I fully support paying my share of tax, but when you are self-employed, it is so hard to know how much you are going to have to pay.
And while it's never happened to me, having income shifted from a W2 to a 1099 seems really unfair.
'Potential'
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
I fully support paying my share of tax, but when you are self-employed, it is so hard to know how much you are going to have to pay.
And while it's never happened to me, having income shifted from a W2 to a 1099 seems really unfair.
Our (home, Ja) set of cake forks that doesn't match anything else is recorded here--they are the second configuration that -t linked to.
I have no pain relief instructions, and a whole new presentation to write and one to edit. My big break from working will be to go pee.
I need to finalize my taxes.
So, work is quiet at the moment. I'm thinking of slugging off for the afternoon and taking a nap. My brain is so scrambled.
I just accidentally started looking at flatware on Etsy and eBay, and that may actually be my solution.
I am with Jesse. I am not self employed, and the money I am getting back is because I elect to have extra withdrawn so I get a windfall- I am having the government hold on to my money so I can't spend it.
Synesthesia and taste: [link]
Same with me, Sophia. People tell me that it's just giving the government an interest-free loan, but the interest I'd earn on it these days is so small that if I forgot to put it aside a single pay period (and knowing myself I'd forget a lot more than one) I'd have less saved up at the end of the year. With it set up as witholding I can't forget to put the money aside and spend it on a new frying pan or DVD purchase..
And while it's never happened to me, having income shifted from a W2 to a 1099 seems really unfair.
It happens. It was a client that had set me up though an employment agency for a few gigs, and then the next year they changed the way they were doing things and I just directly invoiced them for the work. It ended up being about $10,000 that moved over to 1099 that year. The amount of income I make on W2 is pretty small. At this point it is really only a small amount from some schools where I teach a class or two. The upside is that I end up claiming a lot more mileage on my cars since anything that is done on a 1099 I can claim, where W2 is seen as commute and can't be claimed.
What Matt said. I looked at the interest I earned for a tax refund I'd put into a savings account for a year. $17. I don't mind paying the government less than 5 basis points to hold onto my savings for me.
It happens.
Owing a lot of tax just makes me feel really irresponsible - like I was living it up and not burying my acorns for the winter months. But obviously that's not true. And I know it's not but it is enlightening (and sad) to see how responsible people can get so screwed by the tax laws.