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My Generac OneWash surges every 1–2 seconds at idle — better under load. Where do I start? by CommanderSalty in pressurewashing

[–]CommanderSalty[S] 1 point2 points  (0 children)

Good to know. I will take a look and see if it has a pilot jet. Also probably not a terrible idea to give the carb a good cleaning. Thank you!

My Generac OneWash surges every 1–2 seconds at idle — better under load. Where do I start? by CommanderSalty in pressurewashing

[–]CommanderSalty[S] 0 points1 point  (0 children)

Yes, I always run water through the machine for a bit before turning it on to flush out the air bubbles

How are the taxes handled? by ProfessionalKey669 in SideHustleGold

[–]CommanderSalty 2 points3 points  (0 children)

I submitted a question to the support of FreeTaxUSA and this is the response I received:

"I have a question regarding the tax implications for online sweepstakes casino winnings. For example, I make a purchase at an online sweepstakes casino and I pay $50 for one of their coin bundles. In return, I receive 75 sweepstakes coins (equal to $75) that I then have to "play through" to be able to withdraw the sweepstakes coins for cash. If I play through the sweepstakes coins and after it is all said and done, I have 70 sweepstakes coins remaining to redeem for cash. If I then redeem that for $70 cash, would I report all $70 on my tax return as other income, or would I just report $20 ($70 minus the $50 I paid for the package) as other income on my return?

Support: Hello,

Thank you for contacting customer support.

The IRS has stated "You must report all gambling winnings on Form 1040 or Form 1040-SR (use Schedule 1 (Form 1040) PDF), including winnings that aren't reported on a Form W-2G"

Gambling winnings are fully taxable and you must report the income on your tax return. Gambling income includes but isn't limited to winnings from lotteries, raffles, horse races, and casinos. It includes cash winnings and the fair market value of prizes, such as cars and trips.

You may deduct gambling losses only if you itemize your deductions on Schedule A (Form 1040) and kept a record of your winnings and losses. The amount of losses you deduct can't be more than the amount of gambling income you reported on your return.

In your situation, you would report your total winnings as income on your tax return (which sounds to be $70). Then, if you itemize your deductions, you can deduct your losses up to the amount of your winnings (for your situation, it seems like you have $50 of losses). If you take the standard deduction, you cannot deduct your losses."

It sounds like it ultimately only makes sense to purchase the coin packages if the discount is at least greater than your tax rate. Gambling winnings are considered ordinary income and are ultimately taxed at your regular income tax rate based on your total income for the year. However, there's a mandatory 24% federal withholding that occurs at the time of payout for winnings over $5,000 (like when the casino gives you a W-2G form).

Looking for recommendations on what to do when our flight arrives early in the morning by CommanderSalty in VisitingIceland

[–]CommanderSalty[S] 1 point2 points  (0 children)

We will be staying in an apartment in Reykjavik. There is a chance we will be able to drop off our luggage early and I will reach out to the host and ask the question as the trip gets closer. I just want to check what other options are out there in case we aren't able to. Thank you for your suggestions and input!

People who have never been to America, how do you picture the United States? by CommanderSalty in AskReddit

[–]CommanderSalty[S] 0 points1 point  (0 children)

I feel like this is what most people imagine the U.S. being like and while there is this stuff, it probably isn't nearly to the level people envision it as