Any extra bucks going towards my mortgage, planning to pay it off as soon as I can so I can live debt free.
Tax Refund Season
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Congratulations !!
Iām in the same boat, my second one born Jan 16th.
I could have saved taxes by claiming additional dependent, saved a whole year of daycare fees. But no regrets, they just come whenever it is time.
Look up prostaglandins 
This is so true 
How are you all guys doing with your tax filing, April 15th is fast approaching, next week is Tax Day!!!
Already done with tax in first week of Febā¦ Paid off my home in full
No debt now, both cars and house paid off 
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Awesome @kumar.sachin ā¦ congratsā¦ I am filling it todayā¦ Not expecting anything great out of it 
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Thatās not usual! 
The more debts (mortgages) you have the more friendly you are treated by your bank!
But better is your state, free of debts of course!
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Actually on average debt is profitable. The reason being is youāre taxed on assets you own arising out of debt until you sell, and if you use debt to fund income then your spread-out income is lightly taxed usually.
Where debt is bad is if you have no income arising either from the asset or no income in general.
If anything, you need lots and lots of debt, all spread out, so if any one of the assets goes into negative equity you simply walk away, and the other assets still deliver a return.
Or, in other words, if you get rich enough you canāt really lose money.
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Congratulations! I donāt have to file taxes because my dad files me as dependent on his and momās joint filing. Great advantage of being young
Be careful because if you make more than 3 grand a year you are still obligated to file your own taxes even if they claim you as a dependent
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I still prefer the UK system, it is simpler. You do not by default ever have to file a tax return, you are taxed directly by the employer who is usually your only form of income. A smaller % of the population therefore have to file taxes.
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It was changed to 6k 
Congratulations! Very exiting to hear this! Itās a great accomplishment!
You sure the debt wasnāt from buying so much Anker stuff
No my debt was from the move and using my credit card to help offset cost until I got full-time at work
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I wish I made that kind of money . But in all seriousness, I donāt work part time. I used to but it was for easy semesters only
So much easier and less hassle.
A few of my friends who are into trade work are self employed and have to do tax returns - just means they get to claim back VAT on equipment and fuel etc.
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Wtf?
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