Important: The Chat Thread 2

[2005_Silverado]

u dont have w-2 income?

[JayBo]

yeah, it's entered

Thats just in the Schedule C section of stuffs

[2005_Silverado]

how much is ur w-2 income? if ur income is reasonable, dont worry about ur side gig thing...cuz technically ur livving off ur w2 income and not ur self employed endevours

[stonehenge]

dfw side gig, should remove viruses/toolbars from old peoples computers and whatnot

coworker started doing that a few years ago and now has regulars, including some old ladies that call him to hook up TVs and shit. he dgaf as long as he gets paid

[JayBo]

This year was like 27K

I was going back through errything and something fucking dropped my fed return from 3700 down to 1900.. WTF

---------- Post added at 11:25 AM ---------- Previous post was at 11:23 AM ----------

Oh, got it.

The place where I show moneies I've made through side gig wasn't filled in. If I put $800, it does down some, if I shoe zero prawfit its back up

[2005_Silverado]

ffuuuuu......that sucks

[JayBo]

So right now, I showing 0 prawfit. lulz.

Prob throw up a hella red flag.

I'm just tinkering w it until I know for sure no 10-99s coming.


Can I write off CC debt?

---------- Post added at 11:29 AM ---------- Previous post was at 11:27 AM ----------

1 more ? and I'll shut up.

can I claim jen as a dependant? She claims her child, and got EIC credit.

Since I have been helping her w bills etc would she qualify w/o it affecting her return? her's has already been submitted

[stonehenge]

can claim kittah as dependent?

bish ass yak needs shit rocks and food and whatnot, should be able to get extra $1-2k for dat

[JayBo]

lol. Kittah has needs too

[.GARY.]

Morning.

[JayBo]

hello gurry

[2005_Silverado]

IRS will consider ur "business" as a hobby if u dont show a profit for 3 years or some shit....so dont worry about it...specially if its ur first year showing 0 prawfet

---------- Post added at 08:42 AM ------ Previous post was at 08:40 AM ----------

http://www.irs.gov/uac/Business-or-H...for-Deductions

The IRS presumes that an activity is carried on for profit if it makes a profit during at least three of the last five tax years, including the current year — at least two of the last seven years for activities that consist primarily of breeding, showing, training or racing horses.

[.GARY.]

Tax time, Yay.

Had decent return, however I think medical bills will likely be taking care of that after what happened last month

[stonehenge]

Originally Posted by 2005_Silverado

http://www.irs.gov/uac/Business-or-H...for-Deductions

hoarzes only? won't apply to cao?

[2005_Silverado]

never seen cao races

[stonehenge]

would be pretty bamf

[.GARY.]

I've seen caos run for their life, but it was not race....

[2005_Silverado]

would ride cao for le jests

[stonehenge]

prob cao won't approve of that

[.GARY.]

I thought about Bull riding for a while when I was in HS and hung out with the Rednecks

then one of my friends got hurt pretty good and I said FTS

[Cez★]

http://www.buzzfeed.com/bennyjohnson...obama?s=mobile

[2005_Silverado]

fgt dont know how to hold a rifle

[theholycow]

Originally Posted by JayBo

This year was like 27K

I was going back through errything and something fucking dropped my fed return from 3700 down to 1900.. WTF

---------- Post added at 11:25 AM ---------- Previous post was at 11:23 AM ----------

Oh, got it.

The place where I show moneies I've made through side gig wasn't filled in. If I put $800, it does down some, if I shoe zero prawfit its back up

You lose $1800 when you put in $800?

Originally Posted by Juan!

hoarzes only? won't apply to cao?

Originally Posted by 2005_Silverado

never seen cao races

Originally Posted by 2005_Silverado

would ride cao for le jests

[.GARY.]

That was good

[Manbearpig]

need to do taxxxes steel