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#1
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for now, not sure. the results of the appraisal definitely has me confused and uncertain
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72 Chevelle - F2 427sbc, TH400, & 3.50s in a 9" |
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#2
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When we had our taxes done this year, I wrote a check to the US Treasury for 31,726 dollars. We sold some Harley stock to build the place in Florida. Had to pay all the taxes on that. The couple that had their taxes done just before us are getting a refund of 9500 dollars, due to "earned income tax credit". The accounting firm has had a big number of people from the City of Flint move to their area, due to the government saying our County was too "segregated", so they, in their infinite wisdom, have moved the hood rats to the suburbs, on our tax dollar. The are both part time workers, on food stamps, section 8 housing, and who knows what other government stuff they get. Now I'm mad again this morning. Oh yeah, the accountant said to make the check out to UST because the gov thinks that using IRS on the check is too harsh of wording.
Melonhead, I would be looking for a different appraisal company. After all, I just heard BHO say the other day how much the housing market has improved, thanks to him and his policies. He wouldn't be telling us a lie, would he? |
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#3
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Wow, you must have sold a shit load of stock Tony, couldn't you have spread the sale out over a couple years. I don't know your tax situation so maybe it wouldn't have helped.
EDIT: Never mind, that would be capitol gains, long term I assume, not earned income. It's still early, haven't even finished my first cup of coffee. I always liked that earned income credit, "You didn't earn shit last year so here's some of Tony's money." Kind of a Robin Hood thing they got going on. Last edited by Hank70SS; 06-29-2013 at 06:49 AM. |
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#4
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Almost one third of the sale had to pay Fed and State capital gains taxes. It would have been more if we waited until this year, as the capital gains taxes are going up to support the stinkin Affordable Health Care Act. Also know as "give more free shit away".
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