Gonna buy a new tv, laptop,clothes, bedroom set (thats what my girl wants), and throw the rest in the bank. Not behind in any bills or anything so that's a plus.
It's your income placing you in a specific tax bracket.
You have your income (taxable and non taxable).
Then you have your expenses (tax deductible and non tax deductible).
Dependents help but not as much as people think.
I have several dependents and I still eat it every year.
You can only spend/deduct/wash so much...
I got about 4k also. It depends on what your filing status is (the less you claim the more you end up getting at the end) and what bracket your placed in. going to school and shit helps, Kids too.
School just allows you to deduct the interest paid on your loan. Which generally isn't much either. Well, these days it may be considering Sallie Mae loans are around 8% or so. Around 10 years ago they were at 2-3%, which does almost nothing for me.