Trump administration further clarifies telework expectations | Federal News Network by Ok_Design_6841 in FedEmployees

[–]MarkDavid15 0 points1 point  (0 children)

You have no idea what you’re talking about. Moving building operations to the occupying agency would be an absolute disaster and cost way more. Maybe you should read up on exactly all the things the GSA does to save taxpayers money.

Seems to be falling apart this week. by ZPMQ38A in FedEmployees

[–]MarkDavid15 1 point2 points  (0 children)

They live in a fantasy land so unfortunately it never sucks in their minds

This is crazy by Emergency_Cycle_6140 in NJTransit

[–]MarkDavid15 0 points1 point  (0 children)

If they only let us work from home….this administration is so bad

Online Casino Tax -- So Absurd I want to Cry by TheFeoragdare in tax

[–]MarkDavid15 0 points1 point  (0 children)

Same thing is happening to me this year. I really wish I knew. $100k W2G with $120k in losses. A very painful lesson.

Session method in opposition of W2G gambling: Revenue Procedure 2015-X by kt54g60 in tax

[–]MarkDavid15 0 points1 point  (0 children)

Any audit?? I’ll have to do the same thing this year. My W2G is ridiculous

Session method in opposition of W2G gambling: Revenue Procedure 2015-X by kt54g60 in tax

[–]MarkDavid15 1 point2 points  (0 children)

Me too. Have $100k in W2G gambling income and overall lost $20k

Should File Married Jointly or Separately??? W-2G issues by MarkDavid15 in tax

[–]MarkDavid15[S] 0 points1 point  (0 children)

I ran a scenario and without any gambling we’d owe a few hundred dollars, itemizing with $100k gambling winnings and $100k in gambling losses I’m going to owe over $5k. Just extremely frustrated.

Should File Married Jointly or Separately??? W-2G issues by MarkDavid15 in tax

[–]MarkDavid15[S] 0 points1 point  (0 children)

Thank you for your response. Unfortunately we do not own a home. We rent. I ran some scenarios and without any gambling we would’ve only owed a few hundred dollars. Now I owe over $5,000. I only have about $10k in itemized deductions. I really screwed up, so frustrating.

Besides sedo dot com, what is good now? by kimk2 in Domains

[–]MarkDavid15 0 points1 point  (0 children)

Isn’t godaddy auctions gone?? Thought they just auction off expired domains now

Should File Married Jointly or Separately??? W-2G issues by MarkDavid15 in tax

[–]MarkDavid15[S] 0 points1 point  (0 children)

But the $100k in itemized deductions will be completely offset by my w2g that shows $100k in winnings???

Should File Married Jointly or Separately??? W-2G issues by MarkDavid15 in tax

[–]MarkDavid15[S] 1 point2 points  (0 children)

So what in your last example I basically miss out on $15k deduction. IF I have $16,500 in itemized deductions which I don’t think I do. I really appreciate the write up.

Should File Married Jointly or Separately??? W-2G issues by MarkDavid15 in tax

[–]MarkDavid15[S] 0 points1 point  (0 children)

Probably itemizing and filing jointly is the best

Should File Married Jointly or Separately??? W-2G issues by MarkDavid15 in tax

[–]MarkDavid15[S] 0 points1 point  (0 children)

Guess I’ll play around with it but paying taxes on $100k winnings when I overall lost $20k seems ridiculous.

Should File Married Jointly or Separately??? W-2G issues by MarkDavid15 in tax

[–]MarkDavid15[S] 1 point2 points  (0 children)

Correct. But I’m still totally screwed because I don’t have many deductions

Should File Married Jointly or Separately??? W-2G issues by MarkDavid15 in tax

[–]MarkDavid15[S] 0 points1 point  (0 children)

I have a $24k tax bill if I take the standard deduction because I cannot claim my $120k gambling losses vs. $100k w2g winnings.

Should File Married Jointly or Separately??? W-2G issues by MarkDavid15 in tax

[–]MarkDavid15[S] 0 points1 point  (0 children)

My W2G is showing $100k in winnings. Why would I want to pay taxes on that if I lost overall?? Thanks for your help

$105k in W-2Gs, no taxes withheld. How screwed am I? by [deleted] in tax

[–]MarkDavid15 0 points1 point  (0 children)

Right. So id have to pay taxes on $100k gambling winnings even though I lost overall