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As multiple people have explained, preparing the required paperwork each year is a major expense and hassle, even if you do not owe any tax. Also, if you are
by w0mbat 5y ago
As multiple people have explained, preparing the required paperwork each year is a major expense and hassle, even if you do not owe any tax.
Also, if you are technical enough to frequent this web site and you think $108K is a lot of money, you are being underpaid.
- AnIdiotOnTheNet 5y ago> Also, if you are technical enough to frequent this web site and you think $108K is a lot of money, you are being underpaid. Sorry, what? Exactly how much technical ability does it take to frequent a website? You have the strangest delusion I've seen on HN and that's saying something.
- Talanes 5y agoTo further illustrate that point: I'm a barista.
- tacocataco 5y agoI work food service.
- emodendroket 5y agoI just ran a search and found the median US personal income is around $35k. $108k may be low for a tech job but most people don't have high paying tech jobs.
- jrochkind1 5y agoGoogling, just the first one that comes up, suggests that median income for "software developer" in USA is $86,523. Meaning half make less, half make more. $100K is the 75th percentile, meaning 75% make less. (https://www.ziprecruiter.com/Salaries/Software-Developer-Salary https://www.ziprecruiter.com/Salaries/Software-Developer-Sal...) Some people that work in especially high-paid sub-industries have a mistaken idea of what typical "technical enough to frequent this web site" (?!) people make. And even if most software developers did make over $100K, it could still be a lot of money? The median income in USA as a whole looks to be about $52K, with $100K being about 83rd percentile (83% of USA makes less than $100K).
- AlphaSite 5y agoI don’t think that zip recruiter data is accurate, apparently the average engineer salary in Sunnyvale is 100k, where I can see new grad salaries are above 120k and do that doesn’t take into account bonuses or stocks.
- emodendroket 5y agoWe can all quibble over the exact numbers but I think the point is well taken: not only does a six-figure salary place you pretty high among American workers overall, but it also puts you in a better spot than many developers. Not everybody gets to work at prestigious tech companies
- ElFitz 5y ago> Also, if you are technical enough to frequent this web site and you think $108K is a lot of money, you are being underpaid. Most software engineers in Europe, aside from freelancers, and probably the world, don’t make anywhere near $108k.