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The Starving Artist

You are a self-employed photographer and it's your first year in business. When you do your taxes, you realize you made just over the basic personal amount (minimum income) allowed before you have to pay taxes.

If you keep the calculation as is, you will have to pay some money to the government and you will not have enough money to pay your rent this month. If you remove one payment from your income, you will not have to pay any taxes this year. You will even get a small refund. What do you do?

Keep the calculation as is and pay your taxes fair and square.
Remove one of your payments and hope you don't get audited.

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