Little Tax Exemptions

This year started with a list of goals. Most of which were pretty reasonable. Within one month, it feels like so many have changed completely or have been crossed off the list as a non-option. Why you might ask??

Because we are part of a special group. 2INK.

Two income no kids. We thought we figured it out last year after paying, made adjustments and hoped this year would be different. Not planning on getting a lot back like friends with kids but at least breaking even or getting a couple hundred back.

This plan allowed us to move forward quickly, paying off a debt and freeing up more income. Yet somehow it was just not to be. The bracket is horrible place to be stuck and has us, yet again, paying out. I told my husband the other week at church, I was watching the families with twins and triplets walking by and seeing little tax exemptions signs above each head.

Cha Ching…Cha Ching…Cha Ching…

So while we don’t plan on having our own little tax-deductions any time soon, our yearly plan had to be re-adjusted. Everything slowed down and a big vacation flew out the window. A little disappointed, but I know that God has a plan for everything. It will just take a few months to stop feeling a little jealous of the refunds friends get with kiddos.

The only silver-lining of the situation is that every step we do take will feel like a big milestone for this year.

If you are married, how long did it take you to figure out taxes and break even or get a refund and not pay?

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3 responses »

  1. Love the “cha ching” effect.

    Remember each “cha ching” comes attached to MANY poopy diapers, sleepless nights and no social life.

    If y’all put “0” on your I-9 form for work that will take more out of your paycheck, but you’ll get a refund in the end.

    P.S. I think the term you’re looking for is “DINK” – Dual Income No Kids 🙂

  2. I realized it was DINK afterwards. Oh well. And both having “0” didn’t help much. This year they get even more on top of the “0”‘s. 😦

    Very true about sleepless nights and diapers. That is why they will wait for a while!

  3. Don’t look at babies as tax deductions. Yes it is a perk, but it takes a lot of money to raise them. I think you are trying to convince Eric to have babies….and giving him reasons and the benefits of having them. Hmmmmmm. I think I’m right.

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