(no subject)

[smg01]

I did my federal taxes this weekend. Oh what a difference having a mortgage for a full year can make. My refund is almost double what it was last year. I'll be able to pay for exciting things like:

-my car insurance in April
-my car tax in May
-getting my dog's teeth cleaned

*sigh* This is what it means to be an adult. You get a chunk of money and you spend it on things like that. Maybe I'll reserve a semi-fun thing for the rest of the money and have my hair person do lowlights on my hair again. I haven't done that in a long time, what with my extreme lack of disposable income.

Comments

*sigh*

[themusesbitch.livejournal.com]

Allow me to take a moment and envy you Americans... we don't get a tax break for interest on mortgages. In fact, I think I just *lost* my tax break on rent (I was able to write off a portion as business expenses against my freelance income).

Re: *sigh*

[suzannemarie.livejournal.com]

Well that hardly seems fair. Are they trying to discourage home ownership?

Re: *sigh*

[themusesbitch.livejournal.com]

I don't think they're trying to discourage it, so much as perhaps the assumption is that people who are in the market for home ownership already have a big financial leg-up on people who aren't, and so they save the tax breaks for the people who are more in-need, and pour that money we mortgage-holders aren't getting a break on, back into social services.

I guess it's just the Canadian way. I think it would be nice, in that it might make home ownership possible for more people who are just on the cusp of being able to afford it, but I guess I can see both sides of it.

Not that I still wouldn't love a large refund at tax time... but that really doesn't seem likely, given my untaxed freelance earnings, which I always just hope to balance out with my sad little pile of deductions (registered retirement plan contributions, charitable donations and this year, for the first time in a while, education costs!)

[nasagrl.livejournal.com]

*nods* the best part about having a mortgage and kids is the tax breaks! (no, not really, but it sounds neat to say!!!)

congrats on being an adult?

[suzannemarie.livejournal.com]

I didn't realize until this weekend just how much of a benefit the mortgate would be. It's verra nice. :)

[moppety.livejournal.com]

I shake my fist in triumph at the IRS for the first time in years. A kiddo AND a mortgage! Mwahahahahahahaaaaa!

Of course whatever we get back just goes to pay off the bills for upcoming kiddo #2, AKA Kermit. So... not very exciting on this front either. Blar.

[suzannemarie.livejournal.com]

Being responsible is much less fun than going out and making impulse purchases. But it will be nice to have that money in my savings account for a little while. Before it all goes toward the boring stuff....