Just wondering how many more people recieved their paper checks today and what numbers you are. I received my notice yesterday stating I would get it this week!!!!!! Hopefully ...
Im not sure how all the tax works, but I was told that i shouldnt be taxed on my pay until i earn more than £4,500 then i can be taxed. If thats the case then ive been taxed since day one up until ...
I'm a 22 year old college student and my mother claimed me as a dependent on her tax return because I used her income to apply for financial aid. Can I still claim myself as dependent on my tax ...
For example, say you have $5,000 in a 5% interest savings account. Which would be $250 in interest a year. At what amount do you have to pay capital gains tax?...
Yeah i didn't file taxes this year. I was 17-18 last year and i didn't work the full year. But i was working full time for awhile only making around minimum wage. So i dont have a clue as ...
*income tax & ntional insurance (directly from our wages/salaries) graduated from 22% up depending on how much you earn.
*stamp duty on property
*council ...
i dont understand any of the tax laws. except i have paid it and would like some back if im intitled to it. can some one explain how it all works for a employed worker like me....
If social security is your only income, you don't pay taxes on it. If you have other income also, then some of it (up to 85% depending on your total income) might be taxable.
tonalc1
How much, if any, of your social security benefits are taxable depends on your total income and marital status. Generally, if social security benefits were your only income, your benefits are not taxable and you probably do not need to file a federal income tax return.
Gary
It is possible to pay taxes on it. It depends if a person has other income sources.
r_kav
It depends. See the worksheet on page 28 of the 2006 1040 Instructions.
Pat
My wife recieves Social Security due to a disability and she doesn't pay when they pay her but at the end of the year we do have a calculation we have to follow to find out what part is 'federal' taxable, not state.. Keep in mind though, hers is Disability and I do believe this is different than regular Social Security.
wartz
Your mom is correct as to your mom but not as to everybody.
Charles WE
No, you don't pay taxes on Social Security benefits.
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