3/13/2019

2018 Tax Return

Just last week I was able to submit our tax returns for 2018 and it looks like we can be expecting a combined refund of about $4,300!  With all the renovations going on - it really couldn't come at a better time (despite the adage of this really just representing an interest free loan to the government).

The plan is to use it to knock back our Line of Credit so we can get that paid off ASAP. The LOC mostly has leftover expenses from our back yard landscaping this past summer.  Once we use the tax refund it'll take us just another month or two to get it completely paid off (again).  

Just for fun - here's a picture of the hottub/pergola/fence that we did over the summer which had a bit of an overrun. 

If you're expecting a tax refund this year, what are your plans for spending/saving it?

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