1st Gen Lunchtable Thread - General Discussion

Anyone know how 1099 taxes work?

 

Safest thing is to Save 25% of your paycheck in a savings account, then when you pay TurboTax to do your taxes, you pay the government their federal taxes due, and you pay your state their taxes due

 

Lol it's a few jugs of coolant I have yet to recycle; coolant from the LC when I replaced the radiator. I had them outside but they just poured concrete a few days ago so I brought it inside.

By the way, I did a test run of 4 processes versus 1 large one -









It's 12 gauge so not like there would've been any real warping but I am fucking stoked at how clean and detailed everything came out.

During "long" runs the air compressor kicked on, but I watched the gauge as the torch fired and it never dropped.

Stayed up consistently. Compressor easily keeps up with the demand the plasma cutter throws at it.

 

I just didn't know if I would get a tax return of any kind. Luckily I've got money saved

 

Yes the company should have sent you a 1099 stated total wages they paid you

 

Yea I got one of those. I just dont know if after I pay my taxes or whatever, if I'll get a return or not.

 

@Kwikvette
https://www.instagram.com/p/CoPilDtSAZB/?igshid=NjcyZGVjMzk=

 

When you do your taxes, that's when you add additional income in the form of a 1099.

You weren't taxed on said income, so you'll need to pay taxes on it. If you're expecting a return from the W2 you filed, what you owe will just get deducted from it.

But like Jimmie said, the best thing to do is set aside from each pay period whatever you made on that 1099. If you accrued any costs in the making of that money, make sure you've got a papertrail so you can use them as deductions.

 

I've got a good chunk in my account that's just been sitting there since August. Want it gooooone or atleast all that's required

 

I'm still debating getting additional education in something trade related. I really like the industrial automation route, I might go do that.

 

I don't think that is ever a bad idea, it has direct, measurable benefit.

 

Find the right employer and they might pay ya to learn.

 

Ya, like @Kwikvette

 

Shit the fab shop taught me a lot.

 

I was talking about Uncle Sam

but yea

 

Coming from a programmers point of view, I’d be so tempted to throw those files in some revision control, or at least Dropbox.


I’m really impressed with how clean it came out though, that setup looks pretty fantastic.

 

I'm a newbie; it's "good enough"

Wire wheel on an angle grinder took the dross right off.

You'll notice the letters and paw prints and bones are way cleaner. That's because the large portions that got cut out had 3-4 extremely shallow cuts done to them, causing dross to build up.



My machine tool had default multiple times to 180ipm whereas this needed 92ipm to cut cleanly. Deleting the tool fixed the issue.

 

This is the only transmission tune I need

 

Oooohhhh, I dunno. The one year I filed a 1099 I didn't get a return I just had to pay my income taxes

 

Yeah you claim mileage on your truck, cloths as buisness expences, tools as buisness expences, tires


Legit anything as buisness expences

Than see a decent check back... did it once got a few hundred