Tax Return Shopping Poll

I'm only getting $840; I'll either save it or get TC UCA's

 

4600 back making sure that shit dont happen again a big F U to obama. Paying off a credit card and taking a trip to vegas. Not a big gambler so they wont get much. Wife has never been.

 

FYI the gov is spending 8 billion more this year to audi people.

 

same thing here I closed on dec 22 2008. One week later they are giving away 8k with no repayment plan. BBBBBBBBBBBSSSSSSSSSSSSSSS> Im not going to pay them fcuk em.

 

We closed late Nov of 08. :S p'ed me off as well.

 

I completely understand your point and bitterness towards it. I'm not saying that I deserve it because I bought between those dates but that just the luck of the draw. Thats like buying something on sale and then someone else has to pay more the next week because its not on sale anymore. I'm not sure how the whole mortgage interest tax break thing works because this is my first home and I'm only 20 so I don't have many years of knowledge compared to everyone else here but may its because in the gov's eye owning a home is an accomplishment, so it is like a reward to them. But who knows. I also get a tax break because I'm in school and get to write off tuition so thats another thing also.

 

they give a "tax break" on the interest because the banks are makin so much money, (from teh gov't in loans etc) that its all just in fairness. the taxcode is ridiculous in the us, thats why there has to be a whole agency to figure out what they wrote. the 8k was to just try to get people to buy homes, becaus eno one was buying, There are tons of discounts and tax breaks for everyday shit, but you have to spend a a few hundred $$$ to have a trainerd professional figure it out for you. god bless the US

 

about $2K. just paying off the credit card and putting towards a lift and new tires.

 

I agree with some of the other posts. Why loan your money to the feds with no interest. Can someone explain that?

 

It's not directed at you per se, just the whole system is fucked.

as for intrest, instead of taking the standard deduction, you list things out (intrest, state sales or income tax, real estate taxes, mortage insurance, medical, charity and a few other things) and then that becomes your deduction.

 

I've always used it as a yearly bonus. I normally get around $1000 back, but with some write offs and the new truck purchase I got more back. If I got that extra $40 per pay period it would not go into any savings vehicle.......it would go towards other worthless things. I already have my 401k, HSA Account, Roth IRA that I pump full every year. Even if I don't get my 1.15 APY its nice to get a larger chunk to use.

 

I gotta pay $1200... So I am getting NOTHING.

 

Let's see...

tax return - check,
manager bonus - check,
raise - check,
promotion - (pending),
patent bonus - check,
W4 adjusted to compensate for the wife not working - check

...all within one month. SHAZAM!!! I'm saving a butt load for a rainy day, getting a rear suspension, bought a new leather couch, love seat, chair and end tables, I'm starting to make a nice car payment for the wife's next vehicle a couple years from now and I'm dumping more money into the kids college fund. I love the Feb/Mar timeframe.

 

i couldnt claim the first time homebuyer credit because i purchased the house from a relative that sucks 125000 loan and don't qualify my a$%

 

Yeah, because Obama is the head of the IRS...


I'm putting what just under 1100 state and federal towards an extended warranty. However I'm going to ride it out a little longer and earn some interest off it first.

 

I couldn't agree more. Fair Tax FTW.

 

Actually, he IS. The IRS falls under the auspices of the Treasury Department. Furthermore, Obama nominated tax cheat Tim Geithner as head of the Treasury Dept. and the democrat controlled Congress, also filled with tax cheats such as Charlie Rangel, confirmed him.

Hopefully your complete fail of a first post is not a foreshadowing of your future here.

 

This is what I do, sort of.
Being un-married (head of household) with no known children and one job, I can only claim up to 3 on my payroll. I generally still get $300 back from Fed and pay less than $100 ($45 this year) to the State.
So if your pre-planning to pay off the cost of being a US Citizen at the end of the year, keeping your money and investing, it's almost impossible without being married with children.

 

Im getting just under 2K back and Im going to use it to pay off the rest of the truck. Then next year all of it will go towards mods!!!

 

I'll be owing good ole Uncle Sam this year , no new Toys4Taco