Thread: Life Income Taxes
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Old 01-15-2009, 09:01 PM   #63
stlchiefs stlchiefs is offline
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Join Date: Mar 2007
Location: St. Loser, MO
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Quote:
Originally Posted by Simplex3 View Post
I've always thought it was strange that I have to make quarterly payments to the government based on what I *think* I'll earn this year, and if I screw up and don't pay enough soon enough I get slapped with fines. However, if I over pay they never seem to return the favor.
My wife just started as an independent contractor in '08 and I'm thinking the same thing as I was calculating a payment the other day. Underpay and you're screwed, overpay and the government keeps it and is happy. FOCK!
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