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 Why should I pay a Tax on my Labor?

Additional Details
OK, if the LAW says that I MUST pay a Tax on my Labor, Labor = Wages, then where is the LAW? Can you show it to me? I work for myself, I do not have my taxes deducted ...


 Why hasn't my refund show up yet?
On there IRS Website where you can check the status of your refund, it states that my refund was direct deposited into my account on April 20th, 2007.

My refund has not shown up on my bank ...


 Are savings accounts taxed like normal income?
For example, if I have $500,000 US dollars and deposit it in an interest bearing account earning 5.0% per year, by the end of the year the interest paid into the account would be ~$25,000. If you ...


 Inland revenue charging me unfairly, what to do?
I have been sent a £100 bill by the IR, followed by another £100 bill and this is because they say I have not sent my tax return to them. I sent it by recorded delivery but they said they did'...


 My dad has not filed his w-2 forms in like 8 years, what does he have to do to fix this so he can file again?
Because i need to file my fafsa and i cannot do it because of this, and i dont have any credit to get loans for college, and its really hard to save money for colege when i have bills to pay, thank ...


 I give money to my mom on a monthly basis but she is in Mexico, can I claim her as a dependent eventhough...?
I give money to my mom on a monthly basis but she is in Mexico, can I claim her as a dependent eventhough she is not an american citizen?...


 I paid federal taxes but used Turbo Tax to file. Will I be getting a paper check? I checked direct deposit.?
...


 Quarterly Tax Payments?
I'm a student who is working a few jobs (2 of which use 1099's). Last year (2006 tax year) I brought in about a $17 tax refund.

I'm planning on paying quarterly tax ...


 Are home improvements tax deductible?
...


 Where can my mum find out her national insurance number?
She now needs it and has no record of where it could be. She has been a housewife for most of her life so it is not on any payslips or anything else- any suggestions would be great, ...


 Whats the penalty for not filing taxes since 2005 until present ?
29k inc, 1 child, head of ...


 Is working 30 hours a week classed as part time?
my mum seems to think so, i dont think it is....


 What Law states the IRS has the right to collect taxes ?
I have not been able to find ONE simple statement from Congress that gave the IRS that right ! Besides, the IRS being an independent corporation -...


 I have a friend who has not filed his tax returns in 7 years.. what should he do?
He was homeless for a while and just gave up on everything....


 Should homeless people fill tax income papers?
Legally speaking, not logically speaking, is it legal to be a homeless people and to beg for money like that? And if it is, are they legally supposed report any income and pay taxes on it? I know ...


 How good is turbo tax??
are there any problems with it? is it fool-proof? we want to do our own taxes this year and were thinking about using it....


 I asked a similar question yesterday, but...?
If I am already making payments to the IRS through payroll deduction, will I get either my STATE or FEDERAL income tax return?...


 First year not doing 1040EZ, What tax form do I need?
This is my first year not filling out a 1040EZ form, and I do my own taxes.

Married Filing jointly, Spouse is stay at home parent.
1st Child born 2007
Under 50k a year
A...


 How many tax exemptions should I have?
I work full time, no kids, no mortgage, no school, no car payment, etc... I dont know what else exempts you from paying taxes. I heard the lower the number the more taxes they take out, but you will ...


 My ex owe me back child support he is not married not filing joint taxes so will they still hold payment?
or will i get it faster than if he was married and filing a joint return?...



Rebecca M
I would like to ask the same question kikarose021 asked -WHAT TIME OF DAY does the IRS transmit rebate to bank
My last two digits are 04 - it is 12:48 a.m. and still no deposit - does anyone know what time of day the IRS sends direct deposit rebates? I am so scared it won't come! I would have thought with such a low number I would have gotten it already!
                     
 




bostonianinmo
Rating
ACH transmittals for tax refunds and rebates run overnight, starting around 6:00 PM Eastern time. How long it takes to make it into your bank account depends entirely upon your bank.

If your bank processes them in real time around the clock it will usually be in your account sometime the next day, often at the beginning of the banking day.

If your bank batch processes at end-of-day (many still do) then it will be processed by your bank the following evening and will be in your account on the second banking day. If the transaction is sent on a Thursday evening, it may be the following Monday before you see your funds since it would be processed with the Friday evening end-of-day run and deposits don't post on weekends.

A few small community banks and credit unions are not on the Fedline system and/or process ACH transactions manually. In that case it often takes an additional 2 to 4 days or more for your refund to post to your account.


silent_11111
Trust me, I'm feeling your worry.
I'm a 03 so I keep checking and nothing shows up.
Also depends on where your bank is based out of. Mine is out in Texas so they're a couple hours behind and as is, can take them a couple of days to fully get everything in the system.

Just relax and ride it out.


Judy1
Rating
Even if the IRS has already sent it, that doesn't mean your bank would have processed it already - that takes time too. If you are getting direct deposit, you should get it today (Friday) sometime. Good luck.


Angela V
i called my bank bofa cause i am scheduled for tomorrow and they have nothing pending for tomorrow only my payroll check. i called the IRS some guy told me they were reviewing mine that there wasa hold...i dont owe any money ..and no child support issues. so i called back got someone else and he told me he didnt see any problems with my refund .....it SUCKS waiting !!


Roger C
Rating
If your bank is BOFA and the IRS did send us a DD, it should be there in the morning around 4am(pst). But you never know. I would think if its not in the bank by 6am(pst) the IRS hasnt sent a DD to you(me). I hope it's there in the morning, just have to wait and see.


TeXaS GaL
I know my bank doesn't post any DD until like 1:15 or after!

Sometimes not even till after 2 am!

Let us know if you get it. Good luck. I will be waiting for mine too when it's my turn! lol!


~::JAEL::~
hey mine is 08 and its only 1107pm here in cali so technically not friday yet but my bank usually posts stuff by 2am i bank with wells fargo but i heard that even though the irs sends it out by friday it might not process with some people's banks until monday it all depends on how fast the bank posts it


Jss
Rating
IRS began the transfer economic stimulus payments from April 28, 2008, and many have already seen the payments in their bank accounts. Those who opted for direct deposit will be the first to get the rebate. Mailing of paper check will begin from May 16. Those with last two digits of SSN between 88 to 99 will get paper check after July 4, 2008.

Those who did not get full tax rebate this year, will get remaining money in 2009 when they file their 2008 return and qualify.

For information on stimulus tax rebate schedule, the eligibility and how much rebate you will get read: http://taxipay.blogspot.com/2008/02/are-you-eligible.html


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