A community of 30,000 US Transcriptionist serving Medical Transcription Industry

Money Owed - Meh

Posted: Apr 14, 2015

I haven't filed any tax forms since I've been working here. Not really financially literate But my sister told me that I should file tax form and determined that I owe about $800 for 2014. I thought I made little money as it is let alone have to pay an additional $800 for working at Nuance during 2014.

Would Like To Know - Meh

[ In Reply To ..]
I'm not sure why I got a dislike for my posting. However, I would like to know if others have owed hundreds of dollars also when filing their taxes for the year.

Probably someone just disliking that you - have to pay. nm

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x

Taxes - Radass

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1400 here. That's every year. All the good tax deductions grew up and moved away. And I have to keep giving them money so they won't come back. But this is better than it was when I worked as a contractor. I'm on a handy dandy payment plan with Uncle Sam paying back 24,000 in taxes that I racked up as a contractor. It happens. File those taxes today even if it's just an extension because that non-filing penalty stings worse than the penalty for waiting until October to pay.

Not being financially literate is not - xx

[ In Reply To ..]
an adequate excuse for not filing your taxes. You're going to have to pay that eventually, and if you keep sticking your head in the sand and ignoring it, it is just going to get worse and worse with penalties and interest.

not real sure - what you mean

[ In Reply To ..]
that you haven't filed your taxes since you have worked for N, but it sounds like you're not having enough taken out of your check for reason for another? are you single, married with children, head of household or what? it also depends on which form you are eligible to fill out, i.e, ez or 1040a. regardless, you have to file taxes. that's one of our 'rights' as a US citizen. another poster was right ... it will only grow and never ever go away until paid.

Head In Sand - Meh

[ In Reply To ..]
I'm an isolated disabled individual who had no parental guidance. That explains why. Now don't harangue me because I'm not using it as an excuse, but when you've lived my circumstances, you have to figure out everything yourself later in life.

didn't mean to - offend you

[ In Reply To ..]
was really only trying to give some insight.

No Offense - Meh

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I didn't find your comment offensive, but I was just explaining why I've had my head in the sand. I just don't understnad why I get dislikes, however, for my posting. The only explanation is the dislikes are from judgmental people who cannot understand why one may be completely financially illiterate (and I know in my case it's not due to irresponsibility on my part).

Why Dislikes - Meh

[ In Reply To ..]
Do I get dislikes for posting this comment because I'm financially illiterate? Or do I get dislikes because I'm being irresponsible, in the dislikers' opinion? I'm just trying to figure things out. Can't help it if I've been disadvantaged. Again, not using it as an excuse but just explaining why I'm impractical and have my head in the sand (but trying to take it out). However, I've said nothing wrong but only trying to help myself and therefore taking responsibility. This forum has so many negative people.

i'm truly sorry - about the dislikes

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it was not me. just as advice from a 51-year-old who has been doing this since i was 18, file your taxes and set up a payment arrangement with the irs for your back-taxes due and file every year from here on out.

Final Comment - Meh

[ In Reply To ..]
Thank you for your remark. I found this comment and maybe one or two other comments to be supportive. However, I find this forum to be overall negative and it would behoove me not to frequent this forum again, actually. I think more of my time can be more well-spent educating myself on things that I missed out on.

Meh - keep in mind the IRS will tell you what - you owe based on the numbers

[ In Reply To ..]
alone. If you were to file a return and take all your deductions you are entitled to (they don't know about that as they only run the basic numbers in coming up with their "bill") chances are you will not owe, or maybe a small amount. Have you taken all your home office deductions? Use something like turbotax or HRblock online. I wouldn't let it just sit as that $800 has the potential to turn into 3 times that amound with interest and penalites. IRS debt is something you don't want to carry. Good luck!

Who cares about dislikes? - Radass

[ In Reply To ..]
Don't take it so personally. This is an anonymous forum. Nobody even knows who you are. Maybe they had a bad day at Nuance. Lots of those around. You had a good thread here with a lot of hits. Who cares if someone doesn't like whatever about it? No skin off your back. I hope you got the information you need. Don't worry about the rest. Remember, you can't please everyone all the time so there's absolutly no point in even trying.

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