Thursday, March 25, 2010
This picture pretty much sums up how I'm feeling right now. Come April 15th good ol' Uncle Sam will be draining what little I have in my bank account so that I can pay EVEN more taxes than I already do throughout the year. Umm does he NOT know that I have a wedding a month later I'm trying to pay for. Asshole!
The past two years I actually got a pretty good refund back, I'm talking several hundred dollars so believe it or not I was kinda pysched about tax season, stupidly thinking I would get another similar refund back this year to go into the wedding fund. Alas no such luck.
I did my taxes myself using Turbo Tax for the first time ever (I'm such a big girl!). The past two years a former friend of mine whose an accountant did my taxes. The good thing is that since I'm still "technically" single and don't own a home my taxes are pretty straight forward and everyone said I could do them myself pretty easy.
Well when I saw how much I now OWED I freaked out and assumed I did something wrong. So I sent a copy of this year's 1040 and a copy of last year's to my older, smarter brother to double check and make sure I didn't forget anything. He looked it over and it appears that I do in fact owe this year. Apparently I made quite a bit more money this year than I did last year since I changed jobs and it pushed me into the next tax bracket. I guess I'm now too "rich" for refunds. HA! Ain't that a B!
Needless to say I will be waiting until around April 12th to file and pay. Instead of adding to my wedding fund I will be taking money out of it, essentially the cost of my wedding cake is what I owe the IRS. Next year should be interesting since we'll be filing jointly and we could potentially *fingers crossed* be selling our current place and buying something new. But you better believe we will be talking to a financial person about all this after the wedding to see what we can do to avoid having to owe next year.