teej281

As we all know, tax season is upon us. Just posting a thread to see what all people are planning to buy for their cars with their rebate checks.

Ready........































GO!!!

amoosenamedhank

I'm planning on buying a sectional couch... but I don't think it's going to fit in my car...

I may be selling my supercharger if someone would like to donate their tax refund to me!

Sonic_Stang

Black FR500's and Stage 2 Comp Cams

Mustang3GT07

Maybe rims and tires, not sure yet. Might just save it and use some for gas money!

hpwrestler220

Are you really going to sell your s/c?

I prob wont get much from tax returns... I'll probably get some gas. Maybe gears or something i really dont know

DreamerGT

LCA's and sub frame connectors

teej281

Arent you in college? Ive heard that school loans can be written off for taxes and that college students in general should get their federal taxes fully refunded. Again, just what ive heard. So im looking at a nice chunk of change in a month or so. Im planning on new rear meats and some new shocks/struts. Might be buying some stock 03 cobra bilstein HD front struts from a guy on SVTP and if i get them for cheap, i might be buying the front coilover conversion with the remaining money.

We need to get Delta V in here to answer that question. lol

GTRACER88

My turbo kit. =)

teej281

^^^Which one are you buying???

Derf00

School loan INTEREST can be written off. Scholarships, grants, and other free money actually hurt you in refunds in that they lower your tax liability meaning how much you actually paid out of pocket. Lets say tuition was 10K, you had grants and scholarships that paid for 5K, you only get to write off 5K you paid or the interest you had to pay on a 5K loan.

Anyways, it also depends on whether or not you do your own taxes or are claimed as a dependent on someone elses taxes like your parents. If you parents are footin the bill for college then you don't get squat, your parents do. Unless out of the goodnes of their hearts (or stupidity) give you the cash they get back for that part.