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  1. #1
    Join Date
    Apr. 15, 2008
    Posts
    3,264

    Default Tax refund?

    What are you doing with yours? I just bought a new pair of field boots w/mine. (In my own defense, my old pair was held together with electrical tape... )

    Rest goes to the rent increase.
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    Gravity works, and the laws of physics are a bitch.

    Member: Rabid Garden Snail Clique



  2. #2
    Join Date
    Feb. 14, 2003
    Location
    Windward Farm, Washougal, WA- our work in progress, our money pit, our home!
    Posts
    7,131

    Default

    It'll be divided up into savings, hay fund, and to pay down the loan on my trailer. I'm hoping to be debt free by this time next year (minus our mortgage, of course). No need to defend a field boot purchase here--I spent the last of my previous year's refund on custom fb's-- first new pair of boots in my life!
    Proud member of the "Don't rush to kill wildlife" clique!



  3. #3
    Join Date
    Aug. 12, 2010
    Location
    Westford, Massachusetts
    Posts
    4,111

    Default

    We never get one. With two working adults earning close to the same amount of money, we always owe. Withholding tables were designed for married couples where one earns the bulk of the income. I try to get it so we don't owe enough to incur an underpayment penalty, but otherwise just write that check in April.

    It's OK, I'm not giving the government an interest free loan .


    5 members found this post helpful.

  4. #4
    Join Date
    Feb. 4, 2009
    Posts
    2,475

    Default

    What refund? I owe the federal govt. $156.00. Worked that out damn near perfectly this year.



  5. #5
    Join Date
    Dec. 4, 2005
    Location
    washington state
    Posts
    9,808

    Default

    I am (hopefully) using some of it to pay for a home inspection

    Any extra straight into savings for eventual home decorating and repair.

    Anyone need braiding this year, I am totally taking new clients
    The Knotted Pony

    Proud and upstanding member of the Snort and Blow Clique.


    1 members found this post helpful.

  6. #6
    Join Date
    May. 9, 2001
    Posts
    2,508

    Default

    I always dedicate my tax refund to home improvement, with one personal splurge for myself.

    This year, the basement carpet is being removed and ceramic tile installed. My personal splurge was quite reasonable, Brogini boots on clearance, so I will likely update the downstairs bathroom or possibly redo upstairs flooring.

    I got a very nice bonus this year that will be paid in March. That is earmarked for a split among saving, investing, and possibly a new horse (not additional, just new )



  7. #7
    Join Date
    Oct. 9, 2012
    Location
    Washington State
    Posts
    506

    Default

    We had our outdated fuse panel replaced in our house.


    1 members found this post helpful.

  8. #8
    Join Date
    Jan. 5, 2009
    Location
    Central, FL
    Posts
    958

    Default

    Student loan payment.
    --Luck is what happens when preparedness meets opportunity--



  9. #9
    Join Date
    May. 5, 2008
    Location
    Scranton, PA
    Posts
    739

    Default

    Annual vet visits for all my critters, paying quite a bit towards hubby's student loan, and saving the rest.



  10. #10
    Join Date
    Mar. 26, 2011
    Location
    Pennsylvania
    Posts
    5,204

    Default

    Savings for adjunct dry spells, an eventing vest.

    Paula
    He is total garbage! Quick! Hide him on my trailer (Petstorejunkie).



  11. #11
    Join Date
    Oct. 27, 2009
    Posts
    937

    Default

    Paying for my knee surgery and some dental work (it's been a *great* winter so far) if there's anything left over it'll go into my 'saving-up-for-a-horse' account.
    Cascadia- OTTB mare. 04/04-05/10
    If love could have saved you, you would have lived forever



  12. #12
    Join Date
    Feb. 6, 2003
    Location
    NorthEast
    Posts
    24,668

    Default

    Charismarylis...sounds like you were definitely due for a new pair of boots!
    I just saw a really unique pair of boots online...someone mentioned Derby Boots on FB so I looked them up.
    Bad idea. I have a boot problem as it is.


    Mr Blue just did our taxes today. Not sure what we'll do with it, Mr Blue tends to go for one really frivolous item and the rest is used for savings or any bills.
    You jump in the saddle,
    Hold onto the bridle!
    Jump in the line!
    ...Belefonte



  13. #13
    Join Date
    Aug. 12, 2001
    Location
    Trailer Trash Ammy!
    Posts
    19,520

    Default

    Tax refund?

    I wish.
    "The standard you walk by is the standard you accept."--Lt. Gen. David Morrison, Austalian Army Chief



  14. #14
    Join Date
    Jul. 19, 2007
    Location
    Michigan
    Posts
    10,637

    Default

    Refund? Only ever happened when I bought the house when they were giving away money for that (and even then I still owed the state of Michigan.) I sold some stock last year that I'd had for 30+ years. I'll pay tons this year, I'm sure. I have a lot of things I could use it for (like a new dishwasher as I'm reaching the point I can't go la la la it's sort of cleaning much longer) but I'll owe instead.



  15. #15
    Join Date
    Aug. 2, 2004
    Location
    Whidbey Is, Wash.
    Posts
    9,971

    Default

    DH and I both make about the same, but I have max withheld. Ehhh interest free loan, whatevs...not owing rocks.

    Anyways PAID OFF MY TRUCK!!!! Woot woot!!! Now both trucks are paid off, motorcycle is paid off, little horse trailer is paid off, just have the mortgage and the big horse trailer. And if someone buys the house...not even that !
    COTH's official mini-donk enabler

    "I am all for reaching out, but in some situations it needs to be done with a rolled up news paper." Alagirl


    1 members found this post helpful.

  16. #16
    Join Date
    Feb. 22, 2009
    Location
    Wisconsin
    Posts
    2,713

    Default

    Since we are depreciating our trailer for our business we couldn't even send ours in till the end of this month. Booo.



  17. #17
    Join Date
    Feb. 19, 2009
    Posts
    5,001

    Default

    Quote Originally Posted by Canaqua View Post
    We never get one. With two working adults earning close to the same amount of money, we always owe. Withholding tables were designed for married couples where one earns the bulk of the income. I try to get it so we don't owe enough to incur an underpayment penalty, but otherwise just write that check in April.

    It's OK, I'm not giving the government an interest free loan .

    Precisely. We withhold enough that we always owe. I want my money at the time I earn it, not held by the government and issued as a "refund". We put aside a certain amount every month into savings that is earmarked for our tax bill so it at least earns interest.



  18. #18
    Join Date
    Nov. 4, 2003
    Location
    Sanger, TX, USA
    Posts
    4,977

    Default

    Interest, something earns interest???? Just kidding.....we end of paying no matter how hard we try to estimate not doing so. DH has the max taken out of his paycheck. Should have something withheld from my SS but with low sales,
    it's keeping the vet paid, the critters fed, and the cc companies happy. (and yes,
    have to pay taxes on 85% of SS income as I file jointly with DH who is still working and will be forever.


    1 members found this post helpful.

  19. #19
    Join Date
    Apr. 15, 2008
    Posts
    3,264

    Default

    ---aaaaand ended up spending it on doctors' bills. but i got the boots anyway.
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    Gravity works, and the laws of physics are a bitch.

    Member: Rabid Garden Snail Clique



  20. #20
    Join Date
    Jul. 4, 2008
    Location
    The Great Northwest!
    Posts
    1,359

    Default

    We bought a new horse with ours, and the rest is being saved for a down payment on a house.
    Foaling Around www.facebook.com/foalingaround
    Custom Equestrian Items and Bath Products



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