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BOHICA

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BOHICA last won the day on October 4 2019

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About BOHICA

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    Advanced Member

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    Idaho

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  1. Like EV and residential Solar Credits!!!
  2. Yep an as a 1099 worker you likely own your own business and get all the lucrative write offs that other tax payers have to make up in taxes do to the revenue loss of business credits and deductions.
  3. “Form W-2 is an Internal Revenue Service tax form used in the United States to report wages paid to employees and the taxes withheld from them. Employers must complete a Form W-2 for each employee to whom they pay a salary, wage, or other compensation as part of the employment relationship.”
  4. I want to know more about this carpenter that is required to provide his company a work truck, maintain it as well as fuel it as a W2 employee of the company.
  5. But taxpayers are going to have to make up the loses in Tax revenue for those business owners vehicle write offs.
  6. Did you see a Biden admin threw us business owners a bone and raised our mileage deduction rate to 62.5 cents a mile??? Poor people that don’t have businesses are always getting fucked and missing out on these lucrative tax advantage policies.
  7. When you have your own generation and you have EV’s that you could take advantage of tax credits and mileage deductions why not? $0 fuel expenses. can you imagine your work vehicles that cost 0 cents per mile essentially and you get to claim mileage deductions. How much would you save a year in fuel purchases?
  8. What make you think I don’t have a home business?
  9. So you get to write off some of vehicle expenses but the average Joe doesn’t? Sounds fair.
  10. EV pickups are pretty new and not widely available. But they get big fat write offs on what they have now being a business. Lowers their tax they have to pay greatly.
  11. Why yes I do. And then I jump into the company provided pickup to get to the job sites.
  12. So employee is required to purchase, maintain and fuel their own work vehicle as a W2 employee. They get a vehicle allowance?
  13. Is their income reported on a 1099 or a W2?
  14. Carpenter is a sub contractor then with out a business. Retards like that need to pay more in taxes for being retarded.
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