Tax Return Money - What are you planning?

[csikx]

What do you guys plan to do with your tax return money?

List it out...

Car parts, down payment on house, buy a car, buy furniture, save it, etc...?

I plan on getting a set of long tube headers. :mrgreen:

[chrisheltra]

If its like past years I plan on getting a loan to pay the IRS back.

[JeremyAlan]

^how do you end up doing that?

[chrisheltra]

^how do you end up doing that?

Too much money not enough deductions.

[Matts94Z28]

I am going to owe this year...

[Mike]

Too much money ...

Wish I had that problem.

I will be writing a check for around a thousand. I never like giving the IRS a free loan.

[ForceFed4g63]

Paying off a big chunk of debt, then maybe buying a new exhaust for the project car.

[LXtasy]

Redoing our office most likely and getting it ready for a baby's room. And just saving/investing the rest.

[Shane361]

Getting back 1900 so fixing up the house, using some for bills and my wedding is March 3rd.-Shane

[ForceFed4g63]

Getting back 1900 so fixing up the house, using some for bills and my wedding is March 3rd.-Shane

Congrats! You're gonna need it for the wedding, trust me lol

[csikx]

Getting back 1900 so fixing up the house, using some for bills and my wedding is March 3rd.-Shane

Where are you having it? I'm getting married next March and we just booked the venue. Fuck, weddings are expensive!

[Carlrx7]

What do you guys plan to do with your tax return money?

List it out...

Car parts, down payment on house, buy a car, buy furniture, save it, etc...?

I plan on getting a set of long tube headers. :mrgreen:

how about you pay me to install a cam?, 224/230 will work with a stock stall, can do it all for 700, street tuned, bring me cam/springs and pushrods.

i hate exhaust work with a passion, save that for bad bob, hes my goto guy for that.

-Carl

[s14.5gonewide]

pay off a few small bills.. buy some more fishing gear. tires for the truck.

[cobraetti]

I would be happy to break even here

[Shane361]

Where are you having it? I'm getting married next March and we just booked the venue. Fuck, weddings are expensive!

Yes they are and I am glad her daddy is paying for most of it! Her mom has paid a good bit also! We are from Florida so it will be a Golf Country Club there. Think we are close to 15,000 and that's still cheap for a wedding. -shane

[LXtasy]

I would be happy to break even here

That is what happens when you bank 6 figures plus a year. And than add commission

[1iron]

Hoping to break even. I don't understand people who get a big return. I guess they don't trust themselves with their own money.

[LXtasy]

Hoping to break even. I don't understand people who get a big return. I guess they don't trust themselves with their own money.

I say the same thing paul. I bring in a few dollars. Mainly because of child tax credit, daycare, and Mortgage.

[csikx]

Hoping to break even. I don't understand people who get a big return. I guess they don't trust themselves with their own money.

I am very good with my money, but I don't get the claiming more than 1, etc.. I get nervous about owing at the end of the year. I'd rather have more in my paycheck, but not sure how to fix that.

[Mike]

I am very good with my money, but I don't get the claiming more than 1, etc.. I get nervous about owing at the end of the year. I'd rather have more in my paycheck, but not sure how to fix that.

You can claim what ever you want on your W4. Use a tax calculator to figure how much needs to be withheld. I usually verify mine around June and make changes so that I owe at the end of the year.

[csikx]

You can claim what ever you want on your W4. Use a tax calculator to figure how much needs to be withheld. I usually verify mine around June and make changes so that I owe at the end of the year.

I guess I'll look into it. Thanks.

[csikx]

how about you pay me to install a cam?, 224/230 will work with a stock stall, can do it all for 700, street tuned, bring me cam/springs and pushrods.

i hate exhaust work with a passion, save that for bad bob, hes my goto guy for that.

-Carl

I don't know if I'm ready for a cam yet. Baby steps with the headers/tune.

:(

[Harry]

Hoping to break even. I don't understand people who get a big return. I guess they don't trust themselves with their own money.

Nope. I sure don't.:bigthumb:

[bwelch]

I'm going to put some 315/75/16 on my z71 and maybe get a selepack detail. The rest will go towards tuning my car.

[csikx]

I'm going to put some 315/75/16 on my z71 and maybe get a selepack detail. The rest will go towards tuning my car.

Do you have bigger pictures of your TBSS?

[ForceFed4g63]

Hoping to break even. I don't understand people who get a big return. I guess they don't trust themselves with their own money.

Only reason I'm getting anything back is because the wife is in school full time.

[spdracr0]

Wife and I claim single/0 and have 2 kids and still will have to pay something....

[Sean]

Maybe finally go on a honeymoon. 2 weeks before my wedding last year we found out a few things and had to pay out of our pocket for things. So we were not able to go on a honeymoon. Depending how much I get back, im going to build a shed in the backyard.

[yota]

i got burned last year by my ex filing differently that we had agreed... being separated, we had still agreed to file jointly since i had claimed 2 on my taxes all year, she filed separately and claimed our son and head of household garnering her a hefty return check and i had to pay a pretty large chunk... this year, i have been claiming 0 all across the board, and will most likely claim our son when i file... not sure what im going to do with the money yet, but at least i shouldnt have to come up with 4 figures for uncle sam...

[bwelch]

Do you have bigger pictures of your TBSS?

No. I found that one on my old cell phone. Its long gone now. I wish I would have kept it.

[csikx]

No. I found that one on my old cell phone. Its long gone now. I wish I would have kept it.

What kind of wheels are those?

[MonteC]

Ill be lucky to break even.

[blubyu87gt]

Hookers, drugs, and alcohol!

Really though I will likely dump some of it in the stang and keep the rest for the rainy day... Just depends on how much I get back.

Come to think of it the first part may be cheaper then the second...

[94FormulaBird]

pay off my credit card...used it mostly for xmas and for the 5 weeks between jobs...

if any is left over its goin into my gun fund...

[bwelch]

What kind of wheels are those?

22" Falken wheels with a black with a brushed aluminum lip. I cant remember the name

They look like these.

http://www.google.com/imgres?q=falken+22%22+wheels&um=1&hl=en&sa=N&qscrl=1&nord=1&rlz=1T4TSHB_enUS303US304&biw=1280&bih=659&tbm=isch&tbnid=PZ54mRMPweWW7M:&imgrefurl=http://www.motortopia.com/streettrucks/feature-trucks/greystone-2-3335/&docid=R8VBsHapKSVY-M&imgurl=http://www.motortopia.com/streettrucks/wp-content/uploads/2011/10/ST-1107-GREY-05.jpg&w=840&h=742&ei=G-ccT6T5MqLy0gHhi4jRCw&zoom=1&iact=rc&dur=292&sig=117913617465064103237&page=9&tbnh=146&tbnw=144&start=163&ndsp=23&ved=1t:429,r:7,s:163&tx=127&ty=79

[shts_weak]

im getting black suede corbeau's :)

[KRYPTONITE]

Gonna Finsh The Shop

[jmd]

If its like past years I plan on getting a loan to pay the IRS back.

agree

[PapaBear]

If all goes as planned, my work "Incentive plan" and tax money should be a good bit.

Gonna put it away in preparation for purchasing my second home here in a few months.

[adamcs]

i got burned last year by my ex filing differently that we had agreed... being separated, we had still agreed to file jointly since i had claimed 2 on my taxes all year, she filed separately and claimed our son and head of household garnering her a hefty return check and i had to pay a pretty large chunk... this year, i have been claiming 0 all across the board, and will most likely claim our son when i file... not sure what im going to do with the money yet, but at least i shouldnt have to come up with 4 figures for uncle sam...

For a small fee I can take care of the ex wife for you...it will never come back on you....just sayin

[chrisheltra]

Looks like I owe about 2 grand this year.

[Carlrx7]

I got mine back yesterday. Bought myself a Synology 212j NAS and a couple 2tb drives. Should all be here tomorrow, I love Amazon Prime Free 2 day shipping.

Now back to work on the car.

-Carl

[ForceFed4g63]

I got about a grand back, all went towards debt.

[Matts94Z28]

I owe $150 fed and get back $158 state... Whoo! I'm going to get a big mac.

[Carlrx7]

Looks like I owe about 2 grand this year.

thats misleading, so did you not pay into during the year? or is that your total tax for the year?

in that case i paid 2,811.00 this year.

-Carl

[Carlrx7]

I owe $150 fed and get back $158 state... Whoo! I'm going to get a big mac.

Go big or go home! HARDEES 6 dolla burga

-Carl

[chrisheltra]

thats misleading, so did you not pay into during the year? or is that your total tax for the year?

in that case i paid 2,811.00 this year.

-Carl

I owe federal 2 grand above what my wife and I payed over the coarse of the year. We both claim married and zero but still owe every year.

[blueyed tuner]

Replacing a stolen dually !!

[LXtasy]

I owe federal 2 grand above what my wife and I payed over the coarse of the year. We both claim married and zero but still owe every year.

http://www.efile.com/tax-deduction/income-deduction/marriage-tax/#marriage_penalty
Seems like you two are in different tax brackets and the difference is being made up

[98Blackbird]

Replacing a stolen dually !!

Been looking for that dually everyday. That and the old camaros they been stealing. I have a feeling they got stripped on Baker st before they got busted.

[gearmesh, inc.]

Where are you having it? I'm getting married next March and we just booked the venue. Fuck, weddings are expensive!

Just when you think weddings are expensive, try funding a divorce!

[bambooi]

I owe federal 2 grand above what my wife and I payed over the coarse of the year. We both claim married and zero but still owe every year.

On the w-4 form it says if you and your wife both work you may need to have additional money taken out based on the chart on the second page. You can also go to IRS.gov and they will tell you what to do based on their calculator which accounts for how much you have paid so far for the year.

[ForceFed4g63]

On the w-4 form it says if you and your wife both work you may need to have additional money taken out based on the chart on the second page. You can also go to IRS.gov and they will tell you what to do based on their calculator which accounts for how much you have paid so far for the year.

Look who's back from the dead...

[chrisheltra]

On the w-4 form it says if you and your wife both work you may need to have additional money taken out based on the chart on the second page. You can also go to IRS.gov and they will tell you what to do based on their calculator which accounts for how much you have paid so far for the year.

Yes I know but Im not giving them extra money. lol

I dont know why anyone that claims 0 and married all year should owe anything at the end. Maybe my thinking is flawed but thats the way I see it.

[LXtasy]

http://www.efile.com/tax-deduction/income-deduction/marriage-tax/#marriage_penalty
Seems like you two are in different tax brackets and the difference is being made up

.................

[chrisheltra]

.................

Cliffs?

[LXtasy]

cliff notes



read you lazy bastard :)

[yota]

mine paid off my credit card and paid for a new torque converter and other trans parts/labor

[Carlrx7]

Yes I know but Im not giving them extra money. lol

I dont know why anyone that claims 0 and married all year should owe anything at the end. Maybe my thinking is flawed but thats the way I see it.

You could make some charitable contributions and maybe open an IRA. you just need enough to knock you down into a lower "bracket" still have two months!

-Carl

[Bradleyrj]

Pay off credit, furniture, car parts,

[blubyu87gt]

Likely going to blow it all on hookers, drugs, and some fist pumping parties!

Really though I am just going to put most in savings and just get the body work done and clean up the mustang a little. After I put this F cam and smaller pulley in I think I will be on borrowed time with the motor so may start my next build lol.

[LXtasy]

You need to bring the car by this weekend and lets see what is up with your ignition homie. Just saying.

[Sean]

Finally went and did ours tonight. Looks like we have a trip in our future finally. Ive also been throwing hints at the wife for a new M&P 9mm.

[blubyu87gt]

You need to bring the car by this weekend and lets see what is up with your ignition homie. Just saying.

Sshhhhheeeeaaaaiiiiiittttt. You know the screwdriver to start is pimp. Lol when you free?

[Matts94Z28]

Sshhhhheeeeaaaaiiiiiittttt. You know the screwdriver to start is pimp. Lol when you free?

Where do you live? :poke:

[LXtasy]

Where do you live? :poke:

He lives in the neighborhood of Smith & Wesson

[98Camarod]

I got a pretty hefty chunk back. I'm putting it down on my new truck to get this jank paid off early.

[blubyu87gt]

He lives in the neighborhood of F/N and Colt

Fixed lol

[Shane361]

Got a beach house with a pool for three days for my Fiance' and I after we marry and a sweet leather couch for the house:cheers