 Tax ? i read on here that there is no legal obligation.....? |
| to pay federal taxes. does that mean , as a Scottish citizen who worked in the US for 8 years. that i could legally ask to have my tax refunded?? are my chances of getting this back slim or none??... |
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 Should I file taxes jointly when my Wife didn't file her income taxes for years? |
I am recently married and my wife filed her taxes for the first time last year (we were not married then) and she was suppose to get a refund but the IRS took 90% of her return back.
If I ... |
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 Will people receiving Social Security or Social Security Disability be eligible for thed $600 tax rebate? |
| Will people receiving Social Security or Social Security Disability checks be eligible for the government tax rebate this year?... |
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 Do taxes eat up a third of your salary? |
| I have been trying to figure out how to budget yearly, as opposed to monthly-paycheck to paycheck. My hubby makes $72k before tax and by my calculations, we only get $4k a month--$48k a year. So ... |
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 Why do some company's charge sales tax and some don't? |
If you have the source to your information please list it.
Additional Details
what about online stores...why do some charge sales tax, while other online stores don't.... |
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 Can you claim a child born after the tax year end? |
Example: Tax year ends December 2007...Child born February 2007.
A friend of mind told me it is possible. What do you think?
No wise remarks please. Truthful, intelligent, ... |
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 Rapid refunding my taxes? |
| Can any accountant rapid refund my taxes last year i had it done by a company who didnt require there help be accountants taxes were messed.. This year id like to use a CPA but I am not sure if they ... |
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 Can a CPA, who's not your accountant, look up tax info to see how much a certain family made a year? |
It's a long story, just wanted to know what kind of access CPA's have
Additional Details
Ok, long story short, I wanted to know if my future father in law looked up to see how ... |
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 Do I pay taxes on family inheritance? |
| My Grandfather just passed away, and I have learned that he is handing down to me 20% of his stocks. When they are all sold, I will be getting approx. $70,000 dollars. Is this taxible? Do I have to ... |
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 Do i add my child tax to mine? |
| My 16 year ago just got a job do i conbine her tax with mine or what do we do . My child has been working for 3 months ... |
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 What will you be doing with your income tax rebate check? |
| will you stimulate the economy with it, like buying a HD flat panel television with it? or will you be selfish and use it for food, or drugs? or worse yet, pay off some high rate credit cards?... |
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 Would Americans be willing to pay a flat tax instead of Income Tax? |
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A flat tax of 18% on all purchases/sales. The Illegals, tax protestors & All Corporations have no safe harbor because everybody pays at the cash register. The Nat&... |
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 We have 3 people on are mortgage. Come tax time can I claim everything if they are cool with it? |
I make the most money so I think that would work out best. is that true?
Additional Details
our not are... and yes I am gonna split it with them.... |
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 Need much help!!! Think we were lied to! Unbelievable!!? |
| My husband started a new trucking job in October. All they told him was that you pay your own taxes, they do not take taxes out of your pay. He recently quit that job. He did not get his last ... |
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 Taxs credits question?? |
I am hopefully going back to work in about a month...How long should my working tax credits and 80% of nursery fees take to come through.
The reason i am asking is because I am totally as ... |
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 Down payment help? |
| hi there,,,i am planning to put a big down payment for a new car i am planning to buy under my name,,,i never filed tax and dont have any income,,, i am planning to pay $15000 as the downpayment,,,i ... |
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Katie K | My 17 year old daughter claimed exempt and is arguing that she doesnt owe tax - but she still has to pay right |
My 17 year old daughter claimed exempt last year and earned more than she thought she would. She made $3900. She says that her boss told her that she should not have to pay still. My husband and I claim her on our taxes as a dependent so she cant claim herself. I have her owing the feds about $383 or so. She said her boss is saying its not true even with all the variables I have given. Can you shed some light on this for me? |
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stevexnelson
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Her boss probably doesn't know the whole story. Her boss probably doesn't realize that someone else is claiming her. Also, maybe he doesn't realize how much she earned.
I'm sure your numbers are accurate. She can't get out of paying taxes just because her boss, who probably isn't a tax expert, says she doesn't owe any taxes.
Good luck. |
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MBATXguy
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In a way, this is correct... She would be able to claim up to $5350 as a dedcution on her taxes for herself. She would be able to claim the personal exemption, but not the dependency exemption of $3400.. She is not required to file a tax return, but she should since she will receive the additional $300 tax rebate in May
However, in her case, here is what the tax code reads...
A dependent can claim up to wage + 300 (or $5350) whichever is less. So in this case, she would have $4200 as her personal exemption amount..
So, she would get no refund for any taxes, because none were paid, but she would get a $300 refund from the government in May...
The rules about exempt are that no taxes will be held out if no tax liability happened in previous year and none is expected in current year...Of course, it might be more beneficial to get her in the habit of having taxes taken out of her check...
In actuality, unless she has additional "unearned" income - i.e. investments, interest, etc, she would NOT OWE anything...
Hope that helps.. E-mail if any questions.. |
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ninasgramma
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If your dependent had only wages of $3,900, she will not owe taxes. She cannot take her personal exemption of $3,400, however she has a standard deduction of $5,350 which reduces her taxable income to zero.
I am guessing that you are using $3,400 instead of the correct amount for standard deduction, which is $5,350.
If she correctly filled out her W-4 as exempt, she will not need to file a federal tax return as no income taxes were taken out. |
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chatsplas
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Her employer is wrong. If a dependent earns more than $3400 they will not be exempt from paying taxes. |
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Celeste
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I think you may not be giving her the benefit of the standard deduction. Even though she cannot claim herself, she still gets the standard deduction for her filing status.
The standard deduction for Single is $5.350.
Since the deduction is more than her income, her taxable income/liability would be 0. |
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v b
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Dependents get a floating standard deduction. It's a minimum of $850, but it floats by the amount of the wages +$300. if she only made $3900 and had less than $300 in interest income, she's right, she doesn't owe.
The only way to get $383 for a tax bill is to forget to deduct any standard deduction at all. |
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MukatA
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She can file tax return as single dependent. She won't be able to claim her own exemption. She will still get standard deduction of $5,350 for earned income.
She will not owe any tax and is not required to file.
However, she must file to get refund of all the taxes withheld.
Here is the filing requirement for a dependent:
For Single dependents, you must file a return if any of the following apply.
• Your unearned income was more than $850.
• Your earned income was more than $5,350.
• Your gross income was more than the larger of:$850 (for 2008 $900), or Your earned income (up to $5,050) plus $300.
• Your self employed income is $400 or more.
She is not eligible for stimulus rebate on her return or on the parents return:
http://taxgeek.spaces.live.com/blog/cns!2EEA05E22BF141DC!114.entry |
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Wounded Duck
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She pays now, or pays more later. |
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