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NyCWalker76 t1_jedf805 wrote on March 31, 2023 at 5:13 AM

You don't pay taxes on losses. You pay taxes on gains since you clearly do not have.

maidog6 OP t1_jedfiiz wrote on March 31, 2023 at 5:17 AM

oh ok. like that makes sense to me, but Laws and regulations are always so complexed. I just never know these days lol sorry

Hymdol t1_jedgkv2 wrote on March 31, 2023 at 5:29 AM

You belong here.

maidog6 OP t1_jedgm0c wrote on March 31, 2023 at 5:29 AM

no lies detected

KaleidoscopeNo592 t1_jedigz9 wrote on March 31, 2023 at 5:52 AM

Did you not put calls on the Deluxe Edition of TurboTax this year?

AdvertisingFront9300 t1_jee1nj4 wrote on March 31, 2023 at 10:19 AM

I've been throwing out these 1099 papers for years.

KaleidoscopeNo592 t1_jee333g wrote on March 31, 2023 at 10:38 AM

What happens when you reach 1100 papers?

crazier_ed t1_jee8wft wrote on March 31, 2023 at 11:42 AM

You don't want to know this ...

BenRobNU t1_jeeiqf0 wrote on March 31, 2023 at 1:09 PM

I hate myself for laughing at this.

BaquanSarkley428 t1_jef53cb wrote on March 31, 2023 at 3:43 PM

Complexed Laws and regulations for an individual who certainly has a complex of his own.

Nooddjob_ t1_jef7o0z wrote on March 31, 2023 at 4:00 PM

It’s actually very easy to do your taxes when you don’t make any money.

JustFloatingAbout t1_jeeffrj wrote on March 31, 2023 at 12:42 PM

Not only that but you can claim the loss! Looks like you’re the real winner after all.

sluttyseinfeld t1_jeehk6b wrote on March 31, 2023 at 12:59 PM

Dude an accountant only costs a couple hundred bucks stop asking Reddit for tax advice unless you want to end up like Wesley Snipes

maidog6 OP t1_jees2tw wrote on March 31, 2023 at 2:17 PM

Living the Snipes Life

Big-Industry4237 t1_jef5qob wrote on March 31, 2023 at 3:48 PM

Your loss can be used to offset gains

RutabagaLeather3665 t1_jedwym0 wrote on March 31, 2023 at 9:14 AM

He has yet to fear tax men.