>>12877616
if you buy 5 shares of sp500 for 650$ and then sell the 670/671 30 day vertical call options spread you can get about +40$ this month for doing almost nothing

if the price goes up the max you can lose is 100$, but 5 shares going up 20$ is 100$, so max loss is 0$

>>12877656
knock knock, capital gains tax time!

>>12877666
short term cg is taxed as normal income, so it could bump him into a higher tax bracket

long term cg is taxed as less

2026 Federal Income Tax Brackets (Single Filers)
Taxable Income
Tax Rate
$0 – $11,000
10%
$11,001 – $44,725
12%
$44,726 – $95,375
22%

if he is in 22% bracket the 40$ capital gain is actually $31.20 - state tax, but its still 0 max loss on the top

>>12877691
>$0 – $11,000
>10%
Excuse me, what?! Isn't there a cut-off for income tax?

>>12877712
well the bracket is post deductions, and standard deduction is ≈$15k

so if agi is 10k and standard deduction is taken then taxable income is -5k which is 0$, so no tax is owed and any withheld tax will be refunded

i think all state income taxes go off federal agi and may have their own deductions

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>>12877724
Yeah, I went reading after I made that post. Fuck me. Why are US taxes so complicated.

i think i'll make less money at the job i'm being interviewed for today than i would if i stayed on neetbux

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I make about a thousand dollars a month on disability but I'm not allowed to save any of it or else they'll cut off my benefits

>>12877727
i dont know, i like that they provide the forms with the instructions though

if bavi trailer dude has 55k agi -15k standard deduction he would be in 12% bracket

but if he had 55k wages + 5k short term capital gains -15k deduction he would be in the 22% bracket and all his income would be taxed at 22%, which would suck

so it could mess up his taxes

It just hit me on the toilet that money is like RAM: once you have enough of it, you'll use it just because it's there.

>>12877746
Even if you don't personally use it, it still gets used.
If you put in a bank, they use it to give out loans, maintaining only a fraction of total funds.
If you keep a X amount of cash and never use it, you just reduced the money supply and causing the currency to appreciate (by a negligible amount). So every dollar spent has an added value of a fraction of the cash you never use.

>>12877746
Just sounds like you're irresponsible with your money.

>>12877616
i get paid 11 figures just to post here and im worth every penny if you see a good post its mine

Your fortune: Good news will come to you by mail