Random Chit Chat

[PP Mguire]

The great thing about electronic direct deposit is the bank doesn't need to be open for it. People on retirement or VA should be getting it first.

 

[strollin]

I just realized that 2020 will be the first year that I have had no W2 earnings since 1969!

 

[PP Mguire]

I just realized that 2020 will be the first year that I have had no W2 earnings since 1969!

Just curious, but how is the change in filing?

 

[strollin]

The difference is that I won't receive any W2s from employers since I didn't have any employers in 2020. All of my income will be reported via 1099s and documents like that. Other than that, filing is the same.

 

[Trotter]

Went for a rapid test, came back negative.

 

[TechnoChicken]

Went for a rapid test, came back negative.

Nice...

 

[PP Mguire]

The difference is that I won't receive any W2s from employers since I didn't have any employers in 2020. All of my income will be reported via 1099s and documents like that. Other than that, filing is the same.

Oh sorry, I thought you meant retirement or something along those lines.

 

[Joe C]

1099's can hit ya....self employment tax is often more and you'll have to cough up 100% of your S.S. tax too. Of course it depends on how much your claiming in that 1099/1099's

 

[Joe C]

Great news on the negative test Trotter!
What about Mrs. Trotter?

 

[Joe C]

The great thing about electronic direct deposit is the bank doesn't need to be open for it. People on retirement or VA should be getting it first.

eh.... no eagle dribble for me as of yet