It's tax season! How are you using your refund?

ZombieChaser

Savings for our trip to India in 2013!

smitty328

If I get one....pay off a few bills and straight to savings:)

jennajava

I usually don't, but I birthed a kid last year. Paying off debt.

omgzitsmiranda

What's a refund? Do you realize it was your money to begin with?

Not always. 50% of the people that get a refund don't even pay any taxes.

I've never quite understood this at alllllll. But it does happen.
My husband's aunt gets back $3000 a year, has no kids, has no job, is not married.
WTH?

MaximalLife

What's a refund? Do you realize it was your money to begin with?

That.

We have the minimum withheld allowed without a penalty. We always owe extra come April 15th. I have no interest in loaning money to Uncle Sam, interest free.

^^^^^^^
THIS!

JDMPWR

Ticket to Peru!

liftingbro

For those who don't want to give the GOV money or ratjer pay over the course of the year instead of getting a big bill in april:

http://www.irs.gov/individuals/page/0,,id=14806,00.html

The IRS calulator will help you determine the right amount of exemptions and deductions.

Basically it will tell you how many exemptions to claim and if you pay in most years you can just have the extra taken out over the course of the year instead of paying a lump some.

MyFeistyEvolution

I was just informed that my tax return may have to go into some fees for my husbands new car.

I'm actually quite pissed....I had plans for that money. Grrrr.

MaximalLife

Not getting a refund. I decided I don't want to give the Federal government an interest-free loan for 11 months every year, so I adjusted my withholding. I owe something like $7. Meanwhile, what *would* have been my tax refund has been sitting in my bank all year, earning interest for *ME* and not the government.

^^^^^^^
Another person who sees this scam for what it really is.
A hidden tax on the poor.

nallbaby10

Bills Bills Bills and maybe a memorial tattoo for my niece who past away

galegetsthin

What's a refund? Do you realize it was your money to begin with?

which is why it is called a "refund". Refund means to give back, especially money. To return or repay. Which WOULD imply that it is my money that the government is giving me back.

ZombieChaser

Not getting a refund. I decided I don't want to give the Federal government an interest-free loan for 11 months every year, so I adjusted my withholding. I owe something like $7. Meanwhile, what *would* have been my tax refund has been sitting in my bank all year, earning interest for *ME* and not the government.

^^^^^^^
Another person who sees this scam for what it really is.
A hidden tax on the poor.

Woah...I need to get in on this...wonder if it works the same way in Canada...

blazergrad

Typically always got back somewhere between $2-$3,000, but I adjusted my W4 last year in an attempt to keep Uncle Sam from taking more than his share, so we'll see how close I came to it this year.

ZombieChaser

Bills Bills Bills and maybe a memorial tattoo for my niece who past away

Condolences

NicolioRussell

To pay off the $$$ we are spending right now to finish our basement....and if there's any left over (I seriously doubt there will be), it will go towards our Hawaii trip in June.

brittanyjeanxo

Since I'm only getting 132 bucks, saving it for maybe a night out or perhaps some new workout clothes. Well, 132 so far. I still have to fill out all my tuition info and I may get a bit of a refund from that.

ANewLucia

Going on a trip to JA and staying at the Grand Palladium for my BFF's 40th birthday bash and DENTAL WORK...LOTS OF IT~!

amybrauch

Paying it on a credit card :ohwell:

Johnnyswife

We are paying off a credit card and than taking a vaction to Universal studios. lol

liftingbro

What's a refund? Do you realize it was your money to begin with?

Not always. 50% of the people that get a refund don't even pay any taxes.

I've never quite understood this at alllllll. But it does happen.
My husband's aunt gets back $3000 a year, has no kids, has no job, is not married.
WTH?

Out and out redistributing the wealth. Half of us pay for the other half to get tax refunds. Most families making more than $80K will either break even or pay in unless they have multiple children. Pretty sad really. If I were single and had not kids I'd probably be getting $600-$700 back very year.

angiesteele

refund?! what is that?

galegetsthin

I personally always owe a little bit at tax time (only about 100 though), I only let the tax I will actually owe come out. But my ex husband claims the little one every year since he makes less than I do and will have a larger refund. We split the money every year. I am putting my half into my savings account for my new wardrobe when I am hot and skinny!

kapeluza

Savings.

jennajava

What's a refund? Do you realize it was your money to begin with?

Not always. 50% of the people that get a refund don't even pay any taxes.

I've never quite understood this at alllllll. But it does happen.
My husband's aunt gets back $3000 a year, has no kids, has no job, is not married.
WTH?

Out and out redistributing the wealth. Half of us pay for the other half to get tax refunds. Most families making more than $80K will either break even or pay in unless they have multiple children. Pretty sad really. If I were single and had not kids I'd probably be getting $600-$700 back very year.

That's not what CNN wants us to believe.

sheila569

After paying off a bill or two, and putting a few dollars in savings... we're adopting a shelter dog

stormieweather

I don't get refunds. I have my taxes finely tuned so that I neither owe nor get more than $50.

Also, I work two jobs, have three children and make pretty decent money. I just don't want Uncle Sam to have that money all year long, I want it in MY pocket. I pay plenty of taxes, I just don't overpay them.

rjmwx81

Not getting a refund. I decided I don't want to give the Federal government an interest-free loan for 11 months every year, so I adjusted my withholding. I owe something like $7. Meanwhile, what *would* have been my tax refund has been sitting in my bank all year, earning interest for *ME* and not the government.

^^^^^^^
Another person who sees this scam for what it really is.
A hidden tax on the poor.

Woah...I need to get in on this...wonder if it works the same way in Canada...

Don't get me wrong, I still pay taxes. I'm not getting a free ride. It's just that my paycheck is set up to take only what I'll end up owing, and no more. Well, give or take a couple bucks, since, like I said, I owe the Feds about $7.

beckylawrence70

us too......

trhjrh06

Going to pay to get our house refinanced. Since the rates are half of what were paying now!

tinalatina

Im going to Tokyo JAPAN!!! Konichiwa!!! Me, My husband and daughter are going to visit my sister and her family and we are meeting in tokyo. Soooo Excited!