When you rip off a crooked warden, where do you enter that on your 1040? Personal income or capital gains?
The price you paid was not taxable!
But… But… Me was spends a lotsa taxing time in there!
How can you be so obtuse
Not even my rock chisels?
I’m sure someone has tried to though!
Andy gave in to the Shawshank Temptation.
i’m 99% sure that if some billionaire would end up in jail they’d still find a way to make it tax deductible.
Expenses would be considered a deduction, not an exemption. The only thing in common is that they reduce the amount of tax you owe. Of course, this would screw up the replacement for “redemption”. I hate taxes, especially federal!
Yup, that is a truly terrible movie concept. Uh huh. Noooo question. [pause] Oh, yes, and very amusing, too. Very amusing.
“I see here you have listed a large amount spent on ‘Soap-On-A-Rope’.”
Inmates collect and cash in empties from the prison yard…The Shawshank Redemption Center.
I guess it would depend on the tax code in Zihuatanejo Mexico.
On the other hand, you don’t have any income to offset.
Bilan about 9 hours ago
When you rip off a crooked warden, where do you enter that on your 1040? Personal income or capital gains?
iggyman about 7 hours ago
The price you paid was not taxable!
Gent about 6 hours ago
But… But… Me was spends a lotsa taxing time in there!
Seth down about 4 hours ago
How can you be so obtuse
Doug K about 2 hours ago
Not even my rock chisels?
JamieLee Premium Member about 2 hours ago
I’m sure someone has tried to though!
uniquename about 2 hours ago
Andy gave in to the Shawshank Temptation.
SNVBD about 2 hours ago
i’m 99% sure that if some billionaire would end up in jail they’d still find a way to make it tax deductible.
Angry Indeed Premium Member about 1 hour ago
Expenses would be considered a deduction, not an exemption. The only thing in common is that they reduce the amount of tax you owe. Of course, this would screw up the replacement for “redemption”. I hate taxes, especially federal!
DaBump Premium Member about 1 hour ago
Yup, that is a truly terrible movie concept. Uh huh. Noooo question. [pause] Oh, yes, and very amusing, too. Very amusing.
PraiseofFolly 43 minutes ago
“I see here you have listed a large amount spent on ‘Soap-On-A-Rope’.”
Frank Burns Eats Worms 36 minutes ago
Inmates collect and cash in empties from the prison yard…The Shawshank Redemption Center.
timinwsac Premium Member 29 minutes ago
I guess it would depend on the tax code in Zihuatanejo Mexico.
prrdh 10 minutes ago
On the other hand, you don’t have any income to offset.