Tax refund receivable

I am toying with the idea of including my tax refund receivable in my monthly net worth calculations. I figure that I will get at a minimum a $4,000 refund from both my federal and state returns for 2008. That equates to $333 a month to add to the receivable. It is money I am assured to get so I don't see a problem with including it in my net worth.

Many people will say that it is better to have less withheld from my paychecks. I have actually reduced my withholding to keep an additional $100 per month that I have added to my bi-weekly automatic savings. As of April 30th my tax refund receivable was $1,332.