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 Can I get an exemption for council tax ?
Hi
I am a full time international student in Uk, I asked for getting exemption from paying council tax. I went to the city council in Glasgow and they told me I can not grant the exemption ...


 What is another name for someone who does taxes?
They like fill out your tax form for you.....what do you call that?...


 Minimum amount to have made in 2007 to file taxes?
I've heard it is about 10k or so.
True?...


 Parcelflightcourier_deliv... ve won lottery N is it true we can claim or these r fraud?
The process for claiming your winnings has been made very simple so that by the end of one week at most, you are assured of having received your cash prize and all the legal documents backing your ...


 How much does it cost to get someone to manage your tax and investments?
...


 Income tax question, help ?
okay so i'm 18. out of school, over the summer i worked at wendys to make a lil bit of money. i worked there for a lil over a month, because i got a better job offereing, and so i took it anyway....


 Which of the 50 United States does not have a sales tax?
...


 Taxes...Does anyone know how I might be able to get info regarding my ex's tax refund?
what is the absolute latest taxes can be filed with extentions? I am asking this because my ex owes me A LOT of childsupport and his check was supposed to intercepted yet I havent received anything......


 Mortgage tax break?
Is it really a smart thing to not pay off the mortgage because you get to deduct the interest on it? I dont see what the point of paying out extra money to the bank just to not pay some taxes to the ...


 I have been overpaid £13000 gross over the past 2 years.?
I was payed fulltime when i work part time. My employer said i can pay it back in installements. because i was given the gross amount and not the net amount, what the best way t o pay it back? over 2 ...


 How can one legally avoid estate tax? What would I have to do so my heirs don't pay estate tax?
...


 I have been apllied for a pan card before 7months back but i didn't recived my pancard upto now also .?
can i know when can i get my pan card.what i have to do.this is my pan card application number 017652308....


 Has anybody else heard about the new tax thing that might like eliminate the IRS?
Because I saw something about it on the news about a week or so ago but I haven't heard about it since....


 Do i NEED to file this w-2?
i made under 8,000 for the whole year and im a dependent of my mom...i filed two w-2's already...one for 5k and the other for 2k..i just receuved a w-2 from a job that i forgot about that i only ...


 How can i check if my tax return check has been mailed yet?
...


 Is this fair if a couple with a child makes 19,000 a year they are eligible for...?
Food stamp medicate section 8
Food stamp=3500 a year
Medicate=3500 (what other insurances charge)
Section 8=10,000
and if the same couple would make 36,000 a year they wouldn'...


 Tax Time! I didn't file last year and I want to file for last year and this year at the same time. Can I?
I didn't file my federal income taxes last year and I owed about $300. This year, I plan on filing (it's not too late!) and this time Uncle Sam owes me over $400. Can I just file both at ...


 Newly self employed?
I am due to register for self-employment next month. I am currently purchasing tools in preparation for this.

Can I save my receipts to claim the VAT, even though I am not registered yet?...


 I heard on CNN today (4/13) that fed taxes are due on the 16th for SOME states...isn't that wrong?
I thought I heard recently that all states have until the 17th.
Yes I have been putting this off :)...


 If child support is owed can your federal taxes be witheld?
...



kristianleigh916
Do I get state and federal taxes back in my tax returns if I claim 0?
                     
 




batwanda
Rating
Did you pay taxes?


Mahal
You've got a Senior Controller telling you not to claim "zero" on your W-4. What do you think about that?

Here's the rub:

When you claim "single" and "zero", you're telling your employer to deduct the maximum allowed from your paycheck. The only way to NOT get a refund in this situation, really, is for you to be receiving income from another source that isn't being taxed, especially from a business. If this is your only source, you'll get a refund from both federal and state if you work enough to have some taken out.

What the Alien Accountant is trying to do, though, is discipline you. He thinks that you can take the money out on your own and open up an account and (on your own) faithfully put money into that account and never touch it.

Do you think it will work?

He's right, you'll enjoy the interest instead of letting the government have it tax free. And if you're like most of us schmucks, that will amount to somewhere around $40 per year for every $1000 you're able to squirrel away.

(That's at 4%, a generous money market or CD.)

What happens if you get tempted and spend it? Not only do you lose your interest, you lose your savings, too.

So it really comes down to your own judgment of how disciplined you are. If you don't know, here's another suggestion:

Have the bank do it for you. Ask for a money market account that you can make regular deposits into. If they offer you anything less than 2%, laugh at them and go to a credit union. Just ask them to set up an automatic withdrawal for you into an account that you can't access from an ATM. That way, if you don't touch it, you might forget that it's happening.

Otherwise, using Uncle Sam's 0% savings plan is not a bad deal. At least you're saving.


bostonianinmo
Maybe.

If you have only one job and it's your only source of income you'll almost always get something back by claiming 0 on your W4.

If you have several part time jobs, it's entirely possible to claim 0 on each of them and still have a HUGE tax bill at the end of the year.

There are 2 worksheets on Form W4 that you should complete if you have itemized deductions, multiple jobs, or other sources of significant income. These will help you in figuring out the correct way to fill out Form W4 for any and all jobs.


vegas_iwish
claiming 0 is for W-4 & leads to higher witholding. Means you get a larger refund (normally) at YE which is bad. Interest free loan to govt. Amount of total tax you pay for yr does not change just when you pay it.


kattsmeow
Claiming -0- on your exceptions for payroll means that they will withhold the max imam amount of Federal and State income tax. Whether you get a refund or not depends on many variables, such as ;
whether you have other income such as interest and dividends
depends on the amount of income you have
Whether you owe money for child support or a student loan that is overdue


mykidsmom
Rating
You didn't give us much to go on. I'm assuming you have income because you claimed 0 dependents. But we don't know if you are married or if you have additional dependents (children), are you married?? A little more information would be appreciated.


Mark S
for any details regarding federal & state taxes go for this website address u will get information and also u can file the taxes from this site. this will also provide u tax deductions . try this out all the best.


Tramp
Claiming zero deductions from your paycheck is the ABSOLUTE BEST way to make sure that you are going to get a refund.

However you would be better off, financially speaking since the IRS and State Tax Boards do not pay interest on taxes withheld, if you determined what deduction level would bring you closest to breaking even and putting the difference in to a savings account.

After about a year or so you would probably have enough saved up, depending on your income level, to invest in to a Certificate of Deposit.

You can determine what deduction level would bring you closer to breaking even on your tax returns by checking out tax levels at www.irs.gov and your State's Tax Board's website will have tax schedules for your local taxes as well.

Good Luck!
D.L. Shields
Sr. Controller
Alien Accounting Services


janet
i marked married but tax at single higher rate & 0 deductions & they have me now as single. i'm wondering if there is much difference if i marked married & 0 deductions--would i receive much more back or hardly any difference?


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