 Does it cost more to have your taxes taken out with your mortgage? |
| When I pay my mortgage all of my state and school taxes are included in the monthly payment I make. A friend told me that you save a bunch of money if you pay the taxes separately. I think he's ... |
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 I just asked this question like a half hr ago but only got one answer....? |
| How much money do you get back per child? I heard that it's 1500 from one person and another person told me that you don't get anything. Can someone tell me please? I am not married but I ... |
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 Confused about the W-4? |
This is my first job and I have to fill out a W-4.
I'm single and 19 years old. My dad said he's still claiming me as a dependent. I think I was asked to fill out exemptions and the ... |
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 I did a small amount of computer work for someone and that totalled $650. He mailed me a 1099-MISC!!!!!? |
| Anyway the work was done between 05 and 06. It was such a small amount in 05 that I didn't even report it that year. Federal taxes were never taken out of it either. It was paid out with ... |
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 How would the irs know? |
| i know someone that is married and just did her taxes and filed head of household so she would get a bigger refund. her husband is also going to file head of household under a different address. how ... |
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 Told don't have to file. Need answers quick.? |
| I did not recieve any 1099's or W2 this year as I barely worked. A little freelance, $4000.00 approx earned. I have a bank interest statement, a house interest statement and proof of money ... |
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 Taxes refunds? |
| Hi, I have a question about taxes refunds, I'm not a resident in the USA, I live in Mexico but I usually go to Arizona to do some shopping according to the season, recently someone told me to ... |
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 What do yo have to do to have your tax refund in a week? |
| Is it true if you file electronically on a monday or tuesday you'll have your IRS refund in one week with direct deposit?... |
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 VAT question? |
| i was just looking in a catalogue and each item has the price with the vat and without out the vat, can i just ask, i know iam a bit thick but when paying vat on these items do u pay vat on each item ... |
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 Do you think that the income tax rate should gradually reduce for older people? |
I'm thinking of a 25% discount between 60 to 70, then 50% discount for over 70 etc.
Is encouraging older people to continue working this way good, if they want to work?... |
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 I didn't receive a W2 from one of my jobs last year which has cost me the 300 dollar stimulus package? |
| And since the place has changed owners 3 times since, I have not been able to track it down and receive it. The owners were very shady and they have not returned my calls pleading for a W2. I know ... |
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 Is filing taxes online idiot proof? |
| i wanted to go online and try to file this year, but i've never done it before and i'm afraid of screwing up. please help, i'm young and dumb. :)... |
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| How is it possible for you to owe the IRS money if you were unemployed during that tax year? |
| I was unemployed during the 2006 tax year. I did not file a tax return for that year. I just recieved a bill owing the IRS taxes with penalty charges. How is it even possible I would owe the IRS ... |
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 Do you have to pay council tax if you are living on your own and under 18? |
Hi
Do you have to pay council tax if you live on your own and are under 18? Or is it only single persons discount you can apply for?
T... |
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 What is income tax used to pay for(UK)? |
I understand that NI tax is used for the NHS and Welfare when u become unemployed or sick.
council tax is used for schools, home helps(this should be under NI as it is health related), refuse ... |
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Linda D | Being paid once per month versus twice? |
I've started with a new company and they pay only once per month. I just got paid for my first full month. Is it my imagination or is the total of taxes taken out more if a person gets paid only once per month? |
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Just say no!
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I believe it IS in fact more because it's a larger amount than if you are paid more frequently. |
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Judy1
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No, taxes are the same total for the year, it just looks bigger when you see 1/12 of it all at once when you are paid monthly, instead of 1/24 of the total if paid twice a month or 1/26 if paid every 2 weeks. |
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LH Catholic By Choice
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Of course there is more, your taxed on Gross income. |
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travelguruette
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It just looks like it. Have to budget better though. I like twice a month better. |
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src50
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It is your imagination. It all works out the same. |
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robert C
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look at it this way , once a month = 12 paydays per year
twice a month = 24paydays per year
every 2 weeks =26 paydays per year
now go from there and work out your taxes |
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C C
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You are always taxed on gross income. Of course is will be more...then if you over pay you will ger a refund based on your annual returns. |
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Byrne H
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Here are a few possibilities: first, calculate the actual tax rate you were paying on each paycheck (taxes divided by pay). You might find that the numbers are closer than they looked.
Your new employer may be withholding at a higher rate (I know Japanese companies often pay monthly, and they are generally more financially conservative than American companies). Alternatively, it could be a software problem -- once, my employer needed to pay two pay periods' worth of my salary in one check, but the accounting software he used calculated that I was in a higher tax bracket, and thus had to withhold more. |
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