Write off expenses. Then HSA or 401k.

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Feb 14, 2019
12:21:38pm

jvquarterback Walk-on

Write off expenses. Then HSA or 401k.

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jvquarterback

Bio page: jvquarterback
Joined: Jun 10, 2011
Last login: May 1, 2024
Total posts: 6,582 (36 FO)

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Messages

Author

Time

Ugh. My wife did a small 1099-misc job for $1,000 and it cost $400 in taxes.

Ragnar Danneskjold $4,000,000 #neverforget

2/13/19 8:08pm

What's a 1099-misc job? Not sure what a 1099 is

TNT

2/13/19 8:12pm

Independent contractor maybe.

coug10278

2/13/19 8:15pm

TNT's pimp gets a 1099.

mulletino

2/13/19 8:18pm

Even though TNT generated $0 in revenue last year?

SuperTank

2/13/19 8:19pm

Yes, no one pays. But TNT's pimp has other subs.

mulletino

2/13/19 8:22pm

That tells me that your household income is pretty good.

ditch

2/13/19 8:23pm

Ragnar's mansion in San Diego......so unfair

TNT

2/13/19 8:25pm

#FILchastitybelt

mulletino

2/13/19 8:26pm

Ha, I wish. I'm about $400K/yr away from being middle class.

Ragnar Danneskjold

2/13/19 8:35pm

So you are in the upper class until you lose that much money?

TNT

2/13/19 8:38pm

Deduct her cellphone, mileage, and supplies against it.

Chester Copperpot

2/13/19 8:32pm

It's not enough to even worry about. I'm just mad.

Ragnar Danneskjold

2/13/19 8:34pm

Why get mad when the tax code provides a way for you to reduce

Chester Copperpot

2/13/19 8:37pm

I can't legally do that.

Ragnar Danneskjold

2/13/19 9:16pm

RE: I can't legally do that.

mulletino

2/13/19 9:21pm

You can't write off your entire cell phone bill for $1,000 of 1099 income.

JAGA97

2/13/19 9:53pm

Write off expenses. Then HSA or 401k.

jvquarterback

2/14/19 12:21pm

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