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Old 03-18-2013, 01:55 PM   #41
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I'm taking my $400 federal tax refund to pay a portion of my $1000 CA state tax due.

My goal is to break even each year - and I define breaking even as +- $1000. So my net -$600k is break even.

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Old 03-18-2013, 02:10 PM   #42
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If I get a refund, I'll probably apply it to next year's taxes. Not very exciting, I know.

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Old 03-18-2013, 02:17 PM   #43
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Location: Dallas
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I re-funded the account we withdrew to open the IRA's. IRA's allowed us an extra $2,200 check from the gubbmint.

We'll likely spend most of this on the trip back to Mexico. Going back for a couple years after hanging in LA for the past year...didn't miss w*rk all that much, come to find out.
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Old 03-18-2013, 05:40 PM   #44
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Location: midwestern city
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I won't get any refund this year. As always.
Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
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Old 03-21-2013, 02:35 PM   #45
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Join Date: Feb 2013
Posts: 99
Originally Posted by project2501 View Post
Claim exempt all year, take the extra and play the market to see if can make enough to cover what i'd owe at the end anyways. Some years it's worked out well, some real close.

With current markets, wrote the check without even blinking.
Do you play poker?

Seriously - way to call attention to yourself. I'm just sayin'
I generally avoid temptation unless I can't resist it.


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Old 03-21-2013, 03:23 PM   #46
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Location: Kearneysville
Posts: 53
Mostly funded our Roth IRAs for the year. I am one of those that claims minimal deductions to get a big refund. I know it is not the best way to do it, but seems I always need the cash more after the holidays, and with the tax return I know I will have it.
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Old 03-21-2013, 03:44 PM   #47
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Very little refund for me. I carefully run the numbers throughout the year to not write a check. DW has a per diem nursing job with no withholding so I have to overcompensate.
Taking Social Security at 62 and hoping I live long enough to regret the decision.
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Old 03-21-2013, 03:51 PM   #48
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Location: Cavalier
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I haven't seen a refund since I retired.

"Don't take life so serious, son. It ain't nohow permanent." Pogo Possum (Walt Kelly)
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