So I sat down today and went through TaxACT to file the numbers. Wow. That's all I can say. In fun news:
*My gross adjusted income was $23k. Surprisingly better than usual.
*Roughly 3k of that was made freelancing- pretty good considering I didn't really get into it until April.
*My tax return is almost $3k. WHAT?!
It's a bit shocking, I must say. I mean, last year it was a bit over $1k. But wow. I checked all my numbers 300 times, included EVERYTHING. I was probably more honest than every other person in the country. lol. All of my freelancing income was reported, along with babysitting money and the crap that I bought online and didn't pay sales tax for. I mean, I made more than I did last year and got more education credit because I went both semesters, but jeez. How exciting!
Needless to say, the money will be going into savings and toward debt. I guess I've got a bit of a head start on saving for that traveling. Entirely fantastic. I can also afford to go and get myself a new pair of glasses (finally). I guess thank you, Uncle Sam, for giving me my money back- at a time I can really use it.
I guess being in a low income bracket has its perks! Yay for me
In spending news, I paid the $18 to file my State taxes. Well worth it, I would say!
Hel-lo Taxes :)
January 31st, 2011 at 08:32 pm
January 31st, 2011 at 08:55 pm 1296507317
I get to file my state return for free because I went to my states website and under the taxes section it has the options that provide FREE state efiling options.
I also could have (you could too) went to Militaryonesource.org and they have a H&R Block Basic link that you can use to file your federal forms for free and your state taxes (up to 3 different states forms) for free.
Congratulations on your Tax Return.
January 31st, 2011 at 09:54 pm 1296510884
@CA, I will have to remember military one source...I'm sure we don't use it nearly enough.
January 31st, 2011 at 10:23 pm 1296512606