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Anyone Spending Their Tax Refund Foolishly?

instead of saving my tax refund I spent the whole thing on a new toy. I bought a Vava Ultra Short Throw Projector, a 100" screen for inside and a 150" screen for occasional outdoor movie parties.

It took me the whole weekend to install but that was primarily due to installing an outlet behind the screen for back lighting (my walls are not easy access).

The picture quality is shocking, crystal clear and vibrant. It's better in the dark but still very good in the daytime. I have a 15' floor to ceiling window in my living room that has a north facing direction so no direct sun.

I don't have the picture completely lined up with the screen yet and will do that as soon as I get my media cabinet setup. For now, the projector is sitting on cardboard boxes at the base of the screen.





Last edited by Tidybuoy; 06-30-2020 at 07:56 AM..
Old 06-29-2020, 12:57 PM
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What is a tax return?
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Old 06-29-2020, 01:02 PM
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My Fed tax refund was $15

(your blue levels are too strong)
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Last edited by stevej37; 06-29-2020 at 01:06 PM..
Old 06-29-2020, 01:04 PM
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Old 06-29-2020, 01:04 PM
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I got some money back from tax over payments. I put 1/2 of that on 2020 taxes due, and the other 1/2 went to my checking account.

I am working on blowing my stimulus check on eating out at local owned restaurants and 40% to 50% tips.

I guess I spent some of my refund on a new helmet, and a day at the track scrubbing off excess rubber from my tires and getting the brake pads thinner. That was so much fun my face hurt from the big grin on my face.
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Old 06-29-2020, 01:06 PM
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Quote:
Originally Posted by GH85Carrera View Post
I got some money back from tax over payments. I put 1/2 of that on 2020 taxes due, and the other 1/2 went to my checking account.

I am working on blowing my stimulus check on eating out at local owned restaurants and 40% to 50% tips.

I guess I spent some of my refund on a new helmet, and a day at the track scrubbing off excess rubber from my tires and getting the brake pads thinner. That was so much fun my face hurt from the big grin on my face.
All that rubber is rolling unsprung resistance! Get rid of it!!

I didn't get stimulated ...
Old 06-29-2020, 01:10 PM
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Quote:
Originally Posted by stevej37 View Post
My Fed tax refund was $15

(your blue levels are too strong)
It's Avatar; probably all color levels are too strong but that's what I selected to see how the projector performs with a high detail movie.

My tax refund was better this year because I had a lot of deductions related to refurbishing my rental. I didn't get a stimulus check though.

Here's one with less blue (for you sensitive types )

Old 06-29-2020, 01:21 PM
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Same day if finished taxes, stimulus check shows in account. I owe $2,417 - Stimulus was $2,400......Kind of a wash for me....
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Old 06-29-2020, 02:29 PM
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send me your tax return and I promise to spend it foolishly
Old 06-29-2020, 02:31 PM
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AP Racing took a big chunk of my return.
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Old 06-29-2020, 02:37 PM
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One of my pals has an HD projector and the picture is astonishing. They are really, really good these days. If you like watching movies, (I do), I’d say that you made a great purchase!
Old 06-29-2020, 03:51 PM
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Quote:
Originally Posted by mbatarga View Post
what is a tax return?
+1
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Old 06-29-2020, 06:52 PM
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We have a 10ish year old version of this. Best money I ever spent.

And BTW, what return???
Old 06-29-2020, 08:50 PM
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I have some of Sammy's tax $ as a stimulus check...

I was gonna give it all to Pelosi, but Trump keeps sending me requests for money..... decisions, decisions, decisions
Old 06-30-2020, 02:13 AM
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Quote:
Originally Posted by MBAtarga View Post
What is a tax return?
Technically it's the package of forms you send to the IRS to determine how much money to send them.

But I think we are talking about tax refunds - something I have no experience with.
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Old 06-30-2020, 06:26 AM
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Quote:
Originally Posted by wdfifteen View Post
Technically it's the package of forms you send to the IRS to determine how much money to send them.

But I think we are talking about tax refunds - something I have no experience with.
Since I have a business that is a LLC, I have to estimated (guess) what profit and loss we will have for a year, and make quarterly tax payments. We had a couple of "whale" jobs last year, and had a great year. Trying to guess how many expenses, and the depreciation for the equipment will add up to I did my best guess. I ended up overpaying overall. That is better than a large tax bill due at the end of the year. The whale jobs meant a nice checkbook balance, and very liquid assets. Now we want more whales!
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Old 06-30-2020, 06:45 AM
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i hope the IRS spent my money foolishly.

tidy..that picture is amazing!! your camera isnt bad either superbowl party at your house!! i'll bring salsa.
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Old 06-30-2020, 07:29 AM
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Quote:
Originally Posted by GH85Carrera View Post
Since I have a business that is a LLC, I have to estimated (guess) what profit and loss we will have for a year, and make quarterly tax payments. We had a couple of "whale" jobs last year, and had a great year. Trying to guess how many expenses, and the depreciation for the equipment will add up to I did my best guess. I ended up overpaying overall. That is better than a large tax bill due at the end of the year. The whale jobs meant a nice checkbook balance, and very liquid assets. Now we want more whales!
Haven't done estimates for several years. I figure I can make more with my money than the interest costs for not filing quarterly. Plus, they don't give me interest on the money they'd send back if I overpay.
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Old 06-30-2020, 05:36 PM
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Originally Posted by cabmando View Post
Haven't done estimates for several years. I figure I can make more with my money than the interest costs for not filing quarterly. Plus, they don't give me interest on the money they'd send back if I overpay.
I do estimates, but under pay for the same reason.
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Old 06-30-2020, 05:41 PM
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Quote:
Originally Posted by wdfifteen View Post
I do estimates, but under pay for the same reason.
Same here.

Old 06-30-2020, 06:23 PM
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