thene: Happy Ponyo looking up from the seabed (arc)
thene ([personal profile] thene) wrote2011-01-27 10:34 am
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Tax code discovery of the day: emotional distress is taxable. No, really.
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kyrias: (Default)

[personal profile] kyrias 2011-01-27 09:04 pm (UTC)(link)
I must owe them a fortune in back-taxes then.
thene: The Joy is facepalming at you. (facepalm)

[personal profile] thene 2011-01-27 10:30 pm (UTC)(link)
Depends if you've ever sued anyone for it. :) tl;dr, if you someone messes your shit up and you sue them for it, and you win, money that's designated as being compensation for a physical injury isn't taxable but money that's compensating you for 'emotional distress' is part of your taxable income for the year.
kyrias: (Default)

[personal profile] kyrias 2011-01-28 03:42 am (UTC)(link)
Oh, I know, I looked it up -- it was just the way you phrased it made it sound like HAVING emotional distress was grounds to pay taxes. :D
thene: Nono, the moogle mechanic from FFXII (moogle love)

[personal profile] thene 2011-01-28 03:51 am (UTC)(link)
No, I'm pretty sure that works the other way around :D
kyrias: (Default)

[personal profile] kyrias 2011-01-28 03:52 am (UTC)(link)
it's an never ending loop of taxes and pain!

You're not in chatting online?
thene: A fearsome ninja biscuit poised to attack. But some crumbs have fallen, reminding us of our frailty in the face of time (ninja biscuits)

[personal profile] thene 2011-01-28 04:44 am (UTC)(link)
Have been gadding about tidying & cooking. Hang on... (also, new post!)
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