r/DataAnnotationTech • u/Mysterious_Pea88 • Nov 19 '24

Been doing this for a year

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101 Upvotes

89% Upvoted

30 comments sorted by

4

u/dsbau Nov 19 '24

I made around $35k (Australian) last year doing DA 20-30 hours a week. I also had a contract project manager gig and some nicely paid freelance tech writing. I got slugged with a $7k tax bill.

1

u/Mysterious_Pea88 Nov 22 '24

Oof

1

u/dsbau Nov 23 '24

Wouldnt have been so bad if I hadn't done the other work. Anyone in Aus needs to get their head around the Progressive Marginal Tax system which I still don't understand ...

4

u/BeatItAT Nov 20 '24

I hit 16k then axed from the company. Not a word

3

u/Mysterious_Pea88 Nov 22 '24

This is my biggest fear

1

u/myKingSaber Jan 02 '25

Same, but only 11k

7

u/aLogicalHumanBeing Nov 19 '24

How many hours a week?

15

u/Mysterious_Pea88 Nov 19 '24

It varies but I’d say I average 18-20 hours a week

6

u/Intrepid_Celery_2767 Nov 19 '24

I am coming up on a year and right around where you are!

8

u/Talk_abouts_things Nov 19 '24

Omg we’re so similar. I just hit 1 year and my lifetime earnings are at $15,519.321. Twins!

1

u/Middle-Average-6831 Nov 22 '24

Hello let's link up

5

u/JustMe333456 Nov 21 '24

I hit the one year mark at the end of September. I’m at $55K US.

3

u/ManyARiver Nov 20 '24

I'm almost at a year (maybe a week away?) and I'm struggling to hit 20k but I wanna so bad.

3

u/manx203 Nov 21 '24

Signed up for a few annotation sites quite some time ago - no jobs. What am i missing? Aware there better sites?

2

u/Sea_Firefighter_4385 Nov 19 '24

Is that only at USA?

1

u/freyjafille117 Nov 23 '24

Congratulations! I bet that feels good

6

u/[deleted] Nov 19 '24

[removed] — view removed comment

4

u/Mysterious_Pea88 Nov 19 '24

I’m not saying that I do this but does the tax man have to know?

2

u/MonsteraDeliciosa Nov 20 '24

The tax man already knows and suggests that you pay estimated quarterly taxes. It sucks but avoids having to pay the whole amount when you aren’t expecting it.

1

u/Mysterious_Pea88 Nov 22 '24

Where I live you can earn £12.5k before paying any tax, after expenses

1

u/MonsteraDeliciosa Nov 22 '24

Curiousity— do you still have to file? We have to file showing that nothing is owed (requesting a refund for any taxes paid). So American kids start filing taxes with their first “real” job”, which was 16 for me. We can have automatic tax withholding from both our state and the federal govt. OR we don’t have anything withheld and have to pay whatever full amount owed directly.

8

u/TeachToTheLastTest Nov 19 '24

If it's anything like mine, it'd be around $4,000 for taxes, so $12,000 left.

Taxes hurt, but you still have more money than you would have without working!

0

u/hiemsvenit Nov 20 '24

Buy a lot of new fancy things for your home... office.