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Last year, basically all my jobs were contract so they didn't withhold my taxes. So now I owe probably a bunch of money (I think the taxes worked out to like $5000? That sounds kinda low.) and I'd like to pay that off. I'm a huge pile of barely-functional ADD, so optimize for as few steps as possible D:
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Jan 12, 2016 18:21
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First step, find a reasonable accountant and get a good idea of what you owe and what assets you have to pay it off. You're going to have to pay a penalty for not doing it earlier, but as soon as you get the ball rolling and actually cop to it, the less you'll pay in late fees. If your financial situation isn't good right now, you can put off paying, but first step is to see how much you owe/are liable for.
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Jan 12, 2016 19:05
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Have you though about stacking all your 1099 together and inputting them into turbo tax? You don't have to pay until the end I think. You can also just fill out paper forms and mail them to the IRS with or without a check and then try to get them to waive penalties and or setup a payment plan.
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Jan 14, 2016 17:22
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Far as I know you should call a tax preparer and/or the IRS and say "hey I screwed up, what do I do to fix this?" There are people in the world who have the job of sorting out mistakes like that. Pretty sure nothing too terrible is going to happen beyond maybe paying a few fines or penalties.
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Jan 25, 2016 13:11
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it is posted:Last year, basically all my jobs were contract so they didn't withhold my taxes. So now I owe probably a bunch of money (I think the taxes worked out to like $5000? That sounds kinda low.) and I'd like to pay that off. ...just file your tax return before April 15, 2016 and pay what you owe. You might have some interest and penalty due (of you owed last year) - but penalty, at the least, can be pretty easily waved.
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Jan 25, 2016 13:46
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