glock35ipsc
Colorado
Full Member
Joined: 04/19/2005
View Profile
 Offline
|
Our "refund" was direct deposited, then was split in half and transfered into our Roth IRA's.
2002 GMC 1500HD CC, 6.0L/4L80E/3.73, W4M Performance PCM, cold air intake
1991 Fleetwood Wilderness 25.5 fiver
2005 Mirage 20' Enclosed Snowmobile Trailer, fully finished
2004 Yamaha V-Star 650
1998 Harley Sportster XLH883
2000 Ski-Doo MXZ700 (x2)
|
wa8yxm
Wherever I happen to park
Senior Member
Joined: 07/04/2006
View Profile
Offline
|
I'm still waiting, per the original schedule I should have it this week but with the week early I'd have thought it would arrived last week.
PAY BILLS
Here is a suggestion though.. Perhaps we could all send some of it in to AFFINITY GROUP with a request to upgrade these crash-o-matic servers (As I type it's crashed again rozzin,friggin,frizzin,froggit)
Nothin adds excitment like something that is none of your business
John is Near Kenwood TS-2000 housed in a 2005 Damon Intruder 377
|
chrisnpat
Gurnee,Il
Senior Member
Joined: 06/11/2004
View Profile
|
Bills,Bills, and more Bills.
Christine
|
Shendoh
Baltimore
Full Member
Joined: 06/04/2003
View Profile
Offline
|
LisaCSCO wrote:msmith1199 wrote:LisaCSCO wrote:dont forget to save a percentage of the check to pay the taxes on this money next year 
I don't think that's supposed to happen this time around.
that will be great then!! Just receieved letter from IRS Monday 05/05; Rebate does not apply to income.
And if you ever claimed any federal refund as income, I'd like to sell you a bridge.
You might get back to three years amended returns. How long have you been doing this?
Shendoh
|
msmith1199
Central, CA
Senior Member
Joined: 10/07/2001
View Profile
|
Shendoh wrote:LisaCSCO wrote:msmith1199 wrote:LisaCSCO wrote:dont forget to save a percentage of the check to pay the taxes on this money next year
I don't think that's supposed to happen this time around.
that will be great then!! Just receieved letter from IRS Monday 05/05; Rebate does not apply to income.
And if you ever claimed any federal refund as income, I'd like to sell you a bridge.
You might get back to three years amended returns. How long have you been doing this?
If your state allows you to write off your federal income taxes from your state taxes, then a federal refund may be taxable in your state the next year. California does not allow this. But you can write-off your state income taxes on your federal return, so if you get a refund on your state taxes it is generally taxable on your federal return the next year.
2004 National Tropi-Cal T-350, Class A, Triple slide, 330 HP Cat DP.
2006 Dodge Dakota 4x4 or
2002 Harley FLSTF Fat Boy on a Trailer or
2004 Polaris Quad on the Trailer
|
|
|
Shendoh
Baltimore
Full Member
Joined: 06/04/2003
View Profile
Offline
|
msmith1199 wrote:
If your state allows you to write off your federal income taxes from your state taxes, then a federal refund may be taxable in your state the next year. California does not allow this. Pennsylvania is the same msmith1199 wrote: But you can write-off your state income taxes on your federal return, so if you get a refund on your state taxes it is generally taxable on your federal return the next year. not sure about this part, it's been so long since I ever received a state refund, and then it only amounted to a couple of bucks.
I'll have to research this at least for Pa.
|
msmechanic58
Alabama
Senior Member
Joined: 05/20/2005
View Profile
Offline
|
We are paying off a loan.
mechanic58, msmechanic58 and a kiddo mechanic 7
2001 Dodge Ram CTD
2006 Keystone Cougar 289EFS 
Kodak DX7590 10X optical zoom
"Our truest life is when we are in our dreams awake." -
Henry David Thoreau
|
msmith1199
Central, CA
Senior Member
Joined: 10/07/2001
View Profile
|
Shendoh wrote:msmith1199 wrote:
If your state allows you to write off your federal income taxes from your state taxes, then a federal refund may be taxable in your state the next year. California does not allow this. Pennsylvania is the same msmith1199 wrote: But you can write-off your state income taxes on your federal return, so if you get a refund on your state taxes it is generally taxable on your federal return the next year. not sure about this part, it's been so long since I ever received a state refund, and then it only amounted to a couple of bucks.
I'll have to research this at least for Pa.
I also usually owe the state more money. This year I had to pay another $1200 to the state. But now I can add that $1200 to my itemized deductions on my 2008 income taxes. Actually Turbotax will do it automatically for me.
|
BrandonR
Oregon
Senior Member
Joined: 04/12/2006
View Profile
|
Hire a contractor to build an RV pad. The materials and labor is local and it enhances the value of your property.
Brandon Reed
Albany, OR
|
