 Can I claim many W4 allowances, then put extra cash into savings, then after paying taxes, keep the interest? |
| If I keep every cent, I can earn interest on it instead of uncle sam, then I'd still have enough (assuming I had the discipline to not spend it!) to pay everything I owe in April. I'm ... |
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 What is a reasonable mileage allowance to expect per mile? |
I will be travelling about 500 miles per week to work and back and i am going to be paid for this.
Additional Details
This is MOT for business use, only to travel to work and ... |
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 Is everyone getting the tax rebate? |
| my parents don't think they are getting anything ... |
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 Okay, how long should it take for this check to get here? |
| My rebate check was mailed out on Friday. It's been 5 days. I thought it would AT least be here by today. The IRS website says expect it 3-5 days after it's mailed. Today is day 5 and I ... |
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 Since the kiranawallas and the vegetable retail shopowners do not pay taxes why we should support them? |
| The kiranawallas and the roadside vegetable and eatable vendors do not pay taxes which is a big revenue leakage for the govt. The big retail chains will give employment, pay taxes to the govt. ... |
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 Why do our taxes pay fof puplic access tv when no one watches it? |
i can honestly say that i dont know anyone that watches puplic access tv so why does the government make us pay for it
Additional Details
i meant to say "for" instead of "... |
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 We bought a house last spring. How does it affect out income tax return? |
| I have heard from some sources that we will have to pay, but have heard from others that we will get a return. We both claim '0' and both had an extra $5 taken out of each check for federal.... |
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 Do I have to pay tax on sales from a website? |
| Im looking into making a website that will take in less than $10,000 a year in sales. Do I have to pay tax on the items I sell? and if so how much and how to I register?... |
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 How much income tax do i have to pay? |
| I am 18 male living in California and i work at a sushi restaurant making minimum wage maybe like 400 dollars a ... |
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mikelowry | Stimulus Package Funds:? |
i would like to know, being that i owe a whole lot of money in taxes to the irs. will i still be eligible to receive the Stimulus Package from the goverment? |
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Richard M
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Your rebate will go to pay past tax debts.
According to the IRS:
Q. I'm eligible for a payment but I still owe federal income tax from a prior year. Will my payment be reduced?
A. Yes. For this purpose, the stimulus payment is treated like any other tax refund. This means that part or all of your payment can be used to pay past-due federal or state income taxes or non-tax federal debt such as student loans and child support. If this occurs, you will receive a letter explaining how the stimulus payment was applied. |
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RomeyM
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You will be eligible to receive it but if you owe a lot of money they IRS will likely attach your check to what you owe. IRS sucks in my opinion! |
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kattoo13
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The IRS sends out a notice to EVERYBODY, letting them know that they MAY be eligible. I got my notice yesterday. The will look at your earnings for 2007 and determine that. If you are eligible, checks will go out in May. You will have to pay taxes on your stimulus refund IF YOU GET ONE, when you file your 2008 taxes. |
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Chuck T
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Sure , they will apply it to your balance... |
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Grant Ray came on 12/8/08!
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You will be eligible once you pay your taxes into the government. If you haven't paid then you won't get the rebate. |
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pomegranatepants
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You can get an estimate of what you will receive back from the IRS and when you should receive it. Follow link below... |
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Heisenberg
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you need to file your 2007 return and, i believe, resolve any money owed to the irs. |
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King
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According to the IRS website, if you owe money from previous year's returns, they will take what you owe out of the stimulus check and send you whatever remains after paying off your balance. Go to the following website for your answer. It's the second to last question:
http://www.irs.gov/newsroom/article/0,,id=179181,00.html |
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onandonandonanon
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Oh come on, you really think our government has enough sense to look at who owes and put their payment to what they owe? You give our government WAY TO MUCH credit for having any sense or doing anything in such a way that it may save them some money!!! LOL You're safe!!! |
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