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 Can the woman that my husband has a child with take any of his money that he gets back from taxes?
He pays child support and they take out 20% of his check. And he is not behind either. But we are just concerned that she may be able to take 20% of his tax return also. Because any income that he ...


 If you havent made payments on a student loan, will the goverment take your income tax return?
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 Anyone have a 2006 federal tax booklet?
If so I was hoping that someone could look up what the tax is for 18,439 thats my taxable income so far this year I have a 2006 booklet but the one dang page i need was ripped out. I am just trying ...


 I have my W-2, but i dont know how to transfer the info the the 1040 tax form! HELP!?
I just got a W-@ from 2 different jobs. I'm filing online ona free site. I've entered a W-2 form for each job, but now I have to do a 1040. Do I do a seperate 1040 for each job or do i just ...


 What % do they hold out of a payroll check for taxes?
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 If i have had no national insurance number since feb 06 and been working since then will i get a payback on?
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 What should we do when the employer purposely puts lower amount on wages earned and taxes taken out.?
My husbands employer gave him W2 on 02/05 and the whole thing was wrong.My husband told them his earned wages were
3 times the amount they put down.They said it's too late we already
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 What's the cutoff age for parents who claim their college kids on their taxes?
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 Has anyone underpaid taxes as a method of savings?
Maybe I'm not thinking this through right, but it seems that if I dropped my dependents on my W-4 so that my employer takes out the minimum amount of taxes, I could put that money away (I'm ...


 How much money does a 16 year old need to make before Federal taxes are taken out? WE live in Wa state.?
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 I am having my taxes done by an acct this year~?
She charges the fee by form. Does anyone know what the charges may be. I KNOW THEY ARE FREE OFF THE NET, and so on. But she needs to prepare them for me, because they are complicated. Any ideas ...


 I'm a 22 year old college student and made around 3,000 dollars will I recieve a tax rebate?
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 Who love paying council tax? i do?
NOT! its a pain in the bum so much dam money have to be paid a month, what is the point of it just more money,its not enough that we pay tax on our wages to is it !...


 Is there a law that requires you to pay the income tax?
I was watching a video that says there isn't. If so where?
Also how did the income tax come to be? did it get enough state support to actuallly be law?
Additional Details
dont ...


 Is there anything we can do to protest over the sky high cost of Diesel/petrol here in the UK?
Or do we just keep on paying and paying even WHEN it hits the £2 a litre mark (predicted within 12 months)
Additional Details
That is £9 a GALLON within 12 months !!!...


 Has anyone rec'd their paper stimulus check - SPECIFICALLY? Details of this - PLEASE READ?
Has anyone received their stimulus payment in the form of a PAPER check in the snail mail before the "Where's My Stimulus" tool online or the phone number hotline stated. My ss ends in ...


 If someone uses your child's SSN, and then you use it to file your taxes too, who will be audited?

Additional Details
The person that used it wasn't the father, Will they withhold your check?...


 What is the average annual gross income of a prostitute ?
Let say she works independently and charges $250 per customer in a large American city, like New York....


 How much does a Mcdonalds extra value meal cost tax included?
gave a friend 10 bucks and only got 2 dollars in change ...


 Where's My Stimulus Payment? Info...??
IRS.gov now has a "Where's my stimulus payment?" feature. If you are scheduled to receive your payment in this "first wave" of payments, they will tell you how much and when ...



Farm bred, grain fed, all natural
My employer gave me a monetary gift for being the longest employed in the company's history.....................
Now, I am being charged Federal and SE taxes on it. Is that right?
                     
 




CPA
Usually monetary gifts must be included in wages and subject to all the associated taxes.

As is always the case with tax laws there are exceptions. Some small gifts can be considered "De Minimis Fringe Benefits" and are excluded from income.

The are also exceptions for "Safety Awards" and Length of service awards (However, these specifically exclude cash/cash equivalents)

Unless very specific criteria are met, I would suspect your employer was correct to withhold taxes.


irongrama
Any money given to you by your employer is wages, unless it is reimbursement for expenses.


BMW BFD
Rating
Yea it's legal. My old company used to hold monthly meetings, and they would hold a drawing for all the names of those who came and give them 10.00 cash. I won once, and they next pay period it was taxed on my check!!


shannonlee05@sbcglobal.net
sounds like a nice big bonus! good job!


onecrazypeach
Yup. Your company is required to report taxes on all monetary compensation to it's employees....and for that matter, so are self employed people. And Bonuses are not excluded.


trobo_man
Yes, you have to pay taxes on it. It is after all income. Gift,prize,or bonus, it doesn't matter. The IRS still calls it income.


whatevit
Rating
Yes Sir: The TAX man commith.


beccasmom99
Rating
Unfortuantely, that's how the system works. It's still considered income. :(


littlemomma
Rating
Yep, it happens.
My boss gave cash at Christmas every year, but on next pay check there it was having taxes taken out of it.


spicertax
Bonuses are taxable because you earned it. That's right.


Tom Cat
Rating
There are only two certainties in life - death and taxes. Which do you prefer?


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