thats a good way to look at it, didnt think about it like that

Nvm the one I put in the one freelance gig I did last year and now I owe 166

Child tax credit hitting

Old job ain't sent the W2 through yet

Massachusetts one of 3 states trying out $600 1099-k's this year
f***

Got back more on state than fed. At least I don't owe

same I only got $40 altogether lol

I need to figure out how to file taxes

I did it once but thats it

They take the taxes out my wage im just too lazy/dumb to do the tax return s***

i think i figured it out... mad confusing

mine done already, returns accepted money otw

pretty sure imma be audited

This lol

I'm only getting $47 back on my Fed return, but like $1800 back for my city return

Getting $3k with the American Opportunity Tax Credit but my school f***ed up the 1098-T and refuses to change it so I had to self report half my tuition paid that they left out

Hoping I don’t get a notice or audit

Hookers and cocaine

What makes you say this

1099-k stuff and purposely not reporting certain items on it and instead reporting them on a schedule D. Reading turbo tax info it says to do that, but it just feels weird lol

I'm so glad I didn't have to deal with a 1099-k. did have to deal with a 1099-c and marked that I was insolvent to make the debt non-taxable which I am

I bought a Drake ticket off TickPick for roughly $700 and sold on TM for that same price and thought they were gonna hit me with one of those which would mean I'd have to prove that I didn't profit off the sale lol

I agree that it does feel weird self-reporting s*** without concrete tax-related documentation to back it up, that's the same boat I'm in

one way ticket back to Vegas and figuring my life out

That’s the boat I’m in. Sold a concert ticket for a profit. Got paid via PayPal and the 1099-k shows the full amount I got paid. So I’m not reporting that amount on the 1099-k, and instead reporting it as short term capital gains

Feels illegal to just leave it off the 1099-k and not report the exact number they gave me on the form… but everywhere I’m reading tells me it’s the right thing to do

If I didn’t get married and have kids, I’d owe a lot. It helps to have both.

This. I'm tired of all of the taxes I pay man. that tax the rich s*** for the birds. F***ing Bernie and Alexandria

I nearly make 100k a year and I usually get about 1k in return (state and fed).

I just prefer to have more conservative deductions so that I never have to worry about owing any taxes my work always goes crazy with the automatic tax rates on bonuses too, so that always boosts it