Have a Tax Question? Ask a Tax Expert
Hi from Just Answer. I'mCustomer I will assist.
if you made money last year, you reported the income and paid income tax on it then. You can take the $5k tax free now. Just write a check.
No need for payroll.
I'll let you review, and am here for follow up.
Hi again.Customerhere. Just following up on my response.
If this answers your question without a phone call, please rate my assistance using the rating scale below. Of course, follow up is welcomed if you need anything more on the subject. Positive feedback is appreciated, so the question can be completed for our month end. I'mCustomer
I posted a phone call offer. Please confirm you did not get it, and I will resend.
It is an additional charge. But you could describe last year's income, and I can discuss your payroll question in more detail.
Please advise if you want additional help.