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 I need to report my employer for calling me an independent contractor and not taking taxes out for me.?
When she hired me she took advantage of the fact that I knew nothing about "self employment", so when she told me that I would be working for her real estate office as an administrative ...


 Can i still file my tax return since i miss my due date for this long...?
...


 So if you didnt file your taxes on time for the first time, theres no jail penalty, right? just cash payment?
...


 Im urrently unemployed due to redundancy and am claiming job seekers allowance and tax credits,?
i also receve housing and council tax benefit ,which is still a struggle ....


 I read that I am required to pay tax and a 10% penalty fine to the IRS for premature 401k withdrawal.?
On what income do I have to pay tax? Only that year's (in which I withdrew) or entire period during which I kept my money in the 401 account? Also the 10% penalty is on what amount exactly?
...


 When do you pay taxes on stocks?
for example, i sell a stock and make profit on it, will the taxes bededucted right away when the profit is deposited in the account or i will have to pay taxes when i cash out the money? or if not ...


 Where can I cash my Income Tax Refund check?
I have no checking account and I need to cash my income check. Where can I do that?...


 If I am reimbursed for travel expenses, do I have to report that as income?
Mileage, hotel, meal allowance....I pay out of pocket, submit an expense report, and my boss cuts me a check. Does the IRS consider that income?...


 Can i claim jobseekers allowance if i resigned due to employer saying my position no longer available?
i went for a leave from work and when i came back my employer said my position was no longer available to me. so i resigned. i heard you have to wait 3months to apply for jobseekers allowance but ...


 Did not receive a stimulus notice but irs.gov says I qualify?
Anyone else not receive the original notice that went out? When I do the calculator on the IRS website it says I qualify, so I am wondering what does it mean if you did not receive the original ...


 Company i work 4 just gone into liquidation ! how do i claim wages ? should have been paid today.?
...


 IRS REFUND DELAYED DUE TO PROCESSING DELAYS?
My refund date was changed in the system from 2/3 to now 2/24. I filed for RAC through HR Block. HR Block told me yesterday that nothing in the system was worng and it appeared my funds would be ...


 This is my first year as an indpendent contractor, and my tax professional says I owe...?
I was expecting to get about 2500 back in earned income credit, but they are saying i owe 300. I only made 23,500 and I had 8000 in expenses. I didn't pay in my medicare or ss through the year, ...


 My employer took out $120 for fed taxes in 07 they didn't follow the W-4 are they liable for the tax owed ?
W-4 showed zero allowances and requested an additional $5 per pay period be taken ...


 Do you HAVE to file taxes?
I only worked for about 1 week last year. Do I HAVE to file taxes? Is there any kind of penalty for not filing?
Additional Details
Parden my ignorance, but I don't know what a ...


 Child tax credit?
if i receive £46 a week child tax credit will i receive the same for my 2nd child? also does working tax credit change with arrival of 2nd child?...


 Has anyone in the UK Successfully claimed back all their bank charges?
We just have a current account with nationwide. Everytime a direct debit comes out that wasnt expected or is just a few pence more then expected we get charged £30!!!!!! I bet we have paid hundreds ...


 I didn't fiel my taxes for 2005, is that too late to do now??
I just filed my 2006 taxes, but i remember that i forgot to file my 2005 taxes last year. Is there anything i can do about that???
Additional Details
i know that if i filed my taxes i ...


 Does anyone know how to report earnings for 1099 and... ?
and what the best way to report is? My boyfriend just got a new job, but he has is considered an independant contractor. He will be getting a 1099 form at the end of the year of his earnings. He will ...


 I already e-filed my taxes and have a new w2?
What I'm wondering is that my returns have completed processing, and I'm waiting for them to be direct deposited. I can go on turbo tax and still add another w2, so, will they hold the ...



koolguy
What TDS in Tax?
wanna know the % diduction per scab
                     
 




ksps100
TDS=Tax Deduction at Source

Tax slabs

Rs 0- to Rs 1,10,000=Nil
Rs 1,10,001 to Rs 1,50,000 = 10%
Rs 1,50,000 to Rs 2,50,000=20%
Rs 2,50,000 and above = 30%

Additional cess of 3% for Education

Please consult a Chartered accountant for exact compution of your payable taxes
All the best!


vasudev s
A salaried persons Annual Income is taken for taxation as per the Tax Rules. Thus the calculated annual Tax/12 is deducted every month when the salary is credited to the account of the employee by the employer . This system of deduction of tax is known as Tax Deduction at Source (TDS).


Veekay
You can visit www.kewalramani.in for knowing the latest TDS Rates


delta
Rating
tax deducted at source.


AG
Tax Deducted at Source
It deponds on the income, nature of business & etc


Laxmipyare
TDS :- Tax Deducted at Source.


Ramkumar G
Tax deduction at source.


arul m
TDS is Tax Deducted at Source.

Every company is supposed to deduct tax if the payment is more than Rs.20,000/-

Payment for consultants is deducted at 10% with 3% educational cess added to the deduction.

Payment for all others is at 2% with 3%(on the tax) educational cess.


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