 Anyone else's TAX REBATE check late? |
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If I win $1 million on some ... |
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| I looked at the schedule for people with direct deposit, and based on my SSN#, I should have gotten it on the 2nd of May, but I still haven't gotten anything. I tried the IRS website "Where&... |
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| Because myself or my children will have to pay this back with interest at some point (it increases our national debt by $250 billion), I would like to return my tax rebate check instead of spending ... |
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 How can i avoid being taxed so much.? |
| i have been working contract at same location same employer for over two years. i used to claim tax exclusion from expenses for accomodation travel etc but after two years i cannot claim anymore. is ... |
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 Where do I go to prove that I have not worked in 5 years? |
| I have Cerebral Palsy and live with my mother. No I do not get benefits. They give you such a hard time I said forget it and now I want to PROVE that I have NOT worked. Social Security said go to ... |
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 Do you think Gordon Brown's proposed 2p increase in petrol duty next month is justified? |
| In the UK, we already pay more for petrol and household fuel than anywhere else in the world. As it is, tax accounts for almost half the cost of a litre of petrol. Currently America is selling it'... |
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I know some states don't have state income tax, but do these states' residents still have to file a state return? Thanks!
Additional Details
Know where I can see the list of ... |
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 My wife just gave birth. Can I file a dependent for my 2007 tax return? |
My wife just gave birth. Can I file my new baby as a dependent for my 2007 tax return?
Additional Details
I am using a Turbo Tax and it let me add a dependent for 2008. So, I'm ... |
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 Is is standard for a tax preparer to charge $400 to get your taxes done? |
| I had my taxes prepared by H&R block, and next to my refund amount it list $400 for H&R block fees in parenthesis. We used the following forms: 1040, 1040 schedule A (itemized deductions), 1... |
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 Can spouse be claimed as a dependant? |
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 How much council tax do we have to pay??? |
| In uk...how much ...or...how much % council tax do we have to pay to the government???... |
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 IRS Letters...could this be a trick? |
| So I was sitting in the living room when the phone rings, I didn't answer it because it was the number of an Antiques shop called Manzo Antiques. Well this guy leaves a message saying his name ... |
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Samantha J | Can i file for taxes if i work "Off the books" " Under the table"? |
Im 21 years old and i have a 1 year old baby, This year i work "off the books" As a cashier at a local Supermarket, I also went to school Full time, Can i file for taxes this year, I made a total of $13,282 So far and i have paid for daycare ($2,300) so far, What can i do, should i request a letter or something, Help! |
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exirsman
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Yes, you need to file. However, you may have to fill out an SS-8 to get IRS determination of your employment status. This may result in your employer getting very upset. If IRS determines you are an employee then your OK. If you file as self-employed, you would owe social security.
Based on $13K and a child, if Head of Household, you would get a very large refund (Earned Income Credit) of a few grand if determined to be an employee.. |
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Judy1
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You not only can, but legally you are required to. You don't need any paperwork, you just show your earnings on a schedule C-EZ and use a schedule SE to calculate your self employment tax for social security and medicare. The numbers from the bottom of those two schedules transfer to a form 1040, not 1040A or EZ, to calculate your total tax. With the numbers you show in your question, you won't owe any federal income tax, and your self employment tax will be more than wiped out by an Earned Income Credit. You won't get any tax break for the daycare costs - that can only reduce your income tax, and yours will already be zero so there is nothing to reduce.
You do realize that by working "off the books" you aren't covered for workers comp it you get hurt on the job, or for unemployment comp if you get laid off? You'd be wise to find a different job that pays you legally. |
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v b
 |
Let's see. $13282 so far for 2008.
1. You file a schedule C for the $13,282. That equates to $1876 of self-employment taxes (somebody has to pay this and if your employer won't pay their half, you get to). You can't not file this or you would be an income tax cheat too.
2. Assuming you claim your daughter, your income tax would be probably around $0, even with tax, the day care credit would bring it to zero. You *might* be eligible for $500 from the additional child care credit and some from EIC, but the IRS is going to want to verify that you actually worked and received that income. You won't have a W-2 or paystubs because your liar of a boss has been paying you under the table. He certainly won't sign a letter on company letter head that you worked and got paid that money--that would just guarantee that he gets audited.
If you have faithfully deposited the money into your bank account every time you got paid, you might have a prayer. |
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Clark Kent
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If you mean you do not get a W-2, then you would be considered self-employed unless you choose to challenge the company for hiring you as a contractor.
You should report your income on Schedule C and report your child care expense on Form 2441.
Get a copy of Publication 17 at www.irs.gov. You can request a copy or download it. You can also just read what you need to read while online at the irs web site.
If you go to a local CPA he can do it for you. You will probably get an earned income tax credit and a child tax credit also, so an accountant's fee might be well worth the cost. |
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Steve D
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First, you cannot claim to file as a taxi driver as mentioned above. Taxi drivers are considered independent contractors and file under different rules. You would have to file as an employee. This puts you and your employer in violation of the law. The employer should have withheld taxes, paid into the UI system for you, paid into Social Security and Medicare for you, and paid into workers comp system. Since you worked "off the books" they most likely did none of that. Next, since you worked off the books, you paid no money into the system as required. You will have to pay over 6% of your gross pay (about $800) into the Social Security/Medicare system if you file and then you will have to pay however much in taxes you would normally owe (although you might qualify for a child care tax credit).
The downside of all this, of course, is that none of this work goes toward qualifying you for social security when you turn 65. Also, if it comes to light that you have worked off the books, you could be held liable for unpaid back taxes. |
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Sharon T
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You have kept good records. Good for you! Keep any slips or copies of checks so you can prove what you earned.
When you do your return, report exactly the amount you received. Since you are working as a cashier I doubt you'll have any deductible expenses. You won't need a letter from them and I doubt they will give you one.
File Sch C-EZ and Sch SE to calculate your income tax and self-employment tax. Unless you earn over $15650 you won't owe any income tax. The SE tax will be a little over 13%.
You will get Earned Income Credit which will cover this and still give you a nice refund.
One more tip: There is a new form you can use to pay your 1/2 of the Social Sec. & Medicare taxes instead of filing Sch SE. This will save you significantly but it will point a finger to your employer. Of course, what they are doing (paying you off the books) is totally illegal so they deserve it. You can decide which way you want to file. You also have three years to change your mind and amend your return so you might want to go the SE route now and then amend after you no longer need this job.
Best of luck to you. It is so nice to find an honest taxpayer. |
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Paul B
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No one can give you advices in a public forum on taxes if you openly admit that you do not pay taxes. I would suggest that you restate the question. |
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travelguruette
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You can file your taxes and report it under line 21 as other income. You did not pay taxes so there is no refund. You would at least be clean with the IRS and you may not owe any taxes once you finished your return. |
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Liz C
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you will have to file like the cab drivers of new york Tell them how much you made but KNOW this they will tax all the money you put down that you've earned so if it was off the books tell them you made less and have proof of your child care expenses |
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sexy mama
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i have claimed taxes that way. if they want you to calculate other expenses less is better. as far as food and mileage. they will first tax your income then they will give you a credit. H&R block. |
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grneyes8621
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No, if you were paid off the books you didn't pay taxes so you won't be entitled to a refund. If you file you may get your employer and yourself in trouble, you will also have to pay taxes on what you earned. |
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Tbanks
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Before i became disabled .......i leased owned my Taxi i worked for about a month gross was $1,560.00..... total expenses was $920.. I look on irs.gov i didn't make over $400........ i only earned $360
I dont have 2 file right. ?.......will i get in trouble if i dont file? |
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