TER General

Re: Not quite the way I was suggesting...
nahtynikkey See my TER Reviews 90 reads
posted

But doesn't the IRS only allow you to claim exemptions for up to 3 or 4 children? That was my understanding... you can have 5 kids, but can only claim 3/4 of them as exemptions?

Posted By: ChgoCPA
but since the exemption for dependent children was $ 3,700 per child that would mean he could earn $ 111,000 and NONE of it is taxable (for 2011...the exemption increases in 2012 to 3,800).

But hell...yea put those kiddies to work and that might get him those retirement benefits as well :D

prepkid1218 reads

Every time, we see these dumb people making life mistakes... Now he wants us taxpayers to pay for his recklessness??? Just wanted to mention this again.

Father of 30 Seeks Help With Child Support

things to consider than just an std. Some people need a warning sign to wear around their heads that says "Idiot."

Dear Ms. Rayne:
Perhaps you can have an episode on your talk discussing the consequences and ramifications of not using barrier method protection. You can tease it by saying on the next London Rayne show" the economic and sociological consequences of not using barrier method protection of a former escort on the next London Rayne show".  It would be an excellent outlet for you because you are so outspoken on a variety of subjects.

prepkid67 reads

But I think you will actually do a good job with your experience. Maybe your retirement plan???

....and mind-blowing as this "recklessness" maybe to people with common sense this won't be the last story we read of some man (or woman) with too many kids they can't afford.  

Some men like the idea of as many kids as they can produce walking the earth (whether they can take care of them or not).  -_-

BTW I wonder how many std's he's picked up in his lifetime?  O_O

chipjeep78 reads


    I'll agree to help support the kids...as soon as he agrees to have his balls cut off!! And I don't just mean getting 'fixed', I mean cut the f**kers off!

Dr Who revived96 reads

while I look at it as careful tax planning

prepkid84 reads

Think about it. Say each kid chimes in $100 per month. That is total of $3000 for his retirement!

After all, he is making a long term future investment. LOL

Dr Who revived74 reads

but since the exemption for dependent children was $ 3,700 per child that would mean he could earn $ 111,000 and NONE of it is taxable (for 2011...the exemption increases in 2012 to 3,800).

But hell...yea put those kiddies to work and that might get him those retirement benefits as well :D

prepkid63 reads

I will have to recant my previous comment calling him dumb. He is prepared and is smarter than those working for JPM!

But doesn't the IRS only allow you to claim exemptions for up to 3 or 4 children? That was my understanding... you can have 5 kids, but can only claim 3/4 of them as exemptions?

Posted By: ChgoCPA
but since the exemption for dependent children was $ 3,700 per child that would mean he could earn $ 111,000 and NONE of it is taxable (for 2011...the exemption increases in 2012 to 3,800).

But hell...yea put those kiddies to work and that might get him those retirement benefits as well :D

HookerCops86 reads

... Condoms prevent minivans!!!

no_email85 reads

They were probably thinking with their ovaries.

Wait he was probably thinking with his testicals.

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