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State Tax Refund Arrived

January 30th, 2012 at 02:03 pm

Imagine my surprise when I checked our online account today and realized that our state tax refund arrived in our account on Friday!

We are saving most of the $2,309 refund in our emergency fund until after our move this summer. It makes me feel better to have that money in case something big comes up along the way.

I believe the federal refund will arrive on Wednesday this week. That money is for our 2011 Roth contributions.

6 Responses to “State Tax Refund Arrived”

  1. Bob B. Says:
    1327932691

    Good for you! We're still waiting for both. Maybe this week.

  2. snafu Says:
    1327932766

    Have you adjusted your withholding for State and Federal tax? I'm puzzled that someone as financially aware as yourself would be giving State and Federal government interest free loans for substantial amounts.

    I doubt the would help you out if you owned them $$$. They usually charge fees, penalties and of course interest when taxpayers are delinquent.

  3. creditcardfree Says:
    1327933050

    @snafu, if you read my blog posts you will understand how these refunds are so big and why simply adjusting withholding, especially in the case of federal, was not appropriate. State withholding is now changed to exempt as we found out our state law did change in regards to military pay in our state.

  4. My English Castle Says:
    1327949698

    wow--I love a big chunk of change when it arrives.

  5. Looking Forward Says:
    1327961749

    Sweet!

  6. frugaltexan75 Says:
    1327976131

    Awesome Smile

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