What are YOU going to do with your tax return money ?

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  • N51_rob
    Faceuary!
    • Jul 2003
    • 14805

    #16
    Re: What are YOU going to do with your tax return money ?

    Going to save it. I thought about buying a new TV for the den, but I'm just gonna save it. Nothing that I really need right to blow it on right now.
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    • BunnyHardaway
      Banned
      • Nov 2004
      • 15195

      #17
      Re: What are YOU going to do with your tax return money ?

      I won't get much back, but whatever I get is going towards Cancun.

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      • stewaat

        #18
        Re: What are YOU going to do with your tax return money ?

        Put it in checking and then use it when I need to. No big purchases in my future after buying a house & car.

        Well that's a lie...I need to finish my fence in the backyard. So that's about $750. I'll just do that.

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        • GSW
          Simnation
          • Feb 2003
          • 8041

          #19
          Re: What are YOU going to do with your tax return money ?

          I dont know whow much im getting back but I just moved so I will most likely buy stuff for my new apt...and then just save the rest... or send some to Haiti
          #Simnation

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          • WazzuRC
            Go Cougs!
            • Dec 2002
            • 5617

            #20
            Re: What are YOU going to do with your tax return money ?

            Save it. My girlfriend and I are pretty broke at the moment.

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            • garnettrules21
              MVP
              • Oct 2003
              • 2392

              #21
              Re: What are YOU going to do with your tax return money ?

              Save it, use it on a privacy fence later in the spring.

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              • rspencer86
                MIB Crew
                • Sep 2004
                • 8807

                #22
                Re: What are YOU going to do with your tax return money ?

                Save it for now, eventually it'll help me buy a new car.
                Ryan Spencer

                University of Missouri '09
                Twitter: @RyanASpencer

                Royals / Chiefs / Kings / Mizzou / Sporting KC


                PSN: MizzouTigerrr
                XBox: MizzouRhino

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                • Qb
                  All Star
                  • Mar 2003
                  • 8797

                  #23
                  Re: What are YOU going to do with your tax return money ?

                  We'll likely be putting in it in the savings as we save to buy another house. We were lucky to break even in selling our old one, so we didn't exactly make out on the "starter home"...

                  Hopefully it's a good one. We <strike>added our first dependent</strike> had our first child in April. Hopefully Uncle Sam realizes diapers and daycare are quite expensive. And good tip with the car purchase, mjb, I'll have to look into that. Bought a new Honda Fit for the wife in October...

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                  • Gotmadskillzson
                    Live your life
                    • Apr 2008
                    • 23442

                    #24
                    Re: What are YOU going to do with your tax return money ?

                    Yeah I never knew that about cars either.

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                    • HealyMonster
                      Titans Era has begun.
                      • Aug 2002
                      • 5992

                      #25
                      Re: What are YOU going to do with your tax return money ?

                      Originally posted by rspencer86
                      Save it for now, eventually it'll help me buy a new car.


                      was going to buy new car with mine, or actually put a down payment on a new car with mine. but my wifes passat died in December so I ended up leasing a new sentra for very cheap (200 a month) so I dont need to spend it now.



                      was thinking of finishing my basement this summer so itll prob be added to that fund.


                      (I most likely will "borrow" 300 from it for a PS3 and the show '10!)

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                      • FlyingFinn
                        MVP
                        • Jul 2002
                        • 3956

                        #26
                        Re: What are YOU going to do with your tax return money ?

                        Originally posted by mjb2124
                        Do the same thing I do every year....invest it. My wife and I have new cars and are closing on a house we built in the next 2 weeks.

                        I should get 5k or so back this year because my wife bought a car last year and we'll get the sales tax back from the car (if I understand the car sales tax correctly). I think we'll also get a good chunk back from the house purchase as well. I believe Obama extended the first time home buyers incentive to include people who already had a house and owned it for more than 5 years.

                        You don't get the sales tax back as a refund. You can deduct it from your income just like property tax or mortgage interest.

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                        • rspencer86
                          MIB Crew
                          • Sep 2004
                          • 8807

                          #27
                          Re: What are YOU going to do with your tax return money ?

                          Originally posted by Renegade44
                          (I most likely will "borrow" 300 from it for a PS3 and the show '10!)
                          Now that's a good investment!
                          Ryan Spencer

                          University of Missouri '09
                          Twitter: @RyanASpencer

                          Royals / Chiefs / Kings / Mizzou / Sporting KC


                          PSN: MizzouTigerrr
                          XBox: MizzouRhino

                          Comment

                          • Sausage
                            MVP
                            • Feb 2003
                            • 3905

                            #28
                            Re: What are YOU going to do with your tax return money ?

                            **Replacing roof on townhome

                            **Furniture for the rarely used living room

                            **Pay off CC's.

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                            • TimmeH
                              Cult of Personality
                              • Jun 2003
                              • 4588

                              #29
                              Re: What are YOU going to do with your tax return money ?

                              My entire refund is going to my car loan. I've been trying to limit my budget every week and do all I can to eliminate my debt, so this will help. My car should be paid off before Spring rolls around, hopefully I'll have my credit cards gone by Spring 2011, and then all I'll have left is my small student loans.

                              Plus my car just turned 100k a couple months ago, and seeing as I put on about 25k miles a year, I have a feeling it won't be long before it starts giving me problems. I'd rather have it paid off before that happens.
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                              • stewaat

                                #30
                                Re: What are YOU going to do with your tax return money ?

                                25k/year? Whoaaaaaaa

                                I do not envy your commute or whatever you do!

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