 What can you earn a year without paying tax? |
I know you can earn a certain amount, after that you have to pay tax.
Additional Details
Thank you :D... |
|
 I live in Oregon and I can't afford to pay someone to do my taxes? |
| And I have never done them before myself. I had a tax preparer do my 2006 but when she was finished I couldn't afford to pay her so she filed an extension for me. I don't know what to do ... |
|
 How should my wife and I setup our W4 withholdings to minimize paying the IRS at the end of the year? |
How should my wife and I setup our W4 withholdings to minimize paying the IRS and avoiding a refund?
For tax year 2006, my wife and I both had "Married +1" on our W4s. Now after ... |
|
 That damn IRS? |
Was it me or has anyone else had there income tax check snatched away by creditors....
It really hurts, that was money spent
I'm talkin like $2400,,,,... |
|
 If IRS owes me money can I still file taxes late without filling for extension? |
| I changed my marital status in FY 2007, but my wife is not in US and she will be coming to US in July. I wanted to know if I can file taxes later in the year (say in July) without actually asking for ... |
|
 I sold home last year, I'm single and owned it for three years - profit from sale was 45k, is that taxable? |
| Do I have to report the money I made (45k) from the sale of my condo which was my main and only residence when I file my income taxes? I owned it for almost three years and I'm single.... |
|
 Would you take? |
would you take a 50 cent pay cut per hour if a job was offered to you and it's a 2-3 minute drive from your home.Or continue to take a 30 minute one way ?
Additional Details
dang, I ... |
|
 I work 800 miles away from my house, are my expenses related to working away from home tax deductible? |
| I am a permanent employee and not a contractor-I fly home frequently and incur additional living expenses.... |
|
 Shouldn't H&R block now if you owe back taxes when you file your income taxes? |
| We filled out our income taxes, was told we would get our income taxes within 1-2 days on that dumb *** card but now we find out that the whole return was taken because of something that happened 2 ... |
|
 How many years do you have to file your tax returns? |
| I'm scared. I haven't filed tax returns in a long time and was wondering if I could still file them, even though a few years have gone ... |
|
 Do you have to pay just to talk with someone at LibertyTax, H&R block, etc? |
Additional Details
I am going to be paid $50 a month through cash or check for a family to do some light housecleaning and watch her children. How do I go about filing taxes and how ... |
|
 What can i spend my social security survior benefits on? |
| I'm 17 and my father just passed away this year. However, I had been planning a trip to Japan with my friend. Can I use the social security money I get monthly for this?... |
|
 Is it possible to have my tax refund in 2 days if I file on Jan. 11? I have my W-2 and direct deposit.? |
Colbert and Ball says they can get my tax refund back to me within 2 days if I file with them using my W-2 forms on Jan. 11th. Also I will be using direct deposit.
So, is it possible for ... |
|
 Aren't Tax Credits delightful? |
| I returned to work this time last year and for the first time ever was entilted to help with childcare and tax credits. The sum I received a month was just enough to cover my childcare and topped up ... |
|
|  |
Ren Brown [OFFICIAL] | I Have A Job That Pays ALOT. I'm 16 going on 17 years old. What taxes am I supposed to pay? |
And when do I file to pay them?
I just want to keep myself out of trouble with the IRS. Or whoever keeps track of my money.
Additional Details
BTW, I live in Dallas Texas. |
 |
 
MukatA
 |
1. Your income will be self-employment income. On your tax return it is to be reported on Schedule C of Form 1040 to figure out your net profit.
2. You must keep track of your gross sales and expenses to figure out net profit. This net profit is subject to Self Employment tax @15.3%. For this you will file schedule SE (Form 1040) with your Form 1040.
3. Open a bank account exclusively for your business activity. This way you can easily keep your personal and business expenses separate.
4. You must file your tax return form 1040 before April 15, 2008. Your filing Status is Single dependent, unless you are paying more than half of your support for the year.
5. At appears that this is your first year. But in 2008, you need to take care of making estimated tax payments also. |
|
123456789
 |
One thing no one has mentioned yet:
THERE IS NO STATE/LOCAL TAXES IN THE STATE OF TEXAS.
Just saw your additional comments you are self-employed. As long as your net profit is above $400, you MUST file. You might also need to make quarterly estimates. Use 1040-ES to determine to correct amount to send in each month.
The federal tax return is due April 15, 4 months after year-end. You may file a 6-month extension but be advised this does not relief you of any additional tax liability. |
|
Charlie & Angie G
 |
You will have to pay income taxes on you wages over $5350. Fill out the worksheet on the W4 form if you need help call 800-829-1040 to have the proper amount withheld so you won't owe. |
|
Judy1
|
You'll file a tax return on a 1040 form with a schedule C or C-EZ, and a schedule SE attached. The return is due on April 15, but if you are going to owe over $1000 total, you need to be making quarterly payments.
Depending on where you live, you probably also have a state income tax, and maybe local income tax. Those are usually due on April 15 also. |
|
raven44012
|
OK, I'm assuming your employer doesn't withold the taxes. Federal is around 22%. State and local varies and you can find that out easily online.
Normally, if the employer doesn't withhold taxes then you should file quarterly. More than likely tough you would file a 1040EZ so you should be OK. All tax forms are due in on April 15th. |
|
brina
|
you pay allot, they should come off your pay cheques then each year at tax time (youll know because everyone will be talking about it on the radio) you file your taxes using a slip they give you from work telling the government how much you made that year and how much you already paid, you may have a small amount to pay at that time or they may give you a rebfund if your company over paid for you. |
|
Hank Roitman, EA
|
Without knowing exactly how much "a lot" is there are too many variables to give you any kind of useful answer. Do not put too much stock into the previous answers.
You say that you are self-employed. Will you be spending money to produce this income? Using your car? Computer? |
|
G.V.
 |
You pay federal and state taxes. You usually file on or before April 15. |
|
Kazuki643
 |
u would have to tell us how much a year u make. what do u do to make alot of money so young? my store is closing down at the end of the year that i work at and need some money. |
|
Beverly C
|
Your employer should have given you a form called a W-4 upon hiring you. This form is used to take taxes from your pay for the state and federal according to how many dependents you claim. If your employer did not provide this for you then you need to speak to him about the matter. You are required to pay state and federal taxes with any employment unless self employed they have the option to pay quarterly this is set up with the irs. |
|
Leather and Lace
|
Your employer should withhold taxes and in early February you should get your W-2 and you have to file by April 15. |
|
hollister.brittany
|
idk |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
12 | 18 minutes(s) ago
| | | |
12 | 21 minutes(s) ago
| | | |
12 | 24 minutes(s) ago
| | | |
12 | 25 minutes(s) ago
| | | |
12 | 33 minutes(s) ago
| | | |
12 | 47 minutes(s) ago
| | | |
12 | 1 hour(s) ago
| | | |
12 | 4 hour(s) ago
| | | |
12 | 7 hour(s) ago
| | | |
12 | 9 hour(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
