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Jennifer E. Thomas
j3nny3lf
...... .:::.:.:


Waterfalls
It's almost like there are these periods where our relationship is smooth and steady, and then there are times when it's like standing on the edge of this gorgeous, wonderful waterfall and just letting yourself drop, knowing that there's a safe pool of water ready to catch you at bottom. You take the plunge and you're in wayyyy over your head, but oh man, it's exhilarating, it's breathtaking, it's just incredible and you feel better than you ever have before and the water is cool and refreshing and exactly what you needed.

Sam is my waterfall.

- LJ entry from 8/2005





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December 2017
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Jennifer E. Thomas [userpic]
Tax time

I swear, the Earned Income Credit is like permission to steal.

Sam doesn't earn enough at the school to have any tax liability at all, so they refunded the entire.. $1400 he paid in income tax in 2008.

Then we got an extra $1000 bucks, why? Because we have an "extra" child. I don't understand that one, but hey, I'll take it.

And then the EIC. Because of the low income level, he qualifies for that one. What's that mean?

Almost FIVE THOUSAND DOLLARS!?! Our total refund is over $7K. We're just in shock.

That money is all already earmarked. $1500 to the church benevolent fund to repay them the $1000 for Sean's root canal plus a little bit (they told us flat out when we told them we would pay it back that that was not expected at all, but we want to. It's going to be a rough year, and we don't want that fund to be wanting if we can help it.). $2500 paid forward on our rent, which will give us a balance of $3600, meaning we pay only $250 per month on our rent for the next 12 months. $1200 toward the electric bill, which is averaged at $225 per month, so we'll only pay $125 per month for a year on that. The rest is going to bring the boys to the dentist, and get everybody's (including the parents!) eyes checked and new glasses as needed from this website that does frames and lenses for $25 total.

By paying ahead on the rent and electric like that, that's $400 a month that we don't have to fret about. And not having to fret about money is a very good thing.

But what is up with that EIC? It seriously feels like I'm robbing a bank.

Tags:
Borderline symptom of the day: peacefulpeaceful
Comments

Which website? I use one that does frames and lenses for $39 and even with my frames and lenses which cost around $1,000 for the prescription it only cost me $69. I'm always happy to find new places!

I think she is talking about zenni optical. Google them.

I'm right there with you, sista. This is the first year we got Earned Income Credit. I didn't know whether to laugh or cry. On the one hand, all of Kitt's SSDI was non-taxable while my entire income was taxable. I make about half what a teacher makes, which is to say NOT MUCH. In other words, we is PO'.

Just the fact that I am TRYING to stay employed and not totally live off the government puts us into the EIC bracket. I don't look at it so much as "permission to steal" as i do an incentive to keep working! Because if I quit altogether, we will NOT be eligible for EIC, which means our tax refund would be significantly lower.

So, rock on Jenni! We're in the same leaky boat.

I get spanked every year by Uncle Sam, usually to the tune of 2 or 3 thousand dollars. Still, I vote democrat. I like seeing wealth redistributed, especially now that the upper echelons are going to have to pitch in a bit more!

I thank you for your tax dollars, dear sister. :) I shall endeavor not to waste them. :D