 Does anyone know how to figure how much tax I need to pay as an independent contractor? |
| I recently booked a few modeling jobs as an independent contractor and I have never done this before. Is there any easy way to figure how much I owe on the money I made? I just wanted to be sure I ... |
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 Can I get unemployment if I quit my job? |
| I worked with a company for 6 or 7 years. I had an excellent relationship with all my supervisor and co-workers. I moved to another state and the commute was on average an hour and a half (sometimes 2... |
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 I have a fee of 94.50 what's that with tax? |
also 39.99....
Additional Details
i live in NYC... |
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 I just received, via direct deposit, my stimulus rebate from the IRS. Why was it bigger than expected? |
I am a single person with NO dependents.
I was expecting $600.
I received $900.
What's the situation here?... |
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 Its been a month and I still have not received my federal return? |
| I mailed out my state and federal returns on 3/20/07, about 2 weeks ago recieved my check from the state, but not from the federal government. Today my brother, who mailed his reuturn, about a week ... |
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 Importing common sense to the States-Is it duty exempt? |
| As there seems to be a massive shortage of this at present it seems like a real niche market is there. I know most of the world would like to see Americans buy some, so as the demand would be really ... |
|
 How many of you know that Americans don't have to fial a 1040? It's unconstitutional.? |
It's true. If it's the first time you've heard of this, look it up. If you've already heard of it, look it up some more.
Additional Details
For the first few of few ... |
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 As a 75 year old, should I put myself down? |
| Although I am paying income tax on my pensions, would it not be loyal of me to put myself down before I start to cost the N.H.S. money? At present I work out three times a week at the gym to try ... |
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 Do we need another round of tax stimulus payments ? |
If you get another stimulus check, what would you spend it on ?
Bills
Luxuries
Savings
... |
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 I Received this e-mail:" UK NATIONAL LOTTERY WINNING NOTIFICATION " Do you verify it ? |
Batch No: WD18/0065/04RN
Our Ref: UKNL/255457004/06
Our Ref: UK-NL/0627/06
Mrs.Monica Sokolov.
Promotions Manager
International Lottery D... |
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 Claiming benefits in the UK? |
| friends of mine have recently returned to the uk following living and working in italy for the past 18 years ( they were born in the uk) marc has tried to claim benefits but has been told he is not ... |
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 Do we pay to much tax in the UK? |
I’ve been trying to work out how much money I actually give to Mr Brown per year and I’ve worked out I pay the following in tax a year:
£4505 income tax
£2052 National ... |
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 Is there a way to pay less income tax? |
| I make over $130,000 a year. My accountant just notified that I will need to pay over $20,000 in income tax. I am a strong believer in saving money, and therefore don't spend that much money (I ... |
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 Marital status on taxes when dating? |
| If someone is dating or engaged during the time they are filing taxes do they still file as single since they are not married yet?... |
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 Why hasnt my stimulus check come? |
| on the irs site it says i should have mine direct deposited by 5/9, i still havent gotten it?... |
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 Do you get a Tax Break for Graduating College? |
| I graudated from a 2 year collage useing federal lones in 2006. The College told me that because i regestered for class' in November i would not get any tax information this year. I was told by ... |
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 Can I write off the cost of gas commuting to work on my taxes? |
| I drive 120 miles to work and back a day, averaging about ~$250-300 in gas a month. Is there somewhere on the tax return form or some provision where I can write this off?... |
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 WIfe not working??? |
| I have been married to her for 3 years now, She has 3 kids, 18,13,10, not worked for about 15 years i believe. Am i being so wrong as to insist that she now gets a job? I was self employed a while ... |
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Nianque | Is there a way to completely avoid social security and medicare taxes? |
Since I will not be drawing any social security, I am looking for a legal way for a w-2 wage earner or a self employed person to not have to pay in FICA taxes. |
 |
 
ianrothman
 |
1. If you belong to a recognized religious sect that is opposed to insurance, you may qualify for an exemption from social security and medicare tax. You must be conscientiously opposed to accepting the benefits of any public or private insurance. Religious opposition based on the teachings of the sect is the only legal basis for the exemption.
2. If you're a college student and work for your college, your earnings are exempt from social security and medicare tax.
3. If you're under 18 and work for your parent's business, your earnings are exempt from social security and medicare tax. |
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stephenweinstein
|
There is no way for a W-2 wage earner to avoid these taxes.
There are two ways for a self-employed person to avoid these taxes:
1. Keep your income from self-employment low enough so that you are not required to file Schedule SE.
2. File Form 4029 for an exemption. You can do this only if you have conscientious objections to social security, not if you are merely trying to save money. Also, you must be a member of a religious sect that has been around since 1950 or earlier and meets various other requirements. |
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bostonianinmo
 |
Quit working for a living. Make all of your money on investments. Unearned income is not subject to Social Security or Medicare taxes.
The only way for a W-2 wage earner or self-employed individual to avoid SS and Med taxes is if they belong to one of a very few religious sects that eschew insurance and any type of public support. A few (but not all) Mennonite and Amish groups qualify. I can guarantee you that you won't just walk in and join!
FYI, contrary to what a few folks said, moving to another country will NOT get you off the hook! US citizens are subject to US tax laws regardless of where they live. If you relinquish your citizenship keep in mind that the IRS can go after you for 10 years for taxes if they suspect that the reason for your move is to avoid US taxes. |
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wartz
 |
Become a public school teacher whose salary is subject to teacher retirement but not Social Security and you will avoid that but not Medicare. The only other options are to be self-employed join the Amish--you would look cute in their neat old timey hats--or become a clergyman and exercise your one time right to opt out of Social Security. |
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frissy
|
Yes. You can become a "compensated preacher".
If you work for an approved church, you can claim conscientious objector and you will be exempt from the FICA tax on your wages earned by working for the church.
Of course, you will probably also earn about poverty level wages.
SUCK IT UP, whiner. |
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KarenL
 |
1) Do not have any income --- these are payroll taxes, so no income no tax.
2) Move to a country that does not collect taxes.
3) Work for the Repeal and destruction of these two Ponzi schemes |
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bainaashanti
|
I would ask a tax attorney, or an accountant. |
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sixftrd
 |
If you are a citizen of this country, you should contribute to social security and medicare taxes like the rest of us do. If you are NOT a citizen of this country, THEN GO HOME!!!!! |
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warscoob
|
move to a third world country... |
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PatsyAnn
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the only way to avoid paying taxes is to die or leave the country...however, the country you move to will collect taxes for their own country...it's like the old saying, "the only thing true in life are death and taxes"...good luck!!! you could also become homeless and not work for a living... |
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mahal
|
Yes, there are many ways of avoiding US taxes:
1) Move to Canada
2) Quit working
3) Commit tax fraud
4) Move to Mexico
5) Find a sugar mamma or a sugar daddy to pay them for you
6) Work "under the table" (illegally)
7) Move to Russia
If you follow Jerry's advice above, write to me from prison when you arrive. I'd like to know how you're doing.
Also, contrary to what Bostonian said above, you WILL pay US income taxes in a foreign country, but you will avoid the social security taxes. |
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hdf69
|
No legal way |
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wilck
|
Move to another country. |
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realtime1931@att.net
|
Believe it or not, there are ways to avoid Soc Sec and Medicare tax. Here are two:
1. Go to work for the city of Galveston, Tx. They opted not to participate in Soc Sec coverage many years ago, and set up their own internally financed system. Their employees are way ahead of you and me! There are other places who have done the same.
2. Get work as a US Senator or Congressman. They have their own little private system (paid for by you). As they do on almost any law they pass, they exempt themselves from any onerous facet of the law.
regards,
A Texian who once had a country of his own. |
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jerry l
|
yes, go to IRS and get a individual tax # then turn in your soc. sec. card when you fill out a w-4 inform your employeer that you do not pay soc.sec. and med. |
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