What did you buy with your tax refund?

[Thor]

Go ahead tax man...pull my finger...

 

[jimbo-indy]

Refund? Haven't seen one of those in many years. At some point it seems to make sense to reduce income rather than work to earn more that just goes to taxes, diminishing returns.

 

[Sniper 79]

Refund? Haven't seen one of those in many years. At some point it seems to make sense to reduce income rather than work to earn more that just goes to taxes, diminishing returns.

Yep. Wife got a bump and I resigned. Don't know if I will ever go back. At home with kids now. Have some financial meets planed. Don't make sense to work only to get bent over and poked. Saving a ton by being home.

This year's return bought auto parts, eye glasses for three, well pump and pressure tank, few things for the house, some new clothing, fish finder. We do all our purchasing in the spring after tax time.

 

[mannus]

Purchased a PSA MOE lower and CBC Industries 16" 300 BO upper. Plan on shooting in the next few months.

 

[LockStocksAndBarrel]

I find it interesting that so many use the IRS as an interest free savings account. I had no idea. I don't get it when you can just toss your own money into a savings account instead of providing an interest free loan to Uncle Sam.

Not judging, just trying to understand it.

 

[dans4420]

I find it interesting that so many use the IRS as an interest free savings account. I had no idea. I don't get it when you can just toss your own money into a savings account instead of providing an interest free loan to Uncle Sam.

Not judging, just trying to understand it.

Yes sir my income fluctuates largley year to yea, but I adjust my witholdings throughout the year so I come as close to break even as possible. The more I save monthly any interest I make is mine, the fed will gladly invest your cash and not cut you in.

 

[davedolli]

Car repairs, home repairs, some new tools, the rest in savings.

Dave

 

[2in1evtime]

Haven't done any taxes yet waiting on my wife to get her junk in order

 

[w_ADAM_d88]

Had planned on getting an upper to go on my INGO lower but now that hospital bills are rolling in it looks like that won't be happening.

 

[JollyMon]

I find it interesting that so many use the IRS as an interest free savings account. I had no idea. I don't get it when you can just toss your own money into a savings account instead of providing an interest free loan to Uncle Sam.

Not judging, just trying to understand it.

I rather deal with the loss of the 49 cents of interest than having to write a 5-8k check during tax time.

 

[JettaKnight]

I rather deal with the loss of the 49 cents of interest than having to write a 5-8k check during tax time.

It doesn't have to be $1000's; you can set it up for a happy medium, i.e. ~$0...

 

[RugerRog]

What we received went into my daughters 529 . Just 2 more years!

 

[Glockman20]

TAX REFUND.... WHAT IS THAT?????? I am married with no children I have not gotten a tax refund in over 20 years.... But, if I did get a text refund I would buy the Colt Delta Elite(2016)....

 

[indyguy333]

I haven't had a tax refund in years. I have mutual funds and they all distribute taxable dividends in December

 

[LockStocksAndBarrel]

It doesn't have to be $1000's; you can set it up for a happy medium, i.e. ~$0...

Exactly. I usually break even or owe a tiny bit. It's not the interest you miss out on. Not the point. The free government loan is the point. $7-8000 back? Really? Wow. That's over $600 a month...To each his own, I guess.

 

[JollyMon]

This is the first year we are actually getting a refund, in the past 8 years.... We normally owed 6-8K, We have been playing around with it to bring it lower, but with my wife doing from full time to part time, to buying a new house, to selling our old, with deductions and HSA popping all over the place because of pregnancies. It made it hard to get it close to 0. Finally after having my wife take more out of her paycheck each period, we were able to get it closer. still needs some work though as we are taking too much out each pay period.

 

[Sniper 79]

Exactly. I usually break even or owe a tiny bit. It's not the interest you miss out on. Not the point. The free government loan is the point. $7-8000 back? Really? Wow. That's over $600 a month...To each his own, I guess.

It is a forced savings. If it's available it will only get absorbed in bill payments or pissed away on dumb stuff.

Nice to get that large lump back and make a difference in something that actually matters.

 

[JettaKnight]

It is a forced savings. If it's available it will only get absorbed in bill payments or pissed away on dumb stuff.

Nice to get that large lump back and make a difference in something that actually matters.

https://www.indianagunowners.com/forums/break-room/433155-anyone-here-do-dave-ramsey-thing.html

 

[LockStocksAndBarrel]

This is the first year we are actually getting a refund, in the past 8 years.... We normally owed 6-8K, We have been playing around with it to bring it lower, but with my wife doing from full time to part time, to buying a new house, to selling our old, with deductions and HSA popping all over the place because of pregnancies. It made it hard to get it close to 0. Finally after having my wife take more out of her paycheck each period, we were able to get it closer. still needs some work though as we are taking too much out each pay period.

Brutal to try to make that come out even. I get it. Really a lot happening all at once.

 

[jmills]

Paid again this year but I pretend I get something back. Springfield Range Officer1911 A1 45 blued adjustable back sight.