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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (541664)1/7/2010 12:25:18 PM
From: i-node  Read Replies (1) | Respond to of 1578306
 
>> I pay every dime I owe in taxes.

Right. You're gaming the system. Just like people who will choose to go uninsured because they can save money while getting away with it. Under the law.

(For the record, you may or MAY NOT be paying all the taxes you "owe". Many taxpayers misunderstand the provisions of IRC 1034 and IRC 121, as do many tax preparers. There are important cases where taxpayers who believed that merely following the letter of the law insulated them; but the "principal residence" requirement is a substantive issue, not a fine legal line.)