 If I spend $500 to raise $10,000 for a charity, is the $500 tax deductible? |
| The charity acknowledges that I raised $10K. I have receipts to show I spent, for example, money to put on a dinner where participants paid $60 a plate. All of that money was donated to the charity.... |
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 I know you can deduct medical bills from your taxes...? |
| Would it be worth it to pay off all medical bills with a credit card before Dec 31st? Would it increase my refund greatly or not enough to make it worth it?... |
|
 How is the cost of living calculated in the UK? |
Hi,
I am confused, ok that's not unusual.8-))
I just heard on the news that the cost of gas has risen by 85% over the last 3 years.
So given that electricity ... |
|
 My wages are never right the payroll mess it up every month? |
| i work the same hours every month but payroll always mess it ... |
|
 Hi, I got my paycheck and it was $600.00 and the withholding tax was, FICA-SS $37.20, FICA-Med $8.70 and? |
Fedral W/H $39.81, State W/H $20.24, Local $9.00, doese any one knows if this is reasonable? and what each one stand for?
My employer doesnt provide Medcare so why still they are cutting FICA-M... |
|
 How do I get my mom to stop claiming me on her taxes? |
(I had to ask this again because I keep leaving info out)
I am 20 years old, I have my own apartment I pay all the bills there, (I do go to her house sometimes for a few weeks), I have my ... |
|
 Can I legally claim that I earn 1/3rd less than my original amount before deductions? |
| If I earn a certain amount of money and have a third of it taken out before taxes for health care, dental, vision, 401K, and a few other things, is my annual income the original amount or the amount ... |
|
 I am having my taxes done by an acct. this year. I was told that forms that are used to file this way costs $? |
Is that true? My taxes are very complicted and I need help no matter what. So for instance filing jointly heard that that particular form starts out as $150.
Can anyone give me more info on ... |
|
 Do you support the Fair Tax? |
I just think it makes more sense. People should be able to keep 100% of their pay check. We should replace the IRS with the Fair Tax.
http://www.fairtax.org/s... |
|
 What does a prospective employer do once they have your previous w-2? |
| I worked for a company that went out of business and have since taken a new job. In order to verify my employment there I need to present them with a W-2. After the company went out of business I ... |
|
 Stimulus check? |
| My last two of ssn is 05 -- I did direct deposit for my taxes -- I was under the impression I would get the check today. Is it true that the IRS is going to put deposits through at 9 am and 1 pm? <... |
|
 Accountants help! Is 10% of your paycheck taken out in taxes not enough or a lot? |
| I'm debating on goin to HRBlock this year. We usually do, but I'm not sure if our return will be worth it this year. One job had 10%taken out for taxes, just worked out that way. $10,000 ... |
|
 Do u file 06 taxes in 08 or 07s? |
my friend says that taxes is a year behide.she say that u clam 06 in 08. is that true? i also thoght is the year be4, like 07 in 08.
what year dose she file now 06 or 07?... |
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City_girl | I have just graduated from university and have a large student loan to pay off. Do i still have to pay tax? UK? |
I have a temp job, so do I still pay full tax on my weekly wage? because when i filled out a form on my first day of work i had to tick a separate box if i was a student of have a student loan. |
 |
 
steffi
 |
I can't see why all these people are offering you loans, when you have a perfectly good one already!
The box you ticked isn't a tax relief claim against student loans. No such animal, I am afraid. That tells your employer to make deductions for repayment of your student loan if you earn over £15000 per annum. I don't quite know how it all works. After my daughter left uni, she couldn't get a job for 18 months. She was only getting jobseekers, nowhere near the £15000 limit, but she got demands direct from the student loan people.
Presumably this is your first job since 06/04/08. Are you on code 603L, on a cumulative basis? If not, contact tax office, and ask for code number to be issued to employer. |
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Oblivious
|
welcome to the real world lol |
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drbarnum
|
Yes you still have to pay tax. |
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LILLY J
|
yes you still have to pay tax, the fact that you have a student loan is just to see how much you have to repay on your loan |
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Becky
|
yep, the tick box is so that they know to deduct even more money from your pay to start paying off your student loan. |
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bud
|
you still pay tax if you earn enough to do so, you have to let the tax office know if you have a student loan because they do get it back eventually. |
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Han
 |
Yes you still have to pay I'm afraid. The minimum you can earn before tax is currently £6035.00 per year.
The box you've ticked means that they will automatically take a student loan deduction direct from your wages, however this is only applicable once you start earning £15,000.00 per year or more.
The amount of student loan taken will depend on how much you earn. If it is around or just over the £15k mark, you can expect the deduction to be approximately £25 per month. Hopefully that doesn't sting too much! |
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GrantMitchell
|
Yes if you are working and earn over the personal allowance of £5225 you must pay tax.
I would imagine the loan tick box is so they can take the repayments out of your wages, they will come off automatically. |
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