Sentences with phrase «sum as a tax refund»

But if we get a lump sum as a tax refund, the money will seem more significant.

Not exact matches

As soon as you file your income taxes and receive your refund from the state or IRS, you pay the tax refund loans back in a single, lump sum paymenAs soon as you file your income taxes and receive your refund from the state or IRS, you pay the tax refund loans back in a single, lump sum paymenas you file your income taxes and receive your refund from the state or IRS, you pay the tax refund loans back in a single, lump sum payment.

Make sure you have an accurate idea of your current savings balances and an idea of what you plan to do with that money — as well as any lump sums of cash that may come your way, such as an income tax refund check.

As a further note, I'm asking this now because I plan to make a lump sum payment into the loan from my tax refund, but have held off on doing so until I know whether or not it would be wise.

Contributing to an RRSP doesn't make sense for everyone (e.g., if you expect your tax rate to be higher in retirement than it is now), but for those for whom it does, contribute to it and use the tax refund as a lump - sum payment on your mortgage.

Or, if the borrow is expecting a windfall (such as a tax refund), you can make the document say that one lump sum payment is required by a certain date.

If your overall finances are strong, you can also feel confident contributing a lump sum to your retirement plan, such as income tax refunds and bonus checks.