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tax thoughts

April 2nd, 2015 at 02:29 pm

I'm finishing up the taxes, and the software does a year by year comparison. It's interesting.

First, we're accelerating our mortgage pay off. We hope to have the house paid off in 2017, about six years after we bought it. Even though the balance doesn't seem THAT much lower, we paid $1000 less in mortgage interest this year than last. This makes me happy because mortgage interest is money in the trash in my opinion.

And most strangely, as a household, we made $2000 more last year, despite my cutting my freelance income in half. Looks like DH has been getting bigger raises than I thought. Because I cut my freelance income our refund was $3000 more. I hate that there is a disincentive for two spouses to work!

2 Responses to “tax thoughts”

  1. Miz Pat Says:

    Maybe it was all the expenses that go with working, gas, travel, whatever....

    Looks faintly confused.

  2. ThriftoRama Says:

    It's because I'm self-employed and married (second income). There are hefty tax bills that go along with those two things.

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