Every day that you are overpaid on your taxes/awaiting a refund, you are giving the government an interest free loan, which in these inflationary times is costing you more than it usually does
My advice is to let them withhold nothing, then pay what you owe when you file and/or quarterly
But if you own no seizable assets, don't give them a fucking dime period
If they pay you late 45 days (from the later of the date taxes are due, or date you filed), they're supposed to include interest -- I think it's at the prime rate.
That's not to say you should overpay your taxes. It's already been an interest deferred loan for an entire year, which is just stupid.
I'll try that.. maybe they have different auto-systems engaged for phones at different times? I don't know, I called the main number I had multiple times... like 50 times probably over the course of a few weeks. But that was months ago now, need to try it again. Thanks have a good one
That's right, for them money is not a problem, they have already shown it, all they do is print and inflation does the dirty work that the globalists want.
On the W4 you sign, it says "to the best of my knowledge". It's not illegal to misestimate what you THINK you'll owe. Various things can happen in a year that can change your tax liability.
To the best of my knowledge, I have 99 allowances. I have zero withholding, and it's glorious.
Now, I have to write a big check on January 15th every year (that's tomorrow). But I have been making great use of that money in the meantime.
Me! Both me and my wife are independent contractors. The gubment gets to pound sand until I decide to pay them. I seriously have turned down very good salary pay jobs for this benefit alone.
It really depends. If you made more, and pay what you paid last year, you're fine (Or if you pay at least 90% of your tax liability over the year). As the other guy said, if you adjust it quarterly you're also probably fine.
The penalties are really small, too. Unfortunately, they do probably make you more likely to get scrutiny in future years, which is the real cost.
Not much. And you can erase that fine by paying quarterly. As I said. Just make sure you don't overpay on your quarterlies so as to avoid giving out the interest free loan. But how to approach this (end of year vs quarterly) will vary with the individual
THIS, idc what you call me but we should have INSURRECTED 100 years ago over the income tax. Complete bullshit. The government is not entitled to MY hard earned money or labor.
Same for my Fiancee. She filed her taxes in April of 2021 and didn't get her refund until NOVEMBER 2021. Even worse, they sent a letter stating she was being audited in May and that they would follow-up with questions or provide the refund within 45 days. Yeah 5 months later.
The IRS did this to me when I did a study abroad through SUNY, and the school system put a completely different name on my tax information. The IRS claimed they hadn't accepted my return, but luckily my wife (girlfriend at the time) had just gotten certified as an Enrolled Agent, and knew they were full of shit.
"Discrepancies in filing" we received no follow-up after the initial letter and the refund just appeared in November. No notice. No questions. Nothing.
Our guess is it's because she was a 1099 for a few months, had her own business (so self-employed earnings/Schedule C) and had a full-time job aka W2.
I get it. The IRS can do a lot of scary things. But they're like agents of the Matrix--they're powerful, but they have to obey the rules of the system.
It's worth learning those rules so you can know how to bend them--like I do :)
The snaggletoothed demons known as the Rothschilds have seen humanity as nothing but a chattel farm for centuries, and they're currently running our entire economy (into the ground).
The reason you never hear of them is because they've known they're pieces of shit, from the start. They're at war with all of humanity.
I remember when the IRS audited our tax returns in 2015. Reason? They didn’t believe we went from a higher tax bracket to a lower tax bracket after my wife stopped working full time to tend to our children. Took months to sort out and get my tax return.
I just paid my taxes from last year after fighting the IRS over the amount. They had me at $28K owed. I requested an audit (or review as they kept calling it), found out you can do that, and the final bill was amended to $15K. Fuck the IRS and know that you don’t need a lawyer to push back.
Yeah, my tax Bill this year is going to be super fucked. I pulled money out of the stock market and moved some rental property that I was finally willing to eat depreciation recapture on. I wanted the cash versus rolling it into another investment property. Paying off the new house we built last year and prepping for a shitty economy over the next 24 months. This inflation will eventually catch up to the stock market puppets and people will quickly realize that it will continue to be 7%+ for the next 2-3 quarters and stocks may tank.
If you take depreciation on your rental property and then sell it the government charges you a percentage of that depreciation back after the sale.
The math depends on each situation but it’s capped at 25% after so the math is figured out. My accountant explains it to me every damn time because I forget the math but know I’m taking the hit.
You and I are brothers. Same/similar stories. I’m thinking of paying music publicly for donations in public. Like a musical begger, not because I need the money but because it’s probably a better use of my life and free time.
If they're 45 days after April 15 or when you file taxes (Whichever is later), they pay interest on refund due at the prime rate. Not a whole lot, and a year delayed already, but it is interest.
I owe every year, because I have a couple businesses, and I won’t meet them have any more than absolutely necessary. That said, they cash my checks right away (4 days this time) but my brother who is owed a pile is still pending. Thousands in backlog.
I’m in the same boat , I still haven’t gotten my taxes from 2019. So I never got any stimulus which I don’t want anyway but imagine if the shoe was on the other foot??
All federal revanue should be payed by the states at proportional levels and based on state expenditure directives. If a state finds that paying for federal services or agency support serves no purpose, it should not pay. This is the only way a central government could be stopped from becoming bloated and corrupt.
30 months for me so far....
So now I have set my w4 to no withholdings, tax dollars put into seperate account and will file extensions and then negotiate once done. Fuck um.
I never got my refund for last year yet either. Wtf. I am a single father with 4 children and should've had about 8 or 9k as a return..
I can't even get through to a human at IRS. Automated system just leads in circles, always arrives at, "We have no further information at this time," and then EJDS - NO HOLD SYSTEM to speak to human... I can't figure the shit out.... and their online system was down last I checked.
Really passing me off
Didn't they just hire, or get the 'okay' to hire,, thousands of new IRS employees?
Wtf is going on!?
Torba mentioned his rejection of a business proposal allegedly put forth by Trump in January. Referring to Trump's son-in-law, Torba said that "Jared Kushner's cronies" wanted to make money off of Gab's user data and its email list. Kushner also allegedly wanted Gab to change its user policies to "clean up" the social network's public image, Torba said.
Fill out a W-4 for 99 allowances, so that your withholdings are zero. Calculate your taxes ahead of time, and then pay enough (by Jan 15th) to not owe penalties on April 15th.
If we get Trump back in office we need to push him to abolish the IRS, the FBI, and anything else that's against the citizenry. I know it's a pipe dream but also abolish the mandatory aspect of insurance and licenses. I should not need to keep paying an insurance company to continue to drive a car I already purchased and own.
How’s that parallel economy fantasy of his working out for him now? There can be no ‘parallel economy’ when the enemy controls the currency you’re using and you live and work within the jurisdiction of their law enforcement and courts.
There is only regaining that control from the enemy, or not.
We can discuss this if you like, because I'm willing to hear what you think. But I'm not interested in clicking a link to see what someone else thinks.
The parable about the vineyard owner and the tenants killing his servants and son is literally about the jews killing the prophets and Jesus. “he is not a Jew, which is one outwardly; neither is that circumcision, which is outward in the flesh: But he is a Jew, which is one inwardly; and circumcision is that of the heart, in the spirit, and not in the letter; whose praise is not of men, but of God.” (Rom 2:28-29)
Since Titus killed most of the 2 tribes that still inhabited Phillistia that we don't even know who the true jews are. It damn sure aren't the Azkhenazi/Kazarian jews. They only picked up Judaism in the 9th century or so because they had Muslims on one side and Christians on the other so they picked a middle ground for trade reasons.
If there was any biblical book that I didn’t take too seriously it would be Paul’s correspondence with the Romans.
It reads like little more than political propaganda. At least to me.
If Paul was writing today it would be called “Paul’s Epistle to Washington DC” and it would tell us to all pay a full tax and be sure to vote in November!
When the Bishops and Pope in the Catholic Church compiled documents that make up the current Bible maybe a tiny bit of propaganda actually squeezed through?
Don't take my word for it. But from time analyzing his comments on gab and even responding to him with scripture to show him his error, I feel safe conclusing he believes:
Israel and jews are evil enemies of patriotism, and any blessing GOD had for them now rests only on Christians.
Ps - hey Torba, if you see this and I'm misunderstanding you, would love to talk to you about it since you never responded to me on gab, like ever.
this doesn't show us anything relating to his position, just your own. I'm sure he has no problem with the jews who accept Christ. torba likely has jewish blood in him.
Edit:I confused this comment as being under the post I made just now. Please apply my comment in the context of that post.
I didn't attempt to make an exhaustive argument. And I would tell you, please do go look at his posts for yourself.
The problem is that below this statement is a fact from scripture which Torba denies:
The nation of Israel is a beneficiary of the blessing given to Jacob who was renamed ISRAEL, by GOD, and they remain the "chosen people" of GOD to this day.
Every day that you are overpaid on your taxes/awaiting a refund, you are giving the government an interest free loan, which in these inflationary times is costing you more than it usually does
My advice is to let them withhold nothing, then pay what you owe when you file and/or quarterly
But if you own no seizable assets, don't give them a fucking dime period
If they pay you late 45 days (from the later of the date taxes are due, or date you filed), they're supposed to include interest -- I think it's at the prime rate.
That's not to say you should overpay your taxes. It's already been an interest deferred loan for an entire year, which is just stupid.
Can confirm. Was owed a lot and finally got my check, they included interest
I am still waiting on mine... almost a year later.
a phone call to them got the ball rolling for me at least
How did you get through? I can't get them to answer. Can't even get on hold. Automated system is a dead end with no answer for me.
The notice I was mailed had a number to call. I made sure to call on a Tuesday at 1pm CT (feel like that’s a slow time). Was on hold for about 20mins
I'll try that.. maybe they have different auto-systems engaged for phones at different times? I don't know, I called the main number I had multiple times... like 50 times probably over the course of a few weeks. But that was months ago now, need to try it again. Thanks have a good one
I gave up I could never get to anyone
How long did the phone call take? Been meaning to do this but procrastinating because I have a feeling it will take hours
Same, filed in February of 21
About the same time I did mine.
What would happen if everyone set up their taxes with no withholdings?
What would happen if everyone quit paying taxes?
They would print more funny money and try to kill us all.
Aren’t they always doing this?
Yep. So nothing would change lol
Exactly. Nothing would change. We're not even represented.
That's right, for them money is not a problem, they have already shown it, all they do is print and inflation does the dirty work that the globalists want.
Good question. I wish that everyone knew how to fill out a W-4 to get zero withholdings. I did, and I'm never going back.
Isnt this "illegal" if you know you will owe income taxes? Or said another way, doesn't this violate tax code?
On the W4 you sign, it says "to the best of my knowledge". It's not illegal to misestimate what you THINK you'll owe. Various things can happen in a year that can change your tax liability.
To the best of my knowledge, I have 99 allowances. I have zero withholding, and it's glorious.
Now, I have to write a big check on January 15th every year (that's tomorrow). But I have been making great use of that money in the meantime.
Me! Both me and my wife are independent contractors. The gubment gets to pound sand until I decide to pay them. I seriously have turned down very good salary pay jobs for this benefit alone.
Yeah not much.
They would print extra under the pretense that they will get it back.
You would have to withhold it and even then they could probably exploit printing for something like a decade.
It took that long for real inflation to kick in.
Nothing, they operate on credit. Corrupt fags
They’ll fine you for that. Paying enough to be owed nothing is fine, but they don’t like being paid on April 15
It really depends. If you made more, and pay what you paid last year, you're fine (Or if you pay at least 90% of your tax liability over the year). As the other guy said, if you adjust it quarterly you're also probably fine.
The penalties are really small, too. Unfortunately, they do probably make you more likely to get scrutiny in future years, which is the real cost.
Not much. And you can erase that fine by paying quarterly. As I said. Just make sure you don't overpay on your quarterlies so as to avoid giving out the interest free loan. But how to approach this (end of year vs quarterly) will vary with the individual
They don't mind being paid on January 15th. Tomorrow is tax day for me.
You should never complain that the government owes you money. It's like having a treasury bond but with crazy high interests.
Technically true, but they get loans from the fed. They don't use your money even if you give it to them.
Bureaucrats are worse than useless.
The IRS is but 1 claw form the Jewish Central Banking Mafia that has its claws in eerything
Nah..
https://gab.com/a/posts/107477841785187138
Taxation is theft
THIS, idc what you call me but we should have INSURRECTED 100 years ago over the income tax. Complete bullshit. The government is not entitled to MY hard earned money or labor.
Glad more people have been realizing this. The federal government is a vacuum of unessential garbage that needs to be cleaned up.
Same for my Fiancee. She filed her taxes in April of 2021 and didn't get her refund until NOVEMBER 2021. Even worse, they sent a letter stating she was being audited in May and that they would follow-up with questions or provide the refund within 45 days. Yeah 5 months later.
Commies.
Did she get interest? She should have:
https://www.irs.gov/payments/interest-on-underpayments-and-overpayments
The IRS did this to me when I did a study abroad through SUNY, and the school system put a completely different name on my tax information. The IRS claimed they hadn't accepted my return, but luckily my wife (girlfriend at the time) had just gotten certified as an Enrolled Agent, and knew they were full of shit.
Why did they audit her?
"Discrepancies in filing" we received no follow-up after the initial letter and the refund just appeared in November. No notice. No questions. Nothing.
Our guess is it's because she was a 1099 for a few months, had her own business (so self-employed earnings/Schedule C) and had a full-time job aka W2.
Withhold nothing, save it and pay only what you owe, never a penny more.
Make sure to pay quarterly, or the IRS will just hop in and seize any bank accounts they can find. It's happened quite a few times.
Quarterly payments only become mandatory if you over-owe on April 15th. As long as you pay enough (by Jan 15th) to not owe too much, you're good.
That sounds right. I'm not the CPA, my wife is, so she just tells me what to pay and when. I just try to build rules off of what she tells me to do.
There are some horror stories of "We thought this person wasn't going to pay their taxes so we took everything they own" from the IRS though.
I get it. The IRS can do a lot of scary things. But they're like agents of the Matrix--they're powerful, but they have to obey the rules of the system.
It's worth learning those rules so you can know how to bend them--like I do :)
Look up "Withholding Compliance ". The IRS can and does get their withholding when they want it.
Stop loaning the government money, dumbass.
The snaggletoothed demons known as the Rothschilds have seen humanity as nothing but a chattel farm for centuries, and they're currently running our entire economy (into the ground).
The reason you never hear of them is because they've known they're pieces of shit, from the start. They're at war with all of humanity.
The jab mandate opinions from SCOTUS now seem to allow Biden to force you to get jabbed if you want your payment from Uncle Sam
I remember when the IRS audited our tax returns in 2015. Reason? They didn’t believe we went from a higher tax bracket to a lower tax bracket after my wife stopped working full time to tend to our children. Took months to sort out and get my tax return.
Fuck the IRS.
In all seriousness doesn't the IRS pay you interest if they don't give your refund within a certain amount of time?
Yes
They pay you interest, but the days of interest don't start at April 15--it's way later.
I have zero withholding. I just pay on January 15.
Debating on skipping doing taxes this year.
End the covid bullshit and maybe I will reconsider.
I did that in 2020 because of the covid bs. They caught up with me
EXACTLY this!
Even worse, if the government makes a mistake, they will turn you over to their automated system and hit you with late fees and penalties!
Want to call and explain their mistake to them? Be prepared for hours on hold, or no answer at all!
After 40+ calls and hours of hold time, I finally had the get my state representative involved!
The IRS is broken!!! They can't go after the poor, the rich is staffed with experts, so they target the middle class.
Biden's IRS is coming for you in 2022!
I just paid my taxes from last year after fighting the IRS over the amount. They had me at $28K owed. I requested an audit (or review as they kept calling it), found out you can do that, and the final bill was amended to $15K. Fuck the IRS and know that you don’t need a lawyer to push back.
Yeah, my tax Bill this year is going to be super fucked. I pulled money out of the stock market and moved some rental property that I was finally willing to eat depreciation recapture on. I wanted the cash versus rolling it into another investment property. Paying off the new house we built last year and prepping for a shitty economy over the next 24 months. This inflation will eventually catch up to the stock market puppets and people will quickly realize that it will continue to be 7%+ for the next 2-3 quarters and stocks may tank.
You sold your rental property? What do you mean by depreciation recapture?
If you take depreciation on your rental property and then sell it the government charges you a percentage of that depreciation back after the sale.
The math depends on each situation but it’s capped at 25% after so the math is figured out. My accountant explains it to me every damn time because I forget the math but know I’m taking the hit.
Yeah got my stocks ready for negatives.
No extension?
Not extra. Real 6 month inflation will almost assuredly be over 3.5%.
Holy Shit, presidential ass wiping pays well!
That’s baddass job.
You and I are brothers. Same/similar stories. I’m thinking of paying music publicly for donations in public. Like a musical begger, not because I need the money but because it’s probably a better use of my life and free time.
Peace be with you, brother!
IRS charges interest for any amount you owe... But won't pay interest for giving you your own money back if you've over paid taxes.
If they're 45 days after April 15 or when you file taxes (Whichever is later), they pay interest on refund due at the prime rate. Not a whole lot, and a year delayed already, but it is interest.
I owe every year, because I have a couple businesses, and I won’t meet them have any more than absolutely necessary. That said, they cash my checks right away (4 days this time) but my brother who is owed a pile is still pending. Thousands in backlog.
I’m in the same boat , I still haven’t gotten my taxes from 2019. So I never got any stimulus which I don’t want anyway but imagine if the shoe was on the other foot??
Same for me. Jumped through hoops , had an in person meeting with all documents , keep getting flagged for review.
All federal revanue should be payed by the states at proportional levels and based on state expenditure directives. If a state finds that paying for federal services or agency support serves no purpose, it should not pay. This is the only way a central government could be stopped from becoming bloated and corrupt.
30 months for me so far.... So now I have set my w4 to no withholdings, tax dollars put into seperate account and will file extensions and then negotiate once done. Fuck um.
they did the same to me in 2020. So for 2021 no witholdings. They can wait for me.
And there is a small chance everything will come unglued before then and it will be irrelevant.
Stolen elections have consciousness.
They actually will owe him interest if they don't pay by a certain time IIRC.
Income tax another gift from the traitors in the south.
We are all tax slaves tbh
I never got my refund for last year yet either. Wtf. I am a single father with 4 children and should've had about 8 or 9k as a return.. I can't even get through to a human at IRS. Automated system just leads in circles, always arrives at, "We have no further information at this time," and then EJDS - NO HOLD SYSTEM to speak to human... I can't figure the shit out.... and their online system was down last I checked. Really passing me off Didn't they just hire, or get the 'okay' to hire,, thousands of new IRS employees? Wtf is going on!?
Gab Founder Andrew Torba Claims Trump Endorses RINOs for Financial 'Kickbacks'
I say good riddance to Kushner personally.
I just noticed - in his gab profile picture his kids are little pepes :)
Oh I'm in the same boat for state taxes.
Fill out a W-4 for 99 allowances, so that your withholdings are zero. Calculate your taxes ahead of time, and then pay enough (by Jan 15th) to not owe penalties on April 15th.
Simple as.
If we get Trump back in office we need to push him to abolish the IRS, the FBI, and anything else that's against the citizenry. I know it's a pipe dream but also abolish the mandatory aspect of insurance and licenses. I should not need to keep paying an insurance company to continue to drive a car I already purchased and own.
NEVER FUCKING BORROW THEM $$$ for free. Make it so you owe them... I pay them the last fucking day possible.
I mean technically you do have a recourse, as a citizen.
We're just not allowed to say it out loud.
In retrospect, we're subjects.
Theft.
They only owe me $300... but they owe me.
Taxation is theft. Defund the Immoral Robbery System.
He forgot to say “…yet.”
You can sue a government agency.
I really love the tax system in Australia, just saying, no problems. Too easy.
"They steal my money so deftly."
It automatically gets removed from my income, and it's usually very accurate. And if you overpay, you get it back in like a week.
Why did you pay too much tax in the first place Andrew ?
People keep thinking the government has money....
They do legally have to pay you interest though. They did this to me too for like 8 months wasn't much but free money from the IRS feels kinda good.
How’s that parallel economy fantasy of his working out for him now? There can be no ‘parallel economy’ when the enemy controls the currency you’re using and you live and work within the jurisdiction of their law enforcement and courts.
There is only regaining that control from the enemy, or not.
Oh come on guys where's the Jews in this? So out of character.
Hey there it is lol. Took long enough.
stereotyping and being the stereotype
That's not our difference.
No "jews" in this.
I took the opportunity to call out a flaw in torbas theology.
But again, other than that one thing, I like him just fine.
Fuck Torba.
Just don't ask him for a biblically accurate statement on who the jews are to GOD currently.
But other than that glaring flaw, yeah I like him.
The jews lost their inheritance.
https://www.biblecrossfire.com/blog/the-jews-are-no-longer-gods-chosen-people
This is scripturally false.
A delayed inheritance is not a lost inheritance.
We can discuss this if you like, because I'm willing to hear what you think. But I'm not interested in clicking a link to see what someone else thinks.
The parable about the vineyard owner and the tenants killing his servants and son is literally about the jews killing the prophets and Jesus. “he is not a Jew, which is one outwardly; neither is that circumcision, which is outward in the flesh: But he is a Jew, which is one inwardly; and circumcision is that of the heart, in the spirit, and not in the letter; whose praise is not of men, but of God.” (Rom 2:28-29)
Since Titus killed most of the 2 tribes that still inhabited Phillistia that we don't even know who the true jews are. It damn sure aren't the Azkhenazi/Kazarian jews. They only picked up Judaism in the 9th century or so because they had Muslims on one side and Christians on the other so they picked a middle ground for trade reasons.
Let's go with Romans 2:28 then.
Was Abraham, for purposes of discussion at his death, circumcised in heart.
Some would say "no because Jesus hadn't died yet."
Im saying there is sufficient scripture to show clearly that such thinking is a wrong view of GOD and what, precisely, salvation means in the Bible.
But I'm down to discuss this in very fine particular detail in a more efficient medium.
If there was any biblical book that I didn’t take too seriously it would be Paul’s correspondence with the Romans.
It reads like little more than political propaganda. At least to me.
If Paul was writing today it would be called “Paul’s Epistle to Washington DC” and it would tell us to all pay a full tax and be sure to vote in November!
When the Bishops and Pope in the Catholic Church compiled documents that make up the current Bible maybe a tiny bit of propaganda actually squeezed through?
Just an idea.
I am gladly with no ego telling you that you couldn't be more wrong.
It's called Romans because it's written to Christians who were living in Rome at the time.
And Romans is so very thick with theology, just explaining it one hour a week on Sunday would take years.
I mean... It's an onion in how layered it is in truth. I don't know how to describe it better.
As for "how we got our Bible" let me assure you from recorded history that the bishops and popes had nothing to do with it essentially.
That, most certainly, is racist.
No he does not.
Don't take my word for it. But from time analyzing his comments on gab and even responding to him with scripture to show him his error, I feel safe conclusing he believes:
Israel and jews are evil enemies of patriotism, and any blessing GOD had for them now rests only on Christians.
Ps - hey Torba, if you see this and I'm misunderstanding you, would love to talk to you about it since you never responded to me on gab, like ever.
Just did a preliminary check, he seems to still have the same stance.
This is one of the arguments I made to try to address his error.
https://gab.com/EtR/posts/107209690869750075
this doesn't show us anything relating to his position, just your own. I'm sure he has no problem with the jews who accept Christ. torba likely has jewish blood in him.
Edit:I confused this comment as being under the post I made just now. Please apply my comment in the context of that post.
I didn't attempt to make an exhaustive argument. And I would tell you, please do go look at his posts for yourself.
The problem is that below this statement is a fact from scripture which Torba denies:
The nation of Israel is a beneficiary of the blessing given to Jacob who was renamed ISRAEL, by GOD, and they remain the "chosen people" of GOD to this day.
but is that nation that physically exists there today what is being referred to in scripture?
They're a pile of feces to God aren't they?
They should be
You worship a pile of feces?
No, I don't worship you
Your Lord and savior is a Jew
Not mine.
Damn, then I guess it's just all those idiot chrisitans who do
So you?
Scripturally... No. Not as a national people.
As individuals....
Still no. We are all loved, redeemable, and desired by GOD, but we reject Him. (until we don't 🙏)