This is topic $5k in forum General Talk at Northern California Ford Owners  .


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Posted by stanger50 (Member # 1665) on :
 
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 ]
 
Posted by RODRIGUEZ (Member # 9104) on :
 
Nice!!! Congrats on both the new home and large refund.
 
Posted by 68dustin (Member # 5388) on :
 
[Frown] only got 2500 back..
 
Posted by Cobra 93-4992 (Member # 4992) on :
 
Change your witholdings and keep your money all year long and get 0 money back. F the government.
 
Posted by N8 (Member # 6048) on :
 
Congrats on the home. I have not got a tax return in close to a decade [Frown]
 
Posted by JBeezy53 (Member # 3960) on :
 
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.
 
Posted by SIC70STANG (Member # 4347) on :
 
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.
 
Posted by 1SLOWLX (Member # 558) on :
 
Man I remember thoses days now with no mortgage I got nothing to write off
Lame!
 
Posted by DLo (Member # 6133) on :
 
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!
 
Posted by SLOWFOX (Member # 11067) on :
 
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.
 
Posted by SIC70STANG (Member # 4347) on :
 
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?
 
Posted by louisiana96 (Member # 9967) on :
 
5200 in here
 
Posted by CAStang (Member # 9568) on :
 
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...
 
Posted by 85staNg302 (Member # 9450) on :
 
Congrats! Got back $5650
 
Posted by venomous99 (Member # 1917) on :
 
im getting a big fat negative number back. [Razz]
 




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