 Can the IRS take back my refund? |
| Is it possible for the IRS to take back a refund they already gave me? My husband and I filed a joint return a few weeks ago, with a 3600 refund. The IRS website told me that a direct deposit in ... |
|
 Is my Dad still claiming me as a dependent on his taxes? |
| I have no idea if he is! I'm not even sure if he's allowed to. I'm 23 years old and in graduate school. Would he be allowed to claim me? Is there anyway to find out for sure, without ... |
|
 I worked using what I thought was a bogus social security number? |
| Now I got a letter from the franchise tax board (CA) stating I owe a couple thousand dollars from 2006. That year I made 12K but there are 2 sources of income and I only worked one job. So I'm ... |
|
 What does claiming zero on your taxes mean? |
| I recently started working my 1st job(Mcdonald's..ugh, I know). At work, my employer gave me a W-4 form to fill out. I do not know anything about taxes because I have never had to do them and my ... |
|
 Why is my tax refund lower when my parents claim me as a dependent? How do I stop it? |
| Last year I could have had $800 for my tax refund, but because my parents could claim me as a dependent, I only got $350. This is not fair. They are costing me money! They continue to claim me (I'... |
|
 Is money received as a wedding gift taxable? |
| Recently got married with a significant number of wedding gifts given in the form of money totalling a decent amount. Is it taxable based on the total amount? Or is it based on the gift per ... |
|
 Do i have to file my own taxes? |
| i'm 16, will be 17 on the 25th and i wanted to know if i have to file my own taxes. I only worked for about 2-3 months, i'm not sure if i can still be filed as a dependent on my moms taxes ... |
|
 I am a service man, can I give salary income tax by my own? |
| My private company, where I am working, they want to deduct tax (TDS) from my Salary. Further they ask me to invest in some Bank/LIC/Post Office for tax saving. But I want to give tax by my own. I ... |
|
 I want to know about my future in every respect? |
| Devender Kang 16 Jan 1972, 10:07 pm, Kanpur, India.... |
|
 Can you please check the english below? |
| No rent was received for P Gate for the month of April-06, for current year accounts.... |
|
 How does Marks & Spencer plan to reimburse all its customers who paid VAT on teacakes? |
| Isn't it the end user (the customer) rather than the retailer (M&S) who is out of pocket due to teacakes being incorrectly rated?... |
|
| ... They have my Tax check!? |
| soo Im going through some drama where my aunt got ahold of my Tax check and won't give it to me unless I pay her a 100 dollars.. yes my family is crazy.. anyways is there anyway to ... |
|
| It aint right. I made well into six figures last year and? |
| I'm expected to pay taxes on it. Can't someone else pay that? Am I wrong or wasn't Bush's new tax plan suppose to have all the middle class and poor pay the taxes and give guys ... |
|
 When should I receive my delayed refund check? I was supposed to get it direct deposit on 2/16, but didn't. |
| The IRS website is saying that is WAS direct deposited, but that's wrong. I rechecked my account # and the banks routing # and everything is correct on my e-filed tax form. They keep saying to ... |
|
 Do I need to refile my taxes? |
I found a deduction soon after I e-filed my taxes with Turbo Tax. I already received my refund what do I do? There is a $300 difference in what I received and what I should have received.
<... |
|
 Can I claim my pregnant 21 year old on my taxes? |
| She is on Medicaid. She is not eligible for insurance coverage under my policy.... |
|
|  |
poji08 | I wasn't paid for my holidays the first year of employment. Im now getting it back but its taxed is this right |
I will be getting £377.00 but i don't think i should be getting taxed. |
 |
 
steffi
|
PAYE (Schedule E tax) is due on a receipts basis, when you receive the money, not the period it is paid for. So if the money was due prior to last April 5th, but you are getting it in this tax year, it is taxable now, on this year's tax rates. If you did not earn enough money to pay tax last year, that does not count.
Sorry. |
|
David H
 |
All pay is taxable whether you work and get it or go off on holiday and get it. |
|
gavmel259
|
Why not?? If you earned it as normal , you would be paying tax on it. |
|
dels replies
|
Why not its money earned isn't it ?? You would have been taxed on it if paid to you as holiday pay at the time. wouldn't you... |
|
my16paws
|
Of course you are taxed on it. If you had been paid last year for them would you have paid taxes ?
|
|
Tango
 |
Unfortunately you have to pay tax and national insurance on holiday pay |
|
COLIN T
|
Depends!
I assume that what you are really saying is that you SHOULD have been paid for holiday time last year but were not, and now they are rectifying that mistake.
IF you are a youngster and last year your wages were below taxable level then rectifying a payroll error from last year should mean you should get the back pay untaxed.
IF however, you income last year exceeded the tax free level then had they paid you this money last year it WOULD have been taxed then and will be taxed now.
Holiday Pay is 'Pay' like any other and taxed like any other. |
|
Maid Angela
|
of course you get taxed on everything you get in a year. Why not?? |
|
TARDIS Girl
|
If the money should not have been taxed in your first year of employment, you shouldn't be paying tax on it.
Your best bet would be to fill in a Tax Reclaim Form which you can get from your local Post Office, or contact your Company's Payroll department.
You could also contact The HM Revenue and Customs.
http://www.hmrc.gov.uk/
Best of luck. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 30 minutes(s) ago
| | | |
9 | 44 minutes(s) ago
| | | |
9 | 3 hour(s) ago
| | | |
9 | 5 hour(s) ago
| | | |
9 | 9 hour(s) ago
| | | |
9 | 1 day(s) ago
| | | |
9 | 5 day(s) ago
| | | |
9 | 6 day(s) ago
| | | |
9 | 2 week(s) ago
| | | |
9 | 1 month(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
