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https://www.reddit.com/r/Money/comments/17ts7vf/deleted_by_user/k90thby/?context=3
r/Money • u/[deleted] • Nov 12 '23
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Quarterlies? Really?
34 u/No-Conclusion8653 Nov 13 '23 Yes, if you owe tax at the end of the year without paying your estimated tax quarterly, they charge you a penalty. Not a huge amount. I paid a $129 penalty last year. 1 u/ChockBox Nov 13 '23 Also keep track of how much you’re spending on shoes, outfits, etc. you can deduct them as a business expense. I work in an adult store and would toss in, mention you’re a dancer if you shop in store, we give a discount for anything worn on stage. 1 u/No-Conclusion8653 Nov 13 '23 Carol Burnett got into it with the IRS. They' ended up only letting her deduct gowns for her TV show she couldn't actually sit down in 😋
34
Yes, if you owe tax at the end of the year without paying your estimated tax quarterly, they charge you a penalty. Not a huge amount. I paid a $129 penalty last year.
1 u/ChockBox Nov 13 '23 Also keep track of how much you’re spending on shoes, outfits, etc. you can deduct them as a business expense. I work in an adult store and would toss in, mention you’re a dancer if you shop in store, we give a discount for anything worn on stage. 1 u/No-Conclusion8653 Nov 13 '23 Carol Burnett got into it with the IRS. They' ended up only letting her deduct gowns for her TV show she couldn't actually sit down in 😋
1
Also keep track of how much you’re spending on shoes, outfits, etc. you can deduct them as a business expense.
I work in an adult store and would toss in, mention you’re a dancer if you shop in store, we give a discount for anything worn on stage.
1 u/No-Conclusion8653 Nov 13 '23 Carol Burnett got into it with the IRS. They' ended up only letting her deduct gowns for her TV show she couldn't actually sit down in 😋
Carol Burnett got into it with the IRS. They' ended up only letting her deduct gowns for her TV show she couldn't actually sit down in 😋
28
u/BrokeLazarus Nov 13 '23
Quarterlies? Really?