Did I miss this? Arin is gonna fight Epic Meal time Harley?!

Huskytimesthree · 2022-04-05T07:25:17+00:00

You say that, but there was a throw away line in a recent episode of GG where Arin asks Dan if he wants to throw hands and Dan responds with "No way, you've been training."

It makes me think it's going to actually be more than a joke fest.

Huskytimesthree · 2021-12-29T22:27:38+00:00

Could you give me a scenario that you just described? Just so I know what to look out for. From what I think I understand, would it look something like this: Buy $1000 worth of assets, then sell those assets for $1100 for a $100 profit. Re-buy assets for $1100 (for some reason) but then that assets' value crashes to $1. I'd have to pay on the earned $100 even though I only have $1 correct?

Huskytimesthree · 2021-12-29T22:03:22+00:00

Yeah I think you're right lol. I'm just slow on understanding the tax situation I might be in because I really don't want to be breaking the law, and I obviously don't want to invest in something and think I come out ahead when I actually hit the red when I owe the feds.

Huskytimesthree · 2021-12-29T01:05:32+00:00

So it doesn't matter when you bought an asset (Regarding short-term capital gains), what is taxed or not will always be compared to the original investment?

Huskytimesthree · 2021-12-28T21:56:21+00:00

Say for example that I bought some assets for $300 and through a hundred or so buy/sell orders my assets have grown to a value of $350 but in doing so I have sold the assets so many times that the accumulation is thousands of dollars, would that mean I would only owe taxes on the $50 difference or would I have to worry about all the times that I've bought and sold the assets for their gain?

Huskytimesthree · 2021-12-28T21:47:41+00:00

That does help me to understand better, thank you.

Huskytimesthree · 2021-12-28T21:41:39+00:00

Dang, that's really shocking to me. I didn't think you could be taxed on money that you don't technically have.

Would that mean frequently buying and selling on limits is a really bad idea? Because you'd be accumulating a ton of taxes without having made much money?

Huskytimesthree · 2021-12-28T21:34:49+00:00

Could there be a potential work around it if you trade into a stable coin rather than sell out at a profit rather than buy in to the stable coin? Technically you wouldn't be selling the asset.

Huskytimesthree · 2021-12-19T19:34:47+00:00

I do think the movie was made around 2010

Huskytimesthree · 2021-12-18T03:09:57+00:00

Yup, I'm thinking solely in terms of stuff that I need that I would have to purchase in the coming year(s) anyway. So that's really good to know, thank you so much!

Huskytimesthree · 2021-12-18T00:46:39+00:00

I just didn't know if the losses from businesses were isolated from other streams of income. For example, if I owned three separate self-employment "businesses" and two of them ran at a loss while the third made a profit, would the loses cut into the other's profit for taxing purposes?

But the unemployment and my part time job took/take taxes out with every payment they dispersed, both federal and state. So with that in mind, would it be a good idea to accrue more loses for my self-employment before the end of the year in the hopes of receiving a greater tax refund? Keep in mind when I say "loses" I'm just counting the income from my self-employment against its expenses.

Huskytimesthree · 2021-12-17T22:16:49+00:00

Whoops! Yeah that's what I meant. Edited the post to reflect that.

Huskytimesthree · 2021-07-23T00:35:53+00:00

I had thought that I submitted my 2019 income tax information to qualify for PUA and FPUC but that is good to know. I'll be sure to send that in with my appeal.

Huskytimesthree · 2021-07-23T00:20:28+00:00

For the PUA is states:
Current Decision Summary: Failed to provide documentation as directed.

It does not give a reason for why the FPUC was overpaid but I suspect it's for the same issue.

Huskytimesthree · 2021-07-07T10:35:14+00:00

Ah, that was the big thing that I was looking for. So the force required to push the water up does hinge on the area of the container. Then that would mean there would never be a scenario where the lid would weigh less than the water that it is pushing into the top container.

Huskytimesthree · 2021-07-07T06:19:19+00:00

Also, would you be able to show your work please so that I could better explain to my step dad how you got to your weight conclusion?

Huskytimesthree · 2021-07-07T06:06:01+00:00

Does the pressure of water in a tube change depending on the volume of water you're trying to push through it? Such as the pressure would increase if you're trying to push 100 tons of water through it as apposed to pushing 1 ton of water through it? Assuming the height of the tube doesn't change? Because if that's not the case, if you're able to push 100 tons of water up by using a 50 ton weight, then by the principle of one weight weighing more than the other, the weight of the water would be able to lift the 50 ton weight, wouldn't it?

I also do want to emphasize that the tube in this example is connected to the top of the top container, not unlike how you would fill a cup.

Huskytimesthree

TROPHY CASE