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wanttostayhidden t1_jadx4po wrote

Not only can you be hit with penalties, the IRS can contact your employer and force them to withhold taxes for you.

https://www.irs.gov/businesses/small-businesses-self-employed/withholding-compliance-questions-and-answers

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jayseaz OP t1_jadxmmy wrote

It looks like this is not just a bad idea, it is a terrible idea. Thank you! 😂

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altmud t1_jadyjmu wrote

Yep, like most things like this, you're far from the first person to have thought of doing this. So, the IRS is prepared for this.

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Knipfty t1_jae0v2e wrote

Imagine if everyone did this? The US govt would see any revenue until Dec every year.

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