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 Wrong social on w2?
does anyone know what forms need to be filed.. or the procedure when your ss# is wrong on your w2? my employer says that they cannot correct it....


 Why do people allow themselves to be overwithheld on their taxes?
By allowing yourself to be overwithheld and then getting a big refund check is like giivng the government an interest free loan all year.
On the IRS website, there is even a calculator where ...


 I own one house, rent 2nd one to live in.i have bought & sold 3 houses this way.should I pay capital gains tax
...


 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.....


 Is it true you can claim your pet dog/cat on your income tax?
...


 If they take taxes out of your paycheck, why do you have to pay taxes on income tax day?
I don't have a job, that's why I'm wondering....


 What if you didn't pay taxes for 15 years?
...


 Does it cost more to have your taxes taken out with your mortgage?
When I pay my mortgage all of my state and school taxes are included in the monthly payment I make. A friend told me that you save a bunch of money if you pay the taxes separately. I think he's ...


 Does anyone know where to find a chart saying when you should receive your stimulus payment from the IRS?
...


 How much was your tax refund last year?
...


 I just asked this question like a half hr ago but only got one answer....?
How much money do you get back per child? I heard that it's 1500 from one person and another person told me that you don't get anything. Can someone tell me please? I am not married but I ...


 Confused about the W-4?
This is my first job and I have to fill out a W-4.
I'm single and 19 years old. My dad said he's still claiming me as a dependent. I think I was asked to fill out exemptions and the ...


 I did a small amount of computer work for someone and that totalled $650. He mailed me a 1099-MISC!!!!!?
Anyway the work was done between 05 and 06. It was such a small amount in 05 that I didn't even report it that year. Federal taxes were never taken out of it either. It was paid out with ...


 How would the irs know?
i know someone that is married and just did her taxes and filed head of household so she would get a bigger refund. her husband is also going to file head of household under a different address. how ...


 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?...



Serendipity
I claim single and zero on my W4. I just found out that I owe nearly $2000 federal! How can this be?
I noticed that my federal taxes paid were exactly 10% of my income. Could this be the reason why? i never asked for a certain percentage to be deducted.
Additional Details
Adding more info...I had one standard W2. Only made $49000. No 401k. No special deductions. My check says 10% next to federal.
                     
 




Steve R
You are in the 15% tax bracket, therefore you will pay about 15% of your income in federal taxes. Your company took out too little. For 2007, change your W-4 to take out additional 5% of your paycheck.


Brianna's Mommy
Rating
Calculate your taxes again. You may have done something wrong.


bostonianinmo
Most likely you have more than one job or you're married filing a joint return and one of you makes substantially more than the other. Or you could have significant income that is not subject to withholding such as self-employment income or dividends and interest.


r2mm
Did you cash out a 401k? Stock options? Did you have other sources of income or more than one job? Do you have self-employment income? None of these situations are accounted for when your payroll withholdings are calculated. If you expect your income to be substancially the same next year, you may need to consider paying estimated taxes each quarter or ask your employer if additional federal income taxes can be withheld from your pay.


REnate
You company either made some accounting errors on your pay or you do not have enough deductions. You make too much money so you might be better off itemizing.


Just Gone
depends on how much income you had. The fact that you are not claiming yourself as a dependent is also working against you.


Tracey G
Seems to me like you make too much money!


bombaybubba
Rating
I'm paying $6K in a few days and need to pay another $2K estimated...not much sympathy from me


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