Quote:
Originally Posted by jman220
Just did my taxes, the leopards ate my face too (of course I’ve known all year it was coming). Last year’s refund was $2,800 for me, $3,800 for the wife federal (I know, I know, we’re missing out on that sweet sweet 2 percent bank interest). This year it’s $1100 me, $2700 wife.
Are you changing your W4 to increase your refund for 2019?
Have you considered putting in a small amount into line #6 to make sure you get a bigger refund?
ETA...
$2000 per year, compounded at 2.2% is about $82k after 30 years. $22k in interest.
If put into I-bonds, it would be more than 2.2% and should (if I-bonds work as designed) exceed inflation by a few %/year.
$40/week, and this would be building an emergency fund simultaneously.
Last edited by Lapidator; 02-15-2019 at 11:50 AM.