Earlier quoted context omitted.
> There is no reason in principle that they couldn't do this as soon as you fill out the paperwork, i.e. on March 1st the instant you lose your other job and become a sole proprietor with no income. But you won't really know if March is going to be income-less until it is over. On March 1st I may still be hopeful that tomorrow will be a better day. Soon it is the 31st and I realize I didn't make anything. You're stil…
> But you won't really know if March is going to be income-less until it is over. On March 1st I may still be hopeful that tomorrow will be a better day. Soon it is the 31st and I realize I didn't make anything. You're still dependent on hindsight, no? You can specify how much withholding you want. There are just penalties if you end up owing too much in the end, because otherwise people would specify none all the ti…
So, you state that in the morning - every morning – assuming you won't have an income and then when you hit it big on GME stock at lunchtime, you pay it back at 5PM? Seems like a lot of work that won't happen in practice. It is not like you can know in advance if you will have income for the day or not.