Are we really not required to pay our income tax? |
Ive seen numerous things about there be NO law to make us pay or file an income tax. How accurate is this? I shouldnt wouldnt mind keeping my money. Additional Details Umm actually if ... |
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Do I need an accountant? |
I am a sole trader, but mainly need someone to help me sort out budgeting and paying back debts.
End of year accounts I can do myself-particuarly with online self assesment.
Am I wasting ... |
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What states have no taxes? |
| like what states have no state taxes? are there any?... |
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If you owe money to the IRS, will they take your stimulus money to be repaid? |
| One of my co-workers said that the IRS told her daughter that they will be taking her stimulus money, due to the fact that she owes back taxes. I thought the money is ti stimulate they economy, not ... |
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Do you pay more tax on a 2nd job? or is the same 20% on both? |
| I have 1 job of 32 hours and a 2nd job of 14 hours,I know about the personal tax allowence but do i pay a higher rate on the 2nd job or still 20%?... |
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Can an employer deduct 1/2 hour lunch break from my pay, if i am part time and only working 50 hours a week? |
| I live in IL and my schedule just changed to 50 hours a week, so I'm not sure if this is fair. Plus because of the Labor Day Weekend I only worked for 45 hours, and I didn't really take a ... |
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P60 tax rebate? |
i got my P60 today earnings £19.759, and payed £2928.78p tax, tax code 522L how can i tell if i can get a rebate ? or if anyone knows anything about tax could you let me know cheers? A... |
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Earned income credit--age requirement? |
My daughter is not married and is 24 yrs old..she has a daughter 7 yrs old....the IRS rules state she has to be 25 yrs old.
Now.....she will be 25 April 12th...the rules do not say anything ... |
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What are the tax advantages of owning a home? |
Will my wife and i receive more money as we bought a house this year. Additional Details We paid over 10K in mortgage interest and 4K in property takes.... |
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How long should i have to wait? |
| i have just switched jobs and am being emergency taxed how long should it take until they have sorted my tax code? i dont know if my old employers have passed my p45 on to my new employers or if iam ... |
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Falsely Claimed Dependent? |
| I made $12,000 in the past year and am a full-time student. I don't live with my father and he maybe provided me with $1,000 worth of support in the past year, yet he claims me as dependent. I ... |
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If my dad gave me ...? |
$50k,when he sold his house, do I need to pay taxes on this or is that totally his responsibility when he sold the house? Additional Details We are not avoiding taxes, I just want to ... |
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Can you file taxes seperately when married, even if you have a child together? |
Me and my fiance' are planning on getting married this Oct.We already have a 2 yr old son.
I recently was approved for the best financial aid offer ever. will my fafsa be based on his taxes ... |
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Is there really any FREE way to file your taxes? |
| Lots of websites and commercials claim to file them for free, but there's always a catch. Is there really a free way? Just wondering...... |
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I havent done my 2006 Taxes yet... what should i do? |
I havent done my 2006 Taxes yet... what should i do? Additional Details I probably owe taxes for 2006.... i was wondering wether it would be wise do hire a tax pro or just do them myself ... |
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Im In a Tax Conflict what to do? |
| ok so i got my w-2 from my ex employer and well the wages that are on dont match with my last check stub. According to my last stub, wages reported on my w-2 are missing like $7,000 is it cuz i have ... |
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Aundie J | Do I have to claim my daughter's earnings if she files herself, and I claim her as a dependent? Since she is |
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Always Right
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No. You're not allowed to claim her earnings. They're hers, not yours. |
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angella t
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no you don't |
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zyberianwarrior
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then again (and once AGAIN) it depends on how much the kid made. If under $5,130 (and more than likely she did make under this) the kid does NOT need to file. |
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Laura J
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In the United States, not unless you are a home based business owner and you are claiming what you paid her as a tax write off.
Otherwise, no... She needs to file separately. |
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MousePotato
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If your daughter is under 19 years of age as of 12/31/2006, then you may be able to claim her as a dependent. You cannot claim her earnings if she worked for them. If they are investment earnings, then you may be able to report the earnings on your return.
I think you are thinking of the Kiddie Tax. This applies only to interest and dividends on investments for the kid. See Pub 17, Chapter 31. You would check there to see if it applies and file form 8614. |
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Judy1
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No, if you can claim her as an exemption, you'll just claim your earnings and she'll claim hers on her own return. You'll get the exemption for her, but she'll get her own standard deduction. There's a place on her return where she'll show she's a dependent. |
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ButtUglyJeff
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She needs to take 0 deductions for members of household for her earnings, so you can claim her. But you can't count her earnings as yours........... |
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zack k
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do not know!!!!!!!!!!!!!!!! |
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