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 My wages are never right the payroll mess it up every month?
i work the same hours every month but payroll always mess it ...


 I'm fully employed,however I am over 65 year old.Am I entitled to get social security and is it automatic?
Must I apply or you will start getting paid?...


 Hi, I got my paycheck and it was $600.00 and the withholding tax was, FICA-SS $37.20, FICA-Med $8.70 and?
Fedral W/H $39.81, State W/H $20.24, Local $9.00, doese any one knows if this is reasonable? and what each one stand for?
My employer doesnt provide Medcare so why still they are cutting FICA-M...


 If the military pays for my education can I write it off on my taxes?
...


 How do I get my mom to stop claiming me on her taxes?
(I had to ask this again because I keep leaving info out)

I am 20 years old, I have my own apartment I pay all the bills there, (I do go to her house sometimes for a few weeks), I have my ...


 Can I legally claim that I earn 1/3rd less than my original amount before deductions?
If I earn a certain amount of money and have a third of it taken out before taxes for health care, dental, vision, 401K, and a few other things, is my annual income the original amount or the amount ...


 Is it true that everything exept clothes is tax free when your buying from ebay?
...


 I am having my taxes done by an acct. this year. I was told that forms that are used to file this way costs $?
Is that true? My taxes are very complicted and I need help no matter what. So for instance filing jointly heard that that particular form starts out as $150.
Can anyone give me more info on ...


 If your under 18 and you have a job do you still have to pay taxes?
...


 Do you support the Fair Tax?
I just think it makes more sense. People should be able to keep 100% of their pay check. We should replace the IRS with the Fair Tax.

http://www.fairtax.org/s...


 What does a prospective employer do once they have your previous w-2?
I worked for a company that went out of business and have since taken a new job. In order to verify my employment there I need to present them with a W-2. After the company went out of business I ...


 Stimulus check?
My last two of ssn is 05 -- I did direct deposit for my taxes -- I was under the impression I would get the check today. Is it true that the IRS is going to put deposits through at 9 am and 1 pm? <...


 Accountants help! Is 10% of your paycheck taken out in taxes not enough or a lot?
I'm debating on goin to HRBlock this year. We usually do, but I'm not sure if our return will be worth it this year. One job had 10%taken out for taxes, just worked out that way. $10,000 ...


 Do u file 06 taxes in 08 or 07s?
my friend says that taxes is a year behide.she say that u clam 06 in 08. is that true? i also thoght is the year be4, like 07 in 08.
what year dose she file now 06 or 07?...


 If I filled through TurboTax and got direct deposit will i still get direct deposit for my Stimulus Check?
Because my number is 47 and i should have gotton it on may 9th?...


 Can i deduct the mileage i used to take my mother in law to and from her doctors appointments?
I take her at least a couple of times a week. It is 43 miles each way. She is not capable of taking herself to her appointments....


 Why is child support not a tax deduction and alimony is? Either way the ex spouse spends it as she pleases.?
Can someone give me more info? Or who to contact. I need to research for an Activist English paper regarding this issue. Thanks!...


 I made about $12,000.00 last year.I did not have any federal taxes taken out.Will I owe any taxes?
I am a single mom so I know I qualify for the EIC.I just dont know if I will owe anything since I made over 10,000.00...


 If filing married and jointly, do you have to count your spouse's income if under 5,000?
My husband just started a new job and will not make more than $4500 or so before the end of the year. Do we have to count his income when we file our taxes together? I used a tax calculator and it ...


 Which bills do i 'have' to pay during the recession in the uk?
Obviously all bills count, but my bloke works as a painter and decorator ( for now, work disintergrating fast ) and I work with mental health, My job is safe but he is the breadwinner. Mortgage is no ...



wetdragon1418
Do i still have to pay taxes?
i have no job

i make $250-$400 a year in interest throguh CDs

do i still have to file my taxes?

would i get money back or would i owe?
                     
 




it is me
Rating
you have to file when your interest income exceeds 400 dollars but probably wont owe tax since the standard deduction should offset your gross earnings


Judy1
Rating
If that's your entire income for the year, then no, you don't have to file taxes - but how do you eat?

Unless you had money withheld from the interest and sent in to the IRS, you wouldn't get money back because there wouldn't be anything to get back. But on that income, no, you wouldn't owe anything either.


minocstriker
Assuming that you're not able to be claimed as a dependent on someone else's return (such as your parents), as long as your income does not exceed your personal + standard deduction, you will not owe any taxes (which in this case, as you only make $250-400 in interest, you won't owe). However, you're not going to get a refund either. You will neither owe or be owed.

As your income does not exceed your standard deduction & personal exemption, you wouldn't need to file a return anyway.

There is a $30 refund for phone taxes for the 2006 tax year, but as I doubt you pay for a landline (I'm assuming you're a minor), don't worry about anything.


bostonianinmo
Rating
With that minimal income you are below the filing requirement amount which is $850 for unearned income. You do not need to file. If you did, you would owe no tax and would not get any refund.


Alan S
If this is your only income, you would not need to file. If you had any taxes withheld, you should file to get these refunded. There may also be credits you are entitled to even if you owe no tax. For 2006 there is a credit for a refund of telephone excise tax paid (at least $30), so you may want to file just to get this money.


greendonkey34
It's a little late to be asking this. Tax day was April 15.


JR
You should not have to *pay* any taxes on that interest, as long as that really is your only income. HOWEVER, I'm pretty sure you do need to file your income tax return with the IRS each year, and declare the interest and show them you owe nothing. You should be able to use form 1040EZ... 1 quick and painless page.

Depending on your state, you probably have to file state taxes as well... most states have an equivalent EZ type form that is comparable to the Federal one.


dollfacedbaby1
Rating
You don't have to file. However, it would be in your best interest to file since you may get a refund. Especially if there are other deductions for you to take.


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