not tax deductable!! :( Forum

meowmeow · Post by **meowmeow** » Thu Jan 28, 2010 9:40 am

I was so excited thinking...HURRAY I spent $1,000 dollars taking the LSAT and applying to Law school and its gonna be Tax Deductable ...NOT

I can't believe its not!!

adameus · Post by **adameus** » Thu Jan 28, 2010 3:26 pm

mother #@$#er!!!! I blame it on Obama. That guy is taxing us to death....

SamSeaborn2016 · Post by **SamSeaborn2016** » Thu Jan 28, 2010 3:30 pm

Ah, the smell of tax season and the desperation that goes with it.

I spent a good 10 minutes this morning explaining to a coworker why she probably shouldn't claim all her dry cleaning (LOTS) as a work expense. The fact that we have no dress code at work should have been enough.

sirchristaylor · Post by **sirchristaylor** » Thu Jan 28, 2010 3:34 pm

adameus wrote:mother #@$#er!!!! I blame it on Obama. That guy is taxing us to death....

"What new taxes are you paying because of Obama," I wonder.

09042014 · Post by **09042014** » Thu Jan 28, 2010 3:35 pm

Interest on student loans is apparently.

PoliticalJunkie · Post by **PoliticalJunkie** » Thu Jan 28, 2010 3:40 pm

sirchristaylor wrote:
adameus wrote:mother #@$#er!!!! I blame it on Obama. That guy is taxing us to death....
"What new taxes are you paying because of Obama," I wonder.

You obviously haven't been reading anything. Ahh ignorance is bliss, until you end up working!

He's eliminating the tax cuts under Bush, eliminating itemized deductions, and increasing capital gains taxes. For those of us, NOT in undergrad and living in the real world with investments, this limits my profits, especially the capital gains taxes.

He's also considering a VAT oh and a fine forcing me to pay for health insurance.... Nanny state anyone?

Big Dog · Post by **Big Dog** » Thu Jan 28, 2010 3:45 pm

I was so excited thinking...HURRAY I spent $1,000 dollars taking the LSAT and applying to Law school and its gonna be Tax Deductable ...NOT

I can't believe its not!!

Sorry, unless you are taking a continuing ed course (required to maintain your license, for example), fees for professional schools have not been deductible for many years. The only professional school that is arguably tax deductible is business school.

adameus · Post by **adameus** » Thu Jan 28, 2010 3:53 pm

PoliticalJunkie wrote:
sirchristaylor wrote:
adameus wrote:mother #@$#er!!!! I blame it on Obama. That guy is taxing us to death....
"What new taxes are you paying because of Obama," I wonder.
You obviously haven't been reading anything. Ahh ignorance is bliss, until you end up working!

He's eliminating the tax cuts under Bush, eliminating itemized deductions, and increasing capital gains taxes. For those of us, NOT in undergrad and living in the real world with investments, this limits my profits, especially the capital gains taxes.

He's also considering a VAT oh and a fine forcing me to pay for health insurance.... Nanny state anyone?

Well I'm actually Canadian, so none of this effects me. I was just joking and echoing general republican propoganda/paranoia

meowmeow · Post by **meowmeow** » Thu Jan 28, 2010 4:06 pm

Im taking all my stuff with me when I get my taxes in to see if they can make it work somehow anyways.

bfarring · Post by **bfarring** » Thu Jan 28, 2010 4:11 pm

PoliticalJunkie wrote:
sirchristaylor wrote:
adameus wrote:mother #@$#er!!!! I blame it on Obama. That guy is taxing us to death....
"What new taxes are you paying because of Obama," I wonder.
You obviously haven't been reading anything. Ahh ignorance is bliss, until you end up working!

He's eliminating the tax cuts under Bush, eliminating itemized deductions, and increasing capital gains taxes. For those of us, NOT in undergrad and living in the real world with investments, this limits my profits, especially the capital gains taxes.

He's also considering a VAT oh and a fine forcing me to pay for health insurance.... Nanny state anyone?

I hear Somalia has pretty low taxes...

LSATfromNC · Post by **LSATfromNC** » Thu Jan 28, 2010 4:15 pm

bfarring wrote:
PoliticalJunkie wrote:
sirchristaylor wrote:
adameus wrote:mother #@$#er!!!! I blame it on Obama. That guy is taxing us to death....
"What new taxes are you paying because of Obama," I wonder.
You obviously haven't been reading anything. Ahh ignorance is bliss, until you end up working!

He's eliminating the tax cuts under Bush, eliminating itemized deductions, and increasing capital gains taxes. For those of us, NOT in undergrad and living in the real world with investments, this limits my profits, especially the capital gains taxes.

He's also considering a VAT oh and a fine forcing me to pay for health insurance.... Nanny state anyone?
I hear Somalia has pretty low taxes...

yeah, but they're still killer

aIvin adams · Post by **aIvin adams** » Thu Jan 28, 2010 6:10 pm

PoliticalJunkie wrote:
sirchristaylor wrote:
adameus wrote:mother #@$#er!!!! I blame it on Obama. That guy is taxing us to death....
"What new taxes are you paying because of Obama," I wonder.
You obviously haven't been reading anything. Ahh ignorance is bliss, until you end up working!

He's eliminating the tax cuts under Bush, eliminating itemized deductions, and increasing capital gains taxes. For those of us, NOT in undergrad and living in the real world with investments, this limits my profits, especially the capital gains taxes.

He's also considering a VAT oh and a fine forcing me to pay for health insurance.... Nanny state anyone?

some of us live in the real world but don't pay capital gains taxes. we're called poor. anyway thought obama already lowered the cgt by half and wants to temporarily eliminate the capital gains tax?

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