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 Did George W Bush Destroy the Stock Market?
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 Will i get a tax refund? i been unemployed the whole year?
ive earned 10725 dollars on unemployment ive held back 10% 1092 dollars will i get anything back
Additional Details
ive got 10,725 in benefits on unemployment i held back 10% 1,092 ...


 I just found out my husband hasn't been filing taxes, am I liable for this since I haven't been working?
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 If you don't owe money do you still have to file your taxes before midnight on april 17?
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 Do deposits to your bank under $5,000, be it cash or money transfer online, get reported to the IRS?
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 Can I claim child support I payed out every week as a deduction on my federal & state income tax returns?
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 2008 tax rebate? So i have a question, my husband and i filed our taxes electronically?
we used turbo tax and had it direct deposited into our account. when they IRS released the dates of when the rebates would be sent out we were suposed to get it on may 9th......... then they said ...


 I need my babysitters social security number and she won't give it to me, how can I get her ss# for taxes?
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 Does anyone know how to figure out your yearly income based on your hourly wage?
I'm trying to figure out mine on the calculator but am obviously not doing it right....


 What paperwork do you need to keep for taxes? what bills, ect?
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 Help! Still no tax refund! Filed 2/7, Accepted 2/8?
I still have not recieved my tax refund! I filed on 2/7, my return was accepted 2/8. I checked my status online last week and they posted that I would receive it by the 20th, then I checked today and ...


 Name a good that you?
name a good that you have to pay local, state, and federal taxes on....


 My pay stubs says exemptions 0 what does that mean?
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 Do I qualify for a stimulus payment?
I am18 and am filed as a dependent on my parents tax return. I have a job tho and filed a 2007 tax return. Do i qualify?...


 Why do I still owe? How can I fix this?
I claim 2 allowances. i just rechecked the W-4 and this should be the correct amount. I am a single adult who claims myself and have only one job. This is covered in the first 2 lines. So I beleive I ...


 Does my 16 year old son have to file taxes if he only made $1500?
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 Is signing bonus money earned income for tax purposes?
We got a signing bonus and relocation expenses at the end of 2007. Is this considered earned income for the earned income credit, or should I not apply for the earned income credit? This is the ...


 My mum wants to giv me and my sista 10000 each how do i find out if we or she has to pay tax on it?
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 Can someone do my taxes for me pleeeeease????
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 My parents just died and my question is, is there any taxes on what is in the estate?
that I will have to pay.
They have $100,000 in stock
They have $100,000 in a savings account
They have $100,000 in a money market IRA
They have a condo that we will be selling at ...



Nita
I don't work, I only receive about $5000 for social security disabily do i have to report taxes?
Do i have to report it to the IRS?
                     
 




bostonianinmo
No, SSD is not taxable if it's your only income.

(The amount of downright bad advice here sometimes amazes me!)

Folks, if you don't know what you're talking about and are too damn lazy to look it up, please keep your BAD advice to yourselves. It's far better to be thought of as an imbecile than to open your mouth and remove all doubt.

Not only is SSD not taxed, if an individual has less than $8,450 in total income no return is required and no tax is due. So even if it was taxable, no return or tax would be due anyway.


Rob
Based on the information that you provided you do not have a requirement to file a return.
But you may want to file a 1040EZ-T to claim the Telephone Excise Tax Refund that is available to anyone who has paid for long distance service. The amount of the refund is based on the amount of exemptions (people that would be claimed on the return if you needed to file)
Just read the attached link to see what you have to do to claim this. This is from the IRS website
http://www.irs.gov/newsroom/article/0,,id=164032,00.html
for more information call the Internal Revenue Service at
1-800-829-1040


fyrstar1234
Yes you do. It is an income. If you do not you will have a penality.


Judy1
Rating
No you don't. Pay no attention to the other, incorrect, responders.

If you only had $5000 income even if it was from a job, you would be below the limit to have to file a tax return.

Since there are so many wrong answers here, if you are still worried, call the IRS and ask them.


Lynn K
Rating
Yes you have to report your income even though you won't likely have to pay any tax on your earnings. But remember that some government benefit programs are only accessible if you have submitted a tax return. So it might be a nuisance but you could end up being glad of it later.


Xiomy
Rating
yes, unfortunately.


Jadalina
You need to report it because if you don't, they can come back on you in 10 years and claim you didn't report your income. It's something like 3 years for the IRS to audit filed claims, but there is no time limit on unfiled years so if you don't file, they could come knocking 20 years from now if they wanted. Then you'd have to prove that you only made the $5000 that year. Big pain in the butt. Much easier to just file it now, and never have to worry about it again.

This is the IRS you're dealing with, they dont' play nice. I didn't file for 2 years while I was out of work and making NOTHING, and I'm getting raked over the coals now trying to prove that I really didn't make anything, because I didn't bother to file those years. You may not owe, but file it anyway.


john b
Yes, every American taxpayer must report all wages earned tax free or not.


hah
Rating
For sure, also unemployment needs to be reported, go figuire.


Chris C
Unfortunatly, due to a bill that Al Gore put through, you are required to pay taxes on social security.


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