LIFamilies.com - Long Island, NY


RSS
Articles Business Directory Blog Real Estate Community Forum Shop My Family Contests

Log In Chat Index Search Rules Lingo Create Account

Quick navigation:   

How much?

Forum Opinion Poll
None/We owe 11 16.42%
1-500 1 1.49%
500-2000 8 11.94%
2000-3500 9 13.43%
35000-5000 7 10.45%
5000+ 31 46.27%
 

Obnoxious Tax Refund Question

Posted By Message

JenniferEver
The Disney Lady

Member since 5/05

18163 total posts

Name:
Jennifer

Obnoxious Tax Refund Question

Posted 2/12/08 9:49 AM
 

pinkandblue
Our family is complete, maybe

Member since 9/05

32436 total posts

Name:
Stephanie

Re: Obnoxious Tax Refund Question

my dd was a added tax deduction this year Chat Icon Chat Icon Chat Icon Chat Icon

Posted 2/12/08 9:49 AM
 

JenniferEver
The Disney Lady

Member since 5/05

18163 total posts

Name:
Jennifer

Re: Obnoxious Tax Refund Question

Wow for the $5000!!

I don't even think I paid that much Chat Icon

That's AWESOME though. You can really do some damage with that amount...actually I think it would pay off all of my CC debt!


Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon

Posted 2/12/08 9:52 AM
 

MegZee
My bunny

Member since 5/06

8777 total posts

Name:
Meaghan

Re: Obnoxious Tax Refund Question

would be over $5000 if i hadn't sold stock last year.

and of course we OWE state. we always owe state. Chat Icon

Posted 2/12/08 9:59 AM
 

Lisa
I'm a PANK!!!

Member since 5/05

22334 total posts

Name:
Professional Aunts No Kids

Re: Obnoxious Tax Refund Question

we get a heafty return each year but my DH and I both claim single zero through out the year.

I know a lot of people think we shouldnt be giving the govt our money interest free BUT we are not going to put the extra few bucks into a savings acct each month so this is like forced savings for us....

Posted 2/12/08 10:02 AM
 

JenniferEver
The Disney Lady

Member since 5/05

18163 total posts

Name:
Jennifer

Re: Obnoxious Tax Refund Question

Posted by Lisa

we get a heafty return each year but my DH and I both claim single zero through out the year.

I know a lot of people think we shouldnt be giving the govt our money interest free BUT we are not going to put the extra few bucks into a savings acct each month so this is like forced savings for us....



I hear you. If I had the money every month, it would have been a relatively small amount and it would have gone to otehr bills piecemeal. now it's a chunk that will pay off a CC, which I guarantee I'd still be paying off even with the extra $$ in my paycheck every month.

Posted 2/12/08 10:04 AM
 

MrsPJB2007
MBA at your service!

Member since 7/06

12020 total posts

Name:
MJ

Re: Obnoxious Tax Refund Question

i'm quite happy that DH and i will be receiving a very nice refund this year. woohoo!

Posted 2/12/08 10:07 AM
 

melbalalala
Little Lady

Member since 5/07

5014 total posts

Name:
Melissa

Re: Obnoxious Tax Refund Question

Posted by JenniferEver

Posted by Lisa

we get a heafty return each year but my DH and I both claim single zero through out the year.

I know a lot of people think we shouldnt be giving the govt our money interest free BUT we are not going to put the extra few bucks into a savings acct each month so this is like forced savings for us....



I hear you. If I had the money every month, it would have been a relatively small amount and it would have gone to otehr bills piecemeal. now it's a chunk that will pay off a CC, which I guarantee I'd still be paying off even with the extra $$ in my paycheck every month.



Chat Icon But if you used that money every month to pay towards your CC bills, you'd be paying less overall (instead of letting the interest build up)?

We try to get as little refund as possible so that we can save the money throughout the year and earn interest on it.

Message edited 2/12/2008 10:09:44 AM.

Posted 2/12/08 10:07 AM
 

MrsPJB2007
MBA at your service!

Member since 7/06

12020 total posts

Name:
MJ

Re: Obnoxious Tax Refund Question

Posted by Lisa

we get a heafty return each year but my DH and I both claim single zero through out the year.

I know a lot of people think we shouldnt be giving the govt our money interest free BUT we are not going to put the extra few bucks into a savings acct each month so this is like forced savings for us....



totally know what you mean!

Posted 2/12/08 10:08 AM
 

MsMBV
:P

Member since 5/05

28602 total posts

Name:
Me

Re: Obnoxious Tax Refund Question

Posted by Lisa

we get a heafty return each year but my DH and I both claim single zero through out the year.

I know a lot of people think we shouldnt be giving the govt our money interest free BUT we are not going to put the extra few bucks into a savings acct each month so this is like forced savings for us....

We do the same, and since Dh works on a commission scale that can change, we take out additional each paycheck for him to make sure we don't owe at the end of the year.

Posted 2/12/08 10:12 AM
 

photoshopbabe
wow....

Member since 5/07

2197 total posts

Name:
linda

Re: Obnoxious Tax Refund Question

hardly anything-we dont have a mortage or anything to claim.

Posted 2/12/08 10:15 AM
 

dm24angel
Happiness

Member since 5/05

34581 total posts

Name:
Donna

Re: Obnoxious Tax Refund Question

WOW! Over $5000 is amazing!

We owe state..we always owe state.

We got a refund b/c of our son this yr. FINALLY a refund!

Posted 2/12/08 10:18 AM
 

leighla
Support Cancer Research

Member since 5/05

16353 total posts

Name:
Lauren

Re: Obnoxious Tax Refund Question

We have a mortgage and a child and a lot of medical bills last year and we STILL OWE!!!!!

Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon

Apparently we make too much money, have too good of medical coverage, and have too low taxes.

So it's great to be us the rest of the year, it just $ucks at tax time. Chat Icon

Posted 2/12/08 10:19 AM
 

JenniferEver
The Disney Lady

Member since 5/05

18163 total posts

Name:
Jennifer

Re: Obnoxious Tax Refund Question

Posted by melbalalala

Posted by JenniferEver

Posted by Lisa

we get a heafty return each year but my DH and I both claim single zero through out the year.

I know a lot of people think we shouldnt be giving the govt our money interest free BUT we are not going to put the extra few bucks into a savings acct each month so this is like forced savings for us....



I hear you. If I had the money every month, it would have been a relatively small amount and it would have gone to otehr bills piecemeal. now it's a chunk that will pay off a CC, which I guarantee I'd still be paying off even with the extra $$ in my paycheck every month.



Chat Icon But if you used that money every month to pay towards your CC bills, you'd be paying less overall (instead of letting the interest build up)?

We try to get as little refund as possible so that we can save the money throughout the year and earn interest on it.



That would be true if I paid exactly $x more per month to that CC. I don't think that would actually happen. I have soo many bills.

Posted 2/12/08 10:20 AM
 

PotofLuck06
Our Baby Boy Is Here!!!

Member since 11/06

13241 total posts

Name:
Betsy

Re: Obnoxious Tax Refund Question

I'll answer this weekend when we get our taxes done!Chat Icon

Posted 2/12/08 10:21 AM
 

Lisa
I'm a PANK!!!

Member since 5/05

22334 total posts

Name:
Professional Aunts No Kids

Re: Obnoxious Tax Refund Question

Posted by dm24angel


We owe state..we always owe state.




we used to owe the state also, then a few years ago my DH had an extra $15 each paycheck taken out for the state and now we almost even out each year. we get back a little bit BUT not the total extra that we give them each year...

Posted 2/12/08 10:26 AM
 

Ophelia
she's baaccckkkk ;)

Member since 5/06

23378 total posts

Name:
remember, when Gulliver traveled....

Re: Obnoxious Tax Refund Question

Posted by Lisa

Posted by dm24angel


We owe state..we always owe state.




we used to owe the state also, then a few years ago my DH had an extra $15 each paycheck taken out for the state and now we almost even out each year. we get back a little bit BUT not the total extra that we give them each year...



this is what I do b/c I always owed state (especially when I worked on LI...no ONE got my payroll taxes right!) now I claim 1, plus $10 extra out. I end up with teeny state refund, so I know it's the right amount extra.

Posted 2/12/08 10:30 AM
 

Smileyd17
kids

Member since 5/05

20997 total posts

Name:
Mommy

Re: Obnoxious Tax Refund Question

I expected over $5k. We bought a house and had a child in the same yr!

Also, DH is NYPD..they take out ALOT so in the end..its a nice return.

Posted 2/12/08 10:31 AM
 
 

Potentially Related Topics:

Topic Posted By Started Replies Forum
star rebate vs. tax refund? are we getting both? meganNbobby 10/16/06 0 Home
tax question how much are you getting back-if you dont mind me asking raken40 3/21/06 46 Families Helping Families ™
Tax people... I have a question dandj 3/15/06 9 Families Helping Families ™
1099 Tax question agrech 3/13/06 10 Families Helping Families ™
Question about Income Tax. danielleandscott 2/28/06 7 Families Helping Families ™
Homeowners...tax question KaRiSsA 2/3/06 1 Home
 
Quick navigation:   
Currently 497202 users on the LIFamilies.com Chat
New Businesses
1 More Rep
Carleton Hall of East Islip
J&A Building Services
LaraMae Health Coaching
Sonic Wellness
Julbaby Photography LLC
Ideal Uniforms
Teresa Geraghty Photography
Camelot Dream Homes
Long Island Wedding Boutique
MB Febus- Rodan & Fields
Camp Harbor
Market America-Shop.com
ACM Basement Waterproofing
Travel Tom

      Follow LIWeddings on Facebook

      Follow LIFamilies on Twitter
Long Island Bridal Shows