How many strippers file income tax returns?
shadowcat
Atlanta suburb
I was talking to one the other day who had just been to see her tax preparer. She was looking foreword to a large refund like she got last year but she was informed that she owed $2,000 this year and the only way to avoid paying it was not to file. I didn't want to know about her personal finances. So I didn't ask any questions other than if she can still write off her daughter. She can't because her daughter is no longer in school.
27 comments
Maybe I should offer to barter my tax preparation services for dances/VIP, etc. a complex return could be prepared for OTC services.
I have filed tax returns for strippers, hookers, and sugarbabies and it ain't worth it to go down that road. Occasionally you will find a winner but in most cases you just filed a risky return for free.
Some dancers I have known well have asked me about their taxes. I have told them they can deduct their stripper costumes and tip outs. But I would not become involved in preparing their taxes. I don't look good in stripes.
No matter how easy it was to get a loan, lenders still required tax returns
Most of them seemed to make just enough to maximize their Earned Income Tax Credit and Child Tax Credit to get a nice little refund. Shockingly, I don't recall a single one that ever ended up owing taxes on their declared income for some reason. If I wasn't such a trusting person I would suspect they weren't honest about how much they made from dancing.
At least those are the ones who I've talked to about it. The subset of strippers I talk about taxes with is kinda small, so my perception could be totally unrepresentative of the whole.
I'm sure that it's a mixed bag for the ones without kids. I'm guessing that those with W-2 dayjobs are likely to file, but for those who are young and dance F/T I suspect that they don't feel the same pressure. A young healthy 20 something girl isn't too worried about qualifying for health insurance, especially when there are free clinics to help with female-related issues, and there are other ways to prove income for apartment rentals besides tax returns.
Anyway, I think there is a good chance strippers lives along with customers may change within a year or two. I expect paper currency to be eliminated or a good chance it is soon. Was wondering how strip clubs would work with changes. Would taxes be charged with each dance? Would clubs use club bucks as a form of pay digital cash to the club and get paper club bills to pay dancers as needed? I’m not in favor of doing away with cash. Think governments are going to do it to prevent bank runs, etc.
In conclusion, most of the people I work with pay their taxes. At the sketchy clubs I’ve worked at, I don’t think I knew a single person that did, but then they have no verifiable income. I think people should just pay their fucking taxes. We have a lot of wiggle room with what we do and what we can write off and report.