 My employer doesn't withhold taxes, how do I know how much to save for taxes? |
| I'm considering a contract job that has a W-9 form that I sign. How do I know how much to save to pay taxes? I'm married, filing jointly.... |
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 Whats the difference btwn 1 and 0 on a W-4? |
For example: If you put 1, you get more money taken out each paycheck and less of a tax refund and if you put 0 you get less taken out each paycheck and more of a tax refund.
Is that right,... |
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 I haven't recieved my stimulus check. Should I worry? |
| I heard the last day they irs sent them out was June 2 and I was told I was eligible for it but I havent recieved ... |
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 We are having a debate at work and i think it is smarter to file "0" on your taxes if you are single. |
| I was always told that if you file zero on you taxes, that means that you are claiming "zero" and that they will take the most amount out of your paycheck so you most likely will not have ... |
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 I am a part time nanny, If my employers don't claim my income on their taxes do i have to file my own? |
| My employers are paying my in cash and not claiming me as an employee on their taxes, so do I still have to claim this income on my taxes? I work another job in a restaurant and obviously file those ... |
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 Can we get tax credits we earn £22,500 per yr with 3 children? |
| if i move in with my partner will i still get my tax credits i earn £7000 per yr he earns £15,500 i also have 3 dependant ... |
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 I have a tax question involving independent contract work.? |
| my boyfriend works for fedex for his dad, and he owes alot of money on his taxes because when he started he though the taxes were taken out. But come to find out he owes like $8000 for the past 2 ... |
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 Do you need a SSN to get a tax preparer license? |
| If you wanted to get a tax preparer license, do you need to have a social security number?... |
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 Do I get a refund of social security and medicare taxes paid? |
Are Social Sec and Medicare taxes refundable if income falls under certain condition?
Thanks.... |
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 I did not file my taxes for 2005, what will happen.? |
| I was on deployment all through tax filing season of 2005 and totally forgot to file my taxes. I usually get about 400 to 500 dollars back every year so its not like I owed any money to the IRS. J... |
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 Should all British subjects pay tax.? |
| If one is British and live abroad, one can connive not to pay UK income tax. However, Americans must pay tax wherever they may live or risk not being let back into the homeland.... |
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 I haven't receieved my w2 form to file my taxes!! What do I do??? |
I can't get my employee to send it again because I cannot contact them...Is there an way I can do my taxes without the w2 form???
Additional Details
Is it true that I can still do ... |
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 Is there a sum to work out how to take of VAT? |
| My dad has asked me to post this question. He said that there is a simple sum to work out how to take of VAT, but I haven't got a clue! Can anyone help?... |
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 How Can I Get my PAN Card Number? |
AKAM SURENDRA VENKATAPPA
Letter not received due to Nonavailability at H... |
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 A question on council tax needs an answer please help? |
| just been told that my single parent discount is going to stop because i have an 18 year old full time student who still lives at home with me and his 2 younger brothers aged 13 and 5. i thought i�... |
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 I am... so lost (tax related)? |
I'm 21. I've never had a job ('til last year) that paid enough to make me file taxes...
...Then I got married in late 2005, me and the husband did it together last year but I... |
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rogersjwr | Can I claim head of household on my taxes? |
Currently I'm not married and have no children. I dont claim myself during the year. So how do I claim myself at the end of the year?
This government is screwed up. I know people in same situation I'm in and they get almost every penny back. I just dont understand. |
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Russ B
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The Simple answer is no...you can not claim head of household.
I don't see any reason to try and explain it...with the attitude you showed. |
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Barbara F
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No you can't claim head of household. You can only claim single. You claim yourself at the end of the year by putting a number one in the exemptions box. You should get a little back if you had enough taken out in the first place. And if you didn't, have your employer take out an additional 10 dollars a week for federal withholding. And next year you should be ok. I wish you luck. No head of household until you have a child or become married. |
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ninasgramma
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You have zero allowances on your W-4, which means the maximum is taken out for taxes. However, you still claim your own exemption on your tax return. This reduces your taxable income by $3,400.
Your filing status is single. This reduces your taxable income by $5,350. So in total you do not pay income taxes on $8,750.
You will pay income taxes over that amount of earnings.
You may benefit from speaking to a person who can help you with tax planning. There are some things you can do to reduce your taxes owed, such as saving for retirement or health care, buying a home, and certain types of investments. |
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bostonianinmo
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No. Your filing status is Single. Period!
Your tax refund is the same as getting change at Wally World. You buy $30 worth of stuff and give the cashier a $50. He hands you back $20. Any "refund" is just getting your change back. Only with the IRS you wait up to 16 months for your change.
If you're not getting much back, you've actually done the RIGHT thing by not overpaying your taxes and giving the government an interest free loan. The idiots who get back $5,000 actually loaned the government $100 a week that they could have had in their pocket if they had any brains at all. Don't envy them, feel sorry for them. |
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MukatA
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You will file as Single. You are not Head of Household as you don't provide house for a dependent.
If you are not dependent yourself, then you will get standard deduction of $5,350 and exemption of $3,400. |
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Judy1
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No you can't claim head of household - for that you have to have a closely related person living with you that you are supporting, like your child, and you don't.
If your friends are in the same situation that you are except they have children, then they might well get almost everything back - there are major tax benefits for kids, especially if your income isn't high. Or if they are over 25 and you aren't, that could make a difference too. Otherwise if they are making over $8750 for the year, they are paying taxes - if they say they aren't, they're not telling you the truth.
At the end of the year, you'll check the box for yourself and take your own exemption, unless your parents or someone else can claim you as a dependent. If nobody can claim you, and you are showing 0 allowances on your W-4 form, you should be getting a refund unless you make so little that nothing is taken out.
If you'll post again showing your gross income for the year and how much if anything was withheld for federal income tax, your age and whether anyone else can claim you, somebody can give you an idea what you should be getting back - without that info, nobody can. |
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Michelle B
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no, you can't. One time I forgot to put my son's ssn on my taxes, so the IRS refigured them without him and without head of household...yikes! I learned my lesson from that.
What you claim during the year doesn't matter when it comes to what you claim at the end of the year. You will claim yourself at the end of the year, unless your parents claim you. |
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mkst
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use the work sheet they walk you throught it |
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