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Forum » that feel when you owe the IRS $10k from 2018
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Thread: that feel when you owe the IRS $10k from 2018

post 1626213403 12-21-2020, 02:00 PM
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#61
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Don't you ever see these commercials on TV? Hit up these guys

post 1626213703 12-21-2020, 02:04 PM
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#62
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Originally Posted By Briangumble⏩
Don't you ever see these commercials on TV? Hit up these guys

these are for broke people who make 25K a year and owe the IRS like $700.

If this dude makes $250K they're just gonna start garnishing wages if he doesnt pay
post 1626214283 12-21-2020, 02:11 PM
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#63
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Just call em brah.

It’ll be a bitch to get someone in the line but once you get by the lowest level people and get someone with the ability to do something say you can see the discrepancy, and you’d be happy to pay the full amount you actually owe but want penalties and interest waived.

If you’re even a little charming they’ll probably waive it so long as you haven’t let the letter sit for a long time. If it’s the first notice I’d say 90% chance they’ll be chill.

Source: Lawyer whose made the exact call as a favor for friends.
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post 1626214533 12-21-2020, 02:13 PM
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#64
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Originally Posted By RealLifeAlpha⏩
you ever gonna pay? im assuming the interest keeps tacking on? (ded fkn Srs)
It's been the same amount since 2016. srs
post 1626215873 12-21-2020, 02:30 PM
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#65
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Originally Posted By CremeFraicheBro⏩
Just call em brah.

It’ll be a bitch to get someone in the line but once you get by the lowest level people and get someone with the ability to do something say you can see the discrepancy, and you’d be happy to pay the full amount you actually owe but want penalties and interest waived.

If you’re even a little charming they’ll probably waive it so long as you haven’t let the letter sit for a long time. If it’s the first notice I’d say 90% chance they’ll be chill.

Source: Lawyer whose made the exact call as a favor for friends.
thanks bro (ded fkn Srs)



going to try this
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post 1626215983 12-21-2020, 02:31 PM
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#66
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10k is only one day of pay for the average miscer (ded fukin srs)
post 1626216183 12-21-2020, 02:33 PM
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#67
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Originally Posted By RealLifeAlpha⏩
I'm not "netting" $250k dude (taxes)

I'm prob "netting" $150k after taxes and retirement


150k/52 weeks = $2884/week


So yeah, I basically have to pay an entire months pay to the IRS bro (ded fkn Srs)
Originally Posted By RealLifeAlpha⏩
I work in tech sales and on avg I make about$250k/yr over the past 5 yrs in take home pay.(Snip)
“Take home” and “net” are the same thing.
MFC

drum, it holds fifty, uh
post 1626216543 12-21-2020, 02:38 PM
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#68
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Originally Posted By MoeBettuh⏩
“Take home” and “net” are the same thing.
Didn’t know that (ded fkn Srs)


have obviously been misusing that phrase for a while
~focus on what you can control crew~
~flaccid cummer crew~
~you are who you surround yourself with crew~
~mum was an escort crew~
~nothing is permanent so just enjoy the ride crew~
~2.5 inch dink crew~
~Forgive yourself crew~
~Accused of incest by extended family crew~
~It's up to you to fix your life crew~
~deep, sustained sexual eye contact with your own nephew crew~
post 1626217963 12-21-2020, 02:54 PM
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#69
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You can get the penalties and interest reduced if you are lucky. You CANNOT get the tax reduced unless you submit an offer and compremise, which includes a complete audit of your assets.

You can get a monthly payment plan which automatically deducts with no interest penalties.

Good luck, as people on here have mentioned the IRS is completely inefficient, but they are very good at hitting a fly with a sledgehammer if you pop up on their radar.
post 1626218693 12-21-2020, 03:04 PM
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#70
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If this is your first time you can get penalties and interest reduced but not the entire balance like the guy above said. You pretty much fukd boyo. Death and taxes...cant escape
post 1626221373 12-21-2020, 03:39 PM
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#71
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Originally Posted By RealLifeAlpha⏩
just received this little treat in the mail to enjoy with my lunch

literally let one little thing slip in my filing thinking they wouldn’t notice JFL @ me (ded fkn Srs)



Merry Xmas boyos

That feel when the IRS spent more than $18k of my money to steal $18k of your money



























That Feel.
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post 1626222043 12-21-2020, 03:47 PM
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#72
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If you think it'll end after you pay them, think again brah. You're theirs for at least another 3 years.

IRS are vengeful manlet fuks. They send me BS fines that disappear after I send them a letter telling them to fuk off
post 1626222343 12-21-2020, 03:49 PM
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#73
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Originally Posted By RealLifeAlpha⏩
Didn’t know that (ded fkn Srs)


have obviously been misusing that phrase for a while
Yeh and this should be compared against your gross earnings since tax burdens are what define gross vs net. So its like taking $10k out of $250k, about two week's worth. The penalties and interest suck though for sure, $2k down the drain for zero value added
post 1626223823 12-21-2020, 04:06 PM
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#74
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Originally Posted By RealLifeAlpha⏩
When I was 25 I had about $20k


When I was 29 I had about $300k




The difference between 29 and where I am now 4 yrs later is 100% my investments. I haven't made any more money / increased my take home pay via my job since I was 28 -- it's 100% been diligently investing (ded fkn Srs)




Sales can suck balls but I've gotten very lucky
Mirin srs. Whats your profile investment strategy if you dont me me asking? I am starting to invest and I am going the lazy portfolio way (pumping every paycheck into a S and P 500 and broad market etf/mutual funds)
post 1626226963 12-21-2020, 04:46 PM
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#75
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Originally Posted By Mj-drewfan32⏩
Mirin srs. Whats your profile investment strategy if you dont me me asking? I am starting to invest and I am going the lazy portfolio way (pumping every paycheck into a S and P 500 and broad market etf/mutual funds)
Honestly your way is probably advisable, as it's low fee, diversified (at least by sector), and low maintenance set it & forget it. It's smart.


I do a combination -- I have a TD account that I pick stocks on which represents like 33% of my assets and is what I'm proudest of because I grew it over 90% in two years, and then a UBS account which are index / mutual funds and around 100k cash.










~focus on what you can control crew~
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~nothing is permanent so just enjoy the ride crew~
~2.5 inch dink crew~
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~Accused of incest by extended family crew~
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~deep, sustained sexual eye contact with your own nephew crew~
post 1626227753 12-21-2020, 04:54 PM
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#76
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you make 250k a year who cares? its just 10k lol
post 1626227813 12-21-2020, 04:56 PM
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#77
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You look sad dude (ded fkn Srs)
post 1626232813 12-21-2020, 05:53 PM
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#78
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Originally Posted By RealLifeAlpha⏩
Honestly your way is probably advisable, as it's low fee, diversified (at least by sector), and low maintenance set it & forget it. It's smart.


I do a combination -- I have a TD account that I pick stocks on which represents like 33% of my assets and is what I'm proudest of because I grew it over 90% in two years, and then a UBS account which are index / mutual funds and around 100k cash.

Mirin srs. great post. On spread. I am all in on etfs and mutual funds/ index funds. Might start playing around with individual stocks soon.
post 1626233343 12-21-2020, 05:59 PM
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#79
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OP you realize you don't pay capital gains tax unless you sell your stocks at a profit right?
post 1626233593 12-21-2020, 06:03 PM
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#80
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Hit them with a "perfect let's reschedule"
post 1626234103 12-21-2020, 06:09 PM
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#81
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you seem awfully stingy for someone with your "net worth"

strong fraud
post 1626237133 12-21-2020, 06:43 PM
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#82
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Originally Posted By MisterDiapers⏩
you seem awfully stingy for someone with your "net worth"

strong fraud
oh crap, you caught me
~focus on what you can control crew~
~flaccid cummer crew~
~you are who you surround yourself with crew~
~mum was an escort crew~
~nothing is permanent so just enjoy the ride crew~
~2.5 inch dink crew~
~Forgive yourself crew~
~Accused of incest by extended family crew~
~It's up to you to fix your life crew~
~deep, sustained sexual eye contact with your own nephew crew~
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