MasterShake

iTrader: (1)

I just finished e-filing and am looking at a $2500 return.

Now, I am pondering getting the A-spec suspension + comptech rear sway; getting A-spec rims; or being wise and paying off loans or investing.

I'll probably go with option three, but reading these forums is making me think otherwise.....


So what are you guys going to do with your TL's with your tax returns?




(This can probably go under ramblings, but I like you 3rd gen guys. Mods move at will!)

rets

I don't mind seeing it... especially you "save" some $$ for your TL...

TLNJ

Well as a CPA (and despite what my friends say it does not stand for Constant Pain in the Ass) I suggest the following:

A - Double check your return, just in case. I've seen a few cases where people were expecting refunds of XX amount and for the gov't to only give yy...and their stuck w/more debt.
B - Payoff the loans and invest accordingly.

But if it was me, I'd go w/the ASPEC suspension and sway bar...but that's just me.

Thorin78

I agree with paying off the loan if you have any. I'm getting a $2K+ return but that is going towards paying my property taxes.

jmn4667

My $3000+ return went for some things that needed doing around the house, like new carpeting. I have no debt so that's not a concern of mine. As for the TL, bone stock (save the K&N air filter) is perfectly fine for me.

Twenties

I still gotta do mine this week, but now you've given me an idea: use the $$ for my new wheels. brilliant!!

as far as paying off loans, my refund wouldn't make much of a dent.

mickey3c

I owe uncle sam .. I never let him hold on to my money.. I hold on to his...LOL...

vp911

Sadly I owed sam some money this year. No extra toys for my TL.

Oswald Vater

Our return will go towards new carpeting for the home and a down payment on a motorcycle we've been looking at!

rifleman-cl

Just get the rear sway bar & invest/pay down any debts...

SMF-TLS

Another CPA here. Yes, double check that return and pay down your debt.


Yet again, it is your money, do with it whatever makes you happy.

PG2G

Live Nudes!

04AcuraTL

my tax return is goin towards my depts, if not i woulda just saved it on the side for a rainy day, u never know when it comes, n hey they jus might take the nice TL from ya

aakent

And then don't foget..... adjust your withholdings. I dont know why peolple get so excited when then loan there money interest free to the gevernment all year long, loose value from inflation and pay interest to other debts. Getting refunds is bad, paying a deffered tax in april is good. I've never liked that government savings plan called a *refund*.

Hawhyen51

I had some cash saved up for my wheels and springs, but that's kinda gone by the wayside. Gottat pay and it sucks. I think I'll just do the springs and save up some coin. Already adjusted my withholdings for this year. Oh well, that's life. Now for the "Honey Do" list, lol.

MasterShake

iTrader: (1)

This is what I'm probably going to do IF i do something to my TL.



it is a sham, but not everyone is as responsible with their money as they should be, so this "refund" is good for them. I just like stuff more than money.

rifleman-cl

Changing the rear sway bar is the cheapest way to improve handling. It cuts down the body roll alot. I changed it.

PG2G

So the best idea is to adjust your witholdings to the point where they pretty much don't take anything out, dump it all in a decent savings account (i.e. ING) or other 'safe' investment, and pay up come april and keep the interest?

TLNJ

Wow, no I wouldn't recommend that, either. Somewhat complicated, but if you did that you could be subject to penalties....I think...CPA=Can't Pass Again.

aakent

No penalties... all you have to do is pay in 100% of last years actual tax bill or 90% of this years actual tax.

TexasCatfish

With all non-salary revenue I get (commission checks, bonuses, tax returns, and other windfalls), I invest 40%, I put 40% toward long term debt, 10% towards short term debt, and blow 10% on anything I want to blow it on. The key is to live below or at your means, with your means being defined as your salary. That way, everything else is gravy.

If I don't have any short term debt, I get to decide how to spend the extra 10%, or where to invest it.

vp911

Good strategy...
If only I was that disciplined.........