Dsp says his tips are exempt from taxes
Reading the link could have saved you from making a useless post. Nobody cares how they do it where you live unless you live in WA. Tips are evidently tax free in WA. My question is does the money Phil collects from paypigs count as a tips as considered by the government? Just because he calls it a tip doesn't mean it is one. The DOR website states that tip jars left by a business for customers to voluntarily pay into is non-taxable. Does the state see Phil as having a virtual tip jar? Streamers always called them donations until people realized that donation can have a connotation that the amount given is tax deductible because it's going to a non-profit. I assume they also wanted their job to seem less like begging.
That will depend if the government will freeze any tax debts for the time being due to the unstable economy. Here in Germany any tax debts from former years have been put on hold for a few months for (small) business owners who are in risk of going out of business due to the lack of customers. Same goes for some specific monthly business taxes that I don't know the english wording for. At the same time, these owners can apply for government funds through the KfW bank (non-returnable one-time payments for small businesses, zero interest loans for middle class businesses). These can be applied for even if you are already in debt otherwise or have taxes due. I would imagine that the US government has something similar in action, as it wouldn't make much sense to grant struggling business owners some stimulus money, just to deprive them of the lifebuoy for the sake of the IRS.
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Dsp says his tips are exempt from taxes
Why do people keep saying shit like this?
It's a lot more likely that Kat will get a check and Phil will not. It really depends on the tax information they pull up. The idea that the senate implemented was utilizing the 2018 return because they're all complete and the information was readily accessible when the Relief Bill was proposed on the Senate floor (with the intention of getting this done QUICK). So we're talking filed in 2019 for any income earned in 2018. The tax filing date was pushed back into summer of this year so they (Senate) decided that a 2020 filing (for tax year 2019) would leave too many out. My estimate is that Darksfuhdil made too much money to make the cut (+95k) but Kat likely had little to no income that year, or at the very least did not make nearly what Gout Inc. brought in.
Yep, and that's government in a nutshell for you. People will fall through the cracks, it's inevitable, which is why Kat is likely to get a check anyways. (Since they filed separately 2018 . Nothing we can do!!!!
