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What are you doing with your tax refund?
03-16-2013, 06:28 PM
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#1
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Recycles dryer sheets
Join Date: Oct 2012
Location: Minneapolis 'burbs
Posts: 382
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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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03-16-2013, 06:39 PM
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#2
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Thinks s/he gets paid by the post
Join Date: Feb 2012
Posts: 1,500
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We are going to buy our first I-Bonds, about $200 worth.
__________________
Chief Retirement Strategist
The AR Group
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03-16-2013, 06:41 PM
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#3
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Recycles dryer sheets
Join Date: Jan 2013
Posts: 296
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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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03-16-2013, 06:48 PM
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#4
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Thinks s/he gets paid by the post
Join Date: Jul 2012
Location: Mississippi
Posts: 1,894
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Can't remember the last time I got refund.
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03-16-2013, 06:55 PM
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#5
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Recycles dryer sheets
Join Date: Jan 2013
Location: Lafayette
Posts: 268
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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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03-16-2013, 06:56 PM
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#6
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Thinks s/he gets paid by the post
Join Date: Jul 2009
Location: North Scottsdale
Posts: 1,545
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What refund? Paying Feds and the State.
__________________
FIRE'D in July 2009 at 51...Never look back!
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03-16-2013, 07:19 PM
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#7
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Recycles dryer sheets
Join Date: Oct 2010
Posts: 113
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I Bonds, and I'll be on the Cape in June too.
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03-16-2013, 07:41 PM
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#8
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Gone but not forgotten
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 11,447
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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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03-16-2013, 07:50 PM
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#9
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gone traveling
Join Date: Jul 2007
Posts: 333
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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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03-16-2013, 08:06 PM
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#10
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Full time employment: Posting here.
Join Date: Jun 2006
Posts: 927
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What is a refund?
__________________
CW4, USA-(ret)
RN, BSN-(ret)
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03-16-2013, 08:27 PM
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#11
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Thinks s/he gets paid by the post
Join Date: Aug 2012
Posts: 1,862
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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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03-16-2013, 08:51 PM
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#12
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2005
Posts: 17,244
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 Quote:
Originally Posted by jclarksnakes
What is a refund?
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+1 I owe a few thousand!!!
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03-16-2013, 09:11 PM
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#13
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Apr 2012
Posts: 6,181
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Quote:
Originally Posted by jclarksnakes
What is a refund?
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+1
Haven't seen one of those since we starting dropping kids off of the dependent allowances.
__________________
FIREd date: June 26, 2018 - "This Happy Feeling, Going Round and Round!" (GQ)
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03-16-2013, 09:13 PM
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#14
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
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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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03-16-2013, 09:17 PM
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#15
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Moderator Emeritus
Join Date: May 2007
Posts: 12,901
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No refund for me this year.
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03-16-2013, 09:21 PM
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#16
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Nov 2009
Posts: 6,698
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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.
__________________
Retired in late 2008 at age 45. Cashed in company stock, bought a lot of shares in a big bond fund and am living nicely off its dividends. IRA, SS, and a pension await me at age 60 and later. No kids, no debts.
"I want my money working for me instead of me working for my money!"
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03-16-2013, 09:34 PM
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#17
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,145
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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.
__________________
Retired since summer 1999.
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03-16-2013, 10:10 PM
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#18
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Full time employment: Posting here.
Join Date: Jun 2006
Posts: 927
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Quote:
Originally Posted by SumDay
We have to cough up $10,000 this year, so the question is, what are you guys doing with my $$$? |
Living well!! Thank You!
__________________
CW4, USA-(ret)
RN, BSN-(ret)
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03-16-2013, 10:18 PM
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#19
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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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. 
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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03-16-2013, 11:10 PM
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#20
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Thinks s/he gets paid by the post
Join Date: Jul 2011
Location: Bernalillo, NM
Posts: 2,717
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Closing costs on refinancing
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