• @Delphia
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    1141 year ago

    I hate them so fucking much.

    I honestly want the government to give in to them, let them have their “soverignty” and remove all protections they have under the law. So that its perfectly legal for me to just decide I want their car and its up to them to stop me. Cops will.just stand there going “Sorry, cant do anything. You are your own country and I cant get involved.”

  • Hildegarde
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    1 year ago

    You write exempt in one of the boxes. They’ve hidden the part where it tells you which one. You can look it up, but its not stated clearly on the form anymore.

    But you still have to pay taxes if you owe them, and you have to pay a penalty if they didn’t withhold enough. But if you’re poor enough you don’t owe federal income taxes you can avoid giving the IRS an interest free loan if you file your form properly.

    The US learned what happens if taxes are actually voluntary during the days of the articles of confederation. Results were predictable.

    • SokathHisEyesOpen
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      311 year ago

      This is an actually useful answer for an otherwise crazy conversation. If you are poor, and have kids, you probably don’t owe any money at the end of the year. Most poor people actually get money at the end of the year that they didn’t even pay, from child tax credits, earned income credit, and the standard deductions. If you fall into that category then you are better off filing as exempt, so that you don’t loan the government money interest free, just like you said. Those few extra bucks every week really matter when you’re below the poverty line.

      • Flying Squid
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        71 year ago

        When we were poor, we looked at it as a sort of yearly savings account. We weren’t so poor that we couldn’t afford to have taxes taken out, so it worked out pretty well. Every time we got our refund check, we were able to do something like get the car fixed.

        • SokathHisEyesOpen
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          31 year ago

          But you can save that money yourself, earn interest on it, and have access to it should you need it. I think it’s the “have access to it” part that messes up most people. It’s damned near impossible to save money when you’re poor.

          • Flying Squid
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            51 year ago

            It’s hard to save it when you have it in your pocket and interest is irrelevant if you spend it all within a year.

      • @Dippy
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        31 year ago

        Same especially now with high yield accounts at 5%

    • @nucleative
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      31 year ago

      This answer is correct, that form is called IRS W-4. All employers give this with setting up payroll.

      The thing is, the IRS will still know how much you made and will be able to tell if those exemptions are authentic based on your tax return, so you’ll still end up paying.

      You could try to negotiate a 1099 contractor agreement sans the 1099 and pray the IRS never figures it out, but the company takes a risk with this too, bigger than the contractor, because they want to deduct your pay as an expense, and documentation is required.

      Even better: work for a cash business and take your income in cash. Things might get a little spicy if you’re depositing that much cash every month at your bank.

      • @[email protected]
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        21 year ago

        Just tell the bank you won it at rolling dice in the alleys or by day trading POGs at schoolyards.

        • Hildegarde
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          11 year ago

          tell the bank to mind its own business and keep all your deposits under the $10,000 reporting threshold but not in such a way that you are deliberately keeping it under that value so you’re not guilty of structuring. But also banks tell the IRS your account values regardless because interest is taxable so you might be fucked regardless if the IRS cares. Just be rich and use loopholes, or be too poor to pay taxes, or pay.

  • @[email protected]
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    191 year ago

    Anyone that really wants to do this can just put a really high number of deductions on their W2. It’s an estimate. For most people you’re trying to get close enough that you either get a small refund or owe a small bit. For these guys obviously they’re trying to make their withholding come out to $0.

    • AFK BRB Chocolate
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      201 year ago

      Right, it’s just that the IRS will eventually catch up to them because the employer files, so the IRS knows how much they made. When they do catch up, they’ll not only owe the original amount, they’ll owe a giant penalty and interest on it.

      • @SinningStromgald
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        41 year ago

        It does actually take a while depending on how much you owe exactly. I had a year where my employer wasn’t taking out the right tax amount and I ended up owing a couple grand. I eventually, a few years later, filed that year and a couple more all at once knowing those other years I’d be due a decent refund.

        • AFK BRB Chocolate
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          31 year ago

          Yeah, for sure it can, especially with the IRS being intentionally underfunded (to reduce their ability to go after rich folks, which takes even more of their time).

    • @[email protected]
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      91 year ago

      Pretty sure there’s a box you can check that more or less says “tax exempt”. Had a co-worker a few years back who’s onboarding paperwork got fucked up and he got a fat tax bill come January. Turns out HR accidentally marked him as tax exempt when he got hired and he never checked his paystubs (they’re behind a shitty payroll app) or just didn’t notice he wasn’t paying tax

      • @I_Fart_Glitter
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        21 year ago

        That happened to me. I have several “jobs” at my job and they get paid through different entities. I went through the stupid charts and figured out all the withholding amounts and thought I had it right, but the bookkeeper accidentally reported that I have three kids (I have no kids) and then I surprise owed six grand.

        • @[email protected]
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          21 year ago

          That’s basically what happened to his wife a few years later lol. She started a job and they pooched her dependents, company got aquired october,- novemberish and around mid December they swapped all their payroll over to the new company. New payroll department corrected the error and she wound up owing like 4 or 5k in January. They’re not big fans of taxes now haha

  • Echo Dot
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    1 year ago

    Obviously these guys are idiots, but it would be nice if I had a better idea of what my taxes are actually going to pay for, because I do sometimes think they just vanish into the void and I never see the benefit from them, so I kind of get where they’re coming from

    • @Pohl
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      1 year ago

      If you live in the US: https://www.usaspending.gov/

      If not, search for a “your country budget breakdown”. Most democratic nations will have a similar publication.

      My take after looking it over, it’s boring. We spend money on medical care, defense, and interest payments. That’s where most all of the money goes. The benefits we receive from that money are things we completely take for granted, it’s easy to not notice them but you sure would notice if it stopped.

    • @[email protected]
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      91 year ago

      your username suggests you’re in the UK.

      So a) you already get a breakdown of NI contributions etc in you paystub and you can further check this on HMRC

      and b) the house of Commons publishes everything tax related here: https://commonslibrary.parliament.uk/topic/economy-business/work-incomes/tax/

      and c) there is Wall to Wall coverage of the budget every year, highlighted by the traditional annual photos of the chancellor of the exchequer and his red briefcase, in mid March when the tax year ends

    • emmanuel_car
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      61 year ago

      In Australia we get a receipt with our tax return that breaks down exactly where our tax dollars went. The same happens in France if I remember correctly, it’s pretty cool to see it and puts some of the spending into perspective

  • @problematicPanther
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    111 year ago

    Actually, there is a way to get the tax withholding set to 0. You have to pay when it comes to tax time though. You can alter your witholdings also so that your take home pay is more, but your tax return would be less. If you’re really interested, I’d talk to an accountant ar a tax professional though. Also, just to make sure I’m not misunderstood, you still have to pay taxes to the govt, it’s just a lump sum instead of being taken out every month.

    • @Dkarma
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      51 year ago

      Thats how dumb sov cits are. They don’t get that you can just claim 12 dependents…sure it’s fraud, but they don’t think laws are real so 🤷‍♂️

    • MashedPotatoJeff
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      31 year ago

      I don’t know for sure that this applies federally, but in my municipality you have to make estimated payments throughout the year if you don’t have them deducted from your pay. My employer made a mistake and didn’t withhold local taxes, and when I paid in a lump sum a fine was assessed.

  • @[email protected]
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    91 year ago

    Today I was once again reminded that Facebook still exists and people still use it for some reason.

  • @dx1
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    91 year ago

    I went down this rabbit hole years back. Was looking for any possible way to not pay taxes so I wouldn’t be funding international wars and empire and such. Of course the arguments are all pseudolegal nonsense, since the bottom line is that the state makes and enforces the law.

    Would have gladly taken an option to donate to charity the same amount of money that would have been taken.

  • @buzz
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    9 months ago

    Removed by mod

  • @SendMePhotos
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    -91 year ago

    MORE POLICE, BACK THE BLUE!! ^less ^taxes ^for ^me ^and ^you