Alright folks its that time of year again. This is the first year under the new tax plan so it will be interesting to see how everyone made out. Last year I ran into some problems because my work had my withholdings incorrect, evidently they failed to follow through with the corrections I asked them to for tax year 2018.
I was expecting that with the birth of another kid and my withholdings not being corrected that I would get a refund of around 1500, my refund ended up being 5500.
Thanks Trump! The additional amount that is being given back to me is enough to finish up saving for a downpayment and allow me to buy a home six months earlier. Thats six months I get to pay a mortgage for myself instead of paying a mortgage for someone else.
Taxes
Alright folks its that time of year again. This is the first year under the new tax plan so it will be interesting to see how everyone made out. Last year I ran into some problems because my work had my withholdings incorrect, evidently they failed to follow through with the corrections I asked them to for tax year 2018.
I was expecting that with the birth of another kid and my withholdings not being corrected that I would get a refund of around 1500, my refund ended up being 5500.
Thanks Trump! The additional amount that is being given back to me is enough to finish up saving for a downpayment and allow me to buy a home six months earlier. Thats six months I get to pay a mortgage for myself instead of paying a mortgage for someone else.
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