IRS Tax Refund 101: How to Travel on Your Refund
Here is a comprehensive list of ideas where your refund can take you, broken down by just how much you're getting back.
For some of you, filing your taxes will yield nothing more than a valid excuse to head to Las Vegas and earn enough dough to pay back the government.
$0 to $500
Take a day or weekend trip to your nearest beach town. This strategy is more feasible for the coastal dwellers than the inland inhabitants, of course. So if you call Kansas home, head to the nearest lake town. Spend your weekend -- and refund -- relaxing cheaply by water and nature.
$501 to $1,000
Check out that city near you or on your coast that you've been meaning to visit for years. If you're from the East Coast and have never made it to Boston, now's your chance. Wherever you call home, there's a city nearby you've been meaning to see but never have -- visit it.
$1,000 to $5,000
With a more sizable refund like this one, longer distance flights have now entered the equation. Rather than check out the nearby city or mountain town you've never seen, go visit the one on the opposite side of the country. You're from Philadelphia and have never been to the West Coast? Buy your ticket and go.
$5,001 to $10,000
With a refund in this range, you've got lots of options. If you're looking for a week of complete relaxation and pampering, opt for a fancy all-inclusive. If you've been dreaming of German beer and Italian coffee, head to Europe. And if you're a loyal beach bum looking to go a bit further afield, spend your money and time on an island in the Caribbean.
$10,001 and up
Get a new accountant, that's way too much money to loan to the government interest free.
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