New forums are now live. Check it out for yourself.

anyone ever been audited on taxes

Forum: NBA Betting
Author: [NBA Betting] Topic: anyone ever been audited on taxes
ckattar8 PM ckattar8
Joined: Dec 2012
Posts: 2494
 
ckattar8
Participation Meter
Veteran
Posted: 4/17/2018 1:43:51 AM
just wondering, anyone write off crazy numbers?
davemsh PM davemsh
Joined: Feb 2014
Posts: 11080
 
davemsh
Participation Meter
All-Star
Posted: 4/17/2018 2:04:24 AM
Are u self employed?
ckattar8 PM ckattar8
Joined: Dec 2012
Posts: 2494
 
ckattar8
Participation Meter
Veteran
Posted: 4/17/2018 2:21:09 AM
QUOTE Originally Posted by davemsh:

Are u self employed?

yes, i made 260k in 2017 (no write offs yet)

BUT 

I f***** up massively and never filed on 2016 for $160k earnings (without writeoffs)..... Not sure what to do


Lost 68 k the last 3 gambling like a jerkoff cash literally losing my mind
kimoinsd808 PM kimoinsd808
Joined: Apr 2008
Posts: 5449
 
kimoinsd808
Participation Meter
Captain
Posted: 4/17/2018 2:25:34 AM
You made $260k and you're looking for tax advice here.  Whatever guy.
VanDutch PM VanDutch
Joined: Dec 2009
Posts: 14003
 
VanDutch
Participation Meter
All-Star
Posted: 4/17/2018 2:31:12 AM
QUOTE

Originally Posted by ckattar8:

Posted: 7 minutes ago "Quote" Quote Originally Posted by davemsh: Are u self employed? yes, i made 260k in 2017 (no write offs yet)BUT I f***** up massively and never filed on 2016 for $160k earnings (without writeoffs)..... Not sure what to doLost 68 k the last 3 gambling like a jerkoff cash literally losing my mind

 

the last 3? Years? is so big deal ..the price you pay. peace_5

are write offs over 100K ? is so , big deal , suck it up and file then make payments if you dont have it. 

 

 

ckattar8 PM ckattar8
Joined: Dec 2012
Posts: 2494
 
ckattar8
Participation Meter
Veteran
Posted: 4/17/2018 2:53:12 AM
QUOTE Originally Posted by VanDutch:

 

the last 3? Years? is so big deal ..the price you pay. peace_5

are write offs over 100K ? is so , big deal , suck it up and file then make payments if you dont have it. 

 


once again very confused , im not a genius here........... I make way more $ than I deserve....... I never filed last year, before writeoffs I made 160k but never filed at all

now this year I made 260k before writeoffs


Everyone is saying figure out a way to get rid of 160k  taxes asap, I can easily write off 30-50k, but could I bs the whole thing or close to it, how would they realize it?

 

VanDutch PM VanDutch
Joined: Dec 2009
Posts: 14003
 
VanDutch
Participation Meter
All-Star
Posted: 4/17/2018 2:59:57 AM

[Quote: Originally Posted by ckattar8]Posted: 4 minutes ago "Quote" Quote Originally Posted by VanDutch:   the last 3? Years? is so big deal ..the price you pay.  are write offs over 100K ? is so , big deal , suck it up and file then make payments if you dont have it.   once again very confused , im not a genius here........... I make way more $ than I deserve....... I never filed last year, before writeoffs I made 160k but never filed at allnow this year I made 260k before writeoffsEveryone is saying figure out a way to get rid of 160k  taxes asap, I can easily write off 30-50k, but could I bs the whole thing or close to it, how would they realize it?

 

 

go talk to an tax accountant . an_light 

Cerebral PM Cerebral
Joined: Jan 2012
Posts: 372
 
Cerebral
Participation Meter
Prospect
Posted: 4/17/2018 3:12:16 AM
You can write off any number as long as you have an explanation that makes sense (up to a point).   You need to hire a good CPA who knows how to make the numbers "make sense" to the IRS.  (If you live in LA, PM me and I can refer you to a good CPA I know).
ckattar8 PM ckattar8
Joined: Dec 2012
Posts: 2494
 
ckattar8
Participation Meter
Veteran
Posted: 4/17/2018 3:26:44 AM
I can 110% make it make sense , a lot of what I do is cash
bum PM bum
Joined: Jan 2008
Posts: 8442
 
bum
Participation Meter
Captain
Posted: 4/17/2018 4:32:07 AM
VanDutch PM VanDutch
Joined: Dec 2009
Posts: 14003
 
VanDutch
Participation Meter
All-Star
Posted: 4/17/2018 4:48:20 AM
QUOTE

Originally Posted by ckattar8:

Posted: about an hour ago "Quote" I can 110% make it make sense , a lot of what I do is cash

 

 

 

whats a lot?   Cash dont count . Dummy peace_5

wmi799 PM wmi799
Joined: Mar 2010
Posts: 25547
 
wmi799
Participation Meter
Hall of Fame
Posted: 4/17/2018 8:23:26 AM


When is everyone going to realize all this guy does is post BS!?
packersbackers PM packersbackers
Joined: Nov 2007
Posts: 32940
 
packersbackers
Participation Meter
Legend
Posted: 4/17/2018 8:28:06 AM
QUOTE

Originally Posted by wmi799:

Posted: a minute ago "Quote" When is everyone going to realize all this guy does is post BS!?

This entire thread was a fabrication by covers biggest documented liar with the sole intention of trying to brag about making 260k a year to random degen gamblers...yet it takes a few moments to go into his posting history to see him begging for loans, how he was considering suicide, and all the other lies and creative stories he enjoys writing here.

Wonder what this clown is like in real life? No way he is even able to maintain a job as a McDonalds janitor.

wmi799 PM wmi799
Joined: Mar 2010
Posts: 25547
 
wmi799
Participation Meter
Hall of Fame
Posted: 4/17/2018 1:36:56 PM
QUOTE

Originally Posted by packersbackers:

Posted: 5 hours ago "Quote" Quote Originally Posted by wmi799: Posted: a minute ago "Quote" When is everyone going to realize all this guy does is post BS!? This entire thread was a fabrication by covers biggest documented liar with the sole intention of trying to brag about making 260k a year to random degen gamblers...yet it takes a few moments to go into his posting history to see him begging for loans, how he was considering suicide, and all the other lies and creative stories he enjoys writing here. Wonder what this clown is like in real life? No way he is even able to maintain a job as a McDonalds janitor.

peace_5

BIGDTITLE PM BIGDTITLE
Joined: Jan 2012
Posts: 11749
 
BIGDTITLE
Participation Meter
All-Star
Posted: 4/17/2018 1:47:06 PM
stop giving this guy attention.  Move on to another thread. 
whodamanny PM whodamanny
Joined: Feb 2009
Posts: 184
 
whodamanny
Participation Meter
Prospect
Posted: 4/17/2018 2:10:51 PM
Plenty of millionaires come into a kids forum to ask minimum wage workers about tax advice.
monstergrit PM monstergrit
Joined: Aug 2014
Posts: 4530
 
monstergrit
Participation Meter
Veteran
Posted: 4/17/2018 3:45:46 PM
SpiderJonGruden PM SpiderJonGruden
Joined: Dec 2017
Posts: 208
 
SpiderJonGruden
Participation Meter
Prospect
Posted: 4/17/2018 3:58:33 PM
Forum: NBA Betting
You have entered the forum as a GUEST. 
You must login/register to post or reply.
Desktop View: Switch to Mobile View