 Can i e-file returns with turbotax? |
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how do you do it?... |
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 Can somone explain to me how a tax rebate is supposed to boost the US economy ? |
| I have been hearing this for awhile now, but I don't understand how this is going to work. Thanks.... |
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 What to do if i owe money to the IRS?where should i go? |
| I've never owed money to irs is it possible it is a mistake?... |
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 What can the IRS do to you for not filing tax returns if you owe money? |
| I was divorced 2 years ago, (wife was cheating on me)had to dig into my retirement to settle with wife, she's not liable for the taxes and i'm broke and really depressed, so i decided that I... |
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 Can My Husband Claim me on his w2 (tax exemption)? |
| We recently moved to VA and I will be going to graduate school next year. We dont have any children. I do not work. Can he now claim "2" tax exemptions on his work W2 form. Can I be ... |
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 If u get paid £11,000 a year, how much is that each month??? |
| Salaries for junior designers may start at around £11,000 a year and i need to know how much it is a ... |
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 My husband and i filed seperate taxes mine single his head of household are we in trouble i didntno til 2day? |
| I'M TRYING TO FIND OUT IF I GOT SCREWED BY THE TAX COMPANY THAT I USED BECAUSE I'M TRYING TO APPLY FOR FINANCIAL AID AND THEY TOLD ME THAT I HAVE TO FILE AN AMENDED TAX RETURN THAT STATES I ... |
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 Ok i need more help-yesterday i talked to my friend robert and he said he claimed his brother on taxes he? |
| said he had right to,now the parents said they claimed him. i don't know much about this,but i know that more than 1 person CAN NOT claim the same individual-its not possible! he thinks im wrong-... |
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| First year for my 401k and I wonder do I have to file the amount I have paid into it with my taxes? |
| This is the first year I have ever put money into a retirement plan and I was not sure if I am to file the monetary information on my taxes. I have not borrowed against the 401k or transferred any ... |
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 I got married last year on December 15. My father inlaw has claimed my wife as a dependant.? |
How do I file for this year? Do I file single?
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My wife is 20. My father inlaw pays for her university tution so I guess he figured it will be fine. I just filed today ... |
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 My national insurance number has changed is this possible ( UK)? |
| I have been self employed for 2 years and I'm now starting a salaried job again and my new employer has asked for proof of my National insurance no, so I have given the number from my last self ... |
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 Im wondering if my b/f should claim BOTH kids for taxes this year, since he made more money.? |
or if we should each claim one child. I want the most money back, which I'm sure everyone understands.
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He is the father of the children, but we did not live ... |
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handsonhips101 | Should i be paying tax? |
student nurse getting emergency taxed
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i get a 498 quid bursery a month, i work 2 jobs part time, the first job i only work 12hrs a month on and i pay no tax on it, the second i work 40hrs a month, i get basic rate tax of 22% which is crippling me, is this right? i thought us students dont pay tax, lol. |
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Heads up!
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Check to see what the annual basic income amount is when income taxes start to be deducted.For example in Canada where I live you are not taxed on the first $9,000 you make after that the amount you have deducted in income tax increases to a maximum of 55 % . You might not have to pay any income tax if your annual income is under that amount , but if it is over than you would have to pay. When you file your tax return if you have paid too much you will get it back from the government anyway. Death and tax are the only sure things in life, good luck!
If you make over 4,800 quid in the year you must pay income tax, in the U.K. |
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***Missy***
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If you're a student, you still pay tax on your income unless all of the following apply:
you're a full time student in the UK, only working in the holidays
you're returning to full time education after the holiday
your total income for the year is below the personal allowance
Ask your employer for form P38S and tax won't be deducted from your earnings. National Insurance will still be deducted if you earn more than £97 a week. |
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starlet108
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Contact your Tax office and ask what your tax code should be. I have never known anyone stay on emergency tax long term. You should at least be getting basic allowances. Give them a call - you may get a rebate xx |
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Mrs W
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From the little information that we have been given, you earnings would mean that you would be subject to tax.
Unfortunately, 22% is the normal amount of tax which most people would be paying in the UK.
The Inland Revenue website gives you more information about this including pay calculators. Try visiting the below website, but if you are still not clear then telephone them on 08457 143 143 and they will work out any calculations for you.
http://www.hmrc.gov.uk |
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paul m
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Get in touch with inland revenue they will tell you exactly what is right. I was paying too much tax and they sorted it within a couple of weeks. |
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skip
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I've been away from the UK for a while (was a tax adviser there) but my first thought is whether or not your bursary is taxable. If it is, your tax deduction is probably close enough.
If it is not taxable, you need a split code. Take the job with the most regular earnings and have your local tax office set enough of your tax code against that, the idea being that you pay no tax. Whatever is left of your code should then be applied to the other job, which will mitigate your tax bill. You should get a form telling you about the split code. From memory it is a P9(T) but, as I mentioned I am a bit out of date. |
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Davy B
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As others say check with the office of H M Revenue and Customs. Anyone who earns more than about £4800 per tax year - which runs from 6th April - will [should] pay tax; students included. It is made more difficult with more than one job. If you think you have paid too much at the end of the year you complete a tax return and if so they send a refund. |
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David P
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You should contact your tax office as soon as possible, they are there to help.
Normally, an employee would have their non taxable income set against earnings on the first job and all income on the second job would be taxable.
There is scope for an end of year adjustment, if you have paid too much tax overall.
There are special rules for students.
There is some guidance on the hmrc website.
http://www.hmrc.gov.uk/ |
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Gilly
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no one should have to tax, but it's that lousy stinking greedy government!. |
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The Shadow
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From what i understand of being self employed and dealing with tax, the first £5100 you earn is yours to keep. This is for each business you run or job you have so if you arent earning over £5100 in one job you may not have to pay any tax. Of the next £1960 (roughly) you earn you pay 10%, its only when you go over earning around £7000 a year you pay 22% and if your income is over £30,000 its 40% (!). I'm not an expert and have mine done for me via the website tax calculator but thats roughly how it works so to sum up if you earn what you say you do then you should only be paying around £90 tax a year |
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