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Author
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Topic: $5k
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stanger50
20yr club
Member # 1665
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posted
 
 
We bought our first home back in July, 2011 and we did our taxes today and got back $5,000
Hope for more this year.
[ February 28, 2012, 07:29 PM: Message edited by: stanger50 ]
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1998 Cobra SVT convertible
Bright Atlantic Blue (1 of 247)
20 year club.
Posts: 1318 | Registered: Aug 2002
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RODRIGUEZ
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Member # 9104
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posted
Nice!!! Congrats on both the new home and large refund.
Posts: 1182 | From: East Bay | Registered: Apr 2009
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68dustin
CAFords OG
Member # 5388
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posted
![[Frown]](frown.gif) only got 2500 back..
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"As I lay rubber down the street, I pray for traction that I can keep, and if I do begin to slide, please dear God protect me and my ride!"
Posts: 3991 | From: neverland | Registered: Feb 2005
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N8
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Member # 6048
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posted
Congrats on the home. I have not got a tax return in close to a decade
Posts: 11638 | Registered: Sep 2005
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JBeezy53
CAFords OG
Member # 3960
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posted
quote:
Originally posted by stanger50:
We bought our first home back in July, 2011 and we did our taxes today and got back $5,000
Hope for more this year.
You can change your withholdings and take home roughly $400 more per month. That's being conservative as it's really more than that, unless you had a lot of tax credits and weren't paying that much in taxes monthly.
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89 Gt
98 Cobra
88 Notch
05 GSXR 750 Blk/Yel
Posts: 1782 | From: Sacramento, Ca | Registered: Jan 2004
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sic70stang
CAFords OG
Member # 4347
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posted
quote:
Originally posted by Cobra 93-4992:
Change your witholdings and keep your money all year long and get 0 money back. F the government.
+1 a tax return is a fools savings account in which the government holds on to at 0% interest.
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The anti-crew
1987 rolling safety violation.
Posts: 6943 | From: California | Registered: Jul 2005
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1SLOWLX
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Member # 558
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posted
Man I remember thoses days now with no mortgage I got nothing to write off
Lame!
Posts: 5231 | From: bay area | Registered: Nov 2001
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DLo
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Member # 6133
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posted
quote:
Originally posted by SIC70STANG:
quote:
Originally posted by Cobra 93-4992:
Change your witholdings and keep your money all year long and get 0 money back. F the government.
+1 a tax return is a fools savings account in which the government holds on to at 0% interest.
I've wanted to change my withholdings, but how do you know what to change it to?? I'd rather not pay at the end of the year either!
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2004 GT
94 GT - SOLD
Posts: 1879 | From: Bay Area, CA | Registered: Oct 2005
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SLOWFOX
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Member # 11067
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posted
8k right here but I gave most of it out to the wife parents.just kept abot 3k for my self almost all is gone.
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" A Wolf under sheep's clothing"-svoRICK 2/10/12
Almost everything I asked for.
Posts: 2399 | From: ESSJ | Registered: Jul 2011
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sic70stang
CAFords OG
Member # 4347
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posted
quote:
Originally posted by 1SLOWLX:
Man I remember thoses days now with no mortgage I got nothing to write off
Lame!
how about property tax?
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The anti-crew
1987 rolling safety violation.
Posts: 6943 | From: California | Registered: Jul 2005
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louisiana96
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Member # 9967
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posted
5200 in here
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96gt
Slow.6
Aka: what96
Posts: 384 | Registered: Apr 2010
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CAStang
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Member # 9568
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posted
If your getting returns, you're not managing your money correctly. My goal every year is to get as close to neutral as possible. Hell, I almost rather have to pay a little. At least that way I made the interest and not uncle Sam...
Posts: 351 | From: Santa Clara | Registered: Nov 2009
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85staNg302
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Member # 9450
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posted
Congrats! Got back $5650
Posts: 1561 | From: sacramento | Registered: Sep 2009
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venomous99
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Member # 1917
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posted
im getting a big fat negative number back. ![[Razz]](tongue.gif)
Posts: 4811 | From: dc | Registered: Oct 2002
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