05-11-2020, 07:16 PM
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#19592
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Hall Of Famer
Join Date: Dec 2003
Location: the yo'
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Quote:
Originally Posted by Brian Swartz
Who writes tax laws. For reals. This week I'm aiming to wrap my head more specifically around what I need to track, how, where, etc. for this whole self-employment thing. And it's become clear I need professional help with this, even though I'm pretty good with numbers in general and better at tax stuff than the average joe, but I need to know what I don't know - so I have an appointment tomorrow with a professional.
But seriously what the French toast. How do you call something 'estimated quarterly tax payments', when they literally aren't made quarterly. January, April, June, September (when not delayed due to a global pandemic). April-June is not a quarter of the year. Neither is September-January. Would it have been that difficult just to go January, April, July, October and have this make sense?
What even is the purpose of this?
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How much tax are you even planning on owing at the end of the year? I don’t know anyone who pays quarterly on gig work, you don’t make that much money after deductions
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