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 What exactly is a 1099 ? Important !?
I recieved a settlement through a company for wrongful termination..It was less than 20k. Will the company have to send me a 1099 with my W2 and if they do Not send it....what do I do come tax time ...


 Do all jobs have to pay you earlier at xmas?
like dec 21'st or something?
Additional Details
im asking cos my employers are bast*ds to work for and i dont think they would pay their employee's early as a good will gesture....


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We are now married and are being asked for past tax returns, only problem is we don't know if he was filed as married or single. The company claims they never kept his paperwork. If they ...


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Regarding the new Bush Tax Rebate If a filers AGI is --say for instance-- $2900 -----as I read, if you made less than $3000 you won't get anything--thats not right or fair???? Just another smack ...


 $600 Tax Rebate?
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 Someone from the IRS left a sticker on my door telling me to call?
Does anyone have any idea the reason someone from the IRS would come by my apartment? I thought that if the IRS needed to contact you they would send out mail.

This is odd to me, the ...


 How bad is it (RE: TAXES) to live in New Hampshire and work in Massachusetts?
If I were to take a job in Eastern Mass (Boston Area) but actually live in Southern New Hampshire, how bad would that screw me in taxes (income, personal, etc.) if at all? FYI - I'm married and ...


 I received a letter from the IRS asking me to file taxes for 2004 but I can't find my 1099 help!?
I can't find the 1099 I received for that year (I'm an independent contractor) how do I get the 1099 for that year so that I can file?
Additional Details
and I have no way of ...


 Is this tax fraud - revised?
I want to be considered as a co-owner with my bf's business. We have not filed any 1099's but will suffer penalties if we must. I want to claim that I paid myself a salary of 27k which is ...


 What percentage of our income tax goes to the Royal family (UK).?
Back up would be nice....


 Married filed jointly - economic stimulus payment in one check or two and based on who's SSAN?
My husband and I filed jointly on our 2007 tax return. I am wondering if we'll get one economic stimulus check for each of us- or will they be sending it lumped into one check? Also- there'...


 Do you have to claim the money you make on ebay on your taxes?
...


 I live with, and receive 100% financial support from my boyfriend. Can he claim head of household?
...


 My dad claimed me on his taxes. i made around 15000 last year. can i file and get a return?
...


 Can I get $300.00 from the IRS in may even if im 15 years old ?
...


 I need to send my taxes in where do i send them in california?
...


 I made $6000 on self imployment this year, how much is the limit to file tax for self imployment?
should i still file tax for this gross income? i worked as a contractor to make this amount? i don't have any other income beside this $6000. i would really appreciate if some one answers this ...


 If there's a law for taxes...how do you explain this?
copy and paste this link or visit http://www.freedomtofasc watch the video!

http://video.google.com/...


 What are ya gonna spend your tax rebate on?
Give me some good ...


 Can someone claim you on the tax return as their dependent without your permission?
My husband recieved this letter yesterday

We're sending you this letter because you need to make sute you are not someone's dependent.

We're asking you to do so ...



Dave T
Do do employment taxes reduce Federal income tax?
for insta

nce, let's say you earn $100 before tax wages.

$7.65 gets taken out for FICA taxes

Ignoring exemptions and other deductions, do you pay income tax on the $100 or $92.35?

Thanks!
                     
 




csucdartgirl
You pay income tax on the 100 unless you contribute to a retirment plan.


ed
Rating
I think you're speaking of SS and Medcare tax. These are not deductible, not exempt from income tax.
But, in most circumstances you do not pay tax on medical or SS when collected.
Except when one earns over the allowed limit and may be subject to tax on 80% of SS. Thanks to the Dems.


lunatic
Rating
Sorry, you pay on the full $100.


falcon
$100.00.

Isn't that sweet?


Judy1
Rating
You pay income tax on the $100.


Jim Kirby, CPA/PFS, CFP, CFS
Rating
You pay taxes on the $100 wages but, if that were self-employment earnings, then one-half of the self-employment tax would be deductible on line 27 of Form 1040. That's really not too much of a break for self employed since self-employment taxes are twice what you'd be withheld from you as an employee.

Jim Kirby, CPA


v b
No matter how many times you ask this, the answer is the same.


Jeff
You pay income tax on the $100.

The FICA is an income tax in addition to the regular income tax.


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