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Re:Tax Evasion at the Top of the Income Distribution: Theory... by lostdog on Tuesday May 18, 2021 @01:17PM (#27197877)
Do be careful. If the amount is large enough, you owe estimated taxes during the year.
Re:Tax Evasion at the Top of the Income Distribution: Theory... by throwawaygh on Tuesday May 18, 2021 @01:24PM (#27197998)
NB: "large enough" here is less than what most full-time 1099 software workers will make. $8K I think? For the whole year. I remember hitting it more than once in grad school when I was doing contracting on the side.