hi there Cardfather
I vote you as # 1 post in long time. A little humor is great once in a while.
However, on serious side this medicare rule is quite complicated. There are more pitfalls than W2Gs. A recreational player at $1 level can stack up a lot of numbers. Folks with regular income, stock sale, and ,say, selling a business should be careful when planning such a move. Good timing might pay as good as a $5 Royal. What if you hit small lottery at end of year? Tax pitfalls abound.
I personally don't understand this thing completely. A few years ago I asked my accountant about this
and he really couldn't explain it such that I feel I understand clearly. I believe I was caught on that
line 37 thing about something other than Medicare. It was some kind of deduction I lost. But i don't
remember what.
Cheers....Jeep
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Posted by: whitejeeps@yahoo.com
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