All I can say is … how is anyone supposed to earn a living these days.
I was doing my tax return and was getting a small refund, but at least it was something. But then I got a 1099 misc form.
I earned a big $1600 dollars from my sales of Watkins products last year.. whoopee… only thing is now I have to pay self employment tax, social security and medicare on that amount.
So now I owe the IRS! They are taking an extra $376 from me for that miserable $1600 I earned.
It just doesn’t make any sense to me. How can people survive when we are taxed to death.
It’s hardly worth it to try to make a few extra dollars
