 Can I take Childs Tuition off my taxes? |
My son goes to a private school and I was wondering if the education is tax deductable. Its a Catholic School. I know college can be deducted....
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He is in Preschool ... |
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 Why in India the Budget never helps a common men? that too Salaried sector? |
Why in India Budget gives "soft" corner to Industralists, Businessmen. Why its always a burden pass on the common community the 'end user' who always suffer in every budget.
I... |
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 How do I report tips when my employer does not deduct taxes from tips from my paycheck? |
| my employer will not allow me to report tips to have taxes deducted from my paycheck. Is this Legal in Pa.? If so, is there a way I can fill out my W-4 form to save me from paying out at the end ... |
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 I don't understand the "Head of Household" option on W-4? |
| I guess I always thought that whichever spouse made the highest income was automatically deemed as Head of Household...but maybe it's really for unmarried people only? Hmmm...I know it's ... |
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 I just spoke with a rep at the irs and i have some facts for everyone.? |
| the only people getting their direct deposit stimulus payments early are the ones who normally wouldn't file a tax return every year. those of us who file every year are still not going to get ... |
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 How much of a tax return will we get with 3 kids, making like 50k this year? |
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just a ball park amount- we live in OKlahoma, we are military- it doesnt have to be an exact amount- just a quick figure.... |
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 If you cash out your 401K and taxes were taken before you received your cash out, how do you file this with IR? |
| How do you file this with IRS? Does the cash out total go with your wages and income? And does the taxes removed go with your federal taxes? I live in the state of Nevada with no state tax. T... |
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 On parole and have an IRS audit that cannot prove? |
| I know someone that is on parole on drug related issues and they have an IRS audit that they just received from their taxes last year. They claimed someone elses children and gave that person money ... |
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 Who can legally claim my sisters kids? |
| ok, this is the situation, my sister has lived at my parents for the past 2 years WITH her 2 children, she doesnt work, she is still married but her and her husband dont live togehter. he basically ... |
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 My Mother got her stimulus chech on saturday.? |
It was a total of 600.00 her last to of her ss# is 07 so checks are coming. Has anyone else gotten theres already? I am expecting mine soon cause the last 2 of mine are 11.
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 If my gross pay pa is £35000 (UK) and my personal allowance is £6000, will I have to pay 40% income tax? |
| The HM Revenue site states 40% tax on income of over £34,800, but it is not clear if this is nett of personal allowance. Thus if my pa is £6000 my taxable pay is £29000, or does it mean 40% is ... |
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 I dont understand why I'm only receiving $600 in my stimulus? |
| I made about $5,000 last year and I am a student with a child. I just received my stimulus information and it states I only am receiving $600 dollars. Shouldn't I be receiving $900 since I have ... |
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 Inland reveue sent bill for £7000 but im not self-employed? |
| My husband got a bill from the inland revenue as he has a cis card but has never used it as he works from a company and pays tax and ni through is wages. What sould he do about the letter. they have ... |
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 Can I claim my daughter, who lives with me, she has earned 2600.00? |
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she is 20, and a part time student, and she already filed.... |
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jessica2295 | Should a Holiday Bonus be taxed or not taxed on your paycheck? |
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MN-Mike
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All pay has to be taxed...bummer eh?
Mike
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Snoopy
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Should it be? Well, I'd prefer the answer to be no!
Will it be? Yes, if it's reported by your employer as part of your total compensation. |
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jooker
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According to law, yes. It actually is subject to a higher WITHHOLDING than regular pay (in most cases), but not higher taxes. That is, when you file your taxes, you will receive a higher refund that in essence returns the over-withheld amount.
If they weren't taxed, then I would request that my entire pay be a "holiday bonus" just paid to me over time, like every month...... Tax vacation!! |
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stlouiscurt
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It will be taxed the same as regular income. |
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Gem
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The IRS requires it. No ifs, ands, or buts. |
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jkhickey
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A bonus payment is considered a supplemental wage which incurs a federal tax rate of 25% plus standard Social Security and Medicare tax of 6.20% and 1.45% respectively. |
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zebrabeads
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It should be taxed if reported as income, but I don't like that it's taxed more than your regular paycheck. |
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tahid59 s
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depends on employer, my company offers cash as a bonus. |
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shaydzofluv
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Yea it should be taxed about 40%. |
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