Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
The time when being self employed stinks.....tax time.
#4
(04-18-2016, 09:31 PM)JustWinBaby Wrote: Yep, but it gets complicated if you have uneven or irregular earnings, making early estimated payments too low.

I tell you, though...it's a real eye opener when nothing is withheld from your checks and you have to make big quarterly payments INCLUDING the employer's share of FICA.  You feel good about how your bank account has grown, and then BAM! you send a check for 40% of your quarterly earnings to federal and state.....you really feel that pain.

That is what I miss the least, about no longer being self-employed.
[Image: 4CV0TeR.png]

Dylan Fairchild is the future of the Bengals at LG

-SunsetBengal 8/9/25
Reply/Quote





Messages In This Thread
RE: The time when being self employed stinks.....tax time. - SunsetBengal - 04-18-2016, 09:47 PM

Forum Jump:


Users browsing this thread: 1 Guest(s)