Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Taxes
Finance Discussion Forum

 Who should claim our baby on taxes?
My fiance and I are NOT living together because of our financial situation but we do have a one year old daughter. This year we both worked full time (except the 9 weeks I took off after having the ...


 Why would you raise taxes if lowering them brings in more revenue?
...


 Is it possible to get a new SSN?
Is it possible to get a new social security number? And if so, how?...


 Legal Age To File Taxes?
Humm... I have no clue, What is the legal "of age" to file income taxes?
Additional Details
This Should Apply To California, In The United S...


 Do I have to claim my 401K withdrawal as income on my 1040EZ?
I already paid the 10% penalty as well as the tax percentage based on my income brachet....


 Live together but not married...can boyfriend claim me on taxes if he supported me all year?
Me and my boyfriend lived together all year. He supported me and paid all the bills and I just want to know if he can claim me as a dependant on his taxes. I made less than the required amount for me ...


 Do you have to pay income tax on money made from recycling scrap metal?
If so, is there a minimum amount that you can make before you must claim it as income?...


 Can i claim someone else's kid w/ permisson? if i do, and get caught. what are the odd of gettin audited & fee
people from work say they do it every year and no one ever gets in trouble?...


 Please explain the logic and legality of employer deducting tips from my paycheck.?
Lets say... I do a haircut that cost $20. The customer uses a credit card to pay. They add $5 as a tip.
It is rung thru, the $25 is now technically in the cash drawer.
I take out $5 from ...


 Is the goverment tax the rich to little?
...


 Can I file for my taxes next year?
okay, i am only 18 and i have been employed (with two jobs) for about three months. i was thinking that by the time next april comes around, i should have the right to file my taxes because of my ...


 Garnishing Income Tax return for missed child support payments?
How would I go about taking an ex partners income tax return and stimulus check for not paying child support. Child support has been ordered but not a single payment has been made....


 Failure to file federal taxes - IRS?
My daughter's sister in-law and her husband have not filed taxes since 1998. If they file them now can they also be charged criminally? Would they go to jail with minor children?...


 Do I get a tax credit if I contribute to my Rotha IRA?
...


 What is the quickest way to get a tax rebate?
...


 Can two people file head of household?
...


 If I come into inheritance will I be kicked off unemployment?
...


 Why don't we just have a 15% income tax across the land with no exemptions?
SORRY - To all those who are so privilaged, they live off the fat of the land. Think of it as bad for the heart.
Additional Details
This way the people who make less, would pay less. <...


 If I wait until 2009 to deposit a commission check, do I pay taxes in 2008 or 2009?
I earned a commission (realtor). Do I pay taxes the year it was earned or the year it is deposited into the bank? Would love to include it in 2009 taxes. We're really struggling....


 Why are people who are not getting the stimulus package rebate so angry?
Don't they realize that the basic purpose of this rebate is not to help them pay their bills, or make ends meet, or help them afford school, or anything like that.

The only purpose is ...



sweetheart4
Tax Question, 10 points for best answer!!?
So back in 2005 I worked at a summer job for about 2 months and earned around $1,000 point being that I was not required to file taxes that year because I earned so little that year. My question is though, I was paid through personal checks from the owner of the store so he never took any taxes out of my money but he did have me fill out a W4 form. So do I owe money to taxes?
                     
 




Busy Guy
Only if you received a 1099 or W-2 from the employer. If not, then the money was never reported and you don't need to pay taxes on it. What the employer did was not fully legal, but at this point it is his problem, not yours.


Confused Republican
What determines whether you owe money is whether you met the income minimum--and you didn't.

The employer was merely trying to obey the rules by having you fill out the W-4. After all, at the time you're first employed, it's not absolutely certain that you won't cross the line requiring you to pay taxes. He or she was just trying to maintain good records.


SimplyMe1399
Rating
Well, that depends, did you have any other income besides the $1000 for 2005? Also, the minimum wage you can make before you are required to file a return depends on whether you are a dependent or not.

Go to the IRS website for specific info to see what applies to you.
http://www.irs.gov/individuals/article/0,,id=96623,00.html


ami
NOPE! Even though he was supposed to take taxes out you are WELL below the filing requirement threshhold ($8750 for 2007).


travelguruette
A W4 is how you tell your boss how much money to take out of your paycheck. As long as you earn less than the standard deduction plus the personal exemption you do not have to file.


ಊ]aMiEಊ
Rating
No, you don't


Mommy2B
Rating
No...if you earned more than $3000 that year then you would have no matter how he paid you, but since you earned so little then you are fine...like you dont exist..haha


gaddisdb
Rating
NO you dont owe anything!


anthony11@ymail.com
Rating
Nope. You didn't earn enough money, and are therefore not required to file.


That Guy
Rating
Yes, If you were not getting paid cash(under the table) you will have to pay taxes on the the 1,000.D. Even if you work 2 hours and made 20.00D IT WOULD STILL BE TAXED. No big deal it should be around 200.d that you should owe.


Nathan
if you were under 18 then definitely no. but otherwise yes and don't tell anybody. it really doesn't matter because the government wouldn't audit you because they would spend more money than they would get.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.014
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy