Reddit tax

you are subject to tax when ever you SELL a stock if it was for more than you paid. novice daytraders are often SHOCKED. Terrible-Wrangler-32. • 3 yr. ago. Stocks sold when held for less than 1 yr is tax at normal income tax rate. Stocks sold when held for more than 1 yr is tax at a maximum rate of 20%..

r/taxhelp: This is a community for questions and discussions about anything tax related. Feel free to ask for opinions, experiences, and insights… Multiply this number by the standard mileage rate ($0.655 per mile in 2023). If 5,000 business miles were driven the deduction is (5k * .655) $3,275. As an S-Corp owner, you can reimburse yourself the standard mileage rate for the use of your vehicle, which would be an expense for the business. Actual Expenses method.Then do the math based on your tax brackets. An example: -your salary is 100k. you contribute 15k to your 410k -the 2024 standard deduction is $14600. So your federal taxable income is: 70,400. For a single filer you owe: 10% on the first 11600= 1160 12% on the next 35550=4266 22% on the remaining 23,250=5115 Your total tax bill would be 10,541.

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Reddit is set to start trading as a public company in mid-March. Advance, the publisher that owns Condé Nast, owns a stake that could be worth nearly $2 billion. … r/taxPH. Hi! Recently got hired as an independent contractor for a US-based company, so wala kaming employee-employer relationship. Registered myself as a self-employed professional sa BIR. I already got my COR and opted for the 8% income tax rate option so annual and quarterly income tax lang yung babayaran ko. 3 days ago ... Payments on an individual tax account that have not been applied to a particular tax ... reddit · TinyURL · tumblr · Twitter · Whatsapp &...

It’s not uncommon for people to not know there SARS tax number. Having this number is very important for tax purposes. Keep reading to learn what a SARS tax number is and your vari...Ask them here! We are so lucky to have someone who knows everything about taxes, is knowledgeable about how they effect nannies and household employers, and is willing to answer lend free expertise over and over again. u/np20412 has been with r/nanny for years now, and has earned a reputation of Tax Dad, the Tax …Jan 30, 2024 ... Tax Tip 2022-52, April 5, 2022 — Taxpayers who can't pay the full amount of federal taxes they owe should file their tax return on time and ...Jan 30, 2024 ... Tax Tip 2022-52, April 5, 2022 — Taxpayers who can't pay the full amount of federal taxes they owe should file their tax return on time and ...

Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U.S. and International, Federal, State, or local. The IRS is experiencing significant and extended delays in processing - everything. Don't post questions related to that here, please. Listen. 2:34. Reddit Inc. is telling potential investors in its initial public offering that it expects revenue in 2024 to grow by more than 20% versus the previous year, …During 2022, I invested in SGOV, an ETF which holds 0-3 month Treasuries. Once each month, SGOV distributes a dividend, after which the share price of SGOV goes back down to ~$100. I believe that the majority of income from SGOV is subject to Federal taxes, but is exempt from State taxes (CA). And that you have to multiply the amount in the ... ….

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Free Tax Resources for 2024. This week is the official start of the 2024 tax season and I wanted to take a quick moment to share 2 valuable opportunities for free tax prep services. Using the software is a great way to lean about what all goes into your tax calculation and ultimately to gives you more insight into how to make strong financial ... Intro to Accounting & Tax Humor Subreddit. Thanks for dropping by the Accounting and Tax Humor subreddit. My hope is that you will find a link or two that will gives you a laugh or entertains you for a couple of minutes. My plan to allow people to have a lot of freedom in the types of humor that they post. In addition, it is also ok if the post ...

Make smart choices this tax season and save with TaxSlayer! Use our promo code to enjoy a 15% discount on the Classic Package – now priced at only $19.51, down from $22.95.Jan 10, 2024 ... Former turbo tax user. Just did my taxes using Freetaxusa based on this thread. I found it to be easier to use than Turbo tax and a heck of a ...

drink beer Jan 10, 2024 ... Former turbo tax user. Just did my taxes using Freetaxusa based on this thread. I found it to be easier to use than Turbo tax and a heck of a ... boeing factory tourbest shared hosting Once you get into Indirect Tax - it's very hard to get out of it. High demand coupled with low supply for indirect tax accountants (can be viewed as a positive though). Sales tax law - nexus issues. Tough to break into. Pros -. Always know when you can get off from work! High job demand once you have experience.Generally, your income tax is based on where you’re physically located when earning the income. So, if your job’s office is in state A, but because of the pandemic you’re living and working ... how to remove coffee stains from clothes Raise all of your 320 tax return fee by a mere $10 =$3200 to add to your software budget for next year …get better software, increase speed and accuracy. I have found the time saved with a pricier software typically pays off in time/efficiency value during tax season. Maybe this will get you into ultra tax or Lacerte. merrell moab 3what age is considered senior citizenphl economy parking lot If you are a US citizen, you cannot legally avoid taxes on crypto The long term capital gains can be $0 in certain situations FILING STATUS 0% RATE. Single Up to $40,000. Married filing jointly Up to $80,000. Married filing separately Up to $40,000. Head of household Up to $53,600. Open a charitable trust or Self-directed Roth …Rental property can reduce taxes. Even if you make money each month, the depreciation benefit along with the other deductions can make it show up as a loss on your taxes. Up to $25k of that loss can be used against your other income (more if you can qualify as a real estate professional). Make less money. Reply reply. what does a record producer do Listen. 2:34. Reddit Inc. is telling potential investors in its initial public offering that it expects revenue in 2024 to grow by more than 20% versus the previous year, … wo long fallen dynastywhere to stay in the finger lakesawd suvs Reddit's IPO could set the foundation for others going public in 2024. Here are the bank stocks that could get a big boost. Reddit , which claims to be "the front …3 days ago ... Payments on an individual tax account that have not been applied to a particular tax ... reddit · TinyURL · tumblr · Twitter · Whatsapp &...