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Rep. Ferderica Wilson doesn’t think people prepay taxes
Posted on 10/23/20 at 3:34 pm
Posted on 10/23/20 at 3:34 pm
This is a sitting US person in Congress
44
Posted on 10/23/20 at 3:35 pm to lsufan1971
Amazing the idiocy running this country.
Posted on 10/23/20 at 3:35 pm to lsufan1971
It is a safe guess that she has never been a 1099 worker.
I don’t think Upgrayedd pays taxes for his girls.
I don’t think Upgrayedd pays taxes for his girls.
Posted on 10/23/20 at 3:35 pm to lsufan1971
quote:
Frederica
Yep. Checks out.
Posted on 10/23/20 at 3:35 pm to lsufan1971
Someone who pays an arse ton.
Also people who aren’t sure if they’ll qualify for tax credits. Maybe something like a historic building tax credit which involves a lengthy process and governmental review and has to verify you hit all of their requests in planning and eventually in construction. It can take years to go through the whole process. But only people who work in real estate development would qualify for those. Likely not a politic......
Wait.
Also people who aren’t sure if they’ll qualify for tax credits. Maybe something like a historic building tax credit which involves a lengthy process and governmental review and has to verify you hit all of their requests in planning and eventually in construction. It can take years to go through the whole process. But only people who work in real estate development would qualify for those. Likely not a politic......
Wait.
This post was edited on 10/23/20 at 10:03 pm
Posted on 10/23/20 at 3:36 pm to lsufan1971
What a fricking moron. These people screamed for him to release his taxes, and they are fricking clueless about how taxes work.
Posted on 10/23/20 at 3:36 pm to lsufan1971
This tweet has been deleted. 
No shite.
No shite.
Posted on 10/23/20 at 3:37 pm to lsufan1971
Coyotes do!
Posted on 10/23/20 at 3:37 pm to lsufan1971
I'm guessing she's asking because she doesn't pay any taxes.
Posted on 10/23/20 at 3:37 pm to lsufan1971
Most businesses are required to prepay quarterly taxes. I've done it for years.
Also, payroll withholding IS prepaying taxes
Also, payroll withholding IS prepaying taxes
Posted on 10/23/20 at 3:38 pm to lsufan1971
Who prepays taxes?
Business owners. It's that simple. You prepay payroll, SS and Medicare taxes quarterly, then reconcile what you prepaid with what you actually owe during the full filing. Often, since the quarterly taxes are due two weeks before the end of the quarter, you have to project what you owe those last two weeks, which results in a refund from overpaying.
Business owners. It's that simple. You prepay payroll, SS and Medicare taxes quarterly, then reconcile what you prepaid with what you actually owe during the full filing. Often, since the quarterly taxes are due two weeks before the end of the quarter, you have to project what you owe those last two weeks, which results in a refund from overpaying.
Posted on 10/23/20 at 3:38 pm to teke184
quote:
It is a safe guess that she has never been a 1099 worker.
Or a W-2.....technically withholdings are pre-payments.
Posted on 10/23/20 at 3:38 pm to lsufan1971
Easy answer. Donald Trump does. I have a question though. Who in their right mind goes to their job in DC as a congressperson dressed like a frickin rodeo clown?
Posted on 10/23/20 at 3:38 pm to jlovel7
quote:
Someone who pays an arse ton
I don’t pay an arse ton, but still have to pay an estimate quarterly, especially when trading options heavily
This post was edited on 10/23/20 at 3:39 pm
Posted on 10/23/20 at 3:39 pm to DWaginHTown
W2 is withholding and most people never see that money.
1099 workers tend to cut quarterly checks to pay for their estimated tax.
My general point is “she hasn’t been in a position where she has had to cut the government a check.”
1099 workers tend to cut quarterly checks to pay for their estimated tax.
My general point is “she hasn’t been in a position where she has had to cut the government a check.”
Posted on 10/23/20 at 3:41 pm to Janky
quote:
Amazing the idiocy running this country.
But think they are the smartest people around. I work for a large College system and we have a bunch of people like this.
Posted on 10/23/20 at 3:41 pm to Bjorn Cyborg
quote:
Also, payroll withholding IS prepaying taxes
Came to post this. EVERYONE prepays taxes... And most don't have a choice in the matter.
Posted on 10/23/20 at 3:42 pm to lsufan1971
We withhold taxes from our workers on a weekly basis and pay it to the IRS. I estimate my taxes and pay the IRS on a quarterly basis. Sometimes I over pay. If I overpay I roll it forward for the next quarter.
Those are examples of prepaying taxes and it’s very common,
Those are examples of prepaying taxes and it’s very common,
Posted on 10/23/20 at 3:43 pm to lsufan1971
These guys need to read a book.
Posted on 10/23/20 at 3:43 pm to lsufan1971
She grew up in Miami and dresses like the flag bearer at a rodeo.
Don't over expect.
Don't over expect.
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