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And update, and question
| Sun, 03-25-2012 - 11:05pm |
We have made it to New York! And got a surprise, Thumper (Carolynn) and Flounder (Gideon) are getting a baby!
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Congratulations on baby #3!!!
Thanks for the additional info. We should hit the itemized this year, easily. Not only the interest in the home, but the monthly offerings at church should put us there.
And sorry it has taken me so long to reply, Gideon is back in the hospital with bacterial pneumonia. Its been a battle. I'm figuring the weekend in the hospital. Then hopefully he can come home.
Your itemized deductions have to be more than the standard deduction for married jointly, if that's how you file, which I think this year is around $11,500. We personally had itemized deductions of around $10k, $6k in mortgage interest, $1200 in property taxes and a few other miscellanous deductions. DH's business stuff was separate if I recall, I'd have to look at last year's taxes, but even before he started his business and we owned the house, we had a low enough interest rate and mortage payment that mortgage interest didn't give us anywhere near enough to itemize.
Oh Congrads Vanessa!
Wow $7k refund, you will probably pay higher state taxes in NY too, so that will come off, as well as the 3rd child.
How do you figure out if you can itemize. My mom told me that they can't, but I don't understand all this tax stuff. Maybe I should invest into reading up on tax law, but its just not something I'm particularly interested in. I hope that we can right off our interest on the house, as it should be close to 10K this year, hopefully less. Plus NY state taxes for property aren't cheap.
As for nursing Thumper, yep! Well I'm starting the weaning process. Gideon ended up really sick and in the hospital this last week. I stopped eating in the process of driving back and forth to the hospital, stress, and just trying to deal with everything. So she has not nursed in 24 hours. She has been asking, but I haven't allowed her. I was going to wean once we were in the new house, but a couple of days earlier won't kill anything. I'm actually having a really hard time with it. :-(
I am scare that is what is going to happen to us! I don't want to pay in, but don't want to loan Uncle Sam all that money interest free! I want it where I believe it belongs.
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