QOTD: April 15

[AmyP]

It's tax day in the US. Are yours done? Did you get a refund or do you owe?

[AmyP]

My dad did ours a month or so ago, and we got a refund from the state and the federal. No clue if it's made it into our checking account yet, though.

For two or three years, we owed the state and got money back from the federal. We finally figured out DH's work was taking the taxes out wrong from his paycheck. They completely forgot to take out the local (county) tax. We got that straightened out and have enjoyed a nice refund ever since.

[marcy]

Ours went in the mail this morning - slackers that we are.

We owe $200 federal, and $83 to the state, but are due a refund of about $200 from the local municipality. So total we owe about $80.

[Darcy]

We did ours back in Feb and got a nice chunk back, even though I freelanced and that's not taxed. We got about $125 from the state, too. I saved about half of the federal return in anticipation of our property taxes.

[Jessica]

We filed in February, and got returns from both state and federal.

[sheila]

We have an extension and won't file until October.

[Barb]

I did mine a few weeks ago and already have my refund. I don't plan to spend it on anything yet, it's nice to have a little set aside for peace of mind.

[Nocona]

I got refunds for both. I filed my federal in February and got that in February. I just filed my state last week because I did it on paper as I was only getting $81 back.

[Shanna]

I did ours in mid-March b/c John's work screwed up the hourly folks' W-2s and we already have our refunds in the bank :aok:

[milliez]

Ours were mailed in in January and we had our return by early February. It's 3/4 gone now too.:mope:

~ Melissa

[Hilary]

We did ours the beginning of February and got a refund. It's all spent already, we paid off bills.

[Cami]

We got a refund in February and it's all gone, some of it contributing to the economy of Costa Rica (see trip report) :) and the rest to the endless pile of bills.

[Shel]

Ours were mailed in in January and we had our return by early February. It's 3/4 gone now too.:mope:

~ Melissa


Same here. We used some to pay on vacation in the fall, used a big chunk to stock up the pantry and freezer, and bought our rec center passes.

[Connie1222]

We did our taxes a few months ago, got our refund and it's totally gone. We used it all ro pay off our CC debt!

[bunybomb]

Ours are done and going in the mail today along with our almost $1,000.00 worth of checks.

Now the wait begins for our stimulus checks.........

[gulp!]

I just filed ours on Saturday, b/c we didn't get all of our paperwork until Friday! :complain: I was shocked to see we got a nice refund for federal and for state. We've owed the last few years, so I was expecting to owe again.

[marcy]

How in the world did you not get all of your paperwork until Friday? Yay for a refund at least.

ETA: I assumed when you said paperwork that you meant that you hadn't received your W2s and bank / interest statements.

[Trish]

Ours were given to our accountnat this am. We are getting a refund from both, and they are being used to pay off our new kitchen.

[Melissa]

We did ours back in February. We only file Federal returns because DH is military. I didn't expect a large return, but we got one. It paid for our Disney trip and then some.

[Alyson]

We saw our accountant the begining of March I believe and we got refunds from both state and federal. The money is still in our savings so far!:)

[gulp!]

How in the world did you not get all of your paperwork until Friday? Yay for a refund at least.

ETA: I assumed when you said paperwork that you meant that you hadn't received your W2s and bank / interest statements.

Marcy, we were waitiing for K-1 statements from a venture fund that I have a stake in. They are late every year, and it drives me up a wall!

[Michele]

We did ours in late Jan or early Feb. We got a refund and it has been spent.

[Jayne]

We did ours in February and got our refund then also. It is sitting in savings right now. It was very large and I am going to invest some and the rest is going towards our vacation this summer.

That said We did Tylor's over the weekend. His were mailed today along with his 414.00 that he owed :eek:

[sunnyflower]

Ours were done the 1st week in Feb. and we got our refund 2 weeks later.

[Lynn]

Ours were done the first of February and we got nice refunds back from both federal and state. We had to pay city tax though, as Keith's employer will not take the steps necessary to do city income tax. He works in a different city that doesn't have city tax, therefore ours isn't taken out of his check. We only owed $53 though and we pay quarterly city taxes. :dead:

Our refunds are still safe and sound in the bank though. I'm proud of us for being so good. :biggrin: I just don't want to spend the $$ right now

[Mary DK]

We did ours the first week of March, we got a refund, not very big but enough to put some on the credit card, take a nice spring break family trip & pay for E's one day camp at the Houston space center :aok:

Even my boss got on the ball & we got it done on mid-March, I'm sure her accountant flipped out since she's had to file for an extension for many years... actually it's the first time since I've been helping her get it all together (about 8yrs or so) that she hasn't had to do an extension... wow, I bet it feels good :lol:

[schwanda]

We owe a small fortune to the federal government. :rolleyes:
We did get a small refund from both states - NY and Maryland...

Amanda

[Karri]

We filed ours in the beginning of February. We got a small return. We try to make it a wash (i think its bs that if we get a federal return, we pay state income tax on it the following year. so we try not to get a fed return).
We used it to put new carpeting in our upstairs hallway and to pay off the misc. charges we made on our Mexico vacation.

[MrsPeacefrog]

:snob:

[Bonnie]

I e-filed last night. We owed a large amount to the feds, but are getting back $$ from the state.

[Lyndee]

I e-filed last night. We owed a large amount to the feds, but are getting back $$ from the state.

Us too. DH did the filing though. I'm still in denial about how much we owe (I told him not to tell me for a few more days :lol: )

[kalm]

We got a decent refund from our federal taxes in March. A little of it went toward the downpayment on Scott's new car, the rest is in savings. In Florida, we don't pay state income tax.

[Alyssa]

I filed an extension. :rolleyes: Things are a bit crazy right now and it was a headache to coordinate getting them to Joe to sign.

[Alyssa]

(i think its bs that if we get a federal return, we pay state income tax on it the following year. so we try not to get a fed return).
is that a WI thing or across the board?

[Karri]

is that a WI thing or across the board?
No idea. Probably a WI thing, since our state will milk you for any farkin' tax they can get.

[Karly]

We also filed in February. We got a huge amount back from state and federal. Almost all of it went toward paying off two large bills (yay!) and the part that's left is sitting in our savings waiting until our cruise this coming February. :)

[Clare]

is that a WI thing or across the board?

I read that as Wii and thought "geez Alyssa is addicted already"! :lol2:

So will the next QOTD include us non-Americans or are you sticking with an all-American theme?

(I don't have any objection to you discussing your taxes but do it elsewhere -the QOTD should include everyone on the board.)

[sheila]

I hardly think that one question constitutes a theme. I think that more than 95% of the time, the QOTD is applicable to everyone.

[Clare]

I hardly think that one question constitutes a theme. I think that more than 95% of the time, the QOTD is applicable to everyone.

I didn't say it was theme. Just reminding you that we aren't all American. My impression of the QOTD was that it was for everyone, that's all.

*Edited to say that I just re-read my original post and see that I did use the term "theme", so my apologies :blush: I didn't mean anything by it.

[Clare]

And in case anyone is interested :heee: our end of financial year is June 30 and we have till Oct 31 to get get our taxes filed. And we always get a refund, touch wood we haven't owed money yet :)

[AmyP]

I was hoping people from other countries would pipe in and talk about how they pay their taxes. I guess in my sleep-deprived state I didn't think to ask the non-US folks to please feel free to pipe in with how/when they file or what they do.

[sheila]

And in case anyone is interested :heee: our end of financial year is June 30 and we have till Oct 31 to get get our taxes filed. And we always get a refund, touch wood we haven't owed money yet :)

I am interested. I started a thread asking about it. while I didn't assume that everyone paid taxes on April 15, I had assumed there was a day for everyone.