wtf! way to keep a hard working young american down. total taxes to pay this year: $15K
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PubicBucks - Trade your pubes for bucks! -
Get a pro to do your tax return for you. You'll get 50% back if you're lucky -
you're luckier than you thinkCrypto HODLr
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Thats not bad.Living in Virtual Reality
Contact: Email (preferred): furiousmale .at. gmail - Skype: live:shanedwsComment
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It went from $7k to $15k in the time you went from the Topic field to the body field?Comment
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7K just in self-employment tax. another 8K in regular taxes. I DID get a pro to do it
PubicBucks - Trade your pubes for bucks!Comment
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whut r taxis?Comment
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Originally posted by B Sandwich7K just in self-employment tax. another 8K in regular taxes. I DID get a pro to do it
i'm in about the same boat. that SE tax is a fucking whore and a half. I'm about to fake my death, move to namibia, and call it even.
Cry havoc and let slip the dogs of war.Comment
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get a LLC or another corp and forget about the Self Employment taxes. Then you can pay out medicare/social security shit heh, but it is still cheaper than SE tax. Atleast for me.Comment
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self employment tax? what the hell? its like they want everyone to work for someone else. fuck the small business man. im glad i live in canada.you don't know you're wearing a leash if you sit by the peg all day..Comment
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I don't understand. Are you bitching or trying to show off by pretending to bitch? $7k self employment tax would put you at what? After deductions about 40k?Originally posted by B Sandwichicq: 237055440Comment
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Yeah, that tax really sucks, out of the $52K in federal that I paid, $16K of that was in self-employment tax
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Social Security is what beats my ass down every year.
But thats life..Living in Virtual Reality
Contact: Email (preferred): furiousmale .at. gmail - Skype: live:shanedwsComment
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its not like u have it any better in canada , if u are self employed here u pay quite a bit to your gov't . I KNOW ... cause i DOComment
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my accountant has advised me to incorporate myself, which would have saved me the $7k. wish i would have done it last year though
PubicBucks - Trade your pubes for bucks!Comment
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Yeah.........Canada will take half your income. U.S.A. is not far behind, at least as far as the working man.Originally posted by spunkyMove to Canada
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Taxes are better in the US, depending where you liveOriginally posted by spunkyMove to Canada
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i pay no tax mainly cause they dont know about it..
plus if they did my internet actvity falls under the category of a 'hobby' not a business hence it not assessable income...
hence no tax...
this is NZ though..SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, you may use a 624x80 instead of a 120x60. Let me repeat... A 120 x 60 button and no more that 3 lines of DEFAULT SIZE AND COLOR text.Comment
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$31k after all deductionsComment
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exactly.Originally posted by BlackCrayonPubicBucks - Trade your pubes for bucks!Comment
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Originally posted by Furious_Male
Yup you can get around everything but SSSame shit, different year!!!Comment
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if you incorporate you will still pay other taxes so don't think you will be saving that whole 7k.Originally posted by B Sandwichmy accountant has advised me to incorporate myself, which would have saved me the $7k. wish i would have done it last year thoughComment
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$15k total taxes isn't THAT bad....Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000
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Keep thinking that. We don't need any economic migrants coming up here to take advantage of our goodies.Originally posted by Love BrokersYeah.........Canada will take half your income. U.S.A. is not far behind, at least as far as the working man.
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atinggold down?
It is for me ......Comment
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damn 1099's...Comment
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Exactly what I thought. But I assume the other $8k was from his day job, which would mean he earns $35 there. Total income $75K Not shoddy, but nothing to boast about.Originally posted by dodger21
If you want police, fire services, paramedics, roads, hospitals, goverment and all the other things that go to make a country run you have to pay taxes.
These taxes go largely to pay workers who put the money back into the economy. Or you can cut on the services or run up massive debts to pay for them and give back tax cuts to all that put money bacck into the community.
Or you can give it to those at the top so thay can buy another imported car or a house overseas.Comment
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I quit my day job a couple years ago. the "other" 8k (7k federal, 1k state) is the "normal" tax.PubicBucks - Trade your pubes for bucks!Comment
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I agree... and don't tell me that it's all being spent on the right people...Originally posted by Furious_Male
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Self employment tax? Never heard of it.
My company is a C-Corp so I only have to pay taxes once, which I have my company paying for me.Comment
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