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Just curious how this works. Wife and I have to pay 100% taxes, on a potential job. We are 5 months behind and owe a crazy amount of money. But we have no income. So how can we pay?

Just curious how this works. Wife and I have to pay 100% taxes, on a potential job. We are 5 months behind and owe a crazy amount of money. But we have no income. So how can we pay?

(post is archived)

[+] [deleted] 2 pts

Get an extension, get a loan, ignore it and settle later.

Your post is confusing...are you saying you're a private contractor with a potential job lined up that you'll have to pay all the taxes on and you won't have the money to pay your bills AND the taxes once you finish the job?

Thank you. All advice is welcome. If I ignore it, they will seize our property and auction it. Maybe arrest us. No loan or extension options. I have no job.

[–] 1 pt

Oy Vey , get two jobs goy , you must pay your fair share

[–] 0 pt

Don't. It's simple shit. Stop reporting your income

I'm not. I don't have income. I said that already. If I don't pay, they will take everything we own and auction it. We might wind up in prison.

[–] 0 pt

What income are you reporting if you don’t have any? Wtf is this post?

None, obviously. So how do we pay the 30,000 a month in taxes?

[–] 0 pt

You don’t pay taxes if you don’t have income. You’re not telling the full story here.

But I have to. Or they will take what we own and sell it and probably arrest us. What else would you like to know?

[–] 0 pt

If you owe taxes, you had income. What did you do with it? Blow it all on useless crap and drugs? Didn't it occur to you that you would have to pay taxes later? How can you owe taxes on a "potential job"? Now you want free lessons on how to be an adult? You think internet advice is going to solve your problems?

No. We have no income. Why would I buy useless crap and drugs? With no money? No. I had no idea I would have to pay taxes. Why would that occur to me? How can I owe taxes on a potential job? This is MY question. No, I did not ask for lessons on how to be an adult. If I do not get advice from the internet, then from where?

[–] 0 pt

Always put 25% of what you make aside for tax season. Otherwise just keep filing for extensions and pay it off as you can until you're caught up.

What would 25% do if we have to pay 100%? And I don't make anything. So what do I pay with? There are no extensions. Only seizure of all we own to pay it.

[–] 0 pt

If you don't make any money, you don't owe any taxes.

Your post makes no sense.

[–] 0 pt

This post is just retard fuel. Enjoy your time in prison, retard.

Apparently you are on fire?

[–] 0 pt

But how can we pay?

Exactly. That is my question. How can you pay if you have no money?

[–] 0 pt

Talk to a tax expert accountant. Not some retail accountant who just finishes the books. You need an accountant who knows the actual law, and knows the tax people on a first name basis.

The situation is probably not what you think it is. You are not a tax expert. The tax people get it wrong all the time too. Government workers are especially incompetent, and lazy as hell. They are not hired for their intelligence. Now they are also millennials who can not actually count or comprehend the written language, never mind the law as written. They are certainly not lawyers. They just follow internal dictated department policy, and more often than not, do even that incorrectly. Everyone defers to the experts.

Also, you can probably go through a debt reorganization and get the tax people to accept 10%, and write off the rest. Some money recovered is better than no money at all, but the plan has to come through a debt recovery outfit, and not through you directly. The government will just assume you are lying anyways. They'll want third party verification of the financials.

Again, talk to a tax expert. They know all about it.

Thank you. But that is why I am desperately asking internet strangers. I did talk to a tax expert. They advised me to "just pay it". But... with what money? Why should I even pay 10% though? That is just so unfair.

[–] 0 pt

Just move to another country with a new ID and start again.

People do it all the time.

I hear Sweden is very nice to Muslim immigrants - Allah Akbar.

Free housing, salary, medical, education, and day care.

lol Well, if I had money to travel elsewhere, I would! Good idea though.

[–] 0 pt

I've never owned a business but what I remember about taxes is you find as many write-offs as possible and use those to pay zero tax. You might have to find an accountant to help you do so and you can also write off that. My father always files extensions and pays his taxes quarterly so it doesn't get completely destroyed once a year, maybe try that.

Thank you. I talked to one accountant. They just told me to pay it. Was not very helpful. This should be against the law. Taxed merely for being alive. Income tax should be a tax on income.

[–] 0 pt

taxes are garbage. People always bitch and moan about how 75% of America doesn't pay income tax. But they never bitch about how almost 100% pay payroll tax. That's the real fucking enemy right there. And all the other bullshit associated in your deductions. The fucking scumbags will try to take 35 to 40% of your paycheck and leave you with scraps and say you'll like it. what's the alternative Putin's Russia?

The thing is, with no payroll, and no income, I'm not where I am supposed to find money to pay it. I am actually planning to go to Russia. They have food in Russia!

[–] 0 pt

This is a slide post.

I did not post any photos. If you see pics, they are NOT mine!