 I Have A Job That Pays ALOT. I'm 16 going on 17 years old. What taxes am I supposed to pay? |
And when do I file to pay them?
I just want to keep myself out of trouble with the IRS. Or whoever keeps track of my money.
Additional Details
BTW, I live in Dallas Texas.... |
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 Can u help with information on tax credit and child tax plzzzzzzz? |
| hi, i am working part time, 16 hours a week on minimum wage.my partner works 18 hours a week,also on minimum wage. we have a 8 month old girl. am i entitled to anything? i am struggling as i worked ... |
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 "Where's my Stimulus Payment?" link?? |
| I'm still getting an error each time I check the status of my rebate on the IRS website. My husband and I filed joint with 3 qualifying children back in Jan. We are military so e-filing was free.... |
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 Can you answer this please?? |
| Where are all the taxes that the immigrants haven't got back all this years, Not all of them work for cash, and don't tell me that they claim too many dependents, because if it's like ... |
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 We pay taxes for rubbish clearence - would you pay more? |
I heard on the radio that the government has given the green light for local councils to start experimenting with charging for charging households for clearing landfill rubbish by weight.
I... |
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 Tax code 503L? |
Additional Details
Thanks for that all, but this is my first job and i have been here 2 years so they are the ones who issued my P60
I dont claim expenses and i'm not ... |
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 How to be a millioniore in one month?? |
| I want to earn a million dollors in just one month. Will someone guide me to achieve this goal? Please, if you think that this is silly question, ignore it and dont answer. I dont want to see myself ... |
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 It would cost us $6500 in new taxes if we get legally married. Can we just have a faith based marriage? |
| She does not make enough to pay taxes, after we are married her income will become taxed. married filing seperate gives no real relief, but if we are only married before god and not to the state we ... |
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 Add a deduction after taxes have already been filed? |
| I have already filed my 2006 taxes and have now found further deductions that could possibly get me more than $500 back. Is there something I can do to claim these or am I screwed?... |
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 What can you earn a year without paying tax? |
I know you can earn a certain amount, after that you have to pay tax.
Additional Details
Thank you :D... |
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 I live in Oregon and I can't afford to pay someone to do my taxes? |
| And I have never done them before myself. I had a tax preparer do my 2006 but when she was finished I couldn't afford to pay her so she filed an extension for me. I don't know what to do ... |
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 How should my wife and I setup our W4 withholdings to minimize paying the IRS at the end of the year? |
How should my wife and I setup our W4 withholdings to minimize paying the IRS and avoiding a refund?
For tax year 2006, my wife and I both had "Married +1" on our W4s. Now after ... |
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 That damn IRS? |
Was it me or has anyone else had there income tax check snatched away by creditors....
It really hurts, that was money spent
I'm talkin like $2400,,,,... |
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 If IRS owes me money can I still file taxes late without filling for extension? |
| I changed my marital status in FY 2007, but my wife is not in US and she will be coming to US in July. I wanted to know if I can file taxes later in the year (say in July) without actually asking for ... |
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 I sold home last year, I'm single and owned it for three years - profit from sale was 45k, is that taxable? |
| Do I have to report the money I made (45k) from the sale of my condo which was my main and only residence when I file my income taxes? I owned it for almost three years and I'm single.... |
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 Would you take? |
would you take a 50 cent pay cut per hour if a job was offered to you and it's a 2-3 minute drive from your home.Or continue to take a 30 minute one way ?
Additional Details
dang, I ... |
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 I work 800 miles away from my house, are my expenses related to working away from home tax deductible? |
| I am a permanent employee and not a contractor-I fly home frequently and incur additional living expenses.... |
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Direktor | My friend's W2 has no federal witholding on it?What could be the reason? |
He didn't get a federal tax return because they didn't hold anything...why didn't they hold any money? |
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helplessromatic2000
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You can opt for this when you fill out the tax forms when you start a new job. This is usually done if you dont expect to make enough money to make filing a tax return mandatory .He might have selected it accidentally. He should contact the IRS just in case he owes money. |
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Judy1
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They didn't withhold anything either because he filed a W-4 as exempt, or he made so little that nothing was to be taken out.
He should check with his employer to see what his withholding is set up as. He can file another W-4 if it's not what he wants it to be. |
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Vegan
 |
He has to file his own return.
As for the W2, he probably claimed exempt on his W4, or he didn't make enough for them to withhold anything. |
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Aliz
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Did he claim he was a student and therefore he might be exempt.
Or his weekly pay was so low that they did not with hold any thing. Otherwise he better get ready to pay big bucks. And file for an extension, but he will have to pay an estimated amount owed by the filing dead line. |
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vicarious_notion
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Did he file a return?
It may be that he is claiming the appropriate number of exemptions on his w-4 form, which everyone fills out when they start a job and when their circumstances change, such as getting married or having kids, etc.
when he gets the W-2 at the end of the year to attach to his return, after doing his return he may have to PAY taxes.
Just because a person's W-2 doesn't show any Federal tax withheld doesn't mean they won't have a tax liability. Most people choose to have the withholding because it's easier to pay taxes based on your periodic payroll rather than getting a huge tax bill at the end of the year. |
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?
 |
It could be that your friend's deductions were larger than what he made. By law even if there is nothing in the federal withholding he must file if he made at least $500.00. |
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hightechchic
 |
There are certain (few) instances where someone may not have to pay taxes on income. (Usually it has to do with the income level being less than a certain threshold, but the number changes every year.)
It could also be a simple error. When your friend filled out his paperwork when he started the job, if he checked the "Not subject to witholding" box on the W4 form, he could've created this himself. Or it could be an error made by the company.
He'll certainly want to do some investigating. The IRS doesn't play around. |
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Angela D
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He may have filled his W-4 out with Exempt in box 7, at least I think it's box 7. If you claim exempt, then the government doesn't take the taxes. You should only claim exempt if you know for sure that you will not have to pay the taxes and would definitely get a refund back. Most of the time single parents claim this so they get more $$ in their weekly checks. |
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cork
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NO W4 I TAKE IT.....
HE BETTER GET FILLED OUT FOR 2007.. |
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