 Tax returns!? |
| am an international student working on campus. my income last year was 4000 dollars that went to my fee which is like 6000 dollars! federal tax was 22 dollars and state around 10 dollars. how much am ... |
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 Can I claim all of these people on my taxes and if so what will happen? |
| My fiance and I live together with our 3 children-one his, one mine and one ours. His brother also lives with us. I am the sole supporter of the family, except my fiance worked about a month, cut ... |
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 I filed a claim with the IRS in March bec my ex claimed one of my children on her income tax unlawfully.? |
| I know that the "question" above wasnt really a question, but, I was just wondering if anyone knew when I would hear back from the IRS or what would happen? I had custody of them for more ... |
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 Back taxes owed to a state I haven't lived in for years? |
| A state I used to live in finally noticed I haven't been paying taxes for the last ten years. Now they want back taxes, interest and penalties for the past seven years. They do not accept a ... |
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 What is best to do with my unpaid tax bill of forty thousand pounds? |
| i left the uk about three years ago leaving unpaid taxes, i would now like to return to work in the uk. Should i try and sort this out before returning or on returning to the uk and where would i ... |
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 How can I stop Midland Credit from garnishing my paycheck? |
they have already gotten over a thousnd dollars from me in garnishments I want to stop them from doing this because this an account that i believe is over seven years old
Additional Details<... |
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 Is this turbo tax online really free?? |
here is the link......it is the first one on the left...is it really free??
http://turbotax.intuit.c... |
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 Can my boyfriend claim my son on his taxes? |
| I have been filing 'head of household' for the past 3 yrs., now if i let him do this- for the sake of us getting more money from the IRS(he makes more than me) Does this mean I don't ... |
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 My ex boyfriend and the father of my three children claimed my kids on his tax return illegally, help!? |
| I live in South Dakota, and have three children. Their father and I never did get married, but he signed affidavits in the hospital. He has since moved out last May, and I filed for child support ... |
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 Has anyone received an update on taxes? |
| my refund was delayed on 1/25, then change to 2/19, then was suppose to be deposit 2/8, then received an code 1221 and now change to 1121. Does anyone else have this code 1121 and what does it mean? L... |
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 If you owe the IRS 20k will they investigate if you pay them in cash? |
| If you have not payed taxes in 5 years and owe 20k to the IRS and you walked with 20k in cash. Will they accept the payment with no questions ask or will they investigate where the money came from. I... |
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 I heard somewhere that child care expenses can be claimed when I file my taxes? |
What are the limits to this? How much can be claimed and deducted? Any further info and insights into this?
Additional Details
Just so you all know, yes I already do claim the child ... |
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 U.S. Tax "rebate"? |
| I heard that we are supposed to be getting between 600 and 1200 dollar tax credit sometime this year. Also heard if you have a child/children it could be more? Would someone please enlighten me on ... |
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J-MACK | Do I have to pay tax on sales from a website? |
Im looking into making a website that will take in less than $10,000 a year in sales. Do I have to pay tax on the items I sell? and if so how much and how to I register? |
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Prophet 1102
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It's a business, if you have income, then you have to pay tax.
Doesn't matter that it's an online business. |
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muncie birder
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not if they are out of state sales. That is sales tax. You will have to pay income tax on your profits. But you will have a lot of business deductions to reduce your income. Also FICA which is worse than income tax. |
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Doctor Deth
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you don't pay sales tax, you collect it from the people buying from you and you should only have to worry about buyers who live in your state - out of state shipments are usually sales tax free - find your state's sales tax /dept of revenue website |
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ToYsTeMpTer
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you'll have to pay taxes on money you earn from the stuff you sell
self employment tax
keep a register this (if your doing it this year) of all your costs... i.e.
inventory
advertisement
internet
phone
shipping
basically anything you come out of pocket to make your business run..
keep good records of your expenses AND profit |
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rooster
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All income is taxable. How much depends on your net income which is basically your sales minus your expenses. Your tax rate will also be a factor in how much tax you pay. As someone else said earlier you will have to pay the self employment tax which is similar to FICA if you have a net income greater than $400. |
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financing_loans
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If you have a business like the first poster said that makes money you have to pay tax...
One thing you will want to look at is where you are saleing it to. For example I live in Utah if I sale it to somebody in Utah I have to charge sales tax. If I sale it to somebody in Nevada I dont have to charge sales tax.
Your question is more complicated that you make it sound.
Good Luck |
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JoAnn N
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Yes, you have to pay income tax. You can get your DBA (Doing Business As) from your county clerks office. If you go into Google and type in DBA and your State it will come up with the office's you need. Then when you file your personal taxes you can file all at once. Your DBA will be under your SS#. Keep track of expense's and income for your taxes.
Hope this helps. Good Luck! |
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quantumrift
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You will be subject to paying sales tax on in-state sales as a business. OUT OF STATE customers won't have to pay your local sales taxes.
Note: YOU will only be passing along the sales taxes that you charge customers. You'll need a business license as well to keep it all legal.
You will also be subject to paying federal taxes as well as you will be earning income. The IRS can fill you in on those details.
Or you can not keep it legal and a perturbed customer or friend can rat you out. |
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ponek99
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if you make money you pay the $$$$$$ |
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