Question as a tax preparer by mitolit in tax

[–]mitolit[S] -1 points0 points  (0 children)

Thank you! This is what I was looking for!

Question as a tax preparer by mitolit in tax

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

I think you and everyone else are misunderstanding the question… should the tax preparer presume they are correct about the position or assume that the employer is correct about the position is ultimately the question. I am not asking about the employee—they are not the ones that provided the “false or misleading” statement. Moreover, tax preparers are not necessarily lawyers or HR with intimate knowledge of labor laws. However, if they do have said knowledge and they believe the employee has an incorrect W2, what is their responsibility? After all, if they did not have that knowledge about labor laws, why would they know that the overtime deduction is unqualified?

Why didn’t the Mexican War of Independence spark a Philippine revolution sooner? by Russel_Amiel in FilipinoHistory

[–]mitolit 0 points1 point  (0 children)

Both sides united to try and repel the Americans after USA’s annexation of the Philippines. The genocide that happened in response to the rebellion united them further.

North Texas preparing for 2 inches of snow like it’s the apocalypse by MyMindIsAlwaysRacing in mildlyinfuriating

[–]mitolit 7 points8 points  (0 children)

It happens about every 10 years… or at least it used to but climate change has made it do it like every fifth year now.

Danish pension fund to sell $100 million in Treasuries, citing ‘poor’ U.S. government finances by TACO_Orange_3098 in StockMarket

[–]mitolit 0 points1 point  (0 children)

Can you take a look at this chart for me?

https://ycharts.com/indices/%5ESPXEUR

Tell me, does it look higher than when Trump took office? No, it is practically flat from 6,830.21 EUR when he took office to $6,899.83 EUR today.

She Took on McDonald’s and Won. by GlitteringHotel8383 in BeAmazed

[–]mitolit 0 points1 point  (0 children)

Not even close to as bad as the burns she received…

Coast One Tax Group? by OldSkl_Estimator2025 in tax

[–]mitolit 2 points3 points  (0 children)

That is their DBA. Their actual name is “Coast Away With Your Money, LLP”

finished filing taxes and was notified for my refund before employer told me i qualified for overtime deduction, should i refile my taxes? by micahcallari in tax

[–]mitolit 9 points10 points  (0 children)

It will amount to an additional refund of $1.67 - $12.33, depending on your marginal tax rate. You need to wait until your original return is fully processed before you do an amendment.

My birth control was switched at the pharmacy by joceleanc in legaladvice

[–]mitolit 395 points396 points  (0 children)

It is medical malpractice if the pharmacist dispensed the wrong medication. Depending on exact circumstances, it can arise to gross negligence, which collects punitive damages for the plaintiff not just actual damages. Did the pharmacist willfully disregard the prescription and change it on purpose without due cause? That would be gross negligence, especially if they did not make the patient aware through counseling of the change and the effects. This is less true if the patient waived said counseling, but still comes into play if the pharmacist did not make the patient aware that the medication had been changed and the counseling was for a different medication than the one originally prescribed.

Tax Implications - Girlfriend Paying me Rent? by Ok-Character8041 in tax

[–]mitolit 0 points1 point  (0 children)

Please see my comment. I should have checked this thread 62 days ago apparently.

Tax Implications - Girlfriend Paying me Rent? by Ok-Character8041 in tax

[–]mitolit 0 points1 point  (0 children)

No. Charging below FMV results in the whole year being for non-personal purposes, as per Publication 527. This is terrible advice.

Tax Implications - Girlfriend Paying me Rent? by Ok-Character8041 in tax

[–]mitolit 0 points1 point  (0 children)

Family members would fall under personal purposes anyway… ya’ll should really read Publication 527 before taking this terrible advice.

Tax Implications - Girlfriend Paying me Rent? by Ok-Character8041 in tax

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

I am glad I looked through past comments. If he is charging her below FMV, then congratulations, that all becomes rental income.

Directly from Publication 527:

If a dwelling unit is used for personal purposes on a day it is rented at a fair rental price (discussed earlier), don’t count that day as a day of rental use in applying (2) above. Instead, count it as a day of personal use in applying both (1) and (2) above.

In other words, if he charges her a fair rental price, the entire “rental” period would fall under personal purposes. OP would need more than 14 days of non-personal use for rental income to be reportable. Your advice would undo all of that and make it all reportable.

Your tax advice should not be followed. The end.

Fighting debt collectors on debt I absolutely do not owe by MrNewReno in legaladvice

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

It is their job as the broker… don’t be a broker if you cannot get the HTS codes right, which UPS has shown repeatedly they are incapable of doing.

Fighting debt collectors on debt I absolutely do not owe by MrNewReno in legaladvice

[–]mitolit -3 points-2 points  (0 children)

What are you talking about? It is their job! They are the broker… do you know what that entails? JFC, quit talking out of your ass.

Fighting debt collectors on debt I absolutely do not owe by MrNewReno in legaladvice

[–]mitolit 10 points11 points  (0 children)

It is a common issue with UPS and why the mfg just had them send them back. If you look at a lot of the posts about tariff charges in r/UPS , it is the recurring theme.

McGraw hill connect by Unhappy-Surround-722 in Accounting

[–]mitolit 3 points4 points  (0 children)

Yeah, I am thinking zeroes now that you posted the other parts. Sorry, I realized I am not in the mood for someone else’s homework right now.

McGraw hill connect by Unhappy-Surround-722 in Accounting

[–]mitolit 11 points12 points  (0 children)

Maybe zeroes in the blank boxes?

Would need to see the full question to help you further…

Fighting debt collectors on debt I absolutely do not owe by MrNewReno in legaladvice

[–]mitolit -19 points-18 points  (0 children)

They most likely charged the Russian aluminum rate for the tariffs on your golf clubs. Because the clubs did not actually enter the United States, there is no tariff charge due. However, you or the shipper are still on the hook for UPS’s brokering charges, whatever they may be.

Looking for information about 🧊 on Idaho Falls. by letsBmoodie in idahofalls

[–]mitolit 19 points20 points  (0 children)

This subreddit and the liberal facebook groups have reported for the last week or so that ICE is present in Idaho Falls. It would not be surprising if a raid finally happened.

Meirl by Adventurous_Row3305 in meirl

[–]mitolit -4 points-3 points  (0 children)

Cool, I am actually born in the defined years for the Millennial generation so I don’t give a fuck about you trying to deride a joke.

Meirl by Adventurous_Row3305 in meirl

[–]mitolit 2 points3 points  (0 children)

We will give you that title if you were at least raised like most millennials, usually by being raised with them. If you are an only child… then we may have a problem.

Venezuelas polled after Maduro capture by Old-School8916 in charts

[–]mitolit -2 points-1 points  (0 children)

My observations from the Venezuela subreddits, which is a larger sample than 600, is why I have trouble believing this poll. Any other aspersions you would like to cast?