 Why can't we make personal property tax illegal? |
| Shouldn't we be able to just buy a home or car without being taxed just for having it? It seems really messed up. I know the state needs money, but thats what sales and income tax are for. So ... |
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 How come they don't take my ex's refund or stimulus check when he is ordered to pay child support and he has |
| $5000 in back due child support? I know alot of people have asked this question and are answered with yes they do take the refund and stimulus check if there is back due c.s. But they have never ... |
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 Does anyone know if you can file a BK chapter 7 on back taxes? |
| My husband owes back Taxes from before we were Married, in the sum of $ 30,000. We are having trouble getting on top of this debt, someone told me we could file Chapter 7 on this , if not has anyone ... |
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 Cain I claim family on tax returns? |
| My sister and her two children have lived with me the entire year of 2008. She is not working, but gets some assistance from the state and student loans to go to college full time. Both children ... |
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 If I make a donation to a charity before April 15th can I use that against last years income taxes? |
| We are donating a used car to a charitable organization. If it is done before April 15th filing deadline can I use it against 2006 Tax year's income?... |
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 Do my parents have to claim me on taxes? |
| I am 18 and i'm living at home but I have my own car, pay my own car insurance, pay my own cell phone bill, and I go to a community college that I pay for myself. Next year I probably won't ... |
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 Free Tax Filling? |
Does anyone know a secure site where I can get my taxes done for free?
Thank You!... |
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| Can I claim a child if he dont have a SS#? |
Additional Details
He was born in Canada..and now living in America, but is waiting on a SS#? His baby sister got a temporary #, but we are still waiting on his to come through...... |
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 When the hell will I get my tax return? |
| I filed on march 26th with h&r block. I knew it would be a while cause I filed multiple years. Its now been 9 weeks and I still havent seen my return. Should I be phoning the CRA?... |
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 Could somebody tell me how much i get back? |
Last year i made 4200 and paid 695 in taxes and also paid 1000 for college out of my pockets, that i think is deductible expense. Could somebody tell me how i get back???
T... |
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 Why have i not recieved my stimulus check? |
| i filed my taxes and got my return, im a full time student with a part time job my last 2 digits of my SSN are 35 and my regular tax refund was direct deposited into my account. my whole family has ... |
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 I´m selling my house in Spain and want to know the best way to transfer money from the sale without paying tax |
| I live in Spain but want to move back to England (no, I´m not mad! I have my reasons). I want to sell my house here and move the funds raised to a bank in England. How can I do this without being ... |
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 Do I have to depreciate the new carpet and vinyl flooring in my rental property? |
| This was more a repair than an improvement since my condo is built right on the slab and I HAVE to cover the floors with something. The old carpet & vinyl were 20 years old and basically in ... |
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Anonymous | How much money do you have to make in a year to need to file something with the IRS? |
I've made all my money via independent contracting and AdSense on my web sites, so it's all self-employed. I don't think I've made enough to need to file something, but I figure better safe than sorry. |
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Isabella
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anything more then $6000.00 you have to file. |
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ninasgramma
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Self-employed individuals with net income from Self-employment in excess of $400 must file a tax return. If you want to be better safe than sorry, file anyway, since the IRS will have any 1099s that have been issued to you. |
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waggy_33
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If you have more than $400 of net income from your self-employment activities you will have to file and pay self-employment tax.
Assuming you are single and living at home you will be able to take a standard deduction of up to $5,150 limited to your earned income shown as self-employment income or wages. If your income is above the $5,150 you could owe an income tax also. Since you are claimed by your parents you may not take your personal exemption. |
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Judy1
 |
ninasgram and waggy are correct - since your income is from self-employment, you have to file if you've made $400 or more. Even if you don't make enough to owe income tax, you'll be responsible for self-employment tax which is 15.3% of your net income - this is for social security and medicare. If you had been working as an employee, your employer would have deducted your share (half) of this amount, and the employer would have been responsible for paying the other half. |
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Wyatt B
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If you're self-employed, you need to file quarterly estimateds. Even if you've made below the poverty line, it's good to file, since you can get a refund. |
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edgar
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Any money you make needs to be reported. When i was 16 i had a summer job and made $1500 and i reported and got a income tax refund($70 lol). |
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mumtuz
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if you made 0.00, you still have to file if your self employed, and if you made something you'll have to pay because no one has paid your SS tax, unless you have done it, which should happen quarterly. you may not have to pay income tax though, if you made under 14,000 or something, but SS tax has to be paid. good luck |
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r_a_i_n_m_a_n_5_9
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One dollar in income is all it takes to be required to fill out a tax form. As for being responsible for paying any tax, it depends on how much you have paid upfront. Being self employed, you should be filing quarterly with the IRS. Check with an accountant or www.IRS.gov for rules. |
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