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 I haven't received my $600 economic stimulus rebate?
I know it's kind of early, but according the IRS website's payment schedule, I should have received my $600 "no later than May 2". I should have been among the first people to ...


 I worked a small time in 2007 only had 34.51 takin out for Federal Income, do I need to file taxes?
If so I have 1 dependent my son, I made $541.89 HOW much will I possible get back in tax return. Just an est. Best answer get 10 points today. EXAMPLE: $900, $800, $1200...


 Has anyone checked their mail today 5/20 for the stimulus check?

Additional Details
Yay! I got it today in Wichita area. Last digits 05. Hope you all get it very soon....


 How effective is offering an offer to compromise to the IRS yourself. Is a tax lawyer needed?
My tax debt is very high, with no ability to repay due to health. I need to get this resolved....


 Who can claim child on taxes?
My ex does not pay child support, even though he has an order. On the custody order, it is worded that we have shared custody, with physical custody with me, he is alloted every other weekend for ...


 Higher rate (40% of income tax affect you? (UK)?
For Up to £33,300k p.a, it's 22%, then it goes up to 40%.

Are you therefore worse off earning £33,400 than if you were earning £33,299?

How does it affect other things ...


 Do i get to claim my wedding expenses on the tax return?
...


 Can i claim my new baby on my taxes?
Hi. I hope you can help me with a situation i have about when i file for taxes. i am 17 years old and i plan to file my taxes in 2009. I have been working for a year and 4 months now and me nd my ...


 Council Tax Court Summons can they do this?
I pay my council tax monthly and the installments are 10 payments from 1 April to 1 January for the period 1 April to 31 March (payments due on the 1st) I was a bit short of cash with Xmas ect so ...


 If i won $250,000 AUD how much would the tax people take?
i live in victoria and i earn barely anything
Additional Details
by the way 40% seems alot. thats like 100,000. can anybody explain this a bit more? 40% is criminal!...


 Just a curious. what if ur only income is from interest from a bank? do u still need to file?
let said ur only income is from the bank interest. and the interests u earn is $50,000/year. do you still need to pay/file a tax return? and how much tax would that be? roughly 33%? how about $50...


 Why Is It Necessary To Have PAN?
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 Are businesses required by law to mail you your W-2 by Jan. 31st?
I called the place I used to work at and gave the new manager my new address so I could get my W-2. I live 4 hours from where I used to work. She agreed to mail it too me as soon as she received ...


 What to call a person who does not pay any taxes?
A tax collector?...


 Anyone received tax rebate stimulus checks by mail yet?
if so, what are the last 2 didgets...i am really anticipating this money as well as most of you are to......


 If my total bill was £494.94, what vat was charged at 21%?
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 Are state tax withholdings based on where you live or work?
My husband works for an oilfield company here in New Mexico. Yet, one of the company's rig's, that he works on, is located in Colorado. I was looking over his newest paycheck stub and ...


 I heard that if you send in your tax late you would received extra money. true or false?
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 How will I get my rebate?
I went direct deposit but the tax place deducted their money from my return. Will I have to wait on a check and also do they deposite the money every so many hours or something? Does anyone know?
<...


 When does the IRS pay out Refunds?
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Darren C
Students paying tax?
Excuse the stupidity but do part-time students pay tax at the usual rate? I'm going back to college to do a one-day a week Masters and need to work out where i'm going to stand financially.
                     
 




Steve-Bob
Rating
Paying tax is nothing to do with being a student. It's to do with how much you earn. Students just tend not to earn enough to pay tax, and so normally don't.

The payroll department should work out your tax properly, but you might want to check that they know how much you'll be earning in the year, so they know how much tax to charge you.

And even if it does get messed up, you can claim overpaid tax back off the Inland Revenue afterwards (the limit might be 5 years afterwards or something, but you get plenty of time).


princessnicola23
Rating
you will only pay tax if u earn over the free pay every week/month!

do u know how much u will be earning!

i work in payroll and i can give u the free pay figs if u let me know!!!!


dividedselfhood
Rating
Even if you're a student, you still have to pay tax at the normal amounts - if you earn over £4,500 a year.


moroccanprince23
Rating
yes you do. the only time student dont pay any tax is when they are working during shcool holidays and public bank holiday.


snarleye
Simple answer ...yes they do, but there are rules you ought to be aware of. A specific site is available that has cut through all the dross, explains this in simple terms...there is even an free on line help facility if you still have questions. I have used them very very impressed...got all the answers I wanted.


dianafpacker
I worked part time as a student, cant remember the tax rate?


scallywag
Rating
Usually, students don't pay tax excpet they earn over a certain amount in which case, they have to pay tax like everybody else at the same rates but as applicable to the particular individual scenario


snake999
Errm,why dont you do some research instead of relying on others to do it for you.I thought being a student was to study and use your head.Heres a little tip,why dont you phone the tax office?Use your common sense,what little you have...God help us all if these are the people we rely on for the success of our country


TEDDYB
It depends on how much you earn.Merely because you are a student does not exempt you,unless you only do vacation work & earn less than £5035 p.a.


#girl
Student, not student, part time, full time ---- none of these matter to your tax rate.

What matters is the amount of pay and the frequency of pay (weekly, biweekly, semimonthly, monthly, etc.)

You can go to the IRS web site (www.irs.gov), click on forms and publications, and scroll down to Circular E. The various Federal tax tables are in Circular E.

The Department of Revenue for your state will have a similar publication that you can use to estimate your state income tax. In addition to income taxes, you will be require to pay FICA/Medicare tax which is 7.65% of your taxable gross salary.


ilovebigbrother
I pay 2500+ employees every month some of which are students. If you are working during the summer holidays ONLY then you can complete a P38S form which you can get from the HMRC website. Hand this to your employer. As long as your earnings won't exceed £5035 for the whole tax year (Apr 6th to Apr 5th) then your employer won't deduct any tax and you will be on tax code NT.

If you are working the whole tax year round then if you are given the standard tax code that most people get you can earn £97.00 per week or £420.00 per month before you pay any tax. Therefore the idea is that if you are a student you will only work a few hours per week so shouldn't reach the earnings levels to pay tax anyway. Another thing to consider is that if you haven't worked in April, May, June, July or August so far then you will have your £420.00 allowance still for all of these months as it is remembered throughout the tax year so if you get paid monthly in September for example you will have 6 months tax allowance which is £2520 so even if you earned more than £420 in September, because you have some other months allowances you wont pay tax. But remember to fill in a P46 form from the HMRC when you start work because otherwise they will deduct tax until they receive this. I have put the links for both forms for you. Good luck with your masters!


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