8/2/2019 IS THIS WHAT MAKES YOU SUBJECT TO INCOME TAX?

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8/2/2019 IS THIS WHAT MAKES YOU SUBJECT TO INCOME TAX?

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ydygq dv vsdsgc a| seg @gcgqdb Qgvgqpg? Lsv qljes oh

seg Lhsgqhgs whcgq @gcgqdb Qgvgqpg dhc L yovsgc ls szlfg

oh g.ndlbv( Nohoyob| cobbdqv" |gv(

Zegh |ow jgs ydlc a| fegfm ls lv cqdzh oh d adhm a|

seg fonydh| wvlhj seds pgq| adhmlhj v|vsgn( \ow fdve

seds fegfm oh seg adhm ls lv cqdzh zlseows edplhj dh

dffowhs( Dh| osegq adhm |ow yqgvghs ls so zlbb qgtwlqg

|ow so edpg dh dffowhs( Novs adhmv zlbb fdve d fegfm `oqwhcgq d seowvdhc zlseows dh dffowhs( A| bdz" dbb adhmv

dqg !vlvsgq! adhmv whcgq seg vdng bdz dhc edpg so fdve

seds fegfm( Zegh ls lv fdvegc |ow qgfglpg seg cgas

oabljdslohv o` seg Whlsgc Vsdsgv lh d !sqdhv`gq!( Ls lv

hos nohg| dv ls ohb| qgyqgvghsv nohg|( L dn hos egqg so

jo lhso dbb seg bdzv" vsdswsgv dhc Qgjv(" dhc zlbb hos

agfdwvg so co vo selv zowbc ag 4999 ydjgv dhc L zlbb bgs

|ow co seg qgvgdqfe( L dn kwvs jlplhj |ow ze| |ow ND\ ag

vwakgfs so seg lhfong sdu( @oq seovg o` |ow seds edpg

Zelfe Ohg Dqg \ow" jo so ydjgv 409 so 401 segh so ydjgv

71 dhc :3 lh seds oqcgq( @oq seovg o` |ow seds cohs"

|ow zlbb edpg so aw| seg aoom l` |ow zdhs so mhoz(

Seg edhcblhj o` segvg cgas oabljdslohv dhc seg

lhfong sdu zgqg aose ydvvgc lh seg vdng |gdq `oq d

qgdvoh( Seg qgdvoh lv gplcghs zegh |ow jgs cohg qgdclhj

selv veoqs dqslfbg( Seovg cgas oabljdslohv dqg seg

@gcgqdb Qgvgqpg Hosgv seds qgyqgvghs LOWv o` seg Whlsgc

Vsdsgv so seg Adhmlhj v|vsgn seds seg Whlsgc Vsdsgv

fqgdsgc lh 4

8/2/2019 IS THIS WHAT MAKES YOU SUBJECT TO INCOME TAX?

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cgyovlsv" zlsecqdzdbv" gsf(" dqg fohvlcgqgc !fdqq|lhj oh

d sqdcg oq awvlhgvv zlse seg Whlsgc Vsdsgv!( Sedsv ze|

seg| cohs fdqg zeo seg egbb |ow dqg" flsl{gh" hoh.

qgvlcghs dblgh" `oqgljhgq" hgwsqdb" zedsgpgq( Seg| dbb

wvg vfqly" cohs seg|? Zeds lv ohg o` seg vowqfgv

nghslohgc lh 4(504.5? Adhmlhj" dh| mlhc o` adhmlhj( Vo

seg wvg o` seg @gcgqdb Qgvgqpg Hosgv lv vwakgfs so dh

lhfong sdu `oq seg guflvg yqlplbgjg o` wvlhj seg yqlpdsg

sqdcgndqmgc vfqly o` seg `lvfdb djghs o` seg WhlsgcVsdsgv adhmlhj v|vsgn lh !sqdhv`gq!( Fegfm ows Slsbg 41"

64 dhc 10( Ls lv dbb segqg l` |ow zowbc aws ylfm ls wy

dhc qgdc ls(

Ohfg |ow sqdhv`gq d fgqsdlh dnowhs o` yqlpdsg LOW

cgas oabljdslohv |ow dqg vwakgfs so seg bldalbls| seds

fongv `qon wvlhj seg yqlpdsg vfqly lh seg sqdcg oq

awvlhgvv o` seg Whlsgc Vsdsgv( Ze| dqg seg| cgas

oabljdslohv? Hoz |ow vgg ze| seg| dqg `lqvs blghv oh dbb

yqoygqs| seds |ow selhm |ow ozh" aws co hos( Selv fongv

clqgfsb| `qon seg @gcgqdb Qgvgqpg ydjg lsvgb` zegqg seg|

vd| seg hosgv dqg zoqsebgvv( Egqg dqg d `gz gufgqysv;

!@gcgqdb Qgvgqpg hosgv qgyqgvghs d `lqvs blgh oh dbb seg

dvvgsv o` seg @gcgqdb Qgvgqpg Adhmv" dhc oh seg

fobbdsgqdb vygfl`lfdbb| egbc djdlhvs segn( @gcgqdb

Qgvgqpg hosgv dqg hos qgcggndabg lh jobc" vlbpgq oq dh|

osegq fonnocls|" dhc qgfglpg ho adfmlhj a| dh|selhj Selv

edv aggh seg fdvg vlhfg 4

8/2/2019 IS THIS WHAT MAKES YOU SUBJECT TO INCOME TAX?

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pdblc dhc bgjdb o``gq o` yd|nghs `oq cgasv zegh sghcgqgc so d fqgclsoq( Segqglv" eozgpgq" ho @gcgqdb bdz ndhcdslhj seds d ygqvoh oq oqjdhl{dsloh nwvsdffgys fwqqghf| oq folhv dv `oq yd|nghs `oq joocv dhc/oq vgqplfgv( @oqgudnybg" d awv blhg nd| yqoelals yd|nghs o` `dqgv lh yghhlgv oq cobbdq albbv( Lhdcclsloh" noplg segdsgqv" fohpghlghfg vsoqgv dhc jdv vsdslohv nd| qg`wvg sodffgys bdqjg cghonlhdsloh fwqqghf| %wvwdbb| hosgv daopg #19, dv d ndssgq o`yoblf|(

Cohs agblgpg ng? Fblfm oh selvzzz(wvsqgdv(jop/oyf/oyf9963(esnb&twgvs0 dhc qgdc ls `qon

seg eoqvgv nowse(

Cohs blmg ls? Zeds dqg |ow jolhj so co daows ls?

Zeds dn L jolhj so co daows ls? Zeds fdh |ow co daows

ls? Davobwsgb| hoselhj$ Gpgq| ohg jqlygv dhc fonybdlhv(

Ohb| d `gz edpg sqlgc so co dh|selhj daows ls( Ls `gbb

oh

8/2/2019 IS THIS WHAT MAKES YOU SUBJECT TO INCOME TAX?

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Seg| dqg dbb lh oh seg vfdn dhc edpg aggh vlhfg sdmlhj

qgdb nohg| dzd| `qon seg ygoybg( Aws lv vlbpgq dhc jobc

qgdbb| nohg| agbohjlhj so seg ygoybg l` seg| segnvgbpgv

edpg hos nlhgc ls" dvvd|gc ls" edc ls ngbsgc cozh dhc

folhgc ls ds d nlhs `oq seg fovs o` nlhslhj dv zdv

yqgplowvb| cohg? Selhm daows ls( Zeds clc seg Boqc

Dbnljes| vd| zegh Ygsgq veozgc Eln d folh zlse seg

ylfswqg o` Fdgvdq oh ls? !Qghcgq whso Fdgvdq zeds lv

Fdgvdqv(! Ygoybg" fonnoh ndh" \OW DQG HOS Fdgvdq dhchgpgq zgqg( Vo lv seg Whlsgc Vsdsgv folh dfswdbb|

Fdgvdqv %W(V( zelfe lv cg`lhgc dv Fohjqgvv Dvvgnabgc,

folh dbb opgq djdlh? Clc hos Ygsgq edpg so yd| d sqlawsg

`oq wvlhj Fdgvdqv folh? Lbb bgs |ow cgflcg l` d yqlpdsg

@gcgqdb Qgvgqpg vfqly lv seglq ydygq oq |owq ydygq( Zegh

|ow gufedhjg |owq bdaoq `oq yqlpdsg ydygq" segh dv Gqhlg

@oqc vdhj" !\ow ozg |owq vowb so seg fonydh| vsoqg(!

Gvygfldbb| zegh |ow fbdln so ag d Whlsgc Vsdsgv flsl{gh(

Zgbb |ow fdh sdmg ls oq bgdpg ls" seg feolfg lv

|owqv( Ln kwvs vwjjgvslhj selv lv dhosegq elccgh `dfs

Jopgqhnghs selgpgv cohs zdhs |ow so mhoz( Selv lv kwvs

seg sly o` seg lfgagqj( Zeds lv seg fonnoh cghonlhdsoq

lh dbb sdu vfdnv? Zeds cogv gpgq| ohg wvg lh cdlb|sqdhvdfslohv l` hos ydygq vfqly dhc fegfmv seds dqg seg

sqdcg dhc awvlhgvv o` adhmlhj o` seg `lvfdb djghs o` seg

Whlsgc Vsdsgv? L` seg Boqc Dbnljes| fdng cozh dhc dvmgc

|ow zeds eg dvmgc o` Ygsgq" zeds zowbc |ow ywbb ows o`

|owq yofmgs dhc veoz eln? Egqg lv ydqs o` seg Qgj(4(503.

3 dhc qgngnagq zeds WHLSGC VSDSGV seg| dqg sdbmlhj

daows" segqg`oqg" |ow dqg hoh qgvlcghs lh seg Whlsgc

Vsdsgv" segqg`oqg dblgh so seg kwqlvclfsloh GUFGYS |ow

dqg vslbb bldabg" qgdc seg `obbozlhj;

%7, Vygfldb qwbgv qgbdslhj so adhmlhj" `lhdhflhj" oq vlnlbdq awvlhgvv dfslpls|%L,Cg`lhlsloh o` adhmlhj" `lhdhflhj" oq vlnlbdq awvlhgvv( D hohqgvlcghs dblgh lhclplcwdboq d `oqgljh foqyoqdsloh vedbb ag fohvlcgqgc `oq ywqyovgv o` selv vgfsloh dhcydqdjqdye %a,%1, o` 4(5037 so ag ghjdjgc lh seg dfslpg fohcwfs o` d adhmlhj"`lhdhflhj" oq vlnlbdq awvlhgvv lh seg Whlsgc Vsdsgv l` ds vong slng cwqlhj seg sdudabg|gdq seg sduyd|gq lv ghjdjgc lh awvlhgvv lh seg Whlsgc Vsdsgv dhc seg dfslplslgv o`vwfe awvlhgvv fohvlvs o` dh| ohg oq noqg o` seg `obbozlhj dfslplslgv fdqqlgc oh" lhzeobg oq lh ydqs" lh seg Whlsgc Vsdsgv lh sqdhvdfslohv zlse ygqvohv vlswdsgc zlselhoq zlseows seg Whlsgc Vsdsgv; %d, Qgfglplhj cgyovlsv o` `whcv `qon seg ywablf" %a,Ndmlhj ygqvohdb" noqsjdjg" lhcwvsqldb" oq osegq bodhv so seg ywablf" %f,Ywqfedvlhj" vgbblhj" clvfowhslhj" oq hgjosldslhj `oq seg ywablf oh d qgjwbdqadvlv" hosgv" cqd`sv" fegfmv" albbv o` gufedhjg" dffgysdhfgv" oq osegq gplcghfgv o`lhcgasgchgvv" %c, Lvvwlhj bgssgqv o` fqgcls so seg ywablf dhc hgjosldslhj cqd`svcqdzh segqgwhcgq" %g, Yqoplclhj sqwvs vgqplfgv `oq seg ywablf" oq %`, @lhdhflhj`oqgljh gufedhjg sqdhvdfslohv `oq seg ywablfvsofmv oq vgfwqlslgv zlse dfslpgfohcwfs o` d adhmlhj" `lhdhflhj" oq vlnlbdq awvlhgvv( Hoszlsevsdhclhj seg qwbgv lhvwaydqd.jqdyev %1, dhc %6, o` selv ydqdjqdye zlse qgvygfs so seg dvvgs.wvg sgvs dhcseg awvlhgvv.dfslplslgv sgvs" dh| clplcghcv oq lhsgqgvs `qon vsofmv oq vgfwqlslgv" oq

dh| jdlh oq bovv `qon seg vdbg oq gufedhjg o` vsofmv oq vgfwqlslgv zelfe dqg fdylsdbdvvgsv" zelfe lv `qon vowqfgv zlselh seg Whlsgc Vsdsgv dhc cgqlpgc a| d hohqgvlcghsdblgh lhclplcwdb oq d `oqgljh foqyoqdsloh lh seg dfslpg fohcwfs cwqlhj seg sdudabg|gdq o` d adhmlhj" `lhdhflhj" oq vlnlbdq awvlhgvv lh seg Whlsgc Vsdsgv vedbb agsqgdsgc dv g``gfslpgb| fohhgfsgc `oq vwfe |gdq zlse seg fohcwfs o` seds awvlhgvvohb| l` seg vsofmv oq vgfwqlslgv jlplhj qlvg so vwfe lhfong" jdlh" oq bovv dqgdssqlawsdabg so seg W(V( o``lfg seqowje zelfe vwfe awvlhgvv lv fdqqlgc oh dhc %d,Zgqg dftwlqgc %4, Dv d qgvwbs o`" oq lh seg fowqvg o` ndmlhj bodhv so seg ywablf"%1, Lh seg fowqvg o` clvsqlawslhj vwfe vsofmv oq vgfwqlslgv so seg ywablf" oq %6, @oq segywqyovg o` aglhj wvgc so vdslv`| seg qgvgqpg qgtwlqgnghsv" oq osegq qgtwlqgnghsvvlnlbdq so qgvgqpg qgtwlqgnghsv" gvsdablvegc a| d cwb| fohvslswsgc adhmlhj dwseoqls|lh seg Whlsgc Vsdsgv" oq ....!

Ydjg 7 o` 0Djdlhvs seg Jqdlh Yqgvv . Seg Lh`oqngq

6/46/1941essy;//zga(dqfelpg(oqj/zga/199

8/2/2019 IS THIS WHAT MAKES YOU SUBJECT TO INCOME TAX?

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R

Hoz so yqopg seds seg vdng dyyb| so WV flsl{ghv qgdc

selv vndbb ydqs `qon 4.504

%1, Seg sgqn qgvlcghs o` seg Whlsgc Vsdsgv" dv wvgc lh selv ydqdjqdye" lhfbwcgv %L,dh lhclplcwdb zeo ds seg slng o` yd|nghs o` seg lhsgqgvs lv d qgvlcghs o` seg WhlsgcVsdsgv" %ll, d congvslf foqyoqdsloh" %lll, d congvslf ydqshgqvely zelfe ds dh| slngcwqlhj lsv sdu.dabg |gdq lv ghjdjgc lh sqdcg oq awvlhgvv lh seg Whlsgc Vsdsgv" oq%lp, d `oqgljh foqyoqdsloh oq d `oqgljh ydqshgqvely" zelfe ds dh| slng cwqlhj lsvsdudabg |gdq lv ghjdjgc lh sqdcg oq awvlhgvv lh seg Whlsgc Vsdsgv(+++ foqyoqdslohoh %d, Cgyovlsv zlse ygqvohv" lhfbwclhj flsl{ghv o` seg Whlsgc Vsdsgv oq dblghlhclplcwdbv dhc `oqgljh oq congvslf ydqshgqvelyv oq foqyoqdslohv" fdqq|lhj oh segadhmlhj awvlhgvv lh seg Whlsgc Vsdsgv" %a, Cgyovlsv oq zlsecqdzdabg dffowhsv zlsevdplhjv lhvslswslohv fedqsgqgc dhc vwygqplvgc dv vdplhjv dhc bodh oq vlnlbdqdvvofldslohv whcgq @gcgqdb oq Vsdsg bdz" oq %f, Dnowhsv egbc a| dh lhvwqdhfgfonydh| whcgq dh djqggnghs so yd| lhsgqgvs segqgoh"

Edpg d jooc cd|

Seg Lh`oqngq

Ydjg 0 o` 0Djdlhvs seg Jqdlh Yqgvv . Seg Lh`oqngq