paying those taxes, we have to pay a self employment tax. Plus, we have a lot of stocks and other investments. We try to figure it out and pay quarterly, but a few years ago, we still ended up owing $12,000 on April 15th.
This year, most of our work has been w2, which is fantastic. Between that and our medical bills, hopefully we'll get a refund. If the IRS deems all of Andrew's therapies and aides as medical expenses, that's about $40,000 we can right off right there.
Dh's hours just got cut at work. He is now working 7-5 monday- Friday instead of his 2 weeks on, 1 week off shift. This means that we lose out on almost $2000 a month in overtime. This is going to hit us hard.
We've also decided that he is going to school this year which means our trip to Florida is going tor be postponed. I really wanted to be there for my grandma's 90th birthday (Christmas eve) and see her before she truly forgets who we are (she has dementia). Dh says we will go next April but I also know he wants to go to school next April as well and our money only goes so far.
Oil prices need to rise again people. We are officially hurting. On that note, did I miss an update with your dh alicia45?
I think the theory is that you would invest that excess money so you are earning interest on it before you have to pay the taxes, versus the government holding on to it for a year, not investing it, and then giving it back to you.
That does make a certain amount of sense. Seems risky too. Not sure if have the guts to try.
I'm pretty sure if you owe too much money for several years in a row you actually get fined. It's to keep you from not paying anything all year and making money off of it instead of paying during the year like most people.
C25K...it works Seaside 5K...........40:45(2012) Turkey Trot..........41:30(2012)/37:08(2013)/37:40(2014) St Pat's 5K..........39:27(2013)/38:48(2014)/35:12(2015) Belair Town Run......38:09(2013)/36:27(2014) Back To Football 5K..37:36(2013)/43:44(2015) Balt Run Fest 5K.....34:59(2013)/41:50(2014)/35:54(2015)
You should get more back if you SAH? Because your husband can claim you as a dependent?
I don't know what I'm talking about.
Not true for us lol. But I made a lot of money so just reducing our income like that made it so there isn't as much money to get back. We used to get $4000 pretty regularly and now it's more around $2000.
Adeline pooped in the tub last night. She's obviously not ready to potty train.
This morning Henry said he needed to poop, I said you want to poop in the potty? He said yes and went and sat on his potty (pants down but with a diaper on). I let him do his own thing bc I was trying to get Annabelle dressed for school. He did pee in his diaper while sitting on his potty. So.... progress? Baby steps .
The other day while in the tub, Henry yelled, poop coming! So I scooped him out, got him in a diaper. He didn't poop for about another hour, but I was very thankful for the warning, haha.
I did our taxes yesterday. Apparently MH has his checks set so that they take too much from him, so we are getting a good size refund. It's like savings we don't have to think about. Maybe some day we'll actually save it, lol.
C25K...it works Seaside 5K...........40:45(2012) Turkey Trot..........41:30(2012)/37:08(2013)/37:40(2014) St Pat's 5K..........39:27(2013)/38:48(2014)/35:12(2015) Belair Town Run......38:09(2013)/36:27(2014) Back To Football 5K..37:36(2013)/43:44(2015) Balt Run Fest 5K.....34:59(2013)/41:50(2014)/35:54(2015)
rjamz He doesn't have to stay at the hospital but is gone by 5:30am and not back until late almost every night. So basically its like he isn't even home. At least on the weekends he only rounds in the mornings and is home by 5ish if service is slow.
He did text me at 7am to ask what would make the next 2 weeks easier for me. Um, maybe asking before this morning?
imimahoney I'm sorry. I hope today is easier than you think it will be and your H is okay.
H doesn't stay at the hospital either, but is also gone before I wake up and gets home at least after J's bedtime if not later. It sucks. Part of the reason I'm going to NYC next week is that he's moving straight from rotation in the CCU to rotating in the MICU, which will possibly be worse? Ugh.
Tell him that big diamonds would make the next 2 weeks easier
Diamonds don't do it for me. My e-ring is saphhire BUT he did just ask me if I wanted to go away for a night by myself when he's off call.
A night? LOL. No, H. I'm going to plan a long weekend in Socal.
Oil prices need to rise again people. We are officially hurting. On that note, did I miss an update with your dh alicia45?
Thanks for asking! I don't know if you missed an update but we're still waiting on a job offer to come through. He really wants to work with the owner but they aren't ready to hire yet. Plus, dh needs shoulder surgery and we're thinking that while we wait for the job, he should get the surgery. They should be ready to hire in about 60 days, maybe. You know how it is. It could be longer. So, for now, we're paying our own insurance (thanks @lindy and everyone else who helped the last few days!! We decided on which way to go.) for the time being and living off of his severance. It's really stressful. I'm sorry about your h's job. $2,000 is a lot to lose every month. We've had to go bare bones and cut a lot out of our expenses to feel comfortable paying for really high premiums on the insurance. So, for now, we wait and try to spend as little as possible every month.
The industry here is saying that they'll start to recover by June. Fingers crossed, I hope that's true. What are they saying up there?
I'm not going to be able to get to the hospital to see Emmy today, and I'm sad. It's hard only having my mom to watch Callie. Then one of the therapists in the NICU made me feel guilty by telling me a thousand times how much Emmy needs me, and that studies have shown the ill effects of babies being separated from their moms for weeks at the beginning. I wanted to scream that I'm trying my hardest.
To make myself feel better I'm doing some online shopping. I need to find the perfect coming home outfit for Emmy. She's so long so she's already out of preemie, but newborn is so baggy. I need to find a small newborn size.
I'm not going to be able to get to the hospital to see Emmy today, and I'm sad. It's hard only having my mom to watch Callie. Then one of the therapists in the NICU made me feel guilty by telling me a thousand times how much Emmy needs me, and that studies have shown the ill effects of babies being separated from their moms for weeks at the beginning. I wanted to scream that I'm trying my hardest.
To make myself feel better I'm doing some online shopping. I need to find the perfect coming home outfit for Emmy. She's so long so she's already out of preemie, but newborn is so baggy. I need to find a small newborn size.
WHAT??? RAGE!! It's just a day. Don't feel bad. You are doing a great job. Tell her to STFU and mind her own business. OMG, this is making me so angry. I am so sorry she said that
During her bath last night, one of my dog's claws got stuck in the sink strainer and nearly the whole thing ripped off. It bled like crazy so we wrapped it in tape overnight. This morning we took off the tape (and probably any scab) and its bleeding again so I have one of Lane's socks taped onto her leg. I don't know whether I should take her to the vet or not :/ but it certainly wouldn't be fun to do with a toddler and 2 month old.
I don't know if this would work on a dog but I used to show and breed rabbits and if one of their nails were bleeding or got ripped off we would put baby powder on it. we were told it would help stop the bleeding. I don't know if it would work on a dog and I hope it doesn't hurt them worse but you could try it.
During her bath last night, one of my dog's claws got stuck in the sink strainer and nearly the whole thing ripped off. It bled like crazy so we wrapped it in tape overnight. This morning we took off the tape (and probably any scab) and its bleeding again so I have one of Lane's socks taped onto her leg. I don't know whether I should take her to the vet or not :/ but it certainly wouldn't be fun to do with a toddler and 2 month old.
Take her to the vet. Our old dog once ripped out a toenail and he needed to wear a soft cast for a couple of weeks while it healed so it didn't get infected.
So what are normal range refunds? I know you aim for zero bc it means you allocated correctly and didn't Give the government a loan but what do most people get a few grand or hundred
I haven't gotten a refund since I started filing with S. We usually end up paying in a ton. The huge pay discrepancy between us means that not enough is taken out of my pathetic paycheck for our tax bracket, so that needs to be paid, plus capital gains and whatever else.
I'm with you (yesterday you) on not filing until the last possible minute, and then only filing for an extension. That's what we've done every year for as long as I can remember.
Well I think if you want to you can put in to take no taxes or at all. Like you set your number of exemptions and based on that they take taxes. So you could pay none and then pay it all at tax time?
I:D
I guess I don't even understand why someone would do that. Yea, your paychecks are bigger thoroughout the year but you have to save all that money anyway to pay that shit back. It makes no sense to me.
If you owe tax on investments, if you're self-employed or a partner and pay tax quarterly or less frequently, if you get a bonus that's not taxed at the time, etc. Those are all reasons we've paid in.
My random today... we've been talking about dh having his surgery soon and how it'll be interesting to take care of A all day and dh once he's hopped up on painkillers. Then he gave me the gem of, "well, my mom is insisting on coming when I have the surgery." Uhh... come again? You're 35 years old. We do not need your worry wart of a mother here to add to my annoyance. Then again, she could be in charge of feeding and playing with A all day. She could keep up with the laundry and cooking. I don't know how to feel about this now!
formerlyllizzyb Calvin was 7lb 8oz at 1 month. I bet N will be a very similar size to him since they were the same birth weight. He's 19lb 8oz at 1 year.
I did a Zumba class yesterday for the first time in forever. I was cracking myself up in the back-- nothing makes me feel my age quite like Zumba. There was a lot of awkward flapping going on (have you ever seen the 30 Rock where Jenna talks Liz into going to a cardio hip hop groove class?)
But, there were two 60ish dudes in there and they were KILLING it! Planted themselves right in front and Zumba-ed without even giving 1/8th of a f*ck. It was downright inspiring!