 Paying taxes...? |
| I am only 17 and s at the moment don't really pay many/any taxes, however, it just seems to me that taxes are going up and up. I heard on the radio that 3/4 of somebodys wage goes on tax and ... |
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 Do I pay taxes on my gain on my home? |
| Ive lived there for 6 years. im selling and walking away with about $100,000. I am planning to buy a new home right away in another state. Do I have to pay taxes on the money if I buy a new home ... |
|
 Anyone get their stimulus DD today yet ??? |
| Just wondering if anyone got their check direct deposit today like they were suppose to ? The IRS site said mine was suppose to be today,may 16th, but it is not there ?? If you did get your today, ... |
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 When do W-2's have to be mailed out? |
It's the 31st, correct?
If you have a child that is in daycare, does the daycare have until the 31st to mail out the information for the child care credit as well or do they even have ... |
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 Would the UK be a better society if unemployed people went to work in a workhouse? |
| assuming they didn't take the jobs of employed people? What jobs do you think they could do?... |
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 Can I avoid paying tax if I receive regular payments by cheque? |
| I know you can avoid tax if you recieve cash in hand- but what about cheques?... |
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 Please tell me if this is true or not? |
| When i was at work today my boss told me that when Bush gave us those stimulus checks in 2008...when we do our taxes this yr..the IRS is taking it back...My boss also said that she called HR-Block..... |
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 Anyone out there actually okay with paying taxes? |
| I am just interested in hearing what you have to say about it. Is there anyone out there who doesn't really complain about paying taxes because they see the point in it?... |
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 Do Rich People Pay Taxes,Too? |
| Or They Get Help From Loopholes? What Are Alternative Minimum Taxes?... |
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 Who here agrees with this new proposal for pay-as-you-trash? |
Its not as if we pay enough for council services with the council tax. why should we pay them extra for taking our rubbish away as well.
Its just another excuse for the greedy councils.... |
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 Do I have to have any dependants to file head of household? |
| I read up on it and it keeps refering to qualifying persons. I live alone and pay for everything. Does anyone know if i qualify.... |
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 Will I get a goverment rebate check if i havent filed taxes in a couple of years? |
| i havent worked for a couple of years due to injury and havent filed taxes, will i still be getting a rebate check?... |
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 Can you file your federal tax return before your state return? |
| I live in California and I always do my taxes online. The website says that I can start doing my federal taxes but the program for the California state taxes isn't up and running yet.... |
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 Who says I have to pay taxes ? |
| I would like to know what " Statute" ( What law ) specifically requires that I pay taxes to the " IRS " -... |
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 Married in May- How to file taxes? |
| We were married in May, so I know that we have to file as married. He never changed his W-4 form to reflect married, is that okay? Also i have had 2 jobs this past year- one with my maiden name, ... |
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 Should i phone them? |
help plz ?? we have been financially skint as my partners been out of a job and my wages went on rent, bills, shopping and everything.
we didnt pay council tax.... they wrote letters, i ... |
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Paco | My 31 year old son plays in a rock band and tells me he hasn't filed an income tax return in 10 years. ? |
he has never earned much and it probably was mostly just cash payments. question. he is in serious IRS trouble? |
 |
 
wartz
|
A self-employed person's income tax return is the source document for crediting his social security account so even if he didn't owe any income tax he would have to file to get his benefits. Social Security benefits are skewed towards lower income workers--the benefits for the lower tier of earnings is 90% compared to 15% at the top--so he is shooting himself in the foot by not filing.
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eminemsrevenge
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Not really...i played in bands that never even heard of the IRS. It's when you start making BIG MONEY that they go after you! |
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viajero_intergalactico
 |
the only real trouble he is in is not having the money to pay the tax he owes.
but if he made very little, he may not owe too much.
just to put an end to the amount of years he has not filed, why do you file for this year. maybe go back and file for 2007, 2006, and 2005 too. it wont be too bad.
as for the other years, if he and the irs have no proof of how much he made, there really is not much that can be done. also, he my not have been required to file and at this point, if this is the case, then he is not even required to have the records.
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Judy1
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Could be. And of course, legally, cash payments are taxable income. |
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chatsplas
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Probably
Assume he is self-employed, then he is REQUIRED to file taxes if he earned more than $300 in a year, schedule C and 1040
He may or may not owe taxes, depends on deductions and expenses
And of course he should be paying estimated quarterly taxes
Suggest he get going on this, and file last 3 years immediately
Cash payments need to be reported just as much as check payments, and whether income is from legal or illegal source, it must be reported. . . . .Al Capone was jailed for tax evasion, not bootlegging or murder. . . |
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Moem
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yes he is |
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jo614
 |
According to IRS guidelines, all income is taxable whether it is from legal or illegal sources. In this case, more than likely, he will not be discovered. However, this type of lifestyle lends itself to several problems. As already mentioned, he is not paying into Social Security, which at 31, he probably doesn't even care about. The more important issue is that he can't document any income. This will severely limit his ability to secure any kind of credit such as a mortgage. Now if he never intends to own anything, he could probably go on like this forever. He should be reminded that we all hate to pay taxes but, unfortunately, our society is a tax based system. When people such as your son don't contribute to the system, those that do have to pay in need to ante up even more. Again, he probably doesn't care about this either. |
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Mary P
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Aren't you glad that it's not your problem, but his? Payback time will come later in his career when he is thinking of retirement, but hasn't paid into a retirement plan, or social security. |
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Joe SixPack
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The odds are that he won't get caught, but if he does he could be in big trouble. A lot of people escape taxation by working in the 'underground economy.' |
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Dave C
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Yes |
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