rhythmisaprancer@kbin.social 5 months ago
I am assuming you are dealing with 1099 income. As someone who had that 15+ years ago and didn't understand some things, I really hope you understood while earning that you have to pay both your portion of Social Security, and your "employer" would pay since you are your employer (even tho it's BS in this case). I didn't and owed a huge amount of money. Over US$3k. And I was making $10/hr so that was a lot. I had to get another job to pay it. I hope you'll be ok and are happy with what you do!
shiroininja@lemmy.world 5 months ago
shit like this is why I won’t declare my upwork earnings. My dad declared nothing for his side job construction work for 30+ years and faced no issues, why should I with my digital work.
I already found a loophole for not having to pay a fine for lack of insurance. I’m sure I can find one for this. I mean, the 1% do it…
Maggoty@lemmy.world 5 months ago
Your 1099 is sent to the IRS too. They already know because it was digital. Side construction work is offline and in cash. The IRS will also work with you on payments if you cooperate.
spongebue@lemmy.world 5 months ago
It must be nice to decide which rules you have to follow and which you can ignore
Ubberwubber@lemmy.world 5 months ago
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spongebue@lemmy.world 5 months ago
Did I … did I just get butt-replied?
shiroininja@lemmy.world 5 months ago
Pot has been illegal in my state my entire life, still smoked it. I still speed on the highway. It’s all a game of cat and mouse. I’ll live my life my way no matter what rules they make. one day it could be illegal to love who I want. It won’t stop me though :)
spongebue@lemmy.world 5 months ago
Cool, I’ll just pay more taxes to make up for it or deal with lesser-funded services. It’s fine.
TexMexBazooka@lemm.ee 5 months ago
That won’t work for you.
The 1% pay their taxes. That also have every means of deducting their tax bill due to all sort of high level fuckery. You do not.
spaghettiwestern@sh.itjust.works 5 months ago
Really?
www.msn.com/en-us/money/taxes/…/ar-AA1mRSsD