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tax question - 3/8/2007 3:17:19 PM   
drkstarmage


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since it is tax time of year does a master/dom claim his slaves on his taxes ?
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RE: tax question - 3/8/2007 3:35:34 PM   
shadevarr


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Don't know, I claimed all my toys though.

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RE: tax question - 3/8/2007 3:37:15 PM   
hereyesruponyou


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It depends on how much you support them. You can go online and determine that at the irs website. there are specific guidelines

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RE: tax question - 3/8/2007 3:51:57 PM   
PeggyO


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Hello,

The master/mistress/dominant would only be able to claim the submissive/slave as a dependent if the IRS criteria for them being a dominant is met.  For further information, see the regulations on IRS.gov.

There are a whole bunch of criteria that need to be met.  Consulting with a tax professional would be a good idea before taking the exemption.

Take care,

Peggy O

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RE: tax question - 3/8/2007 4:08:32 PM   
mstrjx


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This year, I didn't have to worry about that.  I filed as early as I had my paperwork ready, and have since received my 'fed' and state refunds back.

In the past, I've had partners who were way to 'dependent' for their own good, but I didn't try to con the government into thinking they were overgrown children.

In hindsight, maybe I should have.

_____________________________

Know thyself. It's the best gift you can ever give yourself.

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RE: tax question - 3/8/2007 4:33:24 PM   
MasterFireMaam


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Only if they are considered to be your "dependents". And, that's how they're denoted on the form, not as slaves or personal property. *chuckle*

Master Fire


_____________________________

The power of who we are can be intoxicating. The power of who we could be is humbling.
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BDSM How-To Books

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