 What % Tax do I pay? I live in UK and earn 15k per year.? |
| Im trying to work out my monthly salary based on my yearly salary and the web page Im using is asking for a % of Tax I pay? Anyone know what it is?... |
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 IRS Lies AGAIN? |
| So they let the media lie to the entire nation (the public was mislead according to the IRS rep I spoke with) about their stimulus payments. I was under the estimation that if you made over 3,000 and ... |
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 I just recieved a $100,000 settlement. Should I report this income on my taxes? |
Additional Details
The settlement is from an automobile accident (personal injury). Does this make a difference?... |
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 I have not received my tax rebate on May 9 my SSN# 51and should have had it deposited by yesterday. Any ideas? |
| I efile my taxes by Turbo Tax and I pay my taxes by direct deposit on March 15, I suppossed receive my stimulus tax rebate yesterday May 09 by direct deposit, but I still waiting, somebody know what ... |
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 What is the VAT on £80? |
| I know its 17.5% do you divide that into 80, I am confused.... |
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 Angry that foreigners can claim benefits in uk etc. then return home and still receive it ? |
Additional Details
There have been articles in various newspapers recently...one (romanian family i think)child benefit /family credit etc...... |
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 Tax question: i have the choice of donating $20,000 of inventory to charity, or sell for $500. which is best? |
| I have to liquidate 20k of assets (my business tanked) and looking to make the best of the situation... thank you for your advice in advance.... |
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 My father is greedy and wants to claim me as a dependent. im 23 and lived with him all year and went to school |
| if he claims me i owe the gov 2000 if not i get back a 64 dollar return. i earned 23,000 and supported myself and just stayed there. i paid rent, food, clothes, school, insurance etc. hes ... |
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| I have received a message stating u have won yahoo uk-ieland award? |
| that message give me a form to fill and submit to some agent and he replies to me stating that u have to submit a form given below to Nation wide bank Plc and they have told me that ur prize money in ... |
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 Do you have to declare your earnings if you work under 16 hrs? |
| I am not entitled to working tax as my partners income is just over the limit.We claim child tax credit.If I was to work a couple of hours a day for the minimum wage would I have to declare this to ... |
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 Filing head of Household? |
Is it possible for two people to file head of household with the same child?
They're not married, they live together, it's both of thier child and one claimed her as a dependent ... |
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 Should we tax people based on how much they weigh? |
| Think about it, they use more water, more food, more tires for their car. This would be instead of based on income, and would take into account BMI.... |
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 What happens if I don't send in a tax return? |
| I'm a basic rate taxpayer and the code is correct on my payslip but I've just had a pay rise. T... |
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 Where is the law that says we have to pay federal income taxes? |
| Where is this supposed law that tells us we must pay taxes? I still haven't found one myself.... |
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 Is this true? |
| I've heard through several reliable sources that one actually does not have to pay taxes if they do or follow something in the tax code. That something is what I do not know and they couldn'... |
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| Where is my tax stimulus refund? I efiled with direct deposit and haven't recieved it.? |
| I e-filed by myself and used direct deposit for my refund. I did the calculator stimulus refund on IRS.gov and it said based on my tax information I am eligible for a refund. My last two digits are ... |
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 What is the LEAST amount of money you can get back on your stimulus check? |
| I have heard that it's $300 and I have also heart that it's $600... I am SINGLE with zero dependants and no spouse... so, what's the LEAST amount of money I should get on my stimulus ... |
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Sir Singleton | Is there a way to uh, not, do taxes? |
I personally couldn't care if the government owes me money. |
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C V
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If you don't owe taxes you can opt not to file. As I understand it, the April deadline is for people who owe taxes. Since you don't owe money, even should the IRS audit you the worst case scenario is that you would have to show that you paid your full tax burden through payroll deductions. The same, of course, is true for the state comptroller's office.
However, if it is determined that you owed taxes you will open yourself up to lots of fines and possibly imprisonment.
I do question your comment that you don't care if the government owes you money. While I find your altruism commendable, you might change your mind. Over the years, that tax money adds up.
Okay - to sum up - you don't need to file if you're owed money. However, you should keep your tax records (W-2s, 1099s, etc.) for at least 10 years so you can defend yourself if you're audited.
I should point out that I am not an expert; I'm regurgitating information I heard in the past. So, if you get into trouble don't come running to me. I think, at the very least, you should file a 1040EZ. This will stave off charges of income tax evasion and open up the opportunity to file amended returns in the future so you can get the full refunds you might be due. |
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coleblondehead
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Move to Mexico, its a tax free country. Poor but free.
I lived there some years ago and property taxes are very very cheap
like 100 dls a year for homes, only very high high incomes get to do
report some tax, but the rest of the citizens are free. |
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personjen
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The only solution is to move out of this country. But then you have to contend with national systems, like the UKs NHS which will take more of your money anyway.
"Our Constitution is in actual operation;
everything appears to promise that it will last;
but in this world nothing is certain but death and taxes."
- Benjamin Franklin |
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x86guyx86
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Haha. Sure is!!! Ask Wesley Snipes!! ;) |
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src50
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We personally couldn't care about you. |
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Aderr
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no, if you don't you can be fined and eventually thrown in prison. So just pay your damn taxes! |
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The Oldest Soul
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The only way to uh... not "do taxes" is to die.
But then again, even then, if you have an estate or some money to pass on, the government is still gonna get their share.
So the answer's no. |
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stephaniej2888
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Sure dont do your taxes, then you will end up either owing the government a LOT of money or Jail time in the future.......You have to do your taxes weather they owe you money or you owe them money its the law! |
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BobApril
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Sure! Don't make income.
Other than that, no. You are legally obligated to file if you make more than a certain rather small amount over the year. |
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bjsrls5
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You may not care if you do not get money back, but if you do not do your taxes it will catch up with you. You do not want to do jail time or have fines. So I think that the best thing to do is to file your taxes. |
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flying_fling
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Yes. Don't do them. It's easy especially if you're self-employed. Just don't submit the necessary docs. Of course, this doesn't go without consequences. |
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rtfm
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If you mean you're entitled to a refund, then legally, yes, you are still supposed to file a tax return -- but realistically, there is a vanishingly small percentage of a chance that the IRS will ever come after you to make you do it.
And as an American citizen, I thank you for your voluntary donation to our country! |
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some girl
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If there's no possible way you'd owe any taxes, you don't have to file. |
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systematic
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The income tax is unconstitutional. Most definitely. |
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