 Can i claim housing benefit? while i live at my partners mum's house? ? |
| i have just lost my job and struggling to pay for our rent there, my partner is on maternity leave and her parents cannot afford to keep us there rent free. We cannot get a council house as we own a ... |
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 Can someone win against the IRS? |
Has anyone ever won a legal battle against the IRS, as far as proving that they didn't make "income" for a particular tax year?
Additional Details
Wayne Z- Are you ... |
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 Pay IRS before getting refund? |
| So i know i have to file my taxes before i can get the new refund checks but i owe them 150 dollars. does that have to be paid before they send the refund?... |
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 I am being audited by the IRS for the year 2006. I have a retired IRS employee who does tax returns on the? |
| side, and I pay her. The IRS says some income was not reported and now I owe $815. Who is responsible to pay this money? Me or the paid tax preparer?... |
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 Married filing separate and joint? |
| i think my ex husband (final as of 3-16-07) may have filed MFJ or single on his tax return. In our divorce decree it clearly states that why BOTH must file married filing separate as we could not ... |
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 I have not paid my taxes in 2 years..help!? |
| I never owe. I have always gptten like 1000 dollars back every year. But because I am behind on student payments, they always take it anyways. So for the past 2 years I haven't bothered. I want ... |
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 Why is my former employer reporting 1099 income for my rolled-over 401(k)? |
| I left my company last year and promptly rolled over all of my 401(k) *directly* to an IRA. I've done this several times before. I almost had a heart attack when I got a 1099 from them ... |
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 Do do employment taxes reduce Federal income tax? |
for insta
nce, let's say you earn $100 before tax wages.
$7.65 gets taken out for FICA taxes
Ignoring exemptions and other deductions, do you pay income tax on ... |
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 Is 125,000/year a good salary? |
I have a job offer that could bring me that. It's a reduction from what I am making now (reduced by about 50,000/year). However, I can spend more time with my family.
Any comments?... |
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 Do I have to pay taxes on lotto winnings if I do't live in the UK? |
| I have won a promo but before my prize is released to me they said I would have to Pay taxes on the money I won because I don't live in that countryand they don't take it out of the prise ... |
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 I just filrd my income taxes for the years 2001, 2003, 2004, 2005, 2006 what the penlties for this? |
| i just file late for all those years how long will it take before i hear anything from the IRS or the State. And is it to to get a refund on the years 2001 & 2003?... |
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 I have a confusing tax situation,please help!!? |
| I was paid 4000.00 from unemployment compensation in 2006 and have a w2 from 2005(that I did not use when I filed 2005 taxes last yr). The W2 states that I made $170.00, and paid $10.54 in SS tax ... |
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 Do I Need To Pay Estimated Tax On My Partime Business If I Have A Job? |
| I'm starting an online mailorder business from my house..I will have no employee's.will i have to file estimated tax or can i just file before April 15?... |
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 Change to 10% income tax band? |
| I says that from 6 April 2008, the starting rate of 10% is abolished for non-savings income. What exactly is 'non-savings income'?... |
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 Please can someone tell me whether 18 yr olds in full time study have to pay council tax? |
When does a one parent mum lose child benefit for their 17 + children if they are in full time study and cannot contribute to household expenses.
Additional Details
tx all fr replies.
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mbutterfly | If info from a 1099 was not turned into the irs, what could happen? |
My friend did his taxes on a website twice once claiming the info from the 1099, once without claiming it! He found out he would get more money back by not claiming it! What could happen if the irs found out? |
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BHWMST
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They will send him a notice with interest, penalties and the additional tax listed as amounts due. The 1099 is supplied to the IRS and they will match it up against his return. It will probably take about a year or two to get the notice. |
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likepepsi
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It's not even a question of "if" they find out. All the information on the 1099 was given to the IRS by the company that sent it to your friend. The IRS already knows he earned that money. Their system just goes through all the 1099 forms and looks at each person's income tax return to see if they claimed everything. They use the same system to match up W-2 forms and people's income tax returns.
In a year or two when they finish doing all the matching, they just send out notices to the people who didn't claim everything and they have to pay penalties and interest on the amount of tax they didn't report. It's completely automatic, and there's a 100% chance they will catch it. |
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create62
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they will find out and he will pay hefty penalties. It may take a year or two for them to figure it out, but i assure you, they will. |
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Judy1
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Well, of course he'd get more money back without claiming all his income.
It's not a matter of if he's found out, it's a matter of when. If he got a 1099,. it was also reported to the IRS by the company that gave him the 1099. The IRS matches up the W-2 and 1099 info that's reported to them with the returns filed, and when they do, his extra unfiled 1099 will pop right out, and he'll get a letter from the IRS demanding payment of the additional tax, plus penalties and interest. This isn't a maybe, it WILL happen. It can take a year or two before they get everything matched up and checked out - by that time the interest and penalties will have added up substantially. He'd be wise to file an amended return, claiming ALL of his income, as soon as possible to stop the interest and penalties from accumulating. |
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bostonianinmo
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If he received a 1099, the IRS already knows! They'll just send him a bill for the additional taxes due. Plus penalties and interest, of course! It may take a year or more for them to catch up with him but I guarantee that they will. In the meanwhile, the interest and penalties will continue to accrue. |
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Dr. Deth
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taxes, penalty and interest, possible wage garnishment |
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stephenweinstein
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In addition to having to pay the money, he will be notified by the IRS that he is subject to backup withholding due to overreporting of interest or dividends. This means that every time that he opens a bank account, he will have to cross out the language stating that he is not subject to backup withholding, and the bank will have to withhold taxes from the interest that they pay him.
Additionally, as several other persons have noted, the IRS will charge him the tax that he should have paid plus interest plus penalties. |
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mcmufin
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He could be arrested for tax fraud. He'll probably just be audited and forced to pay a fine. 1099's are reported by the issuer to the government independently of the filer's actions. |
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