Taxes are done!
I have finished my taxes of 2007! Last year I decided to do the responible thing and make sure I had the proper amount withheld from my taxes. I went to the IRS’s W4 calculator and entered my information and it gave me the correct number of withholdings and amount to have withheld from my paycheck.
It ended up being pretty close. I am getting a small refund back which is better than owing right? Still before I did my calcuations on the tax form, I had it in the back of my head that I would get an amount similar to what I had in previous years and starting thinking about what I would do with that money. Put a little aside in a emergency fund? Throw a little at some debt? Buy a Playstation or sofa? Of course with the amount I am getting back, none of that will end up happening. I may add it with the emergency fund, else I will keep it with my general funds as an extra cushion. It was nice to dream for a minute though.