Utter and absolute nonsense. Go back and re-read whatever you think you read on the IRS.GOV site. What happens if you file an income tax return that shows self-employment income and does not show quarterly estimated tax payments made sufficient to cover both your income tax and social security tax obligations, you will get a bill for late payment of taxes plus a 50% penalty. Ask me how I know... And if you still refuse to pay - they will come after you. They prefer to go after the little guy, who can't afford to hire expensive lawyers... (That part I avoided by paying up and never making that mistake again). Yes there are ways to opt out of social security - if you are enrolled in other government operated retirement schemes recognized as legitimate substitutes for Social Security. I believe there's something about railroad workers and enrolees in municipal employee type retirement plans. And there are special rules for clergy, farmers and fishermen - but not exemptions. Of course you can stop filing income tax returns - but that in itself is a federal crime. There is an awful lot of misinformation out there being put out by anti-tax activists - are you sure you didn't get on one of their websites? Israel Stein On 11:59 AM, Matthew Todd wrote: > IRS.GOV > > ***_TODD PIANO WORKS_* > Matthew Todd, Piano Technician > (979) 248-9578 > http://www.toddpianoworks.com > <http://www.toddpianoworks.com/> > > > --- On *Thu, 12/9/10, > PAULREVENKOJONES at aol.com > /<PAULREVENKOJONES at aol.com>/* wrote: > > > From: PAULREVENKOJONES at aol.com > <PAULREVENKOJONES at aol.com> > Subject: Re: [pianotech] Retirement > To: pianotech at ptg.org > Date: Thursday, December 9, 2010, > 7:25 AM > > In a message dated 12/9/2010 > 12:43:31 A.M. Central Standard > Time, toddpianoworks at att.net writes: > > I hope I didn't open up any > cans of worms. > > This does. And where on earth did > you get the idea that you can opt > out of paying SS tax? > Paul > -------------- next part -------------- An HTML attachment was scrubbed... URL: <http://ptg.org/pipermail/pianotech.php/attachments/20101209/3e1e0ba3/attachment.htm>
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