eye65

re: Official CryptoTalk Thread

Posted by eye65 on 12/23/17 at 11:21 am

Sorry. I’m old and this is new to me....found this on Forbes

From a federal income tax standpoint, bitcoin and other cryptocurrency are not considered “currency.” On March 25, 2014, the IRS issued Notice 2014-21, which, for the first time, set forth the IRS position on the taxation of virtual currencies, such as bitcoin. According to the IRS Notice, “Virtual currency is treated as property for U.S. federal tax purposes.” The notice further stated, “General tax principles that apply to property transactions apply to transactions using virtual currency.” In other words, the IRS is treating the income or gains from the sale of a virtual currency, such as bitcoin, as a capital asset, subject to either short-term (ordinary income tax rates) or long term capital gains tax rates, if the asset is held greater than twelve months (15% or 20% tax rates based on income). By treating bitcoins and other virtual currencies as property and not currency, the IRS is imposing extensive record-keeping rules and significant taxes on its use

re: Official CryptoTalk Thread

Posted by eye65 on 12/23/17 at 10:52 am

So more about taxes and withdrawals...are you guys claiming this as gambling income or what? I feel silly watching any longer and am about to wade in the water.

If I catch lightning in a bottle and get some crazy 2000% gain in a month, I’ll want out..

re: Suggest a Starter Book for an 11 year old girl

Posted by eye65 on 12/15/17 at 11:13 am

Having to read anything more than we have to about trump sounds like a punishment to me...check out Peter Lynch’s books.

-3

Tax loss harvesting/ reducing MAGI

Posted by eye65 on 12/10/17 at 10:49 am

Am I correct in reading that there is no limit to the amount of losses that can be realized during the year to offset capital gains?

I don’t want our income to be any higher this year and want to unload a bunch of losers that have been held for years to wipe out all gains. Thanks!

re: I Love Watching All Of The NFL Players Sitting For the National Anthem Today

Posted by eye65 on 9/24/17 at 3:43 pm

Well said. I like how this got anchored..free speech, opposing opinions and all.

The best part to me is the owners who are backing the players and essentially giving trump the finger too.

Hopefully it escalates all year...The orange moron will strike back with his hurt feelings soon on twitter.

O-T Lounge

-5

re: Advice

Posted by eye65 on 9/10/17 at 3:32 pm

Reread the numbers and think you're unsure of what the next year would bring. I would try to max 401k this year if possible and both do it next year. Wait to see about Roth eligibility depending on wife's job

re: BREAKING (AP): N Korea appears to be readying launch of intercontinental ballistic missile

Posted by eye65 on 9/4/17 at 8:55 am

quote:
Please make california great again

Pretty great out here already dickface.

Political Talk

-9

re: FYI: new Brand New out today

Posted by eye65 on 9/2/17 at 3:38 pm

Huntsville North Star? Used to know some of those guys. Saw them play many times early on

re: ANTIFA beat another old man and pours urine on him

Posted by eye65 on 8/28/17 at 6:48 am

quote:
who but the left would use bodily fluids during an assault?

Lsu fans

Political Talk

re: Things to do in Atlanta?

Posted by eye65 on 8/24/17 at 2:51 pm

If downtown at coke/aquarium, might as well hit the varsity up the street. Not fine dining, but historical

re: Eclipse Music.

Posted by eye65 on 8/21/17 at 11:26 am

Pixies- distance equals rate times time
LINK

re: Post some Punk

Posted by eye65 on 6/21/17 at 1:06 pm

One day I'll get around to starting my punk superthread to discuss old bands with a small handful of posters...
Summertime

re: Music compilation for my Dad's 75th - Songs about trains

Posted by eye65 on 6/19/17 at 12:21 pm

Ccr- crosstie walker
Skynyrd- railroad song
Haggard- my love affair with trains album
Cash- story songs of the trains and rivers album
Boxcar willie
Roger miller- king of the road
Lonesome whistle- hank sr

re: First baby purchases

Posted by eye65 on 5/28/17 at 9:13 am

I wouldn't buy much of anything yet. Economically, go to yard sales, check Craigslist, and accept free stuff from people you know with kids. Your wife may not be cool with that though. We survived with cheap/free everything...that name brand stuff adds up fast. If you buy new, buy a stroller combo that comes with a bucket car seat to use for first year...Walmart makes a cheap one.
Two important (to me) things to look for are a Bjorn carrier and an ergo carrier..good luck

re: vans warped tour lineup released

Posted by eye65 on 3/22/17 at 8:02 pm

Figured you might like valient thorr or municipal waste.
It's amazing to me that hatebreed is still a band...had the 1st one on tape when it came out.

re: The Ultimate Bay Area Rap Thread

Posted by eye65 on 3/21/17 at 6:08 pm

Do you actually live in the bay or just like the music?
The B.U.M.S

re: You have 14 days to backpack, day hike, and explore the American west

Posted by eye65 on 3/14/17 at 2:48 pm

Agree.

I would personally save CA for a totally separate trip and never go farther than about 300 miles from four corners...and camp most all of it. But it ain't my trip...good luck OP

re: You have 14 days to backpack, day hike, and explore the American west

Posted by eye65 on 3/12/17 at 10:36 pm

What's the maximum amount of time this trip can take? I feel like you will see a lot, but if you have to set up and break down camp daily how much are you really seeing? A lot of these spots are so amazing you might want a few days for exploring. If you're gonna put the effort in I hope you can stretch your timeframe a lot more...and swing through glen canyon and camp lees ferry if you can.

re: Vacation ideas with a 2-3 year old

Posted by eye65 on 3/12/17 at 10:20 pm

San Diego is our go to spot with 2 kids. There's a sea world/zoo/safari park pass for I think 1,3, or 7 consecutive days...we have season passes to both now. There's Point Loma, down town, beaches, boardwalks, surfing, old town....plenty to do. Our kids love it.