 Why do you get child tax credit, just want to clarify? |
| basically i stay at home with kiddies and hubby earns too much for working tc, so i've always thought the child tc was just cause i have 2 kids. is that right? i mean if i had a pt job would it ... |
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 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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lol | How would I save money on taxes from this damn gov? |
ok here is the scenario:
My gross pay per year is $70,000. After taxes I receive only $2000 every bi-weekly. So gov is chewing off about $695 every bi-weekly from my paycheck.
(1) I am single
(2) I don't own house
(3) Fed allowance I claim is 1
I am sad and crying, please help!!!!!!!! How would I save money? Will I get money back at the end of the year?
Additional Details
Is Bush democrats or republican? |
 |
 
Rob D
 |
Vote Republican. |
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Mazz
|
Quit wining.
Invest in a 401-K, the money is pre-tax, and they will charge less taxes off of your check.
2) I claim single-1 on the Fed, Single and 0 +$10 extra on state, and end up getting back about $300 from both every year. Cali is notorious for underwithholding on your taxes. |
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Suzianne
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Don't expect the current Congress to reduce your taxes. They are busy trying to reverse the recent tax cuts retroactively.
Your best bet would be to marry, buy a house and consult a financial adviser.
Good luck with that! |
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VirtueOfIntolerance
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I have 3 kids, a wife and a mother in law to feed,house,provide for. my gross pay is just over 40K and my biweekly paychecks are in the 1500 range so quit crying.
Things you should do to save on taxes would be:
- get married and have kids (just don't do it only for tax reasons)
- have the maximum allowed amount deducted from your paycheck to go to your 401K or IRA or whatever retirement plan you find. (if you don't have one, get one).
- Buy a house... You're making 70K and not buying a house? what the heck is wrong with you? I wish I could afford to buy a house. It might not be the best tax break, but it's better than nothing.
- Do you pay for student loans? the interest is deductible
- Give more to charities
And to second Rob's answer.. vote something other than Democrat/Liberal. Enjoy your lower tax rate while you can because next year they'll be raising it for sure since the
Demo-Tax-a-crats are back in Congres. |
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growing inside
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Are you sure that $695 is all taxes? You don't have health insurance? |
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Jack D
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First, make sure you are getting every legit deduction. Try one of the tax prep programs that has "what if" info. You may discover some new ones.
If you received a large refund last year with similiar income, you are allowing too much withholding, so you can increase your number of dependents on your withholding declaration and receive the income during the year instead of letting those swine in Washington use your money interest free until you get it back as a refund.
Owning a house would help greatly, if it is at all feasible. Another possibility instead or in addition would be to acquire a rental property. Even if you only break even on it, you can depreciate it against your current income. For example, a 100K rental depreciated at a 15 year rate would give you a 7K tax deduction. |
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wish I were
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Always claim 0 at your work, they take more out of each check, but you don't end up owing at the end of the year. Change your claim at work to 0. Think about buying a house, it would be a good investment and you get to deduct the intrest you pay! You are getting nothing from renting, except receipts!! |
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Josher
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I would recommend cheating. People rarely get caught and you can get almost all your paid taxes back if you do it right. |
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