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To: smokingfrog

Not talking of real estate taxes, but income taxes. Due to the way he gets income, on a 1099 like a self employed contractor I believe, he was supposed to do self withholding and pay in the taxes as he went. If he didn’t, thinking it might get him out of his hole without a reason to believe that he would have legitimate tax deductions, then he quickly got in dutch. It would have been better to pay the damn taxes, and file for bankruptcy.


36 posted on 12/06/2012 9:07:45 PM PST by HiTech RedNeck (How long before all this "fairness" kills everybody, even the poor it was supposed to help???)
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To: HiTech RedNeck

Oh yeah - NY State income tax. Just got finished reading how Rush had to jump through hoops to prove he didn’t owe income tax because he was living and working in FL, but because he still had his NY penthouse, they wanted their piece of the pie.


37 posted on 12/06/2012 9:15:44 PM PST by smokingfrog ( sleep with one eye open (<o> ---)
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