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Tax Time!


Forum: Homeschooling

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  #1  
February 21st, 2012, 09:18 PM
BensMom's Avatar Ephesians 4:29
Join Date: Apr 2005
Location: The Lonestar State
Posts: 50,214
If you expect a refund, will you be spending it on curriculum for next year? Who's already thinking about next year (or already buying)?

I don't expect a refund, but I'm already on the look-out for used books. Anything I can't find throughout the year gets bought at Mardel's in May during their 20% off sale. I like to get more than 30% off if I can, though. I bought $130 worth of stuff the other day at Half Price Books for only $32! It's not stuff I'll need immediately, but I know I'll need it within a year, so why not?

A friend and I are going in together on curriculum, too. She's borrowing my Apologia books while I'm not using them, and I'll be borrowing her elementary Life of Fred books for Daniel while she's not using them. We each have two boys, and they stair-step down in level, so it should be pretty easy to trade back and forth for the next 5-6 years. *woo-hoo!*
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  #2  
February 22nd, 2012, 05:54 AM
Butter's Avatar Heather the Mama Duk
Join Date: Oct 2005
Location: San Antonio TX
Posts: 28,853
We choose not to give the government an interest-free loan so we try to have a minimal tax refund every year. We already bought next year's stuff for all the kids, though. They move up when they finish the previous level. Cameron just moved up from 3rd to 4th last week for example. Calvert is having their 30% sale right now so I went ahead and got K for Adrian (he won't need it until September), 2nd for Fritz (he'll need the math in a couple weeks and the rest in June), and 4th for Cameron. Ani'll be in 9th, so no more Calvert for her.
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  #3  
February 23rd, 2012, 12:15 AM
Frackel's Avatar DOh!
Join Date: Dec 2010
Location: In my house :p
Posts: 1,288
Actually I don't get back a whole lot to begin with, on purpose, so I have more during the actual year when we need it. Not fond of letting the government hold onto my money, well anymore than I have to anyway lol.
Tax money either all goes to pay bills-if any are behind-or fun stuff/needed stuff. This year, mostly bills, or medical stuff. One thing in particular that's been put off for years as more important things came along.
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  #4  
February 23rd, 2012, 09:37 AM
New_England_Girl's Avatar Platinum Supermommy
Join Date: Jun 2007
Location: Chilly New England
Posts: 6,767
We'll get a refund, but I've already purchased most of Cassidy's 1st Grade curriculum. We started budgeting it in last summer when I first got started. Now I only have about $120 worth of stuff left to buy, which I'll have saved up before fall for sure.

Our tax return usually goes toward special things that aren't ordinarily in the budget, or towards bills if it's been a rough year. (One income family here)
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Mom to:

Cassidy, 6.5 yrs. Born 10/23/07, 7 pounds 10 ounces, 20 in.

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  #5  
February 23rd, 2012, 02:36 PM
Jewinjuwa's Avatar We walk by faith
Join Date: Sep 2008
Location: Midwest USA
Posts: 3,648
We already got ours and spent it on bills and other various things we needed. My husband gets a big bonus in March though, and that is going to be partially spent on getting my curriculum and supplies for next year.
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  #6  
February 23rd, 2012, 09:33 PM
Platinum Supermommy
Join Date: Sep 2007
Posts: 8,365
Probably won't spend it on curriculum because I am selling some stuff we aren't using and buying what we need with that money. We might be getting a new computer with the money to use for school though. Oh and for valentines day DH said I could use some of our refund to get me a DSLR.
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  #7  
February 24th, 2012, 08:07 AM
2Corinthians10:4's Avatar Platinum Supermommy
Join Date: Oct 2006
Posts: 12,959
We used some of our refund on Addi's curriculum, I already bought it and we should be getting it in this week or next!
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  #8  
February 25th, 2012, 09:12 AM
Alison79's Avatar Platinum Supermommy
Join Date: May 2005
Location: Texas
Posts: 10,232
We are pretty set on our curriculum for next year. I bought the first two levels from a friend last year. I set aside some money each month to cover basic supplies and to cover her spelling and math programs that she goes through very quickly. Our refund this year went toward some much needed replacement carpet on our stairs, padded our emergency fund and helped us pay for the new baby's birth.
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  #9  
March 3rd, 2012, 12:00 PM
Member
Join Date: Mar 2012
Posts: 12
i completed my taxes yesterday, had to pay over 110k, on top of what estimates were already done!
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