reply on: If your employer tells you they MUST withhold taxes... \ stacker news ~libertarian

0 sats \ 6 replies \ @Bitcoinity 1 Jan \ on: If your employer tells you they MUST withhold taxes... libertarian

Why would I want to do this? Stack sats for a year for the gains and sell as needed for tax season?

No. The point is that BY LAW your employer is not required to withhold any taxes from your paycheck. In fact, them saying you are required to sign a W4 (under penalty of perjury) and refusing to pay you otherwise is EXTORTION and can be prosecuted. BY LAW you are not required to file a 1040 or any other tax form EVER.

Those that know the law do not end up made an example by the IRS. People who get in trouble with the IRS typically believe that they are taxpayers, but for one reason or another, just decide not to pay.

Then there are those that know they do not meet definition of taxpayer by the IRS's own definitions NOR do they have any requirement to file any forms.

But that requires reading - and reading properly.

0 sats \ 4 replies \ @Bitcoinity 5 Jan

Ah yeah I haven't got the balls to go sovereign citizen yet

0 sats \ 3 replies \ @kytt OP 5 Jan

It is literally the law. Sorry you can't read.

0 sats \ 2 replies \ @Bitcoinity 5 Jan

You might be right but I'm not about to risk that

0 sats \ 1 reply \ @kytt OP 5 Jan

You don't have anything to do with that. Your employer does.

0 sats \ 0 replies \ @Bitcoinity 7 Jan

I was focused on this part "BY LAW you are not required to file a 1040 or any other tax form EVER"