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Old 06-18-2013, 12:34 PM  
L-Pink
working on my tan
 
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Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,151
Quote:
Originally Posted by adult_text_links View Post
Bravo Nicely Said!

"Are you going to tell me that depositing personal checks into your credit card account -- to be applied towards paying your credit card is tax evasion too?"

Nicely said? Your personal check didn't increase in value did it? The increase in value of an asset is taxable at each transaction. In the US you can't realize a gain without accruing that gain and paying tax on it at year end.


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Last edited by L-Pink; 06-18-2013 at 12:36 PM..
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