15
Apr
Apr
The tax man be very, very good to me…
My taxes were finished today and we were delighted to hear that we will get almost $15,000 back from the Federal government. This doesn’t include the $1,800 we will receive as part of Bush’s economic stimulus package.
We got the generous return because of the losses we suffered in the sale of two houses in 2007. Believe me, we aren’t having too much withheld.
So, here is the plan for the $17000.00 windfall.
1. Pay off the credit card with the lowest balance, currently $4,100. This will allow us to snowball an extra $86.00 a month toward our debt reduction. Combines with my car payment that ends in May, we will have $520 a month to snowball on the next credit card.
