Why do I pay Medicare Tax when I'm not even past my probation period at my job? |
| Does everyone gets deducted no matter what their status is? (FT, PT, PD, etc)... |
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Can I use my daycare providers social to get a tax credit even though she is not licensed? |
| It is my understanding that a daycare provider must be licensed to be able to get a tax credit or use the Dependant Care benefit through work. But I hear of people using the social security number ... |
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When will i get my refund? |
| ok so i filed electronically this year on Jan 21st, the person who filed for me told me i should be getting my check deposited into my bank acct by the 1st...and I just checked the irs website and ... |
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IRS refund date change? |
| I filed my taxes using Turbo Tax on 01/17. It was accepted by the IRS on 01/18 and at the time, it said that I would get my refund buy 01/30. I ended up checking the IRS website a few days later and ... |
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Is it a rip-off to have a third party prepare my tax return? |
| I have a lot of friends who do it themselves and say it's simple. There are also people who say you get more back if you take them to a place like HR Block or a CPA. Will I be able to maximize ... |
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Can I deduct electic and phone bills? |
| I currently work part time as a medical transcriptionist at home. The only expenses I deduct at the end of the year are books and equipment, etc. and also my DSL but can I deduct part of all of my ... |
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Tax Question, 10 points for best answer!!? |
| So back in 2005 I worked at a summer job for about 2 months and earned around $1,000 point being that I was not required to file taxes that year because I earned so little that year. My question is ... |
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Is there a legal way to avoid supporting the war through taxes? |
| Is there any way to ensure that my income tax will not be used to support war? I am looking for a legal method, NOT simple refusal to pay.... |
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If someone else files your kids on the their taxes, is it illegal? |
| I mean i know two people cant file the same child but if you let some else file your child becuz they can get more money than u can, is it illegal?... |
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Can you tell me how much $154 is in uk money? |
| i have purchased something from the us for this amount but need to know how much this in gbp, thanks ... |
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Mrs.P | Do I have to claim this? |
If I did a single job for a friend in exchange for $500 this year, do I have to claim it on my taxes? Does this qualify as being "self-employed?" |
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remowlms
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Technically, yes you do have to report all income. Would I? No. |
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WG
 |
Legally ? yes, you must claim it |
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IM pregnant due in jan15,2009
 |
it has to be ova a certain amount i wouldn't worry about it |
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Judy1
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Legally, yes you have to claim it, and it's considered self-employment and subject to self-employment tax. |
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lou
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Yes thats what I called self-employed. And you should claim it on your taxes. If its gave to you in cash and the other person doesn't put down in his records, you can do what ever your contagious tells you to do. |
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nealeclark
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Just to be anal. You "declare" income, and you "claim" deductions.
To answer your question. Yes you have to declare that $500 and yes you would be self employed and file a Sch C on your 1040. |
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Mo
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If they didn't give you a 1099 form to fill out..Forget about it. |
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Ann S
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Unles you received a 1099 form from your friend there is no record of it sent to the IRS so you don't have to claim it. |
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Aruna21
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To my knowledge, you do not have to claim any earnings under $4,000 for the year. The $ amount may have changed since this was the rule back in like 2002 when I did my taxes. Check it out. I know there is a minimum amount for claims. A knowledgeable tax preparer would know. |
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Virtuosic
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Its definitly an under the table job. :) No you don't have to report it since its under the minium income needed to report. |
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