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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Carolyn who wrote (50056)10/4/2008 10:11:05 AM
From: tonto1 Recommendation  Read Replies (3) | Respond to of 224728
 
It depends on circumstances and would be considered other income...if she filed incorrectly.

You will note that Kenneth is VERY concerned about this, but could care less about Rangle avoiding $75,000 worth of rental income. That is much clearer to every taxpayer.



To: Carolyn who wrote (50056)10/4/2008 10:15:28 AM
From: TideGlider  Read Replies (1) | Respond to of 224728
 
I am familiar with state per diems and the IRS regulations on them change from year to year.

No big deal. Right or wrong it can be corrected. Unlike the sneaky stuff done by Rangle. The State od Alaska claimed they weren't income. Now it is up to the Feds to determine if they haven't already a policy that acknowledged the per diem in one way or the other.

Generally states confer with Federal IRS prior to declaring if an item is taxable or not to the employee.



To: Carolyn who wrote (50056)10/5/2008 1:20:31 AM
From: Neeka3 Recommendations  Read Replies (2) | Respond to of 224728
 
Perhaps Kenneth and his lib friends are suggesting we should require all govs to calculate the cost of their official housing and treat it like regular income and tax it as such?