Zombie The Coronavirus Financial Thread (Personal, Local, National)

Discussion in 'Blazers OT Forum' started by EL PRESIDENTE, May 1, 2020.

  1. SlyPokerCat

    SlyPokerCat cats rool dogs drool

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    Yes.
     
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  2. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Looting the Louis store don't count
     
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  3. SlyPokerCat

    SlyPokerCat cats rool dogs drool

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    I'm a cat. You can't charge me.
     
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  4. donkiez

    donkiez Well-Known Member

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    You know if we had universal health care then you (or many like you) would not have to be stuck in a job they hate. You could take risks and start a business, or quit and take time finding a better job. The safety net gives you options that I am sorry you didn't have. I also was stuck in a job I didn't care for, but I don't think others need to suffer the same fate just because i had to. Honestly I think boomers are just bitter that young people are able to finally leverage a system that is stacked against them. How much did you pay for for education and house again?
     
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  5. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    Why not?
     
  6. SlyPokerCat

    SlyPokerCat cats rool dogs drool

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    UBI! UBI! UBI!
     
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  7. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    You gotta pay taxes on the looted merch
     
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  8. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    OR I COULD JUST BE LAZY AS FUCK AND LIVE SIMPLY

    (with universal health and UBI).
     
    Last edited: Dec 29, 2021
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  9. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    Not if you claim you're an Instagram influencer... bro.
     
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  10. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Dude, even fucking VENMO is gonna start sending 1099s if you click for goods and services.
     
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  11. SlyPokerCat

    SlyPokerCat cats rool dogs drool

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    Think about how many people aren't filing correctly that now will have to.
     
  12. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Ebay is gonna 1099 you if you sell more than $600 worth of stuff.

    https://pages.ebay.com/seller-center/service-and-payments/2022-changes-to-ebay-and-your-1099-k.html

    • Starting on Jan 1, 2022, IRS regulations require all businesses that process payments, including online marketplaces like eBay, to issue a Form 1099-K for all sellers who receive $600 or more in sales.
    • The new tax reporting requirement may impact your 2022 tax return that you may file in 2023. Starting in January 2022, look for emails and alerts from us that will help explain what’s changed, and what you need to do next.
    • If you haven’t already given us your Social Security number (SSN) or Individual Tax Identification Number (ITIN), we’ll ask you to provide it once you reach $600 in sales.
    • Since this information is required for all sellers with sales over a certain amount, if you don’t provide us with a SSN or ITIN, your payouts will be put on hold, your ability to list and sell on eBay may be restricted, and we may deduct backup withholding from future payouts.
    • Before January 2022, you may have received a Form 1099-K for selling more than $20,000 and 200 transactions, or selling in states with reduced thresholds. A Form 1099-K for the year 2021 will be provided to you by Jan 31, 2022.
     
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  13. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    As a dog, I don't have a social security number so I don't have to pay taxes.
     
  14. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    They will just not pay you. lol
     
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  15. SlyPokerCat

    SlyPokerCat cats rool dogs drool

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    Yep. Just think of how many people sell on those platforms that don't claim those sales on their taxes. Lots of resellers.
     
  16. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    $600 though? Some people just selling some of their own shit to get rid of.
     
  17. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    Like their cats!
     
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  18. donkiez

    donkiez Well-Known Member

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    I think a lot of people underestimate how much the gig job economy is affecting workers. It's changing the game. Need money? Work for a few hours and literally get paid the same day.
     
  19. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    I checked just now on Taskrabbit for someone to deep clean my kitchen and bathroom. Some are charging $80-120 an hour!
     
  20. donkiez

    donkiez Well-Known Member

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    My step son does Lyft and Uber, just enough for a few days spending cash. Takes him 2-3 hrs to make $100 depending on driver incentives.
     
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