 The best person to help with my taxes? |
| I havent filed for a few years and i know i owe back taxes(the job i have doesnt take taxes out)Anyway I know its wrong and all that thats why im trying to do something about it but im not sure who ... |
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 I have two part-time jobs which gross £4k pa - why do I pay tax? |
I have a main job (10 hours per week), I don't get taxed on this as It only earns me a max £2886.00 per year gross
I have a second job (7 hours per week), I get taxed 22% BR on this ... |
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 Will i get bush's tax refund or NOT?!?!? |
| I am 18 years old and my parents still claim me (up until im 19) and i made a little under 5000 in 2007. i got a notice in the mail on the bush's tax refund showing a chart to kinda help me ... |
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 I would like tax advice, Do i a LAWYER? |
I haven't filed taxes for about 17 years, I don't have records or any idea what i made, The only w-2 i have is 2006,Do i need a lawyer
and if i owe will they settle for my tax return ... |
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 Does everyone understand the stimilus checks are a loan against you expected tax return for the year? |
| This stimilus deal is not a deal when you figure you're going to have to claim it as monies "earned" so to speak. Those of you who got refunds this year might not for 2008.... |
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 Where do you go to get something notarized? |
Additional Details
(I am very aware that its by a notary, I just want to know where to find one)... |
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 Do you have to claim or pay income tax on $10,000 on Inheritance ? |
| I received $10,000 inheitance from my Uncle and wanted to know if I have to claim it on my income tax and have to pay?... |
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 What to do about nanny's pay period that straddles 2007 and 2008? |
| I pay my nanny every two weeks. Her next pay period will be the last week of December and the first week of January. Am I supposed to split that pay period in half and include the December half in ... |
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 How much capital gains taxes will I owe under these special circumstances? |
| I need help. I've done tons of research but neet to know if anyone can point to to a definite answer. I spent 17 months building a house only to find out 2 weeks before closing on it that my ... |
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 Do I have to pay taxes on the sale of a house I lived in for 5 years and rented for the last 2.? |
| This was our first house and lived in it for 5 staight years. We bought a second house and rented our first house to some family members. They lived their for 2 years and payed us rent. We claimed it ... |
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 Do you think the budget will cost you money...? |
or are you more concerned with how interest rates, council tax and Utility bills will be changing in the next 6 months?
Additional Details
No pin head I'm not Gordon.
This ... |
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 I just got married in December, does that mean that I have to change my tax info? |
| In the beginning of December I just got married and I need to know If I have to change my tax information with my W-2 and do I have to file with my husband. I havent even changed my name yet and the ... |
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 Tax deductions? |
| I'm normally a jeans and tshirt guy. So I went to work one time and was told that we now have a dress code. That forced me to buy more clothes I normally don't wear for work. I'm a ... |
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 Does anybody know where I can get the computer program to do income taxes? |
| I don't want turbo tax I want the program that they use like at H & R Block and places where they do your taxes. I want to start making extra money doing income taxes and I want to see if ... |
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follinstars | If I earned less than 8k in 2007, all of it from freelance writing, do I still have to pay federal income tax? |
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rtfm
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Yes. You should probably do this as soon as possible, since your return should have been filed by April 15, and there may be penalties and interest accruing.
If you are self-employed and earned more than $400, you are required to fill out a self-employment form (Schedule SE), attached to your regular form 1040. You also need to report your income and expenses on a Schedule C.
Here's the IRS info:
http://www.irs.gov/businesses/small/article/0,,id=115045,00.html
http://www.irs.gov/businesses/small/article/0,,id=115043,00.html |
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rhsaunders
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No. But you will need to pay Social Security taxes, so you will have to file a tax return. Include Schedule SE. |
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v b
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$8000 net of writing income equals $1130 of SE tax.
If you are NOT a dependent, no income tax. If you are a dependent, the amount over $5350 is taxed. |
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Wayne Z
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Probably not but......
You must pay "Self-employment" taxes on the income which is basically social security and medicare.
If you have $8000 in self-employment income, you are single and no one else claims you you would owe $0 in income taxes but $1130 in self-employment taxes. |
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Judy1
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Yes, if you made over $400 as a freelancer you have to file a tax return. You might or might not owe income tax, but you would owe self-employment tax, for social security and medicare. |
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gargantua
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YES, the cutoff is like $3400.00 or $3800.00 . When you file at the end of the year you will get it all back! |
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theamericanmissionary
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Only if you have more from another job
You have to file but thats all. |
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Thomas D
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No, but you do still have to file. Your expneses and standard deductions will easily cover that. |
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magtrev607
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no |
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JoyHickey
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If your parents claimed you as a dependent, no. But if you earn OVER $600 a year yes you have to file, and you are in trouble and now will have to pay a fine since the deadline was April 15. You can go to jail for doing this. Contact the IRS and file now! |
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