Tax day. Untaxed YouTube revenue. Oof. 馃槶
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life hack: increase your withholding at your day job to cover this next year
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yes tbh its perfect. that way your pay check decreases some. you just tell your spouse that benefits etc cost went up. Then you can spend full adsense on toys and not worry about taxes.
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I don鈥檛 know if I can do that with my current employeer easily. Taking the kick in the teeth all at once is probably the road of least resistance 馃槄
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You should be able to just fill out a new W4: irs.gov/pub/irs-pdf/fw4.pdf Its the form where you claim 1,2,3,4, etc. Just copy it like you did before then add additional withholding like say 100-200 a pay check etc.
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I thought it was a good thing to owe taxes instead of having some refunded or paying early? Essentially, avoiding giving the government a free loan or money early that could be invested. Not a tax guy so I may have misunderstood.
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Replying to @thisistechtoday @jeremyjudkins @every_daydad
technically the IRS doesn't want you to have to owe a chunk at tax time, which is why you're supposed to file quarterly. but also yes it's a "good" thing in that owing means you didn't loan your money at 0% to the IRS for the year.

Jul 16, 2020 路 12:48 AM UTC
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