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?