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Post Reply What are you doing with your tax refund?
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39 / Inside your compu...
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Posted 2/11/16
pay for my Love Live figurines
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Posted 2/11/16

kacino254tx wrote:


kevz_210 wrote:


eclair-lumiere wrote:

I'm not in the US so no idea what this is about


People overpay their taxes throughout the year so at the end of the year the government has to give the money the people lent to the government for free back. People act like they are getting free money, but in reality it was theirs to begin with.


Until you have kids then the equation becomes totally fucked up bf has 3 kids gets 7k back paid nowhere close to that in taxes....and I can't get back half of what I paid because I didn't have kids.


That is due to EIC. Basically if you don't make enough the government supplements your income. The more kids you have the higher the threshold as well as amount paid increases. It is sort of interesting that the amount they pay goes up the more you earn up to a point than drops. I actually got EIC once since I started working near the end of the year and didn't have any earned income before starting my job. I felt bad for taking the money since I didn't really needed, but once I realized it was free money I didn't really care that much anymore.

As for my tax return, I'll probably buy a nice wristwatch to add to my collection.
Posted 2/12/16
Fix up my apartment.
Posted 2/13/16
It's going straight to my savings account.
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34 / F / Buried under a pi...
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Posted 2/13/16

Sogno- wrote:

pay bills like a good little adult


This is what I'll do too, if I get a refund.

(I changed jobs so it's going to throw things off. *Sigh*)
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21 / F / Florida
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Posted 2/15/16
I'm gonna save it to buy a brand new car
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26 / M / Around
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Posted 2/15/16
Ammo, some gun parts, and tactical gear all work related stuff.
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44 / M / WA
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Posted 2/16/16
Since I don't overpay, there is none; besides as I don't have insurance the only way to avoid the fine/tax is to have nothing for the IRS to seize to offset that so called "liability".
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M / Australia
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Posted 2/16/16
Strange time of year to be discussing this but i'll probably pay it all right onto my credit card..
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33 / M / Baltimore, MD
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Posted 2/16/16 , edited 2/16/16
Well, I bought myself 2DS. More will go to other things in the future.
Posted 3/23/16
I just found out that I"m getting more money after the govt took about 20k in taxes...maybe I'll just add it to my stock and get more dividends..hmmm so many options..
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23 / F / Finland
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Posted 3/24/16
We get our tax refunds in November this year. Like any other year I'll probably buy Christmas presents with the money.
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