Tax Rebate! [Archive]

Orochi Ken

01-18-2008, 09:20 AM

http://www.nytimes.com/2008/01/18/business/18fed.html?_r=1&hp&oref=slogin

Let's not get into an economic discussion.

What will you do with your money?

For me, its a new guitar.

Edit: I have no idea why I wrote Tex.

pherai

01-18-2008, 09:22 AM

Probably hold onto it for fall semester tuition

Shadow Ace 50

01-18-2008, 09:25 AM

Bills...

w1r3d

01-18-2008, 09:29 AM

:u:
yup.

Rooks4

01-18-2008, 09:50 AM

Either pay off some bills, or drop it into my eTrade account. I got some debt from an addition I made to my house, but its sitting on a 0%APR card until like 2009, so im in no rush to pay it down.

Night

01-18-2008, 09:54 AM

I wasn't eligible to get the tax relief when Bush was first elected because the household income was too high, so I'm probably not eligible for this one either.

DarthTrey

01-18-2008, 10:11 AM

mine would go straight towards my student loan lol.

Mr. Bastos

01-18-2008, 10:20 AM

if I get one...probably my credit card..

GETBUZZIN

01-18-2008, 10:20 AM

this is pretty simple. payoff my credit card and hopefully learn to cut up the credit cards they keep sending me.

Geese Pants

01-18-2008, 10:42 AM

Pay off whatever debt I owe.........and save whatever is left.

PaRt2

01-18-2008, 10:56 AM

"I'll tell you what I'd do man.... :pause:... 2 chicks at the same time, man." :rofl:

I'm going to pay off whatever bills/students loans I can and I'll probably take my nephews someplace fun.

AcEtUrNeDjOkEr

01-18-2008, 11:48 AM

CC debt, or get furniture for the house

Rodimus

01-18-2008, 11:57 AM

Hopefully depending on the amount pay off my last credit card then take a nice chunk out of the dreaded student loan. Im gonna call my student loan monday and tell them Im ready to pay like 900 bucks.

Make sure they dont get their hands on my cash. Unless i send it to them. What's the fastest time to get ya money back?? I already have 2 of my w-2's just waiting on the last one.

Figcoinc

01-18-2008, 11:59 AM

I have to pay the legal fees for this bullshit!!!

http://forums.shoryuken.com/showthread.php?t=146875&highlight=arrested+today

beatsofdevil

01-18-2008, 12:22 PM

yeah, I have no idea what these taxes/w-2s are...or how to do them?

Kimosabae

01-18-2008, 12:29 PM

I don't get how this is going to work. Is the federal government imposing some kind of mandate on inflations or something?

-SynikaL

Night

01-18-2008, 12:43 PM

I don't get how this is going to work. Is the federal government imposing some kind of mandate on inflations or something?

-SynikaL

It's not gonna work.

Random Hero 360

01-18-2008, 12:58 PM

I get it back
uh huh uh huh
with turbo tax
yeah yeah

spideyman

01-18-2008, 01:01 PM

bills and get a custom stick from one of the builders here.

rcaido

01-18-2008, 01:03 PM

Two years ago i had to pay IRS $1400, we were surprise...
Last year was $900 we owed...

I'm hoping this year we dont owe anything, planning to get a new couch, electric fireplace, & maybe finally start fixing the back yard...

DarthTrey

01-18-2008, 01:39 PM

I have to pay the legal fees for this bullshit!!!

http://forums.shoryuken.com/showthread.php?t=146875&highlight=arrested+today

They are making you pay for a false arrest? That's bullshit....

Can you sue for the legal fees or something?

beatsofdevil

01-18-2008, 01:41 PM

wait, you pay the IRS?

Figcoinc

01-18-2008, 01:43 PM

They are making you pay for a false arrest? That's bullshit....

Can you sue for the legal fees or something?

After I get acquitted I am going to sue everyone involved. I will get my money back and then some.

tsukihimeblood

01-18-2008, 02:06 PM

a pair of AKG K 701 headphones. wooooooooo...

PaRt2

01-18-2008, 02:13 PM

After I get acquitted I am going to sue everyone involved. I will get my money back and then some.

Best of luck to you man! :tup:

I realize I sound sarcastic but I'm not. Seriously, That's fcuked up!

BIGWORM

01-18-2008, 02:34 PM

Comcast bill and computer upgrades.

Infested Jester

01-18-2008, 02:35 PM

Only $800 something back this year, not sure what I'm gonna get yet.

BIGWORM

01-18-2008, 02:39 PM

I'm looking at $6K, btw, not including this.

DarthTrey

01-18-2008, 03:26 PM

I'm looking at $6K, btw, not including this.

for a return?

BIGWORM

01-18-2008, 03:41 PM

yessir.

maxx

01-24-2008, 11:52 AM

im paying off my taxes wit that ish.

GreyFoxx

01-24-2008, 12:42 PM

Savings for a apartment of pay off bills.

Fenrir171

01-24-2008, 12:43 PM

so wait...

its a $600-800 tax break, in ADDITION to what you wouldve gotten normally?

Arsenal

01-24-2008, 12:44 PM

I'm still unclear... this extra money that we'll be getting is coming this season?

MrBlank

01-24-2008, 12:45 PM

if your single you only get 300 back.

now of course thats plenty nice for me. because i clearly hit below 75k salary. w00t but unfortunately the money is going to cred cards.

Fenrir171

01-24-2008, 12:47 PM

if your single you only get 300 back.

now of course thats plenty nice for me. because i clearly hit below 75k salary. w00t but unfortunately the money is going to cred cards.

but is that in addition to what youd normally get back? or is it just like... youre single... heres a flat $300...

Gasp

01-24-2008, 12:53 PM

i know nothing of our economic system and how it works.
but i know i made WELL below 75k in '07 so im gonna get a flat $300?
my friends an accountant im gonna ask him about it.

if i do get this btw, probably towards a tmo stick <3

DARKHOKAGE

01-24-2008, 01:07 PM

pay some CC bills and use the rest for FR

ChunLi

01-24-2008, 01:07 PM

I lost $300 gambling a few weeks ago. So that $300 is going back into my bank account where it should of stayed.

rcaido

01-24-2008, 01:08 PM

Can someone explain this $300 thing? Is this only if you're single? I be happy if i didn't have to owe them anything for once...

AcEtUrNeDjOkEr

01-24-2008, 01:09 PM

Pays for my 8 day cruise...but analysis are saying that we will not see the money until mid summer at best.

From what I read, i'm getting 600 bucks, why are you guys getting only 300????

tsukihimeblood

01-24-2008, 01:13 PM

well, if it's 300 bucks there's only one thing to do...
buy 100 cups of coffee

DarkMage724

01-24-2008, 01:25 PM

I have a second job that pays tax-free...so no taxes are taken from my check but it's not like I make alot of money there either. Still my co-workers tell me that it's going to hurt me real bad in taxes if I don't write stuff off that I use to do this job. Only thing is, he told me that I need reciepts of each expense but I didn't save shit. I found out about a month ago that I can write off gas, tires, car maintanence, food, anything that I purchased that helps me do my job can be written off. BUT I NEED RECIEPTS! IS THIS TRUE OR CAN I JUST PUT IT DOWN AND HOPE I DON'T GET AUDITED??

Maybe it would be wise for me to use TT for this?

Jedi W.

01-24-2008, 01:28 PM

I don't know why everyone is excited. It's money the government owes you for loans you made them interest free.

...the bigger question you should all be asking is "Will they make us pay it back like last time?"

Save or put it on CC's people.

--jedi\/\/.

pherai

01-24-2008, 01:31 PM

well, if it's 300 bucks there's only one thing to do...
buy 100 cups of coffee

:rofl: I'd rep if I could.

Why would you get a flat $300? That would be a less than most people are expecting.

Koop

01-24-2008, 01:45 PM

everyone here at work is like don't get hype.... in fact ignore it until stipulations and such are given.

luv my job

edit: hell the joint hasnt even passed the house or senate yet......

Nokato

01-24-2008, 01:54 PM

everyone here at work is like don't get hype.... in fact ignore it until stipulations and such are given.

luv my job

edit: hell the joint hasnt even passed the house or senate yet......

Pretty much my feelings exactly. Honestly, it'd depend on whatever was left after bills anyway, but honestly I won't be contemplating until I see a check in my hand. This announcement is a gimmicky to try and calm people down prior to an impending recession, and maybe boost an approval rating somehow. He's still done but, that could be if this inflated refund occurs.

But, the next tax year we'd all be paying it back...trust me.

ChunLi

01-24-2008, 01:57 PM

I have a second job that pays tax-free...

Are you getting paid under the table, or are they 1099ing you?

swerve

01-24-2008, 02:26 PM

A nice new Scotty Cameron Newport 2.5 will go into my golf bag once i get my return.

Yeah Dood 120%

01-24-2008, 02:51 PM

:xeye: Pay taxes with it since I usually pay about $2200 every year... dood.

f_man

01-24-2008, 03:28 PM

gamble it!!

or i might get a bike.

DarkMage724

01-24-2008, 03:38 PM

Are you getting paid under the table, or are they 1099ing you?

Well it's a contract job...so like I'm not an employee of the company but I have a contract to do certain work for a certain amount of time. So I'm leaning towards that 1099 thing you mentioned.

This is my first year working two jobs so I haven't ever dealt with this before.

But yeah any advice as to what I should do if I didn't save reciepts but I have alot of stuff to write off?

Doc Holliday

01-24-2008, 03:50 PM

Think I'm going to step up my game and grab a larger flatscreen T.V. than I already have and get one that's full 1080p.

Either that or Vegas.

ChunLi

01-24-2008, 03:59 PM

Well it's a contract job...so like I'm not an employee of the company but I have a contract to do certain work for a certain amount of time. So I'm leaning towards that 1099 thing you mentioned.

This is my first year working two jobs so I haven't ever dealt with this before.

But yeah any advice as to what I should do if I didn't save reciepts but I have alot of stuff to write off?

You know if you're 1099 you still have to report it. The company that hired you will report what they paid you and they pay half the taxes on it.. the other half is yours to pay. But I'm sure you knew that. Supposedly you end up getting taxed more. It's just your take home is more.

debs

01-24-2008, 05:16 PM

its only 300...
going in the bank. not too much you can really do with 300, IMO. what happened to this 900 dollar thing and 600 they were throwing around yesterday? how'd that shit get cut down to 3 and wtf are lower income ppl supposed to do with only 300? besides the obvious answer.

AcEtUrNeDjOkEr

01-24-2008, 06:00 PM

where are yall seeing 300???? Everything I have seen said 600 for individual and 1200 for couples.

Vynce

01-24-2008, 06:13 PM

I heard last time the nation got a tax break, it was deducted from the following year's refund. Can anyone speak to that? If that's the case, I need to refuse or bank it, since I pay in. Less than $100, but several hundred on top of that...No thanks. How many of you will bank the check if we do get it? That'll rev up the economy!

debs

01-24-2008, 06:14 PM

where are yall seeing 300???? Everything I have seen said 600 for individual and 1200 for couples.i saw it on cnn or yahoo or something.

lol @ the numbers keep changing. i saw 600 on cnn.com now. wtf. like when i got home from work i saw 300...

AcEtUrNeDjOkEr

01-24-2008, 06:30 PM

coming from my accountant....whom i'm sleeping with....she said if they are calling it a tax break, then it will probably non tax deductable, but she said there isn't enough info yet

MrBlank

01-24-2008, 06:32 PM

i saw it on cnn or yahoo or something.

lol @ the numbers keep changing. i saw 600 on cnn.com now. wtf. like when i got home from work i saw 300...

yeah 300 was the tentative price.

i believe they finally agreed on the 600 price though its still a tentative price. Everyone else is reporting 600 to be the single tax deal.

Shin-Mech-Brian

01-24-2008, 06:34 PM

Mine will be spent repaying the taxes I forgot to file in '04/05 probably.

Million

01-24-2008, 09:16 PM

I assume this is on top of whatever tax refund we'd get normally? ..I would hope so. I'd see that as a nice big chunk of rent for a month at a new apartment I will mostly likely move to in the next 2 months or so....I should really look at more places, but this one made such an awesome first impression on me (*the property manager being insanely hot may have colored my judgement just a tad as well)

...or it could go towards a new laptop...or a couple of games with the rest saved...or a big payment on my student loan debt.....or perhaps just a good time at a strip club....there's quite a few options that come to mind.

m00b

01-25-2008, 01:18 AM

well, if it's 300 bucks there's only one thing to do...
buy 100 cups of coffee

Haha.. I think only one other person in the thread got it. I think I'd rather go see Mushu.. the whale who thinks he's better than everyone.

Chozen1

01-25-2008, 04:54 AM

Mine will be spent repaying the taxes I forgot to file in '04/05 probably.

alright brother you're back right on :woot:

ComboMasher

01-25-2008, 05:41 AM

Sorry if this was answered already, but I am still confused about this. Does EVERY working person get this rebate or just families?

Adam Warlock

01-25-2008, 06:32 AM

where are yall seeing 300???? Everything I have seen said 600 for individual and 1200 for couples.

It's 300 if you didn't have to pay taxes, but you had income of $3,000 or more. They're also talking about giving $300 per child to households. Upper limit on income for the loss. If I'm reading this right, I'm not eligible for this bullshit. :tdown:

BIGWORM

01-25-2008, 06:37 AM

Damn, I pay taxes, + I have a kid = $900?

gdlk?

Orochi Ken

01-25-2008, 08:17 AM

Passing some notes on from my accountant:

You are eligible if you are single and make under $75,000 or married and your combined income is less than $150,000.

The money you get is on top of the refund that you would normally get.

I have not heard anything about bonuses for children.

DarkMage724

01-26-2008, 07:41 AM

You know if you're 1099 you still have to report it. The company that hired you will report what they paid you and they pay half the taxes on it.. the other half is yours to pay. But I'm sure you knew that. Supposedly you end up getting taxed more. It's just your take home is more.

Even if I do end up getting taxed more (knowing my luck this will probably be the case) shouldn't the write off's make me break even? If not get something a little back? I mean seriously...for what I make compared to how much I end up spending in order to do my job should make me eligible for some money back...

My concern is the fact that I DON'T HAVE RECIEPTS to prove that I spend money in order to do my job. What can I do about this?

Autocrat1

01-26-2008, 01:46 PM

coming from my accountant....whom i'm sleeping with....
WHAT'S IN YOUR WALLET?! :tup:

Uh anyway, I'm paying debt but that's kind of predictable.

So after that jizz, this will be the PERFECT opportunity for me to own a pair of expensive-asshair Bose headphones before I die.

BORIStheBLADE

01-26-2008, 01:48 PM

probably buy a couple of cigars and pay some bills.

Chozen1

01-27-2008, 09:00 PM

Yasashiyama

01-27-2008, 10:58 PM

What I'm spending it on? EVO! :tup:

.Free.

01-28-2008, 02:59 AM

thats one car payment for the car i just bought... so it's going towards that.

KnuckIfYouBuckley

01-29-2008, 10:38 AM

PS3 + DR + HRAP3.

Whatever's left after that will go to savings.

AcEtUrNeDjOkEr

01-29-2008, 10:43 AM

WHAT'S IN YOUR WALLET?! :tup:

Uh anyway, I'm paying debt but that's kind of predictable.

So after that jizz, this will be the PERFECT opportunity for me to own a pair of expensive-asshair Bose headphones before I die.

Which ones you thinking of getting? Series 2 or 3?

The_Trigger

01-29-2008, 12:15 PM

Straight to the bank. Just got a Wii, don't really need anything else.

Autocrat1

01-29-2008, 12:54 PM

Which ones you thinking of getting? Series 2 or 3?
Aren't those the Bose sound systems itself? I just want a pair of their headphones lol. The day a white teacher calls me a nigga and I sue his pants off for a boat, a mansion, and two white women with flat butts is the day I own a Bose SYSTEM, tax rebate included playa. :cool:

akumatrunigga

01-29-2008, 01:53 PM

Well to be honest since im so pressed in getting a house most likely ill add it to the refund im getting from uncle sam, plus the money i currently have in the savings. So most likely by the end of the year i'll have at least 3000 towards a downpayment and get one of those downpayment assistance programs too while cleaning up the credit. :wgrin:

Galactic

01-29-2008, 02:11 PM

What about the people who filed their taxes early?

^_-;

AcEtUrNeDjOkEr

01-29-2008, 02:18 PM

Aren't those the Bose sound systems itself? I just want a pair of their headphones lol. The day a white teacher calls me a nigga and I sue his pants off for a boat, a mansion, and two white women with flat butts is the day I own a Bose SYSTEM, tax rebate included playa. :cool:

Naw, the series 2 headphones surround your whole ear (as like music studio earphones) and Series 3 just sit on your ears.

NegroNinja

01-29-2008, 02:18 PM

Guh..did this shit just pass? Hooo boy.

Dr. G-Funk 94'

01-29-2008, 06:25 PM

http://www.boston.com/news/nation/washington/articles/2008/01/29/house_passes_stimulus_plan/

Million

01-29-2008, 06:43 PM

ah, dammit with the wording...."tax rebates of up to $600 for individuals" <---so, it won't be a cool 600 for every single person, then...I guess. I would hope to be wrong on this, as I could really use a guaranteed extra 600 bucks in the next few months.

PBalla

01-29-2008, 09:59 PM

anyone here inform me on how i know whether or not i need to file a 1098-T for tuition?

Colt Steele

01-30-2008, 06:29 AM

So they're giving some money back. I'm saving it. Nice of them to acknowledge the real estate market helped create this economic slump.

akumatrunigga

01-30-2008, 07:11 AM

So they're giving some money back. I'm saving it. Nice of them to acknowledge the real estate market helped create this economic slump.

as long ive been in the industry i grow tired of the media putting the finger on real estate. Shit to be honest if those dayum lenders didnt give out subprime loans then we wouldnt have this "real estate bubble" Read this (http://forums.shoryuken.com/showpost.php?p=4749667&postcount=323)

AcEtUrNeDjOkEr

01-30-2008, 09:15 AM

as long ive been in the industry i grow tired of the media putting the finger on real estate. Shit to be honest if those dayum lenders didnt give out subprime loans then we wouldnt have this "real estate bubble" Read this (http://forums.shoryuken.com/showpost.php?p=4749667&postcount=323)

TRUTH!

Its both actually, the lenders who say "yea, you can afford 500k house" and you KNOWING you make $25k a year....shit doesn't add up!

Colt Steele

01-30-2008, 04:33 PM

a k a . J o h n

01-30-2008, 04:50 PM

I have a question, I worked as a seasonal temp. employee on best buy for like 3 months. Will I be getting that W2 form for my taxes?

akumatrunigga

01-30-2008, 05:07 PM

I didn't mean them allowing people to buy shit they can't afford, that's equal blame. I mean them gouging the prices in the first place, B-more housing isn't that terrible but MoCo and the nearby areas on the Beltway are atrocious and everyone knows it.
i knew what you meant but it just irks me everytime i look up the news they are talking this crap. It fucks up my business cuz everyone scared like shit. To be honest it is great time to get a home now if you have solid credit. These are one of the many reasons why we are doing commercial as a focus. Again it isnt as bad as it seem. In the dc area prices are actually going down. What makes things out of wack is that since 1990 the income of americans is going down while homes are continuing to rise (they havent fallen off hardly at all). Actually the real estate market is back to normal imo. I say this that within 2003-2006 there was an excessive boom and unheard of existing home sales where in 2005 there were a record amount of homes sold. Suddenly, things slowed down (as the real estate market always do) 2007 things went back to normal, then media as usual take it out more than it seems.

Shin-RoTeNdO

01-30-2008, 05:23 PM

This year... taxes will have to be saved for rent (moving out of base housing) and moving expenses. Should have enough for an HDTV (want a new one or upgrade). The rest will be split into savings and investing in my stocks on sharebuilder. Someone mentioned etrade, how does that compare with sharebuider as far as fees and such?

Shin-RoTeNdO

01-30-2008, 05:26 PM

I have a question, I worked as a seasonal temp. employee on best buy for like 3 months. Will I be getting that W2 form for my taxes?

Yes. Probably don't have to worry about claiming it this year because you probably didnt' make much, but you will next year.

I started working part-time at Gamestop in Nov '06 and got a W-2, which I could have filed later becauase I didn't make enough and didn't really owe anything. Depends really, but if you want to be safe, wait for the W-2 to come in and claim it along with any other W-2's you received.