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User Info How bad are your taxes this year? in forum [Polls]
Nightowl
Posts: 2370
Incept: 2007-06-26
Green
And so it begins...
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My taxes suck this year, in part, thanks to all the great advice from this forum! Damn you all smiley

And misery loves company so I thought it might help to know how bad Uncle sam is sticking it to everyone else.




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"...and, if you think there are 70 virgins waiting for you after you blow yourself into pizza toppings...YOU ISLAM!"
Pastor William Rennick

Matt
Posts: 5358
Incept: 2007-06-26
Green
Bothell, WA
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It'll be the first year I've ever had to pay at the end of the year instead of getting a refund. I'll probably end up owing the equivalent to about 6 months of salary too, do to trading gains.

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I love the smell of burnt pump monkey in the morning. -Etz
Nightowl
Posts: 2370
Incept: 2007-06-26
Green
And so it begins...
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Thanks gang-bang victims you are making me feel better already!

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"...and, if you think there are 70 virgins waiting for you after you blow yourself into pizza toppings...YOU ISLAM!"
Pastor William Rennick
Genesis
Posts: 130658
Incept: 2007-06-26
Admin A True American Patriot!
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I thought BenDover was the only one from the government butt****ing me for last year.

Wrongo.

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
Infidel
Posts: 5463
Incept: 2007-08-27
Green A True American Patriot!
between here and there
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I took some KY Warming Gel with me to the year end accountant meeting, it was still a bit rough. Rough like in rat tail file rough!!

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"DON'T BELIEVE THEM, DON'T FEAR THEM, DON'T ASK ANYTHING OF THEM." -ALEXANDER SOLZHENITSYN.

Nawal_chadha
Posts: 376
Incept: 2007-06-26
Green
New York
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I suddenly don't much like my 500% appreciation this year.

Are profits on options reported? :)
Genesis
Posts: 130658
Incept: 2007-06-26
Admin A True American Patriot!
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By you.

And yes, you better.

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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
Opusfluke
Posts: 764
Incept: 2007-07-03
Green
Berkeley, CA
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Deleted, too purile.

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The Church is near, but the way is icy. The tavern is far, but I will walk carefully.

Nawal_chadha
Posts: 376
Incept: 2007-06-26
Green
New York
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:)

I have always taken your advice and could not have done it without your ticker!

Thanks K_D
Krush
Posts: 5999
Incept: 2007-08-19
Green A True American Patriot!
WTF Island, Pacific
Banned
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I had no real income this year. My dad was right; paying taxes sucks, but not paying taxes sucks more!

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"The gap of real GDP and the fake GDP is already as wide as a slut gang banged by 1000 people. I can't imagin people will say: gee, this slut is tighter than expected."--Mliu_01
Bishie
Posts: 470
Incept: 2007-11-01
Green
Washington, DC
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I'm paying less than 2006. That said I'm paying north of $1M to the IRS for 2007.
Bear
Posts: 6822
Incept: 2007-07-10
Green
SoCal, and my avatar is so ****ing small you cant see it
Banned
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taxes.....smiley



Grrrrr..........way too much...wayyyyyyy too ****ing much

Wait'll Cruiser see's this thread smiley

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Paying other people interest to borrow money from ourselves that we don't have...... Asimov

It is quite possible that ALL debt in FRB with fiat currency is insoluble...Mogambu

Digdouggler
Posts: 2808
Incept: 2007-11-26
Green A True American Patriot!
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I owe big. I may have more tax liability from my 2007 realized gains than from my salary.

Almost all of it is non-1099 reported (options). Am I the only one who finds him/herself wondering "If it's not on the 1099, does the IRS *really* know about it?"

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The regulators have transformed into brokers
Traderduke
Posts: 148
Incept: 2008-02-21
Green A True American Patriot!
vienna va
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I'll be getting a nice refund because I didn't know about the Ticker Forum! or rather :( But hey, at least I know now.

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This requires total concentration
Etz
Posts: 13886
Incept: 2007-06-26
Silver
LA
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I have to write a check this week.


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Legal chicanery and beneficent darkness are the banker's stoutest allies - F.Pecora.

Careby
Posts: 1267
Incept: 2007-11-26
Green
Eastern Kentucky
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126 pages! I think the aggravation is as bad as the tax.

I'm seriously thinking about trading only futures from here on out because it's so much simpler at tax time. Maybe equities and ETF's in retirement accounts, and just futures in taxable accounts.


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"You don't ban electric guitars just because someone may have a lapse in logic, goodwill, and decency and spontaneously break out into country and western music." - Ted Nugent
Bountyhunter
Posts: 1273
Incept: 2007-12-05
Gold
Newport Beach, Ca
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Bishie, that 1M is from trading or other sources? Either way ..congrats I guess ..hehe. Makes me feel slightly better that I'm *only* sending them 130k.

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Our world is run by the MOB, ie the Banking Cartel. The number one recipient of commercial banking donations. Barack Obama. Nuf said.
It’s enough to convict OJ with an ALL black jury. LCruiser 1/29/09
Stormsailor1981
Posts: 8449
Incept: 2007-06-26
Green
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i don't want to talk about it.
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