posts from hell
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Taxes and Investing - What You Need to Know about Taxes and Investing
Didn't you say you recently invested in some stocks and made quite a pretty penny off it? The IRS consider investing on stocks a form of income.
Just saying.
Have you heard of capital gains and losses? If not, you may want to read up on them because they might have an impact on your tax return. The IRS wants you to know these ten facts about gains and losses and how they could affect your tax situation.
10 Facts About Capital Gains and Losses
Are you sure you aren't defrauding the government?
An income is an income, you can't really get around that one.
Banjo - Whats your problem. If he committed fraud, so be it. They will go after him. Are you trying to make something happen here? I don't see it.
Oh, meanwhile, please go ahead and tell me if I should report my poker gains from purely cash tables.
Let's assume I made $60,000 last year just off poker alone. (non tournament)