 What is medium household income? |
| I've tried looking on yahoo answers and want a straight answer to what is "medium household income." Our combined income is around 80,000+/- and want to know if we will be getting ... |
|
 Not being paid overtime after 40hours.? |
| Here is the situation. My mom earns 10.56 an hour. She worked 40 hours at regular rate and 32 hours overtime. Total of 72 hours. Her employer calculated her overtime as 10.72x32. Instead of ... |
|
 My bank sent my refund check back to the IRS because my name isn't on my parents bank account, what do i do? |
| I was supposed to be added on to the account but the day we were to go to the bank my purse was stolen with all my stuff in it. Now the bank has the money but they are going to send it back to the IRS... |
|
 If I Had No Income For 2007, Do I Have To Joint File? |
| My wife and I are filing, and even though I had no income this past year she thinks I have to file with her. Is she right, or am I a dependent or some other entry on the form? Thanks for any ... |
|
 Do I need to file? |
I only made $1400 last year and I was wondering if I need to file taxes. I have been told that you don't have to if it is anything under $1500 and I was wondering if that was true.
T... |
|
 What is this tax rebate or what ever it is that I've been hearing about? |
| I've heard something about $600 for single and $1200 for married couples. What is this all about, and is this in addition to what we might be getting back? Also when did it pass and when will ... |
|
 What are your plans with your stimulus check ? |
| I am just kinda of curious of what peoples plans are with there stimulus check...?... |
|
 Do you think we are taxed enough? How are we going to pay these bailouts back? Read this n think...? |
What about a personal bail-out for each American taxpayer a decent stimulus check?.... It really all does not matter.They(government) ain't gonna give the working man poor a dime...
W... |
|
| 17 year old working and will file a tax return to get refund of state and local taxes? |
| The 17yo will check on his taxes that someone else can claim him. The parents of the 17yo will claim him on their taxes. Who gets the tax rebate? The 17yo filing as an individual, the parents ... |
|
 My uncle is being denied soc. sec. benefits, is this right? |
| (age 68)worked for the city of dallas for 20+ years, he is recieving his pension but was told by ss that he does not qualify for benefits because the city of dallas never deducted any from his ... |
|
 I got married in October, but my husband is not living in the US yet and doesn't have a SSN. Can I claim him |
I am sending him money every month and started doing so long before we got married.
Additional Details
He's not physically with me. When I was married to my first husband we ... |
|
| Is there fines and late fees for filing tax for refund? |
| If I will be getting a refund, is it ok if I file late? Is there any penalties for filing late?... |
|
 I have not file my taxes for three years....the last time i did they reached in and took my return for a stude |
| nt loan.... i would like to file these myself with this years return...how do i do it without getting hit by my student loan....how i do it online myself.....how do i get all my money back owed to me ... |
|
 Need to find out a VAT number of a company? |
| I am in litigation with a company and want to find out if they are VAT registered. Now , earlier questions/answers I have found seem to suggest that I should call them up and they should give it. But,... |
|
|  |
Rockinrobin | If i don't report some of my income to the IRS on my taxes what will happen? Can they find out? |
I am pretty much a stay at homemom. I have a small part time job where I made about 4,000 dollars. They did not take any taxes out of each of my pay checks. If I didn't turn the W-2 stub in with my taxes, what will happen? Can the government find out? |
 |
 
abfabmom1
|
If there is a W2, then a copy of that has already been submitted to the IRS. If that is the case, then yes, they can - and will - find out.
This I know, because I'm paying off a bill from 2003, where I reported the wrong amount (accidentally, really!), and their copy of the W2 didn't match my entries.
If it happens, they'll send you a letter saying you owe more. You'll have the opportunity to contest it, but after a certain amount of time, they'll send you a bill. |
|
gator_trio
 |
Oh yes, they can and will find out. A copy of that W-2 is sent directly from the employer to the IRS.
If you fail to report and pay taxes on it, it will build penalties and interest for all the time is not paid and trust me, those can run into more than you want to deal with!
Just pay the taxes, it is way cheaper in the long run. |
|
illinipower
|
you are not legally required to file a tax return because your gross income falls below the threshhold filing status for single(<$8450) or head of household(<$10,850); you should, however, file a return in order to claim the amount of tax withheld from your paycheck; also, included in your refund will be approximately $1369 if you have one child and $1610 if you have 2 children at an income level of $4000; this is money you are entitled to and an estimated 7 million US citizens fail to annually collect this Earned Income Credit which is due them by tax law. |
|
love2jack4you
|
The short answer is, "The IRS is so screwed up that they wouldn't catch the mistake and you would be home free"
The long answer is, "Yes, they will catch it as the system works on a checks and balances principle."
You submit your W2 and report as income while your Employer submits their W2 to show as expenses. Their reported W2's should all be reported by their employees - if they do not, then someone is lieing.
Belly up to the bar and pay your taxes sister, its sexy that way! |
|
Judy1
|
When a company sends you a W-2 or a 1099, they also send a copy to the IRS and it goes into their computers. At some point, the computers match all this info up with what was filed on returns. At that point you'll receive a letter telling you that you didn't claim this amount, and telling you how much additional tax you owe and you'll be paying it then, with interest.
So yes, they not only can, they WILL find out. It might take a month, or might take a year or more, but you WILL hear from them. You can file an amended return adding on this amount and avoid problems down the road. |
|
bostonianinmo
|
Yes, they WILL find out. A copy of your W2 was sent to the IRS. When you file your return (or if you fail to file one) they will be looking for that income. Assuming that you're married and filing a joint return, both you AND your spouse are liable for filing a correct return and claiming all income that you received. |
|
naomi2550
|
yes they can find out because your employer will turnit in to the IRS so if you don't claim it now they will send you a letter later saying that you forgot to claim it and they have adjusted your taxes. |
|
smiling_freds_biz_info
|
Whoever paid you may claim expenses....Gotcha! |
|
BPL
 |
In theory, yes. Because they have a record of your payments, etc. In reality, they probably won't pursue you because the tax dollar amount is so small. The IRS has limited resources, and would rather spend their time chasing after some rich guy who is trying to avoid paying millions. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 7 minutes(s) ago
| | | |
9 | 45 minutes(s) ago
| | | |
9 | 2 hour(s) ago
| | | |
9 | 4 hour(s) ago
| | | |
9 | 9 hour(s) ago
| | | |
9 | 1 day(s) ago
| | | |
9 | 4 day(s) ago
| | | |
9 | 1 week(s) ago
| | | |
9 | 1 month(s) ago
| | | |
9 | 5 month(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
