Making a hell of a lot of money in the market sounds fun until you open that tax app the next year and see that the IRS wants from you about as much money as you have left in your port. You’re gonna get rug pulled in the market, either by shit decisions or by the IRS.

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HEY CHAT IF I MADE 40K BUT LOST 50K WHAT DO I OWE THE IRS? ASKING FOR FRIEND

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You have to pay taxes on stolen money there's a box you can check on the IRS form

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Oh yeah sure. You won't be able to pay your property tax though so the IRS will take it from you

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No the IRS sent me the letter, the accountant told me to pay and I was like FAFO!

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I keep getting a bill from the IRS that I didn't pay 2024 taxes. I asked my accountant if it was real. He said to pay it and I was like wtf I thought I did Needless to say I still haven't paid it and it was originally $3,000 and the newest one says $4,000 Phishing SCAMS getting better and better each year

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You probably would want to file Chapter 7 bankruptcy. All of your unsecured debts would likely be discharged. Education loans would not be discharged simply by filing. IRS debt may or may not be discharged, depending on many factors. Secured debts will not be discharged.

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