Interview With A Retard - Going inside the minds of true and honest fans.

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PenisMuncher23 said:
Wait, you have to pay taxes on gifts in the USA? I'm pretty sure 15k is well beneath that limit, and the guy is right in that he would report it (to get a tax credit I imagine), and Phil would be fine. I don't think it counts as income.
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Considering he doesn’t have a real job, a $15000 gift may be considered income if the IRS dug into how he makes his money. I’ll have to ask a family member of mine who is actually a CPA and an accountant, not a lying sack of shit like this guy is.

Also, any bank transaction over $10,000 gets reported through a CTR (Currency Transaction Report). This is not optional! This is required by the Bank Secrecy Act. This means tax and a ton of other personal information is pre filled by the bank’s software. If dumbass found this out and decided to decline to continue the transaction or tried to do multiple smaller transactions (reaching over 10k which is called structuring) he’d be slapped with a SAR (suspicious activity referral), and then he’d be in real trouble.
 
PenisMuncher23 said:
Wait, you have to pay taxes on gifts in the USA? I'm pretty sure 15k is well beneath that limit, and the guy is right in that he would report it (to get a tax credit I imagine), and Phil would be fine. I don't think it counts as income.
Click to expand...
As a business any money you receive is taxed as income. I don't care if you're self employed, a member of an LLC, or a corporation. You can only avoid paying taxes on free money as an individual. If you're self employed and someone who comes from your work life gives you money it's income or tax fraud and you get to pick which one.
 
SoapQueen1 said:
As a business any money you receive is taxed as income. I don't care if you're self employed, a member of an LLC, or a corporation. You can only avoid paying taxes on free money as an individual. If you're self employed and someone who comes from your work life gives you money it's income or tax fraud and you get to pick which one.
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So who’s to say Phil won’t finagle it to be a gift for him personally?
 
Bonesy I :heart-full: ur internet face but you are wayyyy more curious about these human tumors than I am. :cryblood: :cryblood::cryblood:

There are reasons why we don't understand these people.

You do you, but please. Never look directly into The Deadlights.
 
He is a 'deep cover troll'.

And boring to boot. He's talked to me and i wanted to kill myself every time he sent me a message
 
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