Comments on: It’s the Refund Meme! And This Time, You Can Win Big!

By: m fox

m fox — Tue, 17 Mar 2009 13:37:55 +0000

I would use it to pay for the costs of my baby’s babysitter

By: GT

GT — Tue, 17 Mar 2009 13:24:41 +0000

We would replace some of the $$ we spent out of our savings to get a high MPG, little car, however this is the first year we have had to pay.

By: Bruce Cameron

Bruce Cameron — Mon, 16 Mar 2009 19:37:32 +0000

The pilot in me says spend my refund on flying time. The adult in me figures that it will go towards upgrading business equipment. A boring solution, but one that insures a refund in the future.

By: Jay Thompson

Jay Thompson — Mon, 16 Mar 2009 19:27:47 +0000

What’s a “tax refund”?

If I got one, I’d buy a cup of Starbucks, because I’d be lucky if I got enough for that.

However, since I’m not, I won’t. Which is exactly the same as last year’s plan.

By: Gilbert Marlowe

Gilbert Marlowe — Mon, 16 Mar 2009 19:25:53 +0000

1) Buy a new bicycle, shoes, and bike rack.

2) No way. My wife and daughters will spend it before I can. Maybe I’ll end up with a copy of Bicycling magazine.

@CrazyOnYou

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By: Elizabeth Gamez

Elizabeth Gamez — Mon, 16 Mar 2009 18:48:39 +0000

ALL of it will go into my savings account. If I had to spend it, I would use it as a down payment on the 2010 Camero I want.

By: Betty Lee

Betty Lee — Mon, 16 Mar 2009 18:28:44 +0000

I work out my withholding in advance so that my taxes owed is as close to zero as possible. Usually, I err on the side of paying just a little bit of tax. In other words, I never plan to get a refund. Getting a refund is merely giving the government interest-free money. (Reposting because I just read the part about having to include my full name. Please ignore the other comment.)

By: Rick

Rick — Mon, 16 Mar 2009 16:58:56 +0000

If I could do whatever I wanted I’d use it to take a vacation to somewhere relaxing, like say Hawaii.

What I actually did was fund my wife’s IRA. In fact the reason we had a refund was due to making the IRA deposit by April 15 for the previous year. This is advice I give to clients and especially ones who are eligible for the savers credit.

By: JBruce

JBruce — Mon, 16 Mar 2009 16:01:33 +0000

I know this is kind of crass, but (a) I am expecting a modest refund this year and (b) I will use it to pay my divorce attorney’s bills (she is NOT expected to tender a modest invoice). If I could do whatever I want with it I still would pay her. In the long run it would be a very worthwhile “investment”