Post # 1
I know it’s early, but it’s never too early to think of ways to spend your tax return! DH and I are anticipating a return based off 1) retroactively applying my married status to income that I was taxed at the higher rate for singles before I was married in 2012; 2) the tuition we pay for DH’s schooling; 3) the income sales tax of our purchases since Texas doesn’t have state income tax; and 4) the interest we paid on my student loans. With the return we plan on paying off the remainder of my Bar Loan. I wish it was more exciting but I’ll be so glad to be able to write, “Paid in Full” on the bottom of that check. lol
Post # 3
Ah, nice. I’m not expecting one, but then, I don’t pay taxes either since I work abroad (and as a bonus, I also don’t have to pay taxes to the other country either!) so it probably evens out.
Post # 4
I have reasons to expect I might get one this year. Last year, I had to pay because of all my financial aid in excess of tuition and student fees. I got my 1098 for this year and it appears I won’t have a problem with this. The only question is whether or not taxes have been coming out of my checks for my stipend. It looks as though they have because there is a larger amount on top and then a smaller amount that I actually receive. I’ll be really bummed if I end up having to pay again. A windfall from the tax returns would be really nice.
ETA: Anything we get from the tax returns will go to wedding/savings account. (Whatever we have left after the wedding is our savings.) FI might buy himself some Magic cards.
Post # 5
I am getting my dream ring!! Currently I have a CZ in stainless steel. Once FI’s tax return comes in, we are ordering my moissanite solitaire that I have been drooling over for months. I cant wait!!
Post # 6
I won’t, but DH will. And since my money is my money and his money is my money …
It would be awesome if we had a house at that point, so the money would likely go towards the mortgage, investments, or furnishing the house depending on where things are at that point in time.