My favorite time of year...tax returns!

glasjaw · Post by **glasjaw** » Tue Feb 10, 2009 3:21 pm

and a few more days ill have the SSA Icon 15" to go with it

Just had to share.

jetas · Post by **jetas** » Tue Feb 10, 2009 5:07 pm

DAMN U!!!!!!!!!!!!

Post by **racer12306** » Tue Feb 10, 2009 5:21 pm

Things to do with tax return:

Pay off credit card
Pay for wedding bands
Buy a new bed
put a chunk into her diamond
pay insurance.

Mr Josh Zombie · Post by **Mr Josh Zombie** » Tue Feb 10, 2009 5:29 pm

Paid off 3.5k of debt
Put 1k in savings
Powder coating new rims and stage 1.

I win >.>

slaw · Post by **slaw** » Tue Feb 10, 2009 7:00 pm

wow i wish i had that much comming back, im only getting 1k back

nineball · Post by **nineball** » Tue Feb 10, 2009 7:25 pm

i wish i was getting anything back. working for yourself sucks in april.

Post by **racer12306** » Tue Feb 10, 2009 7:28 pm

Was this always in the Audio section?

excon · Post by **excon** » Tue Feb 10, 2009 7:44 pm

I always have to pay money to the government every year. Only gotten a return once for $8. I guess I make too much...
...Government programs for excons and such...

mpsoldier · Post by **mpsoldier** » Tue Feb 10, 2009 9:05 pm

Got mine today

Half is gone already paying bills

glasjaw · Post by **glasjaw** » Tue Feb 10, 2009 9:11 pm

I always have to pay money to the government every year

Yea it was fun the one year i wasnt aware i wasnt on the real payroll, so i had a sudden 2g's to pay...which i didnt have whatsoever.

Not to mention the week i bought my car i got laid off and i got my tax forms the week after that. Talk about a double whammy.

contagious18 · Post by **contagious18** » Tue Feb 10, 2009 9:47 pm

with my money ima pay bills save for tires and dats it

Mat00ES · Post by **Mat00ES** » Tue Feb 10, 2009 10:03 pm

Im paying my credit card bills and hopefully won't be buying a new tranny.

Post by **racer12306** » Wed Feb 11, 2009 7:29 am

Moving to OT since it turned into an all around tax refund thread.

Post by **Diablo0** » Wed Feb 11, 2009 8:50 am

Bah... this years return doesn't look so good. Not even half of what I got back last year.

Mr Josh Zombie · Post by **Mr Josh Zombie** » Wed Feb 11, 2009 8:56 am

i pay as much as humanly possible into taxes, so i CAN get something back this time of year.

oh, and i'm including my bonus with these taxes. hence why it's so much

Post by **racer12306** » Wed Feb 11, 2009 9:03 am

I forgot to switch my with holdings after I quit my second job in February so it was taking out an extra $100 a month or more.

Add in the $7500 new home tax credit, it should be sizable.

Mr Josh Zombie · Post by **Mr Josh Zombie** » Wed Feb 11, 2009 9:08 am

Isn't that tax credit a temporary loan? Or is it actual money in your pocket?

hansken_yo · Post by **hansken_yo** » Wed Feb 11, 2009 9:15 am

Got mine on Friday.... Paid off my credit, bought some specialty tools for work, went out for sushi

Post by **racer12306** » Wed Feb 11, 2009 9:15 am

Yeah, its a loan.

However, it is interest free and the payback is $500 per year for 15 years, or until you sell the house. When you sell the house the capitol gains are used to pay off the loan, unless you don't make enough in capitol gains to pay it off then the debt is relieved.

quicksilvr · Post by **quicksilvr** » Wed Feb 11, 2009 10:01 am

Owning a home (aka, paying stupid amounts of interest), and having a wife finishing a masters degree should help this year. Next year, I'll get to add a dependant...and that will be awesome.

Post by **racer12306** » Wed Feb 11, 2009 10:14 am

Congrats to your wife.

My fiance finished that last year.

Paul56 · Post by **Paul56** » Wed Feb 11, 2009 12:25 pm

Anyone who pays too much in payroll tax is essentially providing the government with an interest free loan until tax return time.

Then you get all excited when you get your tax refund... when it was your money to begin with and has not been working for you.

It would be better to start an automatic savings program into a high interest savings account where you have access to the money anytime you need it (and not just at tax refund time) and earn interest.

Now, normally I charge for advice like this but am providing for free here as a courtesy to 2GN members.

Yes, I'm full of it...

theTeejmiester · Post by **theTeejmiester** » Wed Feb 11, 2009 2:14 pm

i got 4,627 back,its almost all gone...3k just in bills and getting shit payed off,i did buy leather seats from lexneon,and all the paint i am will need to respray my front bumper, lipkit,passenger side fender and repair a big chip on my passnger door,so its not a total loss i guess

Sykora · Post by **Sykora** » Wed Feb 11, 2009 2:15 pm

racer12306 wrote:Things to do with tax return:

Pay off credit card
Pay for wedding bands
Buy a new bed
put a chunk into her diamond
pay insurance.

awesome list

glasswars · Post by **glasswars** » Wed Feb 11, 2009 2:43 pm

mine will probably go to wheels

Post by **racer12306** » Wed Feb 11, 2009 2:46 pm

Paul56 wrote:Anyone who pays too much in payroll tax is essentially providing the government with an interest free loan until tax return time.

Then you get all excited when you get your tax refund... when it was your money to begin with and has not been working for you.

It would be better to start an automatic savings program into a high interest savings account where you have access to the money anytime you need it (and not just at tax refund time) and earn interest.

Now, normally I charge for advice like this but am providing for free here as a courtesy to 2GN members.

Yes, I'm full of it...

Don't worry, I plan on getting professional advice to minimize with holdings. Then my paychecks will increase and hopefully we can get to where I want to be savings wise before we pop a baby out.

Sykora wrote:awesome list

Hopefully by doing all that, it will put us in a good position to get rid of the Jeep and buy a brand spankin new Caliber.

LowNSlow · Post by **LowNSlow** » Wed Feb 11, 2009 3:43 pm

Bought the YJ Lift kit for my Zuki...and new shock set up.

MoxHair · Post by **MoxHair** » Wed Feb 11, 2009 4:57 pm

my tax return is sitting in my bank account.. collecting interest..

Chris04sxt · Post by **Chris04sxt** » Wed Feb 11, 2009 6:02 pm

I should have mine tomorrow. I'm gettin the Eibach Pro Kit and some Tokico Blues. Then i'm lookin at a Nikon D40x and the rest will pay property taxes and go into savings.

Paul56 · Post by **Paul56** » Wed Feb 11, 2009 6:22 pm

Chris04sxt wrote:I should have mine tomorrow. I'm gettin the Eibach Pro Kit and some Tokico Blues. Then i'm lookin at a Nikon D40x and the rest will pay property taxes and go into savings.

Noted that savings came last.

...and will happen if there is anything left.