Thursday, March 20, 2014

AlphabeThursday - R is for Return


Merriam-Webster online dictionary describes the word "Return" as:

- To come back or go back again
- To bring, give, send, or take (something) to the place that it came from 
or the place where it should go
- To bring or send (something that you bought) to the place that it came from 
because it does not work or fit properly, because it is damaged, etc.

Add one little "S" and it changes the whole meaning of the word!

I was hoping to receive a little bit of money back from all the taxes I paid in throughout the year.  But then I got divorced in November and had to file as a Single person.  
The law looks at it like this: 

"Your marital status on the last day of the tax year determines your status for the entire year.  If you were separated or divorced under a divorce or separate maintenance decree on the last day of the year, you are considered unmarried for the entire year."


Bummer!  If you live in the United States, you should know that filing jointly and filing single makes a big difference in your tax returns.  I will be paying back much more than I planned on.

My advice:  If you're thinking about divorce, start at the end of the year and complete it at the beginning of the year.  It makes a huge difference in the tax code.  As of 2014, that is...


Come by Ms. Jenny's site, Off on my Tangent
and see what other bloggers have chosen for their Letter R!

8 comments:

carol l mckenna said...

Great post for R for Alphabe ~ xxx

artmusedog and carol

Sarah ~ Magnolias Attic said...

Well, what a bummer. But then you know who is filing as a single too so there's some compensation in that, I guess!

Cathy Kennedy said...

What a majoR bummeR to owe money to Uncle Sam! That's a Real shame. Oh well, it was fun linking up with via the classRoom today! Stop by to see my brand new WP blog when you get a chance! ;)

BeadedTail said...

Bummer about owing taxes! The single deductions, tax bracket, etc. are actually half the MFJ now but when the incomes aren't equal it does make a big difference going from MFJ to single. Hopefully this year is better!

Gattina said...

What a disgusting law !

Rocky Mountain Woman said...

One more reason why I will never get married again!

Jenny said...

Oh.

Man.

I'm really really sorry.

What a ridiculous offensive law.

Sending you a hug.

I'm sorry for that icky surprise!

Splendid Little Stars said...

Bummer!
Something about this law just seems wrong.

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