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 Why is my tax refund lower when my parents claim me as a dependent? How do I stop it?
Last year I could have had $800 for my tax refund, but because my parents could claim me as a dependent, I only got $350. This is not fair. They are costing me money! They continue to claim me (I'...


 Is money received as a wedding gift taxable?
Recently got married with a significant number of wedding gifts given in the form of money totalling a decent amount. Is it taxable based on the total amount? Or is it based on the gift per ...


 Do i have to file my own taxes?
i'm 16, will be 17 on the 25th and i wanted to know if i have to file my own taxes. I only worked for about 2-3 months, i'm not sure if i can still be filed as a dependent on my moms taxes ...


 I am a service man, can I give salary income tax by my own?
My private company, where I am working, they want to deduct tax (TDS) from my Salary. Further they ask me to invest in some Bank/LIC/Post Office for tax saving. But I want to give tax by my own. I ...


 If my parents have supported me financially am I liable to pay any taxes on this money from them?

Additional Details
what about if i had a mortgage in my name but they actually paid it ...


 I want to know about my future in every respect?
Devender Kang 16 Jan 1972, 10:07 pm, Kanpur, India....


 Do you have yo pay taxes on a lawsuit?
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 Can you please check the english below?
No rent was received for P Gate for the month of April-06, for current year accounts....


 How does Marks & Spencer plan to reimburse all its customers who paid VAT on teacakes?
Isn't it the end user (the customer) rather than the retailer (M&S) who is out of pocket due to teacakes being incorrectly rated?...


 ... They have my Tax check!?
soo Im going through some drama where my aunt got ahold of my Tax check and won't give it to me unless I pay her a 100 dollars.. yes my family is crazy.. anyways is there anyway to ...


 It aint right. I made well into six figures last year and?
I'm expected to pay taxes on it. Can't someone else pay that? Am I wrong or wasn't Bush's new tax plan suppose to have all the middle class and poor pay the taxes and give guys ...


 When should I receive my delayed refund check? I was supposed to get it direct deposit on 2/16, but didn't.
The IRS website is saying that is WAS direct deposited, but that's wrong. I rechecked my account # and the banks routing # and everything is correct on my e-filed tax form. They keep saying to ...


 Do I need to refile my taxes?
I found a deduction soon after I e-filed my taxes with Turbo Tax. I already received my refund what do I do? There is a $300 difference in what I received and what I should have received.
<...


 Can I claim my pregnant 21 year old on my taxes?
She is on Medicaid. She is not eligible for insurance coverage under my policy....


 Can a Governor of a state increase the states sales tax?
Maryland's governor is contimplating increasing the Maryland State sales tax from 5% to 6% to compensate for the deficate in the budget. Is this legal for him to do? How many other states have ...


 My spouse is not 65 but she is disabled?
should i file single and claim her as my dependent since she cant work? is this possible? why file jointly if she isnt working?...


 I am on SSI, i want to receive the tax rebate that the goverment is giving out, which form do I fill out?
...


 If you file for divorce but it is not final until 2008, can you file taxes seperately for 2007?
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 What do yo think about inheritance tax, has it affected you someway?
...


 How early can I e-file my 2006 tax return?
...



FOOTBALL
Does any one how to get around?
paying your taxes? i haven't paid them in years, but i think the irs is onto me.
                     
 




Mathew
Rating
Not making any money is a good way to avoid income tax! Most folks that go to prison for income tax fraud practice this rather successfully.


Judy1
Rating
Well, I hope they are on to you. Why should you reap the benefits of living here without contributing?


Tomk
Rating
If they catch you, and can prove you had income and didn't report it, then you will spend time in the Federal Penitentiary. A LOT of time.

You need to immediately complete all of your back taxes and pay up before the feds come knocking at your door.

For real.


bostonianinmo
You don't, as you are about to learn. Enjoy!


MukatA
Rating
You must start paying taxes and filing your tax returns. First of all complete your tax return for the year 2006 and file it. Then complete for 2005, and so on. See if the taxes are actually due or not.
For example, for the year 2006 your Standard deduction is $5,150 and exemption deduction (if no one claims you as dependent) is $3,300. Thus if you made up to $8,450, there is no Federal Tax liability. But you have to pay social security and medicare taxes on your total income.

If you are employed, then your employer must be deducting taxes (including social security and medicare) from your paycheck, and you will get W2 for each year. So the chances are you have paid proper social security and medicare taxes and other taxes.

If you are self-employed, then you were supposed to take care of social security and medicare taxes yourself.


elias
Rating
keep doing what you are doing, oh and yahoo can read this and give you in. good day sir =]


ruuk
Rating
Don't earn wages.


JDGreen
Rating
No...just pay it...all will be well...


southron2002
Rating
If you have a job, and your employer is reporting your income, the IRS will find you.

This is another reason why we need the Fair Tax Act. ( H.R. 25) www.fairtax.org
So we can stop turning regular people into criminals.


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