Jenna and I are filing our taxes jointly and we’re like “oh yippee maybe we can get a tax break.”
WE OWE $800 
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DONT PAY IT
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Oh, you have a bright disguise, mountains and lights
But, universe, I see your face in blackest night
And you see mine
Oh, universe, I see your face looks just like mine
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simply wait for the government to start printing money. the 800 dollars will matter a whole lot less after hyperinflation
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Awaiting the inevitable moment Trump starts beefing with Jerome Powell, and the markets really start looking like “Bad Apple”.
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so I sold off a bunch of stocks and have to pay capital gains which was not included in the previous $800. also it says I’m paying capital gains taxes on a much larger figure than anticipated. like I assumed it would charge me 15% on the difference of what I paid for the assets vs what I sold them for, but I got charged 15% on 90% of the value of the sale??? I fucking hate taxes
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Capital gains tax should just be on the difference?
Not sure what’s going wrong there.
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Like, you report your gains, not the full sale price.
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Yeah
Yeah I have no idea how that’s possible even if the stocks they liquidated to give me the requested amount were all the ones with outrageous profit margins.
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Are you using, like, TurboTax or something?
Your stock broker should give you a statement that you draw from.
Like, when I filed, Schwab gave me a form that I just gave to TurboTax, and that handled it for me.
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I’m realizing that I have a horrifically predictable way of composing follow-up messages.
Devastating.
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I did not enter it manually, and came from forms submitted automatically from or by integrating the tax software with Betterment (what I used to invest).
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Then I guess you just made bank of your investments.
Either that, or they got classified as regular income because you sold them after less than a year, but I don’t think that matches your problem.
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Tutuu saw people being financially responsible and had to put a stop to it.
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what’s going on with this economy
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litten are you trying to bait someone into calling you a kitten
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