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this post was submitted on 13 Jan 2024
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Mildly Infuriating
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It's just good to get something in this website for casual viewing whilst refreshing original content is added overtime.
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It’s just a 1099, if you don’t want to use tax prep software don’t? Learn to do the paperwork yourself. If you’re smart, you’ll deduct all of your mileage, clothing expenses, ‘business related meals’, etc.
Also any healthcare expenses. When I worked 1099, I actually paid LESS in taxes than I do now.
Yeah, I'm 1099 and the standard deduction for a married person is 24k. I get as squirrelly as I can with my deductions and still usually don't get close. Obviously some things are schedule A versus C or whatever, but I'm not sure I pay less than someone who grosses what I do but as a W2. I take the hit on FICA, since I don't get to split that with an employer. I've been doing it going on 16 years and so my W2 days are hazy, but I've never been convinced I'm somehow paying less. Maybe the benefit I get is when I get a new chair to sit at my PC, I write it off, bt they didn't mean I get $500 back.