I’ve started working on my tax forms with TurboTax Online through taxfreedom.com, a site that offers free federal and reduced-price state filing. I have almost all the information I need, so I went through to see where I was heading.
Thankfully, I took classes last year towards my MBA. If I hadn’t, I would have owed a few hundred dollars. It turns out that because of tuition money spent, I will be getting almost $1,000 back from the federal government.
I realize that is money that I could have been gaining interest on, but with my job change and then my job change back last year, it was going to be difficult for me to predict what was happening and make better choices on my withholding.
Updated February 6, 2012 and originally published January 25, 2005. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.