Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Taxes
Finance Discussion Forum

 How do i know if i have to file income taxes?
Ok so i worked part time at fed-ex through about half the year, maybe a little more.

How do you know if you have to file for income tax ? isnt there something about if you dont make so ...


 What exactly does our national insurance go towards??
also please answer this question
http://uk.answers.yahoo. Details
i mean do we really ...


 Council tax am i liable?
i broke up with my partner in october 2007 we both lived in the property that they are demanding almost a £1000 for she is illegally in the country with 2 children and is now being supported by a ...


 I recently got divorced in September of this year after a 25 year marriage. Can I file taxes as single?
I got divorced after 25 years this September. When I do my taxes this January can I file single? I want to finally do the 1040 EZ and maybe get a return, since it seems like I have always owed ...


 Has anyone actually gottena stimulus checl/deposit?
is this all a big joke? I don't know anyone who has gotten theirs and most of my familyt/friends filed electronically with direct deposit. According to the IRS website we should get ours on the ...


 Fuel Prices .. £1.50 + per Litre by September 2008....?
On GMTV Today, they said that it is being predicted that "Petrol + Diesel" will be £1.50 per Litre by September.

They also stated the TAX on Fuel is 65% !
TAX has always ...


 Why is it so easy to be unemployed in the UK?
To anyone who is signing on the dole at the moment, why do they make it so easy?
I thought the idea was to put you off by constantly pressuring you into getting ANY job going, but I went to my ...


 Is it fair to increased taxes on cigarettes in a free society?
...


 You work and pay taxes, then retire, why do you pay taxes again on your private pension ?????
You work and pay into a private pension and get taxed. Why when you retire are you expected to pay tax again on your private pension, this pension was a choice deduction from your wages, but do not ...


 Where can i get my taxes done for free in michigan?
I need my taxes done ASAP. I live in Detroit so i trying to find a place that's in the motor city area. but that is free and legal. Not h&r block or any companies similar....


 Can the IRS intefere with my bank account or take money from it?
i have money saved in my bank account....i work off the books..legal work...i will open 2 bank account tommorw with about 4000 each...will the irs or govenrmet see this? doesi t look illegal...and ...


 Is my ex entitled to any of my working / child tax credits?
He pays no maitenance, and looks after our son 3 nights a week. He is saying that because i claim working / child tax credits for him that I should be supporting him when he looks after him? can he ...


 I was caught and hulimated for being a peeking tom?
...


 I started a business and now want to know the tax consequences?
Do I file a separate tax return for the business? It’s a sole proprietorship.
Can I deduct startup costs?
Any more tax advice would be helpful....


 How do i know if i'm still a dependent?
i got a letter from the IRS b/c they need to verify weather i'm a dependent or not. Iast years tax returns i put that i'm not a dependent b/c i was 18 but i still lived wiht my parents and ...


 Can i claim my retired father as my dependent on taxes?
...


 How to fill out W4 form (I'm single)?
I'm single, 29 years old, and will be making $63,000/year. I have been getting a variety of responses from friends and family so I'm getting confused as to what is appropriate. Do I enter &...


 Do I have to file state(FL) or federal taxes??
How do I know? MY tax return shouldn't be too complicated.. I don't own or rent a home, I don't have any deductions or dependents and any credits..
the florida revenue website ...


 Can you get your cell phone taken off your taxes if it is used for business? or can you get a reduced rate?
the cell phone bill is outrageous because someone in my household is a cable bill collector....


 Will a criminal record hurt my chances with employment?
...



bj
Help! income tax is due, can I get an extension?
Here's what happening my boss is out of the country and so I'm trying to help him file a request for a tax extension. (he won't be back for another 6 months).
I searched online and found this form, it's 4868, extension of time to file an income tax return.
It asks for name, social security no. etc. In Part 2 it asks some questions like estimate of tax owed, amount you are paying. Someone told me just to enter zero in those boxes and mail the form in, is that right?
Additional Details
thanks to everyone for your ans. The day after I posted this the boss's wife came by...I wasn't aware that she's an accountant and so I gave it to her and she will take care of it.
                     
 




Mark F
The easiest way to file a 4868 is to do it online. You can use a website like FileLater.com. They'll submit it to the IRS for you and you'll get an email confirming the IRS has accepted the extension. I have used them before and have had good results.


bostonianinmo
Rating
That would be correct IF you are SURE that you will get a refund when you file. However if you think that you might OWE when you file then you must enclose a payment for the estimated tax due with the Form 4868. Taxes are due no later than April 15th. If you owe anything past that date, penalties and interest will be tacked on.

BTW, you cannot file this on behalf of your boss. He has to file it himself, sign and mail it. And if this is for his business return (Corporate or Partnership, etc.) then Form 4868 is not the correct form. He'd need Form 7004 for that.


shoes858
Go to FileLater (http://filelater.com) and e-file his tax extension. It's easy and fast...


Judy1
If you (or he) aren't going to owe any tax, then yes that's right. An extension is just an extension to file the return, not to pay - any money due is still due 4/15.


flechillas
Rating
nope,at least you have to send some money lets say 15% or 20% of total gross after all if is not suficient they let you know but you show"good will"


callmeplayfair
Rating
Your boss should be doing this. My son did it from Korea. It might actually be quicker for him to file his forms without your help.


michaelo1966
Rating
Your boss can file electronically at many places. He'll have to pay any estimated tax due. If he puts nothing, and something ends up being due, he'll owe interest and penalties but these usually aren't much. Since he's out of the country on the due-date he'll probably be able to get the penalties waived as long as he files promptly and doesn't owe too much money.


Bosco
Sort of. If he is going to owe any money and no money is sent with the form 4868, there can be a fine & interest charged on the actual return...


Jss
Rating
IRS will charge you interest and penalties if you don’t file your tax return and pay the taxes on time. If you are not in a position to pay full amount and file your taxes by the due date, you must act now. This is what you can do to reduce interest and penalty:
1. Pay as much as you can before April 15, 2008,
2. File form 4868 for extension to file,
3. Make a short term arrangement with IRS, and
4. Apply for installment arrangement.

Read: http://taxipay.blogspot.com/2008/04/irs-due-date-april-15-2008-for-those.html


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.034
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy