Uncle SAM lost this time!
By Barb42
@Barb42 (4214)
United States
March 21, 2009 5:12pm CST
Well, we always dread to file our taxes because we always pay a big sum to Uncle Sam every year. Sometimes we get some back from the state, but last year, between them both, we were out about $5,000!
Well, today, we had our taxes filled out. We went in there really expecting to pay something. All our deductions for the business that go from year to year had played out, or so we thought. We never have any medical bills, thank the Lord (I am NOT complaining). And the guy my husband has been working for the last 9 months or so hasn't been cutting enough taxes. Well, with all that, we were waiting for a big sum. It got down to we were getting back a small amount from the Federal and a little more from the state. But our accountant, who is also our lawyer, kept asking us if we could recall anything else and also some things my husband had completely forgotten to take with him. And he kept moving figures around in our business which is almost non-existent right now, with the big truck sitting in the back yard because business is almost non-existent for lease drivers. And we can't sell the truck due to the economy. Anyway, he kept moving those figures (and thank the Lord He did!), and low and behold, we are getting around $200 from each back! I told my husband I had prayed on the way down there this morning that we would at least not have to pay anything and I was claiming some back! We were amazed how God really works when you trust him to take care of the things in life that you have weighing you down! So the money we get back will pay our car insurance for six months! And that is what my husband had been worrying about since two insurances come due right along the same time (his regular family truck and our car) and he hasn't been working hardly any the past few months.
Did you fair well with Uncle Sam this year? Or, did he try to take your purse? He has always taken us to the cleaners until this year. It's been many a year since we got anything back from the Federal taxes!
2 people like this
5 responses
@spalladino (17891)
• United States
21 Mar 09
We did okay but this was the last year I could claim my youngest daughter so I'm sure we'll be paying something next year. We did have some medical expenses this year because I took my husband out of the V.A. medical system when it was discovered that he had a clogged carotid artery in his neck and the V.A. wanted to wait six months before checking him again. We used my insurance and he had surgery to clean it out a few weeks later. That and the mortgage interest we paid on our properties helped.
@GardenGerty (160933)
• United States
22 Mar 09
We have no kids to claim, but we do have a first and second mortgage. The second will pay off this year. With any luck and discipline the first will pay off next year. We have a little home based business to claim as well. Every little bit helps. I hope to at least break even next year.
1 person likes this
@Barb42 (4214)
• United States
22 Mar 09
We were very surprised because we haven't had a mortgage for many, many years. It just happened that the accountant was able to maneuver things around to get us some money back. We could never have done this on our own! I know what you mean about claiming your daughter for the last year. My daughter is no longer able to claim her oldest son and she said it cost her over $1,000 this year. She's a single Mom and that really hurt. If he had stayed in college (he went last year and wouldn't go back), it would have been different. Glad your husband could have his surgery and not wait. At least, that was a blessing.
@TheGreatWhiteBuffalo (4822)
• United States
22 Mar 09
I managed to do okay also then things promptly changed and out the window it went...
Here today and gone yesterday before it ever arrived... Sometimes I just shake my head and wonder??? Why?
1 person likes this
@Barb42 (4214)
• United States
22 Mar 09
Oh, I definitely understand that! We knew ours would be gone when it comes in. One insurance will be due about that time and another one in May. Our worse one, our house insurance, comes due in October. But, perhaps by then we can have enough saved to make that payment. At least we didn't have a big federal tax bill this morning! That would have really hurt considering I paid off a credit card that I only meant to send $150! It shocked me and my husband when he found it this morning before we left for the accountant's. I made a funny and said, 'well, perhaps God wanted us to get it paid off'. Well, look what happened! Honestly, I've paid that bill for awhile, getting it down (paying WAY over the monthly amount) and had never done anything like I did the other day. He thought I had picked up a balance on something else. But I found the bill and sure enough, there it was in black and white - the balance! Well, don't have a credit card bill now! I just told him awhile ago we were $150 better off every month now. I don't know that it was very funny to him, but it was to me!
@GardenGerty (160933)
• United States
22 Mar 09
We did okay this year, and have for the last two or three years. Next year, however, may be a different story with my increased income. I am going to see if we can get some medical bills paid off that we were not able to even touch most of last year. I deliberately let them set when it got close to the wire, because I want to pay them all off this year. We will get glasses for hubby and a new hearing aid and possibly get his teeth worked on. I have ongoing dental bills. We might as well take care of us, no one else will. Then we will get the deductions.
1 person likes this
@Barb42 (4214)
• United States
22 Mar 09
Oh, GardenGerty, we pay the dental insurance and I haven't used it in probably 2 years! I have a tooth I need to have pulled and my dentist has moved. I'm sure he would still take my insurance but I just haven't called up there. My husband is retired, but still working. 
The accountant explained to us today just how we could maneuver things in order not to pay taxes next year with him working. We will be out of the company deductions next year, so we have to be very careful. We have a big truck that needs to go, too, but that will hurt us, if he sells it.
The accountant explained to us today just how we could maneuver things in order not to pay taxes next year with him working. We will be out of the company deductions next year, so we have to be very careful. We have a big truck that needs to go, too, but that will hurt us, if he sells it.
@elisa812 (3026)
• United States
22 Mar 09
Congrats on getting some money back this year! My husband and I made out really well with our taxes, and we're getting a lot more back than we expected! I was actually really shocked, but I definitely can't complain.
I am not sure where the money came from, but I'm really thankful for it. You're exactly right, God sure takes care of us when we trust Him, and even when we're least expecting it! 
I am not sure where the money came from, but I'm really thankful for it. You're exactly right, God sure takes care of us when we trust Him, and even when we're least expecting it! 1 person likes this
@Barb42 (4214)
• United States
22 Mar 09
Glad you are getting more than you expected. Hey, my husband had said we'd be paying some, but not as much as we did last year which was terrible. But I prayed on the way down to the accountant's office that we wouldn't have to pay anything. I didn't even mention getting any back - just break even at least. Maybe I should have said we need enough to completely pay all our insurance! I think He does meet us as the point of our expectations. It's just that most of the time we aren't expecting much.
I think He does meet us as the point of our expectations. It's just that most of the time we aren't expecting much.
@cynthiann (18602)
• Jamaica
22 Mar 09
My taxes are deducted from my salary monthly so there is never to get back. I am so happy for you and can imagine your joy at receiving money back. Thank God and mnay blessings
@Barb42 (4214)
• United States
22 Mar 09
Most people who get money back have either lots of deductions and go with the long form. Or, they have more taxes cut out of their pay check each week than they need to to guard against having to pay anything at the end of the year. That way, they will get something back. The way my husband has worked,(he had his own truck) he would have to pay a big amount at the end of the year. But he's been working for someone who cuts taxes, so that cut down on having to pay this year. And then, we had some deductions.
