 Can I get a tax credit somehow for the child support I pay? |
| I have joint legal and physical custody of my son who I get almost 50% of the time. She claims him as a dependent on taxes. Since the "child support" reduces my income by $6000 a year, is ... |
|
 Petrol Tax? |
With the increase of fuel prices all over the world and spacificaly in Great Britain.
Why doesn't the gorvernment try and step in and help the people. For intance they must be raking ... |
|
 Unemployment benefit? |
| can you claim unemployment benifit if your wife is working 22hour per week and she gets working familey tax credit as i am unemployed with one child at 14... |
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 Paying bills when made redundant? |
| if you are made redundant and you dont manage to find another job before you leave, how do you pay all the bills? what about credit cards - do you just ignore them?... |
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 What are your plans for your Tax refund/s? |
If you don't want to tell you dont have to leave an answer. This is for the serious of people who get refunds. : )
What will you do with your refund, Give to the church? Use for a down ... |
|
 Anyone manage to get a live person @ IRS yet? |
| If anyone has gotten in touch with the IRS please share it here so we can all be enlightened to the situation i thank you very ... |
|
 Can I claim my Dad on my taxes? |
| I made $22,500 this year. My dad is disabled but doesn't receive Social Security. This is fairly new event so I've been paying his rent every month and buying groceries etc. Can I claim ... |
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 My dad dies this year. I need to file his taxes but don't know any of his employment info. What do I do? |
| I have no clue as to what I am supposed to do for this and can't really afford an attorney. I know one general location of his employment for last year, but can't find anything because ... |
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 Already filed taxes, "expected date" to receive the refund keeps changing...? |
| My husband and I already filed are taxes online. It was excepted on the 19th of January and when I checked the "where's my return" site from the IRS it said to expect it by January 30... |
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 Do I need to file taxes for my second job where I made under $5000? |
| I made $39,100 at my main job but have a weekend job where I only made $4870 for the year. Do I need to file this, too? I am in PA.... |
|
 How much money will I get back on my taxes for having my daughter in October? |
| I live in Colorado, and I've heard that I should get back $3000 for having my daughter this year. Can anyone verify this? And if this isn't the case, can anyone give me details on how much I... |
|
 Does anyone else like the idea of getting a few months out of the year with no taxes? |
| I would love to see the government run with this idea. I believe they won't do it though because during those two months people would realize how much money they pay in for taxes. What do you ... |
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Be nice, or at least funny | I make 41k a year, why am I giving 27% to taxes? Isn't that too high? |
That seems higher than the tax brackets I remember in my college accounting class. If I'm heading for a refund @ the end of the year, how can I get them to take less out so I don't have for the end of a year to get it back?
I live in North Carolina, here is what I see on my paycheck:
Fed Withholding 13%
Fed MED/EE 1.45%
Fed OASDI/EE 6.2%
NC Withholding 6.25%
What is all that stuff? |
 |
 
Jim
 |
You need to claim more allowances on your IRS form W-4. That's the form you fill out for your employer before you start working. Tell your employer you need to change your allowances and he/she should give you a new form to fill out. The more allowances you claim the less they take out of your check. Be carefull though... if you claim too many, you might owe money at the end of the year. My advice is to claim one more than you currently have. |
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Muga Wa Kabbz
|
It is pretty typical for someone earning your pay to be taxed at a rate of 26% to 32% depending on which state you live in. |
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surffsav
 |
What's up with you people telling everyone your salaries. Shouldn't you talk to your accountant about this or are you advertising. |
|
Remember Back
|
If you get a large refund go to who ever handles your payroll, generally in Human Resources, if a larger company, and fill out a new W-4. That will allow you to modify the take home pay. Here are some general tax savings ideas:
1) If you don't own a house and are going to stay in the same place for 4 to 5 years, save up a large down payment and buy a house. The interest payments are deductible and the appreciation in value is yours, not the landlords.
2) Are you taking advantage of your employer's cafeteria plan for benefits, such as health care insurance, 401(k) etc. Many of these expense can come out of your check before taxes, thus lowering your taxable income.
3) Look into traditional IRA and Roth IRAs. Traditional IRAs will save you tax dollars today. Roth IRAs to me are generally better long term for tax savings.
4) Go to the public library and look at Kiplingers Personal Finance and look at the web at Smartmoney.com and Yahoo finance for ideas.
5) Are you contributing to your church or favorite charity. These are generally tax deductible and help good causes that you believe in. Check them out before you give to be sure they handle money responsibly. If they do, you will be making a difference and lowering your tax bite.
6) Alway get out of debt. Let the only debt that you have be your mortgage. Only interest on mortgage debt is tax deductible. When you pay interest to anyone, even your mortgage, that is like giving someone else part of your paycheck. And unlike in #5 above, you aren't helping out a good cause and the only difference you are making is to lower your standard of living. Interest payments are just as bad as a tax. |
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Loxie
 |
What's your problem, you're on a pretty good screw. Think yourself lucky you're not on three grand a year or less like some people are. |
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Angel M
|
personnaly.... i think all taxes is to many! |
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"Vallamkali"
|
If you know how to tighten yur belt and live you can pay much less taxes. Now you can put up to 20000or more away depending on yur age to reitrement a/c. So if you can do that yu are only going to pay taxes for half of your income.
13% is the fed. tax
1.45 is the medicare tax, so after 62 you will eligible for medicare
6.2 is your social security tax
and the last one is yur state tax. |
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job e
 |
quit complaining. I'm in a 40% tax bracket. |
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sunset
|
You will need tax deductions (wife, children to see more back at the end of the year).
The more you make the more they take, just the way it is in the good ole USA. |
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Esmeralda
 |
Don't forget your sales taxes, the taxes embedded into the cost of everything (i.e. 1/2 the cost of gasoline and cigarettes is taxes and its 28% for consumer products i.e. corporate taxes just get passed on to the consumer), property tax (wheather you pay the landlord or the tax agency directly YOU STILL PAY FOR IT). All total its more like 50% or more hun. LOL and some people still want to raise our taxes! |
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rabble rouser
 |
Considering the state of the world we live in... I wish you would pay more...
or at least give me some of that 41k because I educated kids for "No Child Left Behind" and got royally skrewed on my taxes this year... (they make you file a 1099 like it's "extra income") and I made much less than you to begin with... like a fraction...
Your income for the year would just barely pay off my student loans. |
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