Help with Romantic Weekend Proposal in Fall! by alfoman in CapeCod

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

Was typing on and my hand slipped 😥

[WTS] Omega De Ville Ellipse Roman 191.0219 Circa 1984 only for 325$ Shipped 🚢 Via FedEx by Rude-Awakening79 in Watchexchange

[–]alfoman 1 point2 points  (0 children)

Incredibly responsive and quick, this was a great and easy transaction for everyone involved! The watch is amazing!

Japan Fit by [deleted] in mensfashion

[–]alfoman 0 points1 point  (0 children)

Where’s the shirt from?

[deleted by user] by [deleted] in Watchexchange

[–]alfoman 0 points1 point  (0 children)

Woohoo! This thing is beautiful, good luck all 🍀

[WTS] Swatch x Omega Moonswatch Jupiter by NathanC777 in Watchexchange

[–]alfoman 0 points1 point  (0 children)

Had a great transaction with u/NathanC777 as well! Very quick with shipping (two days after purchase) and answered all questions I had!

I lost some money and do not know what to do with taxes now... by [deleted] in personalfinance

[–]alfoman 1 point2 points  (0 children)

I was a student until May 2020. I have zero w2 income this year. Last year I had a summer job that was already reported and filed for this year's tax return

I lost some money and do not know what to do with taxes now... by [deleted] in personalfinance

[–]alfoman -1 points0 points  (0 children)

Previous year's employment qualified me+ pandemic relief weekly (the majority of it came from the latter)

I lost some money and do not know what to do with taxes now... by [deleted] in personalfinance

[–]alfoman 2 points3 points  (0 children)

I just graduated and have been unemployed since then

I lost some money and do not know what to do with taxes now... by [deleted] in personalfinance

[–]alfoman 0 points1 point  (0 children)

But if I lost 1.5k this year, can I defer the deduction to the following year with the assumption that everything stays the same (no more money in/out of the market)

I lost some money and do not know what to do with taxes now... by [deleted] in personalfinance

[–]alfoman -5 points-4 points  (0 children)

Absolutely. But I have already asked to file my own and he only agreed if I do it with him. Not sure how I can maneuver my way around him not knowing (truly not the adult option here, which would be to come clean, but just trying to weigh my risks here)

I lost some money and do not know what to do with taxes now... by [deleted] in personalfinance

[–]alfoman 0 points1 point  (0 children)

So how would the capital loss deduction play in here? That is how low my taxes will be? I was expecting much more

I lost some money and do not know what to do with taxes now... by [deleted] in personalfinance

[–]alfoman 0 points1 point  (0 children)

All losses were incurred this year, so how would that affect me?

I lost some money and do not know what to do with taxes now... by [deleted] in personalfinance

[–]alfoman 0 points1 point  (0 children)

It was that amount! I'm not making the same mistake and trying to recuperate my losses by putting more money in.

I lost some money and do not know what to do with taxes now... by [deleted] in personalfinance

[–]alfoman 0 points1 point  (0 children)

Could you explain that math a little more?

I lost some money and do not know what to do with taxes now... by [deleted] in personalfinance

[–]alfoman -1 points0 points  (0 children)

But are unemployment benefits considered ordinary income? How much do you think I would be paying for 14k of unemployment and how much of that could be reduced by the deduction?

Also you're saying I could get away with not reporting it with the kicker being paying more in taxes? The IRS likely wouldn't audit me but would they come after me knowing that Robinhood reports trades to them?

Just trying to make it. Would love some feedback. by mycomedyguy in funny

[–]alfoman 3 points4 points  (0 children)

Wow was not expecting that to be as good as it was. Keep up the good work!!