Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
The time when being self employed stinks.....tax time.
#6
(04-18-2016, 08:11 PM)fredtoast Wrote: 2015 was the first year i was entirely self employed.

I had made estimated tax payments throughout the year, but still ended up having to pay more when I filed my 2015 taxes.

In the past I adjusted my withholding to make sure that I did not get a large tax rebate, but it was always nice to get a few hundred dollars back even if it was my own money that I had already earned.  Even though I did not have to pay a lot ($455) it still sucks that I had to pay instead of getting a rebate.

Don't you have to pay both sides of social security too?  Do you do that with your estimated taxes?
You can go to live in France, but you cannot become a Frenchman. You can go to live in Germany or Turkey or Japan, but you cannot become a German, a Turk, or a Japanese. But anyone, from any corner of the Earth, can come to live in America and become an American

[Image: 4CV0TeR.png]
Reply/Quote





Messages In This Thread
RE: The time when being self employed stinks.....tax time. - michaelsean - 04-19-2016, 03:16 PM

Forum Jump:


Users browsing this thread: 1 Guest(s)