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View Full Version : It's Tee-AX Time!


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Halon
02-01-2011, 11:05 PM
This is one of my favorite times of the year :) After watching the bank account shrink due to xmas a new years adventures, it finally gets a nice little boost with a nice tax refund!!

Post up what you guys are getting back, and what you plan on doing with it! I know we all do taxes differently, but lets please not get into the "it's smarter to get/not get a refund" debate, and chalk it up as different strokes for different folks.

I just finished mine using TAXACT.com which I've used for the past 5 years flawlessly. Not quite as user friendly as TurboTax, but significantly cheaper. And like always, I do my return on both sites just for return amount comparison sake. And like always, they both came back with the same amount. So filed with Taxact.com for $18 total Federal and State.

Fed Refund = $4190.00
+
State Refund = $946.00
-
Filing Fee = $18.00
=
Grand total = $5118.00


Plan on putting $2k towards the principle on my house. Plan on taking $1k and starting a Roth IRA at Wells Fargo. Put another $1k into my savings account. And the remaining $1100 will be to play with :) Not sure what I'll get yet. Things I want for the Lexus are an Intake Mani, Clutch, new tranny setup. Envoy needs maintenance (shocks, rear diff, tranny, tranny cooler). Things I want for the boat are a Wakeboard Tower, new stereo setup, new tarp. Things I want for the house are paint for some walls, materials to redo the upstairs bathroom, misc new hardware like new door knobs.

Obviouslly it won't cover all that, but I'll end up just picking the ones that are most important. Woo Wooo!!!

What about you guys?

95talonracer
02-01-2011, 11:16 PM
Lex is most important!

Murlo26
02-02-2011, 02:42 AM
Wow, thats a helluva return.

I am hoping for the 2k region with my house interest payments helping out a ton.

Mine goes towards paying off debt...and a tubular mani perhaps.

311evo
02-02-2011, 04:22 AM
Prolly a bit over 1k here.

Either a new snare or a jdm rear bumper/jdm tail light combo.

cmspaz
02-02-2011, 04:29 AM
I'm done with W2s, haven't gotten to state stuff or car sale/purchase yet, but I calculated my federal return to be $1006.

Kracka
02-02-2011, 07:16 AM
Have done our taxes yet, probably start them this weekend. No state return for me though, only federal.

At-Least-It's-An-Evo
02-02-2011, 08:16 AM
Already got mine back.

...and Brandon, there's a good deal on a V161 tranny on ClubLex. $3200 w/ only 32k miles! ;)

niterydr
02-02-2011, 09:27 AM
Paying down/off personal debts, which will then allow them to support the economy thru additional purchases.
Then wedding stuff.
Maybe a new daily driver/ auto-x project if one comes along.

Tachyon
02-02-2011, 10:40 AM
Very tempted to spend a portion on the Cusco 35/65 F/R fixed center differential. But will probably use it to pay shit off instead :(

mike55112
02-02-2011, 10:58 AM
I'm getting 980 back this year,I dont really have a car to play with so I might for once be responsible and save it or just put it towards bills