i just started my taxes. i have my personal info entered. is that enough

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the world will always the world. your entire existence is defined by your response.

Yes it will point the IRS right to you.

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Hawaii (fuck) You

great im glad they know what i should be sending them. now they can just invoice me.

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the world will always the world. your entire existence is defined by your response.

I had an accountant for years. Like 12 years later found out he was fucking everything up and costing me $$.

Do it myself now. But it's a pain in the ass.

yea and if they get you too big of a refund, youre still on the hook for the mistakes.

i will probably go with accountant if i ever make significant sales through my LLC, but for now i just include it as personal income and let them rape me on taxes.

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the world will always the world. your entire existence is defined by your response.

LLC’s are pass through entities so it will flow to your personal tax return regardless.

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Hawaii (fuck) You

well thats good. i have no idea what im doing i just enter what i feel like and wait for jail

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the world will always the world. your entire existence is defined by your response.

LLCs were created for money laundering. Good luck in your endeavors.

Don't worry, you can write off all the illicit drugs you do as a medical exemption.

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remember to keep those losing betting slips to offset any winnings.

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O judgment! Thou art fled to brutish beasts,
And men have lost their reason.

Frank

I didnt win anything last year only lost lost like 3k
I owe nothing they owe me everything fuck them

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the world will always the world. your entire existence is defined by your response.

Gambling losses can only offset wins. If you are net down, you will not be deducting anything. It is not like capital losses, which can offset a certain amount of regular income ($3,000 per year I believe).

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Hawaii (fuck) You

I found that out in like 1985. It's a shame Ike had to find that out today.

i will offset my capital gains with my losses on stupid etrade thanks guys

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the world will always the world. your entire existence is defined by your response.

I have always done my own taxes and in an odd way I enjoy it. Except of course when it comes time to make the payments.

Capital losses amount I believe depends if you are married or not. And losses can be carried forward

And there is talk of raising the capital gains tax

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"I honestly don't see a good bet on the board here."

I pay an accountant, and always feel some regret as he is basically populating TurboTax with data I provide. But, I have a few complexities, and look at it as sort of an insurance policy—if I get audited, I have someone at the table with me.

Same, after my wife passed ten years ago and I had to find alternative education resources for my struggling daughter (who is doing great now, gainfully employed and facing her demons day to day) along with dealing with the life insurance payout. I used a local CPA to figure out how to claim her education costs and other tax situations. Now I just use TurboTax and pay for the extra service which will represent me in case of an audit.

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An unjust law is no law at all--St. Augustine of Hippo

Cause tried and true
I see the light in you
Oh, can you dig in my soul?
Could you smell my whole...
life?--Gener and Deaner