Occupation

[ChEAr$]

is it really no longer necessary to give an occupation? When I started in the business (92) I was told they wanted a straight answer and used it in determining whether income reported was reasonable for that occupation or perhaps an examination was in order. Then at some point I heard that what you put really wasn't important but the company wanted us to put something. However, I never got a cite even for that opinion. It was the opinion of a big company that was contractually obligated to pay any penalties that might come my way unless it could show that I had willfully ignored my training so I just did what they said.

Since the occupation listed is supposed to be one's present occupation, it doesn't follow that IRS would want it just to correlate it with income. One could have been
a highly placed executive for the tax year in question with huge deductions, but
now, being laid off, works as a grocery bagger. (Yes, true case, down near Tampa)

[erchess]

On a serious note

is it really no longer necessary to give an occupation? When I started in the business (92) I was told they wanted a straight answer and used it in determining whether income reported was reasonable for that occupation or perhaps an examination was in order. Then at some point I heard that what you put really wasn't important but the company wanted us to put something. However, I never got a cite even for that opinion. It was the opinion of a big company that was contractually obligated to pay any penalties that might come my way unless it could show that I had willfully ignored my training so I just did what they said.

[Burke]

....

"spork" (spoiled rich kid) ??

I love that one!

[DaveO]

South Africa, while beautiful, is a dnagerous country. Too much flaunting of her wealth and they might call her "missing". Can't be too careful abroad.

[taxea]

Daddy's Girl, Brittney wannabe, Spending Daddy's Money, Trust Fund Baby...need I go on?

[ChEAr$]

All kidding aside, I don't even list an occupation any longer for a new client. Of course
software tends to bring over previous occupation if listed, so I just let that ride if still
accurate.

[Possi]

yes!

Heir........ Is that how it is spelled...???

That's a good one! Heir with a wild Hair!

[Possi]

Not mad...

Possi, what makes you so mad at her? How does it show that she is spoiled?

Maybe "Party Queen" would be appropriate?

I know her... was just poking fun, really.

[BOB W]

Heir........ Is that how it is spelled...???

[Gretel]

Possi, what makes you so mad at her? How does it show that she is spoiled?

Maybe "Party Queen" would be appropriate?

[Possi]

What would you put as the "occupation" for a spoiled little rich girl living on her daddy's trust fund while partying away in South Africa?

Aside from "unemployed" I am sure collectively we can come up with something....

"spork" (spoiled rich kid) ??