I just filed our taxes on Friday. I received the last capital gains statement on Friday from Capital One Investing. I used FreeTaxUsa.com for the free federal filing and $12.95 for the state filing. We are getting back $3069 for federal and $14 for state. I'm happy that we are getting money back. My commissioned income is all over the place so it is impossible to accurately withhold correctly. I would rather get back money at tax time than pay in.
We made the most money that we ever have in 2016. The money actually feels a bit bittersweet. I was the most stressed that I've ever been at work the last half of the year. My sales activity is now back to normal and I'm way less stressed. I actually leave work everyday now to work out during lunch versus scarfing down lunch at my desk.
Have you filed taxes yet? Anybody else receiving a refund?
Oh my goodness, yes, we just did them today. We are getting a refund for the first time in over 12 years - mainly due to my husbands bonuses. Our refund is mainly because we did not have a bonus last year and depreciation on my machines! OH MY GOODNESS! Depreciation is the BOMB! We get a refund this year to the tune of about $2,800!
ReplyDeleteHaven't filed yet - spoke with the accountant today & expected to have all of the paperwork uploaded by tomorrow. Our main bank (JP Morgan still hasn't processed the tax forms). We never receive a refund, and I don't expect this year to break that trend. ;-)
ReplyDeleteDepreciation is the BOMB! We get a refund this year to the tune of about $2,800!
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