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What are you doing with your tax refund?
Old 03-16-2013, 07:28 PM   #1
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What are you doing with your tax refund?

I know with this crowd it's a stupid question, but between our electric car tax credit, and an unexpectedly large bonus for me, we're able to deposit an extra $20K into Vanguard over the next month!

So, for those of you with tax refunds, are you putting it all into savings, save some/spend some, or splurging on that vacation in Tahiti?
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Old 03-16-2013, 07:39 PM   #2
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We are going to buy our first I-Bonds, about $200 worth.
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Old 03-16-2013, 07:41 PM   #3
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I sold a house last year in MD. Maryland has a crazy Non-Resident Transfer Withholding Tax. Getting a 30K refund which will go into the ER fund. Bought house for mother in law,but she died before moving in. Took a 30K loss on the deal. But it was for a good cause as it made her very happy at the end of her life. A reverse inheritance, you could say.
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Old 03-16-2013, 07:48 PM   #4
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Can't remember the last time I got refund.
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Old 03-16-2013, 07:55 PM   #5
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half of mine is going for the lovely new crown on one of my teeth.

I need to find that thread where you all discussed how bad dental (self) insurance is. Even the receptionist at the dentist office advises against it.

The other half is going toward a trip to Cape Cod in June.
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Old 03-16-2013, 07:56 PM   #6
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What refund? Paying Feds and the State.
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Old 03-16-2013, 08:19 PM   #7
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I Bonds, and I'll be on the Cape in June too.
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Old 03-16-2013, 08:41 PM   #8
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Half went to new landscaping and the other half will pay for our vacation rental. We are having a mini family reunion in Pa. in June .
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Old 03-16-2013, 08:50 PM   #9
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I really try not to overpay the government any taxes during the year so that typically means no refunds for me. Of course sometimes unusual events do happen.
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Old 03-16-2013, 09:06 PM   #10
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What is a refund?
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Old 03-16-2013, 09:27 PM   #11
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We have to cough up $10,000 this year, so the question is, what are you guys doing with my $$$?
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Old 03-16-2013, 09:51 PM   #12
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What is a refund?

+1 I owe a few thousand!!!
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Old 03-16-2013, 10:11 PM   #13
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What is a refund?
+1

Haven't seen one of those since we starting dropping kids off of the dependent allowances.
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Old 03-16-2013, 10:13 PM   #14
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I rarely get a refund, but a trivial one is possible this year. If so, I will put it into general revenue.
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Old 03-16-2013, 10:17 PM   #15
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No refund for me this year.
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Old 03-16-2013, 10:21 PM   #16
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Since I ERed it is impossible for me to get a refund because I pay estimated taxes and always underpay by a few hundred dollars (less for state). Back in my working days, I got a refund only if I made a mistake or my investment income came up very short.
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Old 03-16-2013, 10:34 PM   #17
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I only get a refund if I mess up paying my estimated taxes. I really, really try to avoid that!

Frankly, I'd rather pay a small penalty than get a refund.
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Old 03-16-2013, 11:10 PM   #18
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We have to cough up $10,000 this year, so the question is, what are you guys doing with my $$$?
Living well!! Thank You!
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Old 03-16-2013, 11:18 PM   #19
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I got $80 back from the IRS, but owed $19 to Louisiana, so that leaves a whopping difference of $61. I'll try not to spend it all in one place.
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Old 03-17-2013, 12:10 AM   #20
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Closing costs on refinancing
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