 Tax rebate.? |
| I still havent recieve my tax rebate.i have direct deposit on my income tax return and according to irs payment calculator if its direct deposit you should recieve it the latest is may 16.i meet the ... |
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 IRS 1040? How to get it? |
I'm filling out my FAFSA today and I have our W2 forms... but I just found out I need something called an IRS 1040 or something.... HOW DO I GET THAT?
And what if I won't be ... |
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 Why do the Amish not have to pay social security taxes??? |
| I THOUGHT IT WAS MANDATORY THAT WE HAD TO PAY SOCIAL SECURITY TAXES!!!!!... |
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 DID someone else use them on their taxes? |
| HOW can I find out if someone else used my children on their taxes, is there a number I can call, or a website I can go to. Please, serious inquiries only, and please dont answer this question with a ... |
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| Can anyone explain why so many taxes were taken out and we still owe more? |
| My Husband made 52,000 this year and paid quite a lot in taxes. He had me and our daughter has dependents because I didn't work. Then the last 3 monthes of the year I got a part time Job. I didn&... |
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 TAX REFUND Question.........? |
| Can I change the Account I have my money going to if its not there yet?... |
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 According to this new Tax Cut Rebate plan, how much will I likely get? |
| We are a married couple with 3 children, but because of our income level, under 50,000, we end up getting everything back on our income tax return. Does this mean we only qualify for the $300 rebate ... |
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 Is it true that the tax rebates that they are planning to send out in May is not free? |
| I heard that whatever money we get with the rebate this year are part of the taxes we are paying for this year. In other words, the rebate checks are basically an advance on your 2009 refund. The ... |
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 Shoot! I did my taxes too soon!? |
| I just filed my taxes at H&R Block and forgot I held another job for a month early in the year. I just got the W-2 mailed to me and now what am I supposed to do? Am I in trouble?... |
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 Why haven't I got my stimulus check? |
| My check was scheduled to be in my bank account on May 2nd I have still have not recieved it I dont owe back taxes or anything just wondering why its so late.... |
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 Will the 'rebate' check really do anything to stimulate the economy? Or is it just welfare for tax payers? |
It's disturbing to see the SAME folks that don't want 'welfare' for the poor,eagerly await their handout from this corrupt govt.!
The poor and disabled won't see a penny!... |
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 I have tax question.? |
| My friend is disabled. She does not work. Her fiance paid more than half the cost of keeping up her home and she has lived with him for more than half year. I read that there is an exception if the ... |
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 Should I still file my taxes even if I am past the deadline and did not file for an extention? |
| I am late to file my taxes because I fogot about it and did not file for an extention. Should I still file my taxes? Incidently, I don't owe anything and live overseas. But I think the ... |
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 Married filing separately, but denied deduction for my wife. Why? |
| My wife is a nonresident alien with no US income and did not file a return. I filed as married filing separately, claiming her as an exemption and taking the standard deduction. Now I got back a ... |
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Agnes K | How much can you make in income after you start drawing social security? |
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Mathew
 |
You can make as much as you wish. If your income other than SS benefits exceeds a base amount of $32,000 if filing as married filling jointly or $25,000 most other ways ($0 for MFS and living together) the SS benefit will be subject to income tax. From 50% to 85% of your benefit will be taxed at the same rate as your ordinary income. The calculation as to what percent applies is a little complex for this forum and is normally done very well by the computer program on which your tax return is prepared. |
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Gerry
 |
65 or older...no limit
62-65....less, but I don't know how much |
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althegrrl
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If you were born January 2, 1941, through January 1, 1942, your full retirement age for retirement insurance benefits is 65 years and 8 months. If you work and are full retirement age or older, you may keep all of your benefits, no matter how much you earn. If you are younger than full retirement age, there is a limit to how much you can earn and still receive full Social Security benefits. If you are younger than full retirement age during all of 2006, SSA will deduct $1 from your benefits for each $2 you earned above $12,480. |
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JQT
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If you are single and over age of 65, you can earn up to $9450 without filing for federal tax.
For other filing status, look at the table in Chapter 1 of IRS Publication 17, http://www.irs.gov/publications/p17/ch01.html#d0e1373. for the filing requirement that matches your situation.
However, if you don't mind filing tax returns or paying taxes, then you can make as much income as you like.
Regards. |
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Dee
 |
Any amount if you are full retirement age. If you are not full retirement age I believe it's about $13,000. |
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zahbudar
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Sir or Madam:
I believe that this maximum amount is calculated on a sliding scale depending upon a number of factors specific only to your particular situation. You need to contact the nearest Social Security Office and ask them directly about your specific case. Some income such as military pensions, and investment income may be excluded.
In any event, once you reach the target amount of income that you are permitted to earn while on SS Payment rolls, you will then have 50 cents deducted from your next SS payment for every dollar you earn above that maximum amount. The SS Administration uses your W-2's, your Quarterly Tax Return (if you file them), and your Yearly Tax Return to determine when you have reached or exceeded the maximum allowable income figure. So it pays to keep a close watch on things so you don't owe a hefty figure to them. If you do not repay them, they will deduct the funds you owe them from your future SS checks. Isn't that dandy.
Just when you thought that you had something you could depend on in time of need, there is some new guy with his hand in your pocket again...
You might also want to consult a qualified accountant or CPA to obtain suggestions for legal avoidance of those penalties. |
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cinderjo
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I thought they took that cap away, probably depends what kind of ss you are on. |
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nova_queen_28
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After age 65 you can earn any amount and still collect. BUT I recall there being a sliding scale as to how much of your SS is taxable if you earn other income. |
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