Ha ha ha haaaaa.
My full take on book royalties throughout 2003, after taxes (I learned yesterday), is around $7,000. That's from both books, including the one that hit the shelves that year, and which I obsessed and cried over for most of the previous year.
Ayyyyyyep. I'd say "guess what I'm never doing again" but you already knew this (as did I).
Also, am getting the crap beaten out of me by taxes this year, according to TurboTax. Welllll into four digits, beyond my withholdings; ouch. Haven't filed yet, and wondering if I can save a couple grand by not claiming to have been self-employed as a technical writer (and thus avoiding the "self-employment tax"; I didn't even notice that last year, but apparently I paid it anyway). I didn't even try to write anything in 2003, but merely collected royalties from things I wrote in 2002. (I'd still claim those; that's a completely separate tax.)
Ayyyyyyep. I'd say "guess what I'm never doing again" but you already knew this (as did I).
Also, am getting the crap beaten out of me by taxes this year, according to TurboTax. Welllll into four digits, beyond my withholdings; ouch. Haven't filed yet, and wondering if I can save a couple grand by not claiming to have been self-employed as a technical writer (and thus avoiding the "self-employment tax"; I didn't even notice that last year, but apparently I paid it anyway). I didn't even try to write anything in 2003, but merely collected royalties from things I wrote in 2002. (I'd still claim those; that's a completely separate tax.)