 Do you have to pay tax on second job at the age of 16? |
| Well im 16 and i was wondering if i get another job, whether i would be taxed or not. Im in full time education if that makes any difference.... |
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 Can I add a "Paid in Full" statement to my check to the IRS? |
| I am so sick of paying off my back taxes, particularly since I know my money is helping to continue the obscene war in Iraq. [It's also frustrating what their liens are doing to my credit ... |
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| When you have a debt,do you have to report it to the IRS? |
My Friend own $1,167.00
Now she's wonders is she has to report that debt to the IRS?
Please i really wanna help her.
Thanks to all of you!
Additional Details
Ok i got ... |
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 If my parents claim me!!? |
Does it mean there taking half of my money...
i already did my income is there any way to fix it..
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i am 19 and i pay bills at home too..... |
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 W-2 Form USA? |
| when filing a W-2 form, in order to recieve more money on your check, should you claim more or less dependents?... |
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 How much will I get paid by month without tax, if my wage is 30K? |
could you give more examples with contract roles for example?
20 p/h
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I was just trying to figure out the value after tax.... |
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 Is it possible to sue the inland revenue? |
| working tax credits owe us 5000 pounds.3 times we have had letters telling us the money was being paid into bank account every time a last minute stop is put on the money.even the manager at local ... |
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 Why if there is no law stating that we have to pay income tax ......? |
| .... do some people who have gone to court over it loose their case. I believe Willie Nelson was one of them. Yet others who don't pay taxes and go to court win theirs That doesn't make ... |
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 My friend has not been able to pay her council tax bill for the last 5 years,? |
| she has had a low paid job,,,,and just couldnt pay it and live a decent life....she has just lost her job and has recieved a letter asking for the whole amount...she is unemployed now..can she get ... |
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 Can i apply 4 PAN card even though i have no income??.? |
Can i apply 4 PAN card even though i have small income??.?
anual income Rs 28050000.i.e is per month 2500... |
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 I have not filed income taxes for 5 years. But I withheld more than I owe. What to do????? |
| I did not file due to divorce and procrastination. Once I missed the first year it was harder and harder to do the next year. This year I want to catch up and get squared away. Even tho I withheld ... |
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 As a salary receiver, when I have to file income tax return? |
| I filed for the assessment year 2007 to 2008. Kindly tell me when I have to file and when is the last date?... |
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 How long does it take to get my tax refund from the government? |
| The government owes me about $400, my accountant mailed my taxes for me about a week ago, when should I expect to get the check in the mail?... |
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 Anyone else upset the IRS can be late? |
| But if you are 1 minute past the midnight deadline you are penalized heavily...maybe the IRS should pay the same penalties..not the minimum interest they do pay for being late.... |
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Manuel P | Do I have to pay taxes I get money from credit card checks? |
I cash checks from credit cards that I use and place into my free checking account. Since the money is placed into the free checking account, I do not earn any interest, but I pay interest to the credit cards for the money I borrowed. And, I use the credit card checks to pay bills. Is this money taxable? |
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Amadeus
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No this money is not taxable, this is not Earned Income.
Nor is the interest or the high fees you pay, tax deductible.
There is no tax impact to what you are doing, only huge expense. |
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~Lisa~
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thats insane |
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eric h
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No, its not income, so you don't have to declare it.
You're just borrowing money from yourself (at exceptionally high interest rates!)
You DO realize that you have to pay the money back to the credit cards PLUS interest, don't you? |
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Mintee
 |
no. only the money you are supposed to be making to pay off the credit card debt is taxable..
You right now are only robbing Peter to pay Paul as the saying goes.. It will catch up with you later when you realize soon you will owe thousands in credit card debt... Unless you are a smuck and will cop out and file bankruptcy, only to do this circle all over again in future.. |
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Jo Blo
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If you take $100. out of your shirt pocket and put it in your pants pocket,, have you made any money?? do you have more money?
The money from your credit card check is borrowed money,, not earned money. It's not like having a job,, you have borrowed the money and are required to re-pay to the credit card company.. No,, you pay no tax |
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jameslankford
 |
No, it is zero sum. Unless you make interest off the cashed checks, it is zero sum. |
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i♥sf
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Nope. But that's a damn stupid way to get money. |
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Pancho D
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yes. |
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jcurrieii
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Yes.
Any monies from any source other than yourself is classified as income.
Incidentally, since you don't pay the taxes that would be paid for you on your behalf by an employer (which is how people have tax returns), you'll have to pay through the nose for that as well.
Talk to a CPA or Tax Attorney, you MAY be able to claim the interest you have to pay.
Fun Fact: You are entitled to a Tax Return after filing your tax form if you have "loaned" the government money in the form of over-payments on the tax your employer forwards to the Tax People for you. |
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