This year turned out to be a disappointing year tax refund wise. We didn’t get anywhere near the nearly $9,000 we received last year because our deductions changed (property taxes reduced, tuition payments reduced, student loan interest reduced, etc.). We’ll add a couple hundred to our savings but it’s no $9,000. At least we don’t have to pay!
We considered changing our deductions since we’ll have a child to claim and childcare write-offs but we decided to wait another year and see where next year drops us. We don’t want to put ourselves in a position that forces us to pay. I don’t need that kind of stress!
Whew! Another tax year over!