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Title: Just did my taxes ... Post by: Dan on 02 06, 23, 09:00:44:PM My income fell $20,000, but my taxes went up $600.
I thought the "Inflation Reduction Act" was supposed to reduce inflation, not my income. Title: Re: Just did my taxes ... Post by: D2D on 02 06, 23, 10:40:37:PM Democrats live to screw the working class!
Title: Re: Just did my taxes ... Post by: takncarabizniz on 02 07, 23, 04:34:26:AM Our son had to pay this year...yes, he got a new job, but it didn't start until late in the year, and he adjusted his withholding, and still owed...
I am not looking forward to ours...our income went down as well, but I'm not going to hold my breath that we'll break even. Title: Re: Just did my taxes ... Post by: lakitss on 02 07, 23, 07:38:32:AM We tried to warn everybody about Biden and the democrats, but nnnnoooooooo....
Title: Re: Just did my taxes ... Post by: August West on 02 07, 23, 10:24:06:AM Why do Republican deadbeats expect everything for free?
Title: Re: Just did my taxes ... Post by: Jw2 on 02 07, 23, 10:33:28:AM Just dropped off everything at the CPA.
That's your Trump Tax Cut, danny. Many Trump Tax Cut provisions, especially income tax cuts, will expire in 2025, and starting in 2021 and will increase over time; by 2027 this would affect an estimated 65% of the population and in that same year the law's provisions are set to be fully enacted, but the corporate tax cuts are permanent. At least you paid more federal income taxes than your Fuhrer Trump. (https://www.aesopsretreat.com/forum/Smileys/classic/grin.gif) Title: Re: Just did my taxes ... Post by: gwboolean on 02 07, 23, 11:32:36:AM That's good Defensive Dan. Did you get a big refund for those losses you suffered over Putin's Pussy's NFTs? (http://www.aesopsretreat.com/forum/richedit/smileys/YahooIM/35.gif)
Title: Re: Just did my taxes ... Post by: Truman62 on 02 07, 23, 12:14:20:PM Dan likes to lie, so I wouldn't believe him.
Title: Re: Just did my taxes ... Post by: Dan on 02 07, 23, 12:49:52:PM Quote Why do ... deadbeats expect everything for free? [/HIGHLIGHT][/SIZE][/FONT]That’s the nature of the deadbeat, regardless of party affiliation. By nature, deadbeats don’t pay their bills. But what does that have to do with this discussion? Title: Re: Just did my taxes ... Post by: gwboolean on 02 07, 23, 12:54:02:PM Quote What has being a deadbeat to do with this discussion? You have proudly admitted to being a deadbeat for a long time Delicate Dan. That has everything to do with this conversation. Title: Re: Just did my taxes ... Post by: Dan on 02 07, 23, 12:56:02:PM Quote Just dropped off everything at the CPA. [/SIZE][/FONT]I am smart enough to do my own taxes. Quote That's your Trump Tax Cut, Dan [/SIZE][/FONT]Actually, that’s Trump’s tax cut EXPIRING, Johnny. Quote Many Trump Tax Cut provisions, especially income tax cuts, will expire in 2025, and starting in 2021 [/SIZE][/FONT]See? It’s not Trump’s tax cut, as you erroneously claimed. Quote At least you paid more federal income taxes than mein Fuhrer [/SIZE][/FONT]Hitler is dead, Johnny. He didn’t earn any income in the U.S. last year. (http://www.aesopsretreat.com/forum/Smileys/classic/rolleyes.gif) Title: Re: Just did my taxes ... Post by: Dan on 02 07, 23, 12:57:56:PM Quote That's good Dan. Did you get losses over Biden’s NFTs? [/HIGHLIGHT][/SIZE][/FONT]What’s a “Biden NFT?” Title: Re: Just did my taxes ... Post by: Dan on 02 07, 23, 12:59:29:PM Quote Dan ... lie [/HIGHLIGHT][/SIZE][/FONT]Liar. Quote so I wouldn't believe him. [/HIGHLIGHT][/SIZE][/FONT]Liars wouldn’t, no. Title: Re: Just did my taxes ... Post by: Dan on 02 07, 23, 01:01:56:PM Quote You have admitted to being a deadbeat [/HIGHLIGHT][/SIZE][/FONT]Nope. Never. I proudly profess to always paying all my bills on time. Hence my 830 credit rating. Title: Re: Just did my taxes ... Post by: gwboolean on 02 07, 23, 01:55:02:PM Quote I no longer admit to being a deadbeat. A little late to change your plea Defective Dan. Quote I am not a liar!!! You lie all of the time Dubious Dan. That would make you a liar no matter what you claim. Quote You should believe me. If you didn't lie, then we might be willing to believe you. (http://www.aesopsretreat.com/forum/richedit/smileys/YahooIM/30.gif) Title: Re: Just did my taxes ... Post by: D2D on 02 07, 23, 02:02:44:PM Remember you exist to keep Democrats fat and happy!
Title: Re: Just did my taxes ... Post by: gwboolean on 02 07, 23, 03:37:46:PM Quote Remember, we inbred Republican N Word monkeys exist to keep Democrats fat and happy! If that is true, Defective Dildo, then you inbred Republican N Word monkeys have completely failed in your existence. (http://www.aesopsretreat.com/forum/richedit/smileys/YahooIM/30.gif) Title: Re: Just did my taxes ... Post by: Dan on 02 07, 23, 05:05:57:PM I have never been a deadbeat.
A little late. Never is too late? LOL! Quote You lie Liar. Quote If you didn't lie, then we might be willing to believe you. I don't believe you. I think you won't believe me despite the fact I don't lie. Title: Re: Just did my taxes ... Post by: Dan on 02 07, 23, 05:08:37:PM I exist to keep democrats fat and happy.
Quote If that is true, then you have completely failed. [/FONT]GOOD!!! Title: Re: Just did my taxes ... Post by: D2D on 02 07, 23, 08:06:05:PM Democrats insist you work and they take!
Title: Re: Just did my taxes ... Post by: stretch351c on 02 07, 23, 08:10:10:PM The reason the tax cuts end in 2025 vis because Democrats blocked making them permanent.
Title: Re: Just did my taxes ... Post by: Dan on 02 07, 23, 08:22:23:PM Bingo! But JW would have you believe it was Trump’s fault.
Title: Re: Just did my taxes ... Post by: Dan on 02 07, 23, 10:41:11:PM I just heard Biden say he wouldn’t raise taxes on anyone earning less than $400,000. Not one penny.
Well, My income dropped from $96,000 in 2021 to $76,000 in 2022. But my taxes increased $600. Isn’t $76K less than $400K? Then how did my taxes go up? Is Biden a liar? Title: Re: Just did my taxes ... Post by: D2D on 02 08, 23, 12:08:00:AM Only the end consumer pays taxes!
Title: Re: Just did my taxes ... Post by: D2D on 02 09, 23, 02:24:03:AM Democrats want more money and insist you are good for it!
Title: Re: Just did my taxes ... Post by: Jw2 on 02 09, 23, 11:27:20:AM danny says: By nature, deadbeats don’t pay their bills.
That would define Fuhrer Trump exactly, a wealthy deadbeat. danny says: I am smart enough to do my own taxes. Well, filing a 1040EZ is your level. Mine, is more complicated for a number of reasons. I can afford hiring a expert, to ensure I pay what is due and get credit for everything the law allows. https://www.thebalancemoney.com/trump-s-tax-plan-how-it-affects-you-4113968 Just like Fuhrer Trump claims. You know, like he claimed he didn’t earn any income in the U.S. last year, but still paid taxes to China. Trump Paid Nearly $200,000 In Taxes To China - Forbes (https://www.forbes.com/sites/roberthart/2020/10/21/report-trump-paid-nearly-200000-in-taxes-to-china/) We're all concerned that your income declined 20% last year over 2021 danny. Is the Alaska Permanent Fund $3,284 you and your spouse each were paid in 2022 subject to Federal Taxes? That's +$4,340 (+200%) more socialism entitlement than you got in 2021. So 9% of your income is government entitlement in 2022. You must be relying exclusively on the income of your government employed spouse to support you. In semi-retirement, mine went up 10%, and thanks to tax credits for my solar panels and wind turbine, I will pay less Federal Income Taxes this year. And Illinois doesn't tax my retirement income. Title: Re: Just did my taxes ... Post by: Dan on 02 09, 23, 12:52:45:PM Quote Dan says: By nature, deadbeats don’t pay their bills. [/I][/HIGHLIGHT][/FONT]Correct, Johnny. Quote That would define Fuhrer exactly, a wealthy deadbeat. [/B][/FONT]Adolph Hitler is dead, Johnny. He has no bills. Quote Dan says: I am smart enough to do my own taxes. [/B][/HIGHLIGHT][/FONT]Correct. I am. And you said you give the responsibility of doing your taxes to someone else. Quote Well, filing a 1040EZ is your level [/HIGHLIGHT][/SIZE][/FONT]If you were as smart as me, you’d have known that I am ineligible to use form 1040EZ. So, it’s a good thing you don’t do your own taxes, Johnny. Quote Mine, is more complicated [/HIGHLIGHT][/SIZE][/FONT]Actually, you have no clue how complicated my taxes are. So you are in no position to declare yours are more complicated. Quote I can afford hiring a expert [/HIGHLIGHT][/SIZE][/FONT]So can I. I can also afford to go out to dinner every night. But often I like to do things myself. Quote to ensure I pay what is due and get credit for everything the law allows. [/HIGHLIGHT][/SIZE][/FONT]So, you’re not smart enough to figure that out on your own? That’s OK. There’s no shame in admitting your limitations. Quote Just like Fuhrer claims. [/HIGHLIGHT][/SIZE][/FONT]Adolph Hitler is dead. He doesn’t claim anything. Quote I’m concerned that your income declined 20% last year [/HIGHLIGHT][/FONT]I don’t believe you, Johnny. Quote Is the Alaska Permanent Fund $3,284 you and your spouse each were paid in 2022 subject to Federal Taxes? [/HIGHLIGHT][/SIZE][/FONT]Yes. Quote That's +$4,340 [/HIGHLIGHT][/SIZE][/FONT]No. 3,284 X 2 = 6,568. I knew you weren’t very smart. Quote more mineral rights resource dividend than you got in 2021 .[/HIGHLIGHT][/FONT]Correct. They’re making up for the money the liberals stole from us the previous four years. Quote So 9% of your income [/HIGHLIGHT][/SIZE][/FONT]8.6% for last year, yeah. Quote is government entitlement in 2022. [/HIGHLIGHT][/SIZE][/FONT]No. It’s a dividend from my mineral rights. Quote You must be relying exclusively on the income of your government employed spouse [/HIGHLIGHT][/SIZE][/FONT]Nope. I told you my wife is retired and receives no state benefits until she will apply for them when she turns 60. I have $3 million in the stock market. My income is down because I didn’t sell anything last year. I receive $3,400 per month from my LLC business. So I get all the income I need from that revenue stream, as if it’s any of your business. Quote In semi-retirement, mine went up 10%, and thanks to tax credits for my solar panels and wind turbine, [/HIGHLIGHT][/SIZE][/FONT]So you’re being subsidized by people like me, who don’t benefit from government handouts. Quote Illinois doesn't tax my retirement income. [/HIGHLIGHT][/FONT]Alaska doesn’t tax anyone’s income, regardless of their retirement status. So what tax situation are you in that makes you think it is more complicated than mine, Johnny? If this was supposed to be some pathetic attempt to insult me, Johnny, you failed miserably. Title: Re: Just did my taxes ... Post by: D2D on 02 09, 23, 03:14:26:PM China continues to pay Democrats millions for their services!
Title: Re: Just did my taxes ... Post by: Dan on 02 09, 23, 10:01:06:PM That's why the hidden classified documents in Biden's mansions are so important.
Title: Re: Just did my taxes ... Post by: Jw2 on 02 09, 23, 10:19:54:PM If you made less $$, and paid more in taxes...then either you're bad at tax math, or Trumps expiring tax cuts screwed you.
As Fuhrer Trump would say..."you're a sucker and a loser", if you pay more US Federal Income Taxes then he does. don't bullshit us danny. it doesn't work. you are an intellectually dishonest pathological liar with severe OCD and thoughts of delusion that requires immediate mental health care resources. and you know many people close to you who have said exactly that. Title: Re: Just did my taxes ... Post by: Dan on 02 09, 23, 10:35:20:PM Quote If you made less $$, and paid more in taxes...then either you're bad at tax math, or Trumps expiring tax cuts screwed you. [/HIGHLIGHT][/SIZE][/FONT]So it’s not Trump tax cuts that are screwing me, but rather the fact they are expiring. Got it. By the way, we’ve already established which one of us is real bad at math here. So, it’s a good thing you’re letting someone else do your taxes for you. Quote As Fuhrer would say..."you're a sucker and a loser" [/HIGHLIGHT][/SIZE][/FONT]Did Adolph Hitler really say that? Is that a loose German translation? Quote don't bullshit us Dan. it doesn't work. [/HIGHLIGHT][/SIZE][/FONT]That’s why I’m always honest, Johnny. That’s why you have no credibility here. Quote you are an intellectually dishonest pathological liar with severe OCD and thoughts of delusion that requires immediate mental health care resources. [/HIGHLIGHT][/SIZE][/FONT]Nope. You’re a liar. Quote and you know many people close to you who have said exactly that. [/HIGHLIGHT][/SIZE][/FONT]Nope. You’re still lying. Since you never got around to asking, Johnny, I will tell you why my taxes went up. My ordinary income went up, while my capital gains and qualified dividends decreased (which are taxed at a lower rate. All you had to do was ask, Johnny boy, instead of speculating and making an ass of yourself. Does Lin know you’re such an asshole? What am I saying, of course she does! Title: Re: Just did my taxes ... Post by: D2D on 02 10, 23, 06:11:06:PM Democrats insist you are nothing but property and should be proud to pay them!
Title: Re: Just did my taxes ... Post by: Dan on 02 10, 23, 07:43:52:PM Democrats also believe we have no property rights. Everything we own is but for the consent of the government, according to them.
Title: Re: Just did my taxes ... Post by: wvit1001 on 02 10, 23, 07:46:43:PM you and your representatives are the government dan. you always act like the government is someoe or something you are seperate from and that's out to get you. Your libertarian and soveriegn citizen stuff is just silly.
Title: Re: Just did my taxes ... Post by: D2D on 02 10, 23, 07:57:52:PM CCP
Title: Re: Just did my taxes ... Post by: D2D on 02 12, 23, 02:06:52:AM Just the way communists and nazis think!
Title: Re: Just did my taxes ... Post by: Jw2 on 02 13, 23, 11:29:48:AM tell us how your household made less money in 2022 danny.
you previously claimed that you're retired. we all know your spouse is a state of Alaska employee, with a steady annual income. so the decline in your household income comes from your side of that partnership. if you were such a good equities investor, why didn't you claim any capital losses to offset your income? Title: Re: Just did my taxes ... Post by: Dan on 02 13, 23, 01:21:19:PM Quote tell us how your household made less money in 2022 Dan [/HIGHLIGHT][/SIZE][/FONT]I just told you, Johnny. See? I knew you didn’t read my posts. Quote ... you're retired. [/HIGHLIGHT][/SIZE][/FONT]Correct. Quote [/HIGHLIGHT][/SIZE]we all know your spouse is a state of Alaska employee, [/HIGHLIGHT][/SIZE]Who is “we,” Johnny? You’re the only one who falsely believes that. I’ve told this board many times my wife is retired. Quote with a steady annual income. [/HIGHLIGHT][/SIZE][/FONT]Wrong! Her income is from investments only. That is far from “steady.” Quote so the decline in your household income comes from your side of that marriage [/HIGHLIGHT][/SIZE][/FONT]Actually, if you had read my penultimate post, you would have already known why our mutual household income declined. I receive $3,400 per month in steady income from my LLC business. My wife receives no steady income. Please stop saying things about which you know nothing. Quote if you were such a good equities investor, [/HIGHLIGHT][/SIZE][/FONT]Indeed I am. Quote why didn't you claim any capital losses to offset your income? [/HIGHLIGHT][/SIZE][/FONT]What makes you think a good equities investor would have long term losses, Johnny? A good investor doesn’t have long term losses. That’s what makes us “good” investors. (http://www.aesopsretreat.com/forum/Smileys/classic/wink.gif) Title: Re: Just did my taxes ... Post by: D2D on 02 13, 23, 04:28:15:PM Democrat policies make everyone poorer save for the Democrat party elite!
Title: Re: Just did my taxes ... Post by: Dan on 02 13, 23, 04:35:23:PM It's weird that johnwalsh assumes a successful investor would have long term capital losses, and then SELL to lock in those losses.
He is of course talking about a "wash" sale, where you take advantage of a capital loss for tax purposes, but buy back a similar equity immediately to stay vested in the market. But the thing is, all my investments held over a year (long term) have gains, since I use the "average cost" basis. Title: Re: Just did my taxes ... Post by: D2D on 02 13, 23, 04:57:19:PM Failures expect failure!
Title: Re: Just did my taxes ... Post by: Jw2 on 02 13, 23, 07:36:05:PM you're the one who made 20% less income and you live off of investments...and the spouse's government funded pension - a steady source of income.
yet, you still ended up paying more taxes. a good investor/accountant would have taken advantage of capital loses to offset taxes. in fact, The Trump/Republican tax cut for the wealthy made taking those offsets easier. you should have a professional review your amateur work. Title: Re: Just did my taxes ... Post by: Dan on 02 13, 23, 07:47:33:PM Quote you're the one who made 20% less income and you live off of investments...and the spouse's government funded pension [/HIGHLIGHT][/SIZE][/FONT]Good fucking lord. You don’t listen to a thing I say. No, moron. I fucking told you I have steady business income. I fucking told you my wife does NOT collect her pension yet. I tucking told you my income dropped $20K, not 20%. Quote yet, you still ended up paying more taxes. [/HIGHLIGHT][/SIZE][/FONT]And I fucking told you why in an earlier post, if you had bothered to fucking read it. Quote a good investor/accountant would have taken advantage of capital loses to offset taxes. A good investor wouldn’t have any losses at all. I don’t have any long term losses. Only gains. Quote in fact, The Trump/Republican tax cut for EVERYONE made taking those offsets easier. [/HIGHLIGHT][/SIZE][/FONT]No, there were no changes for capital offsets. You were able to do that BEFORE the Trump tax cuts for everyone. Quote you should have a professional review your amateur work [/HIGHLIGHT][/SIZE][/FONT]You definitely need help given you can’t do simple multiplication l or do simple reading comprehension. I don’t need a professional to tell me what I already know - that I don’t have any long term losses. My cost basis is “average cost,” and my reporting method is FIFO. I assume you know what that stands for. Title: Re: Just did my taxes ... Post by: zsq987 on 02 13, 23, 07:58:17:PM
The problem is that the Govt is giving way too many freebies to illegal aliens (criminals) and people who refuse to work! The Biden Regime is printing un-backed Dollars 24/7 and giving it away with the goal of BUYING VOTES from minorities. Title: Re: Just did my taxes ... Post by: Jw2 on 02 13, 23, 08:07:42:PM Explaining the Trump Tax Reform Plan - Investopedia (https://www.investopedia.com/taxes/trumps-tax-reform-plan-explained/)
Title: Re: Just did my taxes ... Post by: Dan on 02 13, 23, 08:33:10:PM This is the closest Johnwalsh has ever come out o apologizing. I’ll take it.
Title: Re: Just did my taxes ... Post by: Dan on 02 13, 23, 08:41:01:PM I just read johnwalsh’s article. No mention of any changes to capital offsets or wash sales under the Trump tax reform.
Title: Re: Just did my taxes ... Post by: D2D on 02 15, 23, 05:15:12:PM Democrats fear clear and forthright tax policies!
Title: Re: Just did my taxes ... Post by: D2D on 02 17, 23, 01:54:08:PM Why is that the case?
Title: Re: Just did my taxes ... Post by: Dan on 02 17, 23, 01:56:30:PM Because without it, it’s more difficult to social engineer, redistribute wealth, and control the population.
Title: Re: Just did my taxes ... Post by: Dan on 02 17, 23, 01:57:51:PM To libs, the purpose of the tax code is NOT to collect revenue, but to control behavior and social engineer.
Title: Re: Just did my taxes ... Post by: D2D on 02 17, 23, 01:59:49:PM So very true!
That is the nature of socialism! Title: Re: Just did my taxes ... Post by: Jw2 on 02 17, 23, 08:57:54:PM that tax code is used by Republicans and Democrats.
the Republican social engineering has been called "Trickle Down Economics". It is a provable conservative failure. the tax code gives you a deduction for a home mortgage. an idea pushed by the housing industry and bankers. Of course, anchoragedan never succumbed to that social engineering, by taking a tax deduction for his mortgage and property taxes. The United States Constitution gives Congress the right to levy taxes. poor danny says: My income fell $20,000, but my taxes went up $600. I thought the "Inflation Reduction Act" was supposed to reduce inflation, not my income. Since danny claims he and his spouse are retired, living only on investments - and the socialist welfare Alaska Permanent Fund... Living in the most violent city in America, with a cost of living that is one of the highest in the nation. demonstrating that daniel is a loser. Title: Re: Just did my taxes ... Post by: Dan on 02 17, 23, 10:44:14:PM Quote that tax code is used by Republicans and Democrats. [/HIGHLIGHT][/SIZE][/FONT]the Republican social engineering has been called "Supply Side Economics". Actually, that REDUCES social engineering, as it gives more power to the individual and limits the power of the government to social engineer. Think, child raper, think! Quote It is a provable conservative failure. [/HIGHLIGHT][/SIZE][/FONT]Actually, it is a proven success, time and time again. It has worked every single time. Quote the tax code gives you a deduction for a home mortgage. an idea pushed by the housing industry and bankers. Of course, anchoragedan never succumbed to that social engineering, by taking a tax deduction for his mortgage and property taxes. [/HIGHLIGHT][/SIZE][/FONT]That’s correct, child raper. I don’t have a mortgage. My income fell $20,000, but my taxes went up $600. I thought the "Inflation Reduction Act" was supposed to reduce inflation, not my income Quote Dan and his spouse are retired, living only on investments - [/I][/HIGHLIGHT] [/SIZE][/FONT][/FONT]You’re STILL not listening, child raper. I told you I receive $3,400 per month from my LLC BUSINESS! Quote and his mineral resource Alaska Permanent Fund... [/HIGHLIGHT][/SIZE][/FONT]Pfffft. Peanuts. Quote Living in the most violent city in America [/SIZE][/FONT]I don’t live in New Orleans or Chicago. What are you talking about, child raper? Quote Everyone who lives in Anchorage is a loser. How do you figure, child raper? At least I don’t live in a that shit hole, Chicago. Title: Re: Just did my taxes ... Post by: Jw2 on 02 17, 23, 11:35:19:PM and, somehow, you consider yourself a financial advisor? and the wife is in accounting...
A $20k drop in income [despite a +$4k increase in the APF] and $600 increase in taxes...that's a lot of scratch. you're the one publicly bitching about your shortcoming. Trump and the Republicans did the social engineering on you. You're just too blinded by your politics to recognize reality and accept responsibility. Title: Re: Just did my taxes ... Post by: Dan on 02 18, 23, 01:54:27:AM Quote and, somehow, you consider yourself a financial advisor? [/HIGHLIGHT][/SIZE][/FONT]Hey idiot, I never made any such claim. Quote and the wife is in accounting... [/HIGHLIGHT][/SIZE][/FONT]Keep my wife’s name the fuck out of your mouth, asshole. Quote A $20k drop in income [despite a +$4k increase in the APF] and $600 increase in taxes...that's a lot of scratch. [/HIGHLIGHT][/SIZE][/FONT]You left out the drop in realized capital gains. Quote you're the one publicly bitching about your shortcoming. [/HIGHLIGHT][/SIZE][/FONT]No. I’m bitching about the Biden tax increase. I don’t have any shortcomings. Quote Trump and the Republicans did the social engineering on you. [/HIGHLIGHT][/FONT]As did Obama, Clinton, and Biden, and the democrats. So? Quote [/HIGHLIGHT][/SIZE]You're just too blinded by your politics to recognize reality and accept responsibility. [/HIGHLIGHT][/SIZE]You’re too blinded to recognize that I DO recognize both parties play with the tax code. Just what responsibility do you think I have in this system, child raper? I didn’t support this tax code. I never did. Title: Re: Just did my taxes ... Post by: D2D on 02 18, 23, 04:30:38:AM Democrats believe everything you earn belongs to them!
Title: Re: Just did my taxes ... Post by: Dan on 02 18, 23, 12:00:39:PM ... and they use the tax code to “engineer” their utopia, to control our behavior.
Title: Re: Just did my taxes ... Post by: Jw2 on 02 18, 23, 01:39:48:PM the most significant part of today's 2022 tax code, as it applies to danny, was put in place by Trump and the Republicans.
you claim to be "retired" and the spouse is "retired". Neither one of you is 59 1/2 years old, so you wouldn't be tapping any retirement account, without a stiff penalty. Going forward, thanks to Democratic passed legislation - Secure 2.0 - that penalty is reduced for certain exceptions. that would mean you are either living off stock/bond dividends or (small) interest on savings in taxable accounts. and then, there's the difference in total income vs. AGI. and, according to deposed Fuhrer Trump, if you paid more taxes than him...you're a sucker. Title: Re: Just did my taxes ... Post by: Dan on 02 18, 23, 02:56:46:PM Quote the most significant part of today's 2022 tax code, as it applies to MY WORTHLESS ASS, was put in place by Trump and the Republicans. [/HIGHLIGHT][/SIZE][/FONT]I claim to be "retired" and my kunt wife is "retired". Neither of us are 59 1/2 years old, so I wouldn't be tapping any retirement account, without a stiff penalty. OK, so what was the part of the tax code you're referring to? You never said, johnny. Quote that would mean I am either living off stock/bond dividends or (small) interest on savings in taxable accounts. [/HIGHLIGHT][/SIZE][/FONT]So which is it? Quote and, according to Adolph Hitler, if you paid more taxes than him...you're a sucker. [/HIGHLIGHT][/SIZE][/FONT]When did Hitler say that? Title: Re: Just did my taxes ... Post by: D2D on 02 18, 23, 03:04:21:PM Jw2 will never answer your questions!
Title: Re: Just did my taxes ... Post by: Dan on 02 18, 23, 03:08:37:PM Quote penalty is reduced for certain exceptions [/FONT]Social engineering, you mean. If you do what the government wants, you will be rewarded. If you don't, you will be punished. Title: Re: Just did my taxes ... Post by: Dan on 02 18, 23, 03:10:16:PM Quote Jw2 will never answer your questions! [/FONT]He doesn't even read what I write. Either that, or his reading comprehension leaves a lot to be desired. Title: Re: Just did my taxes ... Post by: D2D on 02 18, 23, 03:13:09:PM Democrats view every American as their property to do with what they will!
Title: Re: Just did my taxes ... Post by: Jw2 on 02 18, 23, 05:52:19:PM daniel, you just make up nothing but bullchit.
you never support the statement with facts, just your opinion. good thing you're not Black, eh? IRS about 3 to 5 times more likely to audit Black Americans’ tax returns, study finds (https://www.cnbc.com/2023/02/02/irs-more-likely-to-audit-black-americans-taxes-study-finds.html) Title: Re: Just did my taxes ... Post by: D2D on 02 18, 23, 05:56:04:PM A Democrat creation abusing black people?
Title: Re: Just did my taxes ... Post by: Dan on 02 18, 23, 07:07:16:PM Quote Dan, you just make up nothing but bullchit. [/HIGHLIGHT][/SIZE][/FONT]I don't believe you, asshole. Quote you never support the statement with facts [/HIGHLIGHT][/SIZE][/FONT]Bullshit, liar. Quote good thing you're not Black, eh? [/HIGHLIGHT][/SIZE][/FONT]What the fuck does skin color have to do with anything, racist? Quote IRS 5 times more likely to audit Black Americans' tax returns' [/HIGHLIGHT][/SIZE][/FONT]Horse shit! Nowhere on your tax return do you report your skin color. So, they are not being audited because of their skin color, but because of inconsistencies in their return, or they have a lot of itemized deductions. Title: Re: Just did my taxes ... Post by: Dan on 02 18, 23, 07:09:42:PM Quote A Democrat creation abusing black people? [/FONT]How does the IRS know the skin color of the tax payer? They don't. Nowhere on Form 1040 does it ask for your race, religion, or skin color. They ask your age. That's it. Title: Re: Just did my taxes ... Post by: wvit1001 on 02 18, 23, 07:16:32:PM you don't think the government knows who you are? your picture and address come up when they enter your ss#.
Title: Re: Just did my taxes ... Post by: Dan on 02 18, 23, 07:30:44:PM So once again, Jw2 is full of shit. He sees race in everything. He is the exact opposite of Martin Luther King's dream. He judges people not by the content of their character, but by the color of their skin.
Title: Re: Just did my taxes ... Post by: D2D on 02 18, 23, 08:52:49:PM you don't think the government knows who you are? your picture and address come up when they enter your ss#. Which is the way Democrats planned it! After all, Democrats need to keep track of what they consider their property!Title: Re: Just did my taxes ... Post by: D2D on 02 19, 23, 09:49:31:PM Democrats admit it is so!
Title: Re: Just did my taxes ... Post by: D2D on 02 20, 23, 07:30:10:PM daniel, you just make up nothing but bullchit. How would the IRS know the race of filers?you never support the statement with facts, just your opinion. good thing you're not Black, eh? IRS about 3 to 5 times more likely to audit Black Americans’ tax returns, study finds (https://www.cnbc.com/2023/02/02/irs-more-likely-to-audit-black-americans-taxes-study-finds.html) I don't recall ever having to identify my race on tax forms! So your claims of racism are bogus! Title: Re: Just did my taxes ... Post by: Dan on 02 20, 23, 07:38:49:PM Quote How would the IRS know the race of filers? [/HIGHLIGHT][/SIZE][/FONT]They wouldn't, unless they took the extra unnecessary and useless step of researching the taxpayer's census data, passport data, and/or birth certificate. Even then, we are supposed to believe that IRS agents are racist against blacks, and disproportionately targeting them based on their race. That's asking a lot for us to believe. Quote So your claims of racism are bogus [/HIGHLIGHT][/SIZE][/FONT]That's my conclusion as well. Title: Re: Just did my taxes ... Post by: Dan on 02 21, 23, 01:15:22:PM If blacks are audited 5 times more often than not, more likely than Asians, more often than I don’t know what, and given the fact race is not part of your return, why are blacks cheating on their taxes more than others? Or why are they making more mistakes on their returns that warrant audits?
Is jw saying blacks are generally more dishonest than others? Or just more stupid? Title: Re: Just did my taxes ... Post by: D2D on 02 21, 23, 03:45:05:PM The answer is obvious Blacks are educated in failing schools that produce only illiterate math failures who can only get jobs involving manual labor!
Just look at Baltimore schools as an example! In 23 Baltimore City Schools, zero students tested proficient in math in 2022, according to a report by Project Baltimore. Democrats banned the education of Blacks during the days of slavery and are fighting against educating blacks now!Through an analysis of 150 Baltimore City Schools, 23 of them, including 10 high schools, eight elementary schools, three high schools and two middle schools, no students met math grade-level expectations, according to a report by Project Baltimore. Approximately 2,000 students took the state administered math exams that tested proficiency levels. (RELATED: Chicago Educators Get An ‘A+’ On Teaching While Their Students Get An ‘F’ On Reading) “It just sounds like these schools, now, have turned into essentially babysitters with no accountability,” Jovani Patterson, a Baltimore resident who sued the district for not properly educating its students, told Fox 45 News. “This is the future of our city. We’ve got to change this.” An additional 20 schools in the district had no more than two students proficient in math, Project Baltimore reported. Another three schools in the district, which are for incarcerated students and students with disabilities, had no students that met grade-level expectations. Approximately 7% of third through eighth graders at Baltimore City School met grade level expectations in Math in 2022, according to the Maryland State Department of Education. https://dailycaller.com/2023/02/10/not-one-student-met-grade-level-expectations-for-math-in-23-baltimore-schools-report/ Democrats should hang their heads in shame but instead are proud of this awful accomplishment! Title: Re: Just did my taxes ... Post by: D2D on 02 21, 23, 09:08:57:PM Democrats again prove themselves the anti-education party!
Title: Re: Just did my taxes ... Post by: Jw2 on 02 22, 23, 08:58:14:AM How do rich people avoid taxes?
Wealthy Americans skirt $160 billion a year in tax payment https://www.usatoday.com/story/money/taxes/2023/02/21/how-do-rich-people-avoid-taxes/11308215002/ More than $160 billion in tax revenue is lost every year because the top 1% finds ways to avoid paying “their fair share,” according to academic research cited by the Treasury Department. What tactics, though, do uber-wealthy people use to avoid the taxes? It turns out that not only can they afford tax attorneys, accountants, and estate planners, but there are also some tax benefits that require lots of money to even access. We’ll shed light on some of those strategies available only to the extremely rich. How the super-rich avoid paying taxes Foundations Gifting Family offices Investments Moving residency Title: Re: Just did my taxes ... Post by: takncarabizniz on 02 22, 23, 12:40:55:PM We just finished ours. Still a refund, though we lowered it this year. Of course, between changing our W4s to decrease the amount we have withheld (because our refund was high last year and we really try to break even) and the increase in taxes and dues we had to pay, it stands to reason it would be lower. But our tax accountant said to please not change it again this year, as she sees other changes that could plunge us back into the "owe" side due to rumblings coming from Congress.
Title: Re: Just did my taxes ... Post by: Dan on 02 22, 23, 12:45:32:PM Quote How do rich people avoid taxes? [/B][/FONT]Electric vehicle subsidies, windmill subsidies, solar panel subsidies, etc. How does the bottom 50% avoid taxes? Title: Re: Just did my taxes ... Post by: takncarabizniz on 02 22, 23, 12:50:48:PM Rich people take advantage of the loopholes that Congress purposely included in the more than 50,000 pages of tax code. They have lawyers and accountants who have no other job than to find those loopholes and take full advantage of them.
Title: Re: Just did my taxes ... Post by: Dan on 02 22, 23, 12:52:55:PM Quote More than $160 billion in tax revenue is lost every year because the top 1% finds ways to avoid paying “their fair share,”& [/HIGHLIGHT][/SIZE][/FONT]LOL! Congress and the president designed the tax code for just that purpose. They wanted people to do those things. So nothing was “lost.” It was by design. Who gets to decide what “fair share” is? Is $1,000 per person fair? $5,000 per person? $50,000? The tax code should not be picking winners and losers. That is inherently UNFAIR. The government should not be dictating our behavior. I don’t think it’s fair that a rich person should have to pay more for a loaf of bread. Why should they have to pay more for government services? Title: Re: Just did my taxes ... Post by: D2D on 02 22, 23, 03:35:39:PM Democrats harm Americans!
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