Money What are you going to do with your tax return money? - Page 5

El Jefe · 11:25 AM

Inb4 taxreturnsareforthosewhodontknowhowtoinvest.
inb4Ialwaysendupoweing
inb4youareanidiotifyougetmoneyback

Anyways, for those of us who are getting money back, what are your plans for it? I fortunately am going to be getting almost all the money I spent out of pocket finishing my BBA last year, roughly 2500. I am going to take $500 and put it into my portfolio (small, but growing), take another $500 and put into my rainy day fund. I think I will take $1000 and pay down some bills we have (couple medical bills and pay some towards my wife's school loan). I will probably use $150.00 of the leftover to take my wife to Texas De Brazil (freaking love that place), I also need to replace my windshield in my civic which got cracked this winter, I will probably buy a couple books and a couple DVD's. I also need to buy some points for my 53 Ford Jubilee, and I would like to buy a Fiskars X27 axe, because I have a 40 foot ash tree cut down and sectioned, but not split. Plenty of others things to consider as well.

What about you guys?

BucEyedPea · 02-10-2015, 01:27 PM

Quote:

Originally Posted by Fire Me Boy!

Pay off a little debt, pay travel expenses for my wife to accompany me to Hawaii (work is sending me), and maybe buy another lens for my camera.

Lucky you. Lady I worked with last week ending is going there. Wish they were sending me.

**Fire Me Boy!** · 02-10-2015, 01:30 PM

Quote:

Originally Posted by BucEyedPea

Lucky you. Lady I worked with last week ending is going there. Wish they were sending me.

I went last year, too. After this year, it'll be an every-other-year thing for me. Wife has determined that I'm not allowed to go without her.

kepp · 02-10-2015, 01:30 PM

Quote:

Originally Posted by mikeyis4dcats.

nope. Did get a decent bonus check this year, which I though should have increased our return, not reduced it. Weren't in the edge of a bracket either.

I suppose one of these days I shoudl run them again in something other than Turbotax and make sure they didn't goof something up.

*edit* just checked again, and it looks like it's possible we may have crossed into the next tax bracket after all. That might have been the culprit.

That sucks. My wife started a new job last year which put us into the next bracket up. I mean, it doesn't suck...but it sucks.

As for our return, my wife and I usually give ourselves a few hundred each to buy something we want and the rest will probably go to our kids' 529 accounts.

**DaFace** · 02-10-2015, 01:32 PM

Quote:

Originally Posted by Sorce

It's going towards our trip to Italy.

Similar here - going into the pot for a trip to the UK this summer.

**mikeyis4dcats.** · 02-10-2015, 01:38 PM

Quote:

Originally Posted by kepp

That sucks. My wife started a new job last year which put us into the next bracket up. I mean, it doesn't suck...but it sucks.

As for our return, my wife and I usually give ourselves a few hundred each to buy something we want and the rest will probably go to our kids' 529 accounts.

yeah, guess I should have paid more attention and probably could have negotiated some alternate compensation to keep me below the threshold.

PA Chiefs · 02-10-2015, 01:39 PM

Wheels and tires for my 69 Mustang and paying off my wife's Macys card, whatever is left goes to savings.

George Liquor · 02-10-2015, 01:42 PM

Not getting much of one. I'll probably owe the state around $100

scho63 · 02-10-2015, 01:44 PM

Use it to pay down past due taxes from 2009!

RaiderH8r · 02-10-2015, 01:52 PM

Quote:

Originally Posted by Dicky McElephant

It's a private school that covers K-8. She's currently in 2nd grade and it comes out to about $4500k a year. We're ****ed at the end of this year because our twins will be going into kindergarten. If the wife has a good enough job....we'll keep all three in there. If not....it'll be public school time.

Is that $4,500/yr or $45,000/yr? Why did you put a K on there? Is i it $4,500,000/year because that seems spendy.

Because, christ. I'd give my nut to be in only $4,500/yr. I'm shelling out just over $13,000/yr for pre school. My son's in 1st grade and private school is just a nut over $25,000/yr. That's before activities and shit. So, of course, little ****er is a hockey player. That cost me $1,400 for the fall season, another $1,800 for summer camps. Good news! Spring season is only $395. What could make this more expensive? Glad you asked. He's. A. Goalie. SMH. So that's an additional $800+ in goalie gear on top of his skate gear.

That's what I get for insisting we would never be a soccer family. I'm an idiot.

**notorious** · 02-10-2015, 01:54 PM

Quote:

Originally Posted by RaiderH8r

Is that $4,500/yr or $45,000/yr? Why did you put a K on there? Is i it $4,500,000/year because that seems spendy.

Because, christ. I'd give my nut to be in only $4,500/yr. I'm shelling out just over $13,000/yr for pre school. My son's in 1st grade and private school is just a nut over $25,000/yr. That's before activities and shit. So, of course, little ****er is a hockey player. That cost me $1,400 for the fall season, another $1,800 for summer camps. Good news! Spring season is only $395. What could make this more expensive? Glad you asked. He's. A. Goalie. SMH. So that's an additional $800+ in goalie gear on top of his skate gear.

That's what I get for insisting we would never be a soccer family. I'm an idiot.

J

F

C

RaiderH8r · 02-10-2015, 01:54 PM

Quote:

Originally Posted by mac459

I'm getting back between $8500 and $9000..so some goes to bills..some goes towards a new gun..some towards the house..most gets saved back and spent throughout the year on random things

So you're floating the IRS an interest free loan of $8,500 or so? You're nicer than I.

RaiderH8r · 02-10-2015, 01:56 PM

Quote:

Originally Posted by notorious

J

F

C

I did get a pretty sweet tie for Father's day so that makes up for it.

It's northern VA. That's how shit is around here. You can't send them to public school though. Those people are animals. I know. I'm the product of public schooling.

High school goes up to anywhere from $35-$50K depending on whether or not he stays or goes to boarding school. Same for the girl.

RaiderH8r · 02-10-2015, 02:01 PM

So, to the OP. Yeah, like everyone else...hookers and blow.

Or a bulldog. I've wanted a bulldog for a while. I'd name him Meatlug and we'd have farting contests. My wife doesn't want a fat, slobbering, farting, animal around the house. Actually, she doesn't want another fat, slobbering, farting, animal around the house. But **** that noise. Meatlug would be awesome. I would take him to the office with me and he would chill on my big red chair.

**notorious** · 02-10-2015, 02:41 PM

Quote:

Originally Posted by RaiderH8r

So, to the OP. Yeah, like everyone else...hookers and blow.

Or a bulldog. I've wanted a bulldog for a while. I'd name him Meatlug and we'd have farting contests. My wife doesn't want a fat, slobbering, farting, animal around the house. Actually, she doesn't want another fat, slobbering, farting, animal around the house. But **** that noise. Meatlug would be awesome. I would take him to the office with me and he would chill on my big red chair.

Does Meatlug like peanut butter?

RaiderH8r · 02-10-2015, 02:50 PM

Quote:

Originally Posted by notorious

Does Meatlug like peanut butter?

Straight. No testicles.

02-10-2015, 11:21 AM
El Jefe Don't tread on me. Join Date: Nov 2006 Location: Where the peaches grow Casino cash: $9030572	What are you going to do with your tax return money? Inb4 taxreturnsareforthosewhodontknowhowtoinvest. inb4Ialwaysendupoweing inb4youareanidiotifyougetmoneyback Anyways, for those of us who are getting money back, what are your plans for it? I fortunately am going to be getting almost all the money I spent out of pocket finishing my BBA last year, roughly 2500. I am going to take $500 and put it into my portfolio (small, but growing), take another $500 and put into my rainy day fund. I think I will take $1000 and pay down some bills we have (couple medical bills and pay some towards my wife's school loan). I will probably use $150.00 of the leftover to take my wife to Texas De Brazil (freaking love that place), I also need to replace my windshield in my civic which got cracked this winter, I will probably buy a couple books and a couple DVD's. I also need to buy some points for my 53 Ford Jubilee, and I would like to buy a Fiskars X27 axe, because I have a 40 foot ash tree cut down and sectioned, but not split. Plenty of others things to consider as well. What about you guys? Last edited by El Jefe; 02-10-2015 at 11:25 AM.. Reason: I meant 2500 not 250k
Posts: 8,540

02-10-2015, 01:39 PM	#66
PA Chiefs Starter Join Date: Sep 2012 Location: PA Casino cash: $9843498	Wheels and tires for my 69 Mustang and paying off my wife's Macys card, whatever is left goes to savings.
Posts: 211

02-10-2015, 01:42 PM	#67
George Liquor Forklift Certified Join Date: Nov 2013 Location: House of the Rising Sun Casino cash: $-1000150	Not getting much of one. I'll probably owe the state around $100
Posts: 18,612

02-10-2015, 01:44 PM	#68
scho63 Politically Incorrect Join Date: Feb 2009 Location: Scottsdale, AZ Casino cash: $-980000	Use it to pay down past due taxes from 2009! __________________ *"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!"* ~Redd Foxx~ ~~2018 2019 2020 20212022 2023~~ 2024 Adopt a Chief - Clark Hunt and Brett Veach "The men who drafted Patrick Mahomes"
Posts: 55,130

02-10-2015, 02:01 PM	#73
RaiderH8r Now it's Willie Time! Join Date: Jun 2004 Location: Beating hippies Casino cash: $3533512	So, to the OP. Yeah, like everyone else...hookers and blow. Or a bulldog. I've wanted a bulldog for a while. I'd name him Meatlug and we'd have farting contests. My wife doesn't want a fat, slobbering, farting, animal around the house. Actually, she doesn't want another fat, slobbering, farting, animal around the house. But **** that noise. Meatlug would be awesome. I would take him to the office with me and he would chill on my big red chair. __________________ “You may think RaiderH8r is just a thinker. But I’m not just a thinker. I’m a doer. Every day I go out there, and rev that engine, fire it up, grab a hold of that line between speed and chaos, and wrestle it to the ground like a demon cobra. And when the fear rises up in my belly, I use it. Fear is powerful, because it’s been there for billions of years. And it is good. And I use it. And I ride it; I ride it like a skeleton horse through the gates of hell.”
Posts: 4,054