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Old 03-01-2006, 06:57 PM   #1
L84THSKY
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Default FREE MONEY!

It takes a woman to put some sense into a man. I was talking to my girlfriend about doing my taxes. She mentioned that she was getting a nice refund for her tuition expenses.

That's when I said,"What are you talking about"? Turns out, I was entitled to a huge tax credit each year I had been in night school. When I did the numbers, I figured out I was entitled to another $1900.00. That was just for the current year. Now multiply that by three for the three years previous that I plan to amend.

Now it appears I have about $7000.00 extra money coming back I knew nothing about.

Oh joy, what will I do with the money........
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1998 (July) 318ti, 5-spd
OEM Armrest • Blaupunkt Heidelberg CD50 CD Player/Compact Drive MP3 Player • Diamond Audio 5.25" rear speakers • Navman ICN 530 GPS • BMWALARM.COM (with comfort settings) after market alarm system • Magnecor 8.5mm wires • M-Z3 Shifter/Momo Knob • Burlwood Dashboard • Stromung Exhaust • X-brace • Racing Dynamics Front Strut Bar • Carbonio C.A.I. • 17" Rial Rims • Vader Seats/Heated/Lumbar Support • M-tech Steering Wheel/Front Sway Bar/Front & Rear Bumper • Depos/w 6500K Angel Eyes/6000K HIDs • Clear Corners • M3 Mirrors • UUC Light Weight Flywheel/M5 Clutch/M3 Clutch Slave • E28 3.46 LSD/Mcoupe Cover/E30 Flanges & Halfshafts • UUC S.S. Brake/Clutch Lines • Hartge Roof Spoiler • BavAuto Springs• Bilstein Sport Struts/Shocks • E46 M3 Rear Shock Mounts • SPC Front Camber Kit • Reiger Hatch Spoiler • BavAuto Rear Camber Kit • Dinan Stage II Software • Turner Rear Sway Bar Reinforcements • BMW E46 Auto dimming mirror with Clown Nose alarm • Engine Compartment Light • Heated Wiper Fluid Retrofit • OEM Fire Extinguisher • Da'lan Trailer Hitch • Rear Sun Shade • OEM Fog Light Retrofit • H & R MZ3 Rear Sway Bar/ UUC Adjustable End Links • Cruise Control Retrofit • On Board Computer Retrofit • M3 twistie style side skirts • Carbon Fiber Hood
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Old 03-01-2006, 06:58 PM   #2
al95ti
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DASC......
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1995 Canadian Spec Schwarz II Ti Base Model.... 5spd, Untinted Windows, Bilstein Sports, Bav Auto Springs, E36 Sport Wheels, 225/50 Fuzion HRi's, MK3 Jetta VR6 Front Lip, Cosmos Racing Short ram intake, Luk Clutch kit, Apexcone projectors, DDM 6000K HID, Shortened shift knob, Pioneer stereo, Autopage Alarm
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Old 03-01-2006, 07:03 PM   #3
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there's all sorts of tax incentive ways to make money. Read this article and see what the power company I am a customer of does to make $

http://www.time.com/time/magazine/ar...167738,00.html
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Old 03-01-2006, 07:04 PM   #4
L84THSKY
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Actually, I'm interested in seeing how this new twin screw systems comes along. I would gladly be the first to buy, when it's ready.

Quote:
Originally Posted by al95ti
DASC......
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1998 (July) 318ti, 5-spd
OEM Armrest • Blaupunkt Heidelberg CD50 CD Player/Compact Drive MP3 Player • Diamond Audio 5.25" rear speakers • Navman ICN 530 GPS • BMWALARM.COM (with comfort settings) after market alarm system • Magnecor 8.5mm wires • M-Z3 Shifter/Momo Knob • Burlwood Dashboard • Stromung Exhaust • X-brace • Racing Dynamics Front Strut Bar • Carbonio C.A.I. • 17" Rial Rims • Vader Seats/Heated/Lumbar Support • M-tech Steering Wheel/Front Sway Bar/Front & Rear Bumper • Depos/w 6500K Angel Eyes/6000K HIDs • Clear Corners • M3 Mirrors • UUC Light Weight Flywheel/M5 Clutch/M3 Clutch Slave • E28 3.46 LSD/Mcoupe Cover/E30 Flanges & Halfshafts • UUC S.S. Brake/Clutch Lines • Hartge Roof Spoiler • BavAuto Springs• Bilstein Sport Struts/Shocks • E46 M3 Rear Shock Mounts • SPC Front Camber Kit • Reiger Hatch Spoiler • BavAuto Rear Camber Kit • Dinan Stage II Software • Turner Rear Sway Bar Reinforcements • BMW E46 Auto dimming mirror with Clown Nose alarm • Engine Compartment Light • Heated Wiper Fluid Retrofit • OEM Fire Extinguisher • Da'lan Trailer Hitch • Rear Sun Shade • OEM Fog Light Retrofit • H & R MZ3 Rear Sway Bar/ UUC Adjustable End Links • Cruise Control Retrofit • On Board Computer Retrofit • M3 twistie style side skirts • Carbon Fiber Hood
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Old 03-01-2006, 07:07 PM   #5
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hmm...time to look into that myself
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Old 03-01-2006, 07:23 PM   #6
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Not bad L8..
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98 Avus Blue 318 ti Active
clear outs all around,stealth turning signals,blue led interior lights, 35% tinted windows,K&N air filter, 12" Kenwood Sub, MTX Thunder Amp,Alpine cd changer, Leatherz Armrest,ACS Pedals/Handbrake/FloorMats & Vitesse Tuning Carbon Fiber B-Pillars/CF Spark Plug Cover, New 16" MSW Typer 14 Rims on Goodyear Triple Treds




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Old 03-01-2006, 07:33 PM   #7
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Default I agree!

Quote:
Originally Posted by al95ti
DASC......
Perfect choice. DASC for sure, you will not regret it.
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1989 E30 325is 5s Coupe Zinnoberrot
1991 E30 325i Auto Coupe Schwartz
1991 E30 325is 5s Coupe Hellrot
1995 318ti E36 Alpine White III DASC (RIP)
1996 328i 4Dr Artic Silver (RIP)
1999 M3 Estoril Blue Metallic RMS Vortech SC
2001 325i E46 Alpine White - Sports Package (SOLD)
2005 E46 M3 Coupe SMG
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Old 03-01-2006, 08:13 PM   #8
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Quote:
Originally Posted by Mendi3
Perfect choice. DASC for sure, you will not regret it.
+2, perfect for instant gratification.
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'99 Dinan M3
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Old 03-01-2006, 09:15 PM   #9
cali-ti
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i'm assuming your employer was not paying for any of it, right? two of my employers essentially paid for my remaining years on my BS degree, so i couldn't claim it on taxes. either way, a pretty decent deal
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1996 318ti, California package, 267k miles
current mods: bilstein sports, bavauto springs, e30 m3 LCABs, solid metal ball joints, bavauto RSMs w/reinforcements, e30 3.73 LSD & halfshafts, supersprint cat-back exhaust, turner rear sway bar reinforcements, IE poly subframe & RTABs + camber/toe kits, powdercoated e36 32x front calipers, sport mirrors, H&R 28mmF/19mmR sway bars, x-brace, auto solutions SSK w/poly bushing upgrade, BMW CD43 head unit, DICE HD Radio w/iPod integration and "stealth" HD antenna, staggered style 68s, orange electronic TPMS, leather arm rest, JT Designs metal undertray

acquired and awaiting install: heated seat kit, cali top switch relo, lumbar support kit, park distance control kit, heated washer nozzle kit, m-coupe rear subframe, trailing arms, differential, and halfshafts, m-coupe front/rear brakes with master cylinder, under hood light kit, mud flaps, rear sun blind, auto-dimming rear view mirror, tilt steering wheel retrofit, apexcone 5000K HIDs with 55W ballasts




2002 X5 4.4 Sport Package, 53.5k miles
Current Mods: e46 m3 steering wheel
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Old 03-01-2006, 09:59 PM   #10
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Quote:
Originally Posted by cali-ti
i'm assuming your employer was not paying for any of it, right? two of my employers essentially paid for my remaining years on my BS degree, so i couldn't claim it on taxes. either way, a pretty decent deal
Good point. I have the same situation here.
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Old 03-01-2006, 10:05 PM   #11
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Depends on how much they covered... if your total out to school was more than you received in from reimbursements, grants, etc. Then you get a refund for that money spent.

I'm a veteran pickin up a nice check each month for school so I get nothing (OUT=~$800/yr in tuition / IN=~$2000/mo in GI Bill). The wife gets money back though. SWEET!
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Old 03-01-2006, 10:57 PM   #12
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I'm a veteran too, but even the GI Bill is a drop in the bucket compared to what my school cost.

http://iris.nyit.edu/~egrodsky/milit...ForceMain.html



Quote:
Originally Posted by CaliDohBoy
Depends on how much they covered... if your total out to school was more than you received in from reimbursements, grants, etc. Then you get a refund for that money spent.

I'm a veteran pickin up a nice check each month for school so I get nothing (OUT=~$800/yr in tuition / IN=~$2000/mo in GI Bill). The wife gets money back though. SWEET!
__________________

1998 (July) 318ti, 5-spd
OEM Armrest • Blaupunkt Heidelberg CD50 CD Player/Compact Drive MP3 Player • Diamond Audio 5.25" rear speakers • Navman ICN 530 GPS • BMWALARM.COM (with comfort settings) after market alarm system • Magnecor 8.5mm wires • M-Z3 Shifter/Momo Knob • Burlwood Dashboard • Stromung Exhaust • X-brace • Racing Dynamics Front Strut Bar • Carbonio C.A.I. • 17" Rial Rims • Vader Seats/Heated/Lumbar Support • M-tech Steering Wheel/Front Sway Bar/Front & Rear Bumper • Depos/w 6500K Angel Eyes/6000K HIDs • Clear Corners • M3 Mirrors • UUC Light Weight Flywheel/M5 Clutch/M3 Clutch Slave • E28 3.46 LSD/Mcoupe Cover/E30 Flanges & Halfshafts • UUC S.S. Brake/Clutch Lines • Hartge Roof Spoiler • BavAuto Springs• Bilstein Sport Struts/Shocks • E46 M3 Rear Shock Mounts • SPC Front Camber Kit • Reiger Hatch Spoiler • BavAuto Rear Camber Kit • Dinan Stage II Software • Turner Rear Sway Bar Reinforcements • BMW E46 Auto dimming mirror with Clown Nose alarm • Engine Compartment Light • Heated Wiper Fluid Retrofit • OEM Fire Extinguisher • Da'lan Trailer Hitch • Rear Sun Shade • OEM Fog Light Retrofit • H & R MZ3 Rear Sway Bar/ UUC Adjustable End Links • Cruise Control Retrofit • On Board Computer Retrofit • M3 twistie style side skirts • Carbon Fiber Hood
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Old 03-01-2006, 11:03 PM   #13
L84THSKY
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I wonder if the IRS knows about employer tuition reimbursement. My old company paid next to nothing. My new company pays 100% for an "A", 90% "B" and "75% for "C".

So for the years I am getting amended, I paid out of pocket over $30,000.




Quote:
Originally Posted by cali-ti
i'm assuming your employer was not paying for any of it, right? two of my employers essentially paid for my remaining years on my BS degree, so i couldn't claim it on taxes. either way, a pretty decent deal
__________________

1998 (July) 318ti, 5-spd
OEM Armrest • Blaupunkt Heidelberg CD50 CD Player/Compact Drive MP3 Player • Diamond Audio 5.25" rear speakers • Navman ICN 530 GPS • BMWALARM.COM (with comfort settings) after market alarm system • Magnecor 8.5mm wires • M-Z3 Shifter/Momo Knob • Burlwood Dashboard • Stromung Exhaust • X-brace • Racing Dynamics Front Strut Bar • Carbonio C.A.I. • 17" Rial Rims • Vader Seats/Heated/Lumbar Support • M-tech Steering Wheel/Front Sway Bar/Front & Rear Bumper • Depos/w 6500K Angel Eyes/6000K HIDs • Clear Corners • M3 Mirrors • UUC Light Weight Flywheel/M5 Clutch/M3 Clutch Slave • E28 3.46 LSD/Mcoupe Cover/E30 Flanges & Halfshafts • UUC S.S. Brake/Clutch Lines • Hartge Roof Spoiler • BavAuto Springs• Bilstein Sport Struts/Shocks • E46 M3 Rear Shock Mounts • SPC Front Camber Kit • Reiger Hatch Spoiler • BavAuto Rear Camber Kit • Dinan Stage II Software • Turner Rear Sway Bar Reinforcements • BMW E46 Auto dimming mirror with Clown Nose alarm • Engine Compartment Light • Heated Wiper Fluid Retrofit • OEM Fire Extinguisher • Da'lan Trailer Hitch • Rear Sun Shade • OEM Fog Light Retrofit • H & R MZ3 Rear Sway Bar/ UUC Adjustable End Links • Cruise Control Retrofit • On Board Computer Retrofit • M3 twistie style side skirts • Carbon Fiber Hood
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Old 03-01-2006, 11:11 PM   #14
96 3 1 8 ti
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do this http://bimmerforums.com/forum/showth...&highlight=S42 and then slap on a DASC
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1996 318ti
sport model, m3 bumper cover, velocity splitter, AKG shift knob, factory clears, super sprint exhaust, UUC floormats, UUC tranny mounts, UUC clutch bushings, UUC shifter bushings, Powerflex LCABS... replaced with treehouse eyeballs, front sway bar bushings, RTABS, TMS rear shock mounts, Bilsteins, Xbrace, sparco strut brace, AKG subframe bushings, AKG differential mount bushing, M coupe shifter, meyle ball joints and sway bar endlinks
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Old 03-01-2006, 11:43 PM   #15
cali-ti
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if he does that, what's he going to run for fuel? certainly won't be from any pump! that engine's already at 11.5:1 compression
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1996 318ti, California package, 267k miles
current mods: bilstein sports, bavauto springs, e30 m3 LCABs, solid metal ball joints, bavauto RSMs w/reinforcements, e30 3.73 LSD & halfshafts, supersprint cat-back exhaust, turner rear sway bar reinforcements, IE poly subframe & RTABs + camber/toe kits, powdercoated e36 32x front calipers, sport mirrors, H&R 28mmF/19mmR sway bars, x-brace, auto solutions SSK w/poly bushing upgrade, BMW CD43 head unit, DICE HD Radio w/iPod integration and "stealth" HD antenna, staggered style 68s, orange electronic TPMS, leather arm rest, JT Designs metal undertray

acquired and awaiting install: heated seat kit, cali top switch relo, lumbar support kit, park distance control kit, heated washer nozzle kit, m-coupe rear subframe, trailing arms, differential, and halfshafts, m-coupe front/rear brakes with master cylinder, under hood light kit, mud flaps, rear sun blind, auto-dimming rear view mirror, tilt steering wheel retrofit, apexcone 5000K HIDs with 55W ballasts




2002 X5 4.4 Sport Package, 53.5k miles
Current Mods: e46 m3 steering wheel
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