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/biz/ - Business & Finance

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17175486 No.17175486[DELETED]  [Reply] [Original]

I need some tax evasion advice. I was paid 20k as an independent contractor on the books over the last 2 years. 5k 2 years ago, and 15k this last year. I filed my taxes but I didn't tell the IRS about it. What the fuck is going to happen to me? Any way I can get around not paying the taxes?

>> No.17175519

did you get paid cash?

>> No.17175531

>>17175519
Usually not. Check mostly

>> No.17175553

File an ammendment and be done with it. Talk to a cpa, not a competitive Egyptian Rat Slap forum

>> No.17175589

>>17175553
>competitive egyptian rat slap forum

>> No.17175611

>>17175486
Nothing will happen because the IRS is extremely understaffed. Mostly they go after poor people who try to claim tax credits and small businesses.

>> No.17175641

>>17175611
I'm leaning towards rolling the dice and just not paying it. I don't know what the repercussions are if I get caught though. Would I just have to pay it or would I get added fines?

>> No.17175663

>>17175641
they probably wouldnt even give a fuck about 20k lol but youll just need to file new forms with the right information and pay the tax

>> No.17176350
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17176350

Thanks fags

>> No.17176767

>>17176350
If you have a 1099 then the irs has that 1099. They know you've under reported income.

You may have lucked out because they are understaffed but i would count on that. If they come asking, you're looking at interest and penalties. Also you owed self employment tax

>> No.17177142

Why do people think they can win against the IRS?

THE IRS HAS THEIR OWN COURTS!
YOU CAN"T WIN

>> No.17177757
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17177757

>>17175486
Do I pay taxes on bitcoin I received via gaiaonline's cash points filling in surveys valued at .75 cents at the time?

>> No.17177792

>>17175486
Just file an amended return. The IRS will work with you if you owe back taxes. If they think you are evading taxes though you'll be fucked (revoking passport, freezing bank accounts, audits, etc.)

>> No.17177987

>>17177792
Thats the worst case scenario and that applies to actual money launderers. There are three target areas for IRS.

1. Poorfags under 20k claiming free returns (Lousiana/Kentucky fags)
2. "I live in NY and have a $60k job but I have 15 houses that I rent to my Albanian friends for cash and spend about $150k in expenses
3. Literal morons who make 400k+ a year but get caught trying to jew the system