 Are there any ways that I can claim back some IHT tax which I have had to pay on my late Fathers estate? |
| I have had to pay out quite a few thousand pounds on his estate and think it is so unfair paying this money back to the G... |
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 Why is it so hard on small businesses? |
| My husband and I own a residential/small commercial electrical company. We have 10 employees and 5 trucks. Besides having the cost of insurance on the vehicles, we have to pay workman's comp, ... |
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 Why don't I have my tax rebate? |
| The news articles have been saying the people with low social security #s will get theirs first (the last 2 digits) my husbands is 00, you can't get any lower, and he was the main filer on our ... |
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 Question about tax deductions, Can you? |
| A friend of mine told me that you can catalog donated items; such as men's shirts, woman's pants, per pair, etc. and get a certain amount back. I plan on going through them and write it all ... |
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| Apart from businesses having to register for VAT if their turnover is over £61000, what are the benefits for registering if you dont have to?... |
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 I AM GOING TO BE A FATHER IN THE END OF NOVEMBER. I AM WONDERING IF I SHOULD CLAIM MY CHILD AS A DEPENDENT NOW? |
| MY QUESTION IS THAT I MAKE MORE THAN MY WIFE. SHOULD SHE CLAIM OUR CHILD OR SHOULD I? WHO WILL GET MORE BACK WHEN FILING FOR TAXES?... |
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 How can a non-custodial parent claim child on taxes, if child support is up to date? |
my son lives with his mom, all the time. i have visitation, she stopped letting me see our son.
she is contemp. my attorney said i can claim our
son each year as long as my support is up to ... |
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 Can I claim my girlfriend as a dependent? |
Hello
This might sound stupid but, can I claim my girlfriend as a dependent. She has been living with me the whole year, she is a student, she worked for like 3 ½ moths part time at the ... |
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 How much will I make a check getting paid bi-weekly living in Maryland and making 30,000 per year.? |
| I just began a new job making 30,000/ year. How much I will make on a biweekly check. I'm single w/o kids. I would like to have more in my paycheck rather than get a big refund at the end of the ... |
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 Can I claim money sent overseas to family as a deduction? |
| Granted, said family members do not live with me. If such money couldn't be claimed as a deduction for supporting family, can it be claimed as a deduction for charity?... |
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 Do i need all W2's? |
My wife and i are filing jointly do i need to include her w2s if i made more then her and she did not work all of 2007?
Additional Details
sorry worded it wrong she worked part of 2007 ... |
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jezuzgirl | If both mine and my husbands w-2 have no federal income tax withheld, are we going to owe? |
We also have two dependants, and our total income was 38k. Thanks for any help. |
 |
 
Pixie
|
From the small amount of information given, I figured your tax for the year at $1,453.00 You don't say how old your dependents are, if they are your children that live with you the majority of the year, and they are under 17 years old, you would qualify for the child tax credit of $1,000 apiece. This would eliminate your tax debt. |
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anr
|
There are too many variables, you will have to do your return to find out. It depends on your deductions and credits. If you do owe, fill out new W-4's with your employers so you can have money taken out for 2008. |
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DS
 |
If your children are young I estimate your basic income return at 1000 just with the info you put down |
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dylansmom25
|
it depends honestly .. you probably wont owe but you wont get much back either.. you're earned income and child tax credit will offset what you owe most likely. |
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src50
 |
Oh yes, you will owe. |
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BeenAroundTheBlock
 |
The amount you had withheld does not have anything to do with how much you owe. You figure out how much you owe by filling out your tax return (1040, etc.).
It sure sounds like you will owe at least some tax. Since you didn't have anything withheld, unfortunately you may owe a penalty and interest as well. You are required to have a minimum percentage of what you owe withheld.
You should recitfy this situation for next year, so that you don't get another penalty. |
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lauren o
 |
usually depends on how much you make and which tax bracket you would fall in say if you and your husband made between the two of you 50000 you would need to make sure u atleast paid in 5,000, this is really easy if you have that coming out every week or two weeks, you of course have your standard deduction that the IRS takes off automatically anyway, also your deductions for children, usually you can still make out by getting a small check but in the future u might want to start withholding taxes |
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DJ
|
Most likely you will owe something. But why was no tax withheld? You may end up owing a penalty. Did you change your W-4 so no taxes were withheld?
If taxes were withheld on your paycheck stubs - something is wrong with the W-2's and you need to talk to your payroll department. |
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Abigail Marie due in Dec
 |
Your refund would be about 1,000 |
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