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If you could change only one thing about the tax code

Posted on: April 7, 2017 at 14:16:23 CT

El-ahrairah BAMA

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M.O.B. Votes:

What would it be?

Mine would be how depreciation comes back to bite ya in the ass when you sell an asset

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So I'm doing my taxes, because - GA Tiger MU - 4/7 13:48:18

If you could change only one thing about the tax code - El-ahrairah KC - 4/7 14:16:23

Options are unlimited, but the fact we are FORCED - GA Tiger MU - 4/7 14:24:36

Pay your share and stop whining - pickle MU

- 4/7 14:31:49

RE: Pay your share and stop whining - molon labe KC - 4/7 16:05:54

any minimal amount of planning - meatiger MU - 4/7 14:26:14

So I can avoid MDR's? Why am I skeptical? - GA Tiger MU - 4/7 14:27:26

RE: So I can avoid MDR's? Why am I skeptical?(nm) - meatiger MU - 4/7 14:28:31

He can't change your RMD. (Mm) - Sarazen MU - 4/7 15:42:48

I do limit it. I take the minimum MDR allowed.(nm) - GA Tiger MU - 4/7 14:30:02

RE: If you could change only one thing about the tax code - MOCO SON MU - 4/7 14:19:24

Either of those would be a death blow - MrBlueSky MU - 4/7 14:24:06

RE: Either of those would be a death blow - MOCO SON MU - 4/7 14:28:29

I certainly don't disagree. But a consumption tax - MrBlueSky MU - 4/7 14:29:31

RE: I certainly don't disagree. But a consumption tax - MOCO SON MU - 4/7 14:33:38

I don't see it working well. Again, the real solution - GA Tiger MU - 4/7 14:32:19

My complaint is that every year I try to itemize and - MrBlueSky MU - 4/7 14:17:15

RE: My complaint is that every year I try to itemize and - MOCO SON MU - 4/7 14:25:00

LOL(nm) - meatiger MU - 4/7 14:17:14

I do my own every year. Have to fill out a long form - MrBlueSky MU - 4/7 14:14:37

RE: I do my own every year. Have to fill out a long form - MOCO SON MU - 4/7 14:17:46

He lives in his mom's basement so he doesn't know what those - TigerFan92 MU - 4/7 15:00:00

farms are basicall like businesses - meatiger MU - 4/7 14:27:42

RE: farms are basicall like businesses - MOCO SON MU - 4/7 14:30:31

And its not just doing it. Its understanding what the hell - GA Tiger MU - 4/7 14:26:09

I have long and short gains every year and rental income - MrBlueSky MU - 4/7 14:18:58

I did mine myself for years with no issues - Uncle Fester USMC - 4/7 14:05:11

Yeah, women ain't good with numbers, right. They - GA Tiger MU - 4/7 14:18:18

So you have a fool preparing your tax return... - tigerdb MU - 4/7 13:56:38

Preparation of income tax returns is such a waste of bright - ummmm MU - 4/7 14:21:41

RE: Preparation of income tax returns is such a waste of bright - MOCO SON MU - 4/7 14:38:41

The only time I had someone else do it, years ago, I - GA Tiger MU - 4/7 14:03:53

RE: The only time I had someone else do it, years ago, I - meatiger MU - 4/7 14:13:55

No, something about deductions.(nm) - GA Tiger MU - 4/7 14:19:56

that makes zero sense - meatiger MU - 4/7 14:24:56

Stop whining and pay your share (nm) - pickle MU

- 4/7 13:56:27

RE: Stop whining and pay your share (nm) - MOCO SON MU - 4/7 13:59:42

RE: So I'm doing my taxes, because - MOCO SON MU - 4/7 13:52:51

It occurred to me that it is so complicated that - GA Tiger MU - 4/7 13:58:43

What forms are you using? - meatiger MU - 4/7 13:52:36

Yrah, he's making shyt up again(nm) - playhard NWMSU - 4/7 13:58:04

I'm sure you don't. But I do see that - GA Tiger MU - 4/7 13:55:21

RE: I'm sure you don't. But I do see that - meatiger MU - 4/7 14:12:18

Ok. Line 42, 1040. If you make enough on line 41 - GA Tiger MU - 4/7 14:22:24

How about - Rabbit Test MU - 4/7 13:50:56

RE: How about - MOCO SON MU - 4/7 14:06:15

Just? With or without the tax code in place? - GA Tiger MU - 4/7 13:53:48

You make this much in a month. - Rabbit Test MU - 4/7 13:57:50

RE: You make this much in a month. - MOCO SON MU - 4/7 14:03:19

I've long said we should have one flat rate for ALL - GA Tiger MU - 4/7 14:02:31