Finally making it, taxes edition

I finally got my foot in the door this year, and put that meme degree to use. Got that good job, remote, and been loving it, right until I started doing my taxes calculations.

And I'm going to pay 30,000 in taxes. What the fuck?

I'm a contractor, so I don't get healthcare from my employer, I still rent a decent small-to-mid sized place, and I'm still being smacked over the head with like I'm a fucking 1930's wealthy landowner. Why am I paying socialism rates without socialism benefits? What the possible fuck could all this money be going towards? I've seen our roads, and even with my expensive ass insurance putting a foot into the doctor's office still costs me 200 dollars.

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>Why am I paying socialism rates without socialism benefits


This is the most profound thing Ive read on biz in a long time

You don't get tax relief benefits as a self employed in the US? If you can't make it as a business owner then what the fuck is the point of being there at all?

>What the possible fuck could all this money be going towards?

Boomers pensions and gibs.

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Those government-mandated penis inspection booths don't pay for themselves, user.

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Welcome to the middle class user. Next time either stay poor or get rich.

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>And I'm going to pay 30,000 in taxes. What the fuck?
You need an S-corp, and now. Schedule C will wreck your shit.

Incidentallt
>Why am I paying socialism rates without socialism benefits?

Because (((America))) is a shithole.

>You don't get tax relief benefits as a self employed in the US? If you can't make it as a business owner then what the fuck is the point of being there at all?

Welcome to America.

Even an LLC will get him a 20% deduction, with less administrative costs.

Enjoy being American

lmao welcome to real life kid. Keep voting democrat, jerome and tyrone need to be fed and housed.

I've heard of LLC's but not S-Corps. I'll look into it, thanks user.

>Why am I paying socialism rates without socialism benefits?
Because you're American.

get a tax laywer to make you look poor on paper you absolute mong. you gotta stop thinking like a wagie and start gaming the system. get a good jewish lawyer and they will save you a ton.

We need your tax money to subsidy mdonald's and lockheed martin so pay up and don't you dare complain.

Sorry goy but the rich keep refusing to pay their share therefore you must make up for it!

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>Why am I paying socialism rates without socialism benefits?
b/c Mutts are dumb, it stems from the utter arrogance of you tards still believe Burgerland is like it was in the 50's.
>What the possible fuck could all this money be going towards?
The interest ONLY on the national debt, nothin else
>I've seen our roads
Those road have never been & will never be paid for...
>and even with my expensive ass insurance putting a foot into the doctor's office still costs me 200 dollars.
HA HA HA HA HA HA HA HA

this. minus the antisemitism

Not Op

I'm taking notes. When I make it. Thanks, fren!

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>Why am I paying socialism rates without socialism benefits?

Welcome to america, you retarded fucks

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If you taking notes, then look into renouncing, its the ONLY way Mutts can obtain real freedom

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Who the fuck do you think the rich are?

2

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>minus the antisemitism

lol. kill yourself

S corps allow pass through income free of payroll tax. You can also get the QBI deduction with an S Corp...unsure if an LLC allows it.

I was paying 26k/yr....now with the Trump changes I pay about 6400...I also have 4 kids so that helped a lot too.

Yikes, you know that is BS btw, right.
>running a budget surplus
Kek

The reality of welfare is a black pill, Jow Forums doesn't want to hear.

>t. Fernando

t. Dumb Mutt

thanks for confirming, Dumb Mutt.
t. me

I'm just sayin that write up is BS. All tax gets spent on 1 thing...it wasn't mentioned. The interest only payment on the national debt.
t. not a burger

> 200 to see a doctor
Bro you have some awful insurance, that's what I pay for an ER visit with 25 miles of ambulance ride included