Why do people look so negatively at paying taxes? |
| I look at it as like i'm giving back to the country for the success that my country made possible. I couldn't have made the money without the backbone, the capitalism, and security that my ... |
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What % Tax do I pay? I live in UK and earn 15k per year.? |
| Im trying to work out my monthly salary based on my yearly salary and the web page Im using is asking for a % of Tax I pay? Anyone know what it is?... |
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IRS Lies AGAIN? |
| So they let the media lie to the entire nation (the public was mislead according to the IRS rep I spoke with) about their stimulus payments. I was under the estimation that if you made over 3,000 and ... |
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I just recieved a $100,000 settlement. Should I report this income on my taxes? |
Additional Details The settlement is from an automobile accident (personal injury). Does this make a difference?... |
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I have not received my tax rebate on May 9 my SSN# 51and should have had it deposited by yesterday. Any ideas? |
| I efile my taxes by Turbo Tax and I pay my taxes by direct deposit on March 15, I suppossed receive my stimulus tax rebate yesterday May 09 by direct deposit, but I still waiting, somebody know what ... |
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What is the VAT on £80? |
| I know its 17.5% do you divide that into 80, I am confused.... |
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Angry that foreigners can claim benefits in uk etc. then return home and still receive it ? |
Additional Details There have been articles in various newspapers recently...one (romanian family i think)child benefit /family credit etc...... |
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Tax question: i have the choice of donating $20,000 of inventory to charity, or sell for $500. which is best? |
| I have to liquidate 20k of assets (my business tanked) and looking to make the best of the situation... thank you for your advice in advance.... |
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My father is greedy and wants to claim me as a dependent. im 23 and lived with him all year and went to school |
| if he claims me i owe the gov 2000 if not i get back a 64 dollar return. i earned 23,000 and supported myself and just stayed there. i paid rent, food, clothes, school, insurance etc. hes ... |
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I have received a message stating u have won yahoo uk-ieland award? |
| that message give me a form to fill and submit to some agent and he replies to me stating that u have to submit a form given below to Nation wide bank Plc and they have told me that ur prize money in ... |
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Do you have to declare your earnings if you work under 16 hrs? |
| I am not entitled to working tax as my partners income is just over the limit.We claim child tax credit.If I was to work a couple of hours a day for the minimum wage would I have to declare this to ... |
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Filing head of Household? |
Is it possible for two people to file head of household with the same child?
They're not married, they live together, it's both of thier child and one claimed her as a dependent ... |
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Should we tax people based on how much they weigh? |
| Think about it, they use more water, more food, more tires for their car. This would be instead of based on income, and would take into account BMI.... |
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What happens if I don't send in a tax return? |
| I'm a basic rate taxpayer and the code is correct on my payslip but I've just had a pay rise. T... |
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Where is the law that says we have to pay federal income taxes? |
| Where is this supposed law that tells us we must pay taxes? I still haven't found one myself.... |
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Is this true? |
| I've heard through several reliable sources that one actually does not have to pay taxes if they do or follow something in the tax code. That something is what I do not know and they couldn'... |
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Where is my tax stimulus refund? I efiled with direct deposit and haven't recieved it.? |
| I e-filed by myself and used direct deposit for my refund. I did the calculator stimulus refund on IRS.gov and it said based on my tax information I am eligible for a refund. My last two digits are ... |
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afanofnataliewood | How long can parents claim their children as dependents? |
I'm twenty-two years old and live with my parents. I go to school part time and work full time. On average I gross 30,000.00 a year.
I've never made a big issue before in regards to them claiming me as a dependent-so as long as they don't charge me for rent.
But legally-are they still allowed to do so? How long can they claim me as a dependent? Additional Details I think some of you are a bit misguided.
I do file for taxes and ALWAYS end up owing money-because I can't claim myself...So there is no issue in that area...I do file my taxes.
I'm asking if what my parents are doing is legal...I don't mind if they claim me as a dependent-hell, it's the least i can do since they don't charge rent. But, I would be afraid if they did an audit on my parents...but if what they're doing is legal...then no problems... |
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Dragonfly
 |
Check the IRS website - link below
Qualifying Child & Qualifying Relative |
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♥♥The Queen Has Spoken♥♥
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According to the IRS guidelines The ability to claim a child as a dependent ends in the year that the child turns 19 yr old. OR if the dependent is a full time student they can continue to claim them until the dependent turns 25. |
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wartz
|
As long as the children are dependent on their parents. A mentally or physically handicapped child may be dependent on their parents for life. Someone who earns $30,000 is long out of the ballpark so your parent's can't claim you whether or not they charge you rent. |
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just me
 |
If you are not full time at least five months out of the year your parents cannot legally claim you. |
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busymomkaren
|
they can claim you as long as they provide you with over half your support. with a 30,000 job you probably are NOT their dependent. and you should claim yourself to get the best tax relief for yourself. |
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KRZY
|
My parents claimed me until I graduated college at 22. If they provide a certain amount to support you and you're still in school, they can claim you. |
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Jossey
|
To my understanding your parents are allowed to claim you till you become 21 years old and for that you have to still be in school. Hope this helps. |
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biggod
|
the age varies state by state. if we come out of legal things and check it depends upon parent too. |
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mcdannells
 |
Hello,
It should be until you move out of there house.
Who cares about legally.
You should do the right thing and pay some rent. |
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→trust in my confidence←
 |
Your Parents know as well as I do, that they can only claim you as a dependent until the age of 18.
Most parents have their children move out of their house at the age of 18, to start a new life of their own.
Since you are going to school, there is no problem still living with your parents.
But at your Full-Time job, you should have already filled out a
W-2 form with your employer, and you should be paying taxes on your own income.
IRS STATES: A dependent must be under 19 at the end of the year you are claiming. The IRS also lets you claim a dependents age 24 or under if they are enrolled in
school full-time. |
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KissMyConverse
 |
Not only can our parents no longer claim you on their taxes,but you may also end up owing the IRS if you didnt have enough taken out of your pay . |
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Bella♥
 |
As long as the parents provide for more than half of the dependents and as long as the dependent is under age and cannot support themselves--the parents can then claim them as their dependents. |
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Tsunami
 |
when they are in college as long as they don't claim themselves and file. |
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Boy K
|
The age varies by state. In my state, they are allowed to claim you until you're twenty-four. |
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