The bonus came through!!
#1
Super Member
Thread Starter
Join Date: Jan 2009
Location: California
Posts: 3,502
I bought my long arm machine a few months ago with the thought that I would be able to pay it off with my bonus and/or tax refund and not have to take money out of savings. The tax refund didn't work out because for SOME REASON I owe almost as much in state taxes as I will be getting back in federal! I changed my withholding last year because I had to pay... I need to go to HR about that.
I had no idea what the bonus would be this year with the economy and being in a mortgage related business. Didn't get one the last two years but, the company said there would be one. Well, I got the bonus and it was 5-figures!
Of course, half of that goes to taxes but I can still pay off the 0% interest for 6 months credit card that I put the machine on. :D
Now I can rest easy about it and not have that hanging over my head.
I had no idea what the bonus would be this year with the economy and being in a mortgage related business. Didn't get one the last two years but, the company said there would be one. Well, I got the bonus and it was 5-figures!
Of course, half of that goes to taxes but I can still pay off the 0% interest for 6 months credit card that I put the machine on. :D
Now I can rest easy about it and not have that hanging over my head.
#5
Super Member
Thread Starter
Join Date: Jan 2009
Location: California
Posts: 3,502
I am very thankful for the bonus, and having a job. I got a small raise too. I just hope to stay with the company for 8+ more years and take the early retirement at age 55. I've been with the company for almost 17 years now.
#8
Originally Posted by pittsburgpam
I bought my long arm machine a few months ago with the thought that I would be able to pay it off with my bonus and/or tax refund and not have to take money out of savings. The tax refund didn't work out because for SOME REASON I owe almost as much in state taxes as I will be getting back in federal! I changed my withholding last year because I had to pay... I need to go to HR about that.
I had no idea what the bonus would be this year with the economy and being in a mortgage related business. Didn't get one the last two years but, the company said there would be one. Well, I got the bonus and it was 5-figures!
Of course, half of that goes to taxes but I can still pay off the 0% interest for 6 months credit card that I put the machine on. :D
Now I can rest easy about it and not have that hanging over my head.
I had no idea what the bonus would be this year with the economy and being in a mortgage related business. Didn't get one the last two years but, the company said there would be one. Well, I got the bonus and it was 5-figures!
Of course, half of that goes to taxes but I can still pay off the 0% interest for 6 months credit card that I put the machine on. :D
Now I can rest easy about it and not have that hanging over my head.
I won't use H&R block, I pay an accountant to handle my returns. I have never had a problem since I started this practice eons ago.
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