Althea
Althea told me...
Incorrect. It's called 'withholding tax' for a reason.
Read a W-4
I pay estimated tax as a self employed individual. It's still a tax payment
Disney World becomes unaffordable for the average American family
- Thread starter anatta
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Read a W-4
I pay estimated tax as a self employed individual. It's still a tax payment
The Wonderful World of Disney holds the record as the longest showing prime-time program on American television. It took Disney Channel's birth on cable to kill it off
Define 'income'. The IRS seems to have great difficulty with this.
What about investors? It's not their time or effort. They are investing in the time and effort of someone else. What about charities? If you put time and effort in to support a charity, that is not taxed.
What is the income of a gambler? He can't prove his losses. Does he even have a net profit? He put a lot of time and effort into his gaming, and LESS to show for it most of the time.
What about those that put in very little time or effort, yet get paid lots of money?
What about the criminal? His time and effort is spent stealing someone else's time and effort.
What about a collectible just sitting on the shelf while gaining value. The only time and effort is to sell it at a high (sometimes much higher!) price than what you paid for it. Why is a ditch digger that makes far less money taxed less?
Care to try to define 'income' a little better than that? Your definition doesn't work.
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No. It's a tax.
If too much is withheld, you do not get interest payment from the government for borrowing your money.
If too little is withheld, you may have to pay a fine or interest on what you 'borrowed' from the government.
How is that not a tax?
income can be derived from labor numbnuts
Income can be derived from many things, not just labor.
lol
wow - you are brilliant
hey - did you know the sun sets in the west too?
look it up bro - it's totally true
you control the amount withheld with your W4 as you know.
doo too much, you only have yourself to blame.
But are they 'income'? Keep trying. The IRS has literally written bookshelves of regulations trying to define this word.
Doesn't change my point.
in the sense that they are not out-go, yeah kinda. but since they are the result of risk, no.
So...can you define what 'income' means?
I have already shown you that definition is not adequate. Can you do better?
you want to lump capital gains in with ordinary income, sorry but you dont get to do that.
??? I'm not trying to do that. YOU are.