Talk of The Villages Florida - View Single Post - Just Paid My Taxes
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Old 04-17-2025, 07:29 AM
biker1 biker1 is offline
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If you itemize, have a Schedule C, and for other situations, the IRS doesn’t known your tax obligation..

Quote:
Originally Posted by PersonOfInterest View Post
What's a K-1? I just ignore all that stuff and eventually they'll let me know what I owe them. After not filing for years I'll go on a payment plan. Chances are I'll be 6 feet under before they catch up with me.

Why do we go through the aggrivation of telling them what we think we owe in taxes when they already know what they say we owe them? Seems like it would be easier if they just sent out a yearly bill to everyone.