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yamaha
yamaha SuperDork
2/11/13 9:22 p.m.
chockrl wrote: My first thought... a tax refund is not free money, it's most likely your money that was deducted from your paycheck throughout the year. If you get a refund you should change your withholdings so you can have more money each paycheck.

I am hoping I get some of everyone else's money since I'm in the po-boy tax bracket....

Gearheadotaku
Gearheadotaku GRM+ Memberand UltraDork
2/12/13 7:59 a.m.

setting it aside for next years taxes

Ranger50
Ranger50 UberDork
2/12/13 8:21 a.m.
yamaha wrote:
chockrl wrote: My first thought... a tax refund is not free money, it's most likely your money that was deducted from your paycheck throughout the year. If you get a refund you should change your withholdings so you can have more money each paycheck.
I am hoping I get some of everyone else's money since I'm in the po-boy tax bracket....

I filed ours last night.... Out of what comes back and goes right back out, there might be enough to get a cup of coffee for each of us....

4cylndrfury
4cylndrfury UltimaDork
2/12/13 8:32 a.m.

ours is going towards the new house...the one that will have a 3 car garage with a heated and cooled loft above it

yamaha
yamaha SuperDork
2/12/13 9:43 a.m.

In reply to Ranger50:

I'm lucky I'm out of debt.....

z31maniac
z31maniac PowerDork
2/12/13 9:49 a.m.

I found it funny that my tax return for $2012 was, wait for it, $2012.

Does that mean I'm supposed to find a way to get to the Challenge?

sobe_death
sobe_death HalfDork
2/12/13 12:04 p.m.
chockrl wrote: My first thought... a tax refund is not free money, it's most likely your money that was deducted from your paycheck throughout the year. If you get a refund you should change your withholdings so you can have more money each paycheck.

Generally I get about a hundred bucks back, but this year it comes from a lucky little discrepancy between German and American tax codes. I paid enough tax in Germany this year so that the month or so I worked in the US isn't taxed, and I didn't work long enough in Germany this year for the entire amount I earned to be taxed (at a 43% tax rate, at that!). I hope to be getting back a little over $10 grand when it's all said and done.

Though, $10,000 could pay for one HELL of a set of suspension and turbo for the S...

Ranger50
Ranger50 UberDork
2/12/13 12:15 p.m.
yamaha wrote: In reply to Ranger50: I'm lucky I'm out of debt.....

Must be nice.

AngryCorvair
AngryCorvair GRM+ Memberand PowerDork
2/13/13 5:12 a.m.
yamaha wrote: In reply to Ranger50: I'm lucky I'm out of debt.....

why lucky? did you pay off debt with gambling winnings? fortunate, perhaps, hard-working and disciplined, perhaps, but probably not lucky.

nicksta43
nicksta43 Dork
2/13/13 5:28 a.m.
mad_machine wrote:
mtn wrote:
mad_machine wrote:
Giant Purple Snorklewacker wrote: I think the Fiat 124 is the only sports car on that list but I would like to find one in my driveway one day.
+1 However (and I know this is blasphomy here) I am getting away from cars. Soon my 124 will be for sale and so will my volvo (keeping the saab though) asi get prepared to to buy and move onto a boat full time.
Are you moving your free money to boats entirely, or are you moving onto a boat? Either way, cool! And if it is the latter, I expect you to document the experience here.
Moving onto a boat.. not the boat I posted, obviously, it is only 19 feet long. But it was designed by the guy who built the boat I want.. so sailing that for a year or two to get the hang of a full keeled sailboat should allow me to hop up to a larger 37 with some ease. My plans are 8 months of the year in NJ working.. and all winter in the keys, bahamas or somewhere in the caribbean

I'll go ahead and file this in my " somemorecoolE36 M3IcouldhavedoneifInevergotmarried" file.

kanaric
kanaric New Reader
4/3/13 2:38 a.m.

If you can get a Nismo 350z like pictured in page 1 for your tax money by all means do so, lol. I doubt you can get one for that price.

trucke
trucke Reader
4/3/13 7:35 a.m.

Tax refund?

Oh wait, North Carolina owes me $37. What can I get for $37?

Giant Purple Snorklewacker
Giant Purple Snorklewacker MegaDork
4/3/13 7:42 a.m.
trucke wrote: Tax refund? Oh wait, North Carolina owes me $37. What can I get for $37?

There are thousands of nice cars on craigslist for $1. So... 37 of those.

trucke
trucke Reader
4/3/13 7:49 a.m.
Giant Purple Snorklewacker wrote:
trucke wrote: Tax refund? Oh wait, North Carolina owes me $37. What can I get for $37?
There are thousands of nice cars on craigslist for $1. So... 37 of those.

That wold fill up the driveways.

dculberson
dculberson SuperDork
4/3/13 7:51 a.m.

Tax ... refund? I've heard of those. Never seen one, though. :-(

@sobe_death: between FICA and SS withholding (self-employment income) and federal taxes we are at 40% right here in America. Granted that's not on an entry level salary. But it was painful to do our estimated taxes for 2013, that's for sure.

iceracer
iceracer UberDork
4/3/13 9:12 a.m.
poopshovel wrote: If you're getting any more than a couple hundred bucks on your return, someone seriously needs to explain to you why making annual interest free loans to the government is not a wise investment.

I have wondered that myself. hey it's your money.

iceracer
iceracer UberDork
4/3/13 9:14 a.m.
chockrl wrote: My first thought... a tax refund is not free money, it's most likely your money that was deducted from your paycheck throughout the year. If you get a refund you should change your withholdings so you can have more money each paycheck.

so true.

mad_machine
mad_machine GRM+ Memberand MegaDork
4/3/13 11:28 a.m.
poopshovel wrote: If you're getting any more than a couple hundred bucks on your return, someone seriously needs to explain to you why making annual interest free loans to the government is not a wise investment.

I work for multiple companies on an "on call" basis.. so I could do $500 worth of work at one.. or $30,000 worth of work at another. I have them take out extra money with each paycheque so I do not wind up owing several thousand dollars because I made a lot of money in small incriments at several companies

kanaric
kanaric New Reader
5/3/13 1:13 a.m.

Might buy a MR2 with my tax refund.... that or pay bills hmm....

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