What will you do with your tax return?

But how do you know how much to pay if you haven’t finished your tax return? “Actually, by looking at prior-year returns, you can estimate how much you may owe,” Galloway said. “Even if you don’t have.

It’s time to get your tax return. See how you should spend your well deserved money!

“As you can see. sense to sacrifice a higher expected return in favor of tax savings, because there isn’t any tax due!”.

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What will you do with your tax return? Discussion in ‘2nd Gen. Tacomas (2005-2015)’ started by 85yote09taco, Jan 30, 2011.. It’s all good though. Enjoy your extra cash when you can get it and knock down any higher interest debts ya’ can — no sense in making the financial class better off .

If you don’t have a retirement plan at work or you are already contributing the maximum, use your tax refund to contribute to a Roth or traditional IRA. As long as your income is below the limitations ($110,000 if single, $160,000 on a joint return) you can contribute to a Roth IRA.

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Claim a Refund. If you are due a refund for withholding or estimated taxes, you must file your return to claim it within 3 years of the return due date. The same rule applies to a right to claim tax credits such as the Earned Income Credit. We hold income tax refunds in cases where our records show that one or more income tax returns are past due.

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You may even receive a deduction on your state income tax return if you contribute to your own state’s savings plan. Pay off a 401k loan. Increase the contributions you make to your employer’s 401(k) plan and use the tax refund to make ends meet while the additional contributions are reducing your pay.

How to Check the Status of Your Tax Refund. If you are due money back on your federal or state taxes, you’ll want to know when you can expect that refund check or direct deposit to arrive. If asking about a tax return filed with the United.

What will you do with your tax return? Discussion in ‘General Tacoma Discussion’ started by flyinglentris, Jan 31, 2018. Page 1 of 3 1 2 3 Next > flyinglentris Well-Known Member.