➡I accidentally bought Balut eggs: 2 live ducks! Now a Chat Thread!

[Pugsabi]

Don't read blogs.
Read the source.
https://www.irs.gov/help/ita/do-i-need-to-file-a-tax-return

If you make $400 and up you are suppose to file a federal tax return.
State returns...I don't know.

Yep, there's a difference between having to file and having to pay. Most everyone has to file their taxes, but if your under a certain threshold you get all your tax money back. Or you did at some point in time. Every president makes their own tax plan so it is never set in stone.

 

[Pugsabi]

Yep, there's a difference between having to file and having to pay. Most everyone has to file their taxes, but if your under a certain threshold you get all your tax money back. Or you did at some point in time. Every president makes their own tax plan so it is never set in stone.

Like Medicare/Medicaid(I forget which one) and social security are the ones everyone has to pay into.

 

[ShrekDawg]

You will have to pay taxes. There is a lot of good information on Rover in regards to this. Links attached below.

https://support.rover.com/hc/en-us/articles/203062540-How-do-taxes-work-

https://www.rover.com/community/question/9352/how-do-i-file-my-taxes/

Thanks! That’s really helpful! I will have to read those.

Don't read blogs.
Read the source.
https://www.irs.gov/help/ita/do-i-need-to-file-a-tax-return

If you make $400 and up you are suppose to file a federal tax return.
State returns...I don't know.

I tried that but it was like a survey and I don’t have the info

And huh that sucks lol

You still have to report ALL income and you will have to pay taxes on it.

Everything I am reading says you don’t under a certain amount? BUT. I then found other articles that said self employed is different than regular employment and is the $400 number Kiki mentioned

Do you see the age?

It says under 65

Ignore this.

Just saw this part

Yep, there's a difference between having to file and having to pay. Most everyone has to file their taxes, but if your under a certain threshold you get all your tax money back. Or you did at some point in time. Every president makes their own tax plan so it is never set in stone.

Huh, that makes sense I suppose.

 

[Kiki]

Like Medicare/Medicaid(I forget which one) and social security are the ones everyone has to pay into.

care

 

[Kiki]

Thanks! That’s really helpful! I will have to read those.



I tried that but it was like a survey and I don’t have the info

And huh that sucks lol



Everything I am reading says you don’t under a certain amount? BUT. I then found other articles that said self employed is different than regular employment and is the $400 number Kiki mentioned



It says under 65



Just saw this part



Huh, that makes sense I suppose.

Kiki knows taxes/IRS stuffs.
Don't ask me any of the recent changes though.
I've been home for a few years now.

 

[ShrekDawg]

Why does this have to be so confusing!? Literally every single thing I read, even from accountant/tax people websites and companies kept saying you do not have to file under a certain income and age, you do not have to file, do not do not, etc. so I was like okay that’s cool, BUT then I finally found two articles that mention SELF EMPLOYMENT and apparently that is much different than regular employment, which is what all the other articles were referring to, and NO ONE MENTIONED THAT.

Both pretty clearly state not everyone has to file.

https://turbotax.intuit.com/tax-tip...e-need-to-file-an-income-tax-return/L7pluHkoW

https://www.hrblock.com/tax-center/income/other-income/how-much-do-you-have-to-make-to-file-taxes/

But these smart people finally mention self employment which.... why don’t ALL the websites mention that!?

https://www.bankrate.com/finance/taxes/who-has-to-file-taxes-1.aspx

https://www.forbes.com/sites/kellyp...ed-to-file-a-tax-return-in-2018/#58a68d81b2a5

https://www.hrblock.com/tax-center/filing/do-i-have-to-file-taxes/

 

[Kiki]

Why does this have to be so confusing!? Literally every single thing I read, even from accountant/tax people websites and companies kept saying you do not have to file under a certain income and age, you do not have to file, do not do not, etc. so I was like okay that’s cool, BUT then I finally found two articles that mention SELF EMPLOYMENT and apparently that is much different than regular employment, which is what all the other articles were referring to, and NO ONE MENTIONED THAT.

Both pretty clearly state not everyone has to file.

https://turbotax.intuit.com/tax-tip...e-need-to-file-an-income-tax-return/L7pluHkoW

https://www.hrblock.com/tax-center/income/other-income/how-much-do-you-have-to-make-to-file-taxes/

But these smart people finally mention self employment which.... why don’t ALL the websites mention that!?

https://www.bankrate.com/finance/taxes/who-has-to-file-taxes-1.aspx

https://www.forbes.com/sites/kellyp...ed-to-file-a-tax-return-in-2018/#58a68d81b2a5

https://www.hrblock.com/tax-center/filing/do-i-have-to-file-taxes/

Because most people work a real job...real as in they get a pay check where the SS/Medicare taxes are taken out and paid each check by the employer.

Self employment is a whole other ball game.

 

[ShrekDawg]

Yep, there's a difference between having to file and having to pay. Most everyone has to file their taxes, but if your under a certain threshold you get all your tax money back. Or you did at some point in time. Every president makes their own tax plan so it is never set in stone.

Like Medicare/Medicaid(I forget which one) and social security are the ones everyone has to pay into.

care

That’s not income tax though? Are there other taxes I’m supposed to be paying? ****....

Kiki knows taxes/IRS stuffs.
Don't ask me any of the recent changes though.
I've been home for a few years now.

Thank you, you are very helpful!! And btw, hopefully you know this, but I am not trying to rip the system off or screw the government or avoid paying taxes or anything lol, but if you see my latest post and the first articles I read, you will hopefully see why I was so confused and mislead lol

 

[Kiki]

Why does this have to be so confusing!? Literally every single thing I read, even from accountant/tax people websites and companies kept saying you do not have to file under a certain income and age, you do not have to file, do not do not, etc. so I was like okay that’s cool, BUT then I finally found two articles that mention SELF EMPLOYMENT and apparently that is much different than regular employment, which is what all the other articles were referring to, and NO ONE MENTIONED THAT.

Both pretty clearly state not everyone has to file.

https://turbotax.intuit.com/tax-tip...e-need-to-file-an-income-tax-return/L7pluHkoW

https://www.hrblock.com/tax-center/income/other-income/how-much-do-you-have-to-make-to-file-taxes/

But these smart people finally mention self employment which.... why don’t ALL the websites mention that!?

https://www.bankrate.com/finance/taxes/who-has-to-file-taxes-1.aspx

https://www.forbes.com/sites/kellyp...ed-to-file-a-tax-return-in-2018/#58a68d81b2a5

https://www.hrblock.com/tax-center/filing/do-i-have-to-file-taxes/

STOP READING the internet.
READ ONLY the IRS.gov website.

 

[ShrekDawg]

Because most people work a real job...real as in they get a pay check where the SS/Medicare taxes are taken out and paid each check by the employer.

Self employment is a whole other ball game.

Ahhh okay. That makes sense. Wait... taxes are already taken out? That sounds so much easier! Maybe I should just get a regular job lol

STOP READING the internet.
READ ONLY the IRS.gov website.

Yeah, thinking I’m going to. I figured a big company like that would be reputable though lol

I tried to read the IRS thing but they don’t have an article hah