 WHY does my mother have to pay tax on my late father's pension? |
| when he was alive he worked 42 years with British Gas and paid all his taxes, my mother is in fact getting taxed on money my father had already been taxed on. and why does my ex wife pay no tax on ... |
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 I cashed out on a small 401K from a diffrent employer and all I got was a check 1700.. Out of 5400 in.. Why? |
| I worked in a small company a few years ago and I had a 401K plan that I forgot about. I decided to cash out since I am well with my company that I am at now. I had 5400 in my 401K and I received a ... |
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 HELP PLEASE! WHY did my husband and I only get 600 dollars for our tax rebate/stimulus?? |
| We were both self employed in 2007 and paid several thousand in taxes. We got our rebate check yesterday FINALLY and it was only for 600 dollars for the both of us. EVERYONE else we know got 1200 per ... |
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 W2 Form handed to me? |
So, my employer just handed me my W2 form. Ive never done taxes before. What do I do with it?
Simply put, how do I file my taxes? and how does the W2 help?... |
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 How Quickly Are Stimulus Checks Coming? |
| Well, I thought we were going to get direct deposit way early since we got our refund direct deposited, BUT since we used a online tax service, we were not eligible (No one ever told us that so we ... |
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 Could the IRS tax me? |
| if i bought a ball at walmart for 1$, and then became a famous baseball player, and sold the ball to some fan for 1million? Would they tax the 1 million?... |
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 Can someone tell me if its true that if you make more money less get back in taxes? |
| Someone told my husband bout that he wasnt sure if its true or not. Because he don,t know he can find out his friend does his taxes.... |
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 Do Native Indians pay taxes? |
| Do Native Indians who live in reservation pay taxes? what about those who don't live?... |
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 Can I write these things off on my taxes? |
| I'm an independent contractor at a local gym (as a cycling instructor). I teach both freestyle classes as well as those from the company Les Mills. I purchase my own music in addition to the ... |
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 Why do Americans have to pay a federal income tax on wages? |
| There is no law that states that Americans are required to by law to pay taxes for their wages, but why do we pay them? To my understanding the income generated from paying taxes on our wages go to a ... |
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 Rs. 840000/- per annum? |
| please let me know about my tax deduction and how much i saved ... |
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 Doing taxes? |
| ive worked at a part time job during the x mas duration in 2003 and 2004, and only made about $1000-2000 during that time but didnt claim it at the end of the yr because they havent sent me a w-2 ... |
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tndelger | Can you file a tax return if you didn't have taxes taken out of your pay(like for child care)? |
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onecalmbutterfly
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when you file taxes there is a section that ask how much did you pay for extra expenses example child care, you can put it there but....you also have to pay the back taxes if you file because that will be a red flag to be audit. |
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tham153
 |
If your income exceeds the minimum required for filing, whether or not there was withholding is quite irrelevent. You MUST file. And, if you owe over another minimum, the fact you had no withholding and did not pay quarterly estimated taxes will result in a fine. My advice is to get to an accountant, or better yet a lawyer who is also an accountant very soon. |
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T H
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You are required to pay taxes on all income...whether or not taxes have been taken out.
And there are instances where you can get a refund without paying taxes....that's the Earned Income Tax Credit, which was designed to encourage people with low incomes to file their taxes. |
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Smart Kitty
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You have to file a Schedule C I believe, for self-employment |
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Boomer Wisdom
 |
The IRS makes you file taxes --- not so that you can get money back, but so you can pay if you owe them.
If you are self-employed, then your vendors will provide a 1099 form to the IRS saying how much they paid you, so that they can prove it's a cost, and they won't have to pay taxes on this amount.
The IRS collects these and compares them to what you declared as income. If you file and they're different, then you get audited. If you don't file, then they get very unhappy with you.
If you make under a certain amount, however -- like you're a kid doing babysitting -- then you need not file. It's a good idea to check out each year's tax booklets for this information cuz they change the tax code every 42.5 nano-seconds. (Keeps us off guard.)
Good luck. I pay a tax accountant big bucks every year to deal with this hassle and it's worth the money and the serenity... |
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Ms. Goose
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Yes, but you must have all your receipts |
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acmeraven
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Your question is sketchy but here goes. If you are between the ages of 25 and 65 and have no children you may be eligible for an EIC payment yourself. If you had earnings and have children you may be eligible for both EIC AND CTC refunds on your return with nothing having been withheld. If you wish to e-mail me with details I will give you exact refunds using 2005 stats. |
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HoneySuite
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If you did not have taxes withheld you first have to determine if you meet the minimum income requirements for filing. If so, you must file and may owe taxes unless you can offset your liability with exemptions.
If you don't meet the minimum income requirements for filing, then you do not have to file and cannot claim a refund since you paid nothing into the system, unless you qualify for the Earned Income Credit.
The only tax relief you are entitled to may be a real estate tax exemption for renters, if allowed by your state. |
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Gremlin
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You are not entitled to a refund if you did not have any taxes withheld. |
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