To be fair, if youβre a W-2 employee, they already have your money from withholding. So itβs not like youβre taking dollars from the irs by not filing your return, it just means you donβt get your rebate.
this post was submitted on 04 Feb 2025
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Asklemmy
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On that note... it might make sense to set a really low withholding this year.
...and the next.
Try to set it so nobody owes anybody much. If you fall too short on withholding you can end up paying interest on the difference.
And to add, you can file a year later for the rebate. I think it's four previous years? Someone correct me if I'm wrong though.
5 years.
Ty
I just sent them a fucking check. Wonder if I should stop them
Always file. If the IRS collapses you paperwork means nothing. If it survives a collapse, having not filled will bite you in the ass.
Rest assured, you will be paying taxes to somebody until the day you die.
@doomsdayrs Since Trump is trying to kill the income tax by reassigning all IRS agents to the border, my guess is that - when the U.S. government collapses under the weight of sheer stupidity - you won't have to file on time.
But after the chaos settles down, it will depend on who ends up in control.
After the chaos settles down a whole lot of people are going to be dead. Taxes are the last thing to worry about in this scenario.
Do people really think the US state and its monopoly on violence is going to collapse in the foreseeable future?
The US has been run by oligarchs since its formation as a bourgeois state after its bourgeois revolution (previously). That this is more nakedly obvious this week than last doesnβt really change that fact.
Actually yes, there are more oligarchs than the idiots in charge right now, and it's going to come to a head at some point. Each one has their feifdom and they won't go quietly.
More to the point, it's going to reach the point of mass protest again, and moron is going to call in the military. After which everything is on the table. No one in power will be safe in anything but armored transport and guarded villages, which won't last long. At that point the US and it's global hegemony will be broken. There won't be the resources to project military power beyond our borders and a few subject states, because it will cost so much to keep security at home, and productivity will tank hard.
No one can beat the US military except the US itself, and it's being forced to do just that.
The US military is shrinking and getting more inept every year with lowered physical and aptitude standards. So at least there's that.
IRS has plans listed for an apocalyptic event (basically they need to continue tax collection within 48 hours), but they do work for the government. Without the government; you wouldn't need to pay taxes; but it would be the least of your concerns.
You are assuming you will still have a job, or that US dollars will still have value.
You will end up paying the share of taxes to your state government that you currently do to the federal government. If the federal government collapses, all 50 states are now de facto independent. Those states can now start forming a new country or new collection of countries as they will.
Yes even if you are dead you have to file taxes
if you think it's all likely to fall apart soon, file asap if you're expecting to get money back, but put it off as long as possible if you're gonna have to pay them more. if the government is going down, might as well get your piece of it while you can.
And pay with what? Would the dollar still even exist?
If you are not in the club, would not recommend
Why bother? Money that's sent will go to their defense efforts against our revolutionaries so if you're on their side feel free. If not keep it and buy your own ammo for protection from invasion
If the government collapses, you're gunna have much worse things to worry about than taxes.
Just pay your 50% federal sales tax on everything
Fellas don't start getting stupid with your money because you're scared. You can't help others if you don't help yourself first. Most likely the federal government will still be collecting taxes and you will still be fucked later
It's a fine idea for a protest action however. Make a thing , get hundreds of people behind you before Going down this path. Even then probably A risky idea.
You could do the formality just in case it doesn't. I suppose you could skip paying anything you owe if they do end up collapsing.
Jokes aside, the IRS actually has contingency plans to continue collecting taxes in the event of an apocalypse, so yes probably.
I'm super excited to see it happen quickly that all the social security I paid in is going to be fucked off and maybe my fed taxes too... cause yay orange Hitler is now a dictator and no one can stop him
Im not sure what you mean by we are at this point. The government will be collapsed to that level when it lacks the beuracracy and then you would not be getting the witholding done on your paycheck because there would be no system to do so. Alternatively if the government loses the capability of enforcing it that would let you get away with it. If the withholding is going on and if your not relatively rich, then odds are doing your taxes results in a refund.
It's not that. They don't have the people to make an example