I know I know! It’s not good to get a big tax return because it means we loaned the government our money for free - got it! But secretly I can’t help myself from hoping I get something back.😳😂
Are you a perfect 0 return or a refund kinda DFCer? No judgements here!
Happy Meme Monday! #debtfreecommunity
There are big tax refunds, and then there are $980,000 tax refunds.
One Florida man managed to score a huge check from the IRS after submitting his self-prepared 2016 tax return. The self-described freelancer fraudulently claimed that he withheld $1 million in income taxes that year, which led to his big pay day. In reality, Blanchett received $2,098 in wages from one employer and $1,399 from another employer, according to a complaint filed by the U.S. Attorney’s Office.
Though the massive refund check made it out the door at the IRS and into the man’s bank account, the taxman is taking steps to get the money back.
WOAH! My debt is in the $20K's 🤗
Long post ahead = November 2018, when I got intense about this, I was at $37K. According to the #Navient payoff timeline I wouldn't have been in the 20's until 2021!!!! No thank you! I plan on being done with all of it by end of this year or early next 🙌🏾
I work at a nonprofit and I'm not rich! So, how am I doing this? I'm living WAY below my means. I pay for my rent/bills, my groceries and set aside a small "fun" budget for the month. I cut out a lot of subscriptions and non-essentials. Everything left over goes to this student loan! Sometimes, if there's not much going on I throw that "fun" money at it too. Last week I got my #taxrefund and I barely looked at it and just threw it all the the loan. I've also picked up some #creativesidehustle jobs here and there.
Most importantly, I mentally prepared for 2019! Listen, I love traveling!! But for this goal I said I wouldn't travel again until I'm #debtfree ... So I prepared for this last year. In 2018 I traveled to DC, Mexico, London and Dominican Republic. Every two/three months I was somewhere new. I had an amazing time!! So when people tell me "you're not living, spend your money!" They're wrong. I'm intentional about my life. I'm living purposefully not just for today but for where I want to be months from now. I'm planting my seeds now for the feast that's to come in 2020!! I'm ok with delaying gratification for a lifetime of #financialfreedom ! I could die tomorrow and be completely content with my decision because I'm achieving my personal goal on my own terms and I'm at peace with my decision!
Why am I even doing this? Because it feels like one less brick off my shoulders everytime the number goes down. I want to live a life where I FEEL free! I don't want to always owe someone money. The faster I can get rid of it, the quicker I can get back to not just traveling and living freely but FEELING free while I do so! The quicker I can get to reaching the adult milestones we all want, paid in cash, using the same discipline I'm strengthening this year! ✨✨
And to think I used to pay @turbotax .... thanks @creditkarma for making credit scores and filling taxes free!
Not getting paid to promote the company. I believe the product is great AND my teammates have created beautiful assets making it an easy and visually pleasant experience.
I got my W-2! And we did that thing tonight where you half-assed put your info into Turbo-Tax and give yourself an approximate number and a panic attack, but it wasn’t nearly as bad as I was expecting! I almost cried in relief. 😭😭 We’re gonna make an appointment with the CPA we used last year and hope she can work her magic on our multiple states and city taxes. 🤞🏻🤞🏻 We have about $3300 set aside, plus the $642 we have coming back to us in the next couple weeks. Let’s hope we don’t have to use all of it. Woo! #debtfreecommunity#debtfreejourney#taxes#taxrefund