I have been working on my taxes and it looks like my wife and I will be getting an income tax refund this year.  That’s good news, because we are in the process of paying off our mortgage and every extra penny counts! A certain portion of our household income comes through self-employment, so judging withholding can be a bit tricky.  We tend to ere on the conservative-side and over-withhold – which usually leads to a bit of a refund. Looking to save money when filing your taxes?  Check out this deal – Save 15% on H&R Block Online Tax Software. Here are a few ideas for what to do with an income refund, including what we are going to…

I have been working on our taxes and it looks like we will be getting back a small refund – think hundreds, not thousands. My wife and I usually over-estimate withholding, just a bit, due to the fact that I have self-employment income, which tends to vary from year to year.  We prefer to send in a bit more, just to be on the safe side. We will use our modest tax return for three things – Vacation – We are going to take a week-long vacation to the beach this summer (for which we have budgeted) – and about 25% of our refund will go towards extras, like bike rentals or a trip to putt-putt.  We have three kids,…