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Old 03-03-2011, 11:30 AM   #93 (permalink)
nephinfan
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Join Date: Dec 2008
Location: Nebraska
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Quote:
Originally Posted by raiderguy10 View Post
Personal use tangible property is not taxable.

You paid sales tax, which is a completely different tax than income taxes.
That's true, didn't think to separate that out.

As far as the personal use part:

I "use" my magazines to read & educate myself, just as I can say I "use" my cards to read & educate myself. I just don't see how the IRS can single out some of these things when "personal use" can be such a vague description. Maybe it just depends on how technical a person gets. The whole idea just frustrates me. Next, we'll all have to fill out forms before having a garage sale. Why doesn't the government go pick on the millionaires for a while.

(I know, I'm really reaching here, but when is enough actually enough?)

By the way, raiderguy, thanks for all the help you've been providing on this thread. I know there are a lot of us that appreciate it.
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Last edited by nephinfan; 03-03-2011 at 11:36 AM.
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