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Books / Taxes

  • Jul. 29th, 2004 at 5:07 PM
side-beard-flip
I need a reading vacation, my book in-queue is about to reach 50. It still hasn't recovered from the Powell's trip for [info]olstad's wedding last year, and the instant gratification of Amazon's used book marketplace doesn't help either. Perhaps I should institute a moratorium on buying books until I read more...but I just keep figuring that I have the rest of my life to read them. Its the Long View.

2002 taxes are done and 2003 are almost done. The process really drives home the perverse incentives of the tax system. Every time I sell a stock at a loss, I cheer. Receipts for Rx drugs I bought locally (instead of from overseas) at incredibly high prices are wonderful. I am in transports about my success at earning no income in 2002 or 2003. This is fucked up!

Unfortunately I screwed up and have to pay $800 in self-employment (Social Security) taxes from 2002. Even though my total income was zero, my consulting biz made money because I wrote my Stanford tuition check on January 7th 2003, so I can't deduct it :(.

I bet the IRS agent whose estimates (based on stocks costing nothing) were that I'd made six digits is partly paid on commission. I wonder if she picked me based on those bogus estimates, in the hope of a nice score. She's gonna be mighty disappointed. Darn.

Comments

[info]tigresa wrote:
Jul. 29th, 2004 11:45 pm (UTC)
It makes me SO UNBELIEVABLY IRATE that the fuckers who take our money from us force us to tally up the damage and take the responsibility for giving it to them under threat of fining us even more money if we don't do it right. They should have to do all that work, dammit!
[info]alexx_kay wrote:
Jul. 30th, 2004 07:41 am (UTC)
From my Quote file:
"The buying of more books than one can read is nothing less than the soul
reaching toward infinity, and this passion is the only thing that raises
us above the beasts that perish." -- A. Edward Newton
------
"She herself was a victim of that lust for books which rages in the
breast like a demon, and which cannot be stilled save by the frequent
and plentiful acquisition of books. This passion is more common, and
more powerful, than most people suppose. Book lovers ... want books
as a Turk is thought to want concubines -- not to be hastily deflowered,
but to be kept at their master's call, and enjoyed more often in thought
than in reality." -- Robertson Davies' "Tempest-Tost"

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