I completed my taxes yesterday. We owe $800 net, which means we owe $1500 to the federal government, but are getting a $700 rebate from the state (if they don’t run out of money). I generally don’t try to get a big tax refund, but I usually like to hit it a little closer and not owe much.
So for grins and giggles I decided to figure out what my tax refund would be if I were a breeder. If I had one kid I would be getting a $1400 net refund, and I wouldn’t owe anyone anything. This doesn’t count any child care tax credits I may have been able to take. Crap. Taxes suck for non-breeders, especially infertile ones. Let’s break it down.
I am not a breeder so I get no extra deductions or credits for children or child care.
If I was a breeder I could deduct loads more from my income and maybe get a piece of the child care tax credit action (AKA cash prize for breeding).
I am not a breeder so I get to spend loads of money on expensive fertility treatments, but not quite enough to deduct any medical expenses.
If I was a breeder I wouldn’t need to deduct medical expenses because health insurance would pretty much cover all my extra medical expenses related to my children.
I am not a breeder so I pay real estate taxes used primarily to support local schools that I don’t use. (Although my husband works in education, so my argument gets a little muddy here).
If I was a breeder I would thank the non-breeders for sending my kids to school for free.
I’m not bitter. I’m just ranting. I want to get on the government teat too. I’m sick of being the cow producing all the milk.
So for grins and giggles I decided to figure out what my tax refund would be if I were a breeder. If I had one kid I would be getting a $1400 net refund, and I wouldn’t owe anyone anything. This doesn’t count any child care tax credits I may have been able to take. Crap. Taxes suck for non-breeders, especially infertile ones. Let’s break it down.
I am not a breeder so I get no extra deductions or credits for children or child care.
If I was a breeder I could deduct loads more from my income and maybe get a piece of the child care tax credit action (AKA cash prize for breeding).
I am not a breeder so I get to spend loads of money on expensive fertility treatments, but not quite enough to deduct any medical expenses.
If I was a breeder I wouldn’t need to deduct medical expenses because health insurance would pretty much cover all my extra medical expenses related to my children.
I am not a breeder so I pay real estate taxes used primarily to support local schools that I don’t use. (Although my husband works in education, so my argument gets a little muddy here).
If I was a breeder I would thank the non-breeders for sending my kids to school for free.
I’m not bitter. I’m just ranting. I want to get on the government teat too. I’m sick of being the cow producing all the milk.
11 comments:
Hi Megan,
I hear you! I know that children are expensive, but it seems like we the ones that end up funding the fertiles!
Why does society perpetually award people who can hop into bed and jump out pregnant?
It sucks.
SO True!! I agree completely!! Its ok to rant, we all do it.lol
If only there was a fertility tax that all the breeders paid to help offset the cost of treatment for those less fortunate...
I haven't done our taxes yet, but I'm pretty sure that I spent so much on IF treatments last year that it will be deductible.
I'm pretty ambivalent about that.
i know. i know. i KNOW! arg.
Our due date was the 15th of December...and that was exciting to everyone because we would get a refund for all of 2008 based on that. Sigh. Instead we get a measley $400. Drinks are on me ladies!
You're going to drive yourself crazy if you keep doing these calculations!
RIGHT!? I am a little bitter though, so I'm gonna leave it at: I completely agree!!
I totally agree. We spent a ton of money last year on IF treatments too, but not quite enough to be a deduction.
I know what you mean. I hate that I am dishing out money on infertility treatments, but I get no tax deduction for that. It seems rather unfair.
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