Sunday Midnight Opinions - 1/07/2024

[ronscarpa]

REMEMBER, no one really  knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt ...  RON 

 

 

Mnt Goat  I am told they fully intend to have this parallel market on target and under control within January...if they can accomplish this target, we know what their next move will be... We don’t need to speculate...We know as a FACT!

 

 

Pimpy  IRS says these would be capital gains...If you make more than $500 you've got to report it.  The tax bracket will be based on the amount of profit you earn...People try to over complicate it...You don't ever get a loss or a profit until you sell them. [NOTE: Some gurus feel it's capital gains others feel ordinary income. The only opinion that matters is the IRS's. Always consult your tax professionals at the appropriate time to determine the correct tax for your unique situation.]

 

Frank26  The IQD is going up in value because the American dollar is going down.  This is the skeleton key to the monetary reform.

 

 

[NWGUY]

Pimpy  IRS says these would be capital gains...If you make more than $500 you've got to report it.  The tax bracket will be based on the amount of profit you earn...People try to over complicate it...You don't ever get a loss or a profit until you sell them. [NOTE: Some gurus feel it's capital gains others feel ordinary income. The only opinion that matters is the IRS's. Always consult your tax professionals at the appropriate time to determine the correct tax for your unique situation.]
 

 

 

I have always considered this as capital gains.  I totally plan on paying taxes on it whenever it happens.  Some will work the edges, but unless you are Hunter Biden, I wouldn't do it!  

[Bob]

Everything you need to know about short and long term Capital gains for 2024:

 

 

https://www.financestrategists.com/tax/tax-planning/capital-gains/capital-gains-tax-rate-2023/?gad_source=1&gclid=CjwKCAiA1-6sBhAoEiwArqlGPr8BT2i3FmBKAx7xpRWwoC9dhymIROVaWeK4-bGNNdgi5dttLoCMnRoCEuIQAvD_BwE#capital-gains-tax-rate-2024

 

Just sayin!!

[Artitech]

15 hours ago, NWGUY said:

Pimpy  IRS says these would be capital gains...If you make more than $500 you've got to report it.  The tax bracket will be based on the amount of profit you earn...People try to over complicate it...You don't ever get a loss or a profit until you sell them. [NOTE: Some gurus feel it's capital gains others feel ordinary income. The only opinion that matters is the IRS's. Always consult your tax professionals at the appropriate time to determine the correct tax for your unique situation.]
 

 

 

I have always considered this as capital gains.  I totally plan on paying taxes on it whenever it happens.  Some will work the edges, but unless you are Hunter Biden, I wouldn't do it!  

Crooked joe didn’t pay his taxes on his loot either! Hopefully President Trump will get re elected and throw everyone of those crooked a$$ Biden’s in a federal prison plus his mutt commander down!!! JMHO!