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 Does any one even know what a 1099 int statement is ?
...


 Told don't have to file. Need answers quick.?
I did not recieve any 1099's or W2 this year as I barely worked. A little freelance, $4000.00 approx earned. I have a bank interest statement, a house interest statement and proof of money ...


 Taxes refunds?
Hi, I have a question about taxes refunds, I'm not a resident in the USA, I live in Mexico but I usually go to Arizona to do some shopping according to the season, recently someone told me to ...


 What do yo have to do to have your tax refund in a week?
Is it true if you file electronically on a monday or tuesday you'll have your IRS refund in one week with direct deposit?...


 VAT question?
i was just looking in a catalogue and each item has the price with the vat and without out the vat, can i just ask, i know iam a bit thick but when paying vat on these items do u pay vat on each item ...


 Do you think that the income tax rate should gradually reduce for older people?
I'm thinking of a 25% discount between 60 to 70, then 50% discount for over 70 etc.

Is encouraging older people to continue working this way good, if they want to work?...


 I didn't receive a W2 from one of my jobs last year which has cost me the 300 dollar stimulus package?
And since the place has changed owners 3 times since, I have not been able to track it down and receive it. The owners were very shady and they have not returned my calls pleading for a W2. I know ...


 Is filing taxes online idiot proof?
i wanted to go online and try to file this year, but i've never done it before and i'm afraid of screwing up. please help, i'm young and dumb. :)...


 How is it possible for you to owe the IRS money if you were unemployed during that tax year?
I was unemployed during the 2006 tax year. I did not file a tax return for that year. I just recieved a bill owing the IRS taxes with penalty charges. How is it even possible I would owe the IRS ...


 Do you have to pay council tax if you are living on your own and under 18?
Hi

Do you have to pay council tax if you live on your own and are under 18? Or is it only single persons discount you can apply for?
T...


 What is income tax used to pay for(UK)?
I understand that NI tax is used for the NHS and Welfare when u become unemployed or sick.
council tax is used for schools, home helps(this should be under NI as it is health related), refuse ...


 If my grandmother gives my dad $10,000 as a gift each month, what will my dad have to pay in taxes?
My grandmother has recently discovered gas on her property, and is generously dividing her monthly EOG checks between her children. Each month, she is giving my dad (and each sibling) about $10,000. ...


 Do i have to pay tax if i just want to sell a couple of things for profit on ebay?
Ok, so i've bought some stuff which i thought was an absolute bargain and i want to sell it on to make a bit of profit. Do i have to pay tax on the profit i make?
This is just a one-off ...


 What is the best software to do others taxes?
I recently received my tax preparation certification and I was wondering is there any software in particular that would be a good ideal to do other's taxes. In the past for friends and family, I ...


 I think we need real tax reform, get rid of income tax, disband the IRS and go to a flat tax, who's with me?
...


 If my partner goes to work?
and earns £680.00 per month and our rent is £290.00 per month plus council tax and we have a child id stay at home how much working tax credit and housing benefit could we get
Additional D...


 Will the irs withold a percentage of stimulus payment for back taxes, or will they keep the entire rebate?
I was told that the irs will only keep a certain percentage of my rebate due to a 2006 tax obligation....


 If I filed my taxes- and claimed myself- what effect will this have on my parents return?
For the past 21 years my Dad has always claimed me...I always e-file, (for the past 4 years) but never checked the box to claim myself- this year, I don't know if I missed it- but I filed ...


 Are UK parking tickets tax deductible?

Additional Details
Sorry, I should have been more precise. I was talking about tickets incurred by a company's delivery fleet....


 Should females pay more tax than men?
When they are single their boy friend buys the drink and picks up the tab.

Girls are not required or expected to buy expensive items like houses and cars whereas men are required to do so (...



g02082006
I am a single mom and just went back to work i have one child 10 months what should i claim on w2 1-2?
i am also head of house hold..
                     
 




TaxMan
On your W-4, you probably can claim at least 4. However, I suggest using the worksheet on the back of the W-4, or going to the IRS link I listed below. Depending on your income, you may get EITC, Child Tax Credit, and other credits that will lower your tax liability....maybe all the way to zero. In fact, you may actually not only owe no taxes at all, but you may get a refund. Since you didn't tell us your expected income, I can't say for sure. If you went back to work at Walmart as a cashier, that is much different than going back to work at Walmart as a Pharmacist.

As far as Head of Household, you could claim this if you are paying for over half the costs of where you live (rent, mortgage, bills, food) for you and your child. If you live with a parent who pays for most of everything, you should file as single.


i8thr2
Claim 2. also u can get the credit for head of household in most cases. There are tax credits you may qualify for on both your state and federal returns. If you cant follow the instructions for claiming, then take your taxes to a paid preparer, such as H R Block. You'll more than make up for their fees, if they can get the tax credits for you.


big bad momma
claim one and at the end of the year claim two.this way you know you wouldn't owe uncle sam a dime and he'll have to refund you some money.you will get a decent refund back claiming head of household with two dependences,lovely


lucee
Rating
On your W4 at work, claim 2, one for you, one for your child. Then when you file your tax return, claim Head of Household. Also keep good records on what you pay for child care while you are working.


littlefreedom
Rating
I always claimed: me, my child, and head of household = 3
Always worked for me.... I never owed at the end of the year. Don't forget to keep receipts for your childcare.


mattapan26
1 for you, one for the child, then figure if you should take another if you are paying mortgage interest, real estate taxes and state income taxes in sufficient amount to equal another exemption.


curmudgeon
Rating
Definitely 2.


southernn_sky_2020
Rating
If you want a nice refund at tax time then claim 0 this means you have less money each week and yes uncle sam gets interest from your money .If you can budget for less each paycheck this is the best way to go .If you want a slightly bigger paycheck then claim 2 but your refund will not be as large ..I myself claim married and 0 I also have extra money taken out each pay period this way I know I will get a refund and personally I don't care if uncle sam gets my interest this is a sure way for me to have a refund.


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