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AMEX FR after having my Zync for 2 Weeks

Moderator Emeritus

Re: AMEX FR after having my Zync for 2 Weeks


Crashem wrote:

joeyh2007 wrote:

Account restored with a $1000 hard limit. 

 

Thank You Amex!


Congrats Joey.  Glad it worked out.  As FYI, probably better for you to declare that income and be aggressive about your business expenses.  Works out to about the same thing with way less risk from IRS



Agree with above...   take advantage of applicable deduction, but by all means, declare ALL the income.


Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
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Message 41 of 62
Regular Contributor

Re: AMEX FR after having my Zync for 2 Weeks

Don't play with the IRS.  In the 80s I made an honest mistake on a part time job, it was a less than $100 mistake on my taxes. Years later when the IRS discovered it, with fines, penalities, interest, etc... it became a $500ish situation for me.

 

Two things you cannot avoid are death and taxes.  If I can figure out how to avoid paying taxes I know I will live forever!!!  Death will be easy to beat compared to the IRS.


Starting Score: 600ish in 2007
Highest Score to date: EQ 716 May 2012(lender pull)
Current Score: EQ 685 6-21-12 ; Walmart TU Fico 744 6-05-12
Goal Score: 801
Message 42 of 62
Regular Contributor

Re: AMEX FR after having my Zync for 2 Weeks

Hey Joey I work for the IRS and what you are doing is tax evasion.  Which can be a felony, with a $100,000 penalty and 5 years in prison since you you openly admitted to knowingly doing it.  I really hope your name isnt Joe H.  And that your reported income wasnt 4k last year, could be easy to find you in the database with just the little info you left on this forum.  You should def be careful what you post online these days.

Message 43 of 62
Established Contributor

Re: AMEX FR after having my Zync for 2 Weeks


edens04 wrote:

Hey Joey I work for the IRS and what you are doing is tax evasion.  Which can be a felony, with a 100,000 dollar penalty and 5 years in prison.  i really hope your name isnt Joe H.  And that your reported income wasnt 4k last year, could be easy to find you in the database with just the little info you left on this forum.


Now its getting interesting...

About $215,000 total credit among 11 cards
Message 44 of 62
Valued Contributor

Re: AMEX FR after having my Zync for 2 Weeks


n777ua wrote:

edens04 wrote:

Hey Joey I work for the IRS and what you are doing is tax evasion.  Which can be a felony, with a 100,000 dollar penalty and 5 years in prison.  i really hope your name isnt Joe H.  And that your reported income wasnt 4k last year, could be easy to find you in the database with just the little info you left on this forum.


Now its getting interesting...


 

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EQ Fico 8 - 846
TU Fico 8 - 848
EX Fico 8 - 836
Message 45 of 62
Regular Contributor

Re: AMEX FR after having my Zync for 2 Weeks

And in your post from earlier today you say you live in NEW York City.  If I was you I would stop why you are ahead

Message 46 of 62
Valued Contributor

Re: AMEX FR after having my Zync for 2 Weeks

OH the drama!

 

And next on As the FR Turns....

Scores 5/15/2016 (clean reports!): TU Walmart FICO: 696 | EQ FICO: 679 | EX AMEX FICO: 680

In my new wallet: American Express Green EMV: PSL $2000 | BankAmericard Cash Rewards Visa EMV: $2500 | Citi AAdvantage Platinum Select World MasterCard: $6400 | Barclaycard Arrival World MasterCard: $1000 | Discover IT: $2500 | Amazon Rewards Visa Signature: $1500 | Chase Freedom: $1500 | Capital One QuicksilverOne MasterCard: $2100 | Target: $2800 | J.Crew $21,550 | Marvel (Captain America) MasterCard: $6000
Message 47 of 62
Established Contributor

Re: AMEX FR after having my Zync for 2 Weeks

Honestly, we're not required to file income tax returns cause by filing it we waive our 5th amendment. Now we all know we have to file them for various reasons, so it is best you do report your true income.

Message 48 of 62
Regular Contributor

Re: AMEX FR after having my Zync for 2 Weeks

Many have taken that stance in court (5th amendment) and not a single one has left with a victory

Message 49 of 62
Valued Contributor

Re: AMEX FR after having my Zync for 2 Weeks

Uh oh. Mission failed. Abort abort!

CH7 Discharged: 4-14-16
Rebuilding in Progress.....
May 2016 - EX: 594, TU: 582, EQ: 619
July 2016 - EX: 629, TU: 600, EQ: 622
Message 50 of 62