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Speaking of tax refund…
mikee999
Posts: 533 ✭✭✭✭
Please recommend a coin or two to buy:
Either silver or gold in AU58-AU 58+ with green or gd bean
No commemorative coins
Tax refund ~15K
2
mikee999
Posts: 533 ✭✭✭✭
mikee999
Posts: 533 ✭✭✭✭
Comments
How about a nice shiny Lincoln cent with a massive parking lot error?
Seriously though, get whatever speaks to you, and that you believe to be a fair deal.
Collector of Liberty Seated Half Dimes, including die pairs and die states
I have no idea what you are interested in but if it were me, I'd buy a few nice MS64 or MS65 double eagles. Please let us know what you decide and good luck.
Worry is the interest you pay on a debt you may not owe.
S&P index fund, if that is 100% of your refund and/or a significant amount for you. If not, I like $5 gold indians
What's a tax refund?
Mike
My Indians
Danco Set
It’s $$ given to tax payers from the generosity of Uncle Biden.
@alaura22 said:
I was going to ask the same thing. Haven't seen one of those since the late 1990's
Disclaimer: I have no issues with the taxes I currently pay, I feel the rate is more than fair. Surprised that people are receiving refunds though, especially $15K ones. RGDS!
The whole worlds off its rocker, buy Gold™.
Oh and sorry to the OP, I'd certainly stick with the Au with your gift. Avoid the gutter metal and don't waste your time getting caught up with silly little stickers. Research beanie babies and 1600's tulip bulb mania to learn where that all ends. RGDS!!!
The whole worlds off its rocker, buy Gold™.
Uh, no. It’s your own money that you overpaid during the year.
^ First confirmed case of C.D.S.
CAC
Derangement
Syndrome
Type Collector of U.S. Pre-33 Gold https://instagram.com/deplorable_dan Successful transactions with- @drfish, @Cladiator, @johnny010, @Pedzola, @PerryHall, @2windy2fish, @Ike1964, @JohnThePainter, @rpmsrpms, @REALGATOR
I'm not surprised people can't understand this very basic fact...but then again many people don't understand marginal tax brackets either.
Sticker on. LOL.
The whole worlds off its rocker, buy Gold™.
Where's your partner? The other cacs shill??? Oh there he is as expected just like clockwork right behind you. Hmmm someone call the message cops. Looks like we may have another ALT.
P.S. Get a life. THKS!
The whole worlds off its rocker, buy Gold™.
Wait a minute, Let me ask again............Did you say: 15k or $15.000.00 or Fifteen Thousand Dollars refund?
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
Yeah @DeplorableDan , get a life!
You know, insulting other peoples' coins and collections and being pathologically obsessed with CAC.
Why would you give the feds an extra $15K of your money to borrow for a few months to a year??????
Successful transactions with-Boosibri,lkeigwin,TomB,Broadstruck,coinsarefun,Type2,jom,ProfLiz, UltraHighRelief,Barndog,EXOJUNKIE,ldhair,fivecents,paesan,Crusty...
I am thinking DD cracked a joke?
Successful transactions with-Boosibri,lkeigwin,TomB,Broadstruck,coinsarefun,Type2,jom,ProfLiz, UltraHighRelief,Barndog,EXOJUNKIE,ldhair,fivecents,paesan,Crusty...
There’s no partner, shill or alt. Some of us just get tired of your apparent obsession with and persistent bashing of CAC. It’s to the point that you’re often the one who brings up the subject. Otherwise, you’re a good contributor to the forum, but sadly, it’s become a big “otherwise”.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Yeah! You tell em Detective dan.....errr sorry I mean Lieutenant skirmish. You two shills (ALTs) appear to be the ones obsessed with the cacs. Considering your 20K+ posts about it here on the PCGS MESSAGE BOARD. Should I come over to cacs and post/obsess 24/7 about PCGS?
The whole worlds off its rocker, buy Gold™.
My pay structure is very uneven. Half of my paychecks will have a minimal amount withheld and the other half will be over 50% (CA Resident). I've tried for 15 years, nothing to be done about it.
And yes of course Dan was joking, just teasing.
You bring it up every time. Not anyone else. You.
Back to the subject at hand. Like others have said; I have no idea what your interests are. But if your an American coin collector you need the most beautiful coin ever minted. I wish I had one.
Saint-Gaudens Double Eagle
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
Interesting. I had very uneven paychecks too before retirement, and even after all of the excess I thought I gave the feds, it all stayed with them after factoring in investments. So $15K xtra seems super high to give the feds but I guess it is possible.
In such a case, buy rare gold, preferably slabbed and better dates.......... Rare gold always keeps going up bc everyone wants to own it.
Successful transactions with-Boosibri,lkeigwin,TomB,Broadstruck,coinsarefun,Type2,jom,ProfLiz, UltraHighRelief,Barndog,EXOJUNKIE,ldhair,fivecents,paesan,Crusty...
For some of us, it’s hard to get the taxes right based on our companies and uneven pay. A buddy I work with who used to nail it and get almost nothing back (or have anything extra to pay) now has this job and is getting $22k back. Mine’s not quite that bad, but I don’t make as much and it’s still more than ever.
At least it comes back to us, with some effort.
I’m hoping to skim some of mine for a coin but it might all just go to family medical bills. Such is life.
Whatever coin you get, make sure to post it!
The tax return I hope to get:
The tax return I end up getting:
peacockcoins
It nice to get a refund. However it is better to keep the refund as low as possible. Next year I will have to deal with RMD from my IRA. Thus, I will have to adjust my with holding to insure I don't go broke every spring. 🤬
USN & USAF retired 1971-1993
Successful Transactions with more than 100 Members
Get a CD paying 5%+ until you find what you really want
Lafayette Grading Set
I didn't get nearly that much back but, with my refund and regular coin buying budget, I was able to splurge for these:
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
Hmmmm 58 CAC? How about a nice early date Capped Bust half!!
Side note, how does one get $15k in tax refunds?!?!
"For the wages of sin is death, but the free gift of God is eternal life in Christ Jesus our Lord" Romans 6:23. Young fellow suffering from Bust Half fever.
By massively overpaying EST tax deposits to
1. Help Uncle Sam a bit and
2. By doing so to lessen possible tax audits
Congratulations! You gave an interest-free loan to Uncle Sam when you could have kept that 15K and put it to work for you.
I would get some old gold.
Donato
Donato's Complete US Type Set ---- Donato's Dansco 7070 Modified Type Set ---- Donato's Basic U.S. Coin Design Set
Successful transactions: Shrub68 (Jim), MWallace (Mike)
15K Tacks? Wow! I prefer Push Pins.
Agree but cheap “insurance” for a possible audit or inquiry from IRS. So far so good 40+ years of tax returns.
I haven’t gotten a refund in years, I always owe.
But greatly regret in buying so few shares of NVDA
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
Duh…
+1 to my post count
I looked them up and apparently, those manias lasted approximately 4 to 5 years. Do you know how long CAC coins have been selling in comparison?
And please show up some statistics - any statistics - regarding the price history of CAC coins that gives any validity to your prediction. I won’t hold my breath waiting for you to back up your persistent CAC bashing with any actual facts.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Ladder some CD's across the next 12 months.
Better yet a bond fund which will probably do even better when Fed's start dropping rates
Spend the interest/returns
BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out
Great response Mr “Feldini.”
I think no one could’ve said it better.
The returns are nothing compared to the right equity stocks in this bull market.
If you're satisfied with a 5%-6% gain then go for it.
NVDA is up over 100% YTD just as an example, there are many more with like gains.
JMO
But this is a coin forum so..................
Mike
My Indians
Danco Set
Agree 100%, 200%, 300% …. to infinity…..
only if….I had a crystal ball or knew you then…. pm me your thoughts…on this subject if you don’t mind….
FYI I dumped 1,000 shs of aapl in the $190ss sold FB & NFLX….baad mistakes