What are you doing with your Tax Return?

[azguy13]

If you are getting a tax return, what do you plan on doing with it? Personally, I am going to be paying off debt. If you owe taxes, you can donate to my soon-to-be non-profit for a nice tax deduction. 

My non-profit is called the "I will take your donations because I want more stuff Foundation."

[elim]

Handing it over to the IRS.  

[Anonymous]

Paying off CC UTI so I can buy a home in 2016

[azguy13]

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@Anonymous wrote:

Paying off CC UTI so I can buy a home in 2016

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I'm doing the same thing. Not so much for a home, but so I'm not a slave to the bank, lol. 

[Anonymous]

Using mine to help pay off some CC debt incurred from buying a home. Then maybe some new furniture, hopefully with enough left to put a little in savings.

[Anonymous]

Take my $5.00 and buy a pack of smokes.

Seriously though, in 2004, I got a $5.xx return.  FIVE. DOLLARS. No joke.

[azguy13]

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@Anonymous wrote:

Take my $5.00 and buy a pack of smokes.

Seriously though, in 2004, I got a $5.xx return.  FIVE. DOLLARS. No joke.

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I think I would have rather gotten nothing, lol. 

[Anonymous]

Amen.

I'm waiting for my 1099 INT from NFCU, then I can see if I can break the hundredaire status I usually get since the 2004 Incident. Plop it down into my 401k and IRA and boom shaka laka, back to surfing credit card intel.

[Thomas_Thumb]

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@azguy13 wrote:

If you are getting a tax return, what do you plan on doing with it? Personally, I am going to be paying off debt. If you owe taxes, you can donate to my soon-to-be non-profit for a nice tax deduction. 

My non-profit is called the "I will take your donations because I want more stuff Foundation."

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Unfortunately, we will be writing a couple checks to cover under payment. I am planning to divert a small amount of leftover funds to Powerball.

[youdontkillmoney]

I always get about $13,000 in tax refunds each year because I label myself as single and wife as well so the most deduction is made to the gov; and I put in an extra $300 each pay period or $600 a month for Federal taxes and an extra $200 each pay period for State taxes or $400 a month, so I pay an extra $1,000 a month in taxes. I do this because I like getting a tax refund each year and it "forces" me to save and not spend what I don't have.

I will be using it as part of a downpayment for a mortgage this year.