2024 VALID NEW TAX METHOD,



jokerkid890

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How because you can't claim more losses than winnings?so it would pretty much equal out wouldn't it?
 

Chapsdad23$

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How because you can't claim more losses than winnings?so it would pretty much equal out wouldn't it?
NOPE IT WON'T EQUAL OUT YOUR OVERLOOKING SOMETHING THAT'S VERY SMALL BUT IMPORTANT... YOU PAY TAXES ON EVERYTHING WHY WOULDN'T PAY TAXES ON YOUR WINNINGS?
 
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jokerkid890

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I know you would pay taxes on your winnings..but you can't claim more loses then winnings..say you won 100 bux..the taxes on that is about 8 to 10 dollars...so then you also put down you lost 100 dollars because it can't be more than what you won..so the tax on that would be the roughly 8 to 10 your getting back ..I know you know I mean but it's the loop hole that I am not understanding or seeing and that's the part I would like your knowledge on
 

Chapsdad23$

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LOOK THIS IS AMATEUR HOUR... "PLAY WITH THE NUMBERS" 14-14=0 BUT YOU WERE TAXED ON THE 14 SO THAT MONEY COUNTS
 

HumbleHustle

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Do you file one big lump sum winning or do you break it down into multiple smaller winnings?
 
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