Writing What I Want
I like to be hands-on with my finances, including my taxes. I also like to fill out forms. That’s why I like to use Free File Fillable Forms from the IRS.
Robinhood messed up. Or maybe it was the government. But in either case, Robinhood ended up sending me two sets of 1099s this year - an original one, and a “corrected” one.
If you mine cryptocurrency such as bitcoin, you’re making money. If you’re also in the US (or are a US citizen abroad), Uncle Sam wants his cut.
Perhaps it’s old news by now, but Alexandria Ocasio-Cortez (“AOC”) recently proposed a top marginal tax of 70% on people who earn more than $10 million. Instead of arguing the merits (or lack thereof) of this proposed tax, people instead seem to be arguing exactly what a marginal tax rate is.
Bitcoin, and all other cryptocurrencies in general, have had an exciting couple of years - from 2017’s massive bull run to 2018’s massive bear market. If you bought and sold any bitcoin or other currencies, Uncle Sam wants his cut - especially if you made money.
One of the two issues on the ballot across Montgomery County, Ohio this election cycle is the Five Rivers Metroparks Levy. Despite using - and enjoying - the Metroparks, I intend to vote No on this ballot initiative. It is the intent of this post to explain my reasoning.
$10,000 a month is $120,000 a year.
The City of Dayton is asking is residents and workers for another 0.25% of their income this November. Currently the rate is 2.25% - one of the highest in Ohio - so, if the tax is passed, the rate would climb to 2.5%.
