 I'm being paid by check but not through payroll...? |
| Can I still file taxes( I have a 6 month old daughter so I would like to get some money back at the end of the year....If so how....Is this even illegal?(I don't know why they won't pay me ... |
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 Earned income credit? |
| is it true that as long as im a child support paying parent iam entitled to claim this credit every other ... |
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 Ia m getting ready to file taxes, can I write off my bedroom set? |
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Thanks guys, I just did not know so I did ask, and no its not for business :)... |
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 Do you have to file tax reports if you're in jail? |
Even if you have no physical access to income
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How do ya'll know so many - and different - answers?
BTS what happens if you don't file it, do you ... |
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 I've been claiming 0 on my W-4 for the last few years and continue to owe on my taxes, any suggestions? |
| I am married, we do not own a home and try to deduct as much as we are able to. It's very frustrating, because usually when we do just my husband's taxes we get a refund, add my into the ... |
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 TAXES: Why was form rejected for listing daughter as dependent? |
| She is 18 and dependent on us. Husband in Iraq, filed taxes as married filing seperately (divorce in process), says he did not claim her as a dependent. Her taxes were accepted (marked that she was ... |
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 Do I count as Unemployed or Self-Employed? |
| I'm a writer. I hardly make any money yet but I'm keeping at it. I live with my dad at age 21 and dropped out of college. I have no other paid job. I'm not actively looking for ... |
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 Can I give my employer a photocopied P45? |
| I am starting a temp job, but I have a permanent one lined up too, starting 2 weeks after the temp. I have one P45 which I'd rather give to the permanent employers, but if I do a P46 for the ... |
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 If I am behind in my childsupport and have to file taxes ? |
| how much can they take if I am remarried and can my new wife file if she does not have a income??... |
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oceaneyes48 | If I owe money to the IRS ($192) does that mean that I will not be getting a tax refund back? |
My parents file my taxes and for some reason I ended up owing money. This is the first time this has happened to me, and I just want to know if I'll be getting any money back in a tax refund. Thanks
Additional Details
That sucks. I have no idea why I would have to owe money anyway........ugh. Follow up question, why do people owe on their taxes? My parents took it to a tax preparation place... |
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Judy1
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You probably made more money this year than before, and that's why you owe. If you are a dependent, your income was on a W-2 and you made over $5350 for the year, then you'd owe some tax, and if you didn't have enough withheld to cover what you owe, you'd have to pay it now.
And no, you won't get a refund - you only get that if you have MORE withheld than what you owe.
Check to be sure you have claimed zero allowances on your W-4 form you filled out at work - otherwise this will happen again next year if you make over the limit. |
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MoB
 |
I agree, your income probably went up and that might have put you into a higher tax bracket. But only owing $192 is almost a perfect tax return to me. That means that you did not give the irs an interest free loan all year and you got to keep more of your own money in your own pocket. The good news is that (a) you pay them when you file your taxes so that you don't accrue interest or (b) when you get your stimulus rebate check, they will deduct what you owe plus interest and you will get the balance.So you will still get a "refund". But look at your withholding on your W-4 and make some adjustments to it if you want to get more of a refund back. But only owing $192 is pretty good. That's money that you got to keep in the bank all year long and maybe drew some interest on it, instead of the irs keeping it because you overpaid your taxes and they didn't give you a dime of interest. You got lucky this year kiddo, because of the stimulus rebate check. |
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badmamajama
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You'll get your refund minus $192. You think you're bummed, last year I had to give my whole refund plus some for the rest of my student loan. When you have two kids and you are expecting a refund to buy clothes and its taken -- it sucks! I'm talking over $3000 :) Life is still good though! |
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wartz
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A refund is an amount you overpaid. How can you expect a refund if you owe money? |
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mrey1001
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I'm not sure completely about the IRS... but on my Taxes, I ended up owing money to the Canada Revenue Agency... and yes, this means that you owe them money, they do not owe you money. No return this year. |
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remmie
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No, you won't be getting any money back. In fact, you will have to pay the government $192. That sucks, man. |
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v b
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Uh, duh, you made money. Being a kid does not exempt you from owing taxes if you make enough.
As a dependent, if all you had were wages, then you made at least $7270 income in order to owe so much. If you made more than $5350 you were supposed to put single-1 on your W-2.
(If you had unearned income like interest and the interest was more than $2000, then you could hit a tax bill that way as well.) |
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suzanne g
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You will not. Either you get a refund or you have to pay, but you don't do both. |
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