I pay yearly.
Posted By: Myself on 2008-07-30
In Reply to: taxes for ICs? - moonchild
I always pay yearly. I have worked as an IC for 10 years. I have never had a penalty. A family member also has worked from home for over 20 years and has never paid quarterly. Just pay on April 15th and you should be fine.
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They don't do yearly updates and never have. If you must
get hysterical about something at least get the real information about what you are carrying on about. Statements like this just make folks dismiss what you are saying because you don't know what you are talking about.
I do taxes yearly, too.
x
Yearly income
I have three 1099's here in front of me -- one for 24K, one for 13K, and one for 5K. My W2 one is for 14 almost 15K. I did work without 1099 in the amount of 3K. The reason that my average goes down on the IRS forms is that after all my business deductions -- which includes my health insurance and 401K and Self employed retirement fund, mileage, supplies, etc. it goes down to less than 20K. Believe me or not, but it is possible and I still have time to go on the boards. I do not work 60 to 70 hours per week.
yearly wages
Last year had small MTSO two part-time IC's working for me, worked as employee parttime in clinic. Worked 50 hours per week. Made -- myself not counting what my IC's brought in -- $62 K. Starting June 1st, quit the employee position -- divorce attorney fees paid off, no IC's and keeping my 4 accounts, will work 25 to 28 hours per week and make approximately 40K from these four accounts per year. If I get stuck and need more will do overflow for another MTSO. But too many headaches and time to take some time for myself. Looking forward to it.
Patti
I pay yearly also....per my tax accountant. sm
It doesn't matter as long as you pay - quarterly, yearly, etc.
Yearly raise? What's that?
I've been waiting for 3 years for a raise I was supposed to get after 6 months.
Will it be a yearly thing now?
xx
Waiting for what? They don't do yearly updates.
What else is there to say? But if you want to keep on whining about something that is untrue be my guest.
yearly physical (joke)
I went to the doctor for my yearly physical. The nurse starts with certain basics.
How much do you weigh?" she asks.
"115," I say. The nurse puts me on the scale. It turns out my weight is 140.
The nurse asks, "Your height?" "5 foot 8," I say.
The nurse checks and sees that I only measure 5' 5".
She then takes my blood pressure and tells me it is very high.
"Of course it's high!" I scream, "When I came in here I was tall and slender! Now I'm short and fat!"
She put me on Prozac
Paying quarterly vs yearly
When I read the post regarding going from quarterly to yearly for IC taxes I got excited. I used to pay yearly until my tax guy told me to pay quarterly which I reluctantly started doing. All those years I paid yearly the IRS continued to send me quarterly tax payment vouchers which I ignored. Ok, so my point is, I just got off the phone with the IRS, explained my situation, IC who works production, doesn't make the same month to month, year to year and she STILL says I HAVE to pay quarterly and at the end of the year send in form 2210 which I think she said is an annualization form which will enable you to escape any penalties for sending in less if you made more last year. I do know if you have children there are circumstances that will enable you to file yearly rather than quarterly but I have no children at home so I didn't really pay attention to that.
Stedman's with the yearly updates. nm
s
no, annual pay used to be $500/yearly 4 india
x
The Stedman's and then you buy the yearly updates afterward. nm
s
What happened to their advertised yearly raises? sm
Oh, I remember who the owner is and am not surprised.
how do you get away with paying yearly? the IRS determines if you should pay quarterly so
unless you are having a great deal withheld from hubby's check and only paying a little bit from yours, I do not see how you can be complying with the law by paying yearly. The IRS doesn't like that. They want their money NOW!
I work for a national, $600 yearly deductible and 15-30 copay
nm
Yearly income to expect as full-time... (sm)
employee (not IC) for a national?
don't count on raising rates yearly as an MTSO.
As an MTSO, don't think you are going to increase your accounts *yearly* (the word you used).....good luck if you're taking that route!!
I have my surgeons for a decade due to they pay very well and I have NEVER raised their rates because then they COULD choose to go elsewhere for less.....just my take.....
I also worked for nat'l services for years and they rarely raised their rates to their clients, as they, too, never wanted to lose any accts.
Good luck to you, whichever way you go!! 
Need advice on yearly line count raises please. sm
Could anyone please give advice on how much a yearly raise for a line count should be? What is good, what is bad, what is average? Thank you in advance.
Yikes...2-3 reports pulled per pay period here, not yearly..
sorry to see quality isn't a big issue at your company.
Yeah, the IQ's are as ridiculously high as the make-believe yearly pay we often get quoted on her
If you believe any of this crap you really need to get out more.
In my area, the doctors do these tests automatically as part of your yearly exam -
And on my local ER account, if you're a female and show up at the Emergency Room, they will automatically do a pregnancy test on you, even if you've had a hysterectomy. I think it's a huge scam. The kinds of tests that are becoming "routine" is getting just plain silly.
Since yours is so old, you'll need the regular full-price version and then yearly you order the
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