Originally Posted by
sdsearch
I only have to pay taxes after filing every other year or so on average (the other years I get refunds on both federal and state), but I can't remember the last time I didn't have a signup bonus going when I did have to pay.
I haven't had to pay in years. However, there are those signup bonuses where you need a certain spend. So ...
I typically get an extension to pay so I have about 9 months of the year before I have to pull the trigger. When I get a new card with a juicy bonus, I prepay my taxes (and pay the fee) the same day I file, and claim the money back as a refund.
Net net, it only costs me the cc fee, and I don't feel it's worth it for just a few thousand miles. 50,000 miles, however, is certainly worth it.