2008-2009 I worked in retail and then I went off to college. That was the last time I paid taxes. 2012 I had graduated college and started my "career" as a freelancer and I think out of nervousness of the taxes I thought I'd owe, that I didn't have (didn't plan ahead) I was to scared to file and then each year the fear got exceedingly worse. Each year between 2012 and until 2017 I've averaged an income of about $2,000-$3,000. Last year I made my first $20,000 and this year I'm on track to double it.
Where do I stand? I've read that if you're a freelancer making less than $10,000 in a given year then you're not subject to taxes, but I don't know if that's true, if I meet all the qualifications for that, or if I'm misinterpreting what I've read. I know that if I have to pay taxes on all of those years it's going to wipe out half my savings that took a damn long time and a lot of work to attain.
I don't know if I should just call up the IRS or find a tax preparer / accountant to talk to or help me. Looking to spend the least amount of money possible, but more importantly just get a handle on this fucking terrifying situation for once in my life before the government decides to freeze all my accounts and I end up homeless.
Submitted February 03, 2019 at 08:22PM by thr0waway48016 http://bit.ly/2S9xHDk