I love the black/gold dress and gold boots, Grace! Dress for Success!
I just filled in my tax forms for 2023. I used to do it on paper, but they made it mandatory to do it online this year. I like to do it on paper because my tax forms are the only accounting I have. I tried the online approach years ago, but I kept on getting stuck. But this time it was fast and easy, so that's cool. Since you do your own social media Grace, you can certainly do your own bookkeeping. And don't blow off your taxes, because tax years move faster than regular years.
Those are some nice guitars you have, Grace. Those are known as "assets". The IRS may overlook the assets you acquired when you were 16. Maybe. But it's highly likely that you're going to get more expensive gifts, so you're going to have to pay taxes on them. Yes Honey, the downside of materialism. And the IRS has a very sharp eye. I don't get expensive gifts. I don't have the money to pay taxes on them, so I would rather they give me cash. That way, I can pay the taxes on my gifts. If someone gave me a '61 SG, I would get it pawned, make a copy of the ticket, then get the guitar back out immediately. That way, I can use the ticket as proof of its estimated value. 400 bucks, probably. You might have the money to pay taxes on its collector's value, but who wants to do that?
