How are those taxes coming along, Anon Babble? Are you getting a nice refund this year?

I'm 19 so my parents file them as I'm labeled as a dependent. They have to pay around $4k in dividends taxes kek

haven't made any income in a few years

Got 50k withheld in 2023 and have to pay and extra 7k. Meanwhile my neighborhood is full of homeless crackheads. Fuck the IRS.

taxes?

as someone whos nearly 40 and never filed a tax return in my life can someone explain this concept of "tax rebate" so you pay tax on something and then because you paid tax you get the same amount off your tax? why not just not pay tax in the first place?

never filed

Are you in the US? You are most likely losing money if so.

explain it to me, how does paying tax make me have more money than i would if i dont pay any

If you're getting a paycheck from a company you are getting tax withheld. Usually they withhold too much, and then you get the rest back at the end of the year.

If you're independent then I guess you're not paying the taxes in the first place, so then what I said wouldn't apply, but you could be on the hook if the IRS notices.

Are you getting a paycheck or no?

im scared and dont know how to file, im in a high profile business deal right now and the IRS is watching, ill report as best I can but its nerve-racking

He’s trolling man, unless he’s been unemployed or being paid cash only his whole career

i owed $1k

ive been filing taxes but lied about my address and so I never got any checks, well anyway i called them and they said i have years of checks uncashed and they were nice enough to write me a new one

Sweet. You'll get interest on them too.

I see...

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Why would you lie about your address kek
got $500 back, which is about as good as you can do without giving the government an interest free loan

Good. You should be afraid of the government.

Paid my taxes a month ago. Even paid taxes on my staking rewards from LINK. I do my best to pay all the taxes I'm aware of owing as once I make it this bullrun I don't want the IRS ruining it for me. I use turbo tax, coin ledger, and I purchase audit defense so I am covered if the IRS ever targets me. I need peace of mind when I make it.

I don't make enough income to file taxes, but I do so anyways. The standard deduction covers me. Mayhaps I shouldn't skip this year and continue filing

i used to get a paycheck a long time ago, tax would already be deducted from it and if they took too much i would get a cheque at the end of the year, since then ive been self employed yes collecting cash and bank transfers, and also now im working and getting paid in usdt and cashing out through my wifes account

Why would you lie about your address kek

i thought that income and taxes were just balanced out by the government and my employer so I lied hoping to obfuscate my location from the government not realizing i was actually owed money

Taxes are pretty easy. If you're just doing a normal W2 job, there are websites where you can do it for free. If you have something complicated, contact a local CPA and they'll be enthusiastic to help you.

My company still hasn't sent me a W2 and I'm going to get like 1k back so yeah I'm a little pissed I can't do my taxes yet.

iam gonna owe about $3k. every single person in my social circle gets massive tax refunds and brag about. mostly shitfucks immigrants on welfare.

its extremely complicated unfortunately, its crypto and theres a lawsuit now, it would fly over most CPA's heads, I need a specialist.

so they paid tax and then they get some of it back? is that something to brag about?

Everything done and saved in FreeTaxUSA. Just procrastinating on hitting "submit".

I always put it off because crypto taxes are a fucking nightmare with tt and I don't have a taxable income anyway so none of it will matter against the standard deduction

Has anyone used payustaxes.com ?

They charge a 1.82% fee for a credit card, but my cc gives me 2% cashback lmao. Works out to about 3$ refund per $1000.

My docs didn't hit yet. I'm gonna owe at least $20k. My accountant does it for $180, my taxes are very gay it is worth every penny. Get yourself a CPA & tax attorney combo man and start relaxing for a mere couple hundo a year.

withholding ever

Your employer ought to let you modify your withholding or claim exempt status. I've done this every year I ever paid the I*S. I withhold nothing, collect the returns on my goddamned money all year, then pay my bill at tax time. They can blow me. I don't mind owing money every year when the alternative is giving reptiles a free loan

sorry I mean payusatax.com and forgot pic

I reported you to the IRS btw.

I thought I couldn't claim exempt status because I have a pretty decent salary. I had to pay an extra 7k this year on top of 50k withheld. Or how can I find out?

I thought the IRS would hunt, imprison, and torture anyone who didn't pay taxes? That they always knew if you didn't pay? Was it all a lie?

what a bunch of losers using tax attorneys and cpa's and all this stupid jargon at wcdonalds we have a secret tax calculator which we use to estimate how many free money fries and get rich quick pizzas to throw in your order for free no need to worry about withholding ever we give you the returns on your goddamned money because unlike those lame asses we love seeing you win we don't want our customers giving reptiles or whatever a free loan

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57722066

don't @ me again

Started a job in autumn.
I'm getting 100% back.
All for crypto.

I already submitted it. I got $7k back. Lol @ people owing several thousand.

you're the one that gave the government a $7k loan and threw your opportunity cost in the trash, youngfren

I just do it anyways. Maybe you're disabled, maybe you have 11 billion kids, maybe something idk they can't ask and can't tell you no. You're telling the wage massa you're exempt, not the feds. They don't care as long as you pay as obligated. I even do it quarterly some years when I know the bill will be big. Bean counter never raised an eyebrow at this other than suggesting I do quarterly every year in case I go broke or something and can't make a balloon payment.

Fuck the IRS.

We will gladly fuck you anon!

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I don't remember if I claimed exemption or not when I waged honestly, but either way you can choose to withhold less or more, I put it at $0

It's withheld from my pay by my employer, so I don't really have a choice. 2k is free gibs because dependent.

You should adjust your withholdings. You want to be as close to $0 as possible. You could have been getting another $580 a month in your paycheck instead of the government getting a 7k interest free loan off of you.

you're the retard that gave the government a free 7k loan all year when you could have had it in your paychecks or your business all along.
why do you think this is a flex?

insane digits but anon you really need to fix your withholding then, stop loaning the IRS money for nothing
you could get an extra $270 in each biweekly check if you un-fuck your W4

What did you say?

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Sure, I'll look into it.

Nice dubz

cool gets, dumb fucking taxie

You just have to pay it at another point, and if you gamble it all away on shitcoins, the IRS will be on your ass. I like the peace of mind.

interesting thanks, I'll ask

If tax season gets you excited, you are poor