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 If my parent gives me a cash gift of under $10,000 in a year, do I need to report it on my taxes? If yes how?
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 When married filing jointly, are both signatures required?
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 Do UK University students have to pay tax on their earnings if they only work part time during term holidays?
Or is it just based on how much you earn in a year?...


 If you owe on taxes, is it all due on April 15th or can you do payments or postpone?

Additional Details
Extension is "to file", but "payment" is due I heard....


 I called our post office about stimulus check!!!!?
and they stated that they had seen quite a few in the mail already so has anyone recieved there check?...


 I claimed kids on taxes..got earned income credit,can ex xlaim for child tax credit??
I got a call today, he was filing his taxes and asked if I claimed,well yeah,they live with me...well he put H&R block preparer on, she asked did you get child tax credit, well I didnt make enuf. ...


 My wife doesnt have a social security number as she is new to the US. How do I file as jointly-married?
Looks like the tax forms has a mandatory field for spouse's social security number, but she doesnt have one yet.. I support her financially, but how do i file?...


 I need to file my 2005 tax return where can i get the forms?
are there options for filing last years taxes online? or is there a web sight containing printable forms?...


 Approx paycheck amount??
If i get cash money around 350$ per week ..how much gonna be my paycheck for a week ??.i reside in DC
Additional Details
350$ cash per week.. but bfore taxes how much gonna be ..this is ...


 Do you think the tax rebate checks will do any good??
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 Is sale tax on a new car deductible on federal income taxes?
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 The sales tax rate in illinois is 6.25% how much tax is charged on a purchase of 5 blenders at $50 apiece? wha
WHAT IS THE TOTAL PRICE...


 Saving account interest received is tax free or not.?
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 My daughter, who is 16 years old and goes to high school worked part time does she need to file a tax return?
Does anyone know how much a student can earn before a 1040 needs to be filled out?/ ...


 Sales Tax?
I live in Delaware which does not have sales tax and whenever I visit another state it annoys me a lot when i go to McDonald's and i have $5.00 ready and then i remember sales tax which makes it ...


 I am single and don't work my boyfriend supports me and my children can he claim us on his taxes?
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 I babysit and do housekeeping about $700. a month how do I file income tax?
I know I need to file but none of the forms fit what I do , I have no expenses and I would like to keep up my ss and ...


 Wats ful form of ATM?
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 Can I claim my boyfriend's son on taxes even though we aren't married?
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 I need a loan amount of Rs-3lakhs for my studies(masters) . which banks offer such loans in india ?
i have a house which is worth 6 lakhs but its unregisterd its onb form.my father is a govt emp....



mishmallow8
Do I still have to pay taxes when I am unemployed?
Do I still pay an income tax?
                     
 




PepsiLime
umemployment is taxable income, and if your taxable income is more than deductions/exemptions, then you will have income tax to pay.


ninasgramma
Your employment status does not reduce your taxes. Only a reduction in taxable income will reduce your taxes.

If you collect unemployment, that is taxable income on your federal return. Add to that any other sources of income, and if the total is more than the filing requirement, you must file a return.

The filing requirement for a single person who is not a dependent is $8,750.


Judy1
Rating
If you are receiving unemployment compensation, your benefits are taxable and must be shown on your tax return if you file one. If you don't have income for the year that meets the limits to be required to file for your filing status, then you wouldn't have to file.


MukatA
Income tax is to be paid on your income for the year 2007. If you have taxable income, you pay the tax. Even unemployment compensation is taxable.

If you meet the filing requirement and don't file, you will be in trouble. Your tax liabilities will keep on multiplying because of interest and penalties.


David
Rating
your unemployment, it will be taxed maybe


Howdy Y'all
If you have no income, no. If you are collecting unemployment, it will be taxed.


stephenweinstein
Rating
If you have income from unemployment compensation, investments, or other taxable sources, yes.

If you were only unemployed part of the year and worked during another part, you still pay tax for that year.

If you have no income at all for any part of the year, no.


glaciergizzlybear
Rating
It all depends on several factors: the amount of total income which you receive including, interest, dividends, capital gains, unemployment compensation... If you are claiming yourself or someone else is, your state tax code.

Good luck,


Morgan M
You have to pay on any income reported to your ssn in the current year. If the exemption amount for your income is greater than the amount you will get a refund, if it is less they will keep the money. If you didn't already pay on that income (taken out through regular employment payroll or yourself as contract worker or self employed,or by escrow or estate officer if you sold an asset or aquired an inheritance, or an attorney or accountant if you won a prize or lottery) you will need to pay at tax time, even if you are currently unemployed. If you had no reported income during the tax year you will not have to pay.


Dan S
Rating
All money you make is taxable.


Gerald
Rating
Thank you President Regan --- he passed the unemployment tax bill -- Ya get 1099 at the end of the year...


dances with unicorns
Not really; if you have no income, what is there to tax? If you've had income this year, you will have to pay income tax on it in April 2008 (if you made enough), but if you're not working right now, presumably there's nothing to tax.


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