 If my boss didn't give me a W-2 for babysitting for him on the side, do I still have to report the earnings? |
My boss did send me a piece of paper with the total earnings of babysistting along with my W-2 for working my regular job.
Additional Details
It was about $1,000 I made babysitting. I ... |
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 Do I have to report taxes when recieving check from employee in another country? |
| I have been offered a job as a personal assistant for a company that is based out of china and I live in the u.s.a. They plan to pay me $500/week but I don't think they are deducting any taxes. ... |
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 My ex-employer will NOT issue me a 1099. How do I report the income? |
| It is a rather sordid tale. I received payment for work I did in tax years 2006 and 2007. It was completely under the table with very few records. I resigned when I discovered illegal activities (... |
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 I have just recieved my Council Tax demand,should I let my dog eat it ??? |
Additional Details
Ps. No dogs where harmed in the making of this question ;-D.... |
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 Why haven't I received my tax stimulus check yet? |
| My social ends with 00 and I have my taxes direct deposited. Why havent I received my deposit yet? I thought they were going into the direct deposit accounts starting Monday.... |
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 How many Newborn & Baby/Parenting regulars, or former regulars, are in our possee? |
| I'm taking role call. As some of you know, I am a former TC in that section, and I think that some of us are living proof that we're not all hormonal, humorless, whiny wenches (much).... |
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 Denied RAL from H&R Block? |
For the past several years, I've applied for, been ACCEPTED, and received my tax refund through a 1-2day RAL with no problem what so ever!!
On Thur, Jan 15th, I filed my taxes, and ... |
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 Can my mother use my brother as a tax dependent. He is 35 yrs old and has been in jail for 5 years? |
She pays any outside fees needed as well as lawyer fees used for appeal process. She pays out about $4500.00 a year.
Can any of this be written off. And is there anything else that she could do. ... |
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 Yesterday I found out I had been overpaid for over a year. My boss says I will not need to pay it back.? |
| I work 10 hours over a 2 day period, yesterday I found out I had been overpaid double the amount. I had been getting 368 pounds instead of 184 pounds, my boss says I don't need to pay it back ... |
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 My stepdaughter is 20 and she says she needs our 1040 tax form for her fin. aid.? |
| Is this normal? I don't know how comfortable I am making copies of our taxes and giving it to complete strangers and why is this necessary if she is an ... |
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| What about claiming a child on taxes when you pay child support? |
My boyfriend pays child support for his daughter, and he never sees her and he never talks to the mother of the child... (not by his choice)
He pays $300 a month, and they are recently ... |
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| What can I do if I have never filed taxes? |
| I am 36 years old, I have been gainfully employed making $150k plus per year for the past 11 years and I have never filed taxes, I am a W2 employee, and taxes get taken out of my on a monthy basis, ... |
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 How long do you have to keep paper records of your bills for tax purposes? |
| I would love to be able to shred a lot of the old ones. I have no storage space to speak of. I get a lot of my bills online and in paper and I am a little hesitant to just go paperless...... |
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 Has anyone received there Stimulus Check yet? |
| I have heard that people are starting to receive there Stimulus checks is this true?... |
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 Who thinks like me about the smoking ban in the uk? |
| I think that there won't be a smoking ban in the uk for very long because the goverment will lose too much money by doing this because less and less people will stop buying ciggarettes etc and ... |
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 P45: Can I claim I lost it? |
Dear all,
I am a very educated person, but unfortunately credit crunch has affected every position in the banking sector. However, I managed to get hired at Starbucks as a Barista. I am ... |
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stepp wife | (Hypothetically) If i where to win a house worth 2.5 million how would i pay the taxes and everything.? |
If you win a house or something that you dont want to sell and you where responsible for all the taxes and everything, How would you be set up to pay that. Would you be put on payments or what. That would be like 240,000 in taxes. How do they expect you to pay that. |
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million$gon
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Yes, a lot of tax,
sell it, put the money in some secure investment with dividends, and live off the dividends and interest and live a comfortable life in a nice but normal house, and travel a lot too, instead of being stuck at home all the time in a big, snobby, lonely house. |
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Cammie
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If you win something that you cannot afford, you sell it. |
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Paulette
 |
That is YOUR problem not THEIRS. You need to put it on the market since you cannot afford maintenance and financial upkeep. Big houses do not keep themselves.
Put it on the market and then buy a more afordable house after the big one sells. |
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Jazz
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Sell it fast and buy a house for 1.5mil |
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Judy1
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Unless the prize included a huge amount of cash to pay the taxes (and that money would be taxable also) most people would have to sell the house to pay the taxes.
Taxes on 2.5 million would be close to a million dollars. You would not be likely to get put on a payment plan for that kind of money - it's way beyond the ability for most normal people to pay. If you didn't sell the house to pay the taxes, the IRS would likely seize it, sell it for you, and apply the proceeds to your debt. |
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Barkley Hound
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Even getting a mortgage for the taxes would be too high.
BTW: The taxes would be closer to $950,000. Even if I paid the income tax I couldn't afford the property tax or upkeep. |
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Steve R
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Take out a mortgage on the house, but most people would sell the house. |
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magooi1234
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Most people would sell their present house and use the money from their house to pay for the taxes. The HGTV dreamhouse is something like this. They give the person alot of extra money to pay for taxes. Many won houses are in places where the taxes aren't that high. |
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