Thanks obamaI'll probably owe 5k
When I first started turbo tax up, it was looking like I'd owe 13k but after it saw I paid 30k in interest last year on my home, it cut me a break
What are we doing with our Tax Refunds?
- Thread starter Squirtle
- Start date
Lemme guess, you withdrew from your 401kEnded up owing 10 stacks between State and Feds.
Lemme guess, you withdrew from your 401k
Nah, one of my job doesn't take out taxes. I'm basically a contractor and I get a 1099. I wrote off everything I could, but I still owed 9 something.
Kilgore Trout
Banned
I owe money every year
the cac mamba
Veteran
CD's
you dont get to touch your money for a year and a half so that the bank can loan it out at 7 percent and give you 1 percent. fukk that
the cac mamba
Veteran
yea i put my checks at 1 instead of 0, so i get bigger checks/smaller return. everyone should do that imo. loaning the govt your money all year at 0 interest is fukkin stupid, but for some reason people feel like they 'win' when they get a big return. but the news flash is that it was always your moneyI'm single/no kids so I don't usually get more than a couple hundred back, so I just throw it in savings.
Probably won't get around to actually doing my taxes till April.
yea i put my checks at 1 instead of 0, so i get bigger checks/smaller return. everyone should do that imo. loaning the govt your money all year at 0 interest is fukkin stupid, but for some reason people feel like they 'win' when they get a big return. but the news flash is that it was always your money
I might need to do what you do, I'm single, no kids, no property and I always get 1800 back
the cac mamba
Veteran
well thats what it would do
spread out 1300 to bump your paychecks throughout the year, and make your return about 500 in februaryfor me, doing that is the easy choice. for some people, getting a large amount at once is cool. but like my dad said, theres nothing heroic about getting a tax return
its your fukkin moneywell thats what it would do
for me, doing that is the easy choice. for some people, getting a large amount at once is cool. but like my dad said, theres nothing heroic about getting a tax return
I agree 100 percent
Thats on YOU. If you know you've got that kind of job, stop treating your whole paycheck as take-home. Same goes for regular annual expenses like real estate taxes. Take them out of your paycheck every month instead of struggling every April.
Bunchy Carter
I'll Take The Money Over The Honey
I put 80% of my refund into the stock market. The other 15%, just saved it and the other 5%, I fukked off.
If you want to open up a savings account, you should open up a money market account, because they have an higher apr, than a regular savings account.
Buying CD's will not give you a good return on your investment, CD's are really made for old people, who do not want any risk when investing.
Check out Bankrate.com, they give you a break down on high interest savings accounts.
If you want to open up a savings account, you should open up a money market account, because they have an higher apr, than a regular savings account.
Buying CD's will not give you a good return on your investment, CD's are really made for old people, who do not want any risk when investing.
Check out Bankrate.com, they give you a break down on high interest savings accounts.
Investing in stocks.
Trip to Vegas.
Paid off warrants.
Trip to Vegas.
Paid off warrants.