KangarooPissSpray
kiwifarms.net
- Joined
- Feb 24, 2019
He’s saying the 17k is after whatever E7 money so the more he has left the more his total amount owed=his income was higher.
DSP's Loan & Savings Company
- Thread starter neger psykolog
- Start date
- Joined
- Jan 17, 2017
marlintan
kiwifarms.net
- Joined
- Mar 1, 2019
Fair, but you can't assume to know the structure of the mortgage, He has had the CT condo for 10 years now, and is likely paying more principal than interest on it.
Same can be said for his WAKando, we don't know how it is structured, if there is a balloon payment, if his taxes and insurance are escrowed, I'm saying from doing ALOT of taxes this year, that to get over the standard deduction is much less common than it was even a year ago.
- Joined
- Feb 27, 2019
~17k was the original number he said prior to emerald7 and now it's conveniently ~17k? I know DSP is dumb, a liar, and bad with money, but I really don't see how he'd let himself get in the same mess like this multiple times, however I do really think he can use it as a way to bilk people. The vacation also helps in a way because he's front loading all these events essentially to say I need your support in this short window of time.
Cpt_Autismo
kiwifarms.net
- Joined
- Sep 20, 2018
I think Phill spent a lot, if not all of E7 money on stupid shit and Kate. That's why he he is begging for 17+k again. Our Renton financial expert showed his stupidity when he used the phrase "what's left of" when referring to the E7 Money. That tells me that he used the money even though he knew full well that taxes are due. He can't expect his mentally deficient fanbase to bail him out every time.
And that idiot is banking again on a new release to save his business. When did that ever work? Every time he is banking on a new release to bring in the views, the people just don't show up, perfect example is God of War.
And that idiot is banking again on a new release to save his business. When did that ever work? Every time he is banking on a new release to bring in the views, the people just don't show up, perfect example is God of War.
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- Joined
- Jan 19, 2018
So basically, without looking at the exact Twitch + Patreon numbers, Phil made between $34K to $50K from YouTube alone in 2018. . .or an average of between $2,833 to $4,167 per month from YouTube.
I'd still be interested to see the exact Twitch + Patreon numbers, but apparently between $34K to $50K per year in what Phil considers "Pissing Money" and "Basically Nothing", *BURP* 'Adpaahhkalypse dood! Nuthin I kuddo! Naht my fault! Those braindead assholes at Yootoob fucked me over by. . .'
I mean, shit, just cue up the fucking memes of Phil himself from past years talking about what a piece of shit you would have to be to be accepting donations from fans while you are making good money from YouTube, of course he actually was taking donations from fans at the time. Anyone actually giving him money should ask themselves why they are giving someone who makes up to $50K in passive income their own money, and how they feel about giving their own money to someone who as a baseline is making that much while begging for YOUR money everyday for an hour minimum.
Also, since the CPM numbers don't seem to be too anomalous, would that seem to indicate that from his Twitch + Patreon + YouTube income estimates lining up that he actually didn't receive any significant "behind the scenes" donations in 2018? Despite all the time he spent responding to every troll e-mail as if it was real and getting baited multiple times?
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KangarooPissSpray
kiwifarms.net
- Joined
- Feb 24, 2019
I believe $16k has always been his default tax begging number for some insanely autistic reason...
- Joined
- Jan 19, 2018
I assume DSP is not sweating it anymore because his Tax "Guy" explained to him he's just going to get put on a payment plan he will have 3 to 6 years to pay off, costing him less per month than he spends taking Katherine out to expensive restaurants.
- Joined
- Aug 31, 2015
I'm sure Phil's parents can break him off some skrilla when he's doing his CT begathon vacation. Phil truly is "working" to pay off his taxes 24/7 folks!
- Joined
- Jan 19, 2018
Could be, but it's basically impossible to tell for sure.
Probably approximately what he paid the last few years, assuming he was always in the $100k-150k range.
JamFlowMan
kiwifarms.net
- Joined
- Apr 3, 2017
Doubt it is a coincidence his trip is before taxes are due. Squeeze the paypigs for all they are worth then his parents make up the difference. Then he can come back and squeeze them even more because he missed 5 days of work. Actually he'll probably take off the day after they get back too.
Crunchy Smegma
kiwifarms.net
- Joined
- Sep 22, 2018
Phil certainly should be sweating it. If he no longer has a looming doomsday scenario then he'll get fewer donations and reduce his monthly income.
- Joined
- Feb 11, 2019
My Lava-Hot Take: This is all a plot to bilk his fanbase out of money... to buy all of the Wolverine figures he possibly can.
JamFlowMan
kiwifarms.net
- Joined
- Apr 3, 2017
Gotta say he actually gave a specific number which is more then he usually does. Posted this once or twice before, but since payment plan is the current scenario here is the irs webpage on payment plans.
www.irs.gov
It seems the most he would have to pay to set it up is $149, so it's b.s. if he makes a big deal about that. Especially since $200+ a month wasn't worth editing one of his milquetoast KoGaming reviews.
Online Payment Agreement Application | Internal Revenue Service
The IRS Online Payment Agreement system lets you apply and receive approval for a payment plan to pay off your balance over time.
Sparkletor
kiwifarms.net
- Joined
- Dec 15, 2017
In April of 2018 Phil complains that after paying all his 2017 taxes and back taxes "the feds" want him to pay a quarterly estimate. The number he gives for this payment is $4000.
4 quarterly payments of $4k is $16k. This is the same number Phil originally said in November for his taxes.
In December emerald7 gives thousands of dollars to Phil via subs. Phil gets this money in February.
Phil has also stated that last year he had made less from YouTube than ever before. Twitch sounds about the same amount if I am correct. If Phil probably made around the same amount or maybe less in 2018 than 2017 shouldn't the quarterly estimates be about right?
Phil's taxes should be about $16k plus the $1k he owes his tax guy. How can Phil owe $17k on top of what emerald7 gave him? That emerald7 money is gone.
Congratulations emerald7. You gave Phil thousands and thousands of dollars to pay his taxes and save his house and he spent it on who knows what.
4 quarterly payments of $4k is $16k. This is the same number Phil originally said in November for his taxes.
In December emerald7 gives thousands of dollars to Phil via subs. Phil gets this money in February.
Phil has also stated that last year he had made less from YouTube than ever before. Twitch sounds about the same amount if I am correct. If Phil probably made around the same amount or maybe less in 2018 than 2017 shouldn't the quarterly estimates be about right?
Phil's taxes should be about $16k plus the $1k he owes his tax guy. How can Phil owe $17k on top of what emerald7 gave him? That emerald7 money is gone.
Congratulations emerald7. You gave Phil thousands and thousands of dollars to pay his taxes and save his house and he spent it on who knows what.
- Joined
- Dec 15, 2018
So, apparently, the guy who knows what he's doing all the time "MISUNDERSTOOD A LOT OF THE TAX STUFF" and his situation isn't as bad as he thought.
Who to fucking guess.
Who to fucking guess.
- Joined
- Sep 29, 2018
That's why he hired a Tax Attorney, no wait a CPA, I mean a Tax Guy, to sort this shit out over a year ago. Apparently youtube/twitch taxes in the state of Washington are so hard; even a guy who does them professionally can't make sense of them.
Slander Man
kiwifarms.net
- Joined
- Sep 18, 2018
Has he said why he is going to CT at this specific date and time? Even if his parents are paying for everything (lmao) the timing of the trip is still suspect as fuck. Why take a whole week off before taxes are due when he knows he needs to make as much money as possible? Why not wait until after the taxes are due? It just gives more credence to the fact that he is going on the trip to get money from his parents.
Also, does he really think a payment plan is going to save him? He can't even put money back for his current taxes.
Speculation time. His parents are giving him the money for his taxes. He is going to tell his paypigs that he was able to pay a lot of it off but he has to go on a payment plan for the rest. Now he has no need for a reemergency every month to justify his begging, he now has "i need to pay my monthly tax payment so I dont lose my house" as a perfectly good excuse for every month this year to beg extra hard for a couple extra hundred bucks.
Also, does he really think a payment plan is going to save him? He can't even put money back for his current taxes.
Speculation time. His parents are giving him the money for his taxes. He is going to tell his paypigs that he was able to pay a lot of it off but he has to go on a payment plan for the rest. Now he has no need for a reemergency every month to justify his begging, he now has "i need to pay my monthly tax payment so I dont lose my house" as a perfectly good excuse for every month this year to beg extra hard for a couple extra hundred bucks.
- Joined
- Mar 29, 2018
Perhaps he is going with his parents to the bank to try to get a loan?
BallBuster
kiwifarms.net
- Joined
- Dec 28, 2017
Doubtful. Chances are his dad is already a name on the CT condo and possibly the wahcando, unless his dad takes out a home equity loan against his own house but he’d be boarderlining finaical ruin just to help keep his dumbass son’s head above water