You probably got a tax cut.....

DvlDog4WVU

All-Conference
Feb 2, 2008
47,366
3,521
113
Who files a 250K tax return with zero investments, zero losses, or zero itemizations above the standard deduction?

Ans: kkkcountrydumbass.
Someone who doesn’t know how to strategically plan for their financial future and lacks a tax strategy?
 

dave

Senior
May 29, 2001
60,612
839
113
Someone who doesn’t know how to strategically plan for their financial future and lacks a tax strategy?
Someone who complains about lising 90k in the market but doesnt know the difference between stocks and index funds?
 

atlkvb

All-American
Jul 9, 2004
83,691
7,878
113
Someone who complains about lising 90k in the market but doesnt know the difference between stocks and index funds?

How do you carry a stock/investment portfolio yet don't claim any of your capital gains, dividends or loses on an itemized return? No 1099-DIV/INT? No schedule B? No 403(b)?

On a 250K return? o_O
 
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atlkvb

All-American
Jul 9, 2004
83,691
7,878
113
You should EASILY be able to clear that standard deduction number at your income. Other than that, seems legit.

Oh will you pleeeeese quit lying so much? Just Damn!!!!!

No one in their right mind with that type of income would file a return claiming only the standard deduction! Not even Leftists who always complain about rich folks not paying their "fare share!"

Even they would try to keep a little more of that type of compensation if they were smart enough to actually earn it! :confused:

Geesh!!!!!!
 
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atlkvb

All-American
Jul 9, 2004
83,691
7,878
113
For income of $250,000:
standard deduction = $18,000
tax is $45,689.50 plus 35% over $200,000
=0.35*($32,000) = $11,200
Tax amount = $56,889.50
On income of $250,000 = 22.75%.

So, I actually pay more than corporations. Thanks for asking.
 

dave

Senior
May 29, 2001
60,612
839
113
How do you carry a stock/investment portfolio yet don't claim any of your capital gains, dividends or loses on an itemized return? No 1099-DIV/INT? No schedule B? No 403(b)?

On a 250K return? o_O
Greek. Ive never signed a 250k return. Maybe 40% of that.