Taxing the 60 Blog

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Edith Wharton:  The only way to not think about money is to have a great deal of it.

What’s better than Friday being a payday?  I can’t think of too much right now.  Wake up, get ready for work, check your bank balance online and, lo and behold, there’s money in your account!  Tuesday will be a month that I’ve worked here and I hope to be hired on full-time in the next few weeks.

We had our taxes done today.  I like getting a refund (yes, I know, the government is using my money interest-free!) and I wasn’t sure what would happen for me regarding 2016.  Unemployment, disability, 401(k) rollover.  As it turns out, I’ll be getting a refund and that is a good thing.  Maybe another cruise in January?

What about you?  Do you typically get a tax refund?  Or do you carefully plan out your money and deductions so that you break even at the end of the year?  Many people do love their refunds, however.  As of January 2015, nearly eight out of ten U.S. tax filers got a federal tax refund.  According to February 2015 IRS data, the average refund was close to $3,000.

Who couldn’t use a refund of their own money?


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