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"How will you spend your tax refund?" Topic


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Personal logo Editor in Chief Bill The Editor of TMP Fezian15 Jul 2020 9:29 p.m. PST

The U.S. income tax deadline is behind us now, and some of us are getting tax refunds. If you are getting a tax refund, will you spend it on the hobby, and if so, what general kinds of things will you buy?

* rules
* minis
* terrain
* paints
etc.

The Beast Rampant15 Jul 2020 9:59 p.m. PST

Probably use my Federal refund to pay my State.

Striker15 Jul 2020 10:54 p.m. PST

Bills.

ZULUPAUL Supporting Member of TMP16 Jul 2020 1:22 a.m. PST

Bills also.

Arjuna16 Jul 2020 3:04 a.m. PST

No, I will invest in the higher education of my daughters.

John Leahy16 Jul 2020 3:36 a.m. PST

No refund. Gotta pay.

nnascati Supporting Member of TMP16 Jul 2020 3:37 a.m. PST

Most of federal pays state, the little bit left over goes into savings.

jurgenation Supporting Member of TMP16 Jul 2020 4:16 a.m. PST

No refund…No pay..even.

Stryderg16 Jul 2020 4:21 a.m. PST

It's not a refund, it's your change…you over paid.
And I used the Fed money to pay my state bill.

79thPA Supporting Member of TMP16 Jul 2020 5:08 a.m. PST

I filed mine pre-Covid and put it aside as a vacation fund.

jdpintex16 Jul 2020 5:15 a.m. PST

Filed my pre-Covid too. Paid them a pittance.

I think I paid for/bought a tire for a F-22.

Dukewilliam Supporting Member of TMP16 Jul 2020 5:51 a.m. PST

By paying back taxes.

whitphoto Supporting Member of TMP16 Jul 2020 6:41 a.m. PST

Paying off debt, anything left gets saved for a downpayment for a house.

Legion 416 Jul 2020 7:07 a.m. PST

No refund … I don't have to do taxes … evil grin

mckrok Supporting Member of TMP16 Jul 2020 7:40 a.m. PST

:( Had to scratch out checks for over $5 USDK. No refund bump coming my way. I'd hate to overpay in the first place.

pjm

Thresher01 Supporting Member of TMP16 Jul 2020 7:42 a.m. PST

No refund, sadly………..

Shagnasty Supporting Member of TMP16 Jul 2020 7:50 a.m. PST

Although we filed early it has still not been returned, probably because it was paper rather than electronic. If and when, we shall see.

cfuzwuz Supporting Member of TMP16 Jul 2020 7:53 a.m. PST

Got my wife's car tuned up and checked out. $1,100. USD Paid off my Amazon addiction card.$1,000.

Frederick Supporting Member of TMP16 Jul 2020 8:07 a.m. PST

We Canadians are spared that concern

Actually since I am working I am not eligible for any of the Canadian stipends/relief programs

Garand16 Jul 2020 8:07 a.m. PST

Like everyone else, most of it is going to pay state taxes. I usually spend around $50 USD on myself, though this year I dropped $75 USD on a model kit (sadly not wargames related, a Sh'ot ca. 1982 model kit in 1/35 scale). The remainder goes into the bank to save up for a trip to Ecuador once the quarantine ends.

Damon.

Eclectic Wave16 Jul 2020 8:23 a.m. PST

Exactly what the government doesn't want me to do with it.

Bank it.

Grelber16 Jul 2020 9:01 a.m. PST

Submitted ours April 15 and we are still waiting to get our refund.

Grelber

torokchar Supporting Member of TMP16 Jul 2020 9:29 a.m. PST

No refund, had to pay mailed it last night.

But if I did get one I would buy more Ammo and maybe another gun.

Hamilton16 Jul 2020 11:02 a.m. PST

Refund on state but net payout with Fed.

Personal logo etotheipi Sponsoring Member of TMP16 Jul 2020 11:05 a.m. PST

Got my refund in Feb. It was a pittance. I aspire to be in the group to pay them a pittance; just not there yet.

BTCTerrainman Supporting Member of TMP16 Jul 2020 11:07 a.m. PST

What is a tax refund?

RudyNelson16 Jul 2020 11:17 a.m. PST

A couple of board games, roses in the yard and hospital bills is how I spent the stimulus check. Tax refund went to pay off family credit card.

Personal logo etotheipi Sponsoring Member of TMP16 Jul 2020 2:50 p.m. PST

What is a tax refund?

It is a repayment by the government of an interest free incremental loan you gave to them.

arthur181516 Jul 2020 2:59 p.m. PST

Bill, shouldn't this have been posted to the Wargaming in the USA board, as you are referring specifically to the US tax system?

Personal logo Parzival Supporting Member of TMP16 Jul 2020 7:07 p.m. PST

Etothepi nails it. A refund means that you lost money, not that you've gained it.

snurl116 Jul 2020 10:52 p.m. PST

Property taxes

Personal logo Extra Crispy Sponsoring Member of TMP17 Jul 2020 6:14 a.m. PST

Haven't had a refund since 2001…

Legion 417 Jul 2020 8:08 a.m. PST

Yeah I still pay local property taxes … but at a lesser rate. evil grin

Uesugi Kenshin Supporting Member of TMP17 Jul 2020 8:46 a.m. PST

Are you kidding? My wife won't let me near it.

Personal logo etotheipi Sponsoring Member of TMP17 Jul 2020 8:52 a.m. PST

Bill, shouldn't this have been posted to the Wargaming in the USA board, as you are referring specifically to the US tax system?

I didn't assume that. TMP's next biggest demographic (and most other countries) has the same potential for a refund (rebate), if administered in a different way:

link

It is a characteristically American thing to not let the government calculate our taxes for us and to not rely on them to tell us if we are due money (or the other way around).

On the flip side, Americans are almost universally comfortable with a car seller telling us how much car we can afford.

Syrinx017 Jul 2020 5:48 p.m. PST

I am always amazed at how many people have no idea what they can really afford, no idea what a reasonable price is for the car they want and trust a salesmen who works on commission to be 'fair'. Especially when the same people shop at multiple stores to get the best sale prices.

I had a small refund this year for the first time in decades due to a change in employment status. I paid off other taxes with it.

Uparmored20 Jul 2020 9:13 p.m. PST

They're the same morons who think a tax refund is a good thing. You've basically given the .gov a free loan over the year. They also interchange the terms "tax refund" and "tax return". Morons!

I always prefer to owe taxes at the end and pay on the last day before penalties. Then the gov has lent ME money, for free.

I can do lots of things with that money, like pay down debt or invest in hookers and booze interest free before I have to pay it back.

Morons!

Personal logo etotheipi Sponsoring Member of TMP21 Jul 2020 6:11 a.m. PST

Ideally, I would reserve my own taxes and pay the government nothing, then put that money quarterly in a series of rolling 90 day government insured certificates of deposit (low yield, but no risk of losing the money I need to pay my taxes), filing for an extension and paying in the eleventh hour.

Personal logo COL Scott ret Supporting Member of TMP21 Jul 2020 9:31 p.m. PST

No refund this year, had to pay. frown I prefer to be closer to the actual amount due not loan the government my money.

Had I gotten one it would be to finish paying off our daughter's wedding.

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