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 I work for 35 hours and make $8.50 a hour. how much I make a year?
Total Household I...


 Tax Rebate?
I filed my tax return feb 20 this year (early) and received it feb. 29.

I am receiving direct-deposit and according to the chart on the irs
website (based on the last digits of my ...


 Why am I forced to hand over more than 50 pence in every pound that I earn,in tax to this Government?
I earn £26,000 per annum.PAYE takes 20%. NI "contribution" a further 10%. Then there's Council tax of 6%.Just these three compulsory taxes rob me of 36%.Then there's 15% VAT on ...


 If some one only made say $2000 during the year is it worth filing income taxes?
Say a married couple filing jointly just off one income can get back almost 6500$ with out the second lower income, should we wait for the W2 of the second spouce or just file as if the second spouce ...


 I owe bac child support.will i receive that tax check there guna send us?
...


 I'm a single mother working part-time, but live with my partner, could he claim us?
I'm only going to make about 15grand this year, He'll make about 39grand. Is it okay for him to claim my daughter and I on his income tax return next year? What about on his w-4 right now? W...


 Why is the IRS penalizing people for being intelligent?
Every year I calculate my taxes so I have to pay a very small amount on April 15th. With over 50k a year in income this is no small feat however I think it is worth it so I can invest and save the ...


 Why does Texas not have a State Income Tax?
Just ...


 Legally who can claim the children on the income tax?
My ex-husband wants me to let him claim 2 of our 3 kids on his income tax. He says that he is cutting me a tax break because he`s paying taxes on my child support. I live in Nebraska, he lives in C...


 How Do I request my mothers 1040?
Im trying to file my finanial aid for college and they requested that I send them my mother 1040. The only problem is my mothers a damn slacker and I cant get her to do anything so I was wondering if ...


 I filed taxes for the first time this year & I just received a letter from the IRS. I'm freaking. Help?
The letter said the IRS had received my electronically filed income tax return for the Tax Year 2007, but they didn't receive my Form 8453-OL U.S Individual Income Tax Declaration for an IRS e-...


 State Tax Return?
Do I need to file a state tax return if my employer already took out the state tax from my paycheck each month?

My co-worker told me that I need to file a state tax return if I received a W...


 What is the most you can earn in a year in the UK without having to pay taxes?
If you earn only 5000 pounds in a year do you still have to pay taxes on it? Is there a maximum you can make without having to pay taxes? and at what amount does the lowest tax bracket end? Curious ...


 UK Should we INCREASE fuel tax?
A journey from Wigan to Milton Keynes SHOULD take 2 hrs 45 mins, today the home leg took me a whopping 5 hours. Why do we tolerate congestion and consider it acceptable? Why is the "rush hour&...


 Just got offered a job, he is gonna pay me as a independent contractor. how do I pay taxes?
I have always worked for an employer that has taxed me. Now I was offered a job that pays me as an independent contractor. How do I report the taxes? I am being paid 50k, ... do you think I could ...


 Will you wait till the last minute to file your income taxes?
...


 Should someone inform authorities if they know of someone who is not paying taxes and committing tax fraud?
...


 Stimulus Check?
I did my taxes at H&R block and had my tax return submitted via direct deposit. I have not received my stimulus check and I have no clue If they are just slow with the process of direct dep. or ...


 I owe taxes. can i investy/buy in something to offset that?
i did my taxes and found that i owe ~$600. so was wondering if i can buy some CDs or invest in some savings which can be tax deductible . basically instead of throwing that money away to IRS, invest ...


 About where are they in the stimulus check distribution?
I know that I'm getting once. I received something in the mail. I just want to know who has gotten their stimulus check yet, and the last two digits of their SS#. Both of my roommates have ...



Jennifer C
Does anyone how the tax rebate that we're gonna get this year in june is gonna effect our return for next yr?
I was just wondering how that money is gonna effect our return next year, like are they gonna deduct that money or how does that work?
                     
 




just me
If it passes into law as it is now it will not affect your federal return as it is nontaxable. Each state will decide it it will be taxable on your state return.


What they are doing is cutting the tax rate on the first $6,000 earned in 2008 from 10% to 0%.


Amandalicious
Rating
Its probably gonna be like the one me and my husband got before, they took it out of our next income tax.


Judy1
Supposedly it isn't going to affect it. But until it's finalized, don't count on it.


te144
If the same as the last one, a few years ago, we will not report the rebate as income. It would be like they could have just rebated a lesser amount to start with.


Mark H
Ya, you get to pay it back next year as additional income. They don't just give out money for nothin


blazing_fire
Rating
No. Were borrowing it from China..................how absurd is that.


test pilot
Good question. I'm sure it will be considered income so you will be taxed on it for the '08 tax year. You won't pay it back just pay tax on it as income.


DJ
Rating
The sneaky government can only answer that question.


hdzjuan
Rating
If your a married couple then 1200 and 300 for each child you have and if you get 3000 a year you should get 300 in the spring when your doing your taxes s****


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