Plans for your tax returns?

cabaray

For those of us not getting bent over and screwed by Uncle Sam, what do you plan on doing with your tax refund?

We are going to buy some new furniture and get as many home improvements done as possible.

scs143

A new kitchen and I cannot wait!

Salamanda425

Swimming pool!!!! Looking forward to a fantastic summer!

BrettPGH

Pay off the last of my debt. I can't wait.

amerr

Max out our IRA contributions.

_Timmeh_

No clue what a tax return is :laugh:

CaptainGordo

For those of us not getting bent over and screwed by Uncle Sam, what do you plan on doing with your tax refund?

I would consider having given Uncle Sam an interest-free loan all year "getting bent over and screwed" too.

Saruman_w

Put it toward savings or something

ajlarz

Going to Mexico!

LuckyLeprechaun

For those of us not getting bent over and screwed by Uncle Sam, what do you plan on doing with your tax refund?

I would consider having given Uncle Sam an interest-free loan all year "getting bent over and screwed" too.

you don't have to do it that way. Change your deductions...

AnarchoGen

going straight to the savings, for emergencies only!!

Ocarina

Going into savings. Rebuilding my savings account basically.

CaptainGordo

For those of us not getting bent over and screwed by Uncle Sam, what do you plan on doing with your tax refund?

I would consider having given Uncle Sam an interest-free loan all year "getting bent over and screwed" too.

you don't have to do it that way. Change your deductions...

Understood. It always cracks me up to see celebration about a big refund. one could adjust his deductions, and stow the money away in an interest-bearing account and come out with even more dough.

Regardless, the fact that only 53% of us pay taxes, and those that make more pay a higher percentage, is what really grinds my gears.

cabaray

Yes, I know I could put the extra money in a savings account and earn interest (a very small amount); however, it is easy to dip into a savings account and I know there are times when I would. Having a tax refund is a handy way of having a good chunk of money for bigger items once a year for those of us with savings issues.

solpwr

A large amount refunded or due equals bad planning.

Hayesgang

Reinvesting into my husband's new business, paying the last of our debt and savings.

Damn that sounds way to grown up :blushing:

bestrodeo

Moving closer to town, buying another bowflex, paying off my truck and filling my closest with clothes that actually fit.. :-)

loved1

For those of us not getting bent over and screwed by Uncle Sam, what do you plan on doing with your tax refund?

I would consider having given Uncle Sam an interest-free loan all year "getting bent over and screwed" too.

you don't have to do it that way. Change your deductions...

Understood. It always cracks me up to see celebration about a big refund. one could adjust his deductions, and stow the money away in an interest-bearing account and come out with even more dough.

Regardless, the fact that only 53% of us pay taxes, and those that make more pay a higher percentage, is what really grinds my gears.

Would you please list the accounts/banks that paid any type of interest in 2011? Usually, the interest free loan thing makes sense, but in an environment where interest rates are close to zero it's not a big deal.

christinad95

I pay my rent for the year with ours. Makes living alot more comfortable.

SaddyPants

Buying baby stuff! I can't wait!

Juliebean_1027

I pay my rent for the year with ours. Makes living alot more comfortable.

This is really smart!