Taxes: What will you be doing with your refund?

[swooshfinn]

Vacation money for Florida (which was a couple of weeks ago) and Alaska in June!

 

[worriedmommy]

Originally Posted by Trouts mom

I am jealous of people that get refunds, and I miss the days of getting money back

 

[going nova]

Good mattresses!!!!!

This is our first place together, and neither one of us has furniture!
No table, no couch, no bed!
(Don't feel too bad for us, we eat out more than we ought!)

 

[starryeyedtiger]

i'll probably use it to pay towards the bills

 

[glitch]

I had to click Other!! I got mine back already and I used it to pay bills in advance!! I paid my house off till August!

I also paid ahead on phone, cable and everything else that was possible! Of course now it feels like I flushed 8 grand down the drain... but what do ya do?? This way I dont have to worry about late payments and such, and the money we get on paydays can be used to live off of and spend as we please!

 

[emrldsky]

We've used a small portion of it for personal spending, and the rest is getting placed in our money market account. Save, save, save!!!

 

[littleraven7726]

we'll be paying off debt.

if there's anything left over it will go towards nabu's dental (and if we get a stimulus check, part of that will also go towards nabu's dental). the rough estimate is $300-$400.

 

[twstychik]

I will be putting mine into a savings account. It might be used later for summer classes but if my dad pays for my summer school it will most likely stay in the bank.

 

[gailc]

Well its will be an interesting tax yr for us. Our income will show a drop as my severance ended in late 2006. We already put the max in for a roth IRA so we might not actually have to pay in the feds!! We haven't gotten all our filing info from our investments so this is a guess at this time!!
We usually get a small state refund which offsets the federal.

As for the "stimulus" money we are doing some remodeling in the family room so that money will go into savings until needed.

 

[lionessrampant]

I don't get a refund. I OWE them money.

DH is putting his in the money market account we're opening so that it will acrue interest quickly

 

[gingersmom]

My answer is multiple choice:

Pay off some debt
Invest in more stock now that the prices are low
Stock up on kitty litter and cat food
Put some in the bank for emergencies
Take a couple of my friends and their two kids out to a nice dinner
Finally go get some eyeglasses made (I'm getting more and more nearsighted - need glasses for driving and watching TV, just haven't actually gotten them yet!)

I think that covers it!

 

[twstychik]

Originally Posted by GingersMom

Finally go get some eyeglasses made (I'm getting more and more nearsighted - need glasses for driving and watching TV, just haven't actually gotten them yet!)

I think that covers it!

That reminds me I need new contacts... but I really should have my eyes re-checked before I order them.

 

[mistressotdark]

i'm getting money back..but using it to pay off some stuff...
but I should be getting a raise perhaps this summer and back pay...
which means new camera...
and new stuff for cats :-)

oh ya..did my taxes online..last thursday

 

[katz4life]

We got the last 3 of our cats spayed, bought a new fridge, a digital camera, & the matching printer

 

[AbbysMom]

For the first time in a long time I will not be getting a refund. Instead I owe more than I have ever owed in my life X 20.

 

[pookieboy]

My tax refund will go where it ALWAYS goes every year...........towards the first installment of my property tax that's due in May.

 

[chester&piper]

I'm planning on buying a new camera with part of my refund. The rest I'll save for when I move to a new apartment in the summer.

 

[babyharley]

Originally Posted by AbbysMom

For the first time in a long time I will not be getting a refund. Instead I owe more than I have ever owed in my life X 20.

I think I would cry if I had to pay in

I found out how much I'm getting this year, and I think I'll just stick it all in savings & splurge on a cat tree for the boys, they really need one!

 

[artgecko]

Thanks everyone,
for sharing what you will, or will not be doing with your refund (or non-refund).

As a side note, the "stimulus payments" won't be going out until May, so I guess I'll be waiting to get the LR

Art

 

[EnzoLeya]

I'm very sad that I have to spend $200 of it to pay off my credit card

The rest, pay for rent most likely