This years taxes!

tpunx99GSX · 01-12-2009

http://www.boston.com/business/perso...ts_will_b.html

$500 stimulus for individuals and $1000 for couples.
This year is going to be good for my taxes having a kid, and getting a stimulus should be nice.
I like the business tax break of $3000 for companies per employee hired in the next 2 years.

**Halon** · 01-12-2009

Still waiting for my W2. My return should be decent as usual!!

**scheides** · 01-12-2009

Investing and working towards paying off the evo.

**Halon** · 01-12-2009

I hear ya there. I plan on putting around 90% of it right into savings.

**Kracka** · 01-12-2009

Our tax return this year will be funding the honeymoon.

awd-drifter · 01-12-2009

going to a laptop and Evo 8 suspension...mine are shot!

**Goat Blower** · 01-12-2009

Yeehaw, I'm sure we'll find something to spend it on. Maybe some house projects.

Febo · 01-12-2009

New car. Between taxes, final settlement from the Marines, and my TSP account, I should have 3500 to blow. WOOO

**v8klla** · 01-12-2009

Wow, looking pretty positive for small business

mike55112 · 01-13-2009

I hope I get a decent refund this year, Ive been on unemployment since november so I dont know how that affects my refund.

blageo23 · 01-13-2009

I hope to be getting a big one! Finally get to be an independent!
Im going to try and pay bill or keep it in savings. But most of it will be going into the Spyder.

polishmafia · 01-13-2009

This will be my first year that I can claim mortgage interest. I don't know what to expect.

A//// Guy · 01-13-2009

Hope I get a decent return. It will all go into savings, for a new car most likely.

tpunx99GSX · 01-13-2009

Quote:

Originally Posted by v8klla

Wow, looking pretty positive for small business

Yeah pretty amazing for a communist who was looking to tax small businesses....

**Halon** · 01-13-2009

Quote:

Originally Posted by polishmafia

This will be my first year that I can claim mortgage interest. I don't know what to expect.

I expect it will put a big smile on your face, like it does for me every year

curt_gendron · 01-13-2009

Quote:

Originally Posted by polishmafia

This will be my first year that I can claim mortgage interest. I don't know what to expect.

You can do a rough guess. You probably know about what you owe on your house. Take that and times it by your interest rate and that will be close to what you paid in interest on your mortgage this year. If you haven't lived in your house for the whole year, you have to come up with a percentage. Then figure you'll get 25-33% of that money back. (depending on your tax bracket)

later,
Curt

polishmafia · 01-13-2009

Quote:

Originally Posted by Halon

I expect it will put a big smile on your face, like it does for me every year

I hope so. Last year I got screwed because Goodyear wasn't taking out enough tax. So that was changed this year.

Quote:

Originally Posted by curt_gendron

You can do a rough guess.

Ah ok. Thats a nice amount. I'd rather get the amount back before I estimated the 25-33% of the total

**Halon** · 01-13-2009

Usually for me (since I've only owned for 3 years), about 2 months worth of my payments actually go towards the principle, and the other 10 months are all interest. I'm sure it's different for everyone, but maybe gives you an idea. All that interest is a huge write off!!!

I also write off my property taxes which is another perk of owning also. Another couple grand usually.

1QUICK4 · 01-13-2009

Quote:

Originally Posted by tpunx99GSX

Yeah pretty amazing for a communist who was looking to tax small businesses....

If you think Obama has anything to do with your 2008 taxes you need to get a clue Tom.

polishmafia · 01-13-2009

Quote:

Originally Posted by 1QUICK4

If you think Obama has anything to do with your 2008 taxes you need to get a clue Tom.

I lol'd.

Property taxes... I forgot about those. They are rolled up into my mortgage payment. This just keeps sounding better and better.