I’ve paid my taxes, reading lately, looks to me that I’m a FOOL, my one Congress person, my two Senators are in it too, once again I’m a FOOL, I have two long time friendships in the pass that never file, there in their 70ies
Basically, if someone accuses you of not filing (W2), you need to correct the record (1099). So it seems like if you don’t correct it correctly, or don’t answer the accusation, or don’t pay the accused amount - 3 effective options - you get in trouble.
Don’t worry, even on this site there’s plenty of us paying fools.
W-2 and 1099 are not accusations of nonfiling or corrections, they are allegations of income categories. Some forms are corrected by edited versions of themselves, others are formally corrected by different forms. I haven't searched this lately, but see if there's an easily found IRS form that is used to correct erroneous forms W-2.
That’s not quite what I meant. Was attempting to summarize the story.
Whether I was intentionally (I wasn’t, but nobody can know that) or unintentionally misrepresenting the issue, or accurately representing it, part of the problem with this whole topic is just how precise and accurate it’s necessary to be, legally, while swimming in both intentional and unintentional disinfo, both of which can be quite complex.
It’s very annoying. Hopefully Trump just makes this crap illegal, or we figure out how to make AI prove a path out or something. That’s definitely what most people would need to get out of it.
Thank you for noting. The issue is that the Internal Revenue Code is now designed to make accurate summation so difficult that people fall into traps that then get declared frivolous. It's my opinion that I've got it right and that I can explain it to others, but I could be wrong too! Have been watching for the critical mass to form that is agreed on the same path, but it hasn't and I've been working on other things. It would be interesting if the anons figure it out en masse and force Trump to get ahead of the issue instead of to work around it.
Anyone know how juggling multiple sources of income works in all this. For instance an average FT W2 job that you file, then say freelancer work with a 1099 that you’d prefer not to claim?
I’ve paid my taxes, reading lately, looks to me that I’m a FOOL, my one Congress person, my two Senators are in it too, once again I’m a FOOL, I have two long time friendships in the pass that never file, there in their 70ies
I know people who haven’t paid in 20 years. They had some trouble when they didn’t file, as I understand it.
Might want to check this out, it seems fairly accurate. https://greatawakening.win/p/19AwoddNxK/bobs-bicycles--a-story-of-the-in/c/
Basically, if someone accuses you of not filing (W2), you need to correct the record (1099). So it seems like if you don’t correct it correctly, or don’t answer the accusation, or don’t pay the accused amount - 3 effective options - you get in trouble.
Don’t worry, even on this site there’s plenty of us paying fools.
W-2 and 1099 are not accusations of nonfiling or corrections, they are allegations of income categories. Some forms are corrected by edited versions of themselves, others are formally corrected by different forms. I haven't searched this lately, but see if there's an easily found IRS form that is used to correct erroneous forms W-2.
That’s not quite what I meant. Was attempting to summarize the story.
Whether I was intentionally (I wasn’t, but nobody can know that) or unintentionally misrepresenting the issue, or accurately representing it, part of the problem with this whole topic is just how precise and accurate it’s necessary to be, legally, while swimming in both intentional and unintentional disinfo, both of which can be quite complex.
It’s very annoying. Hopefully Trump just makes this crap illegal, or we figure out how to make AI prove a path out or something. That’s definitely what most people would need to get out of it.
Thank you for noting. The issue is that the Internal Revenue Code is now designed to make accurate summation so difficult that people fall into traps that then get declared frivolous. It's my opinion that I've got it right and that I can explain it to others, but I could be wrong too! Have been watching for the critical mass to form that is agreed on the same path, but it hasn't and I've been working on other things. It would be interesting if the anons figure it out en masse and force Trump to get ahead of the issue instead of to work around it.
Oh derp. I see what you meant now too. Yeah that’s worded poorly. As noted on the first comment, how easy it is to do that is part of the problem.
Anyone know how juggling multiple sources of income works in all this. For instance an average FT W2 job that you file, then say freelancer work with a 1099 that you’d prefer not to claim?
I just scheduled my tax preparer. I probably shouldn't but then, I don't want that knock on the door. They will shoot my dogs.