 I worked a small time in 2007 only had 34.51 takin out for Federal Income, do I need to file taxes? |
| If so I have 1 dependent my son, I made $541.89 HOW much will I possible get back in tax return. Just an est. Best answer get 10 points today. EXAMPLE: $900, $800, $1200... |
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 Has anyone checked their mail today 5/20 for the stimulus check? |
Additional Details
Yay! I got it today in Wichita area. Last digits 05. Hope you all get it very soon.... |
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 How effective is offering an offer to compromise to the IRS yourself. Is a tax lawyer needed? |
| My tax debt is very high, with no ability to repay due to health. I need to get this resolved.... |
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 Who can claim child on taxes? |
| My ex does not pay child support, even though he has an order. On the custody order, it is worded that we have shared custody, with physical custody with me, he is alloted every other weekend for ... |
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 Higher rate (40% of income tax affect you? (UK)? |
For Up to £33,300k p.a, it's 22%, then it goes up to 40%.
Are you therefore worse off earning £33,400 than if you were earning £33,299?
How does it affect other things ... |
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 Can i claim my new baby on my taxes? |
| Hi. I hope you can help me with a situation i have about when i file for taxes. i am 17 years old and i plan to file my taxes in 2009. I have been working for a year and 4 months now and me nd my ... |
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 Council Tax Court Summons can they do this? |
| I pay my council tax monthly and the installments are 10 payments from 1 April to 1 January for the period 1 April to 31 March (payments due on the 1st) I was a bit short of cash with Xmas ect so ... |
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 If i won $250,000 AUD how much would the tax people take? |
i live in victoria and i earn barely anything
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by the way 40% seems alot. thats like 100,000. can anybody explain this a bit more? 40% is criminal!... |
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 Just a curious. what if ur only income is from interest from a bank? do u still need to file? |
| let said ur only income is from the bank interest. and the interests u earn is $50,000/year. do you still need to pay/file a tax return? and how much tax would that be? roughly 33%? how about $50... |
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 Are businesses required by law to mail you your W-2 by Jan. 31st? |
| I called the place I used to work at and gave the new manager my new address so I could get my W-2. I live 4 hours from where I used to work. She agreed to mail it too me as soon as she received ... |
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 Anyone received tax rebate stimulus checks by mail yet? |
| if so, what are the last 2 didgets...i am really anticipating this money as well as most of you are to...... |
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 Are state tax withholdings based on where you live or work? |
| My husband works for an oilfield company here in New Mexico. Yet, one of the company's rig's, that he works on, is located in Colorado. I was looking over his newest paycheck stub and ... |
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 How will I get my rebate? |
I went direct deposit but the tax place deducted their money from my return. Will I have to wait on a check and also do they deposite the money every so many hours or something? Does anyone know?
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Ram | How can I opt out of Social Security? |
I'm trying to see if there is a way to get out of this Social Security BS. However I'm not sure if its possible to do this.
I don't work for cash and I'm not a capitalist.
Any ideas?
Additional Details
Thanks for the replies everyone.
To clarify, by "capitalist" what I meant to say was - I dont reroll my capital gains or anything like that. Sorry, that just came out wrong.
Thanks again for the replies! |
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Ask Mike
|
Hi,
According to the official site for the Social Security Administration, you can not opt out of paying into social security.
The site explains that participation is mandatory, but that might not necessarily be a bad thing. "Unlike your private plan, Social Security provides disability and survivors coverage in addition to retirement benefits. And Social Security generally offers greater protection for family members than private pensions."
For more on rules and regulations, check out the SSA's official site.
thanks,
Mike |
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Spock (rhp)
 |
members of religious orders that eschew such government assistance are exempt.
There are several groups I know of that fit into this ... ministers in some churches, members of some faiths, religious members of some orders (monks and nuns, etc.).
***
The other way is to be employed by a state or subunit government that never joined Social Security. [It was optional for the states.]
I believe that California is such a government.
Of course, CA has its own retirement plan and it is mandatory for all state employees -- including the contributions part.
oh. |
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bostonianinmo
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Only if you are a member of a very limited number of religious groups that do not believe in accepting government assistance or insurance proceeds of any kind and also provide a similar level of assistance directly to their members. Certain Amish, Mennonite, and similar groups qualify.
It doesn't matter if you're a Capitalist or not or how you are paid. Barter and exchange income is just as taxable as cash income is. As far as the IRS and SSA are concerned, they're identical.
Federal employees are covered by Social Security and have been for a number of years. A few state and local governments have similar systems with similar contributions in lieu of Social Security for their employees. |
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shoredude2
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The only legal way I know of is to become Amish. Because Amish take care of their own, they were exempted from Social Security. |
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StephanieS
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Become a pastor or work for the state. |
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Rick B
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I believe that ministers can opt out od social security. |
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murrayc
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no you cannot opt out |
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Amy G
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there is NO way you can opt out...i believe its manditory. |
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Dr.T
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The government is there to take care of you, haven't you heard that? They are also there to take as much of your money as they can without appearing too greedy, but it's hard since they are, after all, very willing to take YOUR money and pay someone else for their vote.
Basically, you pay Soc Security so you don't become a homeless person when you get old, assuming you live that long. In the meantime, they take your contributions and pay them to someone else. That "lock box" that Albert Gore talked about? Well, it doesn't exist. Much like Global Warming caused by people -- it's like two fleas arguing about who owns the dog, we have very little to say about taxes or global warming, and there isn't much we can do about either.
Jeff |
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Icey
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Why would u do this? R u rich enough to sustain yourself in the future, If u r more power to u |
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jdkilp
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Work for the government ... government employees don't pay SS tax, and they don't get SS benefits. |
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