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The "Stimulus Plan" - Page 2

Poll Results: How will you spend your "Stimulus Plan" $$$$

 
  • 48% (94)
    I will pay off some bills. Credit Card, Medical debt, Car Debt
  • 4% (8)
    I will go on vacation! Cruise, Camping, Disneyland passes
  • 7% (15)
    It will go toward monthly expenses, ie food, heat, water
  • 30% (59)
    It will go into savings
  • 0% (1)
    It will go to clothes, date night, personal treats ie massage
  • 9% (18)
    I will spend it on something I want, but could not afford before ie Big Screen TV, Camcorder
195 Total Votes  
post #21 of 87
2/16/08 at 5:14am
my dh wants to put it towards a harley

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post #22 of 87
2/16/08 at 5:23am
All of the above....
post #23 of 87
2/16/08 at 6:15am
We will probably use it for daily expenses. I might use some of it though for classes for dd. She wants to take dance again and there always seems to be some interesting community ed things. Or we might join a homeschool co-op next fall so we could use it to pay the fees for that.
post #24 of 87
2/16/08 at 7:24am
I will not be getting any stimulus plan money...if I did get some I would be using it to pay my larger than expected, giant tax bill...ironic....
post #25 of 87
2/16/08 at 10:00am
I voted wrong- I was thinking regular tax refund which is mostly going to debt (home improvement loan and medical bills). I have no idea what we will do with the stimulus check- probably save some and purchase an outdoor climbing toy for DS.
post #26 of 87
2/16/08 at 10:06am
we'll be putting it toward new doors for our didn't realize how drafty this house was when we bought it last spring. so, it's a project we'd be doing anyway but we'll be able to do all the doors at once in stead of waiting til next spring to do the 3rd one. exciting, huh? oh well...
post #27 of 87
2/16/08 at 10:27am
Debt. And maybe some books/supplies for my return to school.

Our regular tax return is buying me a new couch this year.
post #28 of 87
2/16/08 at 10:53am
Quote:
Originally Posted by Arduinna View Post
I doubt we will be getting any.
Because your income is too high, or for another reason?

Quote:
Originally Posted by Stace View Post
Yeah, that does count. The amount you receive is based off of your 2007 return that you just filed. So anyone that doesn't file is SOL. In fact, there are people that normally wouldn't have to file that are being encouraged to do so because they are entitled to a stimulus check, and filing a return is the only way to get one.
You can get the money even if you don't file in 2007 by filing in 2008 - you just won't get it this summer/fall. It's going to show up as a credit on the 2008 return that, if you got the right amount in 2008, will just cancel itself out.
post #29 of 87
2/16/08 at 10:59am
Half into the loan we just took out to water proof our basement, and half on tickets to central america to visit the fam.
post #30 of 87
2/16/08 at 11:10am
I think savings. We were expecting to have to pay fat taxes, but now we're getting a refund and this! We save to subsidize my staying home longer and longer, and to help us move into a bigger house in a couple years (in crazy expensive CA).
post #31 of 87
2/16/08 at 11:30am
We're going to pay off our van and also get it fixed.
post #32 of 87
2/16/08 at 11:47am
How do I figure out how much we're getting?

Our tax refund, I'm setting aside for a modest, in-state vacation this summer. I might add this to that savings.
post #33 of 87
2/16/08 at 12:15pm
I donated my last rebate to charity, so will probably do the same with this one. Sticking it to the man in my own little way
post #34 of 87
2/16/08 at 12:17pm
We're borrowing this money from the future, so it's getting split between my kids' 529 accounts. Truthfully, it's their money, because they'll be the ones paying it back.
post #35 of 87
2/16/08 at 12:17pm
Am I right? We had zero liability in '07, which pushes our married rebate from $1200 to $600....but we have 2 qualifying children as well, so that's another $600, right?

I hate figuring this stuff out. Anyway, I will use it to pay for my dog's health testing (hips, elbows, eyes, hearing, thyroid, and heart) and fund the kiddos' 529 plans. If I get it.
post #36 of 87
2/16/08 at 12:30pm
Quote:
Originally Posted by mesa View Post
Am I right? We had zero liability in '07, which pushes our married rebate from $1200 to $600....but we have 2 qualifying children as well, so that's another $600, right?

I hate figuring this stuff out. Anyway, I will use it to pay for my dog's health testing (hips, elbows, eyes, hearing, thyroid, and heart) and fund the kiddos' 529 plans. If I get it.
How does one figure liability?
post #37 of 87
2/16/08 at 12:38pm
other.
some for bills.
some for the new ps3 dh "needs".

eta- I play videogames more than he does and I have an xbox 360 already, so it's kind of ironic.
It's really about the BlueRay player
post #38 of 87
2/16/08 at 12:47pm
Quote:
Originally Posted by RubyWild View Post
How does one figure liability?
when you file your '07 return, will you get back every penny you paid in federal taxes (due to low income, like us) or will you owe extra? Look on line 27 of form 1040...it will tell you your "taxable income" which for us, was 0.
post #39 of 87
2/16/08 at 12:50pm
Paying the midwife and buying clothes for baby and kids.
post #40 of 87
2/16/08 at 12:57pm
Other - We'll probably spend it towards stuff for my business - either a lens or two or another camera.

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