consequently, i've been dreading the approach of tax time because
- the information about self-employment tax on irs.gov is fairly confusing
- i figured, what with the taxes from my severance pay as well as what i've since earned freelancing, i would probably owe a couple grand or more. and while i am capable of paying that, the thought of doing so didn't exactly fill me with glee. (i don't know about you, but a thousand bucks is still a lot of money to me.)
that w-2 still hasn't turned up, but i eventually gave in and tried to fudge it using the numbers from my last paystub. and now that i have, i've discovered that of course my severance checks had taxes withheld—they just stopped withholding money for health insurance and retirement benefits. meaning that i had already paid quite a bit more tax for 2006 than i thought.
so, to my extreme relief and surprise, it turns out that i will actually get a federal refund this year! granted, it's not as big as it would've been if i still had a full-time job, but it's enough to pay the mortgage for another month while we get the house ready to sell. and considering that i expected to owe at least one or two thousand, that's quite a load off my mind.
i'd been feeling miserly all month, bracing myself for the upcoming hit to my budget. suddenly i feel rich. i want to go record shopping and get a whole bunch of new music, just scads of records and cds. i also need some laptop accessories... i could use a performance-quality usb-based sound card (suggestions?) and some sort of carrying case/bag to make it portable. (or at least to make me less nervous about lugging the thing around.) ¶