Please explain this further as it doesn't seem a realistic response to me (not saying that's it's YOU who is wrong !)
I do have about $10000 a year in social security/pension income. Incidentally, The money on the 1099k is WAY less for me after all fees and expenses of doing business are taken out and from what I got to see came (thousands) in car repair, health care and, FINALLY, new eyeglasses. so, yes, I'm poor
How could filing capital gains reduce what I owe in taxes (or how could I not have taxes on $30,000?)
Sorry I'm so dense.
Thanks
-Allan
