this post was submitted on 08 Oct 2024
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Looks like Roblaw’s at it again… robbing the working class to keep obscene profits rolling to the Parasite Class. And I bet the farmer who raised those turkeys get only a few dollars per.

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[–] [email protected] 17 points 3 months ago (1 children)

better get em before they hit $100

[–] [email protected] 19 points 3 months ago (3 children)

If I buy the 82 dollar turkey today and sell it when the turkey market hits 100 do I have to declare turkey capital gains

[–] [email protected] 4 points 3 months ago

Yes but you have to declare it verbally in person while gobbling.

[–] [email protected] 1 points 3 months ago

did you take possession of the turkey or did you buy intangible turkey?

[–] [email protected] 1 points 3 months ago

This may be a home but yes, it's from 8949 which is reported on schedule d which is then reported on form 1040.