 Why can't i check the status of the stimilus rebate on irs site? |
| my hubby's social is 59 and we have tried to use the gov link and it we keep getting "we're sorry there is no info available". it is very frustrating. i would just like an i idea ... |
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 Do I have to file taxes? |
| Do I? I'm seventeen and this past halloween i worked my first job and altogether I made just under 500 bucks. I'm a 17yo highschool student and I live in California so could someone tell me ... |
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 Do retired people over 70 have to file taxes to get the refund? |
if the only income is from SS and maybe a very little interest income
and what status would a widow use to file..with no Dependants?... |
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 What is the best way to file your taxes being when you are separated from your spouse.? |
| We were togather for 4 months in 2007. She has moved out and has her own place .Our four kids live with her. We havent filed any seperation papers and still get along well. Would we have a better ... |
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 Smokers only NHS? |
A few facts before you answer:
Average annual cost to the NHS on smoking related diseases in the UK is £1.7 billion
Average annual government income from tax on tobacco in the U... |
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 If I filed my taxes electronically with TurboTax, how will that effect my Economic Stimulus Check? |
| I used Turbo Tax and had my tax refund direct deposited- will I receive a check in the mail or a direct deposit for my Stimulus check?... |
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 Can I claim my boyfriend on my taxes? |
we have lived in the apartment since April 1,2006 we live in INDIANA
would it make a difference if I am 19 and he just turned in 25 in Dec?
Additional Details
I want to claim him as ... |
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 My son was born january of this year will we still receive 300 for him on the stimulus check? |
| i figure probably not because we couldnt claim him on our taxes for last year but i wasnt ... |
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 What are you going to buy with your stimulus check? |
| Ok yall. We've all seen all these questions and answers being posted. I've posted my fair share. But alot of us end up in heated arguements about whatever. So, instead of that. I want to ... |
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 Hello america,are you ready to file taxes?? |
Additional Details
did you know that you can go online now with a lot of companies and download your tax info of the w2"s... this is great,, speads it up some time...... |
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 Can you go to jail for leaving things out of your tax return? |
| I have a pension I cashed and a medical study that H and R block said I would have penalties for and file as self employed.... |
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 How much is sales tax???? Please help.? |
I have to pay my parents for iTunes but i deleted the receipts so I have to do .99 times how many songs but I need sales tax to add on.
Additional Details
How much is sales tax in Plano, ... |
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| Why haven't I recieved my stimulus payment yet? |
| The last 2 of my social are 00 and i meet all the requirements to get the stimulus payment and i filed in 2006 an 2007 and i haven't recieved my payment yet my friends last two are 41 an ones is ... |
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elisabeth | If you earned 20,000 dollars...? |
last year how much taxes will you have to pay? |
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Just moi
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It depends on a lot of factors... Are you head of household?... Do you have kids...? Do you own a house?... Number of allowances?... it's different for everybody. |
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Brian W
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It depends on how much in taxes (withholding) you were having held out of your paycheck and your personal situation, i.e. spouse, dependents, deductions. This could swing how much you owe or how big your refund is by hundreds of dollars. |
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allthree
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It all depends...state taxes differ from state to state...Do you have any dependents? Does somebody else claim you as a dependent? Do you pay for insurance? Is any of it paid for through pre-tax dollars?
Federally speaking you fall in about the 15% bracket. Meaning...out of $20,000 you're responsible for about $3,000 in taxes. However, if you've paid more than that throughout the year, you'll probably get some money back....
I'd recommend talking to a certified accountant....I think H&R Block is pretty cheap. Or even turbo-tax would be a good investment if you're working off of a basic W2.
Good luck! |
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♥Honey B. Fly♥
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That depends on how much or little was taken out and what you are responsible for, and what your filing status is (single or married). You need to use the irs.gov tax table to see how much you're responsible for, then subtract that amount from what you actually paid in taxes last year based on your W2s (or your last Dec 2006 check stub). If you paid more than the amount on the tax table, that difference will be refunded to you. If you paid less, you'll owe the remainder. Hope that helped clear things up!
And Kenneth D is only half right. Your withheld amount is actually taken into consideration when you're filing your taxes, which is what I'm assuming you're asking about since it's tax time! You wouldn't pay anymore than you already have (that would be unethical and illegal for them to take more than what you owe!).
By the way.... all those who earned less than $52,000 last year qualify for "free file" according to the irs.gov website. This means you're eligible to file your federal income taxes through a participating website for free (no filing fees whatsoever!). I did mine at H&R Block and it was quick and easy. All you need are your 2006 W2s. |
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pinwheelbandit
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It depends on what your employer was withholding during the year.
Also, married or single.
Let's assume you're single and want to know how much total you've paid all year:
You'll pay $755 plus 15% of any income of $7,550 (so 15% of 12,450).
Your total tax bill will be $2622.50 without any credits or deductions. |
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Judy1
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Not enough info. Are you married or single? Any kids who live with you? If so, how old are they?
To give you an idea: single, no dependents, not a dependent of anyone else, standard deduction, no adjustments to income, your tax bill would be $1359. This assumes you worked as an employee and got a W-2. If you made this much from your own business, you'd also owe self-employment taxes of around 15.3% of your net self-employment income. |
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Ken
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If you had gross income of $20,000 you would be entitled to a personal exemption ($3300) and standard deduction ($5150) totalling $8,450.00. That would leave you net income of $11,550.00. That tax on that amount for a single individual is $1,351.00. If you are married or have dependents this will be less. You should consult a tax professional. You may be able to save significantly on this amount.
P.S. How much you pay in taxes has nothing to do with how much was withheld. That just means you have already paid it and don't owe it now. You still pay the same whether money is withheld or not. |
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(_)iiiiD
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FACLARK = RETARD
KENNETH D HAD IT RIGHT
20000 - 3300 - 5150 = 11550 TAXABLE INCOME
YOUR FEDERAL WITHHELD - 1351 = REFUND IF SINGLE W/ NO KIDS |
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faclark
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I am so amazed at all the idiotic answers so far.
It is complicated. It depends on where you live. In most states you need to pay a State Income Tax, which can range from a few percent up to 6 percent. In Connecticut you would pay only $144. In New York you would pay $975. Yikes !
Next, for Federal tax, it depends on if you are single or married and if you have any dependants. Let's assume you are single and have no dependants (children). You get a standard deduction for yourself of $5150 so you pay tax on the remaining $14,850. From the IRS tax table (link below) you pay $1,854 |
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