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Politics : Politics for Pros- moderated

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To: Murrey Walker who wrote (410887)2/15/2011 1:55:16 PM
From: ManyMoose2 Recommendations  Read Replies (2) of 793586
 
All of my income is reported. There is no way I could possibly hide it if I wanted to.

What frosts me is that my wife and I both got settlement checks of about $12 as a result of some class action lawsuit over a mutual fund that we no longer even have. The checks came with a severe warning about fraud and perjury, and were written in such a way that my credit union would not even cash them. I had to fill out paperwork to get the checks written to us, not our mutual fund accounts since we no longer have the funds. The measly checks finally came with a 1099 and a severe admonishment that the income had to be reported to the IRS.

FOR TWELVE DOLLARS! $100 worth of paperwork not counting my own.

And a certain medication that I have our health insurance pays about $2 for, which requires another $20 of paperwork to pay it. And my cost is 50 times the benefit. And the dental plan isn't worth the trouble to retrieve the benefit.

So when I go through TurboTax to try to maximize my deductions, do I feel guilty for claiming charitable donations I make in the form of old stuff I don't want anymore? Hell no!

Grrrrrr!
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