Tax Time: Refund or No Refund?

Tax Refunds - Should you go BIG or Small

It’s hard to believe that taxes are due in just over a couple months! Last year we discussed our personal–and completely opposite–views and philosophies about tax returns and how much money we count on getting back from the government each year. Here we are one year later, and we both stand strong in our tax-filing approach:

Sam prefers to have more taken out of her paycheck thus receiving a bigger refund each year (find more about Sam’s tax preferences here) while Brittany prefers to walk the line of underpaying her taxes on a monthly basis so that her money is gaining interest in her bank account throughout the year. Read more about her style here.

We want to know what your views are on paying taxes and getting a tax refund each spring. In the great tax refund debate, do you go BIG or do you keep it small?!?!

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This post can be found along with other great posts at Alex and Cassie’s Thrifty Thursday Link Up, Frugal Friday, and *Part of Financially Savvy Saturdays on brokeGIRLrich and Invest with Vi*

2 thoughts on “Tax Time: Refund or No Refund?

  1. femmefrugality

    I like the big refund. I know it’s smarter to have that money in your savings account building interest, but in all reality it would just become a part of our budget. The interest I’d be making is somewhere in the neighborhood of maybe $40. That’s worth it to me to know it’ll be there and won’t get miscalculated into day to day spending. Frugal blogger fail.
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