Tax Refund - How much you getting back?

[SM0KE]

It's the middle of tax season now. We'll get about 5K back this year. The wife wants a 3-piece entertainment center, so we'll probably shell out some money for that. The rest will go into savings/investments. :beer: How much are ya'll getting back from good ol' Uncle Sam, and what do you plan on doing w/ the money?

 

[virginiafiveo]

uncle obama says your taxes you get back will then be taxed at 50% and given to all the worthless people.

jk, I'm getting back about 9. going towards some finishing stuff for my shop.

 

[Hmbre97]

$5k this year. We were thinking about putting in some granite coutertops but may hold off til later in the year and maybe get some new cabinets at the same time.

 

[Dusten]

Im paying an additional $400, which suits me fine. I know that throughout the year i wasn't giving the government a free ****ing loan all year.

 

[astrodudepsu]

400 back total

 

[03 TOPLESSSVT]

8-10k that will just go towards my line of credit.

 

[Defknotzero]

Damn, i wish i had some of the people's numbers in here.

I have no idea yet. I got my W2 from one of them. Just waiting on a 1099 for the other.

 

[ksstang]

I'll be getting back right at 1k

 

[Matts00GT]

Already got it back. $1300.

 

[astrodudepsu]

I paid exactly 20% in. I claimed Single - 0 so that I wouldn't owe. My only real dedcution other than the freebies were my student loan interest.

 

[DriftwoodSVT]

Small refund this year, but better than owing like I did last year.

 

[manOwar]

$30k.... I Love working overseas!!! Though I'm not sure how long that break will be given by the "Welfare States of Obama".

 

[moddestmike]

-$1256......I need to start having some illegitimate kids. Uncle Sam has dug deep into my pockets this year.

 

[streetassasin]

$2500, paying off the z28 and going to buy a truck to dd

 

[Dusten]

Damn, i wish i had some of the people's numbers in here.

I have no idea yet. I got my W2 from one of them. Just waiting on a 1099 for the other.

you want that much at the end of the year? Its simple, take $400 a month and stick it in savings. Then, at the end of the year withdrawl it. You can then pretend its a tax return. This is the same concept, only you will have earned interest on it.

 

[capnkirk52]

gotta pay about 200k.

 

[Defknotzero]

you want that much at the end of the year? Its simple, take $400 a month and stick it in savings. Then, at the end of the year withdrawl it. You can then pretend its a tax return. This is the same concept, only you will have earned interest on it.

Well, that is kind of what I do right now. I take the money I need for bills up front and then throw the remainder in savings.

 

[VirtualSVT]

-$1256......I need to start having some illegitimate kids. Uncle Sam has dug deep into my pockets this year.

hahahaha.

I just mailed a check for $1242 last week.

Though I have a customer that made around 10K last year. Has 3 kids and its getting just over 7K back.

 

[SVT_4_me]

hahahaha.

I just mailed a check for $1242 last week.

Though I have a customer that made around 10K last year. Has 3 kids and its getting just over 7K back.

how can he get 7k back if he only made 10k? if he only made 10k then he probably only paid in around 2k toward taxes, so how could he get 7k back?

 

[HYBRED]

Before deductions it was around $200, so I feel I planned it pretty well. After student loan interest, mortgage interest, and property tax, it went up to 900 and change.