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$4500 Tax Return!

Old 01-25-2007, 10:12 PM
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Default $4500 Tax Return!

What to buy with all that loot hmmmmmmmmm
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Old 01-25-2007, 10:35 PM
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damn...as a college student w/ a part time job...I'm looking at...eh? 450...*sigh*
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Old 01-25-2007, 10:47 PM
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Originally Posted by adbradley
What to buy with all that loot hmmmmmmmmm
Lots of beer,drugs and hookers.
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Old 01-25-2007, 10:48 PM
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i owe $157.

:shrug:
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Old 01-25-2007, 11:06 PM
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Hrm. I'd probably buy an FD shell and prepare for an LS1 swap.
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Old 01-25-2007, 11:16 PM
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why not shove that thing in the miata?

Philip, you have such a hard on for 7s, too bad I know how you feel about the engine. :gay:
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Old 01-25-2007, 11:22 PM
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Originally Posted by braineack
why not shove that thing in the miata?

Philip, you have such a hard on for 7s, too bad I know how you feel about the engine. :gay:
they handle V8's well.
And it's cheaper than building a 302 miata.
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Old 01-25-2007, 11:27 PM
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I forgot about returns...If my return is fat enough, I might have to just buy the begi kit. I can stomach dumping off that much ching-dow if its in the form of a tax return, not if its from paychecks.

I know I should put that on student loans...but I need some fun in my life...right?
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Old 01-25-2007, 11:34 PM
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Originally Posted by hustler
I forgot about returns...If my return is fat enough, I might have to just buy the begi kit. I can stomach dumping off that much ching-dow if its in the form of a tax return, not if its from paychecks.

I know I should put that on student loans...but I need some fun in my life...right?
Tax return or paycheck, WTF is the difference? They're both YOUR money that YOU made.
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Old 01-25-2007, 11:37 PM
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That's what the level I'm on, just because they give it back doesn't mean it's free. If you look at it like that though and don't want to build up your own kit, pony it up then and get that car haulin some ***.

Originally Posted by chuckerants
Tax return or paycheck, WTF is the difference? They're both YOUR money that YOU made.
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Old 01-25-2007, 11:38 PM
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my tax return goes to pay property taxes on the house usually
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Old 01-25-2007, 11:38 PM
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that's why i'm fine with owing a tiny bit at the end of the year because i got my withholdings right. that just means that i've been getting my money through the year and not letting the gubment use it for free all this time.
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Old 01-25-2007, 11:50 PM
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I get hit hard even though I claim 3 deductions. 3 mortgages plus a loss on the rental > taxes
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Old 01-25-2007, 11:51 PM
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Big tax return means you paid too much throughout the year.

There were several years I didn't pay a dime in Federal or State income tax throughout the year, and paid them in lump sum in April. I had my accounting software automatically deposit a percentage of my income into a savings account. I would then put this money in safe short term investments (short term cds & money market savings). The benefit is I get to keep the interest made from saving my tax money myself.

It's all pretty complicated. Certain taxes can be paid yearly, but other taxes have to be paid quarterly. I found it to be too much of a pain in the *** to continue doing it.

My 06 taxes will be tolerable, between being unable to work for 8 months, HUGE medical bills, and $6k in closing costs for my new house, I'm not expecting to have to pay much, if anything.
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Old 01-25-2007, 11:53 PM
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Originally Posted by chuckerants
Tax return or paycheck, WTF is the difference? They're both YOUR money that YOU made.

not its not...its random bonus cash.
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Old 01-26-2007, 12:01 AM
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Originally Posted by hustler
not its not...its random bonus cash.
right because I dont get in in my check so its like i'm not being paid and learn to live with out it.

Although I think I will put whatever I can in an account that gives me more than my student loan %.
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Old 01-26-2007, 12:02 AM
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Originally Posted by Philip
they handle V8's well.
And it's cheaper than building a 302 miata.
very true, there are a couple up here...
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Old 01-26-2007, 12:02 AM
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I owed like 120 to the state last year...since I don't make above a certain amount I didn't pay it...I never got hassled.
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Old 01-26-2007, 12:05 AM
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Originally Posted by miatamania
very true, there are a couple up here...
guy up the road built an LS1 miata but he's a *****.
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Old 01-26-2007, 12:06 AM
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Originally Posted by Pitlab77
right because I dont get in in my check so its like i'm not being paid and learn to live with out it.

Although I think I will put whatever I can in an account that gives me more than my student loan %.
My ******* TERI loans are at 10.8%. I'm just dumping mass amounts of cash on the loans now since my credit card debt is gone.

It sucks to live with student loan debt, and want a fast car.
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