https://boards.hellobee.com/ Pregnancy, Baby and Parenting blog, by Hellobee en Tue, 14 Apr 2026 19:11:38 +0000 https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2493414 Sun, 13 Mar 2016 13:03:54 +0000 LovelyPlum 2493414@https://boards.hellobee.com/ <p>We just did our taxes, and we are getting 2100 back. We have to pay one bill, DH is getting a new desk chair, and the rest is going into savings. </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2492661 Fri, 11 Mar 2016 20:58:45 +0000 Mrs. Sunshine 2492661@https://boards.hellobee.com/ <p>We got just under $4000. We paid of our credit card and put the rest in savings for a down payment for the new car we have to apparently get now that we're having 3 kids. :silly: </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2492595 Fri, 11 Mar 2016 19:51:40 +0000 SweetCaroline 2492595@https://boards.hellobee.com/ <p>@Mrs. Carrot: I would recommend updating your W-4 to "married but withhold at higher single rate". Basically, each of your employers is withholding tax assuming you are in one tax bracket, but likely with the two incomes combined, you're in another tax bracket all together--thus why you owe. Same story for us, plus the fact we pay very little mortgage interest and property taxes.</p> <p>ETA: whoops, just now reading other comments recommending the same. You can also put on there to withhold x amount extra each pay period, that is what I did. Since I expect to be in a similar situation next ywar, I took the amount I owed divided by the number of pay periods and requested that additional amount be withheld. Theoretically, we should almost breakeven next year. </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2492357 Fri, 11 Mar 2016 16:03:55 +0000 jedeve 2492357@https://boards.hellobee.com/ <p>@Anagram: agree. If we didn't withhold, I imagine we wouldn't have calculated exactly what we need to save for our tax bill plus save for the house project we will do with our refunds. </p> <p>And also...interest rates are close to zero. We would have earned like...ten cents in our bank account. And if we had invested it, what's to say we would have seen a return in that short amount of time?</p> <p>Also - it's more fun this way. </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2477018 Sat, 27 Feb 2016 13:58:47 +0000 BananaPancakes 2477018@https://boards.hellobee.com/ <p>We got $4400 back, which is about normal. We always file the same way and withhold at 0 and at the higher single rate. We count on it to pay property taxes, so I keep it that way or my husband will spend it. </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2477017 Sat, 27 Feb 2016 13:58:19 +0000 reverie 2477017@https://boards.hellobee.com/ <p>@Mrs. Carrot: i would change to single </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2476990 Sat, 27 Feb 2016 13:08:23 +0000 Mrs. Carrot 2476990@https://boards.hellobee.com/ <p>@reverie: we do list as married. Would withholding extra accomplish the same thing or would it be better to change to single? </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2476024 Fri, 26 Feb 2016 11:17:04 +0000 peachykeen 2476024@https://boards.hellobee.com/ <p>We usually get a pretty decent refund, but so many things changed over the past year that we couldn't plan properly. At least it's not bank breaking... :sad: </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2476017 Fri, 26 Feb 2016 11:14:15 +0000 arosebyany 2476017@https://boards.hellobee.com/ <p>@Anagram: lol so true, I used to work in retail and mid-feb to march was the busiest time of the year, even busier than Christmas. </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2475715 Fri, 26 Feb 2016 08:45:50 +0000 Mamaof2 2475715@https://boards.hellobee.com/ <p>a lot!</p> <p>We sold our condo last year and had a HUGE loss </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2475713 Fri, 26 Feb 2016 08:44:24 +0000 Anagram 2475713@https://boards.hellobee.com/ <p>@Jackiedavis87: that's how we are. We already have our savings/retirement/investments that are automatically deducted. So the extra taxes are, as you said, gov't enforced extra savings.</p> <p>Plus, on all those debt-free forums, they make a big point about how the US gov't makes money off the interest of all of our tax money and that's why we shouldn't let the government hold it. And then the argument is that people tend to blow it all at once, which props up the shopping economy. </p> <p>But hey, if everyone stopped, our economy would probably implode, so I'm happy to do my part. :wink: </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2475555 Fri, 26 Feb 2016 00:17:07 +0000 SFMummy 2475555@https://boards.hellobee.com/ <p>We always owe - husband owns his own business. April is not a fun month. </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2475549 Fri, 26 Feb 2016 00:09:06 +0000 Corduroy 2475549@https://boards.hellobee.com/ <p>@reverie: We've been owing big the past few years before I caught that instruction last year. </p> <p>Not sure what to expect this year between that change and 5 months of maternity leave. </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2475481 Thu, 25 Feb 2016 22:26:14 +0000 reverie 2475481@https://boards.hellobee.com/ <p>@Mrs. Carrot: do you both list yourselves as married? The withholdings are set up that setting yourself as married is meant for a single income earner supporting a family. If you're both working and don't want to owe I would change to single or married but withhold as single. </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2475480 Thu, 25 Feb 2016 22:25:08 +0000 reverie 2475480@https://boards.hellobee.com/ <p>I definitely don't withhold enough so that I get a large refund. The forced savings every month does me a lot better than losing in my IRA right now. I have a shopping problem so feeling like I'm cutting it close month to month works for me vs. the pretend dividends I'm not earning investing the money I don't see ;) I might have to change it up this year b/c the second kid coming any day now might push our month to month a little too tight! We'll see! </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2475462 Thu, 25 Feb 2016 22:01:08 +0000 Mae 2475462@https://boards.hellobee.com/ <p>@MoonMoon: exactly that. </p> <p>We are getting back more than usual this year (over 8k) because I lost my job and was hoping to find another one last year but never did so my husband's withholding was too high because he was paying based on a higher tax bracket. </p> <p>But we do usually plan to overpay a bit and get back around 3k. I do it because 1) I like being confident that we won't owe 2) if I had an extra 200/mo I'd probably spend at least half of it on stupid shit and not put the whole 200 into savings 3) we don't make much on savings anyways because we don't have enough to invest in high return things 4) it is fun to get a big chunk of money every spring and if we don't need it for something important than we usually put half in savings and put the other half towards something fun (this year we are doing a patio!) </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2475447 Thu, 25 Feb 2016 21:47:38 +0000 MoonMoon 2475447@https://boards.hellobee.com/ <p>I like getting a tax refund, I don't look at it as lending the govt money, but as enforced savings. It's not like I'm a millionaire with fancy high return investments, if I got &lt;$100 more per paycheck, it would disappear very easily. So I keep my withholdings at zero to ensure a refund every year. We use the refund for IRAs, savings for LO, and sometimes small house things. </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2475435 Thu, 25 Feb 2016 21:25:23 +0000 Finfan 2475435@https://boards.hellobee.com/ <p>We are always close to nothing and sometimes owe a small amount more. One year I owed the state $3! We had a second baby this year and I haven't adjusted my withholding yet so we will see. </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2475433 Thu, 25 Feb 2016 21:25:14 +0000 wheres_c 2475433@https://boards.hellobee.com/ <p>We owe 10k </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2475412 Thu, 25 Feb 2016 21:06:36 +0000 yellowbird 2475412@https://boards.hellobee.com/ <p>Last year we owed, but I am thinking we will get a refund this year. I was off of work for over 4 months between maternity leave, surgery and illnesses, combined with adding an extra kid. </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2475410 Thu, 25 Feb 2016 21:04:57 +0000 catlady 2475410@https://boards.hellobee.com/ <p>We are going to owe. It's a good thing though, since DH made more money than we expected so our withholding wasn't enough. Hope it isn't too huge though. </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2475406 Thu, 25 Feb 2016 21:02:37 +0000 GoGoSnoGirl 2475406@https://boards.hellobee.com/ <p>I voted pennies-$500, but I really just don't know what to expect yet, since I only worked half of the year and then became a SAHM. We generally have a very small refund, if anything. </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2475403 Thu, 25 Feb 2016 21:02:28 +0000 sera_87 2475403@https://boards.hellobee.com/ <p>American taxes confuse me. 😕</p> <p>I'm getting nothing back since I paid zilch taxes (I was on Mat leave 2x &amp; in school).<br /> SO is getting just under 4K. </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2475382 Thu, 25 Feb 2016 20:46:39 +0000 matador84 2475382@https://boards.hellobee.com/ <p>We usually aim for close to 0 and this year will owe 300. </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2475352 Thu, 25 Feb 2016 20:14:00 +0000 arosebyany 2475352@https://boards.hellobee.com/ <p>@gotkimchi: thank you! I see now more over the year vs. a lump sum. I prefer the lump sum, we're very good at saving money all year, so we consider our tax money fun money. We generally use it for something we've been wanting all year. </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2475345 Thu, 25 Feb 2016 20:08:48 +0000 gotkimchi 2475345@https://boards.hellobee.com/ <p>@Jackiedavis87: so you guys could both change to claim 1 and 1 or even more and your pay checks would go up (less taxes come out) and then when you do your taxes you'll hopefully get less back. We aim for under 1000 </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2475260 Thu, 25 Feb 2016 19:13:22 +0000 arosebyany 2475260@https://boards.hellobee.com/ <p>Wow! It's so weird to me to see so many people owing!? Can somebody explain to me what y'all mean by changing the withholding?</p> <p>Eta: DH and I claim 0 and none, paid roughly $35,000 in federal withholding, had a child and are getting back around $8k with no deductions </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2475252 Thu, 25 Feb 2016 19:02:26 +0000 Dr. Pepper 2475252@https://boards.hellobee.com/ <p>We claim 0, have a son, and a house but still owe $4,400 this year. It sucks but at least we have the means to pay it without having to worry about it. </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year/page/2#post-2475228 Thu, 25 Feb 2016 18:21:55 +0000 hellobeeboston 2475228@https://boards.hellobee.com/ <p>We have to pay quite a bit this year :/ </p> https://boards.hellobee.com/topic/how-much-do-you-planexpecthope-to-get-back-in-taxes-this-year#post-2475204 Thu, 25 Feb 2016 18:06:00 +0000 Mrs Spoon 2475204@https://boards.hellobee.com/ <p>We had a lot of life change last year (moved, bought house) so we are getting a big return $7K. We've owed so many years in the past I wanted to be safe but we'll be adjusting our payroll deductions ASAP now that life has settled down a bit! </p>