Thank you for posting something like this. It’s clear that some folks posting have no clue what they’re talking about.
You don’t pay all at once, you need to pay quarterly tax estimates or you will be constantly paying penalties.
I really wish people would stop giving bad tax advice to strangers.
Lizardking13@lemmy.world 2 days ago
blipcast@lemmy.world 2 days ago
This! Thank you! Apologies for getting the reason for the penalty wrong, but I have personally had to pay this and I was starting to feel gaslit. Turns out, when you go on unemployment, you should still withhold for taxes even if you feel like you need that money more while unemployed.