COLI BREHS EVER WENT EXEMPT ON A BIG CHECK?!!?
- Thread starter lamont614
- Start date
IRS will get theirs eventually, especially if you're in the mid - high 5 digit tax bracket filing with no dependents
...do you want to pay taxes now or pay taxes later 
If now....declare the taxes
If later....don't
If now....declare the taxes
If later....don't
ThumpDaddy
All Star
I know people that do this. Go ahead and go exempt and then after you get the check change it back. You won't notice it if you been paying your taxes for the whole year. I knew people that did this on quarterly bonus checks and they didn't miss it. If anything your return won't be as much as it would be but you can enjoy that money now.
fendi_mane
Banned
I file exempt all year and just pay them back in April... fukk it
Yaboysix
That nikka
OH shyt ...MONEY SCAMS,MY TYPE OF TALK...
aight, is it true that if you claims kids that aint yours to get that extra cash..they come for you??
what can keep'em off me?
aight, is it true that if you claims kids that aint yours to get that extra cash..they come for you??
what can keep'em off me?
You actually pay less in taxes when you play it that way. Just gotta have the discipline to pay what you owe when April swings around.
ThumpDaddy
All Star
I know a guy whose father does that too. Instead of paying taxes, he deposits the money into some interest bearing account so that he can earn interest on the tax that he would pay the government. Also, you are paying the government exactly what they are supposed to get instead of giving the government an interest-free loan with your money. If you can do it, go for it. I'm not in a position to now but in a few years I will be.
HookersandIceCream
#TeamOrange
They took 3K out of last check
fendi_mane
Banned
Excuse my dumb but I don't get it... Do you already owe them or something?
how much u usually have to pay them breh?
beenz
Rap Guerilla
...do you want to pay taxes now or pay taxes later
If now....declare the taxes
If later....don't
most people don't have the discipline not to spend that extra bread. but if the threadstarter is one to put that money aside he's gonna need to pay the IRS, then so be it. especially if he can put that extra money in an income earning account until it's tax time.
fendi_mane
Banned
YOU AREN'T REALLY CHEATING ANYBODY. YOU'LL JUST END UP TAKING THE HIT AT THE END OF THE YEAR. IF THE CHECK IS BIG ENOUGH YOU'LL END UP HAVING TO PAYING RATHER THAN GETTING A REFUND.