Clever Dude Opinion Poll: How much is your federal tax refund/payment?
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Clever Dude |
April 13, 2007 .
We owed over $1,000 in federal income tax this year because we had quite a bit more income in 2006 than in 2005, without increasing our deductions. I mentioned this in “No Employer 401k Match - Should you still contribute?“.
Now I want to know about your taxes. Did you owe money like us, break even, or get a refund?
How much is your federal tax refund/payment this year?
Remember, though, that getting a refund is like giving the government an interest-free loan.
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I can’t wait to see your results!
Try one of these related posts too!:
- Poll Results: How much you got back in taxes this year
- Clever Dude Opinion Poll: What do you think of Adoption?
- Clever Dude’s Week in Review April 9-15, 2007
- What you think about adoption, and what we’re doing about it
6 Comments so far
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About 2 grand
Congrats. We were expecting the $5000 we got back last year (between federal and state), but as I mentioned, our tax situation was different this year.
Ours was higher than expected this year for federal - more than $1000, but had to pay $288 to state. Grrr….why don’t states give credits like the feds? Or maybe it’s just Illinois?
I am thinking of swithing jobs to a company that as a 401k. having never had a 401k I was suprised to learn that possilble future employer only contributes 1% of the employers contributions. I was under the impression that most plans were matching. Is this competive with the maket
Please responed
Chuc Sing
Chuck, I don’t know what the average employer contribution is, but I’ve never had one that low. I would say if you’re only switching because of the 401k (i.e. the salary, hours, commute, work isn’t better), then think a little harder about it. Otherwise, if it’s just an extra perk they offer, then consider applying/accepting and take advantage of that 1%. It’s better than nothing!