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Home > Archive: February, 2007

Archive for February, 2007

I won a vacuum!

February 16th, 2007 at 09:48 am

I just got back from a conference and while there, I won a Hoover Windtunnel! I was so excited because now I don't have to drag our one vacuum up and down 3 flights of stairs! This will be so handy. I also had the winning ticket they drew for a $1,000 cash prize! I only came home with $250 though because the 4 of us at the table agreed to split the winnings if any one of us had the ticket (to increase our odds of winning at least something)... who would have thought that they would draw out MY ticket from the box of hundreds of tickets! But, no problem. I took my $250 out of the pot and smiled. Too bad I didn't win the grand prize though! It was a trip to Italy and that sure would've been nice! Smile

Should I use a tax place this year?

February 9th, 2007 at 05:49 am

Advice, please...

I usually do our taxes myself each year. However, 2006 was full of activity so now I'm not sure... what do you guys think?

2006 events-

1099-S Sold house (lived in for 4 years)
Bought new house
1098 Mortgage interest for 2 houses
1098-T (paid for grad school in Dec for Spring semester start in Jan 2007)
1099-R rolled over 401-K plans to IRAs
DH has 2 W-2's
I have 3 W-2's
DH has a 1099 from a part-time job
Childcare statements
Property tax statements

So, does any of that above look like I should have a "professional" do it or is it something I can handle myself. I usually use TaxAct and know that it should work fine but I'm wary that with all the things that we did, selling a house, rolling over the 401k, etc. that I might miss something.

People automatically assume sometimes that because I have a finance degree that I should know taxes automatically... uh, NOPE. Taxes are such a foreign creature to me and that's the one area that I am so unfamiliar with. So you CPAs out there, please help... should I go seek out the nearest H&R Block and pay $400 or do it myself for the cost of a few headaches?

possible Murphy event in the future

February 7th, 2007 at 07:47 am

As Dave Ramsey coins, Murphy might be paying us a visit soon... DH is in an "interim" position which means that his contract is up this summer and the position may or may not be his after that. It's being held for an individual who took a year's leave of absence to go do an internship... he should be returning, unless an opening comes up for him in his new administrative field, so the possiblity of DH not having his job is likely... I'd say there really is a 50/50 chance of it going either way.

I guess I will need to stop my contributions to our Roths and start putting that money away in a short-term savings account which I really don't want to do but will have to, I guess. I'm feeling so "ho hum" about things right now.