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 Ex issue and claiming a child?
So my ex and I have a child. We were never married. nor is there an agreement on who claims her when. She lives with me 12 months of the year (he takes her on weekends) and he gives $75/wk for child ...


 Husband has not filed Fed. income taxes since 2002?
He owed that year, but never filed, did not owe in 2003, did not work in 2004 (nothing to report) and did not file in 2005. I just filed his 2006 return, owing $77, and sent it in w/payment. What ...


 Income tax Not married 16yrs old with 6 month old son??
Im 16 and have a 6 month old son i want to know what do i need to claim him on my income tax? how much am i gonna get back? i want to do it wihtout the father getting invovled. please and thank you . ...


 How can i avoid paying tax on dividends?
...


 Stupid Question but : Do I get a tax dedution for any cash gifts (Family?)?
...


 How do I temporarily stop withholding from my paycheck?
I got a big refund last year and would like to have a little extra cash now. How do I temporarily stop my withholding for 2-3 pay cycles?...


 If I (a 22 yr old college student) buy a new computer, can I claim it as a tax write off in 2008?
I am currently trying to decide if I should upgrade to a new computer. If I buy this new computer and claim myself on my taxes, will it be a write-off for me since I am a college student?
A...


 Messed up taxes, should I wait for them to catch it or file amended?
We had our taxes done last week and the $$ was direct deposited into our account already. When I got home yesterday there was a w-2 in the mail from unemplyment I received for the month of January ...


 My dad wants to claim me as a dependent but he wants me to still file my own taxes? i dont understand.. will?
i still get a tax return back?.. im 23 live with him and went to school full time for four months....


 Question about my stimulus check?
Back in January I did my taxes at H&R Block. I paid my H&R Block services fees with some of my return money. I had the rest of my money deposited into my checking account. According to the ...


 Is it true that you must file income taxes for 2007 in order to get the rebate check?
...


 My wife filed her taxes as 'head of household' not putting me on the return, am i entitled to half the refund?
i didnt work in the u.s. in 2007 my wife only worked for 3 months, but with the child tax credit the amount of the tax return was $3000 +....am i entitled to half the return if i am still married to ...


 Why did I get only $300 from this stimulus package?
I'm 24
Senior year College student
Filed taxes independently--made only $9,000 in '07
I live in my parents home--don't pay rent

I thought i was supposed to ...


 My wife and i filed jointly on our taxes last year.were still married but seperated so can i file seperately??
...


 Can the IRS hold my tax return money?
My husband and I have a back tax bill from a couple of years ago. We have been paying on it. This year (since he has payroll deduction to pay the bill) we filed separately. He had to pay and I am ...


 I'm an instructor who bought classroom supplies using his own money.?
Can these expenses be deducted from my 2007 taxes?...


 If you were to put in 25 dollars into coinstar how much do you think...?
they would take away in tax or whatever ?...


 Has anyone gotten their economic stimulus payments yet?
just curious as to if anyone has actually recieved theirs yet? they were "supposed" to start sending them yesterday via direct deposit, but i dont know anyone that has gotten theirs yet?
...


 How do you win the Lottery?
Is there a strategy or is it just luck ?...


 If I were to claim a child, about how much do you think i would receive for tax refunds?
is it in the hundreds? or thousands? or nothing!?...



Tom T
Are taxes going to make me poor?
I just really learned about taxes now and I plan on making a salary in between 100k-125k. Now it says there is a 15890 dollars or something plus 28% of everything over 77000. IS that going to make me poor. Don't I have to pay other taxes too. So instead of making 125000 a year. Would I be making 90000. Thats ridiculous, im a teenager so i dont get this stuff but I really think that is not fair.
                     
 




Kiler D
Hey I used to be a tax accountant...plan on the government taking 55-65% of your wages if you are making that kind of money...its called a higher "tax bracket". For example, when I made 50,000 a year I only actually brought home just under 30,000, and that's only because I had a dependent to claim...sorry kid, that's the way it is...


Anthony
Rating
how do you plan on making 125k a year if you don't even know how taxes work and that 90,000 dollars a year isn't poor


Supercalafrgalisticexpialadocous
You're griping about 90000 clear. You should be grateful punk


snood84
Rating
You lose about 1/3 of your income to taxes. If you're self-employed it can be as much as half. Get a job. Even a part-time minimum wage job. I'll guarantee you that first paycheck will blow your mind when you see the tax portion.


mel
what's ridiculous is your statement " I plan on making a salary in between 100k-125k.":))


rotis93
Rating
Yea taxes sux, but if you are truly making that much, then you are hardly going to be poor.


Cyber_King
Kinda, but you know what, lifes unfair.
Sorry :(


justin123134
naw! taxes are gonna make the government poor! :D


golden1
You got it, sad but true. If I got to keep what I make........wow life would be grand


Jss
Yes, your earned income is subject to FICA taxes, federal income tax and state taxes.
You must file your tax return each year and pay taxes as per your tax return.

For more articles on your U.S. tax return, http://taxipay.blogspot.com/2008/04/list-of-articles.html


ccar3006
Rating
Life in this country is changing. We're all going to be poor. Get used to it.


cynic47
Paying high taxes makes you poor? Wake up! Paying high taxes means you're rich enough to be in a high tax bracket.

Surely you'd prefer that to the alternative: avoiding taxes by staying broke and homeless.


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