From instructions for Form 1041: “The IRS can’t accept a single check (including a cashier’s check) for amounts of $100,000,000 ($100 million) or more.” Helpful hint for those of you who had a very good year last year. Or a very bad one.
@JMaxB Something like $270 million. Maybe somewhat less, as if you were paying it all at once you'd be incurring interest.
@JMaxB Intriguingly (or perhaps not), as I was finishing up some spatulas to sell at a craft market this weekend, I did some quick math and figured out that I would need to sell about 8 million spatulas this year to owe that much in taxes, which would require my carving them at a rate of over 900 an hour, ceaselessly, 24/7. I don't think I'm in any danger of having to write two checks next year.
@dwalbert I'm tempted to say that no one can earn that kind of money. But it seems there are people who have that much money in their lives.
@JMaxB Oh, I’ll say it. No one can earn that much money. You can get hold of it, or it can fall into your lap, but you can’t earn it. I’m curious whether anyone actually (a) has owed the IRS that much, and (b) has attempted to pay it by check. And then I imagine trying to pay it in sacks of pennies, but doubt there are enough pennies in existence.
@dwalbert @jmaxb Seconded, these ludicrous amounts of wealth aren’t earned.
They’re pilfered from society.
@pimoore Though I’ll pass on you main point for now I will quibble with your choice of words: I don’t believe you can pilfer that kind of dough. You have to outright steal it. 🤨
