General Discussion

PCB66

(123 posts)

17. My wife and I are on a fixed retirement income

Wed Apr 8, 2026, 06:36 PM

Wednesday

Except for modest COLA increases we have about the same income each year.

This year we paid $1800 less in Federal Income taxes than last year.

A good portion of the increase coming from the $12K (joint) reduction in taxable SS income.

We give a proportional amount of income to our church as a charity donation. The church has a significant community food bank mission.

I suspect that the increased money we paid going to the church contributed more to feeding the indigent than the proportional amount would be going to taxes.

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Well, my tax refund is $1,000 more than last year... [View all] Septua Wednesday OP

You should take it to a food bank TheProle Wednesday #1

I plan to do that... Septua Wednesday #7

I'm sure they'll manage to scrape up the pennies they gave me in that bill bigtree Wednesday #2

This year Rebl2 Wednesday #3

I fully understand your position. Septua Wednesday #8

Well I Rebl2 Wednesday #14

Didn't change anything for me. I still owed. EdmondDantes_ Wednesday #4

If you're 65 or older it probably due.. surfered Wednesday #5

It is. Septua Wednesday #9

Stop loaning your government money Johnny2X2X Wednesday #6

I leave it as is... Septua Wednesday #10

I leave myself a little buffer Johnny2X2X Wednesday #12

You overpaid on your withholding so fortunately, none. BannonsLiver Wednesday #11

My modus operandi gladium et scutum Wednesday #13

Ours was about $1,000 more too Omaha Steve Wednesday #15

Ours was $89. Tbs, our income was up about $60k as H started collecting his SS and mine went up to half of his. Raftergirl Wednesday #16

My wife and I are on a fixed retirement income PCB66 Wednesday #17