What are you planning on spending your tax returns on this year??

The Living Tribunal

The Living Tribunal

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Sep 14, 2013
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The spaces between realities!
I'm getting a pretty big amount back....I might just save it all and not touch it...or upgrade my PC a little. Mainly a little bit better CPU.
Other than that I'm really not going to spend any of it...at least initially.

How about you?
Getting alot back?
Whatcha going to spend it on? Gold plated 24. Magnums??:hehe:
 
Trying to get my stereo system (car audio) done with tax money. :) Boom boom-time!
 
VaLLiancE said:
what cpu you have now?
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i5-4670K oc'd.
I know it is pretty good already...:txbcool:

I just figure if I have the money might as well get an i7 with the extra 2mb of L3 cache and hyperthreading...even though I think only Crysis 3 really takes advantage of that. I could be wrong though.

I already have a good video card (evga gtx 780 3gb) so I'm good there.
Like I said though if I have the money. Or maybe I should just wait. It might just be overkill. :laugh:
 
I'm gonna be the party pooper :hehe:

Your tax return is a free loan you are giving the government every year.. you should be adjusting your W2 withholdings if you are getting a large return back, and putting the extra money per paycheck in savings.

Best case scenario is you break even at the end of the year, or owe a small amount. Owing a small amount = free loan from the government.

I somewhat unexpectedly got married this year, and due to my income.. my return went from near $0 to over $10,000.. I'm putting it in savings or into an investment and adjusting my W2 majorly.
 
BunzHoles said:
I'm gonna be the party pooper :hehe:

Your tax return is a free loan you are giving the government every year.. you should be adjusting your W2 withholdings if you are getting a large return back, and putting the extra money per paycheck in savings.

Best case scenario is you break even at the end of the year, or owe a small amount. Owing a small amount = free loan from the government.

I somewhat unexpectedly got married this year, and due to my income.. my return went from near $0 to over $10,000.. I'm putting it in savings or into an investment and adjusting my W2 majorly.
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You should buy this instead. Don't worry, once you start charging for dino rides, it'll pay for itself.
 
As for me, I am not spending any of my tax return. You make money by not spending money, and I love making money too much for such trivial spending.

BunzHoles said:
I'm gonna be the party pooper :hehe:

Your tax return is a free loan you are giving the government every year.. you should be adjusting your W2 withholdings if you are getting a large return back, and putting the extra money per paycheck in savings.

Best case scenario is you break even at the end of the year, or owe a small amount. Owing a small amount = free loan from the government.

I somewhat unexpectedly got married this year, and due to my income.. my return went from near $0 to over $10,000.. I'm putting it in savings or into an investment and adjusting my W2 majorly.
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You sound like you are just now learning this. :p
 
Might go towards new snowboard and snowboard gear. Hoping I'll get around $1,500 to $2,000.
 
Overdue repairs to my car, headliner falling off, noisy right front bearing, leaking valve cover gasket, coolant flush, and if enough left fix the dings on the body.
 
The PS4. I've waited too long. I have to see what all the hype is about. It better butter my toast for me i'll be disappointed.
 
HELLRAISER said:
Overdue repairs to my car, headliner falling off, noisy right front bearing, leaking valve cover gasket, coolant flush, and if enough left fix the dings on the body.
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It sucks to spend a lot on repairing cars. :( I hate doing that myself. Definitely no fun.
 
Smurfboy said:
It sucks to spend a lot on repairing cars. :( I hate doing that myself. Definitely no fun.
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Definitely helps that i work at an auto shop so parts are fairly cheap for me and labor is minimal, but the body and the interior are a whole different story and possibly a paint job which is alot of $$ :(
 
Z A C K said:
Get a snowboard instead ;)

lol, jk, but where are you from/where is your local mountain?
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Tried snowboarding half a dozen times and just didn't care for it. Would much rather pretend to be Ted Ligety and rip down the hill. Although if I would have gotten into snowboard I would have looked into carving boards. I'm in Dubuque and ski at Sundown Mountain.

http://sundownmtn.com/
 
Tucked away in savings for a rainy day. I also have an estimated $15-20k bonus coming my way end of February..... which literally gets taxed 50%.... so more like $8-10k net. That damn Canadian government. I got a new investment property that is scheduled to be up and running by the end of 2014/early 2015. I already have the amount saved in a 1.5% savings account, but I got two more down payments in cash, plus more govt and lawyer fees to go...... about $80k worth. Then get a mortgage for it and it's mine. I didn't make much on my last one, but I think this one will be different due to the location and type of property. Then got to determine whether to rent out and sell in a few years or try to flip in within 6 months. If all goes well, I might be able to score $100k+ profit on it.
 
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I'm tiling my kitchen and bathroom. I've had enough of this ugly linoleum that the previous owner put down.

Also getting a gate for my backyard.
 
Viktor said:
Tried snowboarding half a dozen times and just didn't care for it. Would much rather pretend to be Ted Ligety and rip down the hill. Although if I would have gotten into snowboard I would have looked into carving boards. I'm in Dubuque and ski at Sundown Mountain.

http://sundownmtn.com/
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Cool. I was into Skateboarding at a young age and Snowboarding just kind of came out of that. Now I'm a big fan of the terrain park. My local mountain in NY right now is Bristol.
http://www.bristolmountain.com/?AspxAutoDetectCookieSupport=1
 
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:rolleyes::rolleyes::rolleyes::rolleyes:
BunzHoles said:
I'm gonna be the party pooper :hehe:

Your tax return is a free loan you are giving the government every year.. you should be adjusting your W2 withholdings if you are getting a large return back, and putting the extra money per paycheck in savings.

Best case scenario is you break even at the end of the year, or owe a small amount. Owing a small amount = free loan from the government.

I somewhat unexpectedly got married this year, and due to my income.. my return went from near $0 to over $10,000.. I'm putting it in savings or into an investment and adjusting my W2 majorly.
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Not if your poor.:cool::p:D
 
Maxed out every credit this year. Biggest tax check wife, and I ever got.
Lifetime PTCC weapon, $ on my MS account, and paying off some old bills. Rest probably going in the bank, or going to pay rent for a year upfront
 
morfeeis said:
From what i remember when i use to talk with our money guy (small company so i feel odd calling him CFO), it was less painful doing it quarterly, especially dealing with CA.
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yea, i hired someone else to do it this time. i did send in a quartley estimated tax payment for the last quarter of 2013 but so far i have to make up for the first three quarters i just ignored bc Im an idiot with numbers.
I'm missing the simple days of turbotax right about now
 
David said:
:rolleyes::rolleyes::rolleyes::rolleyes:
Not if your poor.:cool::p:D
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David said:
Maxed out every credit this year. Biggest tax check wife, and I ever got.
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Dude.... dude..

lol.. Learn the realllllly basics of taxes or something dude.

You think getting a big return is good when you maxed out your credit card this year?

You could have seen that return split over all of your paychecks.. and been paying your credit card of all year.. avoiding hundreds or potentially thousands of dollars in interest payments on your credit card.

You basically gave the federal government an interest free loan all year, and then took loans out on credit cards.. probably at very high interest rates.

This stuff is not complicated.. you don't have to over-pay your taxes all year.. that's all getting a big refund means.. you over-payed.. you could have saved that same money and earned interest on it, and in your case, avoided paying interest on CC's.
 
Kassen said:
You sound like you are just now learning this. :p
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lol, wut?

Been trying to tell people this on TXB and related sites for a good decade.. I know you are just joking, but seriously, people DO NOT understand that they aren't getting paid free money.. it's their money they are getting returned to them.

The way people discuss their return/refund kinda drives me nuts. It's part of the American way I guess.. can't save money on their own, have to hand it over to the government and then blow it at the end of the year.
 
BunzHoles said:
Dude.... dude..

lol.. Learn the realllllly basics of taxes or something dude.

You think getting a big return is good when you maxed out your credit card this year?

You could have seen that return split over all of your paychecks.. and been paying your credit card of all year.. avoiding hundreds or potentially thousands of dollars in interest payments on your credit card.

You basically gave the federal government an interest free loan all year, and then took loans out on credit cards.. probably at very high interest rates.

This stuff is not complicated.. you don't have to over-pay your taxes all year.. that's all getting a big refund means.. you over-payed.. you could have saved that same money and earned interest on it, and in your case, avoided paying interest on CC's.
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Dude I meant Tax credit!
I'm getting 9200 fed and 800 state.
The only debt I have is student loans, yeah maxed out the credit for paying on them also.
 
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