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 I read that I am required to pay tax and a 10% penalty fine to the IRS for premature 401k withdrawal.?
On what income do I have to pay tax? Only that year's (in which I withdrew) or entire period during which I kept my money in the 401 account? Also the 10% penalty is on what amount exactly?
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 When do you pay taxes on stocks?
for example, i sell a stock and make profit on it, will the taxes bededucted right away when the profit is deposited in the account or i will have to pay taxes when i cash out the money? or if not ...


 Where can I cash my Income Tax Refund check?
I have no checking account and I need to cash my income check. Where can I do that?...


 If I am reimbursed for travel expenses, do I have to report that as income?
Mileage, hotel, meal allowance....I pay out of pocket, submit an expense report, and my boss cuts me a check. Does the IRS consider that income?...


 Can i claim jobseekers allowance if i resigned due to employer saying my position no longer available?
i went for a leave from work and when i came back my employer said my position was no longer available to me. so i resigned. i heard you have to wait 3months to apply for jobseekers allowance but ...


 Did not receive a stimulus notice but irs.gov says I qualify?
Anyone else not receive the original notice that went out? When I do the calculator on the IRS website it says I qualify, so I am wondering what does it mean if you did not receive the original ...


 Company i work 4 just gone into liquidation ! how do i claim wages ? should have been paid today.?
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 IRS REFUND DELAYED DUE TO PROCESSING DELAYS?
My refund date was changed in the system from 2/3 to now 2/24. I filed for RAC through HR Block. HR Block told me yesterday that nothing in the system was worng and it appeared my funds would be ...


 This is my first year as an indpendent contractor, and my tax professional says I owe...?
I was expecting to get about 2500 back in earned income credit, but they are saying i owe 300. I only made 23,500 and I had 8000 in expenses. I didn't pay in my medicare or ss through the year, ...


 My employer took out $120 for fed taxes in 07 they didn't follow the W-4 are they liable for the tax owed ?
W-4 showed zero allowances and requested an additional $5 per pay period be taken ...


 Do you HAVE to file taxes?
I only worked for about 1 week last year. Do I HAVE to file taxes? Is there any kind of penalty for not filing?
Additional Details
Parden my ignorance, but I don't know what a ...


 Child tax credit?
if i receive £46 a week child tax credit will i receive the same for my 2nd child? also does working tax credit change with arrival of 2nd child?...


 Has anyone in the UK Successfully claimed back all their bank charges?
We just have a current account with nationwide. Everytime a direct debit comes out that wasnt expected or is just a few pence more then expected we get charged £30!!!!!! I bet we have paid hundreds ...


 I didn't fiel my taxes for 2005, is that too late to do now??
I just filed my 2006 taxes, but i remember that i forgot to file my 2005 taxes last year. Is there anything i can do about that???
Additional Details
i know that if i filed my taxes i ...


 Does anyone know how to report earnings for 1099 and... ?
and what the best way to report is? My boyfriend just got a new job, but he has is considered an independant contractor. He will be getting a 1099 form at the end of the year of his earnings. He will ...


 I already e-filed my taxes and have a new w2?
What I'm wondering is that my returns have completed processing, and I'm waiting for them to be direct deposited. I can go on turbo tax and still add another w2, so, will they hold the ...


 If I made a tax deductible donation & lost the paperwork...?
Is it still possible to claim it? I didn't since I was unable to locate the form. I could probably pull up a bank record from March of 2007 that showed that I made the donation, but I have since ...


 Tax Filing EMERGENCY!!!?
OK, so i did a CRAZY thing and claimed 10 exemptions on my taxes, know i will HAVE to pay an astronomical amount back ( i don't have kids or really anything to deduct, GULP? I ABSOLUTELY will ...


 Does anyone know if I can file my husbands w2 tax because he is in jail...?
he asked me to do it but im not sure how to and if i can...
Additional Details
and thank you everyone for your answers.....


 Rebate checks: The last time this happened, it was deducted from our tax returns. It is the same scam?
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ms.lil q
Can i do my taxes with just my ast pay stub?
                     
 




rockjock_2000
With your last pay stub of 2008 that shows all of your 2008 earnings, as long as you don't do anything to adjust your income, such as contribute to a 401(k), etc. You'd be better off to wait for your W-2, as well as any additional tax info, such as student loan interest statements and such. All tax documents must be in your hands by Jan 31.


shizzle
no - regardless of which state you live in, you need to obtain the year-end W-2 tax form in which your employer is required by law to provide to you - they are not required to provide this to you until the beginning of the following year...therefore, you may need to wait until january.


v b
No legitimate preparer will do the return except from the W-2. (They can lose their right to efile.)

Invariably the numbers are wrong, you had other income you forgot about,etc. Doing a 1040X is painful, expensive and often causes you to owe money back.


Dream Dancer
Rating
Wait for the w-2 form, which lists all applicable deductions. For example, if your medical insurance is deducted pre-tax, it won't be included in the amount reported to the IRS, not will any flex--spending accounts.


Bryan
Rating
You can get an estimate with your last pay stub. But I would wait until you get your W2's before you file


Jose V
They can do a preliminary tax test but thats about it you will eventually need the W-2


ani4ani
Rating
yes!


divalicious_cj
yep!


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