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 If theres no taxable income do you still file for state taxes?
...


 I made about $2000 in tax last year and was deducted by the irs,will I get my stimulus check?
...


 H.R. told me that I have to have a checking account to work here. She said I have until the end of the month?
I will be fired if I do not get an account .Is this legal?...


 Just got married. Forgot to update W-2 to married status. How should I file tax?
I got married in June 2006, but forgot to update my W-2 to married status. I would prefer to file jointly but not sure if having to forget to update the W-2 matters....


 They are taking half my paycheck! Taxes are anyway. I'm a cosmetologist. ?
How can I solve this problem?? I've never had this happen. They tax half of my paycheck no matter how much I make. I make hourly with commission. I do make tips too. and I do report them. Taxes ...


 Stimulance check?
me and my husband are getting the check but we broke up and i want to know if he can cash it without me... im a house wife and he works but he calimed me on the taxes .. i just want to split the ...


 My employer doesn't withhold taxes, how do I know how much to save for taxes?
I'm considering a contract job that has a W-9 form that I sign. How do I know how much to save to pay taxes? I'm married, filing jointly....


 Whats the difference btwn 1 and 0 on a W-4?
For example: If you put 1, you get more money taken out each paycheck and less of a tax refund and if you put 0 you get less taken out each paycheck and more of a tax refund.

Is that right,...


 Anyone think that low income earners should not be taxed. Gordon Brown the t****r sort it out Brownie.?
make GREAT britain Great ...


 I haven't recieved my stimulus check. Should I worry?
I heard the last day they irs sent them out was June 2 and I was told I was eligible for it but I havent recieved ...


 We are having a debate at work and i think it is smarter to file "0" on your taxes if you are single.
I was always told that if you file zero on you taxes, that means that you are claiming "zero" and that they will take the most amount out of your paycheck so you most likely will not have ...


 I am a part time nanny, If my employers don't claim my income on their taxes do i have to file my own?
My employers are paying my in cash and not claiming me as an employee on their taxes, so do I still have to claim this income on my taxes? I work another job in a restaurant and obviously file those ...


 Can we get tax credits we earn £22,500 per yr with 3 children?
if i move in with my partner will i still get my tax credits i earn £7000 per yr he earns £15,500 i also have 3 dependant ...


 I have a tax question involving independent contract work.?
my boyfriend works for fedex for his dad, and he owes alot of money on his taxes because when he started he though the taxes were taken out. But come to find out he owes like $8000 for the past 2 ...


 Do you need a SSN to get a tax preparer license?
If you wanted to get a tax preparer license, do you need to have a social security number?...


 My tax were not done incorrect?
who can i ...


 Do I get a refund of social security and medicare taxes paid?
Are Social Sec and Medicare taxes refundable if income falls under certain condition?

Thanks....


 I did not file my taxes for 2005, what will happen.?
I was on deployment all through tax filing season of 2005 and totally forgot to file my taxes. I usually get about 400 to 500 dollars back every year so its not like I owed any money to the IRS. J...


 Should all British subjects pay tax.?
If one is British and live abroad, one can connive not to pay UK income tax. However, Americans must pay tax wherever they may live or risk not being let back into the homeland....


 I haven't receieved my w2 form to file my taxes!! What do I do???
I can't get my employee to send it again because I cannot contact them...Is there an way I can do my taxes without the w2 form???
Additional Details
Is it true that I can still do ...



tammie b
OK. I typed in the wrong $ amount for my question. If I make $1325.00?
I bring in $1325.00 a month in cash for helping to care for someone. How much should I set aside for Federal and State taxes? South Carolina is my state. Sorry about the previous amount mistake! I will choose a best answer anyway!
                     
 




bostonianinmo
You can't just set money aside for April 15th. You need to make quarterly estimated payments. Use Form 1040-ES for Federal. Get a copy from the IRS website and use the worksheets to estimate your income and taxes and calculate the payments you need to make. If you don't make the quarterly payments you may be facing penalties for underpayment of taxes when you file.

SC has their own version of that, get it from the state tax department website.


Judy1
Rating
Figure.15.3% for self-employment taxes, and another 8% or so for federal income taxes. Maybe another 6%, probably less, for SC. So close to 30%.


reciprocityabound
Rating
well consider that se tax is 15.3% and also figure the income tax on 1325*12 assuming it was all year
you are looking at 15,900 so the income tax would be about 2000, that being said I would put about 30-40% away
If you are disciplined I would put it in a savings account with a high interest rate and let it accumulate all year and come tax season you will have your taxes and some extra cash.
If not so disciplined then you need to make estimated tax payment to keep from owing a large amount at the end of the year!
Good luck either way


janet u
Rating
The basic rule of thumb is 20% for non married people......You should have more than enough set aside for taxes.


lavendertg
I've always been told to set one third of my income aside. In this case, that would be 442 a month.


debi_0712
Rating
I would put aside AT LEAST 40 percent.
You still have to pay social security taxes as well.


mtvtoni
The sovereign state of South Carolina is a set of ruling
original 13 states program. There are two counsels to
look at for some tax relief. One is if you contribute to your
church. This amount can be deducted, and also a charity
that is located in the welfare system, take off 4500. This
now leaves you at 92--. In general though any tax person
should belong to the amnesty, veterans, social securities
and bank financial tax audits to keep all your return and to
point to the feature that you manage your own costs. The
government has over 6 ways to generate money, and as
an individual their priority is for you to find the beneficial
leads. Catholic investment counselors can be helpful.
I would guess about 1,000.00 for your income level.
Be cautious not be a tax payer, it is unknown who has the
collection, bargaining, or security duties.
http://www.chamberofcommerce.com


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