 I have just graduated from university and have a large student loan to pay off. Do i still have to pay tax? UK? |
| I have a temp job, so do I still pay full tax on my weekly wage? because when i filled out a form on my first day of work i had to tick a separate box if i was a student of have a student loan.... |
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 If I sell all or a portion of my comic book collection, what tax benefits (if any) can I realize? |
| I have a list of all of the issues that I have purchased over the last 20 years. The comic books were "bagged and boarded" prior to their sale. I have not sold all of them yet. They are ... |
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 Who wil end up paying more tax? |
I was just wondering where the shortfall of billions that is being taxed via Inheritance Tax is going to0 come from if the tories get into government?
I'm presuming it'll be from ... |
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 On last year's tax return (MY FIRST EVER ATTEMPT TO DO THIS) there is a glaring mistake? |
| I put something in the wrong column - even though I declared it, they did not see the error - which should have stood out like a sore thumb to the trained eye. Anyway they should have taxed me on £2... |
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 I don't want to pay taxes anymore!! Isn't there some kind? |
| of form I can sign whereby I am released from doing so? I want to designate what I am willing to contribute to. 2% here, 2% there, etc. But I am not willing to pay my taxes blind folded throwing a ... |
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 Do i still have to pay taxes? |
i have no job
i make $250-$400 a year in interest throguh CDs
do i still have to file my taxes?
would i get money back or would i owe?... |
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 Why are the British public so GUTTLESS? |
| Yes folks, thats the question, and before you all start critisising, just let me say I am a Brit also. What I am refering to is the constant bombarding of the UK public with all these damn Stealth TAX... |
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 My tax code is 522L and i dont pay tax is this right? |
| I have put this down to the fact that i have a child but im confused, if this is wrong will i receive a big tax bill?... |
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| Rebate / Stimulus Checks? |
| So I realize the site and everywhere says "you will be mailed your check based on dates that correspond with the last 2 digits of your SS#"... which is fine and all- but what about those ... |
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 My son was born dec 23 2007 the hospital failed to file for his ssn i had to file my taxes and couldnt claim? |
| him because i didnt have his number yet. can i still claim him somehow this year .......and if so how and or where can i ... |
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 If I spend $500 to raise $10,000 for a charity, is the $500 tax deductible? |
| The charity acknowledges that I raised $10K. I have receipts to show I spent, for example, money to put on a dinner where participants paid $60 a plate. All of that money was donated to the charity.... |
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 I know you can deduct medical bills from your taxes...? |
| Would it be worth it to pay off all medical bills with a credit card before Dec 31st? Would it increase my refund greatly or not enough to make it worth it?... |
|
 How is the cost of living calculated in the UK? |
Hi,
I am confused, ok that's not unusual.8-))
I just heard on the news that the cost of gas has risen by 85% over the last 3 years.
So given that electricity ... |
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| My wages are never right the payroll mess it up every month? |
| i work the same hours every month but payroll always mess it ... |
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 Hi, I got my paycheck and it was $600.00 and the withholding tax was, FICA-SS $37.20, FICA-Med $8.70 and? |
Fedral W/H $39.81, State W/H $20.24, Local $9.00, doese any one knows if this is reasonable? and what each one stand for?
My employer doesnt provide Medcare so why still they are cutting FICA-M... |
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Kike | Is there a problem if i filed head of household on my 1040 by mistake? |
Im married. Live with spouse. Own a house and have 2 kids. I filed head of household on my 1040 for the last 3 years. I did a mistake because now I understand what head of household really means. Im I in trouble with the IRS. What can I do. Should I just let it pass. |
 |
 
sumbumblebee
 |
You can go back and file amended returns to possibly get back more of your withholdings for those years which you mistakenly filed as HOH- there is more of a break for jointly filing spouses than there is for HOH.
Since you've probably been hurting yourself and giving the IRS more money than you have to, you're not likely to be in any "trouble". Not knowing all of the details of your situation, there could be something else that would make me wrong, but you probably don't have anything to worry about. The best thing to do, either way, is to amend your returns. You'll probably end up with more cash in your pocket, and you can be assured you've done everything in your power to make your returns correct.
Good luck! :0) |
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src50
|
Yes. File amended returns. |
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Wayne Z
|
You need to amend your returns.
If your wife did not work, you would get more money back.
If she did work, you will probably owe some money.
You should not just "let it pass". |
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Judy1
|
Yes, definite problems. You weren't eligible to file as HofH, so you need to amend your returns. It might result in more tax due, or additional refund, depending on your circumstances.
How did your spouse file? That might determine whether you owe more, or get more refunded. If your spouse didn't have income or didn't have enough to file, chances are that you cheated yourself out of swome of your refund.
Don't just let it pass. If you have more money coming back, then you'd be giving that up. If you owe, and they catch up to you later, then interest and penalties would continue to accumulate. |
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bostonianinmo
|
You can't let it pass. You MUST amend the improperly filed returns.
However it's not necessarily bad news as your tax liability will probably be LOWER on the amended joint returns than it was on the HoH returns, so for tax years 2005 through 2007 you'll be getting extra money back from the IRS in most cases. |
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travelguruette
|
You should amend your returns. most likely you will benefit from the change. The standard deduction for married is more than head of household. |
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v b
 |
No, you don't let it pass. This is an invalid return and if it got you a larger refund than you were entitled to, it's fraud.
You file a 1040x.
You can amend the tax returns to Married Filing Jointly. If your wife did not work (and has a valid SSN), this could result in an additional refund.
If your wife did work and filed on her own, you can still amend to MFJ (and should). It's a little trickier as you put your data as the starting point, the joint data as the ending point and then list both refunds. When it's processed the IRS will zero out her taxes for that year. If you both filed and managed to claim EIC, you could owe. |
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Jss
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You must file amended tax return. If you are married you can only file as married filing jointly or married filing separately.
To be head of household, you should not be married or should not have lived with your spouse for last six months of the year.
How did your spouse file her tax return?
You can file as married filing jointly (MFJ) or married filing separately. In most cases, it is better to file as MFJ. Read http://taxipay.blogspot.com/2008/02/filing-status-for-married.html |
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