 Best site for filing online taxes? |
| I want to file state and federal taxes,I would like to use my savings account to pay for it,is that possible.... |
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 How are you going to spend your tax return? |
| For those who think are going to get money back, how are you going to spend it? I think it's time for me to buy an HDTV :)... |
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 Emerald card tax stimulus why is hr block saying it WILL go onto the card, but the IRS website says it WONT? |
| I called HR block myself, several times, and every time they say that they have specific information from the IRS that emerald card holders will recieve their tax rebate on that card, but the irs ... |
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 Is it illegal for an employer to NOT take federal tax out wages? |
If an employer doesn't take federal tax out of an employee's wages, but does take out other things such as medicare, social security, etc. is that illegal?
Why would an employer do ... |
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 Do gypsy`s have to pay tax when selling pegs and lucky stones door to door? |
| recently bought a lucky stone for £5 the agreement was i buy the stone and she wouldn't put a curse on me i agreed but wanted a receipt she said she would bring it back later should i phone the ... |
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 Does an 11 year old have to file taxes? |
| My daughter just started a paper route and will be making about $400 a month.... |
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 Can my husband claim my son who is not his own on his taxes? |
| hi, so my husband and I have been married going on two years now, i have a son who will be three and we together just had another baby now 7mo. i am currently a stay at home mom with my two children, ... |
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 Claiming a child that was born 12-7-07? |
| Can I claim my baby that was born 12-7-07 on taxes? Also where can I find information about claiming my baby that was born on 12-7-07 on taxes?... |
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 If My Mother Transfers Her $125,000 House to Me Will I Have to Pay Capital Gains Taxes When the House is Sold? |
My mother is elderly and thinking about transferring the title of her house to me.
She bought it decades ago for $25,000.
I do not live with her.
If I later sell the ... |
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 Do you find it funny that I'm scrounging your taxes? |
I'm on the dole, are you glad to give me money because I'm too lazy to get a job?
Additional Details
Nicole - I love you
Carly - you spend that much on make up? J... |
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 Do you have to claim child support payment on your taxes? |
My grandma says no and my fiance and his sister say yes.
Which is it? Do you have a website to back up your claim??
Thanks,
Belinda
Additional Details
Oh, I ... |
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 How does council tax work when students (who are exempt) live with working professionals (who arent)? |
I am a full time student, which means I am exempt from paying council tax, but I am about to rent a house with two of my friends who are both working full time.
When working out rent they ... |
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 Can my boyfriend claim my child on his taxes? |
| My boyfriend and I have lived together for 4 years. I have 3 children from a previous relationship and my boyfriend has no children. I do not receive any child support from my kids biological father. ... |
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| Maybe im naive (ok.. i am haha) but.. i have NO IDEA about taxes.. help? |
I am a single female.. and i have had two jobs this year.. one making about 38,000.. one making 45,000... I claimed 1 for my taxes.
I know.. i should have a better idea of finances but im ... |
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 Has anyone gotten there tax return back today that was done by H&R block? |
| i was just wondering because i was told i would be notified by text message and wanted to know if anyone has done this and received their return?... |
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Sathington Willoughby | Am I eligible for income tax at 15 years old? |
I'm 15, live in Texas and make $7.50 an hour. Am I eligible for income tax? I made $2000 over the summer and $300 was deducted, but I don't know I was even eligible. |
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raosunxine
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Yes. If tax money is deducted from your paycheck (assuming you are not getting paid in cash without paying taxes) in most cases you are eligible to receive all of your money back. Sometime in January you will recieve an evelope with your w-2 in it. If you are being claimed by someone as a dependant and you make under ten thousand a year you will fill out a 1040-ez tax form. You can get them from the post office, the library or from www.irs.gov. You fill in the lines with the info from your w-2. It's almost, at this point, like coloring by numbers. If you read the paper it will tell you everything you need to know. If you have questions you can call the hotline or sometimes the tax services will help you out with small questions. The site I attached can help a lot it is all about taxes for students. |
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Judy1
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You aren't required to file a return. But if they took out $300, or anything at all, for federal income tax, you can file a return and get all of it back. You won't get back the amount taken out for social security and medicare.
File a form 1040EZ - you can download it at irs.gov - and be sure to check the box on line 5 that says YOU.
Since you don't owe anything, you won't be penalized for filing late. |
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Helen, EA in PA
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If that is all your income, you will get any federal withholding tax back, but not social security or medicare.
Age really is not an issue, you can pay taxes as an infant or person that is 100 years of age or more.
Welcome to the real world. :) |
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Hank Roitman, EA
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Hi
If by "eligible for taxes" you mean that Federal icome tax has been withheld when perhaps it should not have been then it is an excellent question.
First, however, let's make sure we are talking about "income tax" withheld. For certain, you are subject to (not "eligible for", that sounds like a privelege) Social Security and Medicare taxes. On your paystub you may see those words or abbreviations for them or "OASDI" or "FICA". All of them mean the same thing. This is money that you cannot get refunded to you by filing a tax return. It is a tax that pays for old age, death and disability benefits.
The total of these should be 7.65% of your gross pay (that is before anything is deducted). I am not familiar with TX but some states also deduct a mandatory percentage for disability insureance.
Now, TX has no income tax, so that brings us to "Federal withholding tax" This, believe it or not, is NOT TAX! It is money deducted from your paycheck that goes into a government account with your name on it.
How much Fed income tax is withheld is based on how you filled out form W-4. If you wrote single aith 1 or 0 allownaces, then they are withholding Fed tax. If you wrote "exempt" on line 7 of the form, no tax will be withheld. If you expect to earn under $5400 in 2008, you will pay no tax so you can claim "exempt".
When you make a Fed. Income Tax Return (that is when you actually figure the tax) if your withheld tax exceeds your actual tax you receive the excess as a refund. If it is insufficient you have to pay the difference with your tax return.
Now If your income for 2008 (assuming no other income beside your job) is under $5400 you are not required to file a tax return. However, you may want to file a tax return in order to get a refund of excess withheld tax. Also, Be sure to talk with your parents to be sure that they are claiming your dependent exemption. If so, be sure to read the tax retun form (1040A or 1040EZ) carefully so you do not claim your own exemption. The forms will state "if someone else can claim you as a dependent...." and check or leave blank the box as appropriate.
Sorry for the long story but this is just how ridiculous the income tax law has become. So much has been put on employers that they are not in the position to help you fil out the form.
Good luck! |
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Ron Akia
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Your age makes no difference as your employer is required to withhold taxes from your paycheck.
But, on the bright side, you haven't made enough to have to pay income taxes yet. If that's your only income you'll need to file a return in order to get a refund of what has been paid.
Unfortunately, this doesn't apply for FICA (Social Security) withholdings. You won't get that back.
Have your parents help you on your return! |
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stephenweinstein
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Yes. There is no age minimum to file. The instructions actually tell parents what to do if a child is filing who is not yet old enough to be able to write, and therefore cannot sign the form.
Anyone may file. Most persons must file. For a few, it is optional. If any money was deducted for "income" tax, then either (a) you are required to file, (b) you will receive money back if you file, or (c) both.
If you had only "social security", FICA, medicare, OASDI, etc., deducted, then you will probably not get back any money. |
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David S
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Yes. If your earnings exceed the IRS's minimum income required to file, you must file. |
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Мала Принцеза
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As long as you work, you pay taxes. I know, taxation without representation... Uh! |
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absteal
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yes, you can file a tax return, and get that money back.
Once you get your W2 back you can file, I would ask your parents about it.
But you can go on line and fill out a free tax return
Also, You do Not have to fill out a tax return Unless you owe money. Just correcting the guy above
What is with all the thumbs down to correct answers.... There are some really dumb people out there if they don't know the answer to this question |
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Erica
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As long as it wasn't "under the table" and you get a W2 form than yes. |
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src50
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Yes, you should file an income tax return at the end of the year. Ask your parents for help. You might get all or most of the withheld income tax back. |
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kiera01001
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Ask you're boss,I'm sure it comes out you're wages before you get it anyway x |
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hiyalldr92
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yes, as soon as you fill out a w-4 you are eligible |
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Jenny R
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if you paid in taxes then you are elligible however it may stop your folks from claiming you but since they probably pay more than half your living expenses it should be fine.
Good for you working....more kids should be so ambitious. (a lot of adults too) |
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zanthus
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what do you mean?? Are you eligible for income tax???....You work, you PAY tax...period. Welcome to the real world.
Now, when it comes to filing your taxes, there may be the case where your personal exemptions mean you don't really OWE the money, so you will get a refund next year most likely, depending on the rules in texas. I'm sure people who only make 2000 in a year would get all of the taxes that were withheld BACK.
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AJ
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Anyone of any age earning any money is "eligible" for income tax witholding. Fill out a 1040EZ to see if you can any of it back, but probably not. |
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saskia.
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no, im sure you dont. but you need to check with your council. |
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christina c
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if you work you have to do income taxes. Sorry. that's the changing of the worled these days. i am on disability and i have to pay. |
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