Anyone get their Tax Return yet?

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TwiceOver

Lifer
Dec 20, 2002
13,544
44
91
Got mine last Friday and it was gone within 3 hours of me noticing it was in the bank.
 

Homerboy

Lifer
Mar 1, 2000
30,890
5,001
126
Originally posted by: DeathBUA
Originally posted by: spidey07
Originally posted by: JLee
Yeah, but how many people would actually have saved that money to begin with? Hint: Not very many. :p

I got mine a while ago...filed shortly after receiving my W2s.

I had to pound it into my girl. She was all excited to get 4K back.

LOOK! LOOK! I got 4000 dollars!

"dummy, that is your money. Just think what you could do if you didn't give it to them in the first place."

I guess you're right. It's a mindset. If you don't realize you are throwing money away by having a refund then so be it. Fool and his money are parted.

But then there are people like me who got all that money back because of deductions plus tax credits. If you left all those out I overpaid uncle sam by only $250...I make sure I get all the dime that is mine...This year was just particularly nice since I got just a smidgen over 10K back from combined federal and state.

Exactly. We also have to take into account my wife's small-home business too. Trying to figure that out into/with our personal taxes, there is NO WAY you could get a $0 return from taxes. So our "interest free loan" this yer was off by $4k.
 

Jack Ryan

Golden Member
Jun 11, 2004
1,353
0
0
Originally posted by: Homerboy
Originally posted by: DeathBUA
Originally posted by: spidey07
Originally posted by: JLee
Yeah, but how many people would actually have saved that money to begin with? Hint: Not very many. :p

I got mine a while ago...filed shortly after receiving my W2s.

I had to pound it into my girl. She was all excited to get 4K back.

LOOK! LOOK! I got 4000 dollars!

"dummy, that is your money. Just think what you could do if you didn't give it to them in the first place."

I guess you're right. It's a mindset. If you don't realize you are throwing money away by having a refund then so be it. Fool and his money are parted.

But then there are people like me who got all that money back because of deductions plus tax credits. If you left all those out I overpaid uncle sam by only $250...I make sure I get all the dime that is mine...This year was just particularly nice since I got just a smidgen over 10K back from combined federal and state.

Exactly. We also have to take into account my wife's small-home business too. Trying to figure that out into/with our personal taxes, there is NO WAY you could get a $0 return from taxes. So our "interest free loan" this yer was off by $4k.

I'm in the same situation. It feels good to be "wrong" in the positive, rather than the negative.
 

vi edit

Elite Member
Super Moderator
Oct 28, 1999
62,484
8,345
126
Originally posted by: spidey07
Originally posted by: JLee
Yeah, but how many people would actually have saved that money to begin with? Hint: Not very many. :p

I got mine a while ago...filed shortly after receiving my W2s.

I had to pound it into my girl. She was all excited to get 4K back.

LOOK! LOOK! I got 4000 dollars!

"dummy, that is your money. Just think what you could do if you didn't give it to them in the first place."

I guess you're right. It's a mindset. If you don't realize you are throwing money away by having a refund then so be it. Fool and his money are parted.

If I put it into a savings account I would have made a MASSIVE .8%. Yes less than one percent APY. If I had put it into the stock market I would have lost my ass.

Woo hoo.

 

nerp

Diamond Member
Dec 31, 2005
9,865
105
106
Originally posted by: spidey07
Originally posted by: skim milk
got mine on monday
it felt great depositing it into my bank account

heh, how's it feel to get your own money back that didn't make any more money for you?

Gimme some money to hold onto for a while, I'll make it make ME more money and give you what you gave me.

You know the saying - a fool and his money are soon parted. So - what do you say? Gimme 100K for a year and I'll give you 100K back and take all the profits?

Deal?

Some people get more back than they put in, even with adding exemptions to reduce the weekly hit. Tuition credits, dependent child credits, deductions, etc, often add up. So just because your perception that getting a return means you're giving more than you should doesn't make it true in all cases.

Myself, I make a lot of money by freelancing. I'd rather have the taxes on that income be offset by some of my payroll taxes so at tax time, I'm not sending a big check to the government. Instead, I'm even or I get a little back. I already have a lot of money in a variety of diversified investments (stocks, bonds, IRA, 401k, t-bills, commodities) so whether the govt has $1,000 of my money or not is really a non issue. I can live without $50 a week. I make more than that in interest and gains.

 

Xavier434

Lifer
Oct 14, 2002
10,373
1
0
I filed for my taxes late Jan and got my return back via direct deposit about 3 weeks later in the middle of Feb.
 

Xavier434

Lifer
Oct 14, 2002
10,373
1
0
Originally posted by: spidey07
Originally posted by: JLee
Yeah, but how many people would actually have saved that money to begin with? Hint: Not very many. :p

I got mine a while ago...filed shortly after receiving my W2s.

I had to pound it into my girl. She was all excited to get 4K back.

LOOK! LOOK! I got 4000 dollars!

"dummy, that is your money. Just think what you could do if you didn't give it to them in the first place."

I guess you're right. It's a mindset. If you don't realize you are throwing money away by having a refund then so be it. Fool and his money are parted.

You are the type that pisses on people's picnics aren't you? Let your girl be excited and happy. It really isn't that big of a deal. You take money way too seriously.
 

Miramonti

Lifer
Aug 26, 2000
28,653
100
106
Originally posted by: SandEagle
got mine on the 12th. paid off all my CC bills. damn it feels good. I had 50K in cc bills 5 years ago. bought it down to 0 last week.

Awesome. I'm still waiting for the chinese to buy my debt.
 

SirChadwick

Diamond Member
Jul 27, 2001
4,595
1
81
Got my return back in 10 days. $1100 woohoo!

I didn't take the $7500 interest free (1st time home buyers) loan though - I do not want to pay that crap back over 15 years.
 

hanoverphist

Diamond Member
Dec 7, 2006
9,867
23
76
efiled last tuesday, got it yesterday morning. pretty damn cool. especially when i get to efile for free, and they are prepared for free as well.
 

hanoverphist

Diamond Member
Dec 7, 2006
9,867
23
76
Originally posted by: DeathBUA
Originally posted by: spidey07
Originally posted by: JLee
Yeah, but how many people would actually have saved that money to begin with? Hint: Not very many. :p

I got mine a while ago...filed shortly after receiving my W2s.

I had to pound it into my girl. She was all excited to get 4K back.

LOOK! LOOK! I got 4000 dollars!

"dummy, that is your money. Just think what you could do if you didn't give it to them in the first place."

I guess you're right. It's a mindset. If you don't realize you are throwing money away by having a refund then so be it. Fool and his money are parted.

But then there are people like me who got all that money back because of deductions plus tax credits. If you left all those out I overpaid uncle sam by only $250...I make sure I get all the dime that is mine...This year was just particularly nice since I got just a smidgen over 10K back from combined federal and state.

same here, before putting student loan interest, medical bills, mort int and child care i was almost at 150 return. i balance it fairly close every year, the extras are what give me the refund. and to the other guy, stop being so damn negative, makes you look like a dick.
 

rgwalt

Diamond Member
Apr 22, 2000
7,393
0
0
Originally posted by: spidey07
I wouldn't know. If you get money back from your interest free loan to the gubment you're doing it wrong.

Tell you what - you send me 30,000 dollars right now. And I'll give you back 29,000 a year from now.

Deal?

In some cases it is tough or impossible to be in the situation of receiving no refund... This year I changed jobs, and as a result overpayed FICA tax. So, I'm receiving a refund that I couldn't possibly have avoided. However, this a fairly unique situation...

Haven't received my refund yet. I efiled with direct deposit and hope to see something in the next couple of weeks.

 

BoomerD

No Lifer
Feb 26, 2006
66,366
14,776
146
Obligatory: That's your tax REFUND, not your return. (even though they ever so kindly RETURN your money)
The RETURN is the wad of paperwork (or e-paperwork) you file to get your refund...:p
 

KentState

Diamond Member
Oct 19, 2001
8,397
393
126
I got my last Friday for $4800 federal and $800 from Georgia. Changing jobs, tax brackets, and getting a large signing bonus made it difficult to setup my deductions properly.
 

daveshel

Diamond Member
Oct 10, 1999
5,453
2
81
Originally posted by: BoomerD
Obligatory: That's your tax REFUND, not your return. (even though they ever so kindly RETURN your money)
The RETURN is the wad of paperwork (or e-paperwork) you file to get your refund...:p

Beat me to it.