 How can i get around paying the IRS 964 dollars for them not taking enough out through out the year? |
| Im in the military and i do what im told. My wife worked as a DOD employee at a child develpment center on base. They didn't take enough taxes out through out the year so we are stuck oweing ... |
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 Do I need to file income taxes? |
| I recieved almost $6000.00 in Social Security Disability Income, State Disabiltibilty as of 05/06 and $700.00 earned income from my previous employer that was accrued during my medical leave.... |
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 Why is husband's check on hold? |
My husbands last paycheck was garnished because the student loan place claimed he owed money. They called him and let him know it was current now and up to date (After taking over 550.00)
T... |
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 Uh oh! I forgot to pay my taxes!? |
Last year I owed a small amount of money for my federal taxes. Not only did I forget to pay, I forgot the amount to pay! What do I do this year?
Additional Details
Serious answers ... |
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 Can i work full time in the uk if i am 17? |
hi everyone, i'd like to ask u, can i work full time in the uk if i am 17?
thanks for answers ... |
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 My 31 year old son plays in a rock band and tells me he hasn't filed an income tax return in 10 years. ? |
| he has never earned much and it probably was mostly just cash payments. question. he is in serious IRS trouble?... |
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 Tax deduction? |
If you give a gift of money to someone in need, can you write that off as a deduction, and how if so.
... |
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 Is TurboTax worth it? |
| I've heard a lot about TurboTax, but with the price of the software, is it really a good investment? There are different levels of membership as well--which is the best value for your tax needs? ... |
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| Do I still have to any tax? 10 pts for best answer!!!? |
I received a large sum of money ($12,000) from my motor vehicle insurance company. Do I have to pay any taxes? If I do, then how much? When do I pay? How do I pay?
i will be rewarding 10 ... |
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 Does anyone have any TRUE info about delay of refund? |
| We all have heard so many reasons about our refund date being pushed back, I was just wondering if anyone might actually have the real reason why. there have been so many possible reasons, but some ... |
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 How strong is the IRS? |
| What power do they have and to what extent can they use it?... |
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 How do you go about stating your own income on taxes. i work under the table.? |
i would like to have something to bring to, say a dealership or something. am i going to owe a bunch of money when i go to say H & R Block
Additional Details
i guess i worded it ... |
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 Can I claim my baby born on August 13th 2008 on my taxes? |
Hello my little one arrived in August I was wondering if I could clain him on my 2008 taxes.
Thanks in advance:)... |
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 Can I deduct improvements made to a house I sold in '06, and do I have to pay taxes on profits from the sale? |
| I sold my primary residence in 2006, for $125,000 and bought a new house for $205,000 in the same month. I used 75% of the profits from the sale ($30,000) as the down payment for the new place. My ... |
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 Is money gifted to my children taxable under the kiddie tax law? |
| My mother gave each of my children $10000. Does the kiddie tax law affect this?... |
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AM | If I wait until 2009 to deposit a commission check, do I pay taxes in 2008 or 2009? |
I earned a commission (realtor). Do I pay taxes the year it was earned or the year it is deposited into the bank? Would love to include it in 2009 taxes. We're really struggling. |
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quizzard123
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Taxes are due the year it was earned, sorry. |
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B V
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Taxes are due the year the commission was earned and payed. |
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Sharon T
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Constructive receipt is in 2008 so that is when it is taxable. You can hold onto ithe check for five years and it won't change a thing. |
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Beatngu
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Taxes are based on income earned in the year.... not when you got around to depositing it... |
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Kriss
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You pay taxes and report the income in the year it was earned. The company paying out the commission will undoubtedly report it in the year it was issued also on their return so you definitely don't want to try not claiming it in the year you receive the check. |
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travelguruette
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You pay taxes on when it was received not when cashed. Your company will give you a 1099. |
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D J
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The date you deposit is not the important date. The important date
is the date the check is issued. You are taxed on the date the check is available to you. If your get the check on Thursday night but it is date Friday, it is taxable on Friday even if you don't put it in the bank till a week later. |
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Doctor Deth
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depends on where your employer claims it - it's probably going to be be in your 2008 1099 or w-2 |
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Rachel_S165
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IF you want to include it in 2009 income instead of 2008, talk to whoever is paying you the commission. Ask them if they can delay paying you the commission until after Jan 1, 2009, then you can include it in 2009 taxes.
But if you receive the check in 2008, you have to declare it as 2008 income and pay tax on it in 2008 even if you don't actually cash the check until 2009.
For personal income tax purposes, income is considered to be earned when you receive payment, not when you cash the check. |
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acmeraven
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If you receive the check before 12/31/2008 then it is credited to tax year 2008; even if you don't deposit same until January. This is straight from IRS rules and regulations; probably a good idea anyway as the wise ones in washington are going to slap us with higher taxes in 09 to pay for the bailouts and yada. Get it in for 2008 when our rates are still low and reasonable. |
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