Anyone want obama out? |
Take a Stand against the Obama Hype?
Take a stand people. Those who know why Obama is a bad choice need to do what others like myself have been doing, email, call or whatever to the Dem. O... |
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Can you get in touble if you dont file a tax return?? |
| I did not file a tax return for 2006 but was due a refund of approximately 1100 for federal and 200 for north carolina state. Is there a penalty for not filing?? If i do file, will I get my refund ... |
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How can I pay cash for a house and not report the income made to Federal taxes? |
Additional Details I have income that is all cash and I wanted to purchase a house paying cash, but not to report this cash made from the income to the Feds.... |
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How early can I file? Weird tax question...PLEASE HELP!!? |
In 2007 I worked in Iraq for 6 months. I came home and did my taxes.
My income for that 6 months was around 64,000. I filed federal, not state.
I am currently a student and ... |
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Has anyone read about the taxes we're going to charged from this April? |
| Apparently I read the other day that at the next Budget, prices in alcohol,cigarettes and petrol are going up because of Brown's blunders before he decided he was going to become our next prime ... |
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What percent of my taxes will I get back? |
Is there a set percentage rate that I can use to figure out how much I will get back from my tax return? Additional Details I'm single, no dependants.... |
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Did anyone get that irs stimulis direct deposit today? |
| My SS# ends in 20 I used direct deposit when i filed my returns and received my refund. I am really bummed. It felt like Christmas listening to the News this morning.... |
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If me and my childs father work out child support personally, do I have to claim what he gives me as income? |
| He gives me money orders on a weekly basis, and he is not going to file this as less income on his taxes.... |
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Stimulus check Tax refund question? |
BIG points for asap answering and any kind of backup to your answer for proof.
My parents did there taxes by a H&R block pro in Walmart... had her fees taken out of our refund and ... |
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Can you claim a child that you support living in a different country on your tax report? |
| Can you claim a child that you support living in a different country on your tax report?... |
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Road Tax Problem!! UK only? |
| i recently bought a car without telling my parents (i am 17) and i want to keep the car but my parents are forcing me to sell it off, the road tax runs out at the end of september and is there any ... |
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Income tax query ? |
Hi all, I have a query, My wife is housewife & she doesn't have any source of income. I have opened
an icici bank a/c for him and transferred money from my a/c. She have her Pan number,... |
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How do you claim tithes on your tax returns? |
| I gave over $1,750.00 in tithes and offerings last year. Is that enough to claim as a deductible? Will it even be beneficial if I do?... |
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Stimulus refund...not refunding on the date they promised.? |
| According to the IRS direct deposits should be made for numbers 00-20. I'm 13 and there is no date for my scheduled deposit. My boyfriend is 00 and he is not getting his until May 16. What ... |
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I have a start up business, its a partnerhip? Should I go to a cpa or can I use turbo tax and do it myself? |
| I really didnt make much last year from the business but I had expenses on equipment, stationary,promotions to get it going. Is it something I can do myself on turbo tax for deductions or should I ... |
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Working overtime.? |
I work a lot of overtime, sometimes 20 hours OT a week. My question:
Is there a tax difference between straight salary income and income from OT if the total gross pays of the two are same ... |
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leaves | How many dependents can a person declare legally on their W-2? |
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pops
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every legal dependent and a fudge for deductions
if you under withhold, you may be subject to penalties. |
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Judy1
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If you're asking about claiming allowances on your W-4, you can claim one for each exemption you'll have, plus additional allowances for things like high itemized deductions, or credits. There are worksheets with the W-4 to help calculate what to claim. |
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bostonianinmo
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None. You don't claim dependents on your W-2. Form W-2 is prepared by your employer shortly after the end of the year to tell you how much you made and how much was withheld from your pay for taxes.
You file a Form W-4 with your employer to tell them how much tax to withhold from your pay. Part of the calculations are based upon your marital status and the number of dependents you have but that's only part of the story. If you hold more than one job, have a spouse who works outside the home, have significant outside income that is not subject to withholdinig, or have significant deductions such as a large home mortgage or large charitable deductions those all must be taken into consideration.
There are 2 worksheets on page 2 of Form W-4 that will help you arrive at the correct number of withholding exemptions. The number you arrive at there is what you are legally allowed to claim. You may claim less (you'll pay more tax in and maybe get a larger refund) but you generally should not claim more as you may wind up underpaying your taxes and could owe penalties as a result. |
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~*~*Jen~*~*~
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you don't claim dependents on your w2 you claim them on a w4 but the more you claim the more taxes you get to keep but at the end of the year when you file your taxes you better make sure you have that many dependents b/c if not you're going to most likely owe money |
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ianrothman
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Technically, there is no maximum. If you have 500 dependents, you may claim them all. |
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Fool in the Rain
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I believe up to eight on your w-4. Trust me, you do not want to do this. |
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jonni_hayes
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all of them that are legal dependents..... |
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Rothwyn
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You can claim as many dependents as you actually pay money out of pocket for. If you don't actually pay out of pocket for them it is considered fraud. There is a cap which changes from state to state. |
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Chasity C
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From my understanding the safest number should be two dependents and it maybe the highest number you can get. But most definitely you shouldn't go over two dependents so the IRS won't start investigating. |
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