 Do i still have to pay taxes? |
i have no job
i make $250-$400 a year in interest throguh CDs
do i still have to file my taxes?
would i get money back or would i owe?... |
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 Why are the British public so GUTTLESS? |
| Yes folks, thats the question, and before you all start critisising, just let me say I am a Brit also. What I am refering to is the constant bombarding of the UK public with all these damn Stealth TAX... |
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 My tax code is 522L and i dont pay tax is this right? |
| I have put this down to the fact that i have a child but im confused, if this is wrong will i receive a big tax bill?... |
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| Rebate / Stimulus Checks? |
| So I realize the site and everywhere says "you will be mailed your check based on dates that correspond with the last 2 digits of your SS#"... which is fine and all- but what about those ... |
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 My son was born dec 23 2007 the hospital failed to file for his ssn i had to file my taxes and couldnt claim? |
| him because i didnt have his number yet. can i still claim him somehow this year .......and if so how and or where can i ... |
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 If I spend $500 to raise $10,000 for a charity, is the $500 tax deductible? |
| The charity acknowledges that I raised $10K. I have receipts to show I spent, for example, money to put on a dinner where participants paid $60 a plate. All of that money was donated to the charity.... |
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 I know you can deduct medical bills from your taxes...? |
| Would it be worth it to pay off all medical bills with a credit card before Dec 31st? Would it increase my refund greatly or not enough to make it worth it?... |
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 How is the cost of living calculated in the UK? |
Hi,
I am confused, ok that's not unusual.8-))
I just heard on the news that the cost of gas has risen by 85% over the last 3 years.
So given that electricity ... |
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 My wages are never right the payroll mess it up every month? |
| i work the same hours every month but payroll always mess it ... |
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 Hi, I got my paycheck and it was $600.00 and the withholding tax was, FICA-SS $37.20, FICA-Med $8.70 and? |
Fedral W/H $39.81, State W/H $20.24, Local $9.00, doese any one knows if this is reasonable? and what each one stand for?
My employer doesnt provide Medcare so why still they are cutting FICA-M... |
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 How do I get my mom to stop claiming me on her taxes? |
(I had to ask this again because I keep leaving info out)
I am 20 years old, I have my own apartment I pay all the bills there, (I do go to her house sometimes for a few weeks), I have my ... |
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 Can I legally claim that I earn 1/3rd less than my original amount before deductions? |
| If I earn a certain amount of money and have a third of it taken out before taxes for health care, dental, vision, 401K, and a few other things, is my annual income the original amount or the amount ... |
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 I am having my taxes done by an acct. this year. I was told that forms that are used to file this way costs $? |
Is that true? My taxes are very complicted and I need help no matter what. So for instance filing jointly heard that that particular form starts out as $150.
Can anyone give me more info on ... |
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uhohwhatswrong | A morbid question: When someone dies what happens to their last paycheck? |
I'm just wondering, no one died that made me aske this.
I have a few scenerios I am curious about.
Scenerio one is...If the person recieved their check, but died before cashing it or putting it in the bank, what happens?
Scenerio two is...If the company cut the check, but the person died before receiving it.
Scenerio three is...the company did not yet do payroll and got notice of a person's death...do they still cut the check?
Oh, I just had another thought, what if they are receiving unemployment?
Okay, finally my last thought, does someone file taxes on their behalf, or does the goverment luck/lose out.
(Now cross your fingers or pray that I don't ever have to really find out the answers to these questions....but thanks in advance for the answers.) |
 |
 
Miss Know It All
 |
Well, when you fill out your employment papers you had to name a beneficiary and that is who gets your last pay check .
And a survivor will file their last tax return on their behalf, usually a spouse or a close family member.
Good Luck! |
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acmeraven
|
You really should get a life; but here goes on the checks. The persons personal representative handling the estate would deposit the check into an estate account with the court and life would go on. A tax return has to be filed by the PR for the deceased to close out their tax life, too. The government never loses out; that is a given. |
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STEVEN F
 |
All three of your scenarios are treated EXACTLY the same. The last pay check, along with anything else the person owned at the time of death is part of their 'estate'. After the executor of the estate settles any debts, whatever is left is distributed according to the terms of the will. If no will exists, the states probate laws have one for them. The executor is required to file a 'final return' with the IRS. The only effect unemployment could have is that any part of the check covering time after death would have to be returned. |
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Amy27
 |
To all of the above, any amounts owed to the deceased become property of the deceased's "estate." In the case of payroll, obviously, the paycheck should be adjusted for any portion of the pay period after the person dies. I'm not sure how a bank would handle this check made out to a dead person, likely the executor or trustee of the deceased's estate (normally someone indentified in the will) would just deposit the check into the deceased's checking account. The bank account becomes property of the estate and is disbursed according to the terms of the will or federal/state laws if the person died intestate (without a will). Part of the closing up of the estate (deceased person's property) includes filing a final tax return for the deceased. This is also normally handled by the executor or trustee of the state in a process called probate. Don't worry.....the IRS always their money and they also require an estate tax for the estate of the deceased before it is passed to heirs. |
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notei
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tell your "someone" to get Direct Deposit and get his account # and check card so when death comes you can spend it all |
|
Legal Beagle
|
This happens all the time.
As for the tax situation, the decedent (dead person) still has to pay taxes for that year (up until his death). The decedent's executor (person handling the dead person's estate) will file a tax return for him/her. If the person did not denote an executor in a will or other testementary document, then the court will appoint one. There are strict statutory guidelines for the time that all of the taxes and notice of death have to be filed with the IRS and the probate court. The timelines will vary from state to state.
As for the check situation. An employer is obligated to pay the decedent for the work that he/she performed. The employer will have to turn over all proceeds to the decedent's executor or stated beneficiary. |
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Beau R
 |
Scenario #1 & #2, The next of kin, if there is one returns the check which is then re-issued to the estate. Scenario #3, The company issues the check to the estate, of the decedent. As to any taxes due, these are paid by the executor (executrix) of the estate. As to the unemployment issue, the check is returned, and a pro-rated one is issued to the estate. |
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hushnowjustplayit
|
A person is entitled to their paycheck. Their beneficiary if listed would receive it, or their legal next of kin, or it would be mailed to their last known address.
For unemployment, they would be entitled to all or part of the week that they died depending on the day that they died.
For social security, the check for the month that they died has to be returned which is incredibly stupid, but hey, that's our government.
Yes, taxes have to be filed even when you are dead. |
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