 My salary has been wrong for 6 years - who has to pay the tax man I am in the UK? |
| My company have been administering for salary incorrect for 6 years. They have been deducting my pension contribution from my taxable income and I have been paying tax on the lesser amount. They ... |
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 If im recieving income support, dont work and live with my parents, how much child tax credit will i recieve? |
and how much will my income support go down to if i get £35.65 a week if i recieve child tax credit?
ive tried to contact child tax credit and income support but nothing has worked.
A... |
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 I am in law enforcement if i dont have a house is there a way i can claim my uniforms / equipment and our son? |
Additional Details
ok obviously by the answers i am getting yall dont seem to understand the question or maybe i asked the wrong question i should say is it possible to fill out long ... |
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 Does a baby have to be born by 12/31/07 to be claimed as a tax deduction on my 2007 return? |
| If my baby is born in March of 2008, I would have the Social Security Number. Am I allowed to put this on my return and claim the deduction? If this isn't allowed and I do it, would there be a ... |
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 If I file my taxes illegally, what's going to happen? |
| Ok, for whatever reason, my husband and I didn't have fed. taxes taken out of our checks all year. When I went to file, it said we owed over 1,000. When I took his income off, it said I would ... |
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 Can i refuse the stimulus payment? |
is this payment something that i can refuse, for own personal reasons? what are the payback terms and conditions?
Additional Details
CAN IT BE REFUSED?... |
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 Exempt from Federal Taxes....Will I still Recv a Refund for 07? |
| Ok, here is my predicament. I filed exempt on my tax forms like I do every year with 1 exemption thus preventing Federal Taxes from being taken out of my paychecks and ONLY Fica/Med/State taxes ... |
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 Please don't bother cutting and pasting the IRS mailing schedule, I need direct answers...? |
| Last 2 of my SSN# is 20, at this point I am aware that I am not getting DD (but instead will be getting a paper check) My question is: Since the IRS started distributing the paper checks early, ... |
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 Can my ex claim the children as deductions on his taxes if he is behind on his child support? |
| My decree says that we each claim 2 of the 4 children. But it doesn't say if he can or can not if he is behind on child support. A friend's decree specifically says that her ex can not if ... |
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 Why the government forces people to pay tax? why can't I opt out of their social programs and not pay tax. |
| I just want to live in a remote area, I dont need the goverment for anything. And I dont wana pay any taxes either. So why the government is allowed to jail me if I do so? Do they own me?... |
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 Where do I "report" my employer if my W-2 was not mailed by the 1/31 deadline? |
I'm VERY angry I have not received them. Yes, I know they, legally, have to be POST MARKED by the 31st. But if they are post marked, say 2/5/09, where do I go?
Additional Details
P... |
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 Can i claim my daughter still? |
| the father of my child claimed my daughter on his W2 form when he got hired at his new job (even tho i asked him not to) if he does not claim her on his tax return EZform can i claim her? I have ... |
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 Does claiming bankruptcy include state and federal back tax debts? |
| I have never filed bankruptcy, but owe bookoo bucks on both, does filing chapter 13 include those debts?... |
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 If I sold a house that belongs to me . What kind of taxed do I expect to pay to the IRS? |
| My sister sold her house and she is moving to a new one. Does she have to pay taxes on that money?.... |
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 Something seems wrong - my boyfriend owes $5K? (CA)? |
Something seems very wrong. Maybe we did the math wrong...
There is no WAY he would owe $5K to the state of CA. He made only $16K from his AK and CA wages.. there's just no WAY, ... |
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 Since we filed our taxs we moved and closed the account that had the direct deposit.? |
Who do we call or contact to get the check sent to us, not deposited to an account thats not active?
Additional Details
to clarify something, Im talking about the stimulis check not my ... |
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 Can my mother claim me as a dependent? I'm 25 and live in Texas.? |
| I'll be 26 this March and I'm living with my mom. I go to school part time like 9-10 hours. For 2007, I've made about $13,000 (after taxes). I buy my groceries, clothes, etc. But my ... |
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dragonpetal_99 | Exemptions, Withholdings, Deductions..? |
I'm loosing my mind. Everyone keeps saying that if you claim "0" on your w-4 form you will have more withholdings taken out of your check. Doesn't this make you "exempt" from tax?
Meaning that there will be no state and federal income tax withholdings tooken out, you'll just have your social security and medicare tooken out.
What is the difference between putting the "0" on that form or just writing "EXEMPT" on the line?
Additional Details
Ok, I get it now. 0 = max amount of witholdings, and exempt=no fed. and state witholdings. Thanks for all your great awnsers, I really appreciate it! |
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Barkley Hound
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When the payroll tax is computed the number of exemptions is multiplied by a fixed amount and this is subtracted from your pay. The tax is then computed on the balance. When you put zero you are subtracting nothing and paying tax on the full amount. Exempt is taking out no tax and there are certain requirements such as no tax last year and you expect to pay no tax this year.
Deductions are what you put on your 1040 and does not have to be the same as the W4. |
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Dana B
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Ok, when you put a 0 on your w-4, they take out enough taxes as if you were filing single with no dependents. The more numbers you add (claim 1,2,etc) on your w-4, the less federal taxes they take out because you are saying you will have that many personal exemption deductions on your tax return. This would mean you would owe less tax so they withhold less federal tax. Claiming "exempt" on your w-4 means you will not make enough to have to file, so they don't take any out. See www.irs.gov for all of the rules about filing "exempt". You might want to check the instructions for the w-4 on that website. Hope that helps. |
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waggy_33
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If you put 0 on the line the employer will withhold the maximum federal and state income tax withholding from you pay. If you put exempt on the line the employer will not withhold any federal or state income tax from your pay.
Exempt is used when you did not earn enough to pay any income tax last year and where you don't expect to earn enough to pay any income tax this year
If you put exempt and do own income tax then you could be assessed a penalty for failure to pay income taxes through withholding or quarterly estimated tax payments. |
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RamsGod
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By claiming zero, the highest amount of tax will be withheld from your pay.
Claiming exempt will have no Federal Income tax withheld |
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?
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Claiming 0 throughout the year on W-4's will cause the government to withhold more money from your check. This is because if you don't have dependents then you will owe more money. The number is how many dependents you are claiming including yourself.
Exempt means you don't have to pay taxes. I'm not sure how to be eligible for this but I don't know anyone who this applies to.
I personally claim one less throughout the year than I claim on my tax return. I have found that they take enough money at the federal level but not at the state level. This insures that I have paid enough throughout the year that I won't owe at tax return time. |
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nonametomention
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You would enter "0" for your dependants. As for exempt, this is a special bracket that means you are not required to pay taxes. You could write that, (they may ask for proof), but you would pay no taxes from you check. You would however have to pay them at the end of the year. Witholdings are the dollar amount you want taken out of your check every week. You can enter a dollar amount, allowing IRS to keep your money for you until refund time. |
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bride2be091507
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NO. The "0" is your number of exemptions. If you fill out the worksheet on the top of the w-4 it will guide you as to the proper number of exemptions. Basically, you get one exemption for yourself and one for each dependant (it really isn't that simple, but I do not have space to explain it thoroughly).
If you write EXEMPT it means you are exempt from taxes completely. You will have the same result as to Federal and state taxes if you write 99 on the line. No taxes are taken out.
Think of it this way: The more exemptions you have, the more likely you are to be exempt from taxes.
Make sense? |
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JaneDivided
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The more deductions you claim, the less they will take out of your check. You claimed "O" deductions, so they will take out the most money. |
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Dwight D J
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By claiming zero, the highest amount of tax will be withheld from your pay.
Claiming exempt will have no Federal Income tax withheld--but most companies won't do that because of potential that they could be held liable for taxes they should've withheld but didn't |
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sneakysteph22
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THE DIFFERENCE IS THAT IF YOU CLAIM 1 OR NONE, YOU WILL GET SOME MONEY BACK, BUT IF YOU CLAIM EXEMPT, YOU WILL HAVE TO PAY TAXES AT THE END OF THE YEAR.. |
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