Monday, February 9, 2009

Finished My Taxes!

I successfully filed my taxes for the first time ever! In the past, my Dad has always done mine since I was a dependent. Turns out I am getting a fairly large refund for 2008. $1,039 from federal and $332 from state. However, since my state is California, I'll be waiting on that money for a while!

I've decided to put my entire state refund and $500 from my federal refund into my E-fund, so it will get a nice $832 boost this month. I also plan on putting $200 into my Travel Fund, $50 into my Car Maintenance fund (my 60K mileage check-up is approaching quickly) and $39 into my Gift Fund. The remaining $250 will be for whatever I feel like. :)

What are you doing with your tax refund, if you are getting one? (I know next year I will owe some taxes based on my withholdings.)

3 comments:

asgreen February 9, 2009 at 3:26 PM  

I'm not yet sure how much I'm getting back but I do know that I'm keeping a certain amount (probably $150) to do some shopping. The rest is going into savings!

Money Maus February 9, 2009 at 8:56 PM  

@asgreen - Hooray! :)

Sunday Hindman March 5, 2013 at 8:44 AM  

I applaud you for deciding to save your tax refund instead of spending it. Good for you! That’s definitely better especially since money is harder to earn these days. I hope you got your check sooner than later!

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