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2011 Income Tax Return Guesstimate

November 10th, 2011 at 10:44 pm

Since I am feeling blue about not making the financial progress I would like to be making, I pulled out my last checkstub and guesstimated my 2011 income tax returns. It looks as though I will be refunded a bit over 2k. That made me feel better! What to do with it? Easy! At the moment, I have contributed $2,950 to my Roth for 2011. Another $1,050 will be a nice little boost, and then 1k to traditional.

This will be nice, because it will be 1k more than planned to each, improving my chances of hitting my targets. Yay! Smile

2 Responses to “2011 Income Tax Return Guesstimate”

  1. creditcardfree Says:
    1320970526

    That is great news!!

  2. Jerry Says:
    1321095388

    I'm glad that your estimated refund will lead to a bit of a windfall that you can apply intelligently toward your future like that! It is always nice to have the insurance of a little (or not so little!) boost toward your goals. Kudos to you for not just wasting the money... I know far too many people who do that every year.
    Jerry

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