Comments on: You win some, you lose some http://www.thecentsiblelife.com/money/taxes/you-win-some-you-lose-some/ Making ¢ents out of family life. Covering money, debt reduction, saving, frugal and budget-friendly products for families. Fri, 12 Mar 2010 06:04:51 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: CentsibleLife http://www.thecentsiblelife.com/money/taxes/you-win-some-you-lose-some/comment-page-1/#comment-1702 CentsibleLife Mon, 26 Oct 2009 23:12:36 +0000 http://www.thecentsiblelife.com/?p=1152#comment-1702 This is one reason I miss living in Delaware, MM! That sounds like such a clever way to get around the tax, and so thoughtful of the shop owner to do that. This is one reason I miss living in Delaware, MM!

That sounds like such a clever way to get around the tax, and so thoughtful of the shop owner to do that.

]]> By: Tweets that mention You win some, you lose some — the ¢entsible life -- Topsy.com http://www.thecentsiblelife.com/money/taxes/you-win-some-you-lose-some/comment-page-1/#comment-1689 Tweets that mention You win some, you lose some — the ¢entsible life -- Topsy.com Fri, 23 Oct 2009 14:17:35 +0000 http://www.thecentsiblelife.com/?p=1152#comment-1689 [...] This post was mentioned on Twitter by Kelly Whalen, Doc Juris. Doc Juris said: You win some, you lose some — the ¢entsible life: Fortunately since we have so many little tax deductions we wi.. http://bit.ly/3Rw9Ag [...] [...] This post was mentioned on Twitter by Kelly Whalen, Doc Juris. Doc Juris said: You win some, you lose some — the ¢entsible life: Fortunately since we have so many little tax deductions we wi.. http://bit.ly/3Rw9Ag [...]

]]> By: Kosmo @ The Casual Observer http://www.thecentsiblelife.com/money/taxes/you-win-some-you-lose-some/comment-page-1/#comment-1684 Kosmo @ The Casual Observer Fri, 23 Oct 2009 02:15:59 +0000 http://www.thecentsiblelife.com/?p=1152#comment-1684 Yep, you're mostly dead on with the tax advice. I'm married to CPA and I also have a degree in accounting (but I'm not a CPA). Technically, the side income is still taxable if it's under $600 - it's just that the payor isn't obligated to file a 1099 if it's less than $600. Which means that the government doesn't know about it if it's under $600. I'd definitely be willing to pay the taxes on a MacBook if I got one free :) .-= ´s last blog ..<a href="http://feedproxy.google.com/~r/TheCasualObserver/~3/8QiggPwugAg/" rel="nofollow">A Health Care Plan I Can Believe In</a> =-. Yep, you’re mostly dead on with the tax advice. I’m married to CPA and I also have a degree in accounting (but I’m not a CPA).

Technically, the side income is still taxable if it’s under $600 – it’s just that the payor isn’t obligated to file a 1099 if it’s less than $600. Which means that the government doesn’t know about it if it’s under $600.

I’d definitely be willing to pay the taxes on a MacBook if I got one free :)
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