COLI BREHS EVER WENT EXEMPT ON A BIG CHECK?!!?

[Fredo Santana]

fukk the irs

 

[Fredo Santana]

taxes

 

[KAWS]

In order to file exempt, I think you have to be able to prove you reasonably believe you won't have any tax liability.

Otherwise if you end up owing, they can get you for a fraudulent claim

 

[MR. SNIFLES]

In order to file exempt, I think you have to be able to prove you reasonably believe you won't have any tax liability.

Otherwise if you end up owing, they can get you for a fraudulent claim

IT'S REALLY UP TO YOUR EMPLOYER. IF THEY PROCESS THE PAPERWORK YOU CAN GET AWAY WITH IT UNTIL THE END OF THE YEAR. MOST EMPLOYERS WILL MAKE IT SO YOU CAN ONLY CHANGE YOUR FILING STATUS ONCE EVERY 6 MONTHS OR SO. THAT WAY IF YOU CHANGE FOR 1 BIG CHECK YOU END UP fukkIN YOURSELF OVER IN THE LONG RUN.

 

[KAWS]

IT'S REALLY UP TO YOUR EMPLOYER. IF THEY PROCESS THE PAPERWORK YOU CAN GET AWAY WITH IT UNTIL THE END OF THE YEAR. MOST EMPLOYERS WILL MAKE IT SO YOU CAN ONLY CHANGE YOUR FILING STATUS ONCE EVERY 6 MONTHS OR SO. THAT WAY IF YOU CHANGE FOR 1 BIG CHECK YOU END UP fukkIN YOURSELF OVER IN THE LONG RUN.

But most employer policies will look like this:

An employee may claim exempt if he/she had a right to a refund of all income tax
withheld in the previous year because he/she had no tax liability AND he/she
expects a refund of all income tax withheld this year because he/she expects no
tax liability.

 

[fendi_mane]

In order to file exempt, I think you have to be able to prove you reasonably believe you won't have any tax liability.

Otherwise if you end up owing, they can get you for a fraudulent claim

I have had them come back and snatch most of my check before but I didn't understand. I always pay every April, this world is just a huge rip sometimes. They can come and get you for a fraudulent claim because you don't want to let them borrow your money?

 

[KAWS]

I have had them come back and snatch most of my check before but I didn't understand. I always pay every April, this world is just a huge rip sometimes. They can come and get you for a fraudulent claim because you don't want to let them borrow your money?

I agree that's it's unfair, but the gov't would be in bad (worse) shape if they didn't get a piece of everybody's check.

Filing exempt is just for people who won't owe. If you do owe, you know you'll owe, but you file exempt anyway just so you don't have to pay a piece of your check, that's fraud.

 

[ThumpDaddy]

Excuse my dumb but I don't get it... Do you already owe them or something?

Yeah, I fukked up big time and it's my fault. But it's cool. I've said it before but I hate that now that I know what to do I can't do it because I owe the IRS. You know you supposed to learn from your mistakes. Well, I learned and it's going to take a couple of years before I can really do something about it.

 

[lamont614]

IT'S REALLY UP TO YOUR EMPLOYER. IF THEY PROCESS THE PAPERWORK YOU CAN GET AWAY WITH IT UNTIL THE END OF THE YEAR. MOST EMPLOYERS WILL MAKE IT SO YOU CAN ONLY CHANGE YOUR FILING STATUS ONCE EVERY 6 MONTHS OR SO. THAT WAY IF YOU CHANGE FOR 1 BIG CHECK YOU END UP fukkIN YOURSELF OVER IN THE LONG RUN.

this what i gotta be thoro about i just wanna do it for one check and then switch it back cuz its a big bonus check

this is a one time thing only

 

[MR. SNIFLES]

this what i gotta be thoro about i just wanna do it for one check and then switch it back cuz its a big bonus check

this is a one time thing only

I DON'T WANT TO BE NOSEY. HOW BIG OF A PERCENTAGE WILL THIS CHECK BE OF YOUR WHOLE INCOME FOR THE YEAR?

 

[lamont614]

I DON'T WANT TO BE NOSEY. HOW BIG OF A PERCENTAGE WILL THIS CHECK BE OF YOUR WHOLE INCOME FOR THE YEAR?

not that big i get paid bi weekly example 2 checks in a month 1 reg 950 the other bonus ive in the bouns dep they past 4 months my last check was 1600 this new check should be 1900
all this after taxes


with no bonus im just getting 950 every paycheck but im been getting bonus now

 

[Akata Man Bromo]

I almost wanna cry when I see how much they take out in taxes off my check brehs
There is no way to have less come out and get less back at the end of the year or even nothing back at the end of the year

 

[MR. SNIFLES]

not that big i get paid bi weekly example 2 checks in a month 1 reg 950 the other bonus ive in the bouns dep they past 4 months my last check was 1600 this new check should be 1900
all this after taxes


with no bonus im just getting 950 every paycheck but im been getting bonus now

NOT WORTH IT.