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-   -   What to do with Tax Return (https://www.huntingnet.com/forum/bowhunting/187657-what-do-tax-return.html)

HuntingEd 04-09-2007 11:13 AM

What to do with Tax Return
 
Ok, so the gov't decided they'd let me have some of my money back this year. Still not happy about the rest of the money they stole, but Im atleast happy to get a little back.

The Question now is, do iuse it to help get mea new Hoyt Trykon :) or Put the money in the "Engagement Ring Fund"



Rick James 04-09-2007 11:29 AM

RE: What to do with Tax Return
 
Better yet, put it in a retirement investment. If you claim a 0 on your taxes every year and then take the returns and invest them you will probably retire 5-10 years earlier. This is what I do with mine every year. I hate working, and hope to retire young enough to be able to hunt all day long or be outside all year.

_Dan 04-09-2007 11:33 AM

RE: What to do with Tax Return
 

ORIGINAL: Rick James

Better yet, put it in a retirement investment. If you claim a 0 on your taxes every year and then take the returns and invest them you will probably retire 5-10 years earlier. This is what I do with mine every year. I hate working, and hope to retire young enough to be able to hunt all day long or be outside all year.

Bingo.

HuntingEd 04-09-2007 11:37 AM

RE: What to do with Tax Return
 

ORIGINAL: Rick James

Better yet, put it in a retirement investment. If you claim a 0 on your taxes every year and then take the returns and invest them you will probably retire 5-10 years earlier. This is what I do with mine every year. I hate working, and hope to retire young enough to be able to hunt all day long or be outside all year.
AWW thats no fun[:'(]

I guess it would be the most responsible thing to due... but ive put so much away for retirement already this year!

Quit being so reasonable Matt!!

bigbulls 04-09-2007 11:42 AM

RE: What to do with Tax Return
 
Or better yet, claim the proper ammount of deductions on your W2,takeall of that money that you would have been loaning to the Feds intrest free and place it into an intrest bearing savings account and at the year invest even more money than you would be getting back from theFeds byclaiming"0".

You just gotta have the dicipline to put it into a savngs account every pay day.


Or since you, and probably she, knows about this engagement you might want to make sure she gets a nice ring. ;)

Red Lion 04-09-2007 11:44 AM

RE: What to do with Tax Return
 
I like that the results are 3 to 0 in favor of putting toward an engagement ring! ;):D The retirement idea is a good idea, but if getting married, "butter the bread" up front, pony a little extra for the ladies ring and then you will have cred down the road for hunting "investments."

GR8atta2d 04-09-2007 12:03 PM

RE: What to do with Tax Return
 
The new bow will last 3-5 years before you want a new one..Skimp on the ring and that bride will be gone long before you are replacing the string!

YooperMike 04-09-2007 12:15 PM

RE: What to do with Tax Return
 
[:@]Uncle Sam sent me a bill for $2,000 this year. [:@]

HuntingEd 04-09-2007 12:16 PM

RE: What to do with Tax Return
 
Yea yea, you guys are right, Looks like i'll be putting 1/2 in the ring fund, and 1/2 in the retirement acct... I just was day dreamin a bit there i guess....

Red Lion 04-09-2007 12:30 PM

RE: What to do with Tax Return
 

ORIGINAL: HuntingEd

Yea yea, you guys are right, Looks like i'll be putting 1/2 in the ring fund, and 1/2 in the retirement acct... I just was day dreamin a bit there i guess....
I hear ya buddy, I get caught up dreaming about thingsI want all of the time, especially hunting land.


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