OSH
Posts: 4,145
Feb 16, 2013 6:10pm
Who's got them done?
This is the earliest I've ever done mine. But, thankful they are done. If it weren't for a couple 1099-MISC, the wife and I would've gotten a nice return. Oh well. We did barely end up on the positive end this year. Still making peanuts though.
Just refreshing to get them out of the way now.
This is the earliest I've ever done mine. But, thankful they are done. If it weren't for a couple 1099-MISC, the wife and I would've gotten a nice return. Oh well. We did barely end up on the positive end this year. Still making peanuts though.
Just refreshing to get them out of the way now.
Ironman92
Posts: 49,363
Feb 16, 2013 6:57pm
We deposited our returns into the back about a week ago.
Midstate01
Posts: 14,766
Feb 16, 2013 7:00pm
State was deposited thursday and federal should be in any day. Getting nearly 6 grand total.
SportsAndLady
Posts: 35,632
Feb 16, 2013 7:13pm
I have to get a freakin Illinois id before I can get mine...$40 to the state...Illinois is the worst.
GoChiefs
Posts: 16,754
Feb 16, 2013 7:26pm
My whole $68 from federal has been deposited. Still waiting on the $103 from the state.
GoChiefs
Posts: 16,754
Feb 16, 2013 7:35pm
I file exempt a lot during the year. I want mine on my paycheck, not at the end of the year.ccrunner609;1390431 wrote:5,300 fed for me
LJ
Posts: 16,351
Feb 16, 2013 7:41pm
ccrunner609;1390431 wrote:5,300 fed for me
Congrats on being horrible with your finances
Trueblue23
Posts: 7,463
Feb 16, 2013 7:44pm
I actually got $1900 back, which is cool. After last year's shitty return, I elected to have more taken out each week. Pretty much like a savings account.
Crimson and Gray Hair
Posts: 384
Feb 16, 2013 7:52pm
Wish I could deal with it sooner. Between my business and my wife's we often need to file an extension.
I never get money back. I plan my quarterly estimates for the least I can legally pay and just need to be sure my wallet's fat this time of year to pay anything due and fund the retirement accounts. I'd rather not give the money to the IRS in advance.
I never get money back. I plan my quarterly estimates for the least I can legally pay and just need to be sure my wallet's fat this time of year to pay anything due and fund the retirement accounts. I'd rather not give the money to the IRS in advance.
LJ
Posts: 16,351
Feb 16, 2013 7:52pm
Or you could get a real savings account, earn interest, and have money available to you in case of emergencies.Trueblue23;1390440 wrote:I actually got $1900 back, which is cool. After last year's shitty return, I elected to have more taken out each week. Pretty much like a savings account.
Tax returns are savings accounts for people who can't handle their money.
M
MontyBrunswick
Feb 16, 2013 7:55pm
I did mine the last week of January. Already got my return back. $200 or so.
Crimson and Gray Hair
Posts: 384
Feb 16, 2013 8:00pm
Savings accounts get you nothing in today's climate - might as well use your mattress.LJ;1390452 wrote:Or you could get a real savings account, earn interest, and have money available to you in case of emergencies.
Tax returns are savings accounts for people who can't handle their money.
Planning for a refund instead just works better for many people. If you can't get your hands on the money then you can't use it for short term urgencies that may occur through the year and still have it coming after filing. I understand why many do it that way. Most of my employees have extra withdrawn from each pay just for that purpose.
M
MontyBrunswick
Feb 16, 2013 8:04pm
wrongCrimson and Gray Hair;1390460 wrote:Savings accounts get you nothing in today's climate
Crimson and Gray Hair;1390460 wrote:Most of my employees have extra withdrawn from each pay just for that purpose.
Most of your employees are idiots, then.
LJ
Posts: 16,351
Feb 16, 2013 8:08pm
Crimson and Gray Hair;1390460 wrote:Savings accounts get you nothing in today's climate - might as well use your mattress.
Planning for a refund instead just works better for many people. If you can't get your hands on the money then you can't use it for short term urgencies that may occur through the year and still have it coming after filing. I understand why many do it that way. Most of my employees have extra withdrawn from each pay just for that purpose.
You get about $150 with an Ally account on $1900. Last I checked, that's >$0.
Also, 6 months in, your car breaks down, it's gonna cost $900 to fix.You claim 0 and you have to scrape by to eat, you claim that $1900 throughout the year, you pay to fix your car, still have money in your savings, don't have to worry about how you are going to eat.
Not to mention most people blow it on something stupid anyway. Like I said, its a savings account for people who can't handle their money.
F
fan_from_texas
Posts: 2,693
Feb 16, 2013 8:09pm
Still waiting on certain family business LP forms before we can file. This is a battle every year.
S
sportchampps
Posts: 7,361
Feb 16, 2013 8:10pm
Got mine done on the 2nd. I already got both refunds. Still waiting on the girl to do hers so we can pay for the honeymoon.
sleeper
Posts: 27,879
Feb 16, 2013 8:19pm
What is Ally's interest rate? $150 on only $1,900?LJ;1390476 wrote:You get about $150 with an Ally account on $1900. Last I checked, that's >$0.
Also, 6 months in, your car breaks down, it's gonna cost $900 to fix.You claim 0 and you have to scrape by to eat, you claim that $1900 throughout the year, you pay to fix your car, still have money in your savings, don't have to worry about how you are going to eat.
Not to mention most people blow it on something stupid anyway. Like I said, its a savings account for people who can't handle their money.
Crimson and Gray Hair
Posts: 384
Feb 16, 2013 8:20pm
Sorry...you are absolutely right. Your logic is infallible! I just have no concept of matters relating to money management.LJ;1390476 wrote:You get about $150 with an Ally account on $1900. Last I checked, that's >$0.
Also, 6 months in, your car breaks down, it's gonna cost $900 to fix.You claim 0 and you have to scrape by to eat, you claim that $1900 throughout the year, you pay to fix your car, still have money in your savings, don't have to worry about how you are going to eat.
Not to mention most people blow it on something stupid anyway. Like I said, its a savings account for people who can't handle their money.
Thank you for the clarification.
LJ
Posts: 16,351
Feb 16, 2013 8:21pm
carried the 1 wrong, it was $30sleeper;1390515 wrote:What is Ally's interest rate? $150 on only $1,900?
LJ
Posts: 16,351
Feb 16, 2013 8:22pm
So you, as a business person, regularly give 0% interest loans?Crimson and Gray Hair;1390517 wrote:Sorry...you are absolutely right. Your logic is infallible! I just have no concept of matters relating to money management.
Thank you for the clarification.
sleeper
Posts: 27,879
Feb 16, 2013 8:22pm
Try like $17. It's .9%. :laugh:LJ;1390519 wrote:carried the 1 wrong, it was $30
Still > $0
LJ
Posts: 16,351
Feb 16, 2013 8:22pm
They compound dailysleeper;1390521 wrote:Try like $17. It's .9%. :laugh:
Still > $0
sleeper
Posts: 27,879
Feb 16, 2013 8:23pm
Oh my bad, $17.34 :rolleyes:LJ;1390522 wrote:They compound daily
Trueblue23
Posts: 7,463
Feb 16, 2013 8:26pm
Or you could blow me, how's that sound? I'll be sure to ask your permission before I do anything else finance related. I do in fact have a savings account, which does draw interest that I haven't touched since I opened the account 3 years ago. My modest tax return goes straight into my savings account, so your assumption that I'm some poor, tax check fiend is ignorant and assholish. Any other other financial suggestions there JP Morgan?LJ;1390452 wrote:Or you could get a real savings account, earn interest, and have money available to you in case of emergencies.
Tax returns are savings accounts for people who can't handle their money.
LJ
Posts: 16,351
Feb 16, 2013 8:27pm
Yes, do you enjoy giving out 0% loans?Trueblue23;1390524 wrote:Or you could blow me, how's that sound? I'll be sure to ask your permission before I do anything else finance related. I do in fact have a savings account, which does draw interest that I haven't touched since I opened the account 3 years ago. My modest tax return goes straight into my savings account, so your assumption that I'm some poor, tax check fiend is ignorant and assholish. Any other other financial suggestions there JP Morgan?