How much is YOUR tax refund going to be?

[CaptMurdock]

~$4,800. Boy, do I love TurboTax e-file!

Gotta replace the iBook G4 with something a little less primitive, I'm thinking. 😎

 

[125037]

UPDATE: I live in FL and I have a brightfutures scholarship. For some reason I am getting an additional 900 back from them and I don't know why! Bringing me somewhere around $3200! Being 19 Filing single and 0; Im impressed!!!

$1.50

Were you being serious?

 

[Gregg2]

I would rather give more to the feds every year and get a nice return rather than face potential financial ruin if I end up owing anything.

But you don't have to end up owing anything! Getting a substantial refund removes the opportunity to save the money, and earn interest on it at least. You should be able to tweak your withholdings so that you get a smaller refund without having to pay. What you seem to be saying is that if you had more, you'd spend it, not save any. But, you're not spending what the government is borrowing from you, so you really should be able to save some. Yeah, the government is saving it for you, but you don't get the interest. You don't come out ahead.

 

[King Mook Mook]

$0. Well, I don't pay taxes so I can't really expect a refund (or should I)? 😛

 

[125037]

UPDATE:

Apparently, I'm in a new tax bracket so they took some from me 🙁

My final and (for sure) return is $2508. 🙁 Oh well.

 

[dmr727]

When I get a big refund, I kind of feel like an idiot for not managing my finances properly.

But boy does it feel good otherwise. 🙂

 

[steve2112]

I finally broke down and did mine. $92 federal, but I owe a whopping $14 to the state. All in all, not too bad.

 

[GnrlyMrly]

+$460 Fed
+$177 State

🙂

 

[zioxide]

$125 :/

 

[Counterfit]

$6 wooo!

I haven't done the state yet though.

 

[GP1138]

We're getting upwards of $5k thanks to our son, and our mortgage taxes. Since I just got a promotion at work, and I sold my 2008 Penryn MacBook Pro, I'm going to splurge a little and get a 2.8ghz MacBook Pro. I'm very disappointed they didn't announce Core i7 MBP's at the iPad event, but I guess that's just the nature of the beast. The MBP will last me a good while. I'm waiting with bated breath for the refund to deposit!!

 

[Melrose]

$6 wooo!

I haven't done the state yet though.

Don't spend it all in one place...

 

[RawBert]

$1500 for me.

I've thought long and hard about how to spend it.

I'm blowing it all on drugs and hookers!😀

 

[theITGuy]

Slightly more than the 8K with the first time home buyer credit I qualified for 😀

-J.-

 

[ucfgrad93]

No refund for me this year, I owe.🙁

 

[mstrze]

We're getting upwards of $5k thanks to our son, and our mortgage taxes. Since I just got a promotion at work, and I sold my 2008 Penryn MacBook Pro, I'm going to splurge a little and get a 2.8ghz MacBook Pro.

Did you include the proceeds from the sale of the MBP as part of your income?

 

[quadG5guy]

Only about $18k this year. Damn sour economy. 🙁 Refund was $25k two years ago, I bought my wife a new car with it (her birthday is around that time).

 

[125037]

Only about $18k this year.

Showboat. 🙁

 

[Gregg2]

$1500 for me.

Wow!

We're getting upwards of $5k !!

Amazing!

Slightly more than the 8K

More amazing!

Only about $18k this year. 🙁 Refund was $25k two years ago, I bought my wife a new car with it (her birthday is around that time).

I'm speechless.

My condolences to all of you. Wish I just had the interest the government got from taxpayers like you!

 

[mstrze]

Only about $18k this year. Damn sour economy. 🙁 Refund was $25k two years ago, I bought my wife a new car with it (her birthday is around that time).

So, you REALLY couldn't use an extra $1500-$2000+ a month?😕

 

[quadG5guy]

So, you REALLY couldn't use an extra $1500-$2000+ a month?😕

Absolutely I could. My Virginia personal property tax bill is due in May, and will be around $7k. So basically I have to immediately deduct that from my return to pay that bill. That leaves $11k left over for this year. 100% of that will go into my 401k for the year (otherwise I'll have to pay income tax on that $11k next year).

So no, I don't get a shopping spree or extra pocket money from my return.

Being self employed, I'm paying DOUBLE the percentage of federal and state taxes than the average worker (your employer pays half and you pay half. In my case, I pay both halves). Taxes aren't fun. 🙁

 

[Prof.]

Only about $18k this year. Damn sour economy. 🙁 Refund was $25k two years ago, I bought my wife a new car with it (her birthday is around that time).

I'm so glad you have the luxury to complain about an $18,000 tax return. 🙄

 

[Mr. McMac]

Sad to say, I owe Uncle Sam a few thousand 🙁

 

[dukebound85]

I'm so glad you have the luxury to complain about an $18,000 tax return. 🙄

i know, pretty tacky

 

[it5five]

My condolences to all of you. Wish I just had the interest the government got from taxpayers like you!

Who cares? Not everyone is an anti-government zealot like you. It doesn't bother me at all if I get back a large refund and happened to give the feds an "interest free loan".