1 penny below reporting limit for the IRS… I see what you did there
(Don’t give me $599.99)
That’s not the right IRS rule.
$599.99 is the amount below which a business does not need to issue a 1099 to a contractor who provides business services. The contractor still needs to report the income on their taxes.
The correct number for the IRS rule for money that is gifted rather than received in a business transaction is $13999.99–more than that, and the recipient has to pay tax on the gift and report it to the IRS. Less than that, and there’s no taxation or reporting requirement.
If we’re choosing amounts on the basis of IRS limits, give these people $13,999.99.
Go. Do it.
Reblog if it’s ok for people to give you $13,999.99
i regret telling a coworker i was vegetarian because now a year later theyre vegan and they live in portland and every single day they post a video on facebook of them like running up to a truck full of cows and crying and apologizing to them
who’s papa john
I just realized that I commented on the wrong post.
“A medical professor who has tracked the cost of insulin over the
years says that a one-month supply of a popular version that cost $45
wholesale in 2001 cost $1,447 14 years later, an increase of almost
3,000%. That’s the wholesale price, not the retail price that an
uninsured patient would pay.“
Yeah, that’s messed up.
Wow, it’s really rare I see something cross my dash that’s actually directly tied to my life on a personal level, but yea, I’m Diabetic Type 1 and this is a problem.
I’ve been off insurance for the last three or so years and have been working around through channel I can to continue to obtain insulin and supplies for my insulin pump (of which is currently a problem, fun) for free or at reduced costs.
The Lilly Cares program is one I heavily endorse if your insulin is a Lilly product. They’ve been incredibly helpful to me.
Please spread the word on this. There are a lot of young Diabetics like myself that do not have a support system, do not have insurance, and do not have jobs. Insulin is literally a life-sustaining medication for T1 Diabetics. Please do not just ignore this.
This is tragic, and we shouldn’t forget Khaled al-Asaad, the archaeologist killed by ISIS because he refused to reveal where valuable artefacts had been moved for safekeeping.
Khaled al-Asaad is now part of the history he gave up his life trying to protect, please, never forget about him.
PkCaramel 