HOLY CATS! Good news, everyone!
I’m getting a tax refund!
How did this magical, sparkly goodness happen, you ask?
Please allow me to spin my tale of darkness, woe, a change of fortune and eventual triumph.
It’s all pretty simple, really. I lost SO MUCH MONEY on the business in 2017 that I got to deduct most of it, and BOOM! My taxable income went down.
Let’s recap the starting situation:
I had set aside $3000 from my bonus to pay taxes.
I am getting a refund that is slightly more than $2000.
My tax preparation fees were $750, because there is no way in hell I’m qualified to do my own taxes. No, no, no.
My net refund is around $1250, PLUS the $3000 from my bonus that I won’t have to give the government.
I now have $4250 to put toward my credit card debt.
TAKE THAT, DEBT!