$4500 Tax Return!
Joined: Jun 2006
Posts: 29,085
Total Cats: 375
From: Republic of Dallas
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?
I know I should put that on student loans...but I need some fun in my life...right?
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?
I know I should put that on student loans...but I need some fun in my life...right?
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 ***.
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.
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.
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.
Joined: Jun 2006
Posts: 29,085
Total Cats: 375
From: Republic of Dallas
It sucks to live with student loan debt, and want a fast car.








