 Second job...why do people get taxxed so heavily for it? |
| Surely we pay enough tax on our primary job! Politicians need to revise this law or at least outline an explanation as to why they tax so heavily!... |
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 Why do movie-stars get paid so much? |
| Movie stars get paid too much money for one movie, they star in, and people only watch it like what once or twice, it's insane, that money could be going to good causes, but instead it's ... |
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 Why do we pay taxes anyways? |
| Just wondering, what does our tax money go to anyways? I get more than $100 taken out of my check each week and I know some of that goes to my medical and dental ($29 and $6 weekly) but where does ... |
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 Can my employer write me up for not coming on my day off? |
| i answered they phoned they asked me to come in on my day off and i said no they said its unexused can they do that can they write you up for not coming on ur day off im not staying near the ... |
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 How do strippers file taxes? |
| I am a dancer in Portland, OR, but my address and everything else is in Washington State. I have been dancing the last 2 years and haven't filed. I want to do my taxes but I don't have ... |
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 My ex-employer has not given me my w-2 yet? |
| so no w-2 yet i work 3months last year for them and they said that they forgot that i worked for them last year yeah right but i asked for my w-2 and they said that they would call the account and ... |
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| Is taking on a second job actually profitable? |
| John works a 40 hour a week job and is thinking of taking on a second weekend job. However, he's concerned that the small income he'll make at the second job will just be a waste because ... |
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 Should we feel obliged to pay a service charge? |
I was recently at a resturant and after terrible service and a long wait for the main meal ( 1 hour) i refused to pay the 15% service charge.
the manager locked the doors to the resturant and ... |
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 $600 Govt Check. Am I getting one? |
| I am a student and claimed as a dependent by my parents. But I do pay income taxes... am I getting one of those $600 stimulus checks?... |
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 Never got my tax rebate check deposited!!!!? |
| My ss ends between 00 and 21, I made the right amount of money, did my taxes in January, and am setup for direct deposit. It's Thursday and nothing has made it into my account. Is this ... |
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 TAX QUESTION FOR A TAX PERSON! (I live in Texas)? |
| Can I have more that one person or company figure my taxes before I decide who I want to go with to file them? I want to choose the one that will cost the least or free. My husband and I made only ... |
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superchau88 | How much can i make (legally, in paychecks) without having to report it on my income tax? |
or is this not even possible? |
 |
 
Brian G
 |
All money paid on paychecks is reported to the IRS. There is a limit on income, that if you fall below that limit, you don't have to file a return. If you had any tax taken out of your pay, you would want to file a return anyway to get that money back. |
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Judy1
 |
It depends on your filing status. If you're single, and not a dependent of someone else, for 2006 you could make up to $8450 (total from all sources) and not have to file a tax return or owe any taxes. The number for 2007 is a little higher than that. If you're married filing a joint return, the limit is higher.
Even if your income is below the limit to have to file, you should still file a return if anything was withheld for federal income tax, since filing a return is the only way to get it refunded to you.
If you have more than one job, and one of them is under the above limit, you still have to show it on your tax return if your total income from all jobs, plus any other taxable income like interest, is over the limit. |
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bostonianinmo
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Depends upon your filing status and the source of the income. If you're a Single filer and not a dependent of another taxpayer, the magic number for wages in 2007 is $8,750. |
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Jerry
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Assuming you're not a dependant of someone else.
If you're single and under 65 you can have gross income of 8450 without having a filing requirement.
If you're married and both of you are under 65 gross income can be 16,900.
Head of household 10,850
These are 2006 Numbers they will likely be slightly hire in 2007. |
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ForensicAccountant
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If you are a W-2 employee, it will always be reported. However, if your annual pay falls below the level for personal exemption, then you are not required to file a return - although you would miss a tax return. |
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Barry auh2o
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Zero. |
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Time will Tell
 |
All wages are subject to taxation, there are some exclusions, but not when it comes to paychecks. Exclude-able income comes in the shape of standard deductions and exemptions on the tax return, but all income that you receive on your paycheck is reported to the IRS at the end of every year. So if you don't report it, they know you didn't and you will receive a letter from them telling you about the interest and penalties you have incurred besides the taxes you owe. |
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Britney
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If you are paid as a contractor, and an individual company pays you less than $600 in a given year, they are not required to report it (via 1099) to the IRS.
Anything over that must be reported by them, so it will have to be reported by you. |
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Kathryn
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It's not possible. You have to report *any* income you make. And you have to file an income tax return even if you don't owe any tax or are not owed a refund. |
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Steve
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You have to report all income on your income tax returns regardless of the source of the income. |
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rec girl
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You have to report it all because it is included in your w-2 |
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