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Another Tax day surprise- and not a good one.

April 4th, 2014 at 04:43 pm

Last year we got hit fairly hard with state taxes and paid a hefty amount, plus paid quarterly taxes all year. Unfortuately, it wasnt quite enough and we are sending an extra $3k for last year and an extra $700 on top of the $1600 we were paying for quarterly taxes (now- $2300 quarterly).

Sadly, this hits before I rebuilt the emergency fund so our only option is the CC- which brings the balance to just over $14k and sets our payoff date back several months.

HUGE SIGH.

The aheader we go...the behinder we get.

Time to head back to the budget and see what I can shave and determine a new payoff date.

3 Responses to “Another Tax day surprise- and not a good one.”

  1. Mooshocker Says:

    You wouldn't happen to live in New York would you? Sounds like everyday life here! Sorry to hear about your step back. But remember, what doesn't kill you makes you stronger and this will be in the past very soon. Jamie

  2. Looking Forward Says:

    Same here (not taxes, just other crap) - one step forward and two steps back. UGH!

  3. FrugalTexan75 Says:

    Ugh, sorry to hear this.

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