Income Tax Refunds

[moonfroggy]

we did taxes late last year but got a huge amount back. i am using some to get my luna orbit!

this year we wont be getting much. i want to get a better bike trailer for my son to ride in though so if we get anything it goes towards that.

[Grog]

Ours - I expect to get some significant $$ back - will go to savings.

[Tri Girl]

we were supposed to get a couple thousand back, but since we converted a traditional IRA to a Roth- we lost that and had to pay some.
Usually that's our vacation money for the year.
Have fun spending your refunds! New appliances sound dreamy!!!

[ny biker]

Kitchen renovations.

Last year's refund has been in the bank waiting for me to have a new heat pump installed. Installation was in late December, paid for with a 6-months-same-as-cash deal. So I'll be paying that bill soon. Too bad I wasn't able to earn a decent interest rate on the money in the meantime.

The first year I was in my condo, I used my tax refund to get new windows.

Not the most fun use of my money, but it all leads to happier day-to-day life.

[divingbiker]

Just filed today. Mine is going toward the repair bill to replumb my upstairs bathroom and to patch all the holes in the walls and ceiling that were required to replace the pipes. Won't even come close to paying the bill, but everything helps.

[Zen]

I've been planning on a new camera for some time now.

[smilingcat]

bummer,

I called my CPA's office today. The receptionist said that they had not received my packet. The mail went out as certified... So it's now time to go looking for the missing packet. Being certified mail, I hope it is found.

I do have a back up copy so that should help.

I don't know if I have to pay or if I will have a refund. So it will be a waiting game. If I do get a refund, then it will be going into my piggybank cause I'm temporarily retired. (sounds so much better)

I use a CPA cause I'm too dumb to figure out the tax code and turbo tax makes my head spin. If I do get audited (knock on wood), CPA's office also has a team of in-house tax attorneys...

smilingcat

[Chicken Little]

16 cases of really good wine from a private vineyard in California. All Pinot's. Life is just ridiculous.

[bluebug32]

My Dell finally died, so I'm hoping for a nice refund and a new Mac

[Aggie_Ama]

We got a small one (under $200), it went straight to savings. I know in some theories it is best not to get a big one but we withhold at the higher single rate just to balance our combined incomes since once they combine we jump two tax brackets. I remember days of getting huge returns and buying furniture, bikes or trips. Ours did put a larger jump into our emergency savings goal so I am happy about that. A lot better than waiting on our small paycheck withholding to get us there.